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Show New Certificates to Bear In- MKF terest At Five and Five iK&? and a Fourth. JHnfj WASHINGTON. April 11. A high 1 jjlKf record for interest rates on war or JlnBl j post-war government securities was 1 K$bKL' disclosed tonight by Secretary Hous- ' ion in announcing two now issues - of u'aBlvl treasury certificates of Indebtedness. VK1 maturing in three nnd six months and U ftBl i bearing interest at five per cent and I C K'J fivcand one-quarter per cent respect- ' SjB Tho new rate exceeds the interest IB? paid on the last issue of certificates n by one-fourth and one-half per cent, PHlf respectively and treasury officials do- Hflf dared they were the highest paid op HB government obligations since the days K of the civil war. Whilo the $2,000,000 IHmIS bond issue to f nance (he Spanish- Hit American war bore the circulation IHf privilege and, therefore, theoretically H paid a bighor rate, the actual interest B& to be paid out by the treasury on those HS two Issues seta a mark which probably H will stand for several decades. It was Haf Mr. Houston laid the higher ates on KA "recent changes in the situation," IHs ,1 which has for some time caused trcas- ffHJ ury officials to consider changes In BSIk their financial program. Necessities of I HBS the government were laid before tho V HflS governors of the federal reserve banks ' 'HK who conferred hero all last week and HxJ on tho information given by them, Mr. Ruflr Houston determined to raise tho rates H0 ' on government short term issues. IkV Both of the new issues of certifl- ftl cates will bo dated April 15. Tho com- B?- bined amount will be for $250,000,000' HPH! or more and Ihc federal reserve banks BrMt-! are authorized to make allotments, "in Hr-'H' full" on all subscriptions. The cer- -fll tificates do not bear Circulation priv- B Vi ileges and will not be accepted in payments of taxes. r ffiw ' ) |