'f WAR SAVINGS STAMPS MAY BE BOUGHT AT ANY POST OFFICE FOR 6?
War Savings Certificates entitle the holder to receive, on the seventh anniversary of the date of purchase, £1 for
each 16s. invested. In an be cashed at any Bank or amounts—
emergency, certificates may Post Office for the following
£1
date of purchase .... ig q At end of 1 year and before end of 2 years .. 16 6
At end of 2 years and before end of 3 years . . 17 q
At end of 3 years and before end of 4 years . . 17 g
At end of 4 years and before end of 5 years . . 18 0
At end of 5 years and before end of 6 years . . 18 6
At end of 6 years and be- . Q ~ fore end of 7 years . . *
At end of 7 years .... 1 0 0
DENOMINATIONS.
|
£5 |
£10 |
£50 | ||||||
|
£ |
s. |
d. |
£ |
•. |
d. |
£ |
>. |
d. |
|
4 |
0 |
0 |
8 |
0 |
0 |
40 |
0 |
0 |
|
4 |
2 |
6 |
8 |
5 |
0 |
41 |
5 |
0 |
|
4 |
S |
0 |
8 |
10 |
0 |
42 |
10 |
0 |
|
4 |
7 |
6 |
8 |
15 |
0 |
43 |
15 |
0 |
|
4 |
10 |
0 |
9 |
0 |
0 |
45 |
0 |
0 |
|
4 |
12 |
6 |
9 |
5 |
0 |
46 |
5 |
0 |
|
4 |
16 |
3 |
9 |
12 |
6 |
48 |
2 |
8 |
|
5 |
0 |
0 |
10 |
0 |
0 |
50 |
0 |
0 |
Certificates are free from Commonwealth and State Income Tax. No person may own Certificates with a face value of more than £250. Any bank will undertake to hold them for you for safekeeping without charge.
Another way in which everyone can help is by the purchase of War Savings Stamps for sixpence each at any Post Office. With your first stamp you may obtain a card which will hold 32 stamps. When the card has been filled it should be exchanged at any Bank or Post Office for a £1 War Savings Certificate. The stamps are not redeemable for cash.
A War Savings Group to buy Certificates by small regular payments may be formed of any number of people. It may comprise the clerks in an office, the workers in a warehouse or factory or mine, the members of a club or union, the congregation of a church, the residents of a township or suburb; in fact, any people who will come together for the patriotic purpose of saving their money and lending it to carry on the war.
There are two well-proved reasons why it is better to save by groups than as individuals. The first is the influence which every member of a Group can exert upon his associates, and the second is the regularity of the payments expected of each member. The State War Savings Committee therefore urges that Groups be formed wherever possible, and emphasises the patriotic aspect of joining a Group.
When a Group is formed, it should affiliate with the State War Loan Committee, which will supply it, free of cost, with members' cards, a book for recording members' payments, and a register for recording particulars of Certificates purchased by the Group and issued to its members. No other books or stationery are required.
A model set of rules for a Group has been prepared. Supplies and full help are available from the State War Savings organising secretary at the Commonwealth Bank in each capital city, except Sydney, where the secretary is at the Commonwealth Savings Bank Building.
0.53
What is a War Savings certificate?
It is a gilt edged security and an approved trustee stock with a seven years term, guaranteed by the
W^ScÄfcgÄhc
A War Savings Group is an organised body of friends or fellow employees who combine to purchase certificates by regular weekly or fortnightly contributions.
2. What
3. H(
A
£1 in seven
4. What rate of
Compound per annum
5. Do I pay
No. The certificate is free
6. Are certificates
Yes. Any you without
7. Where can I buy
At any bank or a war savings
8. How many can I
Not more than value), but every £250 worth.
9. What is a
£40.
be worth
3i per cent.
you cash a Taxes.
to hold them for office, or through of certificates (face the family can have