The weekly Alaska citizen., 1917-12-17
LOCAL BANKS WILL HANDLE
 VAR STAMPS s

In rrlaee-m- received yesterday taa Fla~- National Bank and rh. Farmers Rank w,r. both informed .aa- ra- -.er.,ary of tHe .r.a-ure .- offering ca. sal. two billion dol. lar-' worA of wa. savings c-sus cate stamps and United States thrift -#mp- Thee thrift stamps and wal savings stamps arc mean- of a.-sn- money ro carry on 'a" war. and at -ua same time give people a chance to save mon.y and pur thetg mon.y out ar interest tn .h. u-. of the go,,anm,ar
 Thrift stamps s,l a, rw.nryftt, cents each and d5 no. bear interest Sixteen thrift stamps and twelve cents In ca-h, or four dollars and twelve cents in cash. du4ng ,hs months of December and January will purchase war sayln-- stamp This War savings stamp bears in. teresJ a' four per cent, and will be good on January l. 1928, for five dollars After February l. fal<. War ~aFlng- -.amp- increase in price one cent to. every month Thus a war savings -Hamp tu F,bruarg laIs. will br worth $31& Instead oi SIP as December and January. and this on~cyu. increase Will 20 on until he stamp raache- t.s maturity in January of 1923
 War savings certificates are toid or- ho1dlng twenty War savings stamps Thus il on. possezscs a mu war savings certificate now buy ing 1t in December or January. h. will pay for # $S240, while on Jan. uary l, 1918, # will be worth Sloo It j~ uog necessary that a war sa.. .naz certificate have twenty Wa savings stamps i'll lt, however. for one war savings stamp can b. ca-hea jn just a- well as twenty
 One thousand dollars is the maxi mum amount which may b. held by any one person in war savings -tamp7 This would be teu ul war savings certificates.
 War saving stamps can b. cashed ,n at any time for their full value al any .,-t office in the United States. The interest on these wifi also be paid when they are cosbed If there k any due Thus, if one buys a wa savings stamp now and want, ro cash ft in at the post of fee in February. he will get $4I3 for it. instead of the SLIP he paid. This interest is the one cent Der month which Is added after Fobru- ry 1, 1918.
 The name of the purchaser is written on each certificate, and if lost no one but the owner can usc il unless if k forged. Owners may prevent forgery or insure against it by registering their bond at any post office free ol charge, the only stipulation being that the bond must be cashed in at the post office where it ls registered.
 Both the First National and the Farmers Bank have ordered a sup ply of thrift stamps and war say inga stamps and certificates by wire, and will have them on hand as soon as they can be shipped in, and will be glad to receive and han1e all orders for them.
 The telegram received by both banks Is as follows;
 First National. Farmers Bank Fair
 banks, Alaska.
 Secretary of Treasury offers two billion dollars of war saving certif- cate stamps and United States thrift stamps. selling price war savings stamps balance this month and Janu- ary, 1918. SLIP each; selling price February s413, price increasing one cent per month throughout 1918, De cembrr 1918. price being $t23. Ma turity value January T, 1923. equiya- lent interest compounded at four per cent United States thrift stamps sell for twenty-five cent each but do not bear interest. Sixteen thrift stamps are eXchangeabIe for one war savings stamp at difference between their value Of four dollars and cur rent price war savings stamp, which difference for current month and January would be twelve cents War savings certificate is a folder to con tain twenty War savings stamps and becomes an obligation of the United States only when one or more war savings stamps are attached Thrift cards are cards to which thrift stamps are attached All banks and banking institutions automatically be come agents of the first class to sell stamps. bur cannot secure more than one thousand dollars war savings stamps at one time, but can pur- chase unlimited supply thrift stamps