Show cite types 61 kames issel T L 0 9 public A grateful nation has girded itself for or the blighty almighty seventh war loan for 14 billions of 0 dollars halt half of which has been assigned as the individual sales quota according to reports from state chairmen reaching ted K R gamble national division director Ot of the war finance Divisi division of the treasury in washington the nation is ready for the huge hug e task mr gamble Gambl was ewas enthusiastic about results he said were prepared to do the best job in the ath war loan mr gamble said that not only is there more money available than ever before in each state but individual income will be higher in the period of the ath war loan tha than if 1 11 in any previous t war loan period secretary of 0 the treasury hairy said seven billions of dollars has been assigned as the quota for individual ual investors and that the major emphasis throughout the drive will be placed on the quota for individuals the individual quota is the highest established in any of the previous drives the secretary said the E bond bunta alone is 4 billion the ath war loan seeks nearly as much in the one drive as was asked in the first two drives of last year which were held up to this time the two drives of this year therefore will seek nearly as much as was sought in the three drives of 1944 the secretary stated that there is every evidence that federal expenditures tures are going to remain at a high level for some time to come and that the seventh war loan program was designed to obtain maximum funds necessary to prosecute the war from non bank investors the securities which will be sold under the direction of the state war finance committees are as follows series serie s E F and G savings bonds N series serie C savings aings notes 2 bonds bonds bonds aa certificates of indebtedness the ai 1 bonds will not be offered in the drive to corporations the drive for individuals will extend from may 14 to june 30 however aver an intensification of activities in in the sale of series E bonds began april 9 when millions of persons on payroll savings plans throughout hout the country were asked to enlarge barge garge their participation as a part of the seventh war loan all series E P F and G savings bonds and series C savings notes processed through the federal reserve banks between april 9 and july 7 will be credited to the drive during the final phase of the drive which will cover the period from june 18 through june 30 subscriptions will be received from all other non bank investors for the 2 and 2 marketable bonds and the certificates of indebtedness |