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

Circular No.
1923
March 6, 1939

SUBSCRIPTION BOOKS TO CLOSE MARCH 8, 1939
On Offering of Additional Amounts of Three Outstanding Treasury Issues in
Exchange for Treasury Notes of Series A-1939, Maturing June 15, 1939

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

In accordance with instructions received today from Secretary of the Treasury
Morgenthau the subscription books for the offering of additional amounts of
United States of America 2% percent Treasury Bonds of 1960-65, at 102%
and accrued interest from December 15, 1938,
United States of America 2% percent Treasury Bonds of 1950-52, at
and
United States of America lVs percent Treasury Notes of Series B-1943, due
December 15, 1943, at 101 and accrued interest from December 15, 1938,
in payment of the face amount of which only United States of America Treasury Notes
of Series A-1939, maturing June 15, 1939, may be tendered, will close at the close of
business, Wednesday, March 8, 1939. Any subscription addressed to a Federal
Reserve bank or branch and placed in the mail before midnight, Wednesday, March
8, 1939, as evidenced by post-office cancellation, will be considered a timely subscription.




GEORGE L. HARRISON,

President.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102