Show DIRECT SALES CUT EXPENSE Taxpayers Save by Buying City Bonds Direct From Treasurer Taxpayers of Salt Lake have saved themselves about by purchasing tax anticipation bonds direct through the he cit city treasurers treasurer's office it was learned Friday at the treasury Bonds sold across Treasurer J. J Parley Parley Par Par- ley Icy Whites White's counter at the city cily and county building have totaled It t costs about per to sell the he same bonds through the city's fiscal agents and local financial con con- cerns A total of worth of the 6 per cent tax bonds exclusive of the initial block of have been sold locally through brokers and the treasurers treasurer's office Mayor Louis Marcus Marcus Marcus Mar Mar- cus said the city plans to sell only about more of the tax bonds and retain the remainder of the 1 issue until a later date The initial sales of or worth of the bonds to local banks and worth of the same issue to the National City company left of the bonds on the city's hands It was WilS then decided to lo break up the large certificates into small denominations of and 1000 and sell them direct to citizens and taxpayers ers thus ihus making the citizens bona fide ride stockholders stockholders stockholders stock stock- holders in their own cor car |