Evening journal., 1917-12-28
URGE HERCULES MEN
TO BUY WAR STAMPS
Powder Company Will Not
Offer Preferred Stock
10 IFS Force
HELP GOVERNMENT
ALL IT CAN IS PLAN

War Savings Certificates and Thrift
Stamps are regarded so highly as an
investment for savings and az an in
centivo 10 thrift that many employers
sre urging their purchase
The Hercules Powder Company has
gone so far ar 90 notify IT, employees
that II Will not Offer FOR sale 60 them
this year shares of preferred stocks as
heretofore. The company recommends
instead that tho savings which would
be put into The purchase OF this stock
be devoted 60 ihe purchase of shares
IN the Governments s2,0000OO0oO loan.
This recommendation has just been
sent 90 the employees In the following
letter written by George II Markell, the
secretary at the direction OF the board
OF directors.
at has been customary about this
time each year 10 offer 60 an employees
the opportunity TO purchase the pre-
forred stock Of the company on easy
terms We have given our employees
the opportunity TO subscribe 10 both
Liberty Loans on about the same terms,
and VIII renew ih opportunity as
each subsequent loan is offered hy the
Government. The campaign to accom-
plish the sale of $1,000 100000 or War
savings stamps and Thrift stamps has
lust started
"'rhc War savings stamps and Thrift
stamps ran he h0uFht at every post
office and bank and al many stores A.
they furnish very convenient means
for everyone. whether a Hercules em-
| ..Ia 80 "a ga. LH IfH NUH
tho benefit Of The nation. the company
has decided that ~ VIII not oner pre-
fcrrcd stock on subscription this year
We appreciate the response that has
'3can made 20 our offers 10 each preNi-
GUS year. and hope to re-eslablish this
plan when the war ends and The gov
ernments need Of funds is less urgent
War Savings Stemps can be pur
chased until the end of January. 1913
al Si.l2 each. Their cost Increases
ic per month during each month of
1918 on Januarv 4. 1923. they viii b.
redeemed by tho government at 500
each the increase in the redemption
value over the cost being the equivalent
Of z per cent interest on the orisina
cost. compounded four times each year
The Thrift stamps cost pc eacf
whenever purchased, and DO not in
crease in value nor bear interest. hu
when sixteen have been secured at
total cost OF siO0 the Thrift stamp
can De exchanged for a War saving
stamp by thc payment in cash Of th
additional i2c or more, according u
the month in which the exchange
made.
I'm this connection we cannot urg
too strongly on every employe tho dut
. of not only saving 90 his utmost ca
, pacity end investing such savings
, Liberty Bonds. War Savings stamps &
Thrift Stamps. but his further duty
exerting whatever influence he ma
have on others not in The employ
the company 10 save and invest the
savings IN the same way.
our employees have responded ger
erously 20 each of the two Liberl
Loans. and we feel sure that every iiel
cules employo viii. as long a. the va
continue. avoid every possible ui
3 necessary expenditure and IN this wa
h release. for tho benefit Of the govern
ment the labor and material that :
into the things that NE might ha'
purchased while ai the same time
D. will lend to tine government the none
, that he might otherwise have spent Ia
: investing his SAVINGS IN Liberty Bond
a War savings Certificates or Ihri
stamps.