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Show THE SALT LAKE TIMES FRIDAY, FEBRUARY 24, 1961 Page Three Savings Bond Mark 20th Anniversary "The 20th year of the U. S. Savings Bond success story is be-ing observed during 1961," Salt Lake county savings bonds chair-man Frank Wardlaw said this, week. "During the first month of the year long observance sales of Series E and H savings bonds in this county amounted to $755,-64- 1, he said, or "9.5 per cent of the county's 1961 sales goal." Overall state sales totaled $1,-698,4- 65 during January up more than a quarter million over De-cember, it was announced by Frederick P. Champ, state bonds chairman. "During the past 20 years this program has not only played an important role in fed-eral financing, but it has become one of America's greatest savings institutions. Today, individual citizens hold more than $43 mil-lion in savings bonds, an im pressive backlog of future pur-chasing power for the American citizen," he said. Mr. Champ pointed out that nationally the trend of increased sales and lower redemptions continued, that according to the Treasury figures the January in-crease of $141 million in the cash value of E and H bonds outstand-ing was the largest recorded since March, 1956. It has also been announced by the Treasury Department that William H. Neal at the request of Secretary Douglas Dillon, has agreed to continue as national director of the U. S. Savings Bonds Division. Secretary Dillon emphasized that the savings bonds program plays a basic role in the administration of public debt and affords an opportunity for every American citizen to participate directly in the sound management of the nation's fi-nances. EXCEPTIONAL OPPORTUNITY Reliable man or woman from this area to distribute complete line of cigarettes, candy, nuts, or gum through new automatic ven-dors. No selling, we will estab-lish accounts for you. To qualify, party must have car, references, and cash capital of $900, which is secured by inventory. Excel-lent earnings part time Full time more. For personal inter-view give phone, etc. Write P.O. Box 156, Rochester, Minnesota. (2-2- 4) 1 ME WAY 1 I nnfJQnn What might be called a one-wa- y in Utah. This program is part of a I" J Q 1 street s the makn at Kennecott's vast, continuing effort at Kennecott UU J UU LJ y Utah Smelter. It is actually an exten- - to meet the problem of producing n sive conveyor belt system designed copper and selling it profitably in a CxJSftCC nnnn1 t0 Prove operations at the smelter, highly competitive market, vs I Jjj If (11 The belts will always move in one Figuratively speaking, when the ULI II DD UOOO UU U U direction. But, by contributing to copper is sold, the new traffic pattern successful copper production, they develops. A return trip gets under P)f!nr nnrfcrmn w e Part of an ppse move-- way I l0n fl ment-t- he return ofbenefits to Utah. Dollars come back to Utah to LI UU UU W The conveyor system is the first develop the improvements that help big step in a multi-millio- n dollar maintain successful copper produc- - Pinrftftnr improvement program needed to tion. And successful copper produc-- 1 1 Irl I niflfr modernize the 55-year-- old smelter as tion results in benefits that flow into UUwuLIIJw a link in the copper production cycle the lifeblood of our state's economy. toMim PROUD TO BE PART OF A GROWING UTAH . i. . |