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About Oregon daily emerald. (Eugene, Or.) 1920-2012 | View Entire Issue (April 6, 1955)
'Stock Market’ NEW YORK (AP)-A final kick ahead Tuesday sent the stock market up firmly to the highest point in its current re covery drive. Outside of the wide movers, gains went to around 2 points while losses were around a point. There were quite a few outside of that range. The Associated Press aver age of 60 stocks was up $1.10 at $1.60. That is only $2.10 away from the March 4 top. The in dustrial component added $1.50, rails were up $1.40, and utilities rose 20 cents. The market ■wasn’t very broad with 1200 individual issues trad ed of which 586 advanced and 381 declined with 40 new highs and 15 new lows for the year. - There were only 2.100.000 shares traded as compared with 2.500.000 shares Monday when the market was slightly lower. Dull to Lecture In Browsing Room Paul S. Dull, who received last spring’s Friar’s award for the outstanding professor at Ore gon, will be the lecturer for this weeVs browsing' room lecture, held Thursday at 7:30 p.m. in the browsing room of the Stu dent Union. Dull, who is an associate pro fessor of political science and history, will speak on "The Problem of Asia." He received his doctorate at the University of Washington and did post-doctoral work at Harvard university. Dull was in the chief Japanese intelligence section of the office of war information for the state department. He was granted a sabbatical leave for a year's re search in Japan in 1952. Patronize Emerald Advertisers oCisteninq -3n ...On KWAX Wednesday 1)1.1 mg. 6:00 Sign On 6:03 Dinner Hour Serenade 6:45 News Till Now 7:00 University of Oregon Kadicf Forum 7:30 UN Story 7:45 Guest Star 8:00 Campus Review 8:30 Radio Workshop Players 9:00 Kwaxworks 10:50 Final Edition 11:00 Sign Og SELL IT THRU THE WANTADS Sponenburgh Elected An Honorary Fellow Mark K. Sponenburffh, assist ! ant professor of art, has been elected an honorary fellow of the University of Calcutta. This appointment was made In connection with Bponenburgh’n InvcNtlKnlloiiH In the hlntory and theory of mculpture. Itcud Kmrruld (iumlfled A(U i WOODMEN OF THE WORLIT Sponsoring MODERN DANCING By The 4 Stars NO LIQUOR ADM. $1.00 Per Person * PAUL PETERSEN * RALPH DsCOURSEY > LARRY BUDZ k KATIE TAYLOR CO-SPONSORSHIP INVITED! DANCE EVERY FRIDAY FRIDAY, APRIL 8_9-12 P.M. WOODMEN OF THE WORLD HALL 8th and Lincoln Phono 3-5315 /)/toyxutedC 6cuo6e/t, 7e£& you. Why it’s wise to hold U.S. Savings Bonds more than 10 years <»y.swwy-<a«»—MBEI By Homer J. Livingston, President of The First National Bank of Chicago and President, American Bankers Association Like millions of other Americans, you probably know that our government’s Series E Savings Bonds rank among the surest, safest and best investments in the world. But I wonder if you realize that an extremely attractive feature has been added to them. Today, you no longer need cash your Bonds at maturity (9 years, 8 months after pur chase) . You can hold them for as long as 19 years, 8 months. And this enables you to get a far greater total yield from them, since die interest paid on Savings Bonds is cumulative. That is to say, your Bonds pay interest not only on the principal, but on the accumu lated interest itself! Now, the longer you hold your Bonds the bigger this accumulation gets —and, correspondingly, the more money your Bonds pay in interest every year. I! you invested $37.50 in a Savings Bond ten years ago, it could be redeemed for $50.00 today. You would make $12.50. But if you keep that Bond for ten more years, you will make a total of $29.84 on your original in vestment. In other words, if you hold your U. S. Savings Bonds for double their original period, your total yield is considerably more than just double. So, if you can possibly arrange it, hold your Bonds for the maximum period—19 years, 8 months. You don’t have to sign any papers or visit your bank to do this. The extended earning period is automatic. And, of course, go on investing in U. S. Series E Savings Bonds—through the Pay roll Savings Plan where you work. If self employed, invest in Savings Bonds regu larly where you bank. Want your interest paid as current income? Invest in 3% Series H. United States Government Series H Bonds are new current income Bonds in denominations of $500 to $10,000. Redeemable at par after 6 months and on 30 days’ notice. Mature in 9 years, 8 months and pay an average of 3% per annum if held to maturity. Interest paid semiannually by Treasury check. Series H may be purchased through any bank. Annual limit: $20,000. This chart shows tho 10-ytar saming ?**<* of yovr LnnJt DO 005 Extended Maturity Vatu*. , Original Maturity Vatu*. . Period After Maturity Date % le 1 year... l'/t le 2 yean. 2Vi le 3 yean. 2'/a te 4 yean. 4'/, le S yean. *'/» to 4 yean. ♦Vi le 7 yean. 7'/i le • yean. •% •• 9 yean. *Vt •• 10 ] txlended maturity value (10 yean from original maturity dote). $134*4 140.00 $101.90 104.50 10740 110.40 11440 117.40 131.20 124.40 124.40 132.40 134.44 Now even better! Invest more in Savings Bonds!