Show I Liberty Roads Bonds Are Good Buys By Ira C. C Tichenor Tichenor- A was called a few days ago in the jV ATTENTION of The Telegram to the action of the government through the th w vr r finance commission in buying back some of its issues using fOIth foi fo th this s purpose the sinking fund created with this prospective object t 1 The result o ot this buying together with a material Improvement In ft financial conditions and especially with reference to the government governments financial operations was an advance In the price of government bonds to to-a to point in iii one Instance slightly above par 2 The article alluded to was intended to show to what extent the subscribers to Liberty bonds and who later had dumped them on the market ha hal l been the losers by not holding onto their securities which often otten h have hav vE vEbe be been n declared to be the best and safest In existence c There are always two sides to every story and the other side in this l instance tance Is the foresightedness of t those ose who so willingly and readily r absorbed all the offerings of Liberty bonds at reductions of ot from 4 to 8 S pcr per pir and which together with the interest made a a. handsome investment investment At tho the alluring prices at which the bonds originally were placed on th the market those who had been subscribers had the opportunity to make a ag I. I g good god d average on bonds purchased at 0 This average however constantly Is growing less and the passing il 1 f ea each h day means a loss of market Although there are outstanding abo about abou t t of the various Liberty and Victory loans it requires only only III small quantity to make a market as shown by the fact tact that the record record i trading ding in inv v government bonds on the New York stock exchange for one da day was only slightly above while the average daily transactions ar are are S considerably less 1 1 Even now the percentage of ot gain on one ot of th the Issues Is nearly 14 pe pei r cent ent but It Is confidently expected that this alluring figure will be of ot very ver very short duration While It Is a good thing to to hold government bonds It is also an ax ani 1 ei exceedingly i good thing to buy them |