OCR Text |
Show U. S. CERTIFICATES LESS THAN DEMAND WASHINGTON. June 1 Oversub-j scrlptlons of the new series of 3 8-4i per cent treasury certificates and exchange ex-change of moro than $300. 000.000 of tho new 4 8-8 per cent treasury notes for 4 8-4 per cent Victory notes was unnouncM Thuifday by Secretary Mellon Mel-lon Exchanges of the now notes which wero offered for the 4 3-4 per cent Victory notes are coming in substantial sub-stantial volume, Mr. Mellon stated, and tho treasury books on the exchange will remain open until the close of business next Thursday. Prelimlnlary reports, he said Indicate Indi-cate that BUbreripttlons aggregaMng about J450.000.000 have been received for the offering of 3 8-4 por cent cer- tiflcatas which was for about $2"0.-000,000. |