Show WALKS ALEN OF 01 AV S S christmas sales ot of war savings stamps and treasury savings certificates amounted clo tloyd se to in the twelfth cecle federal ral reier reserve e district according to a report repol artl made public by theodore theodor haidee director of 0 the war loan organic bation for the district tile the estimate Is based on oil the heavy bank sales saleal ot or these securities which alone amounted to for file the period embraced between Nover november ilber 26 and december 31 post office sales as yet unreported will swell the total sales somewhere near the estimate in the opinion of war loan officials ot of the total bank sales during this period for the district san francisco subscribed 2274 per cent or when reports are all in said C A farnsworth associate director ot of the war loan aari organization we are cou confident they I 1 will show for the christmas period roughly speaking for thirty days heavier sales than for any month in 1919 thus swelling california Cali fornias and the twelfth districts total subscriptions script ions for 1919 considerably I 1 pud showing us its well to the front in III per capita investment in fit wat war savings securities as compared with other federal reserve districts the 1920 sales of government securities have started oft off well Mrs I 1 florence 1 I meyer who is in charge of a war savings station in the anglo london paris national bank in iii san ban francisco leporis sales as high as a day suite sine tho the first ot of the year and ae averaging raging over in III addition to its war savings be curi curit ties les during 1920 thu the government is stressing the advantages of oc investment in fit liberty I 1 bends ui ada at their present prices and advising persona especially mill bi fc liall investors who havo have spine some ready ivady money to bilac up the bonds illch ale aio selling at various figures somewhat 1 below pur par not because beca they are worth less than their face value plus accrued but because cl 1 temporarily I 1 there here hil happen appu to ie c many of them thrown on oil the market by speculators who are forced to liquidates assets financial ex ej e 1 I 1 j ports are agreed that hat within a short time every issue of liberty bowls will not only roach par but no dinst bring a premium |