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FED ERAL R E SE R V E BANK OF NEW YORK Fiscal A gent o f the United States r C ircu la r No. 4 6 3 7 T L A ugust 26, 1958 J R E S U L T S O F B ID D IN G FOR 9 2 -D A Y TREASU RY B IL L S D A T E D A U G U S T 28, 1958 T o all Incorporated Banks and Trust Companies, and O thers Concerned, in the Second Federal R eserv e D istrict: A t the time o f printing our Circular No. 4636, dated A ugust 26, 1958, announcing an offerin g o f 91-day T reasury bills, to be dated Septem ber 4, 1958, the results o f bidding fo r the previous w eek ’s issue o f 92-day T reasury bills, to be dated August 28, 1958, and to mature N ovem ber 28,1958, were not available. The results, now avail able, a re: T ota l applied fo r . . $2,463,498,000 T ota l accepted . . . . $1,800,138,000 (in clu des $272,424,000 entered on a n on com p etitiv e basis and accepted in full at the average p rice show n b e lo w ) R a n g e o f accepted com p etitive b id s : (e x ce p tin g fo u r tenders totalin g $1,250,000) H i g h ........................... 99.469 E quivalent rate o f discount ap p rox. 2.0 7 8 % per annum L ow ........................... 99.436 E quivalent rate o f discount approx. 2.207% per annum A v e r a g e .................... 99.448 E quivalen t rate o f discou n t ap p rox . 2 .1 6 2 % per annum (7 6 percent o f the am ount bid fo r at the low p rice was a ccep ted ) Federal R eserve D istrict B o s t o n ............................................................... N ew Y o r k ...................................................... P h ila d e lp h ia .................................................... C leveland ........................................................ R i c h m o n d ........................................................ A tlanta ............................................................. C h ica g o ........................................................... St. L o u i s ........................................................... M inneapolis .................................................... K ansas C i t y .................................................... Total A pplied f o r $ 34,297,000 1,785,406,000 32,870,000 101,582,000 14,432,000 30,917,000 254,932,000 23,386,000 14,579,000 50,707,000 Total A ccepted $ 34,297,000 1,161,766,000 25,870.000 101,582,000 14,432,000 30,917,000 222,212,000 23.386,000 14,579,000 50,707,000 D allas ............................................................... 31,479,000 31,479,000 San F r a n c i s c o ............................................... 88,911,000 88,911.000 T o ta l ........................................... $2,463,498,000 $1,800,138,000 A lfred H ayes, President.
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