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FEDERAL RESERVE BANK OF DALLAS
F IS C A L A G E N T O P TH E U N ITED ST A T E S

Dallas, Texas, April 27, 1943

CLOSING O F SU BSCRIPTIO N BOOKS

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

Secretary of the Treasury Morgenthau announced on April 26, 1943,
that the Second War Loan drive will terminate and the subscription books
will close as to non-bank investors at the close of business May 1, 1943,
with respect to the three issues of marketable securities. These issues are
the 2 percent Treasury Bonds of 1964-69, 2 percent Treasury Bonds of
1950-52, and % percent Treasury Certificates of Indebtedness of Series
B-1944. The sale of Tax Savings Notes and United States Savings Bonds
will continue without interruption.
Subscriptions addressed to a Federal Reserve bank or branch or to the
Treasury Department and placed in the mail before twelve o’clock mid­
night on Saturday, May 1, 1943, for the three issues on which the subscrip­
tion books close on that day, will be considered as having been entered
before the close of the subscription books.
As previously announced, the 2 percent Treasury Bonds of 1950-52 will
be open for subscriptions from commercial banks for their own account on
April 28, 29, and 30, 1943. Subscriptions from commercial banks to this
issue, addressed to a Federal Reserve bank or branch or to the Treasury
Department and placed in the mail before twelve o’clock midnight of Friday,
April 30, 1943, will be considered as having been entered before the close
of the subscription books.
The Secretary of the Treasury also announced that in order that the
heavy volume of Savings Bonds which are being sold during this drive may
be reflected in the totals, all such sales processed through the Federal
Reserve banks by May 8, 1943, will be included in the final figures.
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)