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FEDERAL RESERVE BANK OF NEW YORK F iscal A gen t of the United States J" C ircular N o. 4 3 9 3 "I L N ovem ber 29, 1956 J TREASURY’S CURRENT EXCHANGE OFFERINGS Final Results To All Banking Institutions, and Others Concerned, in the Second Federal Reserve District: The following statem ent was made public today: The T reasury D epartm ent today announced the results of the cu rren t exchange offer ing of 31,4 percent Tax A nticipation Certificates of Indebtedness of Series C-1957, m aturing Ju n e 24, 1957, and 3^4 percent T reasury Certificates of Indebtedness of Series D-1957, m atu rin g October 1, 1957, both series to be dated December 1, 1956, and open to holders of $9,083,218,000 of 2% percent certificates of indebtedness m aturing December 1, 1956. Subscriptions for the two new issues am ounted to $8,583,470,000, leaving $499,748,000 of the m aturing certificates fo r cash redem ption. Amounts exchanged were divided among the several F ederal Reserve D istricts and the T reasury as follows: Series C-1957 Certificates Federal Reserve District Boston ............................................. New York ...................................... Philadelphia .................................. Cleveland ....................................... Richmond ...................................... A tlan ta ........................................... Chicago ........................................... St. Louis ......................................... Minneapolis .................................. Kansas City .................................. Dallas ............................................. San Francisco .............................. T reasury .................................... T ota l .................................... $ 43,029,000 812,593,000 29,370,000 71,903,000 19,308,000 25,596,000 142,525,000 35,597,000 32,591,000 24,497,000 17,706,000 54,847,000 2,891,000 $1,312,453,000 Series D-1957 Certificates $ 43,365,000 6,515,491,000 21,485,000 83,863,000 27,503,000 60,583,000 236,559,000 81,241,000 44,630,000 50,162,000 35,174,000 62,520,000 8,441,000 $7,271,017,000 A lfred H ayes, President.