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FEDERAL RESERVE BANK OF N E W YORK Certificates of Indebtedness Department T Circular No. 288 1 [ J u n e 17, 1920 J C l o s i n g of S u b s c r i p t i o n B o o k s United States of America Treasury Certificates of Indebtedness Dated and Bearing Interest from J u n e 15, 1920 S e r i e s A 1 9 2 1 , 534 P e r C e n t D u e J a n u a r y 3 , 1 9 2 1 Series T J — 1 9 2 1 , 6 P e r C e n t D u e J u n e 1 5 , 1 9 2 1 To all Banks, Trust Companies, Savings Banks, Bankers, Investment Dealers and Principal Corporations in the Second Federal Reserve District: The Secretary of the Treasury has announced t h a t subscriptions for the 5H per cent. Treasury certificates of indebtedness of Series A 1921, dated June 15, 1920 and maturing January 3, 1921, and the 6 per cent. Treasury certificates of indebtedness of Series TJ-1921, dated June 15, 1920 and maturing June 15, 1921, closed at the close of business on Wednesday, June 16, 1920. Preliminary reports received by the Treasury from the twelve Federal Reserve Banks show t h a t the combined issue, which was for $400,000,000, has been oversubscribed. Further details as to the subscriptions will be announced by the Treasury Department when final reports are received from the Federal Reserve Banks. Very truly yours, J. H. CASE, Acting Governor