Show May Savings Bonds Sales Reported Good Mr Ed J. J Savings Bonds chairman for Park City district announced announced announced an an- today that statewide purchases of ot Series E and H Savings Bonds during May were as reported by the tho Federal Reserve Bank of or San Francisco approximately greater than sales for last month May sales in this county were reported at The current program being carried on throughout the state by many service service ser ser- vice clubs in inviting a banker to ex explain explain explain ex- ex plain t to their members the advantages of both the E and H bond to the in individual individual individual in- in and the Important part the sale of these bonds plays in establishing a good sound American dollar is expected I to increase the purchase of savings bonds by the public Mr said I Ho pointed out that naturally the familiar E bond which is bought at I three-fourths three its face amount and which increases Increases in Sa value through interest ac acI accumulations accumulations ac- ac j I I every six months continues s Ito to lead in dollar volume of sales Howl How- How l I j jever ever ver the Series Serles H bond Is showing th the I great greatest st percent of or Increase In sales asI as I the Investing public becomes more and more familiar with its paying interest-paying t I feature whereby the owner received ived an n Interest check from the Treasury every six months and the fact that It can J 1 always I be redeemed at lace face aceval val value e any and nj time after atter six months I I Both of these bonds earn Interest at 3 per c cent nt compounded semi-annually semi It if held to maturity of 9 years pears and 8 II months 1 I Maturing Series E bonds can be held I up to an additional 10 years with In InI interest In- In terest accumulating at the same rate I Ion on the matured value of the bond |