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Fed e r a l Reser ve

bank

of

Dallas

F IS C A L A G E N T O F T H E U N IT E D S T A T E S
DALLAS, TEXAS

75222

Circular No. 68-1^0
June 19, 1968
To All Qualified Issuing Agents for United States
Savings Bonds and Savings Notes in the Eleventh
Federal Reserve District:

As announced by the President, interest rates on new and
outstanding Series E and H savings bonds have been improved, effective
June 1, when held to maturity.

The interest rate on the United States

savings notes has also been improved and the notes are now eligible
for sale over-the-counter for cash in combination with Series E bonds
in addition to being offered on payroll and bond-a-month plans.

The

limit on the sale of savings notes will be $350 per calendar quarter
and $1,350 per year as outlined in literature previously furnished you
directly by the Treasury Department.
The governing regulations and circulars are in the process
of revision by the Treasury Department and will be furnished to agents
when they become available.
Enclosed is a supply of Form PD 3850 "Combination Purchase
Application for U. S. Savings Notes and U. S. Savings Bonds - Series E,"
for your use.

A sample copy of the form with instructions for its use

has been previously furnished you by the Treasury Department.

Additional

supplies of the form may be obtained from this bank.

Federal Reserve Bank of Dallas
Fiscal Agent of the United States
Enclosures

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

Form P D 3 8 5 0
TR E A S . D E P T .
Bur. Pub lic D e b t

Ref . No.

COMBINATION PURCHASE APPLICATION FOR

U . S . Savings Notes (Freedom Shares) and U . S . Savings B o n d s - S e r i e s E
I M P O R T A N T . Savings notes may be purchased ONLY in combination wi th Series E bonds of equal
or greater face amounts and only in the same form of reg istration. N o t e s c a n n o t be p u r c h a s e d

s e p a r a t e l y . R e g i s t r a t i o n i s r e s t r i c t e d t o a n a t u r a l p e r s o n ( a d u l t or minor) in h i s ow n r ight, or, if
d e s i r e d , w ith a n o t h e r n a tu r a l p e r s o n a s c o o w n e r or b e n e f i c i a r y . T o t a l a g g r e g a t e n o te p u r c h a s e s
c a n n o t e x c e e d $ 3 5 0 (f a c e a mo u n t ) a c a l e n d a r q u a r t e r and c a n n o t e x c e e d $ 1, 3 5 0 ( f a c e amo un t) a
c a l e n d a r ye ar . ________________ T Y P E OR P R I N T A L L I N F O R M A T I O N _______________________________
T h e u n d e r s i g n e d h e r e b y a p p l i e s for U . S . S a v i n g s N o t e s ( i s s u e d p u r s u a n t to T r e a s u r y D e p a r t ­
me nt C i r c u l a r , P u b l i c D eb t S e r i e s No. 3-67, F i r s t R e v i s i o n ) in c o m b i n a t i o n w it h U. S. S a v i n g s
B o n d s , S e r i e s E ( i s s u e d p u r s u a n t to T r e a s u r y D e p a r t m e n t C i r c u l a r No. 6 53, c u r r e n t r e v i s i o n ) , a s
follows :

N O T E S A ND B ON DS T O BE I N S C R I B E D AS F O L L O W S : ( " M i s s ” or " M r s . ” m u s t b e s h o w n
w h e n e v e r a w o m a n ’s n a m e a p p e a r s . A m a r r i e d w o m a n ’s f i r s t n a m e m u s t b e s h o w n , n ot t h a t of h er
husband.)
N a m e -----------------------------------------------------------------------------------------------------------------------------------------------------—

A ddress

(N u m b er a n d s t r e e t or r u r al ro u te )
( C i t y or t o w n )

(S tate)

T h e f o l l o w i n g p e r s o n , if a n y, t o b e n a m e d a s

Q

(Z IP code)

coowner

Q

beneficiary :

N a m e ____________________________________________________________________________________________
B o n d s w i l l b e d e l i v e r e d to o w n e r or f i r s t - n a m e d c o o w n e r u n l e s s o t h e r w i s e h e r e i n s t r u c t e d
N a m e ______________________________________________________________________________________ _____
Addr

(N um b e r a n d s t r e e t or r u r a l r o u t e )

( C i t y or to w n )

( S ta t e )

(Z IP code)

I
c e r ti f y t h a t my p u r c h a s e s o f s a v i n g s n o t e s in c o m b i n a t i o n w ith S e r i e s E s a v i n g s b o n d s do
not e x c e e d $3 50 (f a c e a m o u n t) f or t h i s c a l e n d a r q u a r t e r a n d do n ot e x c e e d th e a n n u a l li m i t a t i o n s
of SI , 350 ( f a c e a mo u n t) for n o t e p u r c h a s e s a n d h o l d i n g s .
Dat e

SIGN AND
DATE HERE

S ig n a tu r e of
A p p li c a n t _

Address
(if not g iv e n a b o v e )

(N u m b e r a n d s t r e e t or r u r a l r o u t e )

METHOD OF ▲
PA YMENT
▼

I-1 C A S H , S A V I N G S
I_I s t a m p s , o r c h e c k

FOR
ISSUE

A P P L I C A TI O N NO.

MONTH

SHIPPING

DAT E M A I L E D /
DELIVERED

MEMORANDUM

NO.

( C i t y or to w n )

I---1 D E B I T M Y / O U R
|_| a c c o u n t

USE OF

(State)

(Z IP code)

I
I
1 |
___

ISSUING AGENT
NOTES/BONDS
S C R I B E D BY

IN­

NOTES/BONDS

D A T E OF I S S U E

RECEIVED

RECEIPT ( f o r use by agent receiving applications)

NOTES/BONDS
I F I E D BY

VER­

BY

Ref.

R e c e i v e d , $ ________________________ from ____________________________________

(

. ( F a c e Am ou n t) U n i t e d S t a t e s S a v i n g s N o t e s .

p u r c h a s e p r i c e of

$

. ( F a c e Am o u n t) U n i t e d S t a t e s S a v in g s B o n d s , S e r i e s E.

Date .
GPO 94 4-196


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102