OCR Text |
Show TWO BILLIONS OF LIBERTYSJRETIRED Nearly $25,000,000 Bought by U. S. in January Liberty bonds and Victory nt r tired in January, aooordlntf t trtvury statement, aggregated IM.Tlv.asO, oomptred with $3t?4,te0 In Doembr. With on exception. It was th .arrest .arr-est amount retired In any month in th current fteca.1 year. The amount of various Issues retired In January follows: fol-lows: Klrst Liberty, 120,700: tfeconti Liberty, .itt,00; Third Liberty, . 260; rourth Uberty, fl41ebtt and Victory Vic-tory notes 123,004450. The twelve federal reeerv banks, out of earning; for 1P2". paid to the United Unit-ed .State treasury, as franc his tax a total of MO.Tn&.OAO, which can be used In the reduction of public debt or to Increase the reserve bark of the I'nlt-d I'nlt-d 8tata notes. The treasury haa made no publlo statement as to how these funds would be applied, but In view of the fact that the treasury ean purchase pur-chase Liberty bonds and Victory note below par. the $0.72fc.vOO, If need to decrease publlo debt, would purchase a greater amount of face valu of bond a Keduotio 1n war Issues by months In current ft seal year follows: July, I7,7 100, Aufuit, tl.4t3.Z0O: Pep-t Pep-t prober. 17,U1.&0, October. 6,IU,7O0; November, 1 J.II4,f.O; December, T44.CO0, and January. $24,Tle,6&. Hy Issues reductions sine July 1. 1120. follow: .First Uberty, fl2M. Kecond liberty, II.S40.i60; Third Liberty. Liber-ty. IU.1M.3S0, Fourth Liberty. $-l.SrU(- 50. and Victory notes, $4M4Mt; total, S,t&0.760. The treasury has concentrated Its Kurchan on Irtory botes,, as these ave the earl I out maturity "and must so be reckoned with first In refunding operations. Total reductions In Liberty bonds and Victory notes are shown In followlaC table, (000 omitted): First ll.tSS.H47 It.ftftMSS f.rr.livT fVcond . . 1.H2.770 1,80.. MS lii OM Third ... .tW.M 4.176.460 2t,9S7 Fourth .. C.3C!.S0 . .M4.6K1 tni.itrj Victory .. 4,101. 71 .-.- ttl.417 Total ..11,417.171 tMIMli l,4t.t7S |