Full text of Federal Reserve Bank of New York Circulars : 4272. Treasury's Current Cash Offering, 2 1/4% Tax Anticipation Certificates of Indebtedness of Series C-1956, Amount of Subscriptions

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FE D E R A L R E SE R V E BANK
OF NEW YORK
Fiscal Agent of the United States

r Circular N o. 4 2 7 2 T
L
O ctober S, 1955
J

TREASURY’S CURRENT CASH OFFERING
2^4 Percent Tax Anticipation Certificates of Indebtedness of Series C-1956

Amount o f Subscriptions

T o A ll Banking In stitution s, and Others Concerned,
in the Second Federal R eserve D is tr ic t:




The following statement was made public tod ay:
The Treasury Department announced today that about $8 . 6 billion of
subscriptions for the current cash offering of $2 % billion of tax anticipation
certificates of indebtedness had been received by the Federal Reserve Banks
through the close of business yesterday.
The basis of allotment on this issue will be announced tomorrow
morning.
A

llan

S protjl,

P resident.