WAR FINANCE
NATIONAL SAVING IN BRITAIN. NEW CERTIFICATES POPULAR. (British Official Wireless.) (Received This - Day. 9.57 a.m.) RUGBY. November 28. Small investors who had been given a first opportunity in this war, of contributing to the national funds have been quick to respond and heavy demands have been made for National Savings Certificates and the prospectus for Defence Bonds. Meanwhile the formation of new national savings groups is rapidly proceeding. Many large firms, which in peace time organised their, own saving schemes for the employees, are now making arrangements to save for investment in Government securities. One of the large banks stated that up to Sunday it had issued through its branches Defence Bonds free of income tax and of which no person can hold more than 500 to the total value of £365.390. The same bank sold £463,860 of 15s unit savings certificates of the new issue.
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Wairarapa Times-Age, 29 November 1939, Page 5
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148WAR FINANCE Wairarapa Times-Age, 29 November 1939, Page 5
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