'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.
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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
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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
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ADM. $1.00
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* PAUL PETERSEN
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CO-SPONSORSHIP INVITED!
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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!