Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 8 · column 1 of 6 · from the scan, no model involved
Savings Bonds
Begin Maturing
Ten years ago this month the United States' Treasury sold the first Series E Savings Bonds. Americans now hold around SOO,000,000 such ‘bonds, worth some $34,500,000,000, present cash value. On May 1 such bonds began to mature.
Chairman J. Rodes Brown, Jr., of the Rappahannock Savings Bond Committee, said yesterday that about $1,096,000,000 of Series E bonds issued in 1941 are ■till outstanding and will mature month by month between now and the end of 1951.
In 1952 and 1054 the amounts maturing will markedly increase, reflecting the heavy wartime sales of E Bonds in war loan drives and under the payroll savings plan during 1942-44. In 1955, maturities will begin to come down to peacetime levels.
64.5%