Africa - Egypt

May 05, 1955 - Bond Bomber: In an effort to keep pace with the Gold Coast's development of the teach Africans to invest money, the government of the British colony has issued two types of ten-year bonds that will pay dividends over the period by chance. The first, ?5 (4) registered bonds, Issued last fall, bear the name of the purchaser and at biannual drawings the lucky holder will receive prizes of from 0 to, 800. The second, Issued recently, are ?2 9.60) bearer bonds, which do not contain the buyer's name and are drawn for annually, the prizes raging from 6 to, 400. The holders of either bond may sell at any time and receive just their.60 or 4 back. Photo shows Top: A leaflet- dropping Dekota aircraft files over Accra, the Gold Coast capital, to promote sale of the.60 bonds. Bottom: Pedestrians run to catch them as they fall. The 1 million leaflets, dropped over bought at all banks and post offices

Restrictions Only for United Kingdom

Accra Africans Annually Bearer Biannual Bonds Bought Buyers Chance Coasts Contain Dividends Dropped Dropping Either Holders Invest Issued Leaflet Leaflets Pace Prizes Promote Purchaser Raging Receive Registered Sell Teach Ten-year

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