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FED ERAL RE SE R V E BANK OF NEW YORK Fiscal A gent o f the United States f Circular N o. 4 2 2 4 * 1 M ay 2, 1955 J Offering of 2 Percent Treasury Notes of Series B-1956 For Cash and in Exchange For 1 Yq Percent Treasury Certificates of Indebtedness, Maturing May 17, 1955 To All Banking Institutions, and Others Concerned, in the Second Federal Reserve D istrict: The subscription books will open on May 3, 1955, fo r an offering o f 2 percent Treasury notes to be dated May 17, 1955, and to mature August 15, 1956, for cash in the amount of $2M> billion, or thereabouts, and in exchange fo r the $3.9 billion o f certificates of indebted ness maturing May 17, 1955. Subscriptions will be received by this Bank as fiscal agent of the United States. Cash offering .— Books fo r cash subscriptions to this offering will be open fo r one day only , Tuesday, May 3, 1955. Cash subscriptions addressed to this Bank and placed in the mail before midnight May 3 will be considered as timely. Cash subscriptions may be paid for by credit to Treasury Tax and Loan accounts. Subscriptions from commercial banks fo r their own account will be received without deposit, but will be restricted in each case to an amount not exceeding one-half the combined capital, surplus, and undivided profits o f the subscribing bank as o f December 31,1954. A payment o f 10 percent o f the amount o f notes subscribed for, not subject to withdrawal until after allotment, must be made on all other subscriptions. Commercial banks are requested to refrain from making unsecured loans or loans collateralized in whole or in part by the notes subscribed for, to cover the 10 percent deposits required to be paid when subscriptions are entered. A certification by the subscribing bank that no such loan has been made will be required on each subscription entered by it fo r account o f its customers. A certification that the bank has no beneficial interest in its customers’ subscriptions, and that no customers have any beneficial interest in the bank’s own subscription, will also be required. Exchange offering .— Books fo r exchange subscriptions will close at the close o f business Thursday, May 5, 1955. Any exchange subscription addressed to this Bank and placed in the mail before midnight May 5 will be considered as timely. Final interest due on May 17 on certificates surrendered will be paid by payment o f May 17, 1955 coupons, which should be detached by holders before presentation o f the certificates. The terms of this offering are set forth in Treasury Department Circular No. 960, dated May 3, 1955, a copy of which is printed on the reverse side o f this circular. Subscriptions should be made on official subscription forms and mailed immediately or, if filed by telegram or letter, should be confirmed immediately by mail on the form s provided. Because o f the limited time the subscription books will be open, particularly for the cash offering, we sug gest you file your subscription without delay. A llan S pboul, President. ( oveb) UNITED STATES OF AMERICA 2 PERCENT TREASURY NOTES OF SERIES B-1956 D a te d a n d b e a rin g in terest fr o m M a y 17, 1955 1955 D ep a rtm en t C ircu la r N o. 960 D u e A u g u st 15, 1956 TREASU RY DEPARTM EN T, O f f ic e F isc a l S ervice B u rea u o f th e P u b lic D ebt I. O F F E R IN G O F N O T E S 1. The Secretary o f the Treasury, pursuant to the authority o f the Second Liberty Bond Act, as amended, invites subscriptions, from the people of the United States for notes of the United States, designated 2 percent Treasury Notes of Series B-1956. 2. Cash Offering.— Subscriptions are invited at par and accrued interest. The amount o f the offer ing is $2,500,000,000, or thereabouts. The books will be open only on May 3 for the receipt of cash subscriptions. 3. Exchange Offering.— Exchange subscriptions are invited, at par, from holders of 1% percent Treasury Certificates o f Indebtedness of Series B-1955, maturing May 17, 1955. The books will be open only on May 3 through May 5 for the receipt of exchange subscriptions for this issue. II. S U B S C R IP T IO N A N D A L L O T M E N T 1. Subscriptions will be received at the Federal Reserve Banks and Branches and at the Office of the Treasurer o f the United States, Washington. Only the Federal Reserve Banks and the Treasury Department are authorized to act as official agencies. Cash Subscriptions.— Commercial banks, which for this purpose are defined as banks accepting demand deposits, may submit subscriptions for account o f customers. Others than commercial banks will not be permitted to enter cash subscrip tions except for their own account. Subscriptions from commercial banks fo r their own account will be received without deposit, but will be restricted in each case to an amount not exceeding one-half of Sec r e ta r y, the combined capital, surplus and undivided profits, of the subscribing bank, as of December 31, 1954. Subscriptions from all others must be accompanied hy payment of 10 percent of the amount of notes applied for, not subject to withdrawal until after allotment. Following allotment, any portion of the 10 percent payment in excess of 10 percent of the amount of notes allotted may be released upon the request of the subscribers. Exchange Subscriptions.— Banking institutions generally may submit exchange subscriptions for account of customers. 2. The Secretary of the Treasury reserves the right to reject or reduce any subscription, and to allot less than the amount of notes applied f o r ; and any action he may take in these respects shall be final. Subject to these reservations, exchange sub scriptions will be allotted in full. Allotment notices will be sent out promptly upon allotment. D E S C R IP T IO N O F N O T E S 1. The notes will be dated May 17, 1955, and will bear interest from that date at the rate o f 2 per cent per annum, payable on a semiannual basis on February 15 and August 15, 1956. They will mature August 15, 1956. They will not be subject to call for redemption prior to maturity. 2. The income derived from the notes is subject to all taxes imposed under the Internal Revenue Code of 1954. The notes are subject to estate, in heritance, gift or other excise taxes, whether Federal or State, but are exempt from all taxation now or hereafter imposed on the principal or interest thereof by any State, or any o f the posses sions o f the United States, or by any local taxing authority. 3. The notes will be acceptable to secure deposits of public moneys. They will not be acceptable in payment o f taxes. 4. Bearer notes with interest coupons attached will be issued in denominations o f $1,000, $5,000. $10,000, $100,000, $1,000,000, $100,000,000 and $500,000,000. The notes will not be issued in regis tered form. 5. The notes will be subject to the general regu lations o f the Treasury Department as now or here after prescribed in Department Circular No. 300, Revised. III. of th e Washington, May 3, 1955. IV . PAYM ENT 1. Payment at par and accrued interest, if any, for notes allotted hereunder must be made or com pleted on or before May 17, 1955, or on later allotment. Cash Subscriptions.— In every case where pay ment is not so completed, the payment with appli cation up to 10 percent of the amount o f notes allotted shall, upon declaration made by the Secretary of the Treasury in his discretion, be forfeited to the United States. Any qualified de positary will be permitted to make payment by credit for notes allotted to it for itself and its customers up to any amount for which it shall be qualified in excess o f existing deposits, when so notified by the Federal Reserve Bank of its District. Exchange Subscriptions.— Payment may be made only in Treasury Certificates of Indebtedness of Series B-1955, which will be accepted at par, and should accompany the subscription. Final interest due on May 17 on certificates surrendered will be paid by payment of May 17, 1955 coupons, which should be detached by holders before presentation o f the certificates. V. G E N E R A L P R O V IS IO N S 1. As fiscal agents of the United States, Federal Reserve Banks are authorized and requested to receive subscriptions, to make allotments on the basis and up to the amounts indicated by the Secretary of the Treasury to the Federal Reserve Banks of the respective Districts, to issue allotment notices, to receive payment for notes allotted, to make delivery of notes on full-paid subscriptions allotted, and they may issue interim receipts pend ing delivery of the definitive notes. 2. The Secretary of the Treasury may at any time, or from time to time, prescribe supplemental or amendatory rules and regulations governing the offering, which will be communicated promptly to the Federal Reserve Banks. G. M. HUMPHREY, Secretary o f the Treasury. (SUBMIT W ITH DUPLICATE WHITE COPY— N-2) Subscriber’s Reference No. Q , wt Subscription Number EXCHANGE SUBSCRIPTION For United States of America 2 Percent Treasury Notes of Series B-1956 Dated May 17, 1955, Due August 15, 1956 Important Inatructiona 1. F ederal Please use separate subscription form for each group of securities for which different delivery instructions are given. R e serve B a n k op N ew Y ork, Fiscal Agent of the United States, Federal Reserve P. 0 . Station, New York 45, N. Y. Dated at .1955 Attention Government Bond Department— 2nd Floor D ear S ir s : Subject to the provisions of Treasury Department Circular No. 960, dated May 3, 1955, the undersigned hereby subscribes for United States of America 2 percent Treasury Notes of Series B-1956, as-follows: For own accou n t.............................................................. For our customers as listed on reverse side (for use of banking institutions) Total subscription............................... and tenders in payment therefor a like par amount of 1y8% Certificates of Indebtedness due May 17, 1955, with May 17, 1955 coupons detached. Delivered to you herewith................................. To be withdrawn from securities held by you. To be delivered b y ............................................... 1 C E R T IF IC A T E S SU R R E N D E R E D (List serial numbers on reverse side) Denomi nation ■Ma $ I" 1 Face amount N O T E S D E S IR E D IN E X C H A N G E (Leave this space blank) Denomi nation Pieces 1,000 $ 5,000 10,000 10,000 100,000 100,000 1,000,000 1,000,000 TOTAL total The undersigned hereby certifies that the securities to be disposed of as indicated in item 2 or 3 above are the sole property o f the undersigned.__________________________ The subscription books for this ex change will open on May 3 and close at the close of business May 5, 1955. (Leave this space blank) 1,000 5,000 Dispose of securities issued, as follows: □ 1. Deliver over the counter to the undersigned □ 2. Hold in safekeeping (for member bank only) □ 3. Hold as collateral for Treasury Tax and Loan Account Face amount □ 4. Ship to the undersigned □ 5. Special instructions: (IM P O R T A N T : No changes in delivery instructions will be accepted. A separate subscription must be submitted for each group o f securities as to which different delivery instructions are given.)______________________________ Submitted by (Please print) B y .............. (Official signature required) (Title) Address (Spaces below are for the use o f the Federal Reserve Bank of New York) G o v e r n m e n t B ond V a u l t R ecord Received Counted Checked Checked S a fe k e e pin g R ecord Received Received from F ederal R eserve B a n k of N e w Y ork the above described United States obligations in the amount subscribed for. Checked and delivered NOTES ISSUED IN EXCHANGE subscription i\o.................................................................. Pieces 2 percent Treasury Notes o f Series B-1956, issued in exchange. Denomi nation $ 1,000 5,000 10,000 DELIVERY COMPLETED 100,000 1,000,000 TOTAL Face amount Numbers DENOMINATIONS AND SERIAL NUMBERS OF SECURITIES SURRENDERED List o f customers included in the foregoing subscription ( L eave this space blank) Amount Subscribed Name of Customer Address ( Please print or typewrite) .... (DUPLICATE COPY FOR USE OF FEDERAL RESERVE BANK OF NEW YORK) Subscriber *8 Reference No. N -2 Subscription Number EXCHANGE SUBSCRIPTION For United States of America 2 Percent Treasury Notes of Series B-1956 Dated May 17, 1955, Due August 15, 1956 Important Instructions 1. F Please use separate subscription form for each group of securities for which different delivery instructions are given. R ederal eserve B an k of N e w Y ork , Fiscal Agent o f the United States, Federal Reserve P. 0 . Station, New York 45, N. Y. Dated at .1955 Attention Government Bond Department—2nd Floor D ear S ir s : Subject to the provisions of Treasury Department Circular No. 960, dated May 3, 1955, the undersigned hereby subscribes for United States of America 2 percent Treasury Notes of Series B-1956, as follows: For own accou n t................................................................ For our customers as listed on reverse side (for use of banking institutions) Total subscription. and tenders in payment therefor a like par amount of 1Ys% Certificates of Indebtedness due May 17, 1955, with May 17, 1955 coupons detached. Delivered to you herewith....................................................................................................... $............................... To be withdrawn from securities held by you...................................................................... $............................... To be delivered b y .................................................................................................................... $............................... CERTIFICATES SURRENDERED NOTES DESIRED IN EXCHANGE Denomi- $ Denomi- 1,000 $ 1,000 5,000 5,000 10,000 10,000 100,000 100,000 1,000,000 1,000,000 total TOTAL Dispose of securities issued, as follows: □ 1. Deliver over the counter to the undersigned □ 2. Hold in safekeeping (for member bank only) □ 3. Hold as collateral for Treasury Tax and Loan Account □ 5. Special instructions: (IM P O R T A N T : No changes in delivery instructions will be accepted. A separate subscription must be submitted for each group of securities as to which different delivery instructions are given.)______________________________ The undersigned hereby certifies that the securities to be disposed of as indicated in item 2 or 3 above are the sole property of the undersigned.__________________________ Submitted by The subscription books for this ex change will open on May 3 and close at the close of business May 5, 1955. (Please print) B y ................ (Official signature required) (Title) A d d r e s s .......... (Spaces below are for the use of the Federal Reserve Bank o f New York) G o v e r n m e n t B ond V a o l t R ecord Received Counted Cheeked Checked S a fe k e e pin g R ecord Received Checked and delivered Received from F ederal R eserve B a n k of N e w Y ork the above described United States obligations in the amount subscribed for. Date.................... B y ...................................................................................................................... NOTES ISSUED IN EXCHANGE Jubscription No.................................................................. Pieces percent Treasury Notes o f Series B-1956, issued n exchange. Denomi nation $ 1,000 5,000 0 10,000 100,000 1,000,000 TOTAL Face amount Numbers DENOMINATIONS AND SERIAL NUMBERS OF SECURITIES SURRENDERED List o f customers included in the foregoing subscription this space blank) Amount Subscribed Name of Customer ( Pitas* print o r typewrit*) Address Subscription Number NS-4-SS CASH SUBSCRIPTION For United States of America 2 Percent Treasury Notes o f Series B-1956 Dated May 17, 1955, Due August 15, 1956 Subscription books will be open only on May 3 for the receipt o f cash subscriptions. Important 1. Subscriptions from commercial banks for their own account will be received without deposit; subscriptions from all others must be accompanied by payment of 10 percent of the amount of notes applied for. 2. Commercial banks subscribing for account of customers should hold the 10 percent deposits paid to them by their customers (see certification below). • 3. Amount o f notes applied for must be in multiples of $1,000. F _ D R eser v e B a n k of N e w Y o r k , Dated at Fiscal Agent o f the United States, Federal Reserve P. O. Station, New York 45, N. Y. ~ Attention: Securities Department— 9th Floor ederal ear .1955 S ir s : Pursuant to the provisions of Treasury Department Circular No. 960, dated May 3, 1955, the undersigned hereby subscribes for United States o f America 2 percent Treasury Notes of Series B-1956, as follow s: F or own a cco u n t................................................................................................................................... $................................. F or our customers, shown on reverse side (for use of commercial banks) .......................... $................................. Total subscription............................................................. $................................. Payment for these securities will be made on or before May 17, 1955, as follows: B y credit to Treasury Tax and Loan A c c o u n t ............................................................................................................... B y c a s h ................................................................................................................................................................................... By c h e c k .................................................................................................................................................................................. B y charge to our reserve a c c o u n t..................................................................................................................................... □ □ □ □ ( I f a commercial bank is subscribing for its own account or for account o f customers, the following certification is made a part o f this subscription) W e H e r e b y C e r t i f y that we have received applications from our customers in the amounts set opposite the customers’ names on the list (on the reverse side hereof) which is made a part of this subscription; that there has been paid to us by each such customer, not subject to withdrawal until after allotment, 10 percent of the amount applied f o r ; that we have not made unsecured loans, or loans collateralized in whole or in part by the securities applied for, to supply the amounts of such payments to any o f such customers; that we have no beneficial interest in the applications of such customers, and that none o f our customers has any beneficial interest in the amount subscribed for our own account. W e F u r t h e r C e r t i f y that the subscription for our own account does not exceed one-half of our combined capital, surplus and undivided profits as shown in our call report of December 31, 1954. TO SU BSCRIBER: (F ill in all required spaces before signing) Mark (X ) in proper space to indicate if this is : (N am e o f subscriber— Please print o r typewrite) Original subscription.................... □ Confirmation o f a telegram.......... □ Confirmation of a etter................ □ By. ............ ........................................ j (O fficial signature) Address ............. (T itle ) ............................................................................................................................. (Spaces below are for the use o f the Federal Reserve Bank) ALLOTMENT v --------------------------------------------------T? /A & c ............ $ D .................... $ ......... ___ $ Figured Checked Advised (F or use of commercial bank subscribers only) List o f customers included in this subscription (P lea se print or typew rite) Leave blank Name o f Customer Address Amount Subscribed Federal Reserve Bank o f N ew Y ork NON-NEGOTIABLE RECEIPT TO ............................................................................... Receipt is acknowledged of S ....................................................................... No. Date...... . (N o te: If the securities you subscribed for are to be delivered at the Federal Reserve Bank o f N ew York over the counter to your representative, the folloiving authority should be executed.) par amount of □ 1% % TREAS. CERT. OF IND. SERIES B-1955 F ederal R eserve B a n k of N e w Y o r k : Y ou are h ereby au th orized to d eliver to tendered in payment of your exchange subscription for a like par amount of □ 2% TREAS. NOTES OF SERIES B-1956 (Name of representative) w h ose signatu re appears b e lo w $ ........................................ par am ount o f the securities issued in e x ch a n g e fo r the securities c o v e re d b y this receipt. FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States Government Bond Department Issues and Redemption Section Teller (Please print) (Official signature required) (Signature of authorized representative) SECURITY FILES DUE CUSTOMERS OUT Date Receipt is acknowledged of S................................................... par amount of □ 1% % TREAS. CERT. OF IND. SERIES B-1955 tendered in payment of your exchange subscription for a like par amount of □ 2% TREAS. NOTES OF SERIES B-1956 FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States Government Bond Department Issues and Redemption Section Teller REPORTS COPY \ Receipt is acknowledged o f subscription Name Date. ^ist of Subscribers of $5,000,000 and over Address for S................................................... exchanging a par amount of— n iy 8% TREAS. CERT. OF IND. SERIES B-1955 **■* for a like amount of— □ 2% TREAS. NOTES OF SERIES B-1956 FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States Government Bond Department Issues and Redemption Section Teller Amount Federal Reserve Bank of New York ACKNOWLEDGMENT OF EXCHANGE SUBSCRIPTION (Security Files Record) TO - - Receipt i9 acknowledged o f subscription for $................................................... exchanging a par amount of— □ 1% % TREAS. CERT. OF IND. SERIES B-1955 for a like amount of— □ 2% TREAS. NOTES OF SERIES B-1956 FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States Government Bond Department Issues and Redemption Section Teller No. Date....... SECURITY FILES DUE CUSTOMERS IN Date Receipt is acknowledged of $.................................................. par amount of □ 1ya% TREAS. CERT. OF IND. SERIES B-1955 tendered in payment of your exchange subscription for a like par amount of □ 2% TREAS. NOTES OF SERIES B-1956 FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States Government Bond Department Issues and Redemption Section Teller FEDERAL RESERVE BANK S E C —A T S — f . N - S O F NEW YO RK S E C U R IT IE S D E P A R T M E N T A D V IC E T O S U B S C R IB E R To Subscription No. Date Your cash subscription for $ United States of America 2 Percent Treasury Notes of Series B-1956, Dated May 17, 1955, Due Angust 15, 1956 lias been received by this Bank, as fiscal agent of the United States. Pursuant to Treasury Department Circular No. 960, which specifies the terms of the above-mentioned obligations of the United States, allotment notices will be sent out promptly upon allotment, and allotments will be made on the basis and up to the amounts indicated by the Secretary o f the Treasury to this Bank. F ederal R eserve B ank of New Y ork, Fiscal Agent of the United States. Checked by S E C —A T S —2 . N - S FED ERAL RESERVE BAN K °FNEWYORK To S E C U R IT IE S D E P A R T M E N T CARD RECORD ■ Subscription No. Date Cash subscription received from above subscriber for $ ^ United States of America 2 Percent Treasury Notes of Series B-1956, Dated May 17, 1955, Due Angust 15,1956 FEDERAL RESERVE BANK ° FNEWYORK To > S E C - A T B - 3 .N - * S E C U R IT Y F I L E S C O P Y . kcur,™ , department Subscription No. Date Cash subscription received from above subscriber for $ United States of America 2 Percent Treasury Notes of Series B-1956, Dated May 17, 1955, Due Angust 15,1956 Subscription Number F E D E R A L R E SER VE BANK OF NEW YORK F ISCAL A G E N T OF T H E U N I T E D S T A T E S 1 To Subscriber: (par amount) of— On your subscription, numbered as above, for $ U N ITE D S T A T E S OF A M E R IC A 2 PER CENT T R E A S U R Y N O TE S OF SERIES B -1956 D A T E D M A Y 17, 1 9 5 5 , D U E A U G U S T 15, 1956 which you filed pursuant to the provisions of Treasury Department Circular No. 960, dated May 3, 1955, the Secretary of the Treasury has allotted notes to you in the amount of— $ Important 1. To expedite delivery of the securities allotted to you and to facilitate prompt completion of this transaction, please fill in, sign and retu rn im m ediately th e a tta ch ed Letter o f Instructions to the F ed eral R eserve B ank o f N ew Y o rk , F iscal A g e n t o f th e U nited States, N ew Y o rk 45, N. Y . Paym ent 2. If payment for securities allotted is made on or before May 17, 1955, payment must be made at par; if made after May 17, 1955, payment must be made at par plus accrued interest. Payment may be made by check, cash, charge, or credit as follows: B y C h e c k — The check should be made payable to the order o f the FEDERAL RESERVE BANK OF NEW YORK, FISCAL AGENT OF THE UNITED STATES. The securities will not be delivered by this Bank until the proceeds o f a check have been collected. The proceeds o f a check drawn on the Federal Reserve Bank o f New York are immediately available. B y C a sh — Payment may be made in cash. B y C h a r g e — A member bank may make payment by requesting us to charge its reserve account, or a nonmember clearing bank may make payment by requesting us to charge its clearing account. B y C r e d it— (a ) I f subscriber is a depositary o f public moneys qualified under the provisions o f Treasury Department Circular No. 92 (Revised), it will be permitted to make payment by credit in the Treasury Tax and Loan Account for the securities allotted to it for its own account and for its customers (up to any amount for which it shall be qualified in excess o f existing deposits). (b ) Securities o f this issue allotted to a qualified depositary for its own account may be pledged with the Federal Reserve Bank o f New York as collateral security for deposits in the Treasury Tax and Loan Account. D elivery 3. (a) Delivery o f the securities allotted will be made by the Federal Reserve Bank of New York at its Head Office in New York City, and will not be made before May 17, 1955. (b) The securities will be delivered over the counter to a representative of the subscriber, provided the representa tive presents a letter o f authority identifying him and signed officially by the subscriber. S afekeeping 4. Securities allotted to member banks for their own account may be left with this Bank for safekeeping pursuant to the terms o f our Operating Circular No. 14. F e d e r a l R e se r v e B a n k of N e w Y Fiscal Agent o f the United States. Checked by. nans ork, (This letter of instructions, accompanied by attached duplicate copy, should be filled in and returned to Federal Reserve Bank of New York) Subscription Number LETTER OF INSTRUCTIONS To F e d e r a l R eserve B a n k o f N e w Y o r k , Fiscal Agent of the United States, Federal Reserve P. 0 . Station, New York 45, N. Y. Attention: Government Bond Department— 2nd Floor From ( Name and address of Subscriber) Dated a t ............... .1955 > On our subscription, numbered as above, for $ (par amount) of— U NITED ST A T E S OF AM ERICA 2 PERCENT TREASU RY NOTES OF SERIES B-1956 D A T E D M A Y 17, 1955, DUE AU G U ST 15, 1956 which we filed pursuant to the provisions of Treasury Department Circular No. 960, dated May 3, 1955, we have received |r your notice o f allotment stating that the Secretary of the Treasury has allotted notes to us in the amount of— $ As requested, we send you the following instructions: Payment for the securities allotted will be made— □ By charge to our reserve account, which you are authorized to make □ By check □ By cash □ By credit to Treasury Tax and Loan Account on our books as indicated on the attached Certificate of Deposit which we have officially executed. Denominations desired Denomi nation * Face amount Dispose of securities issued, as follows: (Leave this space blank) 1,000 5,000 □ 1. Deliver over the counter to the undersigned □ 2. Hold in safekeeping (for member bank only) □ 3. Hold as collateral for Treasury Tax and Loan Account □ 4. Ship to the undersigned □ 5. Special instructions: 10,000 100,000 The undersigned (i f a bank or trust company) hereby certifies that the securities to be disposed of as indicated in item 2 or 3 above are the sole property o f the undersigned. 1 ,0 0 0 ,0 0 0 (IM P O R T A N T : be accepted.) TOTAL , officially in the space provided and returned immediately to No changes in delivery instructions will (Please print) B y ................................................................ (Official signature required) (Title) Federal Reserve Bank of New York, Fiscal Agent of the United States. (Spaces below are for the use o f Federal Reserve Bank o f New York) Security Custody Department Government Bond Department Safekeeping Department Payment received signed: Deliver against payment Checked .................................................................. of I ..................................... signed: DELIVERY RECEIPT Received from Federal Reserve Bank o f New York, Fiscal Agent of the United States, the above described securities allotted in the amount indicated above. Date. Subscriber. By. r If payment is to be made by credit to Treasury Tax and Loan Account, the following Certificate of Deposit should Vbe officially executed. Certificate of Deposit in Treasury Tax and Loan Account To Federal Reserve Bank of New York Government Bond Department The undersigned depositary certifies that it will deposit on May 17, 1955, to the credit of Federal Reserve Bank of New York, Fiscal Agent of the United States, in the Treasury Tax and Loan Account, to be held subject to withdrawal on demand the above sum in payment 0f $ (par value) 2 percent Treasury Notes of Series B-1956, dated May 17, 1955, due August 15, 1956, allotted as per Notice of Allotment received from you. (N sm e o f depositary) B y .................................................................................... . (Official signature required) Address Dated .............................. (T itle) ...................................................................................................... Subscription Number (DU PLICATE FO R USE OF FE D E R A L RESERVE BANK OF N EW YO RK ) LETTER OF INSTRUCTIONS To F ederal R eserve B ank op New Y ork, Fiscal Agent of the United States, Federal Reserve P. 0 . Station, New York 45, N. Y . j, Attention: Government Bond Department— 2nd Floor * From ( Name and address o f Subscriber) Dated a t ................ .1955 ► ► On our subscription, numbered as above, for $ (par amount) of— U N ITE D S T A T E S OF A M E R IC A 2 PER CE N T T R E A S U R Y N O T E S OF SERIES B -1956 D A T E D M A Y 1 7 , 1 9 5 5 , D U E A U G U S T 15, 1956 > ^ which we filed pursuant to the provisions o f Treasury Department Circular No. 960, dated May 3, 1955, we have received i# your notice o f allotment stating that the Secretary o f the Treasury has allotted notes to us in the amount of— P As requested, we send you the following instructions: Payment for the securities allotted will be made— 0 □ B y charge to our reserve account, which you are authorized to make □ By check □ By cash □ By credit to Treasury Tax aud Loan Account on our books as indicated on the attached Certificate of Deposit which we have officially executed. Denominations desired Denomi nation ieces $ Face amount Dispose of securities issued, as follows: (Leave this space blank) 1,000 5,000 □ 1. Deliver over the counter to the undersigned □ 2. Hold in safekeeping (for member bank only) □ 3. Hold as collateral for Treasury Tax and Loan Account □ 4. Ship to the undersigned □ 5. Special instructions: 10,000 100,000 The undersigned ( i f a bank or trust com pany) hereby certifies that the securities to be disposed o f as indicated in item 2 or 3 above are the sole property o f the undersigned. 1,000,000 TO TAL (I M P O R T A N T : be accepted.) No changes in delivery instructions will This letter o f instructions must be signed officially in the space provided and returned immediately to Submitted by .................................................................................................................. Federal Reserve Bank o f New Y ork, Addreai ........................................................................................................................... . (Please pnnt) fiy........................................................................... » (Official signature required) .......................... (Title) Fiscal Agent o f the United States. (Spaces below are for the use o f Federal Reserve Bank o f New York) Government Bond Department Security Custody Department Safekeeping Department Payment received signed: Counted ..................................................................... Deliver against payment o f $ ................................... Checked ..................................................................... signed: D E LIV E R Y RECEIPT Received from Federal Reserve Bank o f New York, Fiscal Agent o f the United States, the above described securities allotted in the amount indicated above. Date Subscriber BJ ALLOTMENT NOTICE FOR GOVERNMENT BOND DEPARTMENT 4 * * To Subscriber: ^ f On your subscription, numbered as above, for $ (par amount) of— U N IT E D S T A T E S OF A M E R IC A 2 PER CENT T R E A S U R Y N O T E S OF SERIES B -1956 D A T E D M A Y 17, 1 9 5 5 , D UE A U G U S T 15, 1956 ^ which you filed pursuant to the provisions o f Treasury Department Circular No. 960, dated May 3, 1955, the Secretary of £ the Treasury has allotted notes to you in the amount of— > $ ► Date Treas. Tax & Loan Acc. Charge Cash Delivery teller Got. Deposit Ship Allotment Premium and/or interest Disposition Purchase price Deposit Over counter Safekeeping 1 Principal due Refund Special delivery instructions Balance Accrued interest Amount due n ALLOTMENT NOTICE FOR SECURITIES DEPARTMENT f To Subscriber: On your subscription, numbered as above, for $ > (par amount) of— U N IT E D S T A T E S OF A M E R IC A 2 PER CE N T T R E A S U R Y N O T E S OF SERIES B -195 6 D A T E D M A Y 17, 1 9 55 , D UE A U G U S T 15, 1956 ^ which you filed pursuant to the provisions of Treasury Department Circular No. 960, dated May 3, 1955, the Secretary of ig the Treasury has allotted notes to you in the amount of— > ► $ F ed eral R eserve B a n k of N ew Y ork FILLED ALLOTMENT DELIVERY TICKET i* To Subscriber: On your subscription, numbered as above, for $ > Q (par amount) of— U N IT E D S T A T E S OF A M E R IC A 2 PER CENT T R E A S U R Y N O T E S O F SERIES B -1956 D A T E D M A Y 17, 1 9 5 5 , D U E A U G U S T 15, 1956 which you filed pursuant to the provisions o f Treasury Department Circular No. 960, dated May 3, 1955, the Secretary of jg the Treasury has allotted notes to you in the amount of— ALLOTMENT NOTICE FOR SECURITY FILES 7 I To Subscriber: V L On your subscription, numbered as above, for $ (par amount) of— U N IT E D S T A T E S O F A M E R IC A 2 PER CE N T T R E A S U R Y N O T E S O F SERIES B -195 6 D A T E D M A Y 1 7 , 1 9 5 5 , D U E A U G U S T 15, 19 56 p which you filed pursuant to the provisions of Treasury Department Circular No. 960, dated May 3, 1955, the Secretary of m the Treasury has allotted notes to you in the amount of—