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Show IU. S. Savings Bond Sales Exceed 92 Million in June "For the fifth consecutive month, Utah residents invested invest-ed more than $2 million in U. S. Savings Bonds and Free-dam Free-dam Shares," State Savings Bonds Director Kathleen Mei-kle Mei-kle said today when releasing local sales results to state and county bond volunteers. "The state's May sale of Bonds and Shales totaled $2,-' 225,617, and for the 5-month period of 1908 reached $11,-271,000," $11,-271,000," Director Meiklo sta-' ted. "This reflects an increase of $230,000 above last year's sales and sets another post-i World War II record." . In a recent visit to Cedar City, State Director Meikle met with county bond chairman, Francis W. Betenson, manager manag-er of First Security Bank of Utah; Lyman F. Smart of the College of Southern Utah, who 'leads volunteer bond activi-'ies activi-'ies in Region 4, and other I business and civic leaders. Mr. I Meikle pointed out that while I Jtah's sales of Bonds and Freedom Shares are exceeding last records, as of May, the state had reached only 38 of its record-high quota of 529.5 mililon. The need for increased promotional pro-motional activity within the area was noted by the fact that Iron County's residents must invest some $65,000 in Savings Bonds and Shares before be-fore the end of the year, to meet' its increased quota of $100,000 and thus help the state to achieve its goals. Director Meikle predicted "an even broader investment" when the public becomes more aware of the improved interest inter-est terms that became effective effect-ive June 1 a jump to 4.25 for Series E and H Bonds, plus a hike to 5 for Freedom Share, when held to their respective re-spective maturities. She pointed point-ed out that the 5 Freedom Shares can now be purchased "over the counter", along with a like investment in Series E Bonds, as well as through the automatic savings plan. |