Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1919-10-09
MANY TO BUY NEW
SAVINGS BONDS IN
OCTOBER s SALE
Reports from Ninth District Re.
veal Interest in 500 and
$1,000 Certificates.
OBJECTS OF CAMPAIGN GIVEN
"eio Brother Day" In Thrift Move
ment-Final Plans Com.
pleted.

OF dollars spent all over the Ninth
Federal Reserve district for the pur.
chase Of government savings bonds,
which might otherwise be spent in
needless extravaganza Plans for the
campaign have been completed and
according to announcement by Nj. F.
Harrison, War Savings Organization
director. there has been splendid
response from the public and In many
localities the present campaign Is be.
ing carried on by the old Liberty
Loan organizations and where this has
been impossible the War Savings
Workers are rallying once more to
the good OF the cause.
The object Of the campaign is to
again impress upon the country the
paramount Importance of practicing
economy and wise investment.
To Salvage War Thrift.
October 6 sales will be limited tc
the recently authorized 500 and 81, 600
treasury certificates. 1t Is the desire
OF the Treasury Department of the
Federal government to lay before ev.
erybody the OPPORTUNITY to buy
one or more of these saving certifi.
Gates.
1T is an opportunity to salvage the
war taught habit OF buying govern.
ment securities" commented r. A.
Young, governor Of the Ninth Federal
Reserve district, land it's a chance to
encourage the steady workers In the
Q m vynr nj rkn
big brother days help from those
who are financially able to buy the
800 and $1,000 certificates. It is a
chance for the busy businessman to
strike body blow at the high cost of
living and 1t Is an opportunity to put
In big day with our characteristic
American spirit to better economic
| conditions"
No Specified AlIotments.
There are to be no state, county,
district or township allotments by the
district organization in this campaign.
Each county, will strive to secure az
large distribution and sale of these
certificates as possible. 1t is not in.
| tended to allot specific amount for
any individual or to attempt to sell
to any one individual greater amount
of certificates than he can afford to
buy and hold.
These certificates are a guaranteed
investment The following brief anal.
| ysis Of the 800 and $1,000 will prove
interesting:
| New Certifca<es Analv,.a
Issue-United States Government
Security.
Denomination-Issu in denomina-
lions of 500 and $1,000 maturity
valued
Rate Of interest--Bear 4es interest,
compounded quarterly (yield 1870
interest).
MISUNDERSTANDING January l, 1924.
Method Of Purchase-$1O0 Certifi.
Gates may be purchased at any post.
Office OF first or second class, or at any
bank or trust company. $1,000 Ger.
tif!cates may be purchased at any bank
or trust company.
Tax Exemption-Exempt both as to
principal and interest from all Fed.
eral. State. and Local taxes. except
estate or Inheritance taxes, surfaces,
and xcess-profits and war profits
taxes.
safety-Issued in registered form
only. Not transferable and payable
only to owner named thereon. except
in case Of death or disability. Regis
tered in Washington, and protected
from loss by fire. theft or in any other
way.
HoidIngs-Total holdings Of War
Savings Certificates by any one per-
son, series Of 1919, and Treasury Saw.
ings Certificates not to exceed 81 900,
maturity value.
Observation-Disclosures and accrued
interest will be paid at any time fol-
lowing second calendar month after
month OF purchase upon ten days no
tice. liable showing redemption
value at any time prior to maturity
appears on each Certifcate)
Exchange Your War Certificates.
1T is WELL" said Director N. e.
Harrison, for the public to bear in
mind that any individual having q war
saving certificate partly filed with
stamps OF the 1919 issue may complete
such certificate and exchange same
for a 500, maturity value, treasury
savings certificate. This applies only
to the 1919 issue Of stamps"
Fraternal organizations, school
boards, churches and other organiza-
lions are particularly interested in the
sale Of these certificates because OF
the fact that the certificates are ex.
coptionally attractive security for such
organizations. BY investing in .
$1.GG0, maturity value. certificate or
several Of the smaller denominations,
these orders will ind that they have
. fund which is drawing a good rate
Of interest and which will. IN case OF
emergency, be convertible into cssh