Show e increase in bank deposits in in this since city January Jan Jan- uary 1 oral and enormous increases in ill II building g permits for new dwellings and homes shoW that Salt Lake is is enjoying great prosperity Natural re ref resources re- re f sources freedom from I cator legislation and loyalty to homo home products such aa as d 1 K 1 Fisher Beer Beer i have nil all helped to bring about tins tills desirable condition Salt 1 Lake makes a better showing c than any of the large cities cities' in Oregon Washington on Idaho Idah or Colorado where unwise legislation legisla legisla- lion Hon is causing great sums to tobe be be- daily aily sent beyond the tho sta state ta i S for strong strong liquors to replace the mild beers formerly former former- 1 I ly pro produced in home pl plants ams b bj y hOIn bomo workmen A. A Fisher Brewing Co o Xh i II m IN LEE eRE BEER DEE 4 a 4 t 1 e I I i. i j v. v I 11 J r 0 United Kingdom of Great Britain reland andl-reland- and Ireland I IJ J 1 J f I I S SECURED LOAN GOLD NOTES r 1 o Dated ted Nov November beT i 1 1916 Interest and Payable May 1 and Nove November b r 1 l. i ix x i T Year Three Notes Due November 1 1919 l f Five Year Five Y Year ear Notes Due November 1 1921 I 4 v I. I J. J I 1 It t t 1 I f t 1 I j nIR Cr OBLIGATIONS OF 01 THE rUE GOYEn GOVERNMENT T. T i 1 I 1 r j J j 3 K i P Pr Principal pal a and d interest payable i in United States gold coin at at the office o of J. J P. P M Morgan gan c Co or at the option of the the holder holder in London on in iri ri sterling at t the e fixed r r rate te of a to the pound Principal and interest payable aY without deduction r for r any British taxes present o of 01 a future 1 r f 1 r r i Coupon Notes of 01 1000 and j. j t tr I i 4 t. t Redeemable at the option of the government in whole hole or in part on thirty 30 days days' notice as follows w t j l I Rr r F r f. f r J. 1 f s i i r. r Three Year Three Year Notes t Year rive Notes t i 4 t C Prom From November 1 1916 to October 31 1917 inclusive and d interest i t and d interest est I lY 1 From Prom November 1 1917 to October 31 1918 inclusive Prom From November 1 1918 to to October 31 1919 inclusive f c. c tI 1 J.- J. v From From November 1 1919 to October 31 1920 inclusive t t tf J 1 i ve f rL t. t 10 j r t r From November 1 1920 to October 31 1921 inclusive Prom r s' s se I e I 7 To be secured by pledge with Guaranty Trust Trost Company of New York under a a. pledge agreement executed by the government of securities approved ed by J. J Co of an aggregate value of not less than calculated on the basis of then then prevailing market prices sterling securities being valued in dollars at the prevailing rate of exchange viz Group 1 Stocks t Stocks bonds i nail or fir other securities of or American corporations including the Canadian Pacific t nr company and ond bonds and or other obligations obligation either ns n maker or guarantor of ot the government government gov JO of the Dominion of Canada the colon colony of Newfoundland t nod ami or provinces province of the Dominion of Canada nut and or Canadian O municipalities nJ aggregate value not nut h less lei II than thun J f Of the foregoing there will kill he be oin over n In value nIne of or securities of ot cor- cor 7 I i f i f y por of oC the United und and of the ice Canadian I n company j J t 1 Group Bonds 3 2 and ond or other obligation either TIN n maker or guarantor of ot any or all nU of 01 the several tol- tol fr T. T t c lowing governments to wit Commonwealth Common of ot Union Unon of South Africa Xe Neer e v Zealand Ar- Ar tJ j a I 0 Chile Cuba Culm Japan l g and India and or value In hon bonds or l' l 1 i other of ot paying dividend InK U railway s j n aggregate T value lue not lc less than thau 4 t Total ro t 01 t. t Pending the arrival and deposit of or definitive securities as above abc ab c the b government is to deposit temporarily with the thc trust t company y either cither New York Stock collateral cash approved Exchange or r i t If the pledged securities depreciate in in value the tho government is is to deposit additional securities to maintain the 20 per cent margin r. r tL The government is to reserve the thc right from time to time to sell for cash any of tho the pledged securities the proceeds of sale Salo to be I. I applied to the retirement of notes by purchase or by redemption by lot F t Upon the retirement of the year three ear notes a proportionate amount of the collateral may be withdrawn withdraw approximately ratably from each class f g 1 ho hc government go also Ge time to time ny make make 5 substitutions of or securities but such such substitutions are not to vats vary the then relative e t 1 amounts in value valne of the groups ps All substitutions withdrawals and antl valuations o of securities are to be approved ed by J J. J P P. P Morg Morgan lI g n Co i i 1 r V c. c i 7 t I I. I L r 1 tr r J fR 11 This offering is made subject to the approval by our counsel of necessary formalities c I j 9 7 1 4 J WE OFFER THE ABOVE NOTES FOR SUBSCRIPTION AS FOLLOWS I The Year Three-Year Notes at 99 and Interest Yielding Yielding- Over Per Cent t The Five Year Five Year Notes at 98 a and Interest Yielding Yielding- about Per Cent Centi oJ I f 1 i t Ii 7 r Subscription books will be ho opened at the thc office of f J J. J P. P Morgan Co at 10 o'clock a a. a m. m Oct October ber 1916 a and d will be closed at V j I i k 10 10 O 0 o'clock clock a a. a m m. November r 8 1916 or earlier in their discretion J f j r I It t r t f v. v 4 I. I I t. t l I r 1 I f 44 THE TIIE RIGHT HIGHT JS IS RESERVED t D T TO 10 tO REJECT ANY AND ALL APPLICATIONS AND ALSO IN T TANY ANY NY EVENT TO AWARD W A r S SMALLER AMOUNT THAN THAL APPLIED FOR Ion I I 1 t t i f AMOUNTS T DUE DUL ON 2 ALLOl ALLOTMENTS 15 WILL BE DE PAYABLE AT TIlE THE O OFFICE OF J J. J P. P MOR MORGAN G AN t CO IN 1 NEW V YORK FUNDS 1 t T TO THEIR ORDER AND THE DA DATE DAE LE OF OP PAYMENT WILL VILL BE BL GIVEN IN THE rIlE NOTICE O OF Oh ALLOTMENT 4 1 J certificates will rill he be dell delivered cred pending ending the tho engraving o of oCtile the l definitive notes note r c i J 1 J J. J P P. P MORGAN CO BANK t NATIONAL CITY FIRST NATIONAL COMPANY r New ew York City r l BANK 7 7 Nes eTT York fork City J HARRIS TRUST SAVINGS BANK ii 4 11 r. r Chicago BROWN BROTHERS CO tl X- X it WM A. A READ CO J J. J W. W SELIGMAN COER CO f KIDDER ER PEABODY CO 7 LEE HIGGINS HIGGINSON ON CO 00 LAZARD FRERES r t J j. j WHITE WELD CO 00 KISSEL KINNICUTT CO 41 GUARANTY TRUST COMPANY OF NEW YORK BANKERS TRUST T COMPANY N FARMERS LOAN TRUST COMPANY t x New York orl City New Ne York CIt City CENTRAL TRUST COMPANY OF ILLINOIS HALSEY STUART CO COt j Chicago Chicago CONTINENTAL AND COMMERCIAL TRUST AND SAVINGS BANK Chicago MARINE NATIONAL BANK UNION T TRUST COMPANY I BANK Autistic FIRST OLD DETROIT NATIONAL BANK fE I tt sn o- o i f Detroit a 1 Now York October 30 1916 1013 3 J JV i f V 0 |