davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-04-12
l!1c Dollar. in Foreign Exchanos

The foreign exchange market was an
extremely dull affair yesterday. ster
ing rates were slightly firmer, while
francs eased off further, checks on
paris falling to 6.02 to the dollar.
Italian exchange was weak. Neutral
exchanges were steady.
Closing rates yesterday, compared
with a week ago, follow:
>Quoted dollars to the pound.>
New-York tribune., 1919-04-12
FINANCIAL MEETINGS
GREELEY HUDSON SECURITIES COR

NOTICE OF ANNUAL. MEETING
New York April 3rd. 1919
PLEASE TAKE NOTICE that the an
nual meeting of tie stockholders ~
Greeley Hudson Securities Corporation VIII
be held at the office of the Company. at
No III Broadway. in the Borough Of Man
haitian. City of New York. Tuesday. TIA
18th day Of April, 1919. at II o'clock n
the forenCcn. for the election Of directors
for the ensuing year and the transaction
OF such other business as may properly
come before the meeting.
WILLIAM EVERDELI. Jr Secretary.
New-York tribune., 1919-04-12
Inspiration Net
I'm 1913 Is Equal
To $500 a Share
Price Production and Profit
Fall Heavily; Company
Joins Anaconda in Buying
Oil Lands

Sales of the Inspiration Copper Com
pany in 1913 amounted to S17,516,323,
contrasted with S21,242,217 the preced-
ing year. The surplus available for
dividends was $S,229 ,163, equal to S696
a share on the 1,1S1,96 shares of stock
outstanding, which have par value Of
$50 q share. In 1917 the company
earned $3.50 a share and in 1916, the
year # record earnings, sli.45 a share
was earned for the stock.
Last years earnings were produced
by sales Of 7O,694, ,324pounds of copper
at an average price of PATS cents a
pound. The total 1918 production was
98,54O, ,041 pounds, against an output Of
S0566,9S2 pounds in 1917, when the
price received averaged 26.366 cents 81
pound. The 1918 income account, con-
tanned in the annual report issued yes
terday, compares with the preceding
year as follows:
1919 1917
New-York tribune., 1919-04-12
Onice of the United Gas Improvement Co
n. ". Cor. Broad and Arch Streets.

Philadelphia, March ., 1919.
The Directors have this day declared
dHlaena ano on per ssnt 70 81 stock
holders OF record at the close of business
March 81. 1919 Checks viii be mailed
L W MORRIS. Treasurer.
New-York tribune., 1919-04-12
Tea

There was fair business in tea yes
terday. Prices showed little change.
Quotations in cents q pound for lots
OF so and 100 packages follow:
GREENS
New-York tribune., 1919-04-12

Virginia, 58@65c; Western and other
Southern, good to prime, 5Sd63c; Is,
Southern, common to fair, 50c; goose
eggs, S5c(6$1.
New-York tribune., 1919-04-12
Butter, Eggs and Cheese

Butter.-Receipts were 1857 pack
ages; Creamery, higher than extras.
lD.' 66a66Hc; extras, 80 score, 65hc;
hrsts' SS to 81 score, 631a @65c; sec
grades, $4,000; unsaited, higher than
extras, 677s @68c; extras, 6611667c:
tirsts, 6412 @66c; seconds, 62a64c.
State dairy tubs, finest, 64665c; good
to prime, 59@63c; common to fair. AZ
(9boc; renovated, extras, 5O0 Bic:
iirsts, 48@49c; lower grades, 45047c:
imitation creamery, frsts, 4965O
ladies', current make, frsts, 47G48c;
seconds, 45 Il @46c; lower grades, 446
4oc; packing stock, current make, No.
!, a. u "a 45c; No. 2, 43h h@44c; lower
grades, 4OM43c.
New-York tribune., 1919-04-12
j. X. Rice, lr. & CO. Buyand Sell

American ChicIe Common
Childs Restaurant Com. G. Pfd.
Continental Insurance
/ Battery Park NATL Bank Stock
Famous Players Lasky
Franklin Fire Insurance
Farmers Loan {, Trust Stock
Fidelity Phcnix Insurance
Great American Insurance
Home Insurance
Metropolitan Trust Stock
Mechanics & Metals Bank Stock
Midland Securities
n. 7. Life Insurance & Trust Stock
I n. Y. Title & Mortgage Stock
Remington Typewriter Stocks
Iexss Pacific Coal & Oil
U little Guaranty & Trust Stock
J.k.Rice ,syp $50.
Phones 1000 TO ao1o John. SO walls,N y
New-York tribune., 1919-04-12
Sustenance
Cereals

Wheat-Strong demand for wheat
continues. Small receipts and large
exports are decreasing the visible
supply. 1t was reported Yesterday that
India will import 100000 bushels of
wheat from Australia by next July.
Corn - Prices were higher at the
opening on reports Of advancing hog
prices. Commission houses sold on
the rise. The market eased off and
thereafter was barely steady.
"The Modern Miller" saws that corn
and oats land is being seeded to spring
wheat in nearly all the larger coarse
grain" states.
Yesterdays Previous Year
Corn No, :. yellow.si.isM sIssA sloss' ago
3nyy Mny : ::::.:: 11:ss5M 1:s5M3. 1:ss'4 1:ss sl:17s
sept .........'.... 1.44s 1.asSs
Oats.-Market was quiet, with spot
offerings holding at frmer prices,
while trading for future deliveries was
at slightly lower prices.
Yesterdays Previous
oass NO o's white soa4 so7s 5oss fFsT sio52 SS2
MAJ MAJ. "........... .sS55,= .s3M 1854
sSpiembor sSiy ...... :ss3s ss3 .ss :ssss"
Kyc.-Markct lower
Yesterdays Previous
Cash. NO SIS. siG;s siaa S's. s:ss sF0
Flour and Meai.-Quotations we're:
Yesterdays Previous
=, New York; close: close Year ago
+ pa e; e :ss sss s
Bran loo 10 46.OO 4G.OO -
New-York tribune., 1919-04-12

Cornelius F. Kelley, president, stated
in the report that the company had
purchased jointly with the Anaconda
Copper Mining Company a tract of 100
acres of oil-producing land in the
Bakersfield district Of California to
protect the fuel supply of the two cor
porations. The oil company, known as
the Arizona Oil Company, has an
authorized capital of $2,5OO,000, OF
which 1920 shares have been issued.
Since the consummation of this trans
action, on May 2l last, 1923 622 barrels
of oil were produced up to December
81 last.
An explanation Of the policy Of the
Inspiration directors in maintaining it's
regular So share dividend up to the
last meeting of the directors was found
in the company's balance sheet, which
showed cash and cash assets of $13,-
928,171 on hand December 81. This was
greater than the total reported at the
close of 1917 by S1,422.4 .436
New-York tribune., 1919-04-12

Nominal
Below is given the current exchange
value OF foreign money in dollars and
cents, together with the intrinsic gold
parity. as calculated by the United
States Mint:
New-York tribune., 1919-04-12

Coffee Futures.-Public participation
IN the coffee market was very Slight.
Business was inactive. Present high
prices and the knowledge that there
are heavy stocks n the primary mar
kets tend to check free buyinq.
The range Of prices follows:
,,,,, Thursday Year
May ago
,,,u 1900 1885 l5so@l5.e2 Is. .so@15. s. s44@s.45
c.., 1855 1898 l54s@l5.5o l524@l5.2e s.5o@s.5l
NJ l4e5 14.7s l4ss@l4ss 147s@l4.75 s.5s@s. 60
1883 143a l447@14.4S 1435@l4as s.es@s.7o
- - 1449@145o 1457@ a -
New-York tribune., 1919-04-12

Sugar.-There was only fair de
mand in the refined market. The quo
tation for refined granulated was un
changed.
New-York tribune., 1919-04-12

ANDREW J. MCCORMACK. Arctioneer.
REGULAR AUCTION SALE
STOCKS AND BONDS
BY ADRIAN II. MULLER & son,
OFFICE. 55 WILLIAM ST.
WEDNESDAY, APRIL 16, 1919.
at 2:3o o'clock, at the
EXCHANGE SALESROOM,
NOS. "A AND 16 NESEY STREET.
For Account Of Executor:
$50. 900 University Of the City Of New York
1st Mtge. a. Bonds, dae May. 1870.
For Account of Whom 1t May Concern:
$4,000 American British Manufacturing Co.
Go BIDS. 1919
10 shs. United Gas & Electric Corpn.
Conn. LIST prefd.
so shs Great American Insurance Co.
5000 Washington Utilities Co. SO Notes,
due June /, 1918, extended at 81
to June /. 1919.
100 shs Washington Virginia Ry. COM
mon.
1,5oo Note Of b. H. Warner Jr. dated
Jany. 31st. 1919. due April 50th-
1919 secured by $4,000 Washing
ton Utilities CO. 80 Notes Of June
l. 1918. extended a. "a 10 June ].
1919, and $50 shares Eastern Light
& Fuel Co. Principal of this note
has been reduced 10 The extent Of
$325 through collection of coupons
due March l, 1919. the Wash
ington Utilities Co. notes
1000 shs- Mays Consolidated OIL Co.
New-York tribune., 1919-04-12
. year ago

Per ton A year ago !.
Timothy No. I.
large bales Sflaa@ sea. COG sl.oe
Clover. No l Inxd $500 a $500 $500 g eS.w
R.e STRAW. No. la.O9zt la.O09 -
New-York tribune., 1919-04-12

New York, 101Ac, unchanged; Mexican
dollars, 77l5c, unchanged
New-York tribune., 1919-04-12
Maturity

the Federal Reserve Bank OF New
YORK has put In force the following
senedaie OF rediscount rates which
apply to bankers acceptances: Maturi-
t,ss uD 70 IS days, 4 per cent: .s to
20 days, inclusive, ~ per cent; el to
~ days, inclusive. Al per cen..
New-York tribune., 1919-04-12

Cheese.-Receipts were 2.75o boxes
state, whole milk, fresh flats, colored.
lb., 32@32hc; white, 33lkc; AVERAGE
run, colored, 31hc; white, $50; lower
grades, 3OQ31c; flats, held, 361bM3oc.
twins, held, So y 039c; Wisconsin. whole
milk, twins, held, 34639c; fresh AG7
32c; single daisies, held, 35@38c; fresh.
81 12 Gl32c; double daisies. held 350
3Sc; fresh, 31h@31Ac; Young Amer.
lcas, held, fresh, 32%M33Ac: state
SKINS, specials, 23@23hc; prime to
choice, 21022 nc; fair to good. 15Co
2oc; lower grades, 6@14c.
Eggs Receipts were 4o777 cases
FRESH gathered, extras, dozen. 45la-Q)
ACC; storage packed, extra frsts, 45c;
trsts, 42A@44lac; gathered, extra
firsts, 44M44Nc; firsts. northerlv sec
d1%}ss. ti0ns: az @4shc; southerly sections,
4i(alA3c; seconds and poorer, 3S040hc;
dirtles, No. l, Ss14@395sc; No. 2 and
poorer, 3o(@3sc; checks. good to choice,
dry' ~ 4 "a M9S1ac; under grades, 356
&c; state Pennsylvania and nearby
" eStern hennery whites, fine to ency,
o2c; ordinary to prime. 4N051c; Cath-
cred whites, ordinary to fine, 4sG51c;
pacitic coast, ordinary 70 fine, ASA
49c; Western and Southern, gathered
whites, 44Gb0c; state. Pennsylvania
ana nearby hennery browns, 46GlA7c;
gathered brown and mixed colors, 420T
1oc; duck eggs, nearby Indian runner,
lancy, 66@68c; Baltimore, 65(ql66c;
New-York tribune., 1919-04-12

Discount Rates.-The following table
gives the Current rates of the twelve
Federal Reserve banks on commercial
paper for all periods up to ninety davs:
New-York tribune., 1919-04-12
Sugar and Coffee

CURRENT A year
Sugar, granulated. b.. AZ
Sugar. centrifugal, per lb % -
Coffee. Rio No Z, per lb. .16M a I6aL
Coffee, Santos No. 4. per lb20H @2I -
New-York tribune., 1919-04-12

terday were:
=. Ezchangea Balances.
New York .....s733,e97,4 ,4ef 7o,4a1
Baltimore ..... 1859, ,359 5,o21. $50
Philadelphia -. eS,s23,753 1902 .sga
sob.Treasury. The Sub-Treagury
gained 5S53.0oo from the banks on
T6uraday
siiycr.~~London. 4sHd, unchanged,
New-York tribune., 1919-04-12

terday were:
New-York tribune., 1919-04-12

Bank Acceptances.-Rates we're un-
changed yesterday.
Thirty Sixty Ninety
epot de- days. days. days.
livery: Per cent.Per cent Per cent
Eligible
member
banks ....4h@4 4A@4h 4h@4A
Eligible
non-mem-
Der banks.4h@4 4h@4I4 49s@4a
Ineligible
bank bills.SA@4H 5A@4H 5N@4s1
New-York tribune., 1919-04-12

StlcS
Mining expenses. in
Guiding develop
ment
Re eduCtion expenses,
including transp.
of ore
Refining and selling,
including transp.
of metals.
Adininist. expenses 8
and Federal taxes
Less copper on hand
Dec. 81 =.
Dc cpreciatlon
Interest received .
Income 6 from invest =
nlent3 .......... (.
BdldnCe .
New-York tribune., 1919-04-12
Hay and Straw

estcrday
Per ton
Cottonwood chronicle. [volume] (Cottonwood, Idaho) 1917-current, 1919-07-11
HOLD FAMILY REUNION.

A family reunion of the Gaul
family was held at Lewiston last
Sunday at the home of their
mother, Mrs. Anna Gaul.
P. A. Gaul accompanied by his
family and by his brother, Joe
and sister, Mrs. Frank Homer, of
this city motored to Lewiston in
Mr.. Gauls car to be present at
the reunion returning home the
same day. The Gaul family
spent a few hours at Lewiston
and then motored to Lake Waha
were they spent the remainder
of the day. Among the other
members of the family being
present were Fir, Cyril Gaul, O.
S. B. of St. Mienrad, Ind, Sister
liberia and Sister Cyril, these
three members of the family be-
ing engaged in religious work,
and the Misses Agnes and Ade-
line Gaul.
On their return to Cottonwood
Mr.. Gaul was accompanied by
his brother, FIR. Cyril Gaul who
will spend a few days visiting
with relatives here.
Cottonwood chronicle. [volume] (Cottonwood, Idaho) 1917-current, 1919-07-11
TO SELL $4,000 ACRES.

During the month of July, the
State Land Department will Of
fer for sale $4,000 acres of agri-
cultural land in Butte. Bingham,
Bonneville, Teton, Fremont and
Madison counties. The sales be-
gin on July 14th and end July
25th. This is the biggest sale
ever advertised by the state, and
includes some of the choice
wheat growing lands of the
Snake river valley. Literature
of the lands to be offered, toge-
ther with sectional map showing
the location of the land may be
had upon application to the
State Land Department at Boise
or by calling at the Chronicle of
flee where we have descriptions
of the land to be offered for sale
by the state as well as other in
formation given out by the land
department.
Cottonwood chronicle. [volume] (Cottonwood, Idaho) 1917-current, 1919-07-11
WATCH THE CHOPPERS"

Over 5000 pounds of arsenic,
about $4,000 pounds of bran and
1900 gallons of molasses have
been used in the fight against
grasshoppers in Lewis county
during the last two months.
This means a total expenditure
of near $4,000 but is considered
a good investment by the farm
ers of the county in saving their
crops from the ravages of count
less millions of "hoppers" that
would have devoured a large per
cent of the crop had not a con-
certed fight been made against
them. In some localities where
the hatch was heaviest, farmers
applied the poson bait as many
as five times before the pest
was conquered.
Reports are coming in of places
where the dead "hoppers" can be
scooped up by the handfulls.
However, the work is not yet fin
ished as there will be nests of
the hoppers that have been over
looked in the first fight, that
when they are mature will be
found feeding in the grain fields
mornings and evenings and con-
gregating on bare places in pas
lures and roads and waste places
during the heat of the day for
eggs. These breeding grounds
should be watched for and sup
piled with the poison bait every
few days. In this way next years
crop of choppers" can be literal
ly "nipped in the bud"
This article would not be COM
plete without word of COM
mendation of the splendid CO.
operation of the formers of the
county in their united efford to
eradicate this pest and of the CO.
operation of the merchants who
furnished materials at the bare
cost of handling. The writer
knows of merchants outside the
county who charged from fifty
to eighty cents per pound for
arsenic and sixty to seventy
five cents per dozen for lemons
because the demand was strong.
'-NeZperce Herald.
Cottonwood chronicle. [volume] (Cottonwood, Idaho) 1917-current, 1919-07-11
MILLING COMPANY
ELECTS OFFICERS
Expect to Run Mill Day and
Night as Soon as New Ma
chinery is Installed

The annual meeting of the
stockholders of the Cottonwood
Milling & Elevator company was
held in the X. of G. hall Tuesday
at which time all members of the
old board of directors and Off
GERS were reelected by acclama-
ton, which are as follows: J.
F. Jenny, president; Jos. Uhlen-
kott, vice-president; John Mey-
er, secretary-treasurer and man.
ager; J. F. Jenny, Jos. Uhlen-
kott, J. B. Krieger, Geo. ]. Ter
haar and John Hoene, directors.
At the meeting many things
concerning the company were
taken up and discussed by the
stockholders who were practi-
cally all present.
The Cottonwood Milling Co. is
the largest concern of it's kind
on either Camas or Nezperce
prairie and is one of the heaviest
taxpayers in the county.
Z The company has made excel
lent progress the past year hav-
ing made many improvements
and at the present time are en-
gagged in installing machinery
chat will enable them to turn out
200 barrels of flour a day and as
soon as the machinery has all
been properly put in place and
tested will run the mill day and
night which will be perhaps in
the next two or three weeks.
Cottonwood chronicle. [volume] (Cottonwood, Idaho) 1917-current, 1919-07-11
MANY ATTEND PICNIC.

A large number of paTishio1-
ers of the local Catholic church,
as well as a number of their
friends attended the picnic given
by the Catholic church of Cotton
wood at the picnic ground locat-
ed near the monestary, July 4th.
Some $50 persons were present
to take part in the various
games that were indulged in by
the happy crowd on Indepen-
dence day. At noon elegant lun-
cheons were spread by the peo-
pies who had come to spend the
day beneath the shade of the
pine trees to which all did ample
justice. After the noon lun-
cheon various contests were
staged which consisted of foot
racing for men, boys and girls
and various other games. In
the afternoon Bishop German of
Boise was also present for a few
hours.
Owing to the arrangements of
the picnic not having been gen.
orally known by a large number
the attendance was somewhat
less than last year. Many who
returned from celebrations at
other points expressed their re-
gret in not having been inform
ed of the doings near the mones-
tary. Everyone present at the
picnic reported having had an
excellent time.
Cottonwood chronicle. [volume] (Cottonwood, Idaho) 1917-current, 1919-07-11
PAYMENTS DUE.

The second payment on the
fifth Victory Liberty loan bonds
is due July Is and attention is
called to the fact that the 10 per
cent payment should be made
through the bank where the orr
ginal subscription was placed on
or before that date. By the gov
ernment plan of payment by in
stallments subscribers are OBJ
liged to pay off their subscrip-
tions as follows:
May 10, 10 per cent.
July Is, 10 per cent.
August IL, 20 per cent.
September 9, 20 per cent.
October 27, 20 per cent.
November II, 20 per cent.
Cottonwood chronicle. [volume] (Cottonwood, Idaho) 1917-current, 1919-07-11
MOVES GETS VOUCHER

Fred Noyes of Grangeville, a
veteran of the Nezperce Indian
war of 1877, on Monday receiv-
ed from the bureau of pensions,
at Washington, voucher for $54O
back pension dating from March
A, 1917 to date. Mr.. Noyes fill
ed in the voucher, and returned
it to Washington. He expects
a warrant covering the pension
within few weeks.
So far as is known, Mr.. Noyes
is the first of the Indian war
veterans in Idaho county to re-
ceive voucher for penison
money. The law granting pen
sions to veterans of Indian wars
became effective March 4, 1917,
but difficulty is being exper-
fenced by many veterans of the
war in obtaining recognition of
their services by authorities at
Washington.
Names of many of the veter-
ans are not on the rolls al Wash
ington, and for that reason they
so far have been disappointed in
the matter of procuring pension
money. The name of Mr.. Moves,
however, is on the roster, he has
been advised, and henceforth he
will receive a pension of 500 a
month from the government.
Pension for service in Indian
wars is paid only after the vet
eran has passed the age of 62
years.-Free Press, Grangevlle.
Cottonwood chronicle. [volume] (Cottonwood, Idaho) 1917-current, 1919-07-11
HERE FROM EAST.

R. F. Lusse and wife arrived
last week from their home in
Philadelphia, Pa, to spend two
weeks at the home of Mr.. and
Mrs. John F. Nuxoll of the
Greencreek section. Mr.. Lusse is
a nephew of Mrs. Nuxoll. Mr..
and Mrs Lusse are on their
honeymoon trip from the east
and this is their first visit to
this part of the west. While in
Cottonwood last week he stated
that he was favorably impressed
with this section and might some
day locate here. On their long
journey homeward they expect
to return by the way of
Canada.
Cottonwood chronicle. [volume] (Cottonwood, Idaho) 1917-current, 1919-07-11
COTTONWOOD
WILL PAVE
Intention of the City Fathers to
Have Same Completed
This Fall.

Without question of doubt,
Cottonwood will pave her main
streets if present plans of the
city council are carried out. At
the regular meeting of the coun-
Gil held last night in the council
rooms, at which meeting all
members of the board were pres
ent with the exception of Coun-
Gilman G. F. Mckinney who was
out of the city on business, all
were heartily in favor of the
pavement.
Engineer Fred Erskine who
has been surveying for the new
improvements was also present
and gave the council such infor-
nation as they desired at this
time.
Owing to the original plans of
the council having been changed
from macadamized streets to
pavement, and on the advise of
their attorney the legal proce-
dure will all be gone over with
in order that no legal question
may come up to hamper the
work which might easily have
been brought up if the council
proceeded to pave in the inn
provement district under the old
ordinances which called for
macadamized streets.
According to the present plans
of the council it is their inten-
ton to start the pavement
a short distance beyond the
Cottonwood Cooperative cream
cry to the St. Albert's brewery
on Main street; from the Turner
drug store corner to the depot
and from the Simon Bros. meat
market up King street to the
corner of DR.. Orr residence. The
remainder Of the streets leading
to the pavement will be maca-
damized.
The necessary legal procedure
will be pushed as rapidly as pos
sible and work on the streets
will no doubt be in progress
within a very short time.
The council also attended to
the regular business coming up
before the meeting.
Cottonwood chronicle. [volume] (Cottonwood, Idaho) 1917-current, 1919-07-11
WIN LAST GAME OF SEASON
nO- VOllmer Must Play POstpOn-
ed Game With Grangeville.
Final Standing of Clubs.
Results of Games Sunday.

Results of Games Sunday.
Cottonwood IL, Ferdinand 5.
Nezperce Z, Kamiah a.
Game postponed between Ilo-
Vollmer and Grangeville.
Cottonwood won it's last game
of the season on the local
grounds by a score of IL to 5
from Ferdinand, closing the sea-
son for 1919.
The game between Ilo-Vollmer
and Grangeville which was to
have been played at Grangeville
was postponed on account of
most of the Grangeville boys
having been at Moscow where
they attended the celebration.
Owing to this game being pos
poned it will have to be played
to decide the winners for the
Prairie League. 1t is a fairly
safe bet to presume that Ilo-
Vollmer will win the final game
against Grangeville which will
tie Ilo-Vollmer for the honor
of the Prairie League with
Kamiah.
Nezperce defeated Kamiah on
her home grounds last Sunday
by a score of 7 to 4. 1t is stated
that this is the first game the
Indians have lost on their home
grounds for five years.
According to the tabulated
score above Kamiah is the only
team in the league that has
played it's full number of 10
games Ilo-Vollmer has played
9, Nezperce 9, Cottonwood 8,
Grangeville 9, Ferdinand 9.
When the final games are to
be played to decide the winners
has not yet been given out.
Cottonwood chronicle. [volume] (Cottonwood, Idaho) 1917-current, 1919-07-11
MAY BE CONVERTED.

The War Loan Organization
of the Twelfth Federal Reserve
District has just been advised
that hereafter War Savings
Stamps may be converted into
Savings Certificates of $1O0 and
$1,000 denominations according
to a new plan of the Savings Di-
vision of the u. S. Treasury De-
partment to afford greater con-
venience in handling War Saw
ings Securities.
The development of the War
Savings idea is one that has been
urged for some time in order to
attract larger investments. The
holder of a sufficient number of
Thrift Stamps may now ex-
change them for SIS War Say
ing Stamp and in turn the holder.
of twenty of the SIS War Savings
may convert them into a $100
Savings certificate or the holder
of two hundred of the SIS stamps
may turn them in for a $1,000
Savings Certificate.
Conversion may be made at all
first and second class postoffices
and at all banks and trust COM
panies that have qualified as
agents of the second class. The
Treasury Savings Certificates
are to be issued in registered
form and will bear the names of
the owners. They will yield four
per cent compounded quarterly
as do the War Savings Stamps.
The limit of the individual in
vestment still remains at $1,000.
The new Treasury Savings
Certificates should prove parti-
cularly attractive for the invest
ment of the funds of fraternal
societies, labor unions and reli-
gious organizations because the
interest is added to the principal
automatically each quarter, the
entire amount being payable at
maturity.