Great opportunity for holders of 3% Defence Bonds

FOR HOLDERS OF 3% DEFENCE BONDS Purchased between 22nd November, 1939 and 30th April, 1940 Those who were wise enough to buy the first issue of 3% Defence Bonds, have another great opportunity. They can now take advantage of the special offer of conversion to 21/2% Defence Bonds. Today, Defence Bonds are still the best investment of their kind. Please note however that holders of the first issue of 3% Defence Bonds must make appli- cation for conversion before Oct. 15th on the forms already sent them.