LIBERTY BONDS
SUCCESSFUL CONVERSION. [BY CABLE —PRESS ASSN. —COPYRIGHT.] (Recd. April 16, 9.45 a.m.) WASHINGTON, April 15. The Treasury has announced that the books have' been closed for conversion operations with Liberty bonds valued at 1,005,000,000 dollars. It is stated that 797,000,000 dollars’ worth have been exchanged for the new 31 per cent. Treasury offerings, while 234,000,000 dollars’ worth of other bonds have also been turned in. Mr Morganthau, secretary of the Treasury, considers that the results are very gratifying. He said that the Treasury would easily be able to pay cash for 200.000,000 dollars’ worth of bonds outstanding. He also announced that in addition, the 1,200,000,000 dollars fourth Liberty loan will be called in on October 20.
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Greymouth Evening Star, 16 April 1934, Page 7
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118LIBERTY BONDS Greymouth Evening Star, 16 April 1934, Page 7
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