View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

CIRCULAR No. 228

FEDERAL RESERVE BANK
OF N E W YORK
CERTIFICATES OF INDEBTEDNESS.
DEPARTMENT

December 3, 1919.

CLOSING OF SUBSCRIPTION BOOKS
UNITED STATES TREASURY CERTIFICATES OF INDEBTEDNESS
Series T M 3-1920
Dated December 1,1919

Due March 15,1920

Exchange Until Further Notice of Certain Outstanding Issues

To ALL BANKS, TRUST COMPANIES, SAVINGS BANKS, BANKERS, INVESTMENT DEALERS AND
PRINCIPAL CORPORATIONS IN THE SECOND FEDERAL RESERVE DISTRICT

DEAR S I R S :

Subscriptions for the issue of certificates of indebtedness of Series T M 3-1920 were closed
by the Treasury Department at the close of business on Tuesday, December 2, 1919.
In response to the continuing demand for tax anticipation certificates and in order to
make further provision for the payment without inconvenience of the instalment of income and
profits taxes due March 15, 1920, the Secretary of the Treasury authorizes the Federal Reserve
Bank untiT further notice to issue 4*4% Treasury certificates of indebtedness of Series T M 3-1920
at par with an adjustment of accrued interest in exchange for Treasury certificates of indebtedness of any issue now outstanding not overdue maturing on or before February 16, 1920, with
any unmatured coupons attached. The certificates so outstanding are:
Series
T
T
A
B
C
D




5
7
1920
1920
1920
1920

Dated
June
July
August
August
September
December

3, 1919
I, 1919
1, 1919
15, 1919
2, 1919
1, 1919

Maturing;
December
December
January
January
February
February

15, 1919
15, 1919
2, 1920
15, 1920
2, 1920
16, 1920

Yours very truly,
BENJ. STRONG,

Governor.