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Show CERTIFICATES ARE Great Response to the U. S. Treasury's Offering of Bonds of Indebtedness. WASHINGTON, May 23. An overwhelming over-whelming response has greeted the treasury department's latest offering of $200,000,000 short-term certificates of indebtedness, part of the Liberty loan financing. The offering has been over-subscribed, it was officially announced an-nounced tonight, by approximately 50 per cent, and the books have been closed two days ahead of the date originally set because no further subscriptions sub-scriptions can be taken. The certificates bear interest at the rate of 3 'A per cent, one-fourth of one per cenf higher than the last offering, and aro due July 30, and while they are directly convertible Into Liberty bonds, aro receivable at par and accrued ac-crued interest in payments made by subscribers to the bonds. Allotments of the offering 'will be made tomorrow. It will be necessary to scale down the subscriptions by approximately ap-proximately one-third because of the over - subscriptions. Subscriptions from New York, it Is understood, were especially large, and in every federal reserve district the amount taken by the banks exceeded expectations. The prompt acceptanco of the offering offer-ing reflects the quickened public Interest, In-terest, officials think, In the Liberty loan. While the campaign for placing the loan is almost in full swing, it is pointed out that a tremendous amount of work yet has to be done before the full amount is subscribed, without considering the greatly hoped-for oversubscription. over-subscription. Mrs. W G. McAdoo, wife of the sec-rotar sec-rotar of the treasurv and daughter of President Wilson, today called a meeting meet-ing for Friday. June 1, of the Women's Liberty loan committee, of which she Is chairman. Well known women in every section of the country are members, mem-bers, and they will be called upon to launch a campaign for subscriptions to the Liberty loan |