Show I L- L Liberty Bond Status I 1 ORIGINAL investors in Liberty bonds who have retained possession possession pos pos- possession session of their purchases for patriotic or purely business r reasons ons or both doubtless feel discouraged because of the recent poor market condition for bonds There is every reason to believe however that such a condition resulted from the speculative bubble which broke in inWall Wall Walt street last November and left many lambs b bereft reft of their i p fleece fleece Not only were large amounts of Liberty bonds put up as security lost to their original owners owners' wh when n the crash came but still other large amounts lat later r were hypothecated In order to straighten out accounts oj The The natural result was that hat the bond market was was flooded with bonds of various various' descriptions and with a consequent disruption in prices The good news now is received that steps are being taken to divorce Liberty bonds from artificial l support by gradually forcing this collateral out of bank loans and leaving leaving- the he bond market to reflect legitimate investment demands In addition the financial campaign now on to discourage the borrowing of money for anything but essentials is expected to I turn the attention of the investing public back to the bond market In Inthe the meantime the government continues to make a handsome profit by buying its own bonds at reduced prices Taking everything into consideration it is confidently believed believed believed be be- that the turning point has been reached in all alI classes of Liberty bonds and Victory notes and that good profits will be I realized realize by those who continue to hold these securities whose soundness is not exceeded form by any other of investment on earth rth fl |