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FEDERAL RESERVE BANK OF NEW YORK Fiscal A g e n t o f the U n i t e d States /"Circular N o . 2 9 6 5 1 L June 28, 1945 J S E V E N T H W A R L O A N SUBSCRIPTION B O O K S T O CLOSE JUNE 30, 1945 ON CASH O F F E R I N G OF 2 P e r c e n t T r e a s u r y B o n d s of 1967-72 2y A P e r c e n t T r e a s u r y B o n d s of 1959-62 \y 2 P e r c e n t T r e a s u r y B o n d s of 1950 7/% P e r c e n t T r e a s u r y Certificates of I n d e b t e d n e s s of Series E - 1 9 4 6 To all Banking Institutions, and Others Concerned, in the Second Federal Reserve District: The following press statement was today made public: T h e Secretary of the T r e a s u r y t o d a y called attention t o the fact that the subscription b o o k s f o r the f o u r issues of marketable securities w i l l close, and the Seventh L o a n D r i v e will terminate, at the c l o s e of business June 30. War T h e s e issues are the 2 y 2 p e r c e n t T r e a s u r y B o n d s o f 1967-72, the 2 % p e r c e n t T r e a s u r y B o n d s of 1959-62, the 1 y 2 p e r c e n t T r e a s u r y B o n d s of 1950 and the % p e r c e n t T r e a s u r y Certificates of I n d e b t e d ness of Series E-1946. Sales of the three issues of s a v i n g s b o n d s , Series E , F and G , and of Series C S a v i n g s N o t e s , will, o f c o u r s e , c o n t i n u e . S u b s c r i p t i o n s f o r the f o u r issues of marketable securities w h i c h are placed in the mail u p t o m i d n i g h t o f June 30 w i l l b e treated as t i m e l y subscriptions. Allan Sproul, President.