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September 20,

Y?HY HJY BONDS?

Nom that price control has been relaxed somewhat, as
compared with its -wartime rigor, the exercise of restraint and
judgement in buying becomes particularly important*
of most commodities are rising©

The prices

Whether this upward movement

is sharp and dangerous or whether i t is moderate and manageable
depends largoly on the behavior of purchasers.

n

Svhen in doubt„

buy bonds", would be a useful motto for this period©
Postponing purchases whenever possible is wise individual behavior as well as good national policy.
creasing, particularly for durable goods.

Supplies are in-

There w i l l be more

styles to choose from, more opportunity to test and compare.
There will probably bo improved models and new products.

You

w i l l got more for your money after the f i r s t buying rush is over©
This is the time to save, not to spend.

And i f you

have decided to save, Government bonds offer the best combination
of earnings and security that is available anywhere©

Recent

events in the stock market give fresh emphasis to the fact that
common stocks are not wise purchases for small investors who want
to be able to withdraw their money at any time©
good, but security is limited©

Earnings may be

At the other extreme, money held

idle in the bank is s a f e , but i t earns nothing©

Series E savings

bonds, on the other hand, are always redeemable at a fixed value,
they offer absolute security, yet i f held to maturity they return
four dollars for every three invested.
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