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FEDERAL RESERVE BANK OF N E W Y O R K Fiscal Agent of the United States R Circular N o . 2 6 0 1 1 L April 12, 1943 J CASH OFFERINGS OF 2j/2 7/s Per Per cent Treasury Bonds of 1964-69 2 Per cent Treasury Bonds of 1950-52 cent Treasury Certificates of Indebtedness of Series B-1944 To all Banking Institutions, and Others Concerned, in the Second Federal Reserve District: The following statement was made public on March 12, 1943: Secretary Morgenthau announced today that the United States Treasury will borrow during the month of April the huge sura of $13,000,000,000 in its Second W a r Loan drive. " E i g h t billion dollars of this total," he said, "will come from non-banking investors and the balance from banking sources, including the increased weekly offerings of Treasury Bills. " T h i s money, which is needed to back up our armed forces, will be raised through the continuing sale of W a r Savings Bonds, and Tax Savings Notes, Treasury Bills, and the offering of a number of new Treasury issues designed for every class and type of investor. " A s we move forward into full production in the war effort, it is increasingly important that every American invest in his Government's securities to the limit of his or her ability. " A s announced on March 3, a new organization under the title of United States Treasury W a r Finance Committee, will conduct the sales campaign beginning April 12 on the several issues of securities offered. In order to combine all of our forces behind the Second W a r Loan drive, this organization will bring together the Victory Fund Committees, which so successfully carried out the December campaign, and the W a r Savings Staff organizations, which have done such a grand job in the sale of W a r Savings securities. The President of the Federal Reserve Bank in each of the twelve districts is Chairman of the W a r Finance Committee in his district and will be in complete charge of the drive for that area." The offerings to be sold under the direction of the W a r Finance Committee will consist o f : 1. Twenty-six year 2 y 2 per cent bonds dated April 1 5 , 1 9 4 3 , due June 1 5 , 1 9 6 9 , callable June 15, 1964, to be issued in coupon or registered form at the option of the buyers. Commercial banks, which are defined f o r this purpose as banks accepting demand deposits, will not be permitted to own these bonds until April 15, 1953. There will be no limit to the amount of this issue and no restriction upon the issuance excepting the temporary exclusion of commercial banks from ownership for their own account. Subscription books will be opened April 12 and will remain open several weeks. The bonds will be sold in denominations from $500 to $1,000,000. 2. Two per cent Treasury bonds dated April 15, 1943, due September 15, 1952, callable September 15, 1950. This security will be available for subscription by commercial banks for their own account f o r the period April 28, 29 and 30. It will be available for subscription by all other classes of investors for the entire period of the drive. Sales to commercial banks will be limited to $2,000,000,000 or thereabouts. Applications from commercial banks in amounts up to $100,000 will be allotted in full and larger bank subscriptions on an equal percentage basis. A l l applications from other than commercial banks will be allotted in full. These bonds will be in denominations of from $500 to $1,000,000 and will be issued in coupon or registered form at the option of the buyer. On individual subscriptions of $1,000 or less, no accrued interest will be charged on the 2% or 2 * 4 % Bonds during the period of the drive, but accrued interest from April 15 will be collected on all subscriptions in excess of that amount entered after that date. 3. A % per cent Certificate of Indebtedness dated April 15, 1943, due April 1, 1944. This security will be available for subscription by commercial banks for their own account for the first three days of the drive, namely, April 12, 13 and 14, and will be available f o r subscription by all classes of investors during the entire period of the drive. Sales to commercial banks will be limited to $2,000,000,000 or thereabouts. Applications from commercial banks up to $100,000 will be allotted in full and larger bank subscriptions on an equal percentage basis, and all applications from other than commercial banks will be allotted in full. The certificates will be in denominations of $1,000 to $1,000,000 and will be issued in coupon form only. 4. Tax Savings Notes of Series C. 5. Series E W a r Savings Bonds. 6. United States Savings Bonds, Series F and G. A n y bank or trust company qualified to hold war loan deposits will be permitted to make payment by credit f o r securities, whether for its own account or that of its customers up to any amount f o r which it shall be qualified in excess of existing deposits. In addition to the foregoing securities offered during the month of April, the Treasury will offer on April 20, outside of the Second W a r Loan campaign, a % per cent one-year certificate of indebtedness dated May 1, in exchange for the Treasury certificates of indebtedness in the amount of $1,506,000,000, and Commodity Credit Corporation notes in the amount of $289,000,000, all maturing on that day. This exchange offering should not be considered as a precedent for future refunding operations of the Treasury. The terms of the above-mentioned offerings of 2y2 per cent bonds, 2 per cent bonds and % per cent certificates of indebtedness dated April 15, 1943 are set forth in full, respectively, in Treasury Circulars Nos. 708, 709 and 710, dated April 12, 1943, copies of which are printed on the following pages. Any qualified depositary will be permitted to make payment by credit for the per cent bonds allotted to its customers and for the 2 per cent bonds and % Ver cent certificates allotted to it for itself and its customers. COMPUTATION OF ACCRUED INTEREST Accrued interest to be collected on subscriptions for $25,000 or more for any of the three new issues dated April 15,1943, should be computed on an actual basis, using the following decimals: 2VZ Per cent Treasury Bonds of 1964-69 $0.06868 per day per $1,000 2 Per cent Treasury Bonds of 1950-52 $0.05435 per day per $1,000 7/s Per cent Certificates, Series B-1944 $0.02391 per day per $1,000 The following short form table, showing cents per day per $1,000, may be used in computing accrued interest to be collected on subscriptions for less than $25,000: Date Days April 16 1 April 17 2 April 18 Sunday April 19 4 April 20 5 April 21 6 April 22 7 April 23 8 2^'s $0.07 0.14 0.28 0.35 0.42 0.49 0.56 2's $0.05 0.10 0.20 0.25 0.30 0.35 0.40 7/s's $0.02 0.04 0.08 0.10 0.12 0.14 0.16 Date Days April 24 9 April 25 Sunday April 26 11 April 27 12 April 28 13 April 29 14 April 30 15 2^'s 0.63 2's 0.45 7/s's 0.18 0.77 0.84 0.91 0.98 1.05 0.55 0.60 0.65 0.70 0.75 0.22 0.24 0.26 0.28 0.30 Interest on all subscriptions should be figured to the date funds will be available at the Federal Reserve bank. No accrued interest need be collected on individual subscriptions for $500 or $1,000, of the 2 Per cent Treasury Bonds of 1950-52 or the 2y2 Per cent Treasury Bonds of 1964-69. SUBSCRIPTIONS 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 offerings 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. The tables set forth below show the various subscription forms to be used in entering subscriptions to these offerings and the periods during which the subscription books will remain open. USE OF SUBSCRIPTION FORMS Subscriber Banks accepting demand deposits: Own account Account of customers All other subscribers.... per cent Treasury Bonds of 1964~69 Coupon Form Registered Form Use Form No. 1 Use Form No. 1 Use Form No. 2 Use Form No. 2 . 2 per cent Treasury Bonds °f 1950-52 Coupon Form Registered Form Use Form No. 5* Use Form No. 5* Use Form No. 3 Use Form No. 4 Use Form No. 3 Use Form No. 4 % per cent Certificates of Indebtedness of Series B-1944 Coupon Form Only Use Form No. 7 Use Form No. 6 Use Form No. 6 PERIODS DURING WHICH SUBSCRIPTION BOOKS WILL REMAIN OPEN Banks accepting demand deposits: Own Account All other subscribers.... (including banks not accepting demand de pos,ts) Open April 28, April 29 and April 30 Open April 12 and will remain open for several weeks Open April 12 and will remain open for several weeks Open April 12,13 and 14 Open April 12 and will remain open for several weeks f o r m w ' " *?e mailed in time to reach banks accepting demand •ii * deposits on or prior to April 28, 1943, the day o n which the b o o k s will open for the receipt of subscriptions from banks accepting demand deposits. EXCHANGE OFFERING OF CERTIFICATES OF INDEBTEDNESS ON APRIL 20, 1943 In connection with the Treasury's announcement that it will offer on April 20, 1943, outside of the Second War Loan campaign, a % per cent one-year Certificate of Indebtedness dated May 1, 1943, in exchange for the Treasury 0.65 per cent Certificate of Indebtedness due May 1, 1943 and % per cent Commodity Credit Corporation Notes due May 1, 1943, a copy of the Treasury circular governing this exchange offering, as well as subscription forms to be used, will be made available on or prior to April 20, 1943, the day on which the books will open, A L L A N SPROUL, President. UNITED STATES OF AMERICA 2% PERCENT TREASURY BONDS OF 1964-69 Dated and bearing interest from April 15, 1943 Due June 15, 1969 REDEEMABLE AT THE OPTION OF THE UNITED STATES A T PAR AND ACCRUED INTEREST ON AND AFTER JUNE 15, 1964 Interest payable June 15 and December 15 1943 Department Circular No. 708 TREASURY DEPARTMENT, OFFICE OF THE SECRETARY, Fiscal Service Bureau of the Public Debt Washington, April 12, 1943. I. OFFERING OF BONDS 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 bonds of the United States, designated 2 ^ percent Treasury Bonds of 1964-69. These bonds will not be available for subscription, for their own account, by commercial banks, which are defined for this purpose as banks accepting demand deposits. The amount of the offering is not specifically limited. II. DESCRIPTION OF BONDS 1. The bonds will be dated April 15, 1943, and will bear interest from that date at the rate of percent per annum, payable on a semiannual basis on June 15 and December 15 in each year until the principal amount becomes payable. They will mature June 15, 1969, but may be redeemed at the option of the United States on aud after June 15, 1964, in whole or in part, at par and accrued interest, on any interest day or days, on 4 months' notice of redemption given in such manner as the Secretary of the Treasury shall prescribe. In case of partial redemption the bonds to be redeemed will be determined by such method as may be prescribed by the Secretary of the Treasury. From the date of redemption designated in any such notice, interest on the bonds called for redemption shall cease. 2. The income derived from the bonds shall be subject to all Federal taxes, now or hereafter imposed. The bonds 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 bonds will not be acceptable to secure deposits of public moneys before April 15, 1953; they will not bear the circulation privilege, and they will not be entitled to any privilege of conversion. 4. Bearer bonds with interest coupons attached, and bonds registered as to principal and interest, will be issued in denominations of $500, $1,000, $5,000, $10,000, $100,000 and $1,000,000. Provision will be made for the interchange of bonds of different denominations and of coupon and registered bonds, and for the transfer of registered bonds, under rules and regulations prescribed by the Secretary of the Treasury, except that they may not, before April 15, 1953, be transferred to or be held by commercial banks, which are defined for this purpose as banks accepting demand deposits. However, the bonds may be pledged as collateral for loans, including loans by commercial banks, but any such bank acquiring such bonds before April 15, 1953, because of the failure of such loans to be paid at maturity will be required to dispose of them in the same manner as they dispose of other assets not eligible to be owned by banks. 5. Any bonds issued hereunder which upon the death of the owner constitute part of his estate, will be redeemed at the option of the duly constituted representatives of the deceased owner's estate, at par and accrued interest to date of payment,1 Provided: (a) that the bonds were actually owned by the decedent at the time of his death; and (b) that the Secretary of the Treasury be authorized to apply the entire proceeds of redemption to the payment of Federal estate taxes. i An exact half-year's interest is computed for each full half-year period irrespective of the actual number of days in the half year. For a fractional part of any half year, computation is on the basis of the actual number of days in such half year. Registered bonds submitted for redemption hereunder must be duly assigned to ' ' The Secretary of the Treasury for redemption, the proceeds to be paid to the Collector of Internal Revenue at for credit on Federal estate taxes due from estate of " Owing to the periodic closing of the transfer books and the impossibility of stopping payment of interest to the registered owner during the closed period, registered bonds received after the closing of the books for payment during such closed period will be paid only at par with a deduction of interest from the date of payment to the next interest payment date2; bonds received during the closed period for payment at a date after the books reopen will be paid at par plus accrued interest from the reopening of the books to the date of payment. In either case checks for the full six months' interest due on the last day of the closed period will be forwarded to the owner in due course. All bonds submitted must be accompanied by Form PD 1782,3 properly completed, signed and sworn to, and by a certificate of the appointment of the personal representatives, under seal of the court, dated not more than six months prior to the submission of the bonds, Which shall show that at the date thereof the appointment was still in force and effect. Upon payment of the bonds appropriate memorandum receipt will be forwarded to the representatives, which will be followed in due course by formal receipt from the Collector of Internal Revenue. 6. Except as provided in the preceding paragraphs, the bonds will be subject to the general regulations of the Treasury Department, now or hereafter prescribed, governing United States bonds. III. SUBSCRIPTION AND ALLOTMENT 1. Subscriptions will be received at the Federal Reserve Banks and Branches and at the Treasury Department, Washington. Banking institutions 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 must be accompanied by payment in full for the amount of bonds 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 bonds 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, all subscriptions will be allotted in full. Allotment notices will be sent out promptly upon allotment. IV. PAYMENT 1. Payment at par and accrued interest, if any, for bonds allotted hereunder must be made on or before April 15, 1943, or on later allotment. One day's accrued interest is $0.06868 per $1,000. Any qualified depositary will be permitted to make payment by credit for bonds allotted to 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. GENERAL PROVISIONS 1. As fiscal agents of the United States, Federal Reserve Banks are authorized and requested to receive subscriptions, to make allotments 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 bonds allotted, to make delivery of bonds on full-paid subscriptions allotted, and they may issue interim receipts pending delivery of the definitive bonds. 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. H E N R Y M O R G E N T H A U , JR., Secretary of the Treasury. 2 The transfer books are closed from May 16 to June 15, and from November 16 to December 15 (both dates inclusive) in each year. s Copies of Form P D 1782 may be obtained from any Federal Eeserve Bank or from the Treasury Department, Washington, D. C. UNITED STATES OF AMERICA 2 PERCENT TREASURY BONDS OF 1950-52 Dated and bearing interest from April 15, 1943 Due September 15, 1952 R E D E E M A B L E A T T H E OPTION OF THE UNITED STATES A T P A R A N D ACCRUED INTEREST ON A N D A F T E R SEPTEMBER 15, 1950 Interest payable March 15 and September 15 TREASURY DEPARTMENT, Department Circular No. 709 ^ OFFICE OF THE SECRETARY, Fiscal Service Bureau of the Public Debt . . •, Washington, April 12, 1943. I. OFFERING OF BONDS 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 bonds of the United States, designated 2 percent Treasury Bonds of 1950-52. The amount of the offering is not specifically limited, although allotments to commercial banks, which are defined for this purpose as banks accepting demand deposits, for their own account will be limited to $2,000,000,000, or thereabouts. The books will be open today and until further notice for the receipt of subscriptions from others than commercial banks for their own account, and on April 28, April 29 and April 30 for the receipt of subscriptions from commercial banks for their own account. II. DESCRIPTION OF BONDS 1. The bonds will be dated April 15, 1943, and will bear interest from that date at the rate of 2 percent per annum, payable on a semiannual basis on September 15, 1943, and thereafter on March 15 and September 15 in each year until the principal amount becomes payable. They will mature September 15, 1952, but may be redeemed at the option of the United States on and after September 15, 1950, in whole or in part, at par and accrued interest, on any interest day or days, on 4 months' notice of redemption given in such manner as the Secretary of the Treasury shall prescribe. In case of partial redemption the bonds to be redeemed will be determined by such method as may be prescribed by the Secretary of the Treasury. From the date of redemption designated in any such notice, interest on the bonds called for redemption shall cease. 2. The income derived from the bonds shall be subject to all Federal taxes, now or hereafter imposed. The bonds 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 bonds will be acceptable to secure deposits of public moneys, but will not bear the circulation privilege and will not be entitled to any privilege of conversion. 4. Bearer bonds with interest coupons attached, and bonds registered as to principal and interest, will be issued in denominations of $500, $1,000, $5,000, $10,000, $100,000 and $1,000,000. Provision will be made for the interchange of bonds of different denominations and of coupon and registered bonds, and for the transfer of registered bonds, under rules and regulations prescribed by the Secretary of the Treasury. 5. The bonds will be subject to the general regulations of the Treasury Department, now or hereafter prescribed, governing United States bonds. III. SUBSCRIPTION AND ALLOTMENT 1. Subscriptions will be received at the Federal Reserve Banks and Branches and at the Treasury Department, Washington. Commercial banks are requested not to buy the securities which may be allotted hereunder to others during the period the subscription books remain open. Banking institutions 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. Securities dealers and brokers will not be permitted to enter subscriptions for their customers except through banking institutions. Subscriptions from commercial banks for their own account will be received without deposit. All other subscriptions must be accompanied by payment in full for the amount of bonds 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 bonds 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 $100,000 from commercial banks, and subscriptions in any amount from all other subscribers, will be allotted in full; subscriptions for amounts over $100,000 from commercial banks will be allotted on an equal percentage basis, to be publicly announced. Allotment notices will be sent out promptly upon allotment. IV. PAYMENT 1. Payment at par and accrued interest, if any, for bonds allotted hereunder to or for the account of others than commercial banks must be made on or before April 15, 1943, or on later allotment. Payment at par and accrued interest to May 10, 1943, for bonds allotted hereunder to commercial banks must be made on that date. One day's accrued interest is $0.05435 per $1,000. Any qualified depositary will be permitted to make payment by credit for bonds 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. GENERAL 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 bonds allotted, to make delivery of bonds on full-paid subscriptions allotted, and they may issue interim receipts pending delivery of the definitive bonds. 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. H E N R Y MORGENTHAU, J R . , Secretary of the Treasury. UNITED STATES OF AMERICA y8 PERCENT TREASURY CERTIFICATES OF INDEBTEDNESS OF SERIES B-1944 Due April 1, 1944 Dated and bearing interest from April 15, 1943 1943 Department Circular No. 710 TREASURY DEPARTMENT, OFFICE OF THE SECRETARY, Fiscal Service Bureau of the Public Debt Washington, April 12, 1943. I. OFFERING OF 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-1944. The amount of the offering is not specifically limited, although allotments to commercial banks, which are defined for this purpose as banks accepting demand deposits, for their own account will be limited to $2,000,000,000, or thereabouts. The books will be open today and until further notice for the receipt of subscriptions from others than commercial banks for their own account, and today, April 13 and April 14 for the receipt of subscriptions from commercial banks for their own account. II. DESCRIPTION OF CERTIFICATES 1. The certificates will be dated April 15, 1943, and will bear interest from that date at the rate of % percent per annum, payable on a semiannual basis on October 1, 1943, and April 1, 1944. They will mature April 1, 1944, 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 interest coupons attached will be issued in denominations of $1,000, $5,000, $10,000, $100,000 and $1,000,000. 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. SUBSCRIPTION AND ALLOTMENT 1. Subscriptions will be received at the Federal Reserve Banks and Branches and at the Treasury Department, Washington. Commercial banks are requested not to buy the securities which may be allotted hereunder to others during the period the subscription books remain open. Banking institutions 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. Securities dealers and brokers will not be permitted to enter subscriptions for their customers except through banking institutions. Subscriptions from commercial banks for their own account will be received without deposit. All other subscriptions must be accompanied by payment in full for 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 $100,000 from commercial banks, and subscriptions in any amount from all other subscribers, will be allotted in full; subscriptions for amounts over $100,000 from commercial banks will be allotted on an equal percentage basis, to be publicly announced. Allotment notices will be sent out promptly upon allotment. IV. PAYMENT 1. Payment at par and accrued interest, if any, for certificates allotted hereunder to or for the account of others than commercial banks must be made on or before April 15, 1943, or on later allotment. Payment at par and accrued interest to April 22,1943, for certificates allotted hereunder to commercial banks must be made on that date. One day's accrued interest is $0.02391 per $1,000. 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. GENERAL 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. H E N R Y M O R G E N T H A U , JR., Secretary of the Treasury. FEDERAL RESERVE B A N K OF N E W Application N u m b e r YORK 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: 1948 Referring to your subscription, numbered as above indicated, for $ (par value) U N I T E D S T A T E S OF A M E R I C A 2 P E R C E N T T R E A S U R Y BONDS O F D A T E D A P R I L 15, 1 9 4 3 , D U E S E P T E M B E R 15, 1 9 5 2 1950-52 for which you have applied under the provisions of the Treasury Department's circular inviting subscriptions for such securities, 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 May 10, 1943 payment must be made or completed at par and accrued interest from April 15, 1943 to May 10, 1943 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 B A N K OF N E W Y O R K , FISCAL AGENT OF T H E UNITED STATES, and the proceeds thereof must be immediately available on the date that payment is duo, 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 payment is due, drawn on the Federal Reserve Bank of New York, will be immediately available on that date. Should a subscriber wish to make payment by check on any other bank the securities can not be delivered until the Federal Reserve Bank of New York receives the proceeds of such check, and, therefore, such subscriber should tender such check at least 2 days prior to the date payment is due if he wishes delivery of the securities on the date payment is due. By Cash—Payment 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 (Revised) dated April 14, 1943, with respect to special deposits of public moneys under the Second Liberty Bond Act, 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. may be made in cash. (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 above allotted securities 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 May 10, 1943. (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. Further Instructions 4. (a) Reserve Bank member bank. (b) this 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 B A N K OF N E W Y O R K , Fiscal Agent of the United States Checked by. NA-BS LETTER OF INSTRUCTIONS T o FEDERAL RESERVE B A N K OP N E W Y O R K , Fiscal Agent of the United States, Government Bond Department (Second Floor) New York, N. Y. Prom (Name and address of Subscriber) 1943 Referring to our subscription, numbered as above indicated, for $ UNITED STATES OF AMERICA DATED APRIL 15, 2 PERCENT (par value) TREASURY 1943, DUE SEPTEMBER BONDS 15, OF 1950-52 1952 for which we applied under the provisions of the Treasury Department's circular inviting subscriptions for such securities, 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 will be made in full in the face amount of such securities and accrued interest to date of payment Face Amount $ Accrued Interest $ Accrued interest from April 15 to May 10, 1943 is $1.35875 per $1,000. However on allotments of less than $25,000* accrued interest may be computed at $1.25 per $1,000. Total Payment in the method indicated below: • By charge to our reserve account, which you are hereby authorized • By check • • By cash By credit to our War Loan Deposit Account (For use of qualified depositaries only). The election to pay by credit will be dtemed a certifica- to make tion by the officer who signs this " L e t t e r of Instructions" that the full amount of payment due on this subscription will be deposited on May 10, 1943 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 Issue and dispose of securities allotted on this subscription as indicated below: DISPOSITION 1. Deliver over the counter to the undersigned $. D E N O M I N A T I O N S OF BEARER BONDS Par Value Pieces Leave Blank 2. Ship to the undersigned $. 3. Hold in safekeeping (For member bank only) $. 4. Register as indicated in the schedule on reverse side $. 5. Hold as collateral for War Loan deposits $. $500 1,000 5,000 10,000 6. Deliver as indicated below 100,000 $. Deliver to: Against Payment of Par Amount 1,000,000 $ $ Total IMPORTANT: No changes in delivery instructions will be accepted. and credit proceeds to our Reserve account • or to our account with T h e undersigned certifies that the securities are the sole property of the undersigned. g^=*This letter of instructions must be signed officially in the space provided here and returned immediately to Federal Reserve Bank of New York, Fiscal A g e n t of the United States. Name of Subscriber By.... (Please print) (Title) (Official signature required) Street address City, Town or Village, and State. DO NOT USE SPACES B E L O W Delivery Receipt PAYMENT RECORD 'AYMENT RECEIVED DELIVER AGAINST PAYMENT Received from FEDERAL RESERVE BANK OT NEW YORK the above described United States Government obligations allotted in the amount indicated above. Subscriber. 07 $ By. Date. Taken from Vault iA-BS Counted Checked Delivered S C H E D U L E F O R I S S U E O F R E G I S T E R E D HSl^* Names and addresses must be printed or N a m e in which bonds of this issue shall be registered, and postoffice address for interest checks and mail. B O N D S typewritten. Indicate under appropriate denominations, number of bonds desired. Amount $500 $1,000 $5,000 $10,000 $100,000 $1,000,000 TB BC:l-2 ADVICE OF CREDIT TO W A R LOAN DEPOSIT ACCOUNT APPLICATION NO. FEDERAL. R E S E R V E BANK OF NEW YORK r . j In accordance with your certification we have this day credited your " W a r Deposit Account" with the amount indicated above in payment of allotment of Loan 2y 2 Percent Treasury Bonds of 1.964-69 Dated April 15, 1943 Due June 15, 1969 FEDERAL RESERVE B A N K OF N E W YORK Fiscal Agent of the United States Government Bond Department TB-BC:l-2 BOOK CREDIT PAYMENT APPLICATION N O . FEDERAL RESERVE BANK OF NEW YORK DATE In accordance with your certification we have this day credited your " W a r Deposit Account" with the amount indicated above in payment of allotment of 2y-2. Percent Treasury Bonds of 1964-69 Dated April 15, 1943 Due June 15, 1969 Loan TB-BC:3-4 ADVICE OF CREDIT TO W A R LOAN DEPOSIT ACCOUNT APPLICATION NO. FEDERAL. RESERVE BANK OF NEW YORK In accordance with your certification we have this day credited your " W a r Loan Deposit Account" with the amount indicated above in payment of allotment of 2 Percent Treasury Bonds of 1950-52 Dated April 15, 1943 Due September 15, 1952 F E D E R A L R E S E R V E B A N K OF N E W YORK Fiscal A g e n t of the United States Government B o n d Department TB-BC:3-4 BOOK CREDIT PAYMENT APPLICATION N O . FEDERAL RESERVE BANK OF NEW YORK DATE In accordance with your certification we have this day credited your " W a r Loan Deposit Account" with the amount indicated above in payment of allotment of 2 Percent Treasury Bonds of 1950-52 Dated April 15, 1943 Due September 15, 1952 CI-BC :6 ADVICE OF CREDIT TO W A R LOAN DEPOSIT ACCOUNT APPLICATION NO. FEDERAL. RESERVE BANK OF NEW YORK V. In accordance with your certification we have this day credited your " W a r Deposit Account" with the amount indicated above in payment of allotment of Loan 7/a Percent Treasury Certificates of Indebtedness of Series B-1944 Dated April 15, 1943 Due April 1, 1944 F E D E R A L R E S E R V E B A N K OF N E W YORK Fiscal A g e n t of the United States Government B o n d Department CI-BC: 6 BOOK CREDIT PAYMENT FEDERAL RESERVE BANK OF NEW YORK APPLICATION DATE In accordance with your certification we have this day credited your " W a r Deposit Account" with the amount indicated above in payment of allotment of Yz Percent Treasury Certificates of Indebtedness of Series B-1944 Dated April 15, 1943 Due April 1, 1944 Loan NO. A T S : 1-2 ORIGINAL ADVICE TO SUBSCRIBER Date. .1943 To Your subscription for $ U N I T E D S T A T E S OP A M E R I C A 2y 2 P E R C E N T TREASURY B O N D S OF 1 9 6 4 - 6 9 , dated April 15, 1943, due June 15, 1969, has been received by this bank, as fiscal agent of the United States, and, pursuant to the terms of Treasury Department Circular No. 708, dated April 12, 1943, the amount subscribed for by you has been allotted to you in full. Bonds in coupon form will be available for delivery on Registered bonds will not be available for delivery until after the registration has been completed by the Treasury Department, Washington, D. C., at which time they will be disposed of in accordance with your original instructions. Payment for such bonds has been received in the manner indicated below: DISPOSITION "D V, I A / I * _ • _ . _ Over the Counter By check and/or cash D • • Mail Registered Bonds Special instructions By authority to charge your reserve account $ By authority to credit your War Loan Deposit Account F E D E R A L R E S E R V E B A N K OF N E W YORK Fiscal Agent of the United States (Teller) A T S : 1-2 DUPLICATE PAYMENT TICKET 1943 Date. To Your subscription for $ UNITED STATES OF AMERICA 2y 2 PERCENT TREASURY BONDS OF 1964-69, dated April 15, 1943, due June 15, 1969, has been received by this bank, as fiscal agent of the United States, and, pursuant to the terms of Treasury Department Circular No. 708, dated April 12, 1943, the amount subscribed for by you has been allotted to you in full. Bonds in coupon form will be available for delivery on Registered bonds will not be available for delivery until after the registration has been completed by the Treasury Department, Washington, D. C., at which time they will be disposed of in accordance with your original instructions. Payment for such bonds has been received in the manner indicated below: DISPOSITION • • • • Over the Counter Mail Registered Bonds Special instructions By check and/or cash $ By authority to charge your reserve account By authority to credit your War Loan Deposit Account FEDERAL RESERVE B A N K OF N E W Y O R K Fiscal Agent of the United States (Teller) A T S : 3-4 ORIGINAL ADVICE TO SUBSCRIBER Date To 1943 Your subscription for $ UNITED STATES OF AMERICA 2 PERCENT TREASURY BONDS OF 1 9 5 0 - 5 2 , dated April 15, 1943, due September 15, 1952, has been received by this bank, as fiscal agent of the United States, and, pursuant to the terms of Treasury Department Circular No. 709, dated April 12, 1943, the amount subscribed for by you has been allotted to you in full. Bonds in coupon form will be available for delivery on Registered bonds will not be available for delivery until after the registration has been completed by the Treasury Department, "Washington, D. C., at which time they will be disposed of in accordance with your original instructions. Payment for such bonds has been received in the manner indicated below: DISPOSITION „ • ~ . ~ Over the Counter • • Registered Bonds Special instructions ~ , , , , , J. By check and/or cash ' $ By authority to charge your reserve account By authority to credit your War Loan Deposit Account FEDERAL RESERVE B A N K OF N E W Y O R K Fiscal Agent of the United States (Teller) A T S : 3-2 DUPLICATE PAYMENT TICKET Date. To 1943 Your subscription for $ UNITED STATES OF AMERICA 2 PERCENT TREASURY BONDS OF 1 9 5 0 - 5 2 , dated April 15, 1943, due September 15, 1952, has been received by this bank, as fiscal agent of the United States, and, pursuant to the terms of Treasury Department Circular No. 7 0 9 , dated April 1 2 , 1 9 4 3 , the amount subscribed for by you has been allotted to you in full. Bonds in coupon form will be available for delivery on Registered bonds will not be available for delivery until after the registration has been completed by the Treasury Department, Washington, D. C., at which time they will be disposed of in accordance with your original instructions. Payment for such bonds has been received in the manner indicated below: DISPOSITION „ • _ ~ Over the Counter ^ • • Registered Bonds Special instructions T> 1. 1_ J / 1. A By check and/or cash ' $ By authority to charge your reserve account ^ By authority to credit your War Loan Deposit Account FEDERAL RESERVE B A N K OF N E W Y O R K Fiscal Agent of the United States (Teller) ATS: 6 ORIGINAL ADVICE TO SUBSCRIBER Date To Your subscription for $ UNITED STATES OF AMERICA % 1943 PERCENT TREASURY CERTIFICATES OF dated April 1 5 , 1 9 4 3 , due April 1 , 1 9 4 4 , has been received by this bank, as fiscal agent of the United States, and, pursuant to the terms of Treasury Department Circular No. 710, dated April 12, 1943, the amount subscribed for by you has been allotted to you in full. INDEBTEDNESS OF SERIES B - 1 9 4 4 , Certificates in coupon form will be available for delivery on Payment for such certificates has been received in the manner indicated below: DISPOSITION • Over the Counter D • Special instructions g check and/or cash $ By authority to charge your reserve account By authority to credit your War Loan Deposit Account FEDERAL RESERVE B A N K OF N E W Y O R K Fiscal Agent of the United States (Teller) ATS: 6 DUPLICATE PAYMENT TICKET Date To Your subscription for $ UNITED STATES OF AMERICA % 1943 PERCENT TREASURY CERTIFICATES OF dated April 1 5 , 1 9 4 3 , due April 1 , 1 9 4 4 , has been received by this bank, asfiscalagent of the United States, and, pursuant to the terms of Treasury Department Circular No. 710, dated April 12, 1943, the amount subscribed for by you has been allotted to you in full. INDEBTEDNESS OF SERIES B - 1 9 4 4 , Certificates in coupon form will be available for delivery on Payment for such certificates has been received in the manner indicated below: DISPOSITION T> V I A/ <-, • ^Over l the L Counter : cash By check and/or ' • • Maa . Special instructions By authority to charge your reserve account $ By authority to credit your War Loan Deposit Account FEDERAL RESERVE B A N K OF N E W Y O R K Fiscal Agent of the United States (Teller) FEDERAL RESERVE BANK OFNEWYORK SEC-ATS-t.C SECUR.T.ES DEPARTMENT ADVICE TO SUBSCRIBER Acknowledging Receipt of Cash Subscription For United States Government Obligations Mentioned Below To Application No. Bate r ~i L J Your subscription (own account) for $ United States of America % Percent Treasury Certificates of Indebtedness, Series B-1944, Dated April 15, 1943, Due April 1, 1944 has been received by this bank, as fiscal agent of the United States, and, pursuant to the provisions of the Treasury Department'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. FEDERAL RESERVE B A N K OF N E W Y O R K , Fiscal Agent of the United States. Checked by. FEDERAL. RESERVE BANK OF NEW YORK SEC—ATS—2. C SECURITIES DEPARTMENT CARD RECORD To Application No. Date Subscription received from above subscriber (own account) for $ United States of America 7 /g Percent Treasury Certificates of Indebtedness, Series B-1944, Dated April 15, 1943, Due April 1, 1944 AMOUNT ALLOTTED $ FEDERAL RESERVE BANK OF NEW YORK PAYMENT AND DISPOSITION SEC—ATS—3 . C SECURITIES DEPARTMENT RECORD Application No. To Date Subscription received from above subscriber (own account) f o r . . . United States of America % Percent Treasury Certificates of I n d e b t e d n e s s , Series B - 1 9 4 4 , D a t e d April 15, 1943, D u e April 1, 1944 DATE BOOK CREDIT CHARGE CASH DELIVERY TELLER GOV. DEPOSIT SHIP ALLOTMENT PREMIUM AND/OR INTEREST DISPOSITION PURCHASE PRICE DEPOSIT PRINCIPAL DUE REFUND BALANCE ACCRUED INT. AMOUNTfor DUE Digitized FRASER OVER COUNTER 1 SAFEKEEPING 111 ! SPECIAL DELIVERY INSTRUCTIONS 1 FEDKRAL R E S K R V I SANK OF N S W YORK SKC—ATS— 1 B - 6 . E C U R . T . O DEPARTMENT ADVICE TO SUBSCRIBER Acknowledging Receipt of Cash Subscription For United States Government Obligations Mentioned Below To Application No. Date r ~i L J Your subscription (own account) for $ United States of America 2 Percent Treasury Bonds of 1950-52, Dated April 15, 1943, Due September 15, 1952 has been received by this bank, as fiscal agent of the United States, and, pursuant to the provisions of the Treasury Department'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. FEDERAL RESERVE B A N K OP N E W Y O R K , Fiscal Agent of the United States. Checked by. FEDERAL. RESERVE BANK O F NEW YORK SEC—ATS—2.B-S SECURITIES DEPARTMENT CARD RECORD To Application No. Date Subscription received from above subscriber (own account) for $ United States of America 2 Percent Treasury Bonds of 1950-52, Dated April 15, 1943, Due September 15, 1952 A M O U N T ALLOTTED $ FEDERAL. R E S E R V E BANK OF NEW YORK S EC—ATS—3 . B - 8 SECURITIES DEPARTMENT P A Y M E N T AND DISPOSITION RECORD To Application No. Date Subscription received from above subscriber (own account) for $ United States of America 2 Percent Treasury Bonds of 1950-52, Dated April 15, 1943, Due September 15, 1952 DATE BOOK CREDIT CHARGE CASH DELIVERY ALLOTMENT PREMIUM AND/OR INTEREST DISPOSITION PURCHASE PRICE OVER DEPOSIT PRINCIPAL SAFEKEEPING SPECIAL DELIVERY BALANCE INT. AMOUNT DUE GOV. DEPOSIT 1 DUE REFUND ACCRUED COUNTER | INSTRUCTIONS SHIP TELLER FEDERAL RESERVE B A N K OF NEW YORK Fiscal Agent of the United States April 24, 1943 SECOND W A R LOAN SUBSCRIPTIONS BY COMMERCIAL BANKS TO 2 Percent Treasury Bonds of 1950-52 Dated April 15, 1943 Due September 15. 1952 To each Bank in the Second Federal Reserve District Accepting Demand Deposits: W e send you herewith cash subscription Form No. 5 for your use in subscribing for your own account to 2 percent Treasury Bonds of 1950-52, dated April 15, 1943, due September 15, 1952. As stated in Treasury Department Circular No. 709, dated April 12, 1943, which accompanied our Circular No. 2601, allotments to commercial banks (which are defined for this purpose as banks accepting demand deposits) for their own account will be limited to $2,000,000,000, or thereabouts. The books will be open on April 28, April 29 and April 30, 1943, for the receipt of subscriptions from such banks for their own account. Payment for bonds allotted to commercial banks must be made on May 10, 1943 at par and accrued interest from April 15 to May 10, 1943. ALLAN SPROUL, President. (GREEN CODE) Application Number CASH SUBSCRIPTION FORM N O . 5 FOR OWN ACCOUNT BY BANK ACCEPTING DEMAND DEPOSITS 2% Treasury Bonds of 1950-52 Dated at Important Information 1943 1. Payment for securities allotted on this subscription must be made 011 May 10, 1943 at par and accrued interest from April 15, 1943 to May 10, 1943. One day's accrued interest is $0.05435 per $1,000. Accrued interest at such rate from April 15, 1943 to May 10, 1943 is $1.35875 per $1,000. On subscriptions for more than $1,000 and less than $25,000 one day's accrued interest may be calculated at $0.05 per $1,000. 2. Subject to the reservations set forth in Treasury Department Circular No. 709, subscriptions for $100,000 or less from banks accepting demand deposits will be allotted in full and larger subscriptions from such banks will be allotted on an equal percentage basis. 3. Subscriptions can be made only in multiples of $500. 4. The subscription books will be open April 28, April 29 and April 30, 1943 for the receipt of subscriptions for own account from banks accepting demand deposits. FEDERAL RESERVE B A N K OF N E W YORK, Fiscal Agent of the United States, Securities Department—1st Floor: DEAR SIRS: Pursuant to the provisions of Treasury Department Circular No. 709, dated April 12, 1943, please enter our subscription as follows for UNITED STATES OF AMERICA 2 PERCENT TREASURY BONDS OF 1950-52 DATED APRIL 15, 1943 DUE SEPTEMBER 15, 1952 DO N O T U S E T H I S SPACE ALLOTMENT * For our own account $ $ Figured Checked Advised We agree: 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 and accrued interest to May 10, 1943. Such payment will be made by the method indicated hereon. • • B y charge to our reserve account By check TO S U B S C R I B E R : Mark ( X ) in proper space to indicate if this i s : Confirmation of a letter Confirmation of a t e l e g r a m . . . Original subscription By credit to W a r Loan Deposit Account EMT Fill in all required spaces before signing. • (Name of Banking Institution) • • • By. (Official signature) (Title) 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 W a r Loan Deposit Account and may also be deposited with Federal Reserve Bank of New York as collateral security for such Account. SPACES B E L O W A R E FOR T H E USE OF T H E F E D E R A L R E S E R V E SUBSCRIPTION RECORD BLOTTER E X A M I N E D FOR CLASSIFICATION O W N ACCOUNT CHECKED CHECKED EXAMINED CARDED ACKNOWLEDGED BANK DISPOSITION PAYMENT D R/A B/C C F E D E R A L R E S E R V E B A N K OF N E W Application N u m b e r YORK 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: 1943 Referring to your subscription, numbered as above indicated, for $ UNITED S T A T E S OF A M E R I C A (par value) % 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 O F I N D E B T E D N E S S , SERIES B - 1 9 4 4 D A T E D A P R I L 15, 1 9 4 3 , D U E A P R I L 1, 1 9 4 4 for which you have applied under the provisions of the Treasury Department's circular inviting subscriptions for such securities, 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 April 22, 1943 payment must be made or completed at par and accrued interest from April 15, 1943 to April 22, 1943, 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 F E D E R A L R E S E R V E B A N K O F N E W Y O R K , FISCAL A G E N T OF T H E U N I T E D 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 payment is due, drawn on the Federal Reserve Bank of New York, will be immediately available on that date. Should a subscriber wish to make payment by check on any other bank the securities can not be delivered until the Federal Reserve Bank of New York receives the proceeds of such check, and, therefore, such subscriber should lender such check at least 2 days prior to the date payment is due if he wishes delivery of the securities on the date payment is due. By Cash—Payment 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 a 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. may be made in cash. (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 above allotted securities 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 April 22, 1943. (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. Further Instructions 4. (a) Reserve Bank member bank. (b) this 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 i,L«r steadied letter of instructions iz that such letter be signed officially and returned to this bank without delay. FEDERAL RESERVE B A N K OF N E W Y O R K , Checked by NA-C i Fiscal Agent of the United States LETTER OF INSTRUCTIONS T o FEDERAL RESERVE B A N K OF N E W YORK, Fiscal Agent of the United States, Government Bond Department (Second Floor) New York, N. Y. From (Name and address of Subscriber) 1943 Referring to our subscription, numbered as above indicated, for $ UNITED STATES OF A M E R I C A % (par value) 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 O F I N D E B T E D N E S S , SERIES B - 1 9 4 4 DATED APRIL 15, 1 9 4 3 , D U E A P R I L 1, 1944 for which we applied under the provisions of the Treasury Department's circular inviting subscriptions for such securities, 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 will be made in full in the face amount of such securities and accrued interest to date of payment— Face Amount $ Accrued Interest $ Accrued interest from April 15 to April 22, 1943 is $0.16737 per $1,000. However on allotments of less than $25,000, accrued interest may be computed at $0.14 per $1,000. Total Payment $.. in the method indicated below: • By charge to our reserve account, which you are hereby authorized to make • By check • By cash • By credit to our War Loan Deposit Account (For use of qualified depositaries only). The election to pay by credit will be deemed a certification b y the officer who signs this " L e t t e r of Instructions" that the full amount of payment due on this subscription will be deposited on April 22, 1943 to the credit of the Federal Reserve Bank of New York, as fiscal agent of the United States, W a r Loan Deposit Account, to be held subject to withdrawal on demand Issue and dispose of securities allotted on this subscription as indicated below: DISPOSITION DENOMINATIONS Par Value PieceB Leave Blank $1,000 5,000 10,000 100,000 1. Deliver over the counter to the undersigned 2. Ship to the undersigned 3. Hold in safekeeping (for member bank only) 4. Hold as collateral for War Loan deposits 5. Deliver as indicated below Deliver to: 1,000.000 $. $. $.. Against Payment of Par Amount $ Total IMPORTANT: $. $. $ No changes in delivery instructions will be accepted. and credit proceeds to our Reserve account, or to our account with T h e undersigned certifies that the securities are the sole property of the undersigned. t®* This letter of instructions must be signed officially in the space provided here and returned immediately to Federal Reserve Bank of New York, Fiscal A g e n t of the United States. Name of Subscriber By.... (Please print) (Title) (Official signature required) Street address City, Town or Village, and State. DO NOT USE SPACES BELOW Delivery Receipt P A Y M E N T RECORD Received P A Y M E N T RECEIVED DELIVER AGAINST P A Y M E N T from FEDERAL RESERVE B A N K $ the above By. Date. NA-C YORK Subscriber OF $ Taken from Vault OF N E W Counted described United States Government obligations allotted in the amount indicated above. Checked Delivered WFC-107 UNITED STATES TREASURY W A R FINANCE COMMITTEE W A R SAVINGS VICTORY Second Federal Reserve District STAFF FEDERAL RESERVE BANK OF NEW FUND COMMITTEE YORK 3 3 Liberty Street, New York, N. Y. April 12, 1943 SECOND WAR LOAN APRIL 1943 Information for Banking Institutions and Committee Representatives in the form of Questions and Answers relating to 2 % % TREASURY BONDS OF 1964-69 2 % TREASURY BONDS OF 1950-52 and % % TREASURY CERTIFICATES OF INDEBTEDNESS OF SERIES B-1944 (Described in Treasury Department Circulars Nos. 708, 709 and 710 which are reproduced in Circular WFC-105, dated April 12, 1943) The following information in the form of "Questions and Answers" may be helpful in entering subscriptions as well as in answering questions raised by subscribers: 1. Payment for Subscriptions (a) May a bank pay for these issues by credit to the "War Loan Deposit Account" on its books? YES, for all three issues, and also for Treasury Tax Savings Notes and Savings Bonds of Series E, F and G. Total payments in this manner, of course, must not exceed the amount for which the bank is qualified in excess of existing deposits. Payment for Treasury bills may not be made by credit to the War Loan Deposit Account unless the Treasury so states in the notice inviting tenders for a particular issue of bills. (b) May both interest and principal be paid by credit in the "War Loan Deposit Account"? YES. (c) In paying by credit in the "War Loan Deposit Account" should interest be figured to the date the bank certifies that the credit is given to the Federal Reserve Bank of New York as fiscal agent of the United States, or to the date that the subscription is received by the Federal Reserve Bank? T o the date that credit is given in the depositary's War Loan Deposit Account. (d) How is accrued interest figured when a member bank of the Federal Reserve System makes payment by authorizing a charge to its reserve account with the Federal Reserve Bank? should be figured to the date on which the authorization to debit the reserve account is received by the Federal Reserve Bank. such check is received by the Federal Reserve Bank. Where such check is drawn on a bank other than the Federal Reserve Bank, interest should be figured to the date on which funds in payment of such check will be available to the Federal Reserve Bank. 2. First Coupon What is the term of the first coupon on each of the above mentioned issues now being offered? I N the case of the 2y 2 % Treasury Bonds of 1964-69, the first coupon will be for a two months' period and thereafter interest will be paid on a semiannual basis on June 15 and December 15. In the case of the 2 % Treasury Bonds of 1950-52, the first coupon will be for a five months' period and thereafter interest will be paid on a semiannual basis on March 15 and September 15. In the case of the }&% Treasury Certificates of Indebtedness of Series B-1944, the first coupon will be for a five and one-half months' period and the second coupon for a six months' period. 3. Subscriptions (a) Should the names of customers be given on the reverse side of the official subscription form furnished banking institutions by the Federal Reserve Bank of New York? -ES. INTEREST (e) How is accrued interest figured where payment is made by check sent to the Federal Reserve Bank with the subscription. W H E R E such check is drawn on the Federal Reserve Bank, interest should be figured to the date on which (b) May brokers and dealers enter subscriptions for account of customers? NOT directly with the Federal Reserve Banks but they may enter them through a banking institution. The banking institution should enter the subscription on the official subscription form furnished by the Federal Reserve Bank. (c) How soon will the securities be delivered on subscriptions entered by persons other than commercial banks? I n the case of coupon securities, probably within four or five days following receipt of the subscription. Subscriptions for registered securities are forwarded to Washington to be filled and deliveries will take somewhat longer. 4. Subscriptions to 2% Treasury Bonds of 1950-52 and % % Treasury Certificates of Indebtedness of Series B-1944 by commercial banks (banks accepting demand deposits) for own account (a) In connection with a subscription by a commercial bank for its own account, is it necessary for the bank to include on the subscription form the denominations desired and instructions as to disposition of securities that may be allotted on the subscription? N o . Promptly upon allotment the Federal Reserve Bank of New York will send the subscribing bank an allotment notice which will carry a "Letter of Instructions" which, when filled out, will provide for this information. This "Letter of Instructions" should be filled out promptly by the subscribing bank and returned to the Federal Reserve Bank of New York. (b) Will a bank subscribing for its own account for more than $100,000 be allotted $100,000 in full in any event? THE offering circulars provide that subscriptions for more than $100,000 from banks accepting demand deposits will be allotted on an equal percentage basis. It has been the practice of the Treasury in the past in similar cases to allot a minimum of $100,000 on such subscriptions. If, for example, the allotment percentage should be 50%, a bank subscribing for $150,000 would be allotted $100,000, and a bank subscribing for $200,000 would also be allotted $100,000. (c) Since the offering circular regarding the 2% Treasury Bonds of 1950-52 provides that the subscription books for the receipt of subscriptions from banks for their own account will not open until April 28, may such subscriptions be transmitted to the Federal Reserve Bank of New York prior to that date? THE subscriptions should be mailed so as not to reach the Federal Reserve Bank prior to April 28. Subscription form No. 5 furnished by the Federal Reserve Bank should be used. (d) amount subscribed. Subscriptions received from different branches of the same bank will likewise be combined. (f) 22, 1943 for the % % Treasury Certificates of Indebtedness of Series B-1944 and May 10, 1943 for the 2% Treasury Bonds of 1950-52. Payment on these dates should include accrued interest from April 15, 1943. APRIL (g) instructions and a separate subscription should be entered for each such group. The delivery instructions should be identical for all securities covered by any one subscription form. (h) May a bank enter an additional subscription for its own account during the period the books are open? YES. However, all of its subscriptions will be combined into one by the Federal Reserve Bank of New York and allotment will be made on the basis of the total Banks will be receiving from their customers applications for the various issues on application forms provided by the War Finance Committee. Should these forms be sent to the Federal Reserve Bank of New York? N o . Banks should retain these forms for their records and submit subscriptions on behalf of their customers on the official forms provided by the Federal Reserve Bank of New York. Subscriptions should not be filed with the Federal Reserve Bank in duplicate. 5. General (a) When will the books close for the receipt of subscriptions from persons other than commercial banks? THE closing date has not been announced by the Secretary of the Treasury. However, it has been indicated that the subscription books will remain open for several weeks. More than a week's advance notice was given prior to the closing of the books in the December drive. (b) On a subscription for more than $1,000 of the 2% Treasury Bonds of 1950-52 or the 2y 2 % Treasury Bonds of 1964-69, is it necessary to pay accrued interest on the entire amount or only on the amount in excess of $1,000? O n the entire amount. Accrued interest will be waived only on $500 and $1,000 subscriptions. For example, on a subscription for $10,000, accrued interest on the entire $10,000 must be paid. The waiver of interest on subscriptions for $500 and $1,000 is for the convenience of the small investor. (c) THIS (e) May there be more than one delivery instruction on a subscription? S UBSCRIPTIONS should be grouped according to delivery Is it necessary for a bank to telegraph its subscription on the day the books open? is a precaution it may take if it so desires. However, it is unnecessary so long as the bank takes care that its subscription is postmarked on any of the three days the books are open for the particular issue. What are the payment dates on securities allotted banks for their own account? Must subscriptions to the 2% Treasury Bonds of 1950-52 and the 2y 2 % Treasury Bonds of 1964-69 be in multiples of $500 and subscriptions to the % % Treasury Certificates of Indebtedness be in multiples of $1,000? YES. (d) If a subscriber enters subscriptions to more than one issue and elects to pay by check, can one check be drawn covering all of the subscriptions? as various types of securities are handled in different parts of the Federal Reserve Bank of New York, it would greatly facilitate the handling of subscriptions if a separate check is drawn for each issue subscribed for. I NASMUCH FORM NO. 2V2% 1 (PURPLE CODE) Application No. IN COUPON F O R M (Subscription for registered bonds of this issue should be submitted on Form No. 2) BANKS WHICH ACCEPT DEMAND DEPOSITS M A Y NOT SUBSCRIBE TO THESE BONDS FOR THEIR OWN ACCOUNT CASH SUBSCRIPTION UNITED STATES OF AMERICA 2 V 2 % TREASURY BONDS OF 1964-69 DATED APRIL 15, 1943 DUE JUNE 15, 1969 FEDERAL RESERVE B A N K OF N E W Y O R K , Dated at Fiscal Agent of the United States, 4 Government Bond Department—1st Floor: Pursuant to the provisions of Treasury Department Circular No. 708, dated April 12, 1943, please enter subscription for 21/2(/o Treasury Bonds of 1964-69, in coupon form in face amounts as follows: | Banks which accept demand deposits | may not subscribe for own account. J For own account. { List of customers, whose applications are included iif this subscription, must be entered on reverse side. Subscriptions by securities dealers and brokers for account of customers must be entered through banking institutions.J Total subscription... $ Classification of subscriptions for computation of interest accrual: Aggregate Face Amount Subscriptions of $500 and $1,000. No accrued interest Subscriptions from $1,500 to $24,500. One day's accrued interest may be calculated at $0.07 per $1,000 Subscriptions of $25,000 and over. One day's accrued interest is $0.06868 per $1,000 $ ' Accrued Interest $ Total NONE $. $ $ * $. $ $ * $. Full amount of payment $ * Interest must be computed from April 15, 1943 to date funds will bo available to Federal Reserve Bank. • • Payment in full for such securities is made as indicated below: • By credit to our War Loan Deposit Account (For use of qualified depositaries only). The election to pay by credit By check and/or cash herewith will be doomed a certification by the officer who signs this subscription form that the full amount of payment due on this subscription has been deposited on the date hereof 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.-}- By charge to our Reserve Account which is hereby authorized. (For use of member banks only) Please issue and dispose of bonds as follows: DISPOSITION DENOMINATIONS OF COUPON BONDS Par Value Pieces |> Leave Blank 500 1,000 1. Deliver over the counter to subscriber ( ) 2. Mail to subscriber ( ) 3. Special Instructions: 5,000 10,000 100,000 1,000,000 Total I M P O R T A N T : No changes in delivery instructions will be accepted. A separate subscription must be submitted for each group of securities as to which different delivery instructions are given. TO SUBSCRIBER: Name of subscriber. Please indicate whether this is: T y p e w r i t e or print Original subscription • Confirmation of a telegram • By Title Official signature required City, Town or Village, and State Confirmation of a letter DO NOT USE SPACES B E L O W SUBSCRIPTION ' A Y M K N T RBCEIVIiD Delivery Receipt RECORD Received EXAMINED CARDED t 2 34 % FEDERAL. RE3ERVF BANK OF N E W YORK the above desc: i b e d Subscriber RELEASED Taken from Vault from United States Government obligations in the amount indicated above. Date. Counted By. Chocked Delivered Treasury Bonds of 1 9 6 4 - 6 9 may not be deposited with the Federal Reserve Bank as collateral for W a r Loan Deposit Account before April 15, 1 9 5 3 . List of customers, whose applications for coupon bonds are included in the foregoing subscription, entered and certified by , ( N a m e of banking institution) Post office address State. Please list applications in order according to amounts, the largest amounts first. Name of Customer Do not use this space (Please print or use Address Amount Subscribed typewriter) * $ / FORM N O . 2V2% 2 (PURPLE CODE) Application No. IN REGISTERED FORM (Subscription for coupon bonds of this issue should be submitted on Form No. 1) BANKS WHICH TO ACCEPT THESE DEMAND BONDS FOR DEPOSITS THEIR MAY OWN NOT SUBSCRIBE ACCOUNT CASH SUBSCRIPTION UNITED STATES OF AMERICA 2 % % TREASURY BONDS OF 1964-69 DATED APRIL 15, 1943 DUE JUNE 15, 1969 FEDERAL RESERVE B A N K OF N E W Y O R K , Dated at Fiscal Agent of the United States, Government Bond Department—1st Floor: » 1943 - Pursuant to the provisions of Treasury Department Circular No. 708, dated April 12, 1943, please enter subscription for 2y<2,°/o Treasury Bonds of 1964-69, in registered form in face amounts as follows: For own account ( Banks which accept demand deposits ) I may not subscribe for own account, j For customers ( Subscriptions by securities dealers and brokers for account) { of customers must be entered through banking institutions, j Total subscription. Classification of subscriptions for computation of interest accrual: Aggregate Subscriptions of $500 and $1,000. No accrued interest Face Amount Accrued $ $ Subscriptions from $1,500 to $24,500. One day's accrued interest may be calculated at $0.07 per $1,000 $ $. Subscriptions of $25,000 and over. One day's accrued interest is $0.06868 per $1,000 $ $. Interest Total NONE Full amount of payment $ * Interest must be computed from April 15, 1943 to date funds will be available to Federal Reserve Bank. • • Payment in full for such securities is made as indicated below: • By credit to our War Loan Deposit Account (For use of By check and/or cash herewith qualified depositaries only). The election to pay by credit . t - . , t, . , . i_ • t_ • t will be deemed a certification by the officer who signs this subscription form that the full amount of payment due on this subscription has been deposited on the date hereof to the credit of the Federal Reserve Bank of New York, as fiscal agent of the United States, W a r Loan Deposit Account, to be held subject to withdrawal on demand.f i By charge to our Reserve Account which is hereby authorized. (For use of member banks only) Please inscribe bonds as indicated on the reverse side of this form, and deliver as follows: Deliver over the counter to subscriber ( ) Mail to subscriber ( ) Mail to registered owner (s) ( ) Special Instructions: IMPORTANT: No changes in delivery instruction* will be accepted. A separate subscription must be submitted (or each group of securities as to which different delivery are given. TO S U B S C R I B E R : Name of subscriber. Please indicate whether this is: Original subscription • Confirmation of a telegram • Confirmation of a letter • instructions T y p e w r i t e o r print By Title Official signature required City, Town or Village, and State DO N O T U S E SPACES B E L O W SUBSCRIPTION Delivery Receipt RECORD Received PAYMENT KKCEIVED EXAMINED CARDED FEDERAL RESERVE BANK OP N E W the above described By. Counted Checked t 2 H % Treasury Bonds of 1 9 6 4 - 6 9 may not be deposited with the Federal Reserve Bank as collateral Account b e f o r e April 15, 1 9 5 3 . YORK Subscriber Date. RELEASED Taken from Vault from United States Government obligations in the amount indicated above. Delivered for W a r Loan Deposit SCHEDULE F O R ISSUE OF REGISTERED BONDS Names and addresses must be printed or typewritten. Please list applications in order according to amounts, the largest amounts first. D o not use thii space Indicate under appropriate denominations, number of bonds desired. Name in which bond of this issue shall be registered, and postoffice address for interest checks and mail. Amount $500 $1,000 $5,000 $10,000 $10flfi00 1 $1,000,000 * ) 0 7 FORM N O . 3 (GREEN CODE) APPIICATI<» NO. IN COUPON FORM (Subscription for registered bonds of this issue should be submitted on Form No. 4) Subscription for own account by banks accepting demand deposits should be entered on Form No. 5 which will be mailed to reach them by April 28, 1943. CASH SUBSCRIPTION UNITED STATES OF AMERICA 2 % TREASURY BONDS OF 1950-52 DATED APRIL 15, 1943 DUE SEPTEMBER 15, 1952 FEDERAL RESERVE B A N K OF N E W Y O R K , Dated at. Fiscal Agent of the United States, Government Bond Department—1st Floor: ( 1941 Pursuant to the provisions of Treasury Department Circular No. 709, dated April 12, 1943, please enter subscription for 2% Treasury Bonds of 1950-52, in coupon form in face amounts as follows: ( For banks which do not accept de- 7 { mand deposits and other subscribers. } fList of customers, whose applications are included inl J this subscription, must be entered on reverse side. Sub-1 | scriptions by securities dealers and brokers for account of f [customers must be entered through banking institutions, j For own account. For customers Total subscription Classification of subscriptions for computation of interest accrual: Accrued Interest Aggregate Face Amount Subscriptions of $500 and $1,000. No accrued interest $ Subscriptions from $1,500 to $24,500. One day's accrued interest may be calculated at $0.05 per $1,000 $ Subscriptions of $25,000 and over. One day's accrued interest is $0.05435 per $1,000 $ Total NONE i I Full amount of payment $ • Interest must be computed from April 15, 1943 to date funds will be available to Federal Reserve Bank. • • Payment in full for such securities is made as indicated below: _ , . j . « ... • By credit to our War Loan Deposit Account (For use of By check and/or cash herewith qualified depositaries only). The election to pay by credit will be deemed a certification by the officer who signs this subscription form that the full amount of payment due on this subscription has been deposited on the date hereof to the ersdit of the Federal Reserve Bank of New York, as fiscal afent of th« United States, War Loan Deposit Account, to be held subject to withdrawal on demand. By charge to our Reserve Account which is hereby authorized. (For use of member banks only) Please issue and dispose of bonds as follows: DENOMINATIONS o r COUPON BONDS Par Value Pieces $ DISPOSITION Leave Blank 500 Deliver over the counter to subscriber 1,000 Mail to subscriber 5,000 Hold as collateral for War Loan deposits 10,000 ( ( ( ) ) ) The undersigned, if a qualified depositary, hereby certifies that the securities which you are hereby or hereafter instructed to dispose of in the manner indicated in item numbered 3 are either the sole property of the undersigned or the property of its customers who have authorized in writing such disposition. 100,000 1,000,000 Total 4. Special Instructions: IMPORTANT: No changes in delivery instructions will be accepted. A separate subscription must be submitted for each group of securities as to which different delivery instructions are given. TO SUBSCRIBER: Name of subscriber. T y p e w r i t e o r print Please indicate whether this is: Original subscription • Confirmation of a telegram • Confirmation of a letter By Title Official signature required City, Town or Village, and State • DO NOT USE SPACES BELOW SUBSCRIPTION PAYMENT RECEIVED Delivery Receipt RECORD Received EXAMINED CARDED FEDERAL RESERVE BANK OF N E W YORK the above Subscriber Date. RELEASED Taken f r o m Vault from United States Government obligations in the amount indicated above. Counted BY. Checked Delivered described List of customers, whose applications for coupon bonds are included in the foregoing subscription, entered and certified by ( N a m e of banking institution) Post office address State. Please list applications in order according to amounts, the largest amounts first. Name of Customer Do not use this space (Please print or use typewriter) Address Amount Subscribed FORM N O . 2% 4 (GREEN CODE) Application N o . IN REGISTERED FORM (Subscription for coupon bonds of this issue should be submitted on Form No. 3) Subscription for own account by banks accepting demand deposits should be entered on Form No. 5 which will be mailed to reach them by April 28, 1943. CASH SUBSCRIPTION UNITED STATES OF AMERICA 2 % TREASURY BONDS OF 1950-52 DATED APRIL 15, 1943 DUE SEPTEMBER 15, 1952 Dated at. 1943 FEDERAL RESERVE B A N K OF N E W YORK, Fiscal Agent of the United States, Government Bond Department—1st Floor: Pursuant to the provisions of Treasury Department Circular No. 709, dated April 12, 1943, please enter subscription for 2% Treasury Bonds of 1950-52, in registered form in face amounts as follows: For own account \ For banks which do not accept de- 7 ( mand deposits and other subscribers. s.j For customers ( Subscriptions by securities dealers and brokers for account { of customers must be entered through banking institutions. Total subscription Classification of subscriptions for computation of interest accrual: Aggregate Subscriptions of $500 and $1,000. No accrued interest Subscriptions from $1,500 to $24,500. One day's accrued interest may be calculated at $0.05 per $1,000 Subscriptions of $25,000 and over. One day's accrued interest is $0.05435 per $1,000 Face Amount Accrued $ $ $ $ $ $ Interest Total NONE Full amount of payment $ * Interest must be computed from April 15, 1943 to date funds will be available to Federal Reserve Bank. • • Payment in full for such securities is made as indicated below: • By credit to our War Loan Deposit Account (For use of By check and/or cash herewith qualified depositaries only). The election to pay by credit T* , , ~ . will be deemed a certification by the officer who signs this subscription form that the full amount of payment due on this subscription has been deposited on the date hereof to the credit ^ . 1 - T - i T By charge to our Reserve Account which is hereby authorized. (For use of member banks only) 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. Please inscribe bonds as indicated on the reverse side of this form, and deliver as follows: Deliver over the counter to subscriber ( ) Mail to subscriber ( ) Mail to registered owner (s) ( ) Special Instructions: IMPORTANT: No changes in delivery instructions will be accepted. A separate subscription must be submitted for each group of securities as to which different delivery instructions are given. TO S U B S C R I B E R : Name of subscriber. Please indicate whether this is: T y p e w r i t e o r print Original subscription • Confirmation of a telegram • By. Title Official signature required City, Town or Village, and State Confirmation of a letter DO NOT U S E SPACES B E L Q W Delivery Receipt SUBSCRIPTION RECORD P A Y M E N T RECEIVED Received EXAMINED CARDED FEDERAL RESERVE B A N K OF N E W YORK the above Subscriber RELEASED Taken f r o m V a u l t from described United States Government obligations in the amount indicated above. By. Date. Counted Checked Delivered SCHEDULE FOR ISSUE OF REGISTERED BONDS t^g* Names and addresses must be printed or typewritten. Please list applications in order according to amounts, the largest amounts first. Do not us* this •pace Indicate under appropriate denominations, number of bonds deeiroi. Name in which bond of this issue shall be registered, and poetoffice address for interest checks and mail. Amount $500 $1,000 $5,000 $10,000 $ioo,o»o 3i.oeo.eeo (PINK CODE) FORM N O . 7/s% 6 Application No. CERTIFICATES OF INDEBTEDNESS Subscription for own account by banks accepting demand deposits should be entered on Form No. 7. CASH SUBSCRIPTION UNITED STATES OF AMERICA Vq% TREASURY CERTIFICATES OF INDEBTEDNESS OF SERIES B-1944 DATED APRIL 15, 1943 DUE APRIL 1, 1944 FEDERAL RESERVE B A N K OF N E W Y O R K , Dated at Fiscal Agent of the United States, 1943 Government Bond Department—1st Floor: " Pursuant to the provisions of Treasury Department Circular No. 710, dated April 12, 1943, please enter subscription for % % Treasury Certificates of Indebtedness of Series B-1944, in face amounts as follows: f For banks which do not accept de- ) \ mand deposits and other subscribers. J For own account. For customers { List of customers, whose applications are included in] this subscription, must be entered on reverse side. Sub- [_ scriptions by securities dealers and brokers for account of [ customers must be entered through banking institutions.J $. Total subscription $_ Classification of subscriptions for computation of interest accrual: Aggregate Face Amount Subscriptions from $1,000 to $24,000. One day's accrued interest may be calculated at $0.02 per $1,000 $ Subscriptions of $25,000 and over. is $0.0239.1 per $1,000 $ One day's accrued interest Accrued Interest Total $ Full amount of payment $.... * Interest must be computed from April 15, 1943 to date funds will be available to Federal Reserve Bank. • • Payment in full for such securities is made as indicated below: • By credit to our "War Loan Deposit Account (For use of By check and/or cash herewith qualified depositaries only). The election to pay by credit will be deemed a certification by the officer who signs this subscription form that the full amount of payment due on this By charge to our Reserve Account which is hereby . j /T-, authorized. „ i i i i\ (For use of member banks only) * subscription has been deposited on the date hereof to the credit of the £ederal R e s e r v e B l auk o f N e w York> as fiscal a g e n t o f t h e United States, War Loan Deposit Account, to be held subject to withdrawal on demand. Please issue and dispose of certificates as follows: DENOMINATIONS Pieces DISPOSITION Par Value $ Leave Blank 1,000 5,000 1. Deliver over the counter to subscriber ( ) 2. Mail to subscriber ( ) 3. Hold as collateral for War Loan deposits 10,000 ( ) The undersigned, if a qualified depositary, hereby certifies that the securities which you are hereby or hereafter instructed to dispose of in the manner indicated in item numbered 3 are either the sole property of the undersigned or the property of its customers who have authorized in writing such disposition. 100,000 1,000,000 Total I M P O R T A N T : No changes in delivery instructions will be accepted. A separate subscription must be submitted for each group of securities as to which different delivery instructions are given. 4. Special Instructions: Name of subscriber. TO S U B S C R I B E R : T y p e w r i t e o r print Pleaao indicate whether this is: Original subscription • Confirmation of a telegram • Confirmation of a letter • By. Title Official iignature required City, Town or Village, and State. DO NOT U S E SPACES B E L O W SUBSCRIPTION Delivery Keceipt RECORD Received P A Y M B M T REOEIVED EXAMINED from FEDERAL. KESERVE B A N K OF N E W YORK the above described United States Government obligations in the amount indicated above. CARDED Date By List of customers, whose applications for securities are included in the foregoing subscription, entered and certified by (Name of banking inititution) Post office address State. iSP Please list applications in order according to amounts, the largest amounts first. Name of Customer Do not use this space (Please print or use typewriter) Address Amount Subscribed (PINK F O R M N N "7 C A S H S U B S C R I p CODE) Application Number X I 0 N FOR OWN ACCOUNT BY BANK ACCEPTING DEMAND DEPOSITS Vs% Certificates of Indebtedness of Series B-1944 Dated at Important Information 1943 1. Payment for securities allotted on this subscription must be made on April 22, 1943 at par and accrued interest from April 15, 1943 to April 22, 1943. One day's accrued interest is $0.02391 per $1,000. Accrued interest at such rate from April 15,1943 to April 22, 1943 is $0.16737 per $1,000. On subscriptions for less than $25,000 one day's accrued interest may be calculated at $0.02 per $1,000. 2. Subject to the reservations set forth in Treasury Department Circular No. 710, subscriptions for $100,000 or less from banks accepting demand deposits will be allotted in full and larger subscriptions from such banks will be allotted on an equal percentage basis. 3. Subscriptions can be made only in multiples of $1,000. 4. The subscription books will be open April 12, April 13 and April 14, 1943 for the receipt of subscriptions for own account from banks accepting demand deposits. FEDERAL RESERVE B A N K OF N E W Y O R K , Fiscal Agent of the United States, Securities Department—1st Floor: D E A R SIRS : Pursuant to the provisions of Treasury Department Circular No. 710, dated April 12, 1943, please enter our subscription as follows for UNITED STATES OF AMERICA % PERCENT TREASURY CERTIFICATES OF INDEBTEDNESS OF SERIES B-1944, DATED APRIL 15, 1943, DUE APRIL 1, 1944 DO N O T U S E T H I S SPACE ALLOTMENT # For our own account $. Figured Checked Advised We agree: 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 and accrued interest to April 22, 1943. Such payment will be made by the method indicated hereon. By charge to our reserve account Q By check Q TO S U B S C R I B E R : Mark ( X ) in proper space to indicate if this is: Original subscription Confirmation of a telegram. Confirmation of a l e t t e r . . . . By credit to War Loan Deposit Account Q i W Fill in all required spaces before signing. (Name of Banking Institution) ••• By Address. (Official signature) (Title) (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 Loau Deposit Account and may also be deposited with Federal Reserve Bank of New York as collateral security for snch Account. SPACES B E L O W A R E FOR T H E U S E OF T H E F E D E R A L R E S E R V E SUBSCRIPTION RECORD BLOTTER E X A M I N E D FOR CLASSIFICATION OWN ACCOUNT CHECKED CHECKED EXAMINED CARDED Digitized A C K Nfor O WFRASER LEDGED BANK PAYMENT DISPOSITION D R/A B/C C