THE WAR LOAN.

Taranaki Daily News, 30 August 1917, Page 5

THE WAR LOAN.

Una two million mark reached. By Telegraph'.—Pres3 Association. . Wellington, Last Night. It is very satisfactory to know that already the two million mark has been reached in connection with the war loan, and returns from many other districts in Winch there arc large numbers of rich Bottlers iiavo yet to come in. The demand for war loan ■■certificates istill continues heavy. A well-known business man. lias token £IO,OOO worth irf Treasury bonds. Many local bodies we deciding to invest their sinking funds nnd other monies at their disposal in the loan, and enquiries every day with refer'ence to the methods by which this may be achieved are numerous. With reference to the conversion of the 1910 Act war bonds, it is announced that forms of application for conversion into inscribed stock may be obtained at any branch of the Bank of New Zealand on and after 3rd September next. People in outlying districts are making steady response to the circulars sent to them by the Minister, and cheques and other documents aro coming in daily. This is the time when the majority of dairy factories hold their annual meetings, and it has been suggested that various dairy factory companies should consider at their annual meetings tho advisability of investing any sum from £"250 upwards in the war loan, and it is hoped that effect will be given to this Excellent suggestion. ,± The Treasury desires that stockbrokers who are dealing with applications for investment in the loan., in any form fehould send applications through the local post offices, and not in to the Treasury direct. Any stockbroker who has not been advised from one of tho main stock exchanges will please regard this paragraph as an official intimation. j In Dunedin there have been sei .?ral heavy applications from individuals, as distinguished from companies, for amounts ranging from £2:500 to £20,000. Dunedin is noted for its patriotism, which is being clearly displayed In the matter of the war loan. As mucli doubt seems to exist in the minds of the public with reference to matters connected with various phases of investment in tho war loan, and also by the manner in which they are affected by the provisions of the Finance Bill With regard to both land and income tax, 4 special inquiry bureau has been opened In the main public office of the General Post Office, Wellington. At this office, the public will reccivo information with regard to any point about which they arc in doubt, or about which they find It necessary to inquire. It is proposed as speedily as possible to open similar inquiry oflices in Auckland, Christchurch, and Dunedin. This work has been undertaken by the post office solely 'fot tho purpose of providing* the public with information readily available at a centre convenient to all. $ FARMERS SUBSCRIBE. Timani, Last Night. At Geraldine stock, s;ile to-day two or three short speeches 'were made on the war loan, and in response to the appeal, forty among the farmers present subscribed £20,000.