ChicagoUniversity
Offers New Course
Applications for admission to
a new graduate program in com
munication at the University of
Chicago are now being accept
ed, according to Professor Doug
las Waples, chairman of the Uni
versity’s Committee on Com
munication.
Started last fall, the program
is focused upon the effects of
mass media upon public opinion,
attitudes, and behavior. It is in
tended primarily for students
who plan careers in journalism,
public relations, advertising, pub
lic information, foreign service
and related research activities.
Applications for autumn 1955
may be obtained from the Com
mittee on Communication, Uni
versity of Chicago, Chicago 37,
111.
Accounting Group
Initiates Nine Men
Nine students and one alum
! nus, majors in business adminis
! tration, were initiated into Beta
Alpha Psi, men's accounting hon
orary, last Thursday night. The
new members are alumnus James
Burleson, partner in a Dallas.
Texas, accounting firm; Walter
Coder, sophomore; Norman Toel
le. senior, and John Gregor, Alan
Kehrli, William Baker, Donald
Millage, John Eittreim, James
Barnard and Roger Miller, jun
iors.
Today's Staff
Makeup Editor—Dorothy Her.
News Desk—Bob Robinson and
Anne Hill.
Copy Desk—Joan Kraus, Carole
Beech and Bob Turley.
Night Staff—Bev Chamberlain
and Cay Mundorff.
’Stock Market*
NEW YORK <AP) The stock
market suffered its second sharp
est setback of the year Monday,
but the fall failed to excite heavy
selling, although a handful of key
issues were severely depressed,
and a long list of stocks closed
with minus signs.
The Associated Press average
of 60 stocks declined $2.20 at
$160.30. The record high was
$166.80. Monday's mall has been
exceeded this year only by the
drop of $3.90 on March 14.
The loss in the industrial com
ponent was $3.00, railroads fell
$2.50, and utilities were off 30
cents.
Horns liave only a bony core
surrounded by a horny sheath
and are a permanent fixture,
never shed except in the case of
the prong-horned antelope.
Friday Deadline
For Poetry Contest
Students entering the Julia
Burgess Poetry contest must
submit their manuscripts by Fri
day to the English department.
Winners of the contest will re
ceive an award of $25.
There are no restrictions as to
the type of poetry submitted, but
short poems should be turned In
with a group of three to five
selections. Manuscripts should
be typewritten and double spaced
and submitted in triplicate. The
name of the author should not
appear on the manuscript but
should be enclosed in a separate
envelope with the title of the
poem.
The contest is open to any un
dergraduate student.
HEAD EMERALD WANT ADS
rjCfolening
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10:55 Final Edition
11:00 Sign Off
Don't Miss
'The Prior Claim'
Unusual Science Movie
TUES.-7 P.M.-Science 123
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fi/to>?cctieut Safubt, yotc
WBy it’s 'wise to
Bold U.S. Savings Bonds
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 the
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.
1£ 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 jour 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 (hot
shows tho 10-yoar
cvlor'iod taming
f'ttw of yoar
Extended Maturity Vatu*.
Original Maturity Valua...
$134.69
100.00
Period After Maturity Date
Redemption Valuer
During Each Year
ft to I year.
I'/i to 2 yean. ...
#*/j to 3 yean....
3ft to 4 yean....
4'/t to S yean....
*’/l to 6 yean....
O'/i to 7 yean....
7*/, to • yean... .
•'/> to 9 yean....
9ft to 10 yean...
Kxtended maturity value
(10 yean from original
maturity date).
(101 .SO
104.50
10740
110.50
114.00
117.40
131.30
124.(0
12(60
13340
134.61
Now even better!
Invest more in Savings Bonds!