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FED ERAL RE SE R V E BANK O F NEW YORK Fiscal A gent o f the United States r Circular N o . 4 1 8 6 " 1 January 12, 195S J I. 15 Percent Probable Allotment of FNMA Notes To All Banking Institutions, and Others Concerned, in the Second Federal Beserve D istrict: The following statement was made public today: The Treasury Department announced today that preliminary reports received from the Federal Reserve Banks on subscriptions to the FNM A note issue indicate a probable allotment in the neighborhood of 15 percent. Final figures, including late mail returns, will not be available until Friday, and it is expected that the basis of allotment will be announced Friday afternoon. A l l a n S proul, President.