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FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States f Circular N o . 2 7 9 2 1 L April 24, 1944 J SUBSCRIPTION BOOKS TO CLOSE APRIL 26, 1944 ON EXCHANGE OFFERING OF % Percent Treasury Certificates of Indebtedness of Series D-1945 Dated May 1, 1944 Due May 1, 1945 To all Banking Institutions, and Others Concerned, in the Second Federal Reserve District: In accordance with instructions received today from the Secretary of the Treasury, the subscription books for the current exchange offering of % percent Treasury Certificates of Indebtedness of Series D-1945, open to the holders of Treasury Certificates of Indebtedness of Series C-1944, maturing May 1,1944, will close at the close of business Wednesday, April 26, 1944. Subscriptions addressed to a Federal Reserve Bank or Branch and placed in the mail before 12 o'clock midnight, Wednesday, April 26, 1944, will be considered as having been entered before the close of the subscription books. ALLAN SPROUL, President. FEDERAL RESERVE BANK O F NEW YORK April 26, 1944. To all Banking Institutions in the Second Federal Reserve District: We are pleased to announce that North Shore Bank Trust Company, Oyster Bay, New York, has become a member of the Federal Reserve System effective April 26, 1944. ALLAN SPROUL, President.