The Bismarck Tribune Newspaper, September 22, 1919, Page 2

U, 8. SECURITIES ARE UNEXCELLED World. Offers No More Safe In- vestment Than Treasury Savings Certificates. BACKED BY UNCLE SAM Have Many Attractive Features That Appeal to. Investor—to Be Issued Continuously Hereafter—Pro- tected Against Loss. The entire machinery of the Ninth District War Savings Organization is being set in motion in a united effort to incréase sales of the new $100 and $1,000 treasury savings certificates. That every county has scores of resi- dents who would buy these govern- ment securities regularly if they knew of them and that no effort will be spared to bring that knowledge to every possible buyer is the statement of M. E. Harrison, district director of the organization. “We are confident a lasting demand for Government securities. has been created! in. this district and we intend doing everything possible to fo: and supply that,” Mr, Harrison said. “We want investors to have government bonds, note: certificates, on the lists of securities which they habitual- ly buy. The Trea y Savings Certifi- cates are to be ued continuously hereafter. It is vital that the public quainted with their be thoroughly terms and advan ture of Certificates, The sury savings certificates, issued on the same basis as war sav- ings stamps, whereby the purchaser receives his interest in advance thru an equivalent reduction in price, are. a short term security, maturing five years: from: the first of January of the year in which they are purchased. They bear four per t interest, com pounded quarterly, giving a yield of 4% per cent to the iman who holds them during the entire period of their life: Perfectly secured by the entire re- sources and the full taxing pewer of the United States government the certificates are 100 per cent safe. In ad«ition to this, the terms of issue are such that tlie price increases monthly and with it the value of certificates previously sold. On January Ist of the maturity year, the government will redjem thei at full face values, “It is to the investor's benefit to recognize some of the unioue and! at- tractive: features op: ‘the new treasury said Mr. Harri Bon. there a perfectly safe investment, from which one may withdraw one’s money on 10 days’ notice, that pays interest as high as 4% per cent. No other security in the world is so easily availaile as treasury savings certifi- cates. They are on sale in practically every settled part of the United. States. Banks and trust companies everywhere may carry the $1,000 issue, while banks, trust companies and postoffices of the first and’ second class are carry- ing the $160 certificates. “These certificates may be redeemed one month after the month in which they were bought. en’ days’ written notice is all that is required for get- ting one’s money k and repayment is made at the certificate’s value in the month of redemption, a higher value than that at which it was bought. Protected Against Loss. “An additional security attaching to these certificates is the requirement that they be registered. The name of the purchaser is written on the cortifi- cate when it is sold and at the same time is recorded by the treasury de- partment. T.he loss of them does. not mean loss of the investment. “Owners of War Savings Stamps | who wish to have their investment tm books of stamps have the privilege of exchanging War Savings Stamps of the 1919 issue for treasury savings certificates. Cards filled with 20 war savings stamps, total maturity value $100, can be exchanged for $100 treas upy sayings certificates. Owners of ten such cards, with a total maturity a’ $1,000 certificate.” The treasury department, in issuing that their unusual attractiveness as an investment would assure large sates, quite apart from appeals for support of the government by loans or argu- ments to the personal advantages of saving and investment. But these arguments apply and add overwhelm- ing weight to the reasons why treasury savings certificates should be pur- chased now. Purchasing of war savings stamps and treasury savings certificates in any one year is limited to $1,000 by any individual or corporation. This total is reached by purchase of one $1,000 certificate, ten $100 certificates or 200 War Savings Stamps of $5 ma- turity value. The $1,000 limit may be in 1918, for instance having nothing to do with the 1919 purchase privilege. In August $100 certificates sell for $83.30 and $1,000 certificates for $838. The former increase 20 cents a mont in value and the latter $2 monthly. KEEP LIBERTY BONDS More Should Be Purchased at Present Market Quotations. Financial Experts Believe Every Issue Will Be Above Par Within Few Years. Paralleling the treasury depart- ment’s effort to bring about wider realization of the value of investment in war savings stamps and treasury savings certificates, a call has been sounded urging the public to make the most of the market's investment op- portunities by purchasing Liberty bonds at their present quotations. It is pointed out that it is just as: patri- otic today to buy Liberty bonds at 94, 95 or 96 as it was' to buy them at 100, while on the other hand, it makes the investment just that much better for the man who buys. For instance, a 4% per cent Liberty Bond, if bought at 94 for example, yields 4.52 per cent. It is pointed out also that the fall in value which has taken place in some Liberty bond: issues ig an excellent reason why those who own the bonds should hold'them now, rather than sur- render them at a loss, In purchasing the bond, the buyer tacitly agreed to let the government have the money for‘ 10 or 20 years, or whatever the term was: He gets less for the bond, it sold now, because he does not abide by the implied terms of the agreement. He wants his money back now instead of waiting the period of years stated on the bond he bought. Every bond will be worth par at maturity and long before that time in the opinion of leading bankers. Financial experts are of the beliet that every issue of Liberty bonds will | go above par within a few years. As, capital piles up again and interest ‘rates drop, the rates borne by the Lib- erty issues will seem correspondingly large and the value of the principal: as invested, the bond. itself, will be cor- respondingly greater. erty Bond owners still continue to lis- ten to the smooth-tongued sharpers who have fanciful stocks that they will trade for perfectly good Liberty Bonds. “Look before you leap” is the advice of the Treasury Department “Inves- tigate very carefully before you make purchases of stock and consider prayerfully before you trade Govern- ment securities for anything on earth.” SETTING AN’ EXAMPLE FOR DISTRICT. SAVERS. “The thorough conviction: that government securities are the best In the world which enabled the’ heads of the ninth district war loan organization: to keep the northwest among the national leaders in Liberty loan compaigns was not a thing that could: be’ forgotten’ or-lost ima moment. Theodcre Wold; governor of the ninth district federal reserve bank, and: Arthur’ R. Rogers, who headed the district loan campaigns, feel exactly the same way about war. savings stamps and treasury savings certificates as they did about the bonds. Witness Governor Wold’ selling Mr. Rogers the first $1,000 treasury savings certificate to-be sold in the ninth district, the chiefs chimed in chorus; and when: It comes to business they, both know, exactly what. they are talking about ee ee ee, Of forty: films: shown: in Dngland in: one week, 36 were: American made,;|-women have won marked. success, in| three British and one: Danish. SEE STII RSS i The original form. of: the: word “‘gen-|’ tleman” was Gentile-man—signifying| has been screened by a British movie a convert, to Chritianity. ‘An Ari investment,” America igs the only land in which the dental profession. “The Life of David Lloyd George” concern. &@ more convenient form than the value of $1,000, can exchange them for | the savings certificates, was convinced | bought each year, however, purchases | ‘OFFIGER-OFFERS 10 GIVE PUPILS » MILITARY DRILL | Will Provide Instructors ‘for. Training and Physical. Exer- | cises If Board Desires | An opportunity for. the mifie students of the Fligh school to: learn the rudiments of military drill and ob- tain. physical. exercises that were s) successful in the army in building up strong bodies is offered the school board if it desires to accept the plan. The offer is made by Lt. Col T. J. Rogers of the Aberdeen recruiting sta- i is the headquarters for i Col, Rogers is willing to provide experienced. regular army. sol- diers to teach the students. if the school board desires to: accept the offer, In commenting on: the plan, Co Rogers in a communitcation to The (Tribune said: COL. ROGERS’ LETTER Since my talk with you. concerning: the feasibility und desirability of in- augurating a system of military phys- ical and mental training, suitable to the age of the students of your high schools, I have: been noting the com- ments of & number: of. our leading. pa-|, pers regarding this. subject, and take the liberty of quoting from. several of] them to show the widespread and gei-|' eral irit of enthusiastic approval given the plan by the leaders .of our public thought: PAPERS LAUD PLAN: Many papers emphasize the: benefits universal training promises to bestow upon young manhood. Such: training} would be “educative: and beneficial,” contends the St. Louis: Republic, and the Columbus (Ohio) State Journal: be- Neves that»“the average boy would henefit in a physical and disciplinary and perhaps in. a: democratie ,” and the New York World: :re- minds us that “practically, without. ex: ‘Colonel Morrow I am in correspond* In spite of repeated warnings, Lib- |, ion” soldiers: are “returning ta il life: stronger’ men and better citi- ens than when they entered the mili- tary service.” Equally. enthusiastic, in their ad- vocacy of universal military training are the Newark (N. J.) News, the Philadelphia Inquirer, the Cleveland Plain Dealer, and the Charlotte (N. C.) Observer, while the Columbia (3. C.) State remarks: “Men: whu: have: tlie money send. their boys’ to military schools—why- not send’ every* youth to a military school. when: we have the regular soldiers to instruct:it?” “With such @ system in existence, and: quick: ly operative,” observes: the New York Times, “no power on earth woutl} dream of invading the United States or attacking ifs: overseas: possessions,” and the Buffalo Express asks, “How much has our army of 4,000,000: mui- tarized the country?” The war department is inaugurating a comprehensive system: of -education througout the army, and to further the project has established: two bureaus; one the “Education and Re- cretion Branch” under Col. R. I. Rees, and the other the “Reserve Or- Training Corps: Branch,” under J. Morrow, G, §., the latter be- ing in charge of: all educational mat- ters pertaining to the R..0. T. C. As struction in our colleges andi are under the supervision o£ ence with. him relative to the: desires of several schools in North and: South), Dakota to take advantage of: the train- ing thus: offered, and hope to be able to inform you: in a short time as to ‘any requirements’ by and’ assistance that may be expected from the war de- partment, e « | | MARKETS | MINNEAPOLIS: WHEAT Wheat reéeipts, §21- cars’ comparcid: with 746 cars a year ago, Cash No: 1, Northern, $2.45 to. $2.60. Corn No. 3, yellow, $1.44 to: $1.45. Oats No. 3, white, 64 3-8¢ to 66 7-Sc. Flax, $465: to: $4.70; Flour unchanged, barrels, Barley, 95¢ to $1.26; Rye No. 2, $1.38 3-4; Bran $38.00. SOUTH ST: PAUL LIVESTOCK Hog receipts, 3,500; 25c higher, Range, $15.00: to- $17.25, Bulk, $16.00 to $17.00. Pigs, $15.00 to $17.95. Cattle, 11,500; steady. Cows and heifers, $6.25 to $11.00. Calves, $6.50 to $19.50. Fat steers, $6.75 to $16.00. Stockers and feeders, $6,00: to $12.25. Sheep, 5,300; steady. Lambs, $5.00 to $13.00, Wethers, $5.50 to $9.50. Ewes, $1.50' to $7.50. CHICAGO LIVESTOCK Hog receipts, 23,000; strong. Heavyweights, $16.18 to $ 18. 15. Mediumweights, $17.00 to $18.30. Lightweights, $17.25. to $18.40, Light light, $16.00 to: $17.75; Heavy packing sows, smooth, $16.00 to $16.50, Heavy packing sows, rough, $15.25 to $15.75. Pigs, $15.00 to $116.50, Cattle: receipts, 22,000; slow. Beet steers medium and heav;- weight, $15.25 to’ $17.50. . Medium and’ good, A 75; to® $15.25, Common. $8.25: to $10.75. Lightweights good and choice, $14.00 to $17.65; Common’ and ‘medium, $8.00 - to $13.75. ee Butcher cattle helters, $6.50 to $14.75 Cows, '$6:25. to’ $13.50. Canners: and cutters, $5.35 to $6.25. Veal calves, light and handweight, $20.20 to $21.50, Feeder steers,’ $7.00 to. $12.25. Stocker steers, $6.25 to $10,00, Wostein range steers, $8.25 to $15.00. Cows and Heifers, $625 to $13.00. Sheep, 41,000; firm. Lanibs: $4) pounds down, $12.25 to $15.00, Culls and commons, $7.00 to $12.00. Yearlings: and mothers, $— Ewes medium, good and choice, $6.90 to $7.25. Culls and common, $2.00 to $5.75. Breeding,, $6.50 to. $12.25. Dance. Tuesday. and: Saturday shipments. 63,477 nights: at the! Armory, O’Con- nor'’s Orchestra, ele zi MONDAY, SEPT. 22, 1919. hen you hear the real Carus To hear the real Caruso, the real Galli-Curci, the real Alma. ? j Gluck, the real Kreisler—to hear all the greatest artists of the world in your own home just as they want you to hear them, it : is as necessary that you should have a Victrola as that you should E have their Victrola Records, ‘ ” ; The Victrola and Victor Records are scientifically coordinated and synchronized in the processes of manufacture, making it necessary to use them together to achieve a perfect result. The greatest. singers and instrumentalists are exclusive Victor artists not only because their interpretations are so faithfully recorded on Victrola Records, but because the Victrola is the one instru-, ment that plays them with the degree of perfection and beauty of ; / tone that meets the approval of the artists themselves. When you play Victrola Records on the Victrola—and only & on the Victrola—you really hear these great artists exactly as they themselves heard and approved their own work, ‘ ETLGG SRP Hear the world’s greatest artists on the Victrola today at any Victor dealer's, He will gladly play any music you' wish to hear. Victors and’ Victrolas'$12°to $950. Victor Talking Machine Coz, Camden, N. J. “Victrola”? is the Registered Trademark of the Victor Talking Machine Company designating the products ofthis Company on!y. 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