Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1917-11-14
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fsv noss,sa JouWrsl SPECIAL Ls.nso w,ssi
Washington, Nov 13.--Investment
in war-savings certificates will be as
simple as the purchasing of postage
stamps under plan announced to-
night by Secretary McAdoo for tho
nation wide certificate sales cam
paign which he will inaugurate on
Monday, December 3, with the assist
ance Of the war-sayings committee
which he has created, consisting of
Frank A yauderlip, of New York.
chairman; Mrs. George Bass, of Chi
cago; Frederick Deleno, of Chicago;
Henry Ford, of Detroit Eugene Mey-
er, Jr., of New York, and Charles L.
Bane, Of Boston.
Little as Twenty-Five Cents Taken.
Any person may invest amounts as
small as twenty-five cents at time
at postoffices banks or trust COM
panies, at most railroad stations, stores
and factories and at many other pub
lie places where accredited persons
will act as authorized selling agents.
After the sales began the certificates
may be purchased at any time. AT
the average 1918 selling price such
Investments in certificates will yield
4 per cent interest compounded quar-
terly. The certificates will be dated
January 2, 1918, and will mature jan
uary /, 1928, or five years af-
ter date. The entire wealth and Sc
curity of the United States is behind
them.
Tax Exemption Attractive.
The tax exemption provision OF
these certificates, particularly from
the standpoint of the purchaser OF
smaller amounts, makes the invest
ment attractive. No person may pur-
chase at one time more than 500
worth or hold at one time more than
S 900 worth of these certificates.
These obligations OF the United
States will be evidenced by stamps of
two denominations--a war-savings
stamp, costing from $4.12 to
$4.2S according to the month in
which purchased and having a ma
turty value of s5, and thrift stamp.
costing twenty-five cents.
Cost to Increase.
During December, 1917, and Jann'
airy, 1918. war savings stamps will be
sold for $4.12 each. AT the beginning
of each of the succeeding months of
1913, starting February ], the cost
OF stamp will increase / per cent
per month All war-savings stamps
issued during 1913 will mature on
January /, 1928. when they will be
redeemed at SIS each.
The difference between the pur-
chase price paid at any time dur
ing 1918, and IS, represents tho in
terest the government will pay the
holder
With the first war-savings stamp
bought the purchaser will obtain with
out expense a war-savings certificate
containing spaces for twenty such
stamps. If the twenty spaces arc
filled during December, 1917, or jar
uary, 1918, the cost to the purchaser
will have been $4i2 for each stamp
or sS2,4O for the filled certificate and
on January /. 1928, the government
will redeem the certificate at 800,
giving the holder net profit of $3.50
for the use of his money.
Affix Stamps to Card
IHTllL STAMPS CosuHS twenty -ttNt
cents each are from time TO time as
purchased to be affixed to thrift
cards, which will be supplied without
cost. Thrift stamps will not bear
interest but a thrift card when filled
at cost of 81 may be exchanged
for a war-savings stamp bearing in
terest at per cent compounded quar-
terIy merely by turning the card in to
the postoffice, bank or other sales
agency and paying the difference be-
tween 81 and the current price OF a
war-savings stamp. The thrift stamp
feature of the plan will afford an un-
paralleled opportunity for the small
investor to save in order to place his
or her money at interest with absolute
safety.
The privilege Of surrendering cer-