Hymn written by Priscilla Jane Owens for her Sunday School. Owens was also the authoress of Will your anchor hold?, which at least here in the UK is the more popular hymn. The tune is by William J Kirkpatrick who also scored Anchor. I've never sung this hymn, but to judge by the rendition of the tune at cyberhymnal.org, it's similar to Anchor in its optimistic, rhythmic style. The hymn's title is a recurring theme, and it may be noted that in the unlikely event of this hymn being sung in a church where the people bow at the holy name, they'd all be bobbing like crazy.
We have heard the joyful sound: Jesus saves! Jesus saves!
Spread the tidings all around: Jesus saves! Jesus saves!
Bear the news to every land, climb the mountains, cross the waves;
Onward! 'tis our Lord's command; Jesus saves! Jesus saves!
Waft it on the rolling tide: Jesus saves! Jesus saves!
Tell to sinners far and wide: Jesus saves! Jesus saves!
Sing, you islands of the sea; echo back, you ocean caves;
Earth shall keep her jubilee: Jesus saves! Jesus saves!
Sing above the battle strife: Jesus saves! Jesus saves!
By His death and endless life Jesus saves! Jesus saves!
Shout it brightly through the gloom, when the heart for mercy craves;
Sing in triumph o'er the tomb: Jesus saves! Jesus saves!
Give the winds a mighty voice: Jesus saves! Jesus saves!
Let the nations now rejoice: Jesus saves! Jesus saves!
Shout salvation full and free; highest hills and deepest caves;
This our song of victory: Jesus saves! Jesus saves!
Everything Hymnal