Show fER TAX fRU BONDS Year Year Securities Placed paced for Su Subscription tion at 3 4 3 Per Cent W Marcia March 8 S AP d in meeting obligations this 1 n the treasury Is offering for bl d subscription in year bonds They will bear 3 4 33 4 3 cent Interest the lowest rate ce he the first Liberty bonds were I The he bonds are to provide funds the retirement on March 15 of proximately In out out- Ending nd ng government bonds and I th other r money on hand and the tax receipts to carry the over until June when ad- ad ional financing will he be 35 With h the the- exception of n nc taxes and federal income sur- sur es the new bonds are exempt j t th i as to principal and interest v m other federal state and local locala a on Comprising the first long term c cuu ties Ues issued by the treasury in inear inear ear the bonds will bear Inter- Inter t from om rom March 15 15 maturing on at tl- tl date in 1956 and redeemable to March 15 1946 The They will be ered at 2 1001 2 1 and the treasury Ill ll as part payment but hut giving preference the aury ury notes series A A. A 1926 total- total which mature on 15 h he 3 4 33 4 3 per cent Interest rate a as ury ry officials pointed out ree re- re ts' ts the e general market rate and 1 a t has been the policy of thee the e e ment ent to establish its rates conformity with the general genel-al I I rk t level Federal reserve I. I is will receive applications for forie I le ie new ew bonds Apart s of its March finance pro- pro in in addition the treasury next day will purchase direct from in third k erty loan bonds |