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FEDERAL RESERVE BANK OF DALLAS FISCAL AGENT OF THE UNITED STATES Dallas Texas April 29,1953 CASH ALLOTMENT FIGURES AND CLOSING OF EXCHANGE SUBSCRIPTION BOOKS FOR THE 3 % PERCENT TREASURY BONDS OF 1978-83 To All Banking Institutions, and Others Concerned, in the Eleventh Federal Reserve District: There is quoted below a press statement issued today by the Treasury Department: “ Secretary of the Treasury Humphrey today announced the allotment figures with respect to the current offering of 3 % percent Treasury Bonds of 1978-83. “ Allotments were divided among the several Federal Reserve districts and the Treasury as follows: Federal Reserve District Total Allotments Boston . . . . . . . . . $ 66,858,500 New Y o r k ........................................................................ 570,603,000 P h i l a d e l p h i a ............................................................... 33,871,000 C le v e l a n d ........................................................................ 48,343,500 R ic h m o n d ........................................................................ 49,540,500 A t l a n t a ........................................................................ 30,649,000 C h i c a g o ........................................................................ 106,800,500 St. L o u i s ........................................................................ 23,566,000 M i n n e a p o l i s ............................................................... 19,185,000 Kansas C i t y ............................................................... 17,605,000 D a l l a s ........................................................................ 21,758,000 San F r a n c i s c o ............................................................... 80,575,500 T r e a s u r y ........................................................................ 705,500 Government Investment Accounts . . . . 117,779,000 T o t a l .....................................................................$1,187,840,000 “ Allotments by investor classes were as follows: Investor Class 1. 2. 3. 4. 5. 6. 7. 8. 9. Allotments (In millions of dollars) Individuals, partnerships, and personal trust accounts . Savings b a n k s ....................................................... 102.2 Insurance c o m p a n i e s ................................... 97.4 Dealers, brokers, investment houses . . . . Federal agencies and Federal trust funds . . . State and local governm ents.......................... 74.6 Building and loan and savings and loan associations . Other nonbanking corporations, pension trusts, etc. . Commercial b a n k s ....................................................... 128.6 T o t a l ...........................................................$1,069.8 Government investment a c c o u n t s ............................ 118.0 Grand T o t a l ......................................... $1,187.8 $ 254.6 158.2 2.0 37.8 214.4 This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) “ In announcing the figures on the cash offering, Secretary Humphrey also called attention to the fact that the subscription books will close at the close of business April 30 for the exchange of Series F and G Savings Bonds maturing in the months of May through December, 1953, for the 3^4 percent Treasury Bonds of 1978-83. “ Exchange subscriptions placed in the mail before midnight Thursday, April 30, will be considered as having been entered before the close of the subscription books. “ Announcement of the amount of exchange subscriptions and their division by Federal Reserve districts will be made later.” EXCHANGE SUBSCRIPTIONS for the 3% percent Treasury Bonds of 1978-83 addressed to this bank or appropriate branch and placed in the mail before midnight, Thursday, April 30, will be considered timely subscriptions. Yours very truly, R. R. GILBERT President