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Show SAVING BONDS mi m SALE The United States Defence- Savings Sav-ings Bonds and Postal Savings Stamps have been placed on sale in the post office at the opening of business on Thursday, May 1, as part of the national effort to make America impregnable. Postmaster Hazen Hillard an-nouced an-nouced today that plans are completed com-pleted for this community, along with thousands of others from coast to coast, to do Ks full part at the opening of the savings program. The new defense Savings Bond is simular to the familiar "Baby Bond," of which more than five billion dollars woi'th have been bought by more than two and a half million Americans since IDoj. A defense Bond may be purchased purch-ased May 1, or thereei'tcr, for $13.75. In ten years, this bond will be worth $25.00. This is an increase in-crease of S3', persent, ernial to an annual interest return of 2.9 percent, compounded semi-annually. Any time after sixty days from the dale ot purchase, the bond may be redeemed for cash, in accordance with a table of redemption re-demption values printed on the face of the bond. To spread investments widely among ail the people in America, a limit of P5.000 lias beein set on the amount of these bonds 'to be bought by any one person in one year. The bonds are denominations denom-inations of $25. S50. $!00, and 1 000, all of which are sold for 75 per cent of their maturity value and all of which mature in 'ten years. For the smaller investor who wants to buy a Government Bond on an easy payment plan, the post offce will have a new series of Postal savings Stamps, at 10c 25c 5Cc. $1, and ?5. Each purchaser purchas-er 'of any Savings Stamp' 'higher than 10c will be given, free of charge, an attractive pocket al-buniin al-buniin which to paste his stamps until he has enough to buy a $25 bond of one of higher denomination. denomina-tion. Thirty million of these albums al-bums are now being prepared. Secretary Morgenthau said that even a boy or girl who saved 10c to buy a savings Stamp would help the "country. He added that 'you can safeguard your own future, while helping the national nation-al defense, by buying United - States Savings Bonds now". |