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Show The Future of Liberty Bonds New York dispatches carry the information that on Wednesday Wednes-day of this week Liberty bonds of the fourth issue reached a new low level on. the stock exchange, selling for $95. In other words, some people, who- a few weeks ago paid $100 for their bonds, are now selling them at a loss of $5. Behind this there is, an evidence of real patriotism, for it is quite reasonable to presume that many of those, who are now sacrificing their bonds, knew at the time when they made the purchase in answer to the government's appeal that' they would have to sell, and probably at a loss. They preferred, pre-ferred, however, to give -the government $100 and lose 85, or $200 and lose $to, than not to give at all. v However, the sacrific should not be made if there can be . found a way- to avoid it. The bonds bear a reasonable rate of - interest, they represent the finest security in the world and within a few years they will be selling above par, one financial expert predicting pre-dicting they will go as hi&h as $115. The government itself has bought back a great number of bonds. Secretary. McAdoo making r one purchase of $244,000 when the bonds were at $96 and thus making a considerable profit for the treasury. It is to be expected, although to be. regretted, that many of the small bondholders will dispose of their bonds and they will gradually come more and more into the possession of bankers and j capitalists. The bondholder, however, who hangs on to his Liberty j 4 '4 s will never regret itr for they will always hr th,- iift in. ' vestment possible and they will steadily advance in price. j |