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Show SAVINGS BOND SALESGAIN HIGH Utah created an enviable record re-cord in the sale of U. S. Savings bonds during January, II. C. Shoemaker, vice chairman of the Utah committee announced. Total To-tal "E" bond sales for the stato showed a gain of 38 per cent over ov-er January of 1948, while redemptions redem-ptions decreased 14 per cent. The total bond sales for Salt Lake county were announced by Mr. Shoemaker as $1,309,314. The state report for January 3949 showed a total sale of all savings bonds of $2,026,949 as against $1,610,606 in January 1948. In E bonds, the public favorite, fav-orite, $1,231,139 were sold in January of 1949 compared to $889,553 i nJanuary of 1948. "For this fine record to start the year," declared Clem Schram, Utah director for the savings bonds division of the U. S. Treasury, Trea-sury, "we are deeply indebted to the banks of the state, who are servicing the public with these bonds without charge or fee. The wonderful cooperation of our county chairmen, who are also serving without pay, has furnished a great stimulus to the rale. The fact that the investment invest-ment is sound in times when there is an upset condition in the security market, has, of course, contributed no little." |