The Daily Alaska empire Newspaper, June 21, 1943, Page 6

PAGE SIX THE DAILY ALASKA EMPIRE—JUNEAU ALASKA B TO: The American People e T FROM: The Secretary of the Treasury A report on the most tremendous financing task in history - = - the Second War Leoan Ly DURING the three weeks between April 12 and May 1, the American people tackled the biggest job of financing in the history of the world. In these three weeks it was proposed to raise the sum of 13 billion dollars, or more than half as much as was raised by five drives in the first world war. It was obvious that the task was hopeless unless the people of the nation were desperately in earnest about the war, And it was equally obvious that here was, so to speak, a thermometer by which the fervor of the people could be measured with reasonable accuracy. This is why we believe you, as an American citizen, can take pride in this report. For it was written solely by you, the people. The result, in dollars Our goal was 13 billion dollars. Actually, the American people subscribed 18 billion, 500 million dollars. This was 909% as much as was raised in all five drives of the first world war combined. It was, I think, as much a victory for America and the free American democracy as any military triumph. Where did the money come from? You will be interested in where this 181 billion dollars came from — for every dollar invested in War Bonds is more than a purchase; it is a demonstration of faith. The chart below shows the portion of the 18! billion that came from commercial banks. They were eager to buy more, but were limited to set amounts: COMMERCIAL BANKS ~ 2 War Loan Apr.1943 Py Dec.1942 Insurance Companies and other Corporations know that thege is no sounder investment than a U. S. Bond. The chart (top of the next column) shows their purchases: m INSURANCE COMPANIES ~ wwi AND CORPORATIONS ~ ""WarlLoan Goal Actual Salo Dec.942 2"°War Loan v R Apr.1943 Excludes Deolers and Brokers Naturally, it was your money that bought the bonds in the two groups above — for you are the people who put your money in banks and invest in insurance. But how about what might be called your “personal” money? That is a very important question, for it is vital that Americans, as individuals, buy War Bonds with all they can spare. : Our goal, here, was 2; billion dollars. The chart below tells the story: @I INDIVIDUALS 1*" War Loan Goal Actual Sales, Dec.1942 2"°War Loan Apr.1943 50 million bondholders To review your record to date, almost half our entire population own at least one bond —including infants, children, the lame, the halt and the blind. Or, to look at it in terms of those best able to buy bonds, see the chart at top of next column: 5 Of all the people earning money Who gets the credit? The credit for the 2nd War Loan goes to the people. It goes to the children who put dimes and quarters into war stamps. To everyone who bought a bond. To thou- sands of patriotic banking people. To advertising people who donated their creative talents. To patriotic merchants and companies who paid the bill for war bond messages. To radio stations, newspapers, movies, outdoor advertising companies, and publications. But chiefly, perhaps, to those who turned voluntary bond salesmen—a loyal legion of patriots. ~ 25909808050608000 88 'Q-—Qflp 358800 520 ™| 10 out of every 1,000 men and women in the U.S. were VOLUNTARY BOND SALESMEN During the 2N0 War Loan Drive . What lies ahead? Yes, America’s record is good. But we cannot become complacent — for our biggest financing job lies ahead. In the first 4 months of this year, we raised 25 billion dollars. During the balance of this year we must raise 45 billion dollars more. The war is costing us 100 billion dollars this year. Part of this will come from taxes, and the balance must come from War Loans. You, as an American, can take pride in what you have done. You have shown the Axis that Americans on the home front, like Americans on the battle front, will do all that is required of them — and more. But our need is great. Dig as deeply as you possibly can and invest it in War Bonds now — either through the Payroll Savings Plan or through special purchases. Don’t wait for “drives.” We must win this war with bayonets — and with dollars. We who stay home in safety must provide the dollays — all that are needed. It is the very least we can do. This advertisement is a contribution fo America’s all-out war effort by PACIFIC AMERICAN FISHERIES MONDAY, JUNE 21, 1943 "Glen Plaid. .. ‘Suited’® For Summer!” SUCCESS SUIT FOR THRU SUMMER! Glen Plaid club suit in fresh cotton. Cool short sleeves on smooth-fitting jacket. SIZES 12 UP §7.95 | Jones-Stevens Beward Street REWARD OFFERED - FORFINDERS OF . BALES OF RUBBER | Valuable Cargo Alfoat in Southeast Alaska Waters | | g e ; KETCHIKAN, Alaska, June 21. A reward of 10 cents a pound is 'being paid to the finders of the ,bales of crude rubber that are 'being found floating in the waters [of Southeast Alaska. A report on several bales that weigh in excess of 100 pounds has | been received here and a fitting |1eward has been established to the | finders. The bales, similar in shape to a |bale of hay, only smaller, are com- Iposed of layer upon layer of high igrade crude rubber. The exposure | to salt water and the elements has ‘not injured the rubber which is needed very badly in the war ef- | fort. All men on boats of‘the fishing fleet or any other persons are re- | quested to keep a sharp lookout. All bales found should be marked |to establish ownership and sent to | Donald K. Shingler, Acting Rub- !ber Development Agent, Ketchi- | kan. f Payment for the rubber will be forwarded from the Federal Reserve Bank in California. e STOCK OUOTATIONS NEW YORK, June 21. — Closing quotation of Alaska Juneau mine stock today is 5%, American Can 86, Anaconda 26%, Bethlehem Steel 621, Commonwealth and Southern 7, Curtiss Wright 8, General Mo- i tors 53!z, Granby Copper and Min- ing 5%, International Harvester 69'¢, Kennecott 30%, New York Central 16%, Northern Pacific 14%, Packovd Motors 4%, Republic Steel 167%, United States Steel 54%, Pound $4.04. Dow, Jones averages were as fol- lows: industrials 138.79, rails 34.77, utilities 20.10. PRICES SATURDAY Alaska Juneau mine stock closed Saturday at 5%, American Can 86, Anaconda 27, Bethlehem Steel 15/16, Curtiss Wright 8%, General Motors 54, International Harvester 70%, Kennecott 30%, New York Central 17'%, Northern Pacific 14%, Packard Motors 4%, United States Steel 54 7/8, Pound $4.04. Dow, Jones averages for last Sat- urday were as follows: industrials 139.73, rails 3520, utilities 20.26. bl 212 i R. W. PERRY LEFT FOR WHITEHORSE TODAY R. W. Perry, who has been in Juneau for the last month and a half in connection with the pur- chasing department of Bectel-Price and Calahan, contractors, left this morning for Whitehorse. Mr. Perry made his Juneau head- while in the city, quarters at the Gastineau Hotel * -k -k { # 627;, Commonwealth and Solithern,