Abstract

Finance
Boies, William Justus | September 21, 1918 issue

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The remarkable proposals for providing certain tax-exempt features for the second, third and fourth Liberty Loans excited spirited trading in, the U.S. government bond market last week. The problem of the Treasury has been how to make an unprecedented issue of four and a quarter per cent, long-term bonds sufficiently attractive to insure the quick marketing of the new issue. In as much as all the outstanding Liberty issues, except the first, were selling considerably below par, the government experts have had a difficult problem to solve in providing for this extraordinary loan.

See Also:

UNITED States -- Economic conditions; TAX exemption; LOANS, American; GOVERNMENT securities; SECURITIES trading; UNITED States
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