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FEDERAL RESERVE BANK OF DALLAS
F IS C A L A G E N T O F TH E U N ITE D S T A T E S

Dallas, Texas, December 8, 1941

To A ll Banking Institutions, and Others Concerned,
in the Eleventh Federal Reserve D istrict:

For your information, there is quoted below press statement issued by the Secretary
of the Treasury:
“ Secretary o f the Treasury Morgenthau today announced the subscription figures and
the bases of allotment for the offering of 2 percent Treasury Bonds of 1951-55 and of 21/2
percent Treasury Bonds of 1967-72.
“ For the 2 percent Treasury Bonds of 1951-55, reports received from the Federal
Reserve banks show that subscriptions total approximately $4,695,000,000. Subscriptions
in amounts up to and including $5,000, where the subscribers specified that delivery be
made in registered bonds ninety days after the issue date, were allotted in full. All other
subscriptions were allotted 11 percent on a straight percentage basis, with adjustments,
where necessary, to the $100 denomination.
“ For the 21/2 percent Treasury Bonds of 1967-72, reports received from the Federal
Reserve banks show that subscriptions total approximately $6,955,000,000. Subscriptions
in amounts up to and including $5,000, where the subscribers specified that delivery be
made in registered bonds ninety days after the issue date, were allotted in full. All other
subscriptions were allotted 15 percent on a straight percentage basis, with adjustments,
where necessary, to the $100 denomination.
“ Further details as to subscriptions and allotments will be announced when final
reports are received from the Federal Reserve banks.
December 8,1941

HENRY MORGENTHAU, JR.
Secretary of the Treasury”

Our usual allotment notices will be mailed December 10.

Yours very truly,
R. R. GILBERT
President

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