
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: SATURDAY, February 9, 1991                   TAG: 9102090155
SECTION: BUSINESS                    PAGE: A-8   EDITION: METRO 
SOURCE: 
DATELINE: WASHINGTON                                LENGTH: Short

JAN. RECORD MONTH FOR SAVINGS BONDS

Americans bought $953 million in U.S. savings bonds in January, the most sold in that month in 47 years, the Treasury Department said Friday.

January sales were up 15 percent from the same month of 1990, when they totaled $826 million, and the highest for any January since 1944, when they totaled $1.09 billion.

Treasurer Catalina Villalpando said the increase was "a sign that Americans are returning to the savings ethic that helped make America the economic giant of the 20th century."

Savings bond sales have increased steadily since July 1990, the Treasury said, and totaled $8.09 billion last year, 6 percent higher than in 1989.

The bonds currently earn interest at 7.19 percent when held five years or longer.

- Associated Press

by CNB