Chicago Leads In Sale Of U. S. Savings Bonds, Daily Racing Form, 1939-05-18

article


view raw text

I CHICAGO LEADS IN SALE OF U. S. SAVINGS BONDS A Secretary of the Treasury Morgenthau has announced that the total sales of savings bonds through March 1, 1939, aggregated in maturity value, more than ,437,108,850, and that purchases have been made by approximately 1,564,608 investors. The total represents average purchase of ,957,525 for each business day since March 1, 1935, when these bonds were first placed on sale. Deducting bonds redeemed, the maturity value of saving bonds outstanding on March 31, 1939, was approximately ,206,008,900. The total maturity value of purchases for the calendar year 1938 was 07,291,650, an average purchase for each business day of last year of ,334,300. Direct-by-mail and post office purchases from Chicago, 111., give that city the lead for the nation and for the first class post offices. Chicagos cash purchases for the period were 3,813,900.


Persistent Link: https://drf.uky.edu/catalog/1930s/drf1939051801/drf1939051801_1_4
Local Identifier: drf1939051801_1_4
Library of Congress Record: https://lccn.loc.gov/unk82075800