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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.