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

r Circular N o . 2 8 1 4 T.
L
July 7, 1944
J

FIFTH WAR

LOAN

SUBSCRIPTION BOOKS TO CLOSE JULY 8, 1944
ON CASH OFFERING OF

2^/2 Percent Treasury Bonds of 1965-70, Additional Issue
2 Percent Treasury Bonds of 1952-54
114 Percent Treasury Notes of Series B-1947
7/g

Percent Treasury Certificates of Indebtedness of Series C-1945

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

The following press statement was today made public:
The Secretary of the Treasury today called attention to the fact that the subscription books for the four issues of marketable securities will close, and the Fifth War
Loan Drive will terminate, at the close of business July 8. These issues are the
2y 2 percent Treasury Bonds of 1965-70, the 2 percent Treasury Bonds of 1952-54, the
percent Treasury Notes of Series B-1947 and the % percent Treasury Certificates
of Indebtedness of Series C-1945. Sales of the three issues of savings bonds, Series
E, F and G, and of Series C Savings Notes, will, of course, continue.
Subscriptions for the four issues of marketable securities which are placed in the
mail up to midnight of July 8 will be treated as timely subscriptions. As previously
announced, subscriptions for savings bonds and savings notes processed by the Federal
Reserve Banks or the Treasury up to the close of business July 31 will be credited to
the Drive.

Every effort should be made, within the time now remaining, to promote the
sale of the securities offered in the Fifth War Loan, particularly to individuals.




ALLAN SPROUL,

President.