Show INTEREST RA RATE IE RAISED TO 4 2 1 Last Issue of Certificates at 4 Per Cent Not Taken Readily hy by I Banks Washington Feb Feh 20 Future Futuro Future Issues of or treasury treasur certificates of or indebtedness indebted 1 ness planned In preparation for tho thud thIrd Liberty Libert loan Joan wll bear an Interest interI Inter inter- est eat rate of or 4 H per cent or 1 per pet cent I more than Issues Issue of oC the Immediate past t i I This Tills announcement was made to toI tonight to to- night ht by Secretary McAdoo to together I with the statement that the 00 block of or certificates l. l closed last week eek was subscribed in full till only be because because be- be cause banks In New ew York Tonic and other big financial centers took more than thou their share antI and offset the tile scant scanty subscriptions subscriptions from th tho thorest rest of oC the country About In certificates remain to be bo Issued at nt the higher rate before the third loan campaign probably probably abl ably In April and the rate for tor all will vIll willbe willbe be bet t 4 per cent This increase In tho the rate offers an In Indication In- In of or tho the treasury's perspective on mone money market conditions ma may lilay affect the next Libert Liberty loan The Tile second sec fec- ond Liberty loan issued at nt 1 1 per cent was prece preceded e h by several se Issues of oC certificates certificates at 3 J per por cent but this rate was Increased Increase to tot 4 t per cent for tOI the last blocks before the second loan A similar similar similar simi simi- lar situation preceded the first loan which was at nt 3 per pel cent In In both cases the Interest rate of the loan loana a was athe the same as the rate late on the last Issue of certificates preceding Although h the umber number of ot banks subscrIbing subscribing subscribing sub sub- scribing to the last Issue of oC certificates was twice that for the preceding bio blo block k k Secretary McAdoo Ic said The amount of oC subscriptions from the tue country countr at largo large was distinctly disappointing 0 |