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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—