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FEDERAL RESERVE BANK
OF NEW YORK
Fiscal Agent of the United States

-Circular No. 1 6 4 7 1
March 2.1936 J

Cash Subscription Books Closed
On Offering of United States of America 2% Percent Treasury
Bonds of 1948-51
On Offering of United States of America 1 ^ Percent Treasury
Notes of Series A-1941

To all Banks and Others Concerned
in the Second Federal Reserve District:

In accordance with instructions received today from the Treasury Department
the subscription books for the offering of United States of America 2% percent
Treasury Bonds of 1948-51, dated and bearing interest from March 16, 1936, due
March 15, 1951, and the subscription books for the offering of United States of
America I1/? percent Treasury Notes of Series A-1941, dated and bearing interest
from March 16, 1936, due March 15, 1941, were closed at the close of business today,
Monday, March 2, 1936, for the receipt of cash subscriptions. Any cash subscription
placed in the mail before midnight, Monday, March 2,1936, as evidenced by postomce
cancellation, will be considered a timely subscription.
The books will remain open until further notice for the receipt of exchange
subscriptions for each of these offerings in payment of which Treasury Notes of
Series C-1936, maturing April 15, 1936, may be tendered.




GEORGE L. HARRISON,

President.