for mortgages on real estate; it's seven and a half nowadays.

Don't sell your bonds.

I'll tell you why: U.S.bonds are always good; they never depreciate, but it's different with realty, especially in this city just now.

It's been depreciating ever since your father's time, and it's going to go right on depreciating.

If you want to sell anything, sell your realty before it gets any lower.