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Show Bond Sales Announced For Grand Grand County Savings Bonds Chairman Robert A. Dalton Manager First Security Bank of Utah at Moab, reported that now, more than ever before, be-fore, it pays to hold onto your Savings Bonds. All Series E and H Savings Iionds purchased on or after December 1 will now earn 6 per cent when held to maturity; the previous pre-vious rate was 5.5 percent. per-cent. Chairman Dalton said, "the new 6-percent rate applies both to Bonds purchased on and after December 1, 1973, and to those bought before that date and still outstanding. out-standing. So, there is no reason to redeem any Bonds to benefit from the ralp inr rpa sp Further, he stated, "Savings Bonds are the ideal vehicle for helping ourselves & the country. As Treasury Secretary Schultz says, they are a 'cornerstone of our debt - management program.' pro-gram.' And, of course, the Savings Bonds dollars dol-lars help the federal government gov-ernment to finance housing, hous-ing, highways, education, and other programs and projects to improve our lifestyle." Twenty - three million Americans presently holding more than S60 billion in Savings Bonds and Freedom Shares (Savings Notes) will receive re-ceive an additional 12 percent return on their present Bonds. No action on the part of Bond holders hold-ers is necessary to take advantage of the higher rate. Further, the chairman added, county residents should contact their employers em-ployers or their banks, to take advantage of the improved rate by increasing in-creasing their Payroll Savings or Bond-A-. Month participation. |