Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1919-09-04
World Offers No More Safe In
vestment Than Treasury
Savings Certificates.
BACKED BY UNCLE SAM
Appeal to investor-to Be Issued
Continuously Hereafter-Pro-
tected Against Loss.

The entire machinery OF the Ninth
District War Savings Organization is
being set in motion in united effort
to increase sales of the new 500 and
$1,000 treasury savings certificates.
dents who would buy these govern.
ment securities regularly II they knew
Of them and that no effort will be
spared to bring that knowledge to
every possible buyer is the statement
OF M. K. Harrison, district director OF
the organization.
I'VE are confident q lasting demand
tor Government securities has been
created in this district and we intend
doing everything possible to foster and
supply that" Mr. Harrison said. I'VE
want investors to have government
bonds, notes and certificates on the
lists Of securities which they habitual-
ly buy. The Treasury Savings Certifi.
Gates are to be issued continuously
hereafter. 1t is vital that the public
be thoroughly acquainted with their
terms and advantages"
Nature Of Certificates.
The treasury savings certificates.
issued on the same basis as war saw
ings stamps. whereby the purchaser
receives his interest in advance thru
an equivalent reduction in price, are
a short term security, maturing Ave
years from the first of January Of the
year in which they are purchased.
They bear four per cent interest COM
pounded quarterly, giving yield OF
~ per cent to the man who holds
them during the entire period of their
Me.
Perfectly secured by the entire re-
sources and the full taxing power of
the United States government the
certificates are 100 per cent safe. In
addition to this, the terms of issue are
such that the price increases monthly
and with it the value of certificates
previously sold. On January list of
the maturity year, the government
will redeem them at full face values.
1T is to the investors benefit to
recognize some Of the unique and at
tractive features of the new treasury
savings certificates" said Mr.. Harri-
son Nowhere else in the world Is
there perfectly safe investment,
from which one may withdraw ones
money on 10 days notice, that pays
interest as high as Az per cent. No
other security in the world Is so easily
available as treasury savings certifl-
Gates, They are on sale in practically
every settled part of the United States
Banks and trust companies everywhere
may carry the $1,000 issue. while
banks trust companies and postoflices
OF the first and second class are carry
ing the 800 certificates.
These certificates may be redeemed
one month after the month in which
they were bought. Ten days written
notice is all that is required for get
ting ones money back and repayment
is made at the certificates value in
the month of redemption. higher
value than that at which it was
bought.
Protected Against Loss.
AN additional security attaching to
these certificates is the requirement
that they be registered. The name of
the purchaser is written on the certifi
cate when il Is sold and at the same
time is recorded by the treasury de-
partment The loss of them does not
mean loss of the investment
Owners of War Savings Stamps