The Bridgeport times and evening farmer., 1918-11-25
REGISTER BONDS AS PREVENTION
 OF THEIR THEFT
Can Be Done at Almost Any Bank and Without Cost to
 Owner of Bond.

Washington, Nov. 25-To insure against loss of theft of Liberty bonds. owners are being urged by the treas ury to have their coupon bonds reg lstered, although the procedure re- suits in a great amount of work and expense for the government now that the number of bond owners run above thirty millions. The registra- ton can be arranged at most banks, and is done without cost to the own CT. After registration, if & bond is accidentally lost, stolen, or destroyed, the government will pay it at maturity just the same, and interest checks will be mailed to the bond owner twice year without requiring him to go to the trouble of clipping cou- pons and presenting them at bank.
 '"The fact that bonds of the First Liberty Loan or bonds of the Second Liberty Loan are converted into bonds bearing higher rates of interest does not affect the dates on which inter- est is' payable" explains Treasury announcement.
 Interest Is paid on bonds of the first loan, regardless of whether, they have been converted, on June IS, and Dec. IS; on bonds of the second loan, May 15 and Nov. 15; Third Loan, March IS and Sept. 15; Fourth Loan, April 15 and Oct. IS.
 The Treasury also explains that owing to the mechanical difficulties of preparing millions of interest checks on registered bonds, coupon bonds will not be exchanged for reg istered bonds or registered bonds transferred on the books from one owner to another, during a month be- fore an interest paying date of each particular loan. For example, ex- 1 changes or transfers can not be ar ranged for First Liberty Loan bonds between May 15 and June Is; and 1 between Nov. Is and Dec. 16. For ' the second loan, these dates would be April Is to May IS; and Oct. 15 to Nov. 16. For the third loan, Feb. l 15 to March 16; and Aug, 15 to Sept. | Is. For the fourth loan March 15 to April 16; and Sept. IS to Oct. 16.
 This arrangement is explained by the Treasury as follows:
 1 During any period when the trans fer books for any particular loan are closed no transfers of registered bonds Of such loan or interchanges of reg istered and coupon bonds of such loan will be permitted, but if requests for transfer Of any such registered bonds or interchanges of any such registered and coupon bonds are received during such closed period, the requests will receive attention upon the reopening of the books.
 i 'The semi-annUal interest will be paid to the person in whose name
 bonds are registered as shown by the books of the Treasury department on
 the date the books close regardless Of any disposition that may be made
 by the registered holder during the
 closed period. If coupon bonds are
 presented for exchange for register.
 ed bonds during such closed periods
 the coupon next due should be de.
 tached and collected in the usua
 manner. If registered bonds are ore.
 sented for exchange for coupon bono.
 during such closed periods, interes
 on such registered bonds will be paid
 in the usual manner, and the coupor
 bonds delivered upon such exchange
 after the reopening of the books vii
 have the coupon maturing on the in
 terest day for which the books were
 closed and prior coupon detached"