OCR Text |
Show Government to Defer Financing Washington. Decision to defer further fur-ther government financing until the middle of December omitting any offer of federal securities on November 15, Is understood to have been reached by the treasury. October 15 financing, which included the floating of a $500,-000,000 $500,-000,000 bond Issue, has left the treasury trea-sury with a working balance on hand of about $272,000,000. On November 15, $75,000,000 of interest on the second sec-ond Liberty loan falls due but there are no treasury obligations maturing on that date so that It is felt the balance on hand will care for the interest in-terest payments and current expenses for another month. |