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FEDERAL RESERVE BANK OF N E W YORK Fiscal Agent of the United States 'Circular No. 3 4 3 2 1 May 12, 1942 J SUBSCRIPTION BOOKS TO CLOSE MAY 14, 1942 On Cash Offering of 2y2 Percent Treasury Bonds of 1962-67 To all Banking Institutions, and Others Concerned, in the Second Federal Reserve District: In accordance with instructions received today from the Secretary of the Treasury, the subscription books for the current offering of 2Y2 percent Treasury Bonds of 1962-67, dated May 5, 1942, due June 15,1967, will close at the close of business Thursday, May 14, 1942. Subscriptions addressed to a Federal Reserve Bank or Branch and placed in the mail before 12 o 'clock midnight Thursday, May 14, 1942, will be considered as having been entered before the close of the subscription books. ALLAN SPEOUL, President.