Show new plan makes bonds cashable at commercial banks october 2 owners bf 0 series E war bonds can it if allot necessary redeem them thein at any qualified commercial bank or trust company according to official word reaching the utah war finance committee from washington D C principal reason for this simplified redemption procedure proc eduie which applies als also 0 to series A U B 0 and D savings bonds sold ifrain 1835 1935 to 1941 Is the big in crease in bond holders now estimated at 60 per cent of the total population the now new system may also have ia a deterring effect on redempa eions according to D howe howa moffat executive manager tor for utah with the now new method he pointed out of providing payment of 0 eligible bonds upon presentation by the owner or co owner it Is believed many redemptions ons such as those heretofore made in anticipation of delay la fa payment and later found unnecessary will be avoided heretofore Heie E bonds have been redeemable ledee mable only upon certification to a federal reserve bank although no utah banks have qualified as yet it Is believed most will as the U S treasury will campens compensate to them on a quart guart erly eily basis for each bond put paid d i the new system in no way changes change tile the non lion transferable nontransferable or 60 day holding requirements ot of n E bonds |