Show I February Bond Sales 2906 I Purchase of ot S Series E and 11 It Sav Saw Savings ings Bonds Donds In Grand county for Cor forthe the month of February were 2006 2900 2906 2 according to Edd E. E sha county bond chairman bringIng bringing bring bring- ing the total for the first two months of 1957 to 1914 or 89 per cent of the county's quota I Total purchases In Utah were during February It was announced by Mr Frederick P Champ State Savings Bonds Donds Chairman making sales so far I this year 77 per cent ahead head of of the same period last year I I As soon as approved by Congress Congress Con Con- gress and the President the Treasury Treasury Trea Trea- I sury plans to raise the Interest rate to 34 4 per cent compound r annually semi and all all bonds I Is Is- Is sued from February l 1 lon on win will automatically carry this Increased interest rate The bonds will mature mature mature ma ma- ture 8 years and 11 months with redemption values Increased to a point where 3 per cent will be earned by the third year Mr Champ said Clem S S. S Schramm State Director Director DIrector Dir DIr- ector reported that 12 counties had exceeded the state average av in percentage of quota attained so far They are arc Uintah percent per percent percent cent Emery Sevier Kane 28 Duchesne WashIngton Washington Washington Wash Wash- ington Davis Wasatch Morgan Juab Summit and Tooele per cent |