Newark leader. ([Newark, Ohio]) 1917-1946, 1920-01-16
ANOTHER RECORD
SET BY OHIOANS
End Of 1919 Finds Buckeye
State Again Champion
War Stamp State.
PLAN AHEAD NOW FOR 1920

Sale Of Government Securities to Be
Pushed With More Vioor Than Ever.
Treasury Department Emphasizes
Value of Savings MoVement-Ohio-
ans Have Purchased More Than
$4,000, 900 Worth of Savings Sc
curities-Statewide Savings Organ
zation to Be Kept Intact Through
1920.
Columbus, O.-(SpecialD-For the
second time in two years Ohio breezed
under the wire, as 1919 expired, an
easy winner in the nations War Sav-
ings race All other states were out
distanced even farther in 1919 than
III 1918, when Ohio first gained the
title of Champion War Savings
State" War Savings officials in the
Buckeye state, however, not content
with past honors. early in January
will begin a push destined to put
OulO III the iedu lOI 1oGo. lhiS Ho"
are in force to have Ohio postmasters
sell at least $4,000, 900 worth of Saw
ings securities during the month of
January, 1920.
Ohio's total sales for 1919 were ap-
preached closest by New York state
Illinois was third, fourth place going
to Pennsylvania
Saved In Small Amounts.
Ohioans now have purchased more
than $135000, ,000 worth Of War Sav
ings certificates. This means that $2G
worth Of Savings securities were sold
for every one of the 5000 900 people
in the state Much of this money was
saved in sums as small as rs cents,
and a big portion OF it represents
funds that heretofore have been
wasted So valuable has this saving
habit proven that the United States
treasury department has decided to
put greater emphasis than ever on the
savings movement during 1920 II
line with this policy, during the latter
part of January, a week of thrift days
has been arranged to bring to the at
tention Of the people the vital neces-
sity for systematic saving.
Sales Show Increase.
Increase in sales of War Savings
Stamps during the latter half OF 1919
over the first half is ample evidence
OF the increasing popularity Of gov.
ernment savings securities. In order
to maintain the wonderful distribu.
ton of savings securities in Ohio, the
War Savings organization which func.
toned so effectively in 1919 will be
kept intact throughout 1920. The
public spirited men behind the War
Savings movement in all communities
were quick to visualize the need for
a savings system and the benefits to
communities blessed with a popula-
tion educated to save.
Very Few Changes.
The 1920 securities will be substan.
TALLY the same in terms and condi.
tions as those of the 1919 issue, but
alterations have been made in the
forms. A change has also been made
in the terms Of the 1920 treasury saw
ings certificates s compared with the
1919 issues, in that the 1920 certifi-
Gates are redeemable at the treasury,
beginning with the second calendar
month after the month OF purchase,
without the 10 days demand required
by the terms of the 1919 treasury
savings certificates. Postoffices are
not required. however. to make pay
ment Of war savings certificates until
10 days after receiving written de-
mand for payment.
May Be Transferred.
Holders Of one or more war savings
certificates Of the 1918 or 1919 issue
may exchange the certificates for the
same maturity value Of treasury Ger.
tifcates of the corresponding issue
In the matter Of ownership the reg
ulations provide in effect that the
treasury savings certificates taken in
exchange may be made out in favor
of new and different owners, If the
owners Of the war savings certificates
so request.