Show LIBERTY LIBER DT I 1 Y BONDS AT PAR WHEN MATURED sa ban jan jon 5 dally daily quo batione on bonds which at i res re ent show them below I 1 ar have nothing to do wit biti the maturity value of the bonds and are of no interest to the or dmary bondholder governor john 11 calel calkins of tho the san Ira 1 franesco ranc nesco laco federal reserve bank declared liere here today tho th states will redeem every liberty bond at its nia turley date at face value plus accrual accrue 1 interest P the reason eason for the decline in the price of the government Rovern ment securities is that peculator speculators anxious to win bigl higi er returns on n riskier investments hava have thrown their liberty b bonds 0 on the mat mar lift ket while a cr s wl 0 in some me have found difficulty in con com 11 ting payments have let go of larra largo block 1 of 0 thep the bonds the dally daily quota eions en on liberty boals boa I 1 reflect the at diun tiun of these forces which fix tri market arket valie market alues however havo nothing i thing whatever to do with mil real vale values a tie san bait francisco Iran cisco chronicle in tho 1 Iia aung liti article on its financial rage inge recently sail it is well known tint largo large an amonte of liber libertyn were offered offe reil As colla collateral teral for accounts by speculators many of tl ti ese ace v riso were fored forced to liquidate their collator ala als fin 1 tie tic recent break in the marjii it 1 TI the e 0 exchange of liberty bond bonds lot for wildcat stocks line has taken place on so great a ecale scale as ta to cause tho thousands of I 1 complaint complaints to the authorities it ia is eafe safe to say that the perene persons receiving these alic aie bonds have god sold them athe the ins custom of exchange in gift gifts ingv to some extent be called a contributing factor neer were prices ai a high a As a neer neet wai was the le de eire sire to asaf expensive gifts onoro p prevalent e valent I 1 people reason with abea arl belaf e v es that there in is now no patr otia necessity necea olty for keeling their libert liberty jr ian so they sell their bond bonds to buy bur ilk j jewel the man who ells sells lifs liberty bond now HOW loses money it Is 1 good business buei nees to buy more at the present market val aes rather than to ell what you have |