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Show Secretary Morgenthau Announces Sales of Saving's Bonds As $2,437,108,850 Secretary of the Treasury Mor-genthau Mor-genthau announced today that the total sales of Savings Bonds through March 31, 1939, aggregated in maturity ma-turity value, more than $2,437,108,-850, $2,437,108,-850, and that purchases have been made by approximately 1,564,608 investors. in-vestors. Ti.e total represents average av-erage purchases of $1,957,525 for each business day since March 1, 1935, wnen these bonds were first placed on sale. Deducting bonds redeemed, the maturity value of Savings Bonds outstanding on March 31, 1939 was approximately 52,206,005,900. To 3 total , maturity value of purchases for the calendar year 1938 was $707,291,650, an average purchase for each business day of last year of $2,334,300. Direct-by-imail and post office purchases from Chicago, Illinois, rive t'nat city the lead for the Nation Na-tion and for the first class post offices. of-fices. Chicago's cash purchases for br.e -isriod were $33,813,900. Calumet, Michigan, leads the second sec-ond class post offices, with a cash purchase of $219,928.75. Horse Cave Kentucky, leads all third class post offices, having a cash purchase of $65,8S8.75. Ti.e fourth class post offices are led once again by Plemons, Texas. This town led its class in 1937 with a oash purchase of $58,500, and ohis year it tops its class with the extraordinary amount of $99,637.50. Approximately 22,000 post effices throughout the country sell United States Savings Bonds. Regional reports re-ports as to annual purchases at 3aeh. of these offices and mail order or-der purchases originating in their repective territories are being for-.varded for-.varded to the post.miasters concerned. |