TREASURY LOAN OVERSOLD IN DAY; Heavy Oversubscriptions Are Indicated for Tax-Exempt, Low-Interest Issues. MORGENTHAU IS PLEASED Allotments Will Be Announced on Thursday -- Conversion Offering Ends Tomorrow. TREASURY LOAN OVERSOLD IN DAY
cash offerings oversubscribed; books to close; exch offering books to close June 3; Morgenthau pleased; Wall St reaction to offerings
