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FEDERAL RESERVE BANK
OF NEW YORK
Fiscal Agent of the United States
I"Circular No. 2 4 7 2 " !
U August 6, 1942
J

Cash Offering of
% Percent Treasury Certificates of Indebtedness of Series B-1943
Dated and bearing interest from August 15, 1942

Due August 1, 1943

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

The following press statement was today made public:
Secretary of the Treasury Morgenthau today announced the offering, through the Federal
Reserve Banks, for cash subscription at par and accrued interest, of $1,500,000,000, or thereabouts,
of 7/s percent Treasury Certificates of Indebtedness of Series B-1943. In order to insure more
extensive participation on the part of banks, corporations, and others interested in a type of security
carrying maturities longer than Treasury bills, the subscription books will remain open two days, and
subscriptions up to $25,000 will be allotted in full. There will be no restrictions as to the basis for
subscribing to this issue.
The certificates will be dated August 15, 1942, will be payable on August 1, 1943, and will bear
interest at the rate of seven-eighths of one percent per annum, payable on a semiannual basis on February 1 and August 1,1943. They will be issued in bearer form only, with two interest coupons attached,
in denominations of $1,000, $5,000, $10,000 and $100,000.
Pursuant to the provisions of the Public Debt Act of 1941, interest upon the certificates now
offered shall not have any exemption, as such, under Federal Tax Acts now or hereafter enacted. The
full provisions relating to taxability are set forth in the official circular released today.
Subscriptions will be received at the Federal Reserve Banks and Branches, and at the Treasury
Department, Washington. Banking institutions and security dealers generally may submit subscriptions for account of customers, but only the Federal Reserve Banks and the Treasury Department are
authorized to act as official agencies. Subscriptions for the certificates from banks and trust companies
for their own account will be received without deposit, but subscriptions from all others must be accompanied by payment of 5 percent of the amount of certificates applied for.
The basis of allotment of subscriptions over $25,000 will be publicly announced, and payment for
any certificates allotted must be made or completed on or before August 15,1942, or on later allotment.
These certificates will be redeemed in cash at maturity and will carry no exchange privileges.

The terms of this offering are set forth in Treasury Circular No. 693, dated August 6,
1942, a copy of which is printed on the reverse side.
The subscription books are now open, and applications will be received by this bank as fiscal
agent of the United States. Subscriptions should be made on official subscription blanks and
mailed immediately or, if filed by telegram or letter, should be confirmed immediately by mail
on the blanks provided. Telegraphic or letter subscriptions to the cash offering entered by a
bank should state the amount subscribed for the bank's own account and the number of
subscriptions, at each amount, entered for the customers of the subscribing bank.




AT.T.ATT SPROUL,

President.

UNITED STATES OF AMERICA
7/8 P E R C E N T T R E A S U R Y C E R T I F I C A T E S

OF INDEBTEDNESS

Dated and bearing interest from August 15, 1942
1942
Department Circular No. 693

O F S E R I E S B-1943

Due August 1, 1943
TREASURY DEPARTMENT,
O F F I C E OF T H E S E C R E T A R Y ,

Fiscal Service
Bureau of t h e Public Debt

Washington,
I. O F F E R I N G

OF

August

6, 1942.

CERTIFICATES

1. The Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, as amended,
invites subscriptions, at par and accrued interest, from the people of the United States for certificates of indebtedness of the United States, designated % percent Treasury Certificates of Indebtedness of Series B-1943. The
amount of the offering is $1,500,000,000, or thereabouts.
II. D E S C R I P T I O N

OF

CERTIFICATES

1. The certificates "will be dated August 15, 1942, and will bear interest from that date at the rate of % percent per annum, payable on a semiannual basis on February 1 and August 1, 1943. They will mature August 1,
1943, and will not be subject to call for redemption prior to maturity.
2. The income derived from the certificates shall be subject to all Federal taxes, now or hereafter imposed.
The certificates shall be subject to estate, inheritance, gift or other excise taxes, whether Federal or State, but
shall be exempt from all taxation now or hereafter imposed on the principal or interest thereof by any State,
or any of the possessions of the United States, or by any local taxing authority.
3. The certificates will be acceptable to secure deposits of public moneys. They will not be acceptable in
payment of taxes and will not bear the circulation privilege.
4. Bearer certificates with two coupons attached will be issued in denominations of $1,000, $5,000, $10,000
and $100,000. The certificates will not be issued in registered form.
5. The certificates will be subject to the general regulations of the Treasury Department, now or hereafter
prescribed, governing United States certificates.
III. S U B S C R I P T I O N

AND

ALLOTMENT

1. Subscriptions will be received at the Federal Reserve Banks and Branches and at the Treasury Department, Washington. Subscribers must agree not to sell or otherwise dispose of their subscriptions, or of the
securities which may be allotted thereon, prior to the closing of the subscription books. Banking institutions
and security dealers generally may submit subscriptions for account of customers, but only the Federal Reserve
Banks and the Treasury Department are authorized to act as official agencies. Others than banking institutions
and security dealers will not be permitted to enter subscriptions except for their own account. Subscriptions
from banks and trust companies for their own account will be received without deposit. Subscriptions from all
others must be accompanied by payment of 5 percent of the amount of certificates applied for.
2. The Secretary of the Treasury reserves the right to reject any subscription, in whole or in part, to allot
less than the amount of certificates applied for, and to close the books as to any or all subscriptions at any time
without notice; and any action he may take in these respects shall be final. Subject to these reservations, subscriptions for amounts up to and including $25,000 will be allotted in full. The basis of the allotment on all other
subscriptions will be publicly announced, and allotment notices will be sent out promptly upon allotment.
IV.

PAYMENT

1. Payment at par and accrued interest, if any, for certificates allotted hereunder must be made or completed on or before August 15, 1942, or on later allotment. In every case where payment is not so completed, the
payment with application up to 5 percent of the amount of certificates applied for shall, upon declaration made
by the Secretary of the Treasury in his discretion, be forfeited to the United States. Any qualified depositary
will be permitted to make payment by credit for certificates allotted to it for itself and its customers up to any
amount for which it shall be qualified in excess of existing deposits, when so notified by the Federal Reserve
Bank of its District.
V. G E N E R A L

PROVISIONS

1. As fiscal agents of the United States, Federal Reserve Banks are authorized and requested to receive
subscriptions, to make allotments on the basis and up to the amounts indicated by the Secretary of the Treasury
to the Federal Reserve Banks of the respective districts, to issue allotment notices, to receive payment for certificates allotted, to make delivery of certificates on full-paid subscriptions allotted, and they may issue interim
receipts pending delivery of the definitive certificates.
2. The Secretary of the Treasury may at any time, or from time to time, prescribe supplemental or amendatory rules and regulations governing the offering, which will be communicated promptly to the Federal
Reserve Banks.




HENRY MORGENTHAU, J R . ,
Secretary of the Treasury.

SL. 2

Special Notice to Subscribers in the
Second Federal Reserve District Located Outside
the Borough of Manhattan of the City of New York
If you desire delivery of securities on August 15, 1942, "Letter
of Instructions" accompanying allotment notice should be filled in
and signed officially and mailed to this hank on Wednesday, August
12, 1942 in the special return envelope enclosed herewith.
FEDERAL RESERVE BANK OF NEW YORK,

Fiscal Agent of the United States.

Special Notice to Subscribers Located in the
Borough of Manhattan of the City of New York
If you desire delivery of securities on August 15, 1942, "Letter
of Instructions" accompanying allotment notice should be filled in
and signed officially and returned to this bank by messenger by
NOON, Wednesday, August 12, 1942.
FEDERAL RESERVE BANK OF NEW YORK,


SL. 1


Fiscal Agent of the United States.

FEDERAL RESERVE BANK
OF N E W YORK

SEC-AT8-I.C
SECUR.TIES DEPARTMENT

ADVICE TO SUBSCRIBER
Acknowledging Receipt of Cash Subscription
For United States Government Obligations Mentioned Below

To

Application No.
Date

r

n

L

J
Your cash subscription for $

United States of America 7/$ Percent Treasury Certificates of Indebtedness, Series B-1943, Dated August 15, 1942, Due August 1, 1943

has been received by this bank, as fiscal agent of the United States, and, pursuant to the provisions of the TreasuryDepartment's circular offering the above-mentioned obligations of the United States, allotment notices will be
sent out promptly upon allotment and allotments will be made on the basis and up to the amounts indicated by
the Secretary of the Treasury to this bank.
F E D E R A L R E S E R V E B A N K OF N E W Y O R K ,

Fiscal Agent of the United States.

Checked by.



FEDERAL RESEBVE BANK
O F NEW YORK

CARD

SEC-ATS-2.C
SECURITIES DEPARTMENT

RECORD

To

Application

No.

Date

Cash subscription received
f r o m above subscriber f o r $
United States of America % Percent Treasury Certificates of Indebtedness, Series B-1943, Dated August 15, 1942, Due August 1, 1943




AMOUNT

ALLOTTED

$.

FEDERAL RESERVE BANK
O F NEW YORK

PAYMENT AND DISPOSITION

SEC—ATS—3. C
SECURITIES DEPARTMENT

RECORD

To

Application

No.

Bate

Cash subscription received
f r o m above subscriber f o r $
United States of America % Percent Treasury Certificates of Indebtedness, Series B-1943, Dated August 15, 1942, Due August 1, 1943
DATE

BOOK CREDIT

CHARGE

CASH

DELIVERY TELLER

GOV. DEPOSIT

SHIP

LLOTMENT
I E M I U M AND/OR
INTEREST
DISPOSITION

JRCHASE PRICE
EPOSIT
ILNCIPAL DUE
2FUND
\LANCE
X R U E O INT.


VIOUNT DUE


OVER COUNTER

1

SAFEKEEPING

1

1

SPECIAL DELIVERY INSTRUCTIONS

1

ADVICE O F CREDIT TO WAR LOAN D E P O S I T A C C O U N T

B-BC

APPLICATION

FEDERAL RESERVE BANK
O F NEW YORK

NO.

r
J
IN A C C O R D A N C E W I T H Y O U R C E R T I F I C A T E O F A D V I C E . W E HAVE T H I S DAY C R E D I T E D
Y O U R " W A R L O A N D E P O S I T A C C O U N T " WITH T H E A M O U N T I N D I C A T E D A B O V E .
ACCOUNT OF ALLOTMENT OF

7% Percent Treasury Certificates of Indebtedness Series B-1943
/
Dated August 15, 1942
Due August 1, 1943



F E D E R A L R E S E R V E BANK O F N E W YORK
FISCAL

AGENT

OF

THE

UNITED

STATES

SOVERNMENT

BOND

DEPARTMENT

BOOK CREDIT PAYMENT

B-BC
FEDERAL RESERVE BANK
O F NEW YORK

APPLICATION

NO.

DATE

IN A C C O R D A N C E W I T H Y O U R C E R T I F I C A T E O F A D V I C E . W E HAVE T H I S DAY C R E D I T E D
Y O U R " W A R L O A N D E P O S I T A C C O U N T " WITH T H E A M O U N T I N D I C A T E D A B O V E .
ACCOUNT O F ALLOTMENT O F

T Percent Treasury Certificates of Indebtedness Series B-1943
%
/
Dated August 15, 1942
Due August 1, 1943



Application Number

CASH SUBSCRIPTION
BY

OTHER

THAN

A

BANKING

INSTITUTION

To United States Government Obligations
Described Below
Dated at
1942

Important
Security dealers should submit subscriptions (for account of both themselves and their customers) through banking institutions.
Subject to the reservations set forth in Treasury Department Circular No. 693, subscriptions for amounts up to
and including $25,000 will be allotted in full.
This application must be accompanied by payment of 5 percent of the amount applied for.
Subscriptions can be made only for $1,000 or in multiples of $1,000.
One day's interest on $1,000 on coupon payable February
F E D E R A L RESERVE B A N K OP N E W

1, 1943 (184 day period) is $0.023777174

YORK,

Fiscal Agent of the United States,
New York, N. Y.
DEAR SIRS :

Pursuant to the provisions of Treasury Department Circular No. 693, dated August 6, 1942, please enter
subscription for $

(par value)

UNITED STATES OF AMERICA % PERCENT TREASURY CERTIFICATES
OF INDEBTEDNESS, SERIES B-1943, DATED AUGUST 15, 1942,
DUE AUGUST 1, 1943
The undersigned subscriber
(a) certifies that no arrangements have been or will be made for the sale or other disposition of this subscription, or of the securities which may be allotted thereon, prior to the closing of the subscription books; and
(b) agrees, in consideration of the receipt by you of this subscription, to make payment in full for the entire amount
which may be allotted on this subscription, at par on or before the date of issue, or at par and accrued interest if
on later allotment. If such payment is in excess of the amount deposited with this application the balance of the
payment due you will be made by the undersigned or (name)
in the manner indicated below.
By check

•

By cash
Subscriber
Sign here

(Official Signature Required)

Q

Confirmation of a telegram

...
(Print name)

TO SUBSCRIBER:
Mark ( X ) in proper space
to indicate if this is:
Original subscription

•

Street address.

|~{

Confirmation of a letter

(City, Town or Village, and State)

SPACES BELOW ARE FOR T H E USE OF THE F E D E R A L RESERVE BANK OF N E W YORK
ALLOTMENT AND PAYMENT

SUBSCRIPTION RECORD
BLOTTER

E X A M I N E D FOR
CLASSIFICATION

ALLOTMENT

3 W N ACCOUNT
CHECKED

CHECKED

DEPOSIT

EXAMINED

CARDED

REFUNDED

ACKNOWLEDGED




BALANCE
DISPOSITION

FIGURED

CHECKED

DATE
DATE
DATE PAID

ADVISED
BY

("ash Subscription by Banking Institution

Application Number

To United States Government Obligations
Described Below
Dated a t

Important
Subject to the reservations set forth in Treasury Department Circular No. 693, subscriptions for amounts up to
and including $25,000 will be allotted in full.
Subscriptions can be made only for $1,000 or in multiples of $1,000.
One day's interest on $1,000 on coupon payable February 1, 1943 (184 day period) is $0.023777174
F E D E R A L R E S E R V E B A N K OP N E W Y O R K ,

Fiscal Agent of the United States,
New York, N. Y.
DEAR SIRS :

Pursuant to the provisions of Treasury Department Circular No. 693, dated August 6, 1942, please enter subscription as follows for
UNITED STATES OF AMERICA % PERCENT TREASURY CERTIFICATES
O F I N D E B T E D N E S S , S E R I E S B-1943, D A T E D A U G U S T 15, 1942,
DUE AUGUST

1,

1943

•For our own account (not classified below).. $
•For our customers (classified below)
_
Total Subscription
$
CLASSIFICATION OF CUSTOMERS' SUBSCRIPTIONS
(For example: Class A —10 at $1,000)
(To S U B S C R I B E R : DO not show on this form denominations of securities of this issue to be desired on
CLASS A
Subscription!) of $1,000
dumber of
Amount
I-eave Blank
•ubscript'o
of Each

CLASS B
Subscriptions over $1,000 to $10,000 Incl.
Number of 1
Amount
Subscript's I
of Each
Leave Blank

at

allotment.)

CLASS CI
CLASS C2
Subecriptions over $10,000 to $25,000 Incl. Subscriptions over $25,000 to $50,000 Incl.
Number of 1
Amount
Number of 1
Amount
Subscript's 1
of Each
Leave Blank Subscripts |
of Each
Leave Blank

At

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

.
«

' '

1

1

CLASS D
CLASS E
CLASS P
CLASS Q
Subscriptions over $60,000 to $100,000 Incl. Sub's over $100,000 to $800,000 Inclusive Bub's over $800,000 to $1,000,000 Inclusive
Subscriptions of over $1,000,000
Number of I
Amount
Number of 1
Amount
Number of 1
Amount
Number of 1
Amount
Leave Blank
of Each
Subscript's I
of Each
Subscript's 1
of Each
Lttre Blank Subscript's!
Leave Blank
Subscript's I
of Each
Leave Blank
at

at

at

at

at

at

at
at
*******

at

at

at

at

at

nt

at

at

at

at

at

at

at
at

• •

•.

..-..-.

at

•

-

at

...

_
_

- " ••• " """

We hereby certify:
..
. . ...
. . .
(a) that we have received applications from our customers in the amounts set opposite the customers' names listed on
the reverse side of this form which is made a part of this subscription; that there has been paid to us by each such
customer, not subject to withdrawal until after allotment and payment in full for securities allotted, five percent
of the amount applied for; and
(b) that this subscription is solely for our own account or for the account of the customers specified herein; that no
arrangements have been or will be made for the sale or other disposition of our subscription, or of the securities
which may be allotted thereon, prior to the closing of the subscription books; and that our customers whose subscriptions are included herein will be requested to confirm to us their agreement to the same conditions with respect
to their subscriptions.
We agree :
*
in consideration of the receipt by you of this subscription, to make payment in full for the entire amount which
uuucuh/ui,, o u v u p a j m c u i
u*s rnaue uy i n e m e t n o d i n d i c a t e d hereon.
By charge to our reserve account, which you are
authorized to make - Q
By credit to War Loan Deposit Account
By check

Q

TO SUBSCRIBER:
Mark ( X ) in proper spaces
to indicate if this is:

•

Fill in all required spaces before signing.

(Name of Banking Institution)

Original subscription
Confirmation of a t e l e g r a m . . .
Confirmation of a letter

By

•
•
•

(Title)

. .(Official signature) .

Address.
.. (City, Town or-Village, and State)

* NOTE :

Securities of this issue allotted to a qualified depositary for its own account may be paid for by credit to War Loan Deposit Account
and may also be deposited with Federal Reserve Bank of New York as collateral security for such Account.
Securities of this issue allotted to a qualified depositary for account of its customers may be paid for by credit to War Loan Deposit
Account, but may not be deposited with Federal Reserve Bank of New York as collateral security for such Account without the written consent
of the owners of aueh securities.
'
„ ,
SPACES BELOW ARE FOR THE USE OF THE FEDERAL RESERVE

I W N ACCOUNT
CHECKED
EXAMINED
K for FRASER
DigitizedN O W L E D G E D


CHECKED
CARDED

PAYMENT

ALLOTMENT

S U B S C R I P T I O N RECORD
E X A M I N E D FOR
CLASSIFICATION

BANK

•

•

*

-

Figured Checked Advised

DISPOSITION

D
R/A
B/C
C

—

-

.. .....

List of customers' applications included in the foregoing subscription
entered and certified by
(Name of banking institution)

Post office address

Name of Customer
(Please print or use




typewriter)

Address

State.

Amount

Subscribed

FEDERAL RESERVE B A N K OP N E W Y O R K

Application Number

Fiscal Agent of the United States

NOTICE OF ALLOTMENT
On Cash Subscription to United States Government Obligations
Applied for by Subscriber as Described Below
To

Subscriber:

1942

Referring to your subscription, numbered as above indicated, for $

(par value)

UNITED S T A T E S OF AMERICA % PERCENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES B-1943
D A T E D A U G U S T 15, 1942, DUE A U G U S T 1, 1943

for which you have applied under the provisions of the Treasury Department's circular containing the offering of such
securities for subscription, you have been allotted by the Secretary of the Treasury
$

of the amount applied for.

IMPORTANT INFORMATION FOR SUBSCRIBER
1. To expedite delivery of the securities of this issue allotted to subscriber and to facilitate prompt completion of
this transaction, please observe the following directions, and fill in, sign and return immediately the attached letter of
instructions to the Federal Reserve Bank of New York, Fiscal Agent of the United States, New York, N. Y.
Payment by Check, Cash, Charge or Credit
2. On or before the date of this issue payment must be made or completed at par, or at par and accrued interest if
payment is to be made after the date of this issue, for the securities allotted to subscriber as stated above, and payment
therefor may be made by check, cash, charge, or credit, as follows:
By Check—A
check tendered in payment should be made payable to the order of the FEDERAL RESERVE BANK OF NEW YORK,
FISCAL AGENT OF T H E UNITED STATES, and the proceeds thereof must be immediately available on the date that payment is due,
but such check need not necessarily accompany the attached letter of instructions. The proceeds of a check tendered in payment by
subscriber on the date of this issue, drawn on the Federal Reserve Bank of New York, will be immediately available on the date of this
issue. Should a subscriber wish to make payment by certified check on any other bank the securities can not be delivered until the
Federal Reserve Bank of New York, Fiscal Agent of the United States, receives the proceeds of such check, and, therefore, such subscriber
should t e n d e r auch certified check a t least 2 days prior t o t h e d a t e p a y m e n t is d u e if he wishes delivery of t h e securities on t h e
d a t e of this issue.
By Cash—Payment

may be made in cash.

By Charge—A
member bank may make payment by requesting us to charge its reserve account, or a nonmember clearing bank may make
payment by requesting us to charge its clearing account.
By Credit—(a)
If subscriber is a depositary of public moneys qualified under the provisions of Treasury Department Circular No. 92, dated
February 23, 1932, as amended, with respect to special deposits of public moneys under the Act of Congress approved September 24, 1917,
as amended, subscriber will be permitted to make payment by credit in the War Loan Deposit Account for securities of this issue allotted
to it for itself and its customers up to any amount for which it shall be qualified in excess of existing deposits.
(b) Securities of this issue allotted to a qualified depositary for its own account may be pledged with Federal Reserve Bank of New York
as collateral security for deposits in the War Loan Deposit Account. Securities of this issue allotted to a qualified depositary for account of
its customers may not be pledged as such collateral security without the written consent of the owners of such securities.

Delivery
3. (a) Delivery of the securities of this issue will be made by the Federal Reserve Bank of New York at its
head office in New York, N. Y., and will not be made before the issue date.
(b) Securities of this issue allotted to subscriber will be delivered over the counter to a representative of the
subscriber only when a letter of authority signed officially by the subscriber identifying such representative is presented
by him.
(c) Securities of this issue allotted to subscriber will be delivered to others under special instructions from subscriber but only when such securities are either the sole property of the subscriber or are the property of its customers who
have authorized the subscriber in writing to cause their said securities to be so delivered.
Further Instructions
4. (a)
Reserve Bank
member bank.
(b)
;his bank and

Securities of this issue will be held for safekeeping by, or delivered to the Discount Department of, the Federal
of New York for the account of member banks only, provided such securities are the sole property of the
It is requested that all blank spaces be typed in where necessary on the attached letter of instructions to
that such letter be signed officially and returned to this bank without delay.
FEDERAL RESERVE BANK OP NEW YORK,
Fiscal Agent of the United States

Checked by
VA-C




Application Number

LETTER OF INSTRUCTIONS
T o FEDERAL RESERVE BANK OF NEW YORK,

Fiscal Agent of the United States,
Government Bond Department,
New York, N. Y.
From (Name and address of Subscriber)
1942

Referring to our subscription, numbered as above indicated, for $

(par value)

UNITED S T A T E S OF AMERICA % PERCENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES B-1943
D A T E D A U G U S T 15, 1942, DUE A U G U S T 1, 1943

for which we applied under the provisions of the Treasury Department's circular containing the offering of such
securities for subscription, we have received your notice of allotment stating that we have been allotted by the Secretary
of the Treasury
$
of the amount applied for.
As requested we are sending you the following instructions:
Payment for such securities will be made or completed as indicated below.
By charge to our reserve account, which you are authorized to make

$

By check

$

By cash

$

By credit to War Loan Deposit Account as shown in the following "Certificate of Advice":

CERTIFICATE OF ADVICE

August 15, 1942

1 HEREBY CERTIFY that there has been deposited this day with the above bank or trust company, to the credit of
the Federal Reserve Bank of New York, as fiscal agent of the United States, War Loan Deposit Account, to be held
subject to withdrawal on demand through the Federal Reserve Bank of New York, the
sum of

-

Dollars, $

T o be executed only when subscriber is making
payment through War Loan Deposit Account.

Cashier or Vice

President.

Issue and dispose of securities allotted on this subscription as indicated below:
DISPOSITION
DENOMINATIONS

1. Deliver over the counter to the undersigned
$.
Leave Blank

Par Value

Pieces

xxx

2. Ship to the undersigned.
3. Hold in safekeeping
bank only)

xxx

(For member
$

4. Hold as collateral for War Loan
deposits
$

xxx
$1,000

5. Deliver as indicated below

5,000

Deliver to:

$
Againat
Payment of

P a r Amount

10,000
$

$

XX xxx

100,000

Total

and credit proceeds to our Reserve account,
or to our account with

The undersigned, if a bank or trust company, hereby certifies (a) that the securities which you are hereby or hereafter instructed
o dispose of in the manner indicated in item numbered 3 above are the sole property of the undersigned, and (b) that the securities
'hich you are hereby or hereafter instructed to dispose of in the manner indicated in items numbered 4 and S above are either the sole
roperty of the undersigned or the property of its customers who have authorized in writing such disposition.

This letter of instructions must be signed
officially in the space provided here and
returned immediately to
Federal Reserve Bank of New York,

Name of Subscriber.
By....

(Please print)

(Official signature required)

(Title)

Street address

Fiscal Agent of the United States.
City, Town or Village, and State.
DO NOT U S E SPACES BELOW

Delivery Receipt

PAYMENT RECORD

IYMENT RECEIVED

Taken from Vault




DELIVER AGAINST PAYMENT

Counted

Received from FEDERAL RESERVE BANK or NEW YORK the above described
United States Government obligations allotted in the amount indicated above.

Checked

Delivered

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