Mansfield mirror. (Mansfield, Wright County, Mo.) 1908-1957, 1919-05-15
WAR BONDS HAVE
ALWAYS GONE Up
QUICKLY IN PRICE
HISTORY OF SECURITIES SHOW
HOW VALUES HAVE CLIMBED
SOON AFTER HOSTIllTlEs
WHEN u. S. as WENT TO 40
You viii Have Your Last Chance to
Load Up on Worlds Best
Investment.

Do you recall when the 4 per cent
United States Government Bond
reached 140?
You don't have to be SO very old to
recall that. And that figure OF lao
meant that the man who bought 1t at
500 per hundred dollars of face value
would be able to sell it for $40. And
he had been drawing 4 per cent In
terest on It annually all the time he
had held 1t.
Right now bankers and investment
brokers are predicting that the pres.
ent Government security issues. the
Liberty Bonds, will repeat the history
of the old Government Fours.
History will repeat itself they say.
The records of every great war show
that the prices of bonds that were
away down in the days OF the war
and for a time after the actual fight
ing had ceased, always increased as
soon as peace was firmly restored.
About a hundred years ago the Ma
~poleonic Wars were ending. England
had gone through a desperate strug-
gle with the French imperialist. Dur.
ing those struggles the prices OF Eng
lish Consols, 3 per CEN bonds, ranged
from the high mark 67h to SAY, the
low mark. That was in the year 1914.
In 1924, ten years later, the quotations
ranged from SAY, the low. to 96N,
the high for the year.
In this same period the French
bonds we're undergoing about the
same fluctuations. The French s per
cent "rentes" rose from 80, the high
In 1914, to 1O4.S in 1924. They had
fallen as low as As in the despairing
days Of 1914.
Our Civil Wa Bonds.
During the Civil War in America,
1861 to 1865, the Government issued
many bonds. During these four years
the bonds sold as low as SO. The
low figure Of SO was reached in 1851
when the Union seemed to be break.
ing up forever. But that year the
highest figure was 95N.
From 1861 on through the war the
bond values steadily ose They had
a practically steady rise on through
the wal until the panic OF 1878, when
they stood at 1885 high with the low
for that year at 11R.
In 1864 the American Government
issued the l-40-year bonds, and In
ten years these rose from l03h to
1161S.
The man who holds a Victory Note
(shortterm bond) or any one Of the
Liberty Bonds will have something
that every investor will want and be
willing to pay a price for. But the
wise man will not want to sell 1t. HI
will want to hold firmly to 1t In order
to have the steady, high rate of in
terest and that absolute safety on hi
investments.
Last Chance to Load Up.
The man who loads up with Vic
tory Bond is wise, in the best flnan
cial sense of the word. 1t Is the las
chance to load up, the last oppor
tunity to buy a high.interest war LOAF
bond.
There are a great many evidences
even now that the nation Is begin
ming its financial recovery. Abnorma
war conditions are vanishing day b!
day. 1t has been noted from montl
to month that there is an increase II
bank balances a. financial centers.
tendency toward lower ratss o
money. a lessening of the amount o
paper held by Federal Reserve ant
member banks. an inflow Of gold coil
and gold certificates into the bank
indicating a greater confidence in tn
financial situation and a decline II
the amount of Federal Reserve note
outstanding. All these are favorabl
signs whose significance should no
be overlooked.