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F E D E R A L R E S E R V E BA N K O F N E W YORK Fiscal Agent of the United States r Circular N o. 4 7 4 2 1 L M ay 15, 1959 J T R E A S U R Y ’S C U R R E N T E XC H A N G E OFFERIN G F in a l R esu lts T o A ll B anking Institutions, and Others Concerned, in the Second Federal R eserve D istrict: The follow in g statement was made public tod a y: The Treasury Department today announced the results o f the current exchange offering o f 4 percent Treasury Certificates o f Indebtedness o f Series B-1960, dated May 15, 1959, m aturing May 15, 1960, and open to holders o f $1,816,517,000 o f 1*4 percent certificates o f indebtedness m aturing May 15. Amounts exchanged were divided among the Federal Reserve Districts and the Treasury as follow s: Federal R eserve D istrict Total subscriptions received and allotted Boston ...................................................... New Y ork ............................................... P h ila d e lp h ia ........................................... Cleveland ............................................... Richmond ............................................... Atlanta .................................................... Chicago ................................................... St. L o u i s ................................................. Minneapolis ........................................... Kansas City ........................................... Dallas ...................................................... San Francisco ....................................... Treasury ............................................. T o ta l ......................................... $ 38,865,000 764,754,000 18,199,000 49,907,000 22,563,000 22,889,000 166,419,000 28,511,000 35,262,000 54,588,000 24,588,000 33,445,000 9,448,000 $1,269,438,000 The amount o f the maturing certificates fo r cash redemption is $547.1 million. A lfred H ayes, P r esid en t.
@FedFRASER