$450,000,000 (or thereabouts)

Transcription

1 FEDERAL RESERVE BANK Fiscal Agent of the United Stes J" Circular No. 966"! LMarch 7, 1930 J $450,000,000 (or thereabouts) March 15th Offering of 3V4 Per Cent Treasury Certifices of Indebtedness Subscription Books Open March 7 To all Banks, Trust Companies, Savings Banks, Bankers, Investment Dealers, Principal Corporions and Others Concerned in the Second Federal Reserve District: The Secretary of the Treasury today invites subscriptions to a new issue of Treasury certifices of indebtedness. In announcing this offering Secretary Mellon made the following stement: The Treasury is today offering for subscription, par and accrued interest, through the Federal Reserve Banks, an issue of nine months S1/^ per cent Treasury certifices of indebtedness of Series TD-1930 ded and bearing interest from March 15, 1930, and muring December 15,1930. The amount of the offering is $450,000,000 or thereabouts. Applicions will be received the Federal Reserve Banks. The Treasury will accept in payment for the new certifices par, Treasury certifices of indebtedness of Series TM-1930, muring March 15, Subscriptions for which payment is to be tendered in certifices of indebtedness muring March 15, 1930, will be given preferred allotment up to $150,000,000. Bearer certifices will be issued in denominions of $500, $1,000, $5,000, $10,000 and $100,000. The certifices will have two interest coupons tached payable June 15, 1930, and December 15, About $404,000,000 of Treasury certifices of indebtedness and nearly $47,000,000 in interest payments on the public debt become due and payable on March 15,1930 and $100,000,000 of Treasury bills become due and payable on March 17, The subscription books for this offering are now open and applicions will be received by this bank as fiscal agent of the United Stes. All subscriptions, both cash and exchange, will be received subject to ler allotment. The terms of the offering are given in full on the following pages. GEORGE L. HARRISON, Governor.

2 New Certifice Issue Circular No. 966 Federal Reserve Bank of New York Fiscal Agent of the United Stes Offering of United Stes of America Three and One-Quarter Per Cent Treasury Certifices of Indebtedness SERIES TD-1930 Ded and Bearing Interest from March 15, 1930 To all Banks, Trust Companies, Savings Banks, Bankers, Investment Dealers, Principal Corporions and Others Concerned in the Second Federal Reserve Due December 15, 1930 District: The Secretary of the Treasury, under the authority of the Act approved September 24, 1917, as amended, offers for subscription, par and accrued interest, through the Federal Reserve Banks, Treasury certifices of indebtedness of Series TD-1930, ded and bearing interest from March 15, 1930, payable December 15, 1930, with interest the re of three and one-quarter per cent per annum, payable on a semiannual basis. Applicions will be received the Federal Reserve Banks. Bearer certifices will be issued in denominions of $500, $1,000, $5,000, $10,000, and $100,000. The certifices will have two interest coupons tached, payable June 15, 1930 and December 15, The certifices of said series shall be exempt, both as to principal and interest, from all taxion (except este and inheritance taxes) now or hereafter imposed by the United Stes, any Ste, or any of the possessions of the United Stes, or by any local taxing authority. The certifices of this series will be accepted par during such time and such rules and regulions as shall be prescribed or approved by the Secretary Treasury, in payment of income and profits taxes payable the murity of the ces. The certifices of this series will be acceptable to secure deposits of moneys, but will not bear the circulion privilege. under of the certifipublic The right is reserved to reject any subscription and to allot less than the amount of certifices applied for and to close the subscriptions any time without notice. The Secretary of the Treasury also reserves the right to make allotment in full upon applicions for smaller amounts, to make reduced allotments upon, or to reject, applicions for larger amounts, and to make classified allotments and allotments upon a gradued scale; and his action in these respects will be final. Allotment notices will be sent out promptly upon allotment, and the basis of the allotment will be publicly announced. Payment par and accrued interest for certifices allotted must be made on or before March 15, 1930, or on ler allotment. After allotment and upon payment, Federal Reserve Banks may issue interim receipts pending delivery of the definitive

3 FEDERAL RESERVE BANK GOVERNMENT BOND AND SAFEKEEPING DEPARTMENT EXCHANGE No. Not Negotiable Receipt is acknowledged of $ Par Value 5Vs% Treasury Certifices Series TM-1930 Q Tendered in exchange for 3V4% Treasury Certifices Series TD-1930 This memorandum is without value except as an acknowledgment of the receipt of the securities mentioned. Securities will be delivered to your representive upon surrender of this receipt with letter of identificion officially signed. FEDERAL RESERVE BANK FISCAL AGENT OF THE UNITED STATES Teller

4 ta-cl This Form Should Be Used When Treasury Certifices Muring March 15, 1930 Are Offered in Exchange E For 3V4 Per Cent Treasury Certifices of Indebtedness, Series TD-1930 Ded March 15, 1930 Due December 15, 1930 NOTICE TO SUBSCRIBERS: Subscribers tendering Treasury certifices muring March 15, 1930 will be given preferred allotment up to $150,000,000 face amount of the offering. All subscriptions, both cash and exchange, will be received subject to ler allotment. If payment is to be made by such certifices now held by the Federal Reserve Bank of New York instructions should be given accordingly FEDERAL KESERVE BANK or DCAB SIES: NEW YOBS, Fiscal Agent of the United Stes, New York, N. Y. Pursuant to the terras sted in the current offering of the Secretary of the Treasury, please enter subscription par and accrued interest for $ United Stee of America Treasury certifices of indebtedness aa above described. In payment of this subscription we will deliver to you on or before March 15, 1930, Treasury certifices of the series muring on March 15, 1930, as indiced below: Treasury Certifices, Series TM-1930 TO SUBSCRIBER: Mark (X) in proper space to indice if this is: Original subscription Confirmion of a telegram Confirmion of a letter WF* Before signing fill in all required spaees. Subscriber Post Office Address Ste Official Signure Required SPACES BELOW FOR THE USE OF THE FEDEBAL RE8EBVE BANK Examinrd Carded Journal Ledger Allotment Figured Checked Advised Security Exchanged Amount De Releoaed By Received Checked Recorded Window Safekeeping Mail Other Departments

5 IB-L CASH SUBSCRIPTION To United Stes Government Obligions Described Below IB Ded.1930 Interest decimal on coupon payable June 15, 1930, (92 days in 182 day period) one day's interest on $1000. is $ Interest decimal on coupon payable December 15, 19S0, (18S day period) one day's interest on $1000. is $ FKDEEAL BESEBVZ BANK or NEW YORK, Fiscal Agent of the United Stes, New York, N. Y. DEAS SIES: Pursuant to the terms sted in the current offering of the Secretary of the Treasury please enter our (my) subscription par and accrued interest for $ UNITED STATES OF AMERICA 3V 4 PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TD-1930, DATED MARCH 15, 1930, DUE DECEMBER 15, 1930 We (I) agree to pay to you on the de of the above issue par for any securities allotted on account of this subscription, and payment will be made by the method indiced below: By eheek D By c*»h Payment will be made by (name) This is a confirmion of a previous subscription. Writ* TM Writ* No Subscriber... Street address. Town Ste THIS SPACE IS FOB THE USE OP THE PEDEBAL BESEBVE BANK OP NEW YOBK FIGURED CARD CLASSIFIED LEDGER ACKNOWLEDGED DISPOSITION Allotment Figured Checked Advised Payment Released De $ $ 1 By Cash By Check Check No. Drawn on

6 BTC-L Cash Subscription by Bank or Trust Company To United Stes Government Obligions Described Below Ded c J930 Interest decimal on coupon payable June 15, 1980, (92 days in 182 day period) one day's interest on $1000. is $ Interest decimal on coupon payable December 15, 1930, (18S day period) one day's interest on $1000. is $ FEDERAL RESERVE BANS or NEW YORK, Fiscal Agent of the United Stes, New York, N. Y. DEAR SIRS: Pursuant to the terms sted in the current offering of the Secretary of the Treasury please enter subscription as follows par and accrued interest for UNITED STATES OF AMERICA 3V 4 PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TD-1930, DATED MARCH 15, 1930, DUE DECEMBER 15, CLASS A Subscription* of $1,000 and under Number of 1 Amount Leave Blank Subscript's 1 of Each For oar own account (not classified below) > For our customers (classified below) Total Subscription $ CLASSIFICATION OF CUSTOMEBS' SUBSCRIPTIONS (For example: Class A 10 $1,000) CLASS B Subscriptions of $1,100 to $10,000 Inclusive Number of I Amount Subscript's I of Each Leave Blank CLASS C Subscriptions of $10,100 to $50,000 Inclusive Number of Amount Subscript's of Each Leave Blank CLASS D Subscriptions of $50,100 to $100,000 Inc. Number of Amount Subscript's- of Each Leave Blank * CLASS E Hiih'a nf linn inn tn iinoonn Tnnin.i.. Number of 1 Amount Subscript'* 1 of Each Leave Blank CLASS F Snh'n nf tvvi inn t,. ti (vm nnn Tn»luaiTr. Nurabw of Amount Subscript'^ of Each Leave Blank Number of Subscript's CLASS G Amount of Each Leave Blanc We agree to pay to you on the de of the above issue par for any securities allotted on account of this subscription, and payment will be made by the method indiced below: By debit to our reserve account By «h«ek Digitized 8UBSCEIBEB: for FRASER rk (X) in proper space D B y c r e d i t t o W a r L o a n D e p o s i t A c c o u n t I I Bank or Trust Company. Tin * ^^B.«ft * I. _WT" Before signing fill in all required spaces.

7 Original FEDERAL RESERVE BANE OP NEW YORK NOTICE OF ALLOTMENT on Exchange Subscription to United Stes Government Obligions DESCRIBED BELOW E.,1930. Referring to your subscription to $ UNITED STATES OF AMERICA 3M PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TD-1930, DATED MARCH 15, 1930, DUE DECEMBER 15, 1930 you have been allotted $. IMPORTANT Checked by To obtain delivery of the securities, the original of this notice properly filled out and signed in the spaces provided below must be returned immediely to the Federal Reserve Bank of New York. In cases where securities are to be delivered over the counter to a representive of the subscriber the duplice copy of this notice accompanied by a letter of identificion must be presented by the representive. FEDERAL RESERVE BANK, Fiscal Agent of the United Stes. ISSUE SECURITIES IN THE FOLLOWING DENOMINATIONS Instructions to Federal Reserve Bank of Neiv York LEAVE BLANK DISPOSE OF SECURITIES AS INDICATED BELOW Pieces Denominions Par Amount Numbers $500 1,000 5,000 10, ,000 Total Hold to secure War Loan Deposits Hold for Safekeeping (For members only) Deliver Over Counter Deliver to Loan and Discount Department Ship Definitive Securities Special Instructions The method of payment is indiced below: By surrender of muring certifices as follows: Subscriber Street address Treasury certifices, Series TM $ Town Ste Released Taken from Vault Counted Checked Delivered NA-Exchange Amount- By- Paid Stamp DO NOT USE THESE SPACES Delivery Receipt Received from FEDERAL RESERVE BANK the above described United Stes Government obligions allotted in the amount indiced above. Subscriber. De. B 7.

8 Duplice FEDERAL RESERVE BANK NOTICE OF ALLOTMENT on Exchange Subscription to United Stes Government Obligions DESCRIBED BELOW E Referring to your subscription to $,1930. UNITED STATES OF AMERICA 3M PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TD-1930, DATED MARCH 15, 1930, DUE DECEMBER 15, 1930 you have been allotted $ Checked by IMPORTANT To obtain delivery of the securities, the original of this notice properly filled out and signed in the spaces provided below must be returned immediely to the Federal Reserve Bank of New York. In cases where securities are to be delivered over the counter to a representive of the subscriber the duplice copy of this notice accompanied by a letter of identificion must be presented by the representive. Instructions to Federal Reserve Bank of New York FEDERAL RESERVE BANK, Fiscal Agent of the United Stes. FOLLOWING! DENOMINATIONS Pieces Denominions Par Amount LEAVE BLANK Numbers DISPOSE or SECURITIES AS INDICATED BELOW $500 1,000 5,000 10, ,000 Total $ Hold to secure War Loan Deposits Hold for Safekeeping (For members only) Deliver Over Counter Deliver to Loan and Discount Department Ship Definitive Securities Special Instructions The method of payment is indiced below: By surrender of muring certifices as follows: 6%% Treasury certifices, Series TM $ Subscriber Street address Town Ste DO NOT USE THESE SPACES Beleased Paid Stamp Delivery Eeceipt Taken from Vault Counted Checked Amount- Received from FEDERAL RESERVE BANK the above described United Stes Government obligions allotted in the amount indiced above. Subscriber. Delivered By- De. By. N A-Exchange

9 Triplice FEDERAL RESERVE BANK PENDING DELIVERY TICKET on Allotment to United Stes Government Obligions DESCRIBED BELOW E Amount of subscription $, UNITED STATES OF AMERICA 3 U PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TD-1930, DATED MARCH 15, 1930, DUE DECEMBER 15, 1930 Amount allotted $ Partial Deliveries Made as Follows: DATE AMOUNT BALANCE DISPOSITION

10 Original FEDERAL RESERVE BANK NOTICE OF ALLOTMENT on Cash Subscription to United Stes Government Obligions DESCRIBED BELOW, Referring to your subscription to $ UNITED STATES OF AMERICA 3*4 PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TD-1930, DATED MARCH 15, 1930, DUE DECEMBER 15, 1930 you have been allotted $. IMPORTANT To obtain delivery of the securities, the origi nal of this notice properly filled out and signed in the spaces provided below must be returned immediely to the Federal Reserve Bank of New York. In cases where securities are to be delivered over the counter to a representive of the subscriber the duplice copy of this notice accompanied by a letter of identificion must be presented by the representive. Checked by Instructions to Federal Reserve Bank of New York FEDERAL RESERVE BANK, Fiscal Agent of the United Stes. ISSUE SECURITIES IN THE FOLLOWING DENOMINATIONS LEAVE BLANK DISPOSE or SECURITIES AS INDICATED BELOW Pieces Denominions Par Amount Numbers $500 1,000 5,000 10, ,000 Total The method of payment is indiced below: By debit to our reserve account S.. Hold to secure War Loan Deposits Hold for Safekeeping (For members only) Deliver Over Counter Deliver to Loan and Discount Department Ship Definitive Securities Special Instructions Subscriber Street address. \ By check $. By credit to War Loan Deposit Account as indiced below. When payment is to be made by credit to War Loan deposit account, the following certifice of advice must be filled out and signed. CERTIFICATE OF ADVICE, 1930 (De) I HEREBY CERTIFY th there has been deposited this day with the above bank or trust company, to the credit of the Federal Reserve Bank of New York, as Fiscal Agent of the United Stes War Loan Deposit Account, to be held subject to withdrawal on demand, the sum of Dollars, $ Town Ste Cashier or Vice-President Demands for withdrawal of deposits in the above account will be made through the Federal Reserve Bank of New York as fiscal agent of the United Stes. DO NOT USE THESE SPACES Digitized Released for FRASER Taken from Vault Paid Stamp Delivery Receipt Received from FTJTHEPAT P^O^PT^ P. ^»T» -NT V»T,»T *L.. L.,I M I.

11 Duplice FEDERAL' RESERVE BANK NOTICE OF ALLOTMENT Cash Subscription to United Stes Government Obligions DESCRIBED BELOW c., Referring to your subscription to $ UNITED STATES OF AMERICA 3M PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TD-1930, DATED MARCH 15, 1930, DUE DECEMBER 15, 1930 you have been allotted $. Checked by IMPORTANT To obtain delivery of the securities, the original of this notice properly filled out and signed in the spaces provided below must be returned immediely to the Federal Reserve Bank of New York. In cases where securities are to be delivered over the counter to a representive of the subscriber the duplice copy of this notice accompanied by a letter of identificion must be presented by the representive. Instructions to Federal Reserve Bank of New York FEDERAL RESERVE BANK OP NEW YORK, Fiscal Agent of the United Stes. ISSUE SECURITIES IN THE FOLLOWING DENOMINATIONS LEAVE BLANK DISPOSE or SECURITIES AS INDICATED BELOW Pieces Denominions Par Amount Numbers $500 1,000 5,000 10, ,000 Total The method of payment is indiced below: By debit to our reserve account $ Hold to secure War Loan Deposits Hold for Safekeeping (For members only) Deliver Over Counter Deliver to Loan and Discount Department Ship Definitive Securities Special Instructions Subscriber Street address. By check $ By credit to War Loan Deposit Account as indiced below. When payment is to be made by credit to War Loan deposit account, the following certifice of advice must be filled out and signed. CERTIFICATE OF ADVICE, 1930 (De) I HEREBY CERTIFY th there has been deposited this day with the above bank or trust company, to the credit of the Federal Reserve Bank of New York, as Fiscal Agent of the United Stes War Loan Deposit Account, to be held subject to withdrawal on demand, the Town Ste sum of Dollars, $. Cashier or Vice-President Demands for withdrawal of deposits in the above account will be made through the Federal Eeserve Bank of New York as fiscal agent of the United Stes. DO NOT USE THESE SPACES Released Taken from Vault Paid Stamp Delivery Receipt Received from FEDERAL RESERVE BANK the above described

12 Triplice FEDERAL RESERVE BANK PENDING DELIVERY TICKET on Allotment to United Stes Government Obligions DESCRIBED BELOW Amount of subscription $,1930. UNITED STATES OF AMERICA 3% PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TD-1930, DATED MARCH 15, 1930, DUE DECEMBER 15, 1930 Amount allotted $ Partial Deliveries Made as Follows: DATE AMOUNT BALANCE DISPOSITION

13 certifices. Any qualified depositary will be permitted to make payment by credit for certifices allotted to it for itself and its customers up to any amount for which it shall be qualified in excess of existing deposits, when so notified by the Federal Reserve Bank of its district. Treasury certifices of indebtedness of Series TM-1930, muring March 15, 1930, will be accepted par, in payment for any certifices of the series now offered which shall be subscribed for and allotted, with an adjustment of the interest accrued, if any, on the certifices of the series so paid for. As fiscal agents of the United Stes, Federal Reserve Banks are authorized and requested to receive subscriptions and to make allotments on the basis and up to the amounts indiced by the Secretary of the Treasury to the Federal Reserve Banks of the respective districts. GEORGE L. HARRISON, «v Governor New York, March 7,