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Municipal Bonds 



in 



War Times 



During the war period only such 

 new financing will be permitted as 

 in the judgment of the Govern- 

 ment is necessary. 

 Municipal expenditures are, there- 

 fore, not being made except for 

 essential community needs. 



This is resulting in a growing scarcity of 

 Municipal Bonds. 



Our current list contains offerings of lead- 

 ing cities at attractive prices. 



Send for list N-8 of issues yielding from 

 ^Vz % to 6 % and exempt from all Federal 

 Income Taxes. 



William R.(om pton (b. 



Government and Municipal Bonds 



"Over p. Quarter Century in This Business'" 

 NEW YORK ST. LOUIS 



14 Wall Street N 408 Olive Street 



CHICAGO CINCINNATI 

 105 So. La Salle Street 305 Union Trust Bldg;. 



PITTSBURGH: Farmers Bank Building 

 JACKSON, Mississippi 



" I 



| ^Mllllllllllllllllllllllllllllllllllllllllllllllll I Illlllllllllllllllllllllllllllllllllllllllllllllllllllllilll^ 



| Analysis of J 



| Liberty Bond Issues | 



j \7^/ r E HAVE prepared for the use of | 



| * * investors a concise comparison of | 



| the several issues of Liberty Bonds. | 



| The table shows the yields and essen- | 



| tial details of the six issues outstanding. § 



| A copy will be sent upon request for | 



| AN-86. | 



| The National City | 



| Company | 



1 National City Back Building, New York | 



= Correspondent Offices in 31 Cities | 



= Bonds Short Term Notes Acceptances = 

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War -Tested 6% 

 Investments 



THE first mortgage 6% serial bonds, 

 safeguarded under the Straus 

 Plan have stood the test of four 

 years of the world war as they stood 

 the test of unsettled conditions in other 

 years. They have again proved their 

 already proven soundness. 



We are now offering a well-diversified 

 list of well secured bonds to net 6%, in 

 $100, $500 and $1,000 denominations, 

 maturing in two to ten years. 



Write for our current offerings, and 

 our booklet, "Safety and 6%". Ask for 



Circular No. H-808 



S^STBAUS & 4 CO. 



Established 1882 

 NEW YORK 

 150 Broadway 



Incorporated 



CHICAGO 

 Straus Building 



Detroit Minneapolis 

 Philadelphia 



San Francisco 

 Kansas City 



36 years without loss to any investor 



ifflnrnmniTmi 



$80 Return 

 In One Year from 

 Investment of $980 



Security is developed water power and 

 newspaper manufacturing plant of large 

 worth and established earnings. 



We have available for August funds 

 this and other safe, profitable investments 

 of varying maturities and yielding 6 % to 



All are secured by industries vitally 

 essential to our national welfare. Present 

 market conditions permit such exceptional 

 offerings. 



Bonds of $500 and $1,000 denomi- 

 nations. 



Write for Circular No. 1010-D 



Peabody, 

 Honghteling&Co. 



(ESTABLISHED 1865) 

 10 South La Salle Street, Chicago 



<B-I92) 



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'Mention the Geographic- 



j — It identifies you." 



