The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1919-07-14
UNCLE SANS NEWEST
THRIFT PROMOTER
Treasury Saving Certifi.
Gates Are Now on Sale
Throughout Country.

RICHMOND, Va, July IA. - An
nouncement of the first issue of Treas
ury Saving certificates has just been
sent out by the Federal Reserve bank
OF Richmond, which is a fiscal agent
OF the United States. These Treas
ury Saving certificates in reality are
an issue Of War Savings certificates,
Series of 1913. in registered form in
denominations OF S10Nand $1,000 Una
tnrity yalue) for the greater convent
ence OF holders and purchasers of War
Savings and Thrift stamps.
They are issued in registered form
only: in denominations of 500 and
$1,000 (maturity valued; bear interest
at the rate of per cent. per annum
compounded quarterly; mature Janu.
airy i, 1924; redeemable prior to ma
furity after ten days written demand
and surrender of the certificate to the
office of the Secretary of the Treas
ury. Division of Loans and Currency,
Washington, though no such demann
FOR redemption shall be made prior To
the second calendar month following
the calendar month in which the GER
tificate was issued to the owner The
total holdings of any one person at any
one time, of War Savings certificates.
Series. of 1918, and of Treasury Saw.
frgs certificates are limited by law to
$1,000 (maturity value). Treasury
Savings certificates are not transfer
able, and are payable only to the own
err named thereon, except in the case
OF the death Of disability of the hold
er. Regulations governing redemption
IN such cases will soon be issued by
the Secretary of the Treasury.
These Treasury Savings certificates
arc exempt, both as to principal and
interest, from all Federal, state and 10.
cal taxes. except estate or inheritance
taxes, surtaxes, and excessprofits and
war-profits taxes.
Treasury Savings certificates in the
denomination of 500 maturity value)
may be purchased of any postoffice OF
the first or second class; Treasury
Savings certificates in the denomina-
tons OF 500 and $1,000 maturity val.
ue) may be purchased at incorporated
banks and trust companies which arr
only qualified agents of the second
clnss for the sale OF War Savings GER
fificates. Series of 1919.
War Savings certificates filled with
20 War Savings stamps, Series of 1919
may be exchanged for Treasury Saw
ings certificates in the denomination
ofs100; and 10 such War Savings GER
tificates may be exchanged for Treas
my Savings certificates in the denomi.
nation of $1,000. However. no War
Savings stamps except of the 1919 is
sue may be used for exchange for
Treasury Savings certificates, and only
completely filled War Savings certifi-
Gates can be used for such exchange. Ii
the War Savings certificate has not
been registered, and bears the full com
plement of 20 War Savings stamps, II
may be exchanged at any postoffice
authorized to issue and sell Treasury
Savings certificates of 500 (maturity
valnel; and 10 such unregistered War
Savings certificates may be exchanged
at any incorporated bank or trust com
pany that is duly authorized agent
of the second class, for Treasury Saw
ings certificates of $1,000 maturity
value). No previous notice is required
IN either case. But if the War Saw
ings certificate was registered. then
exchange may be effected upon the reg
jstered owners rendering it to the
postoffice where he had it registered
Treasury Savings certificates will be
issued in 1919 at the following prices
1fVNa Fy,a