The Nevada County picayune., 1919-08-07
JINGLE SAM $ NEW CERTIFICATES ARE
 GOOD Il. LOOK Al
THEY ARE NOW AVAILABLE IN stoo AND st.oon OENOMl-
 NATIONS.
REGIONAL BANK SUPPLIES
Terms and Conditions Appear On Face and They Are Exceed
 ineiy Liquid.


 ing office in Washington, and repos- ing in the vaults of the Federal Re serve Bank in St Louis, are millions of dollars worth of the latest securi- tics issued by the United States Gov ernment for circulation among patri- otic and thrifty citizens of Missouri, Arkansas and Kentucky.
 Government bonds are not the nov city they once were. The war saw to 1t that the people of America as well as European countries were educated along these lines The Liberty Bonds were introduced into many institu- tions and households. and millions of people who never saw a Government Bond prior to the var now reckon that little piece Of registered or eoGpoaad paper as one of their most cherished possessions.
 But this new issue of Uncle sam is the most unique and readily ab- sorbed security of all It is the out growth of the War Savings Campaign, and bids fair to have even wider cir culation and greater popularity than even the Liberty Bonds. The tnstru- ment itself. issued in two denomina- tions of $1. 900 and $100 are splendid specimens of the engraver's art.
 While in many respects tsa new certificates are simply Savings Stamps of greatly enlarged value. they take on the physical beauty of Uncle Sans s most solemn promise to pay. The thousand dollar certificate is "A inches wide by inches deep, and is printed on that specially prepared and almost uncounterfeitable paper that in itself breathes confidence The back ground Is the giant and of Liberty Enlightening the World, and the ray from the great torch flares
 rth to each extremity of the paper The border is neat and artistic and the wording is plainly engraved. The printing Is in rich brown ink.
 The smaller new security. the 500 certificate, is the exact counterpart of the larger S1,000 certificate. save in the amount and the further fact that the printing is in blue ink.
 The demand for these new issues was such that the Treasury Depart ment could not ignore 1t. Many per sons who realized the advantages of the War Savings Stampe wanted to avoid the necessity of buying the small stamps and sticking them ts the cards issued by the Government. The bulk of $1, 1,oo0 in s6 starnps, too. were consid srs cd an inconvenience by many
 Now one may buy either the slo0 or the s1. 900 certificate. paying the price fixed by the Government for this month, namely. sS36 for the latter In August the price will be sS3S, and will increase 32 each month. The 3l00 certificate may bs bought this month for SS3 50 while in August the cost will be SS380 and iacreases in cost 20 cents month. Each security reaches maturity on January 1. 1924
 Those who hold the securities of the old and smaller denominations may exchange them for the new In order to get S100 certificate the applicant nlust submit 20 completely filled out s War Savings Certificates. For the $l 900 certificate il will take ten times as many The unregistered certificate may be exchanged through any bank that Is authorized to sell War Savings Certificates The registered one. of course. must be redeemed through the post office department The interest rate, az well as all other provisions tI the new securities Is i'd tntical with that of the familiar War Savings Stamps four per cent interest com. pounded quarterly The redemption privilege. too. is the same If the holder must realize on his investment he may obtain cash for the same by giving ten days notic, and surrender ing the same through the Treasury Department If not carried to ma turity the certificate bears interest at the rate of per cent.
 The law provides that the certifi- cates are not negotiable. and plainly printed on the face. in large capitals, gre the words. Not transferable"
 There can be no shrinaage in value of this form oi security. If after car rving fl for year and then necessity compels disposing of the same, the holder will receive the full amount paid plus 5 per cent. If. however. he holds 1t to maturity 1t draws four per cent compounded quarterly. which h exactly IA per cent.
 As far as security is concerned. the total wealth of the United States ts behind 1t. and 1t is as secure as the ration itself