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Show Ir- - BONDS ARE ADVANCING Holders of Liberty bonds are urged to hold their bonds Eoi better prices, as the tendency of the government is upward. A financial writer, considering the outlook, says Wall street has noted thai tin- volume ol sales of Lib- ' rrt.s on the stock exchange has dwindled romarkahh in recent re-cent months Lat winter and spring the sales were mi a tremendous scale, running uell over $200, 000,00(1 a month; and in the record month, May, were nearly $.JO0,000,OD(i Smce then the volume has steadily diminished until for August it was down to less than $130,000,000, the smallest volume of the j ear This diminished olume of saU-s and steadier tendency of prices uaturall leads in the conclusion that the heaviesl selling sell-ing pressure has passed Indeed it i eems very probable that the sales of Libertj bonds ''.ml their prices have had a very close relation to the tighl mono situation and to the recenl extraordinary lnprh prices I'" 1 ommodities. At any rate, it appears thai the heaviest sales and the lowest prices were coincident with the period when monej rates were highest and when commodity prices were at their peak; and thi smaller sales ami more stabilized market for the bibeftys have developed since the lug break in commodity prices started. iust mv Wall street is looking forward to easier money conditions after the crop moving season has passed, and already al-ready a good deal ol activity is noted m high grade corporate bonds A movement upward in these is bound t be accompanied accom-panied by a similar trend in Libertys. Don't sacrifice 1hem at current Iom prices This is pod advice and should be heeded State and citj governments, in contemplating bond issues, are encouraged to look forward i an improved markel for their securi-ties securi-ties Foi i months past niunicipal bonds bearing a high rat.' o'J interest, have been sold at discounts as high as 15 per cent. Fortunately, Fortu-nately, during this period, Ogden city, through the aid of local banks, was aide to refund " per cent bonds at par No other cit-3 in Utah made a record of sales so favorable. |