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F ederal r eser v e 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 70-25 January 29, 1970 EXCHANGE OFFERING To All Banking Institutions and Others Concerned In the Eleventh Federal Reserve District: Enclosed are Treasury Department Circulars, Public D ebt Series Nos. 1-70, 2-70 and 3-70, and sub scription forms relating to the refunding of Treasury securities maturing February 15 and March 15, 1970. SECURITIES OFFERED 8 Vi percent Treasury Notes of Series F-1971 8 Vs percent Treasury Notes of Series B-1973 8 percent Treasury Notes of Series A - 1977 SECURITIES ELIGIBLE FOR EXCHANGE 4 percent Treasury Bonds of 1970 2 V percent Treasury Bonds of 1 965-70 a PAYMENT Paym ent in the form of the eligible securities should accompany the subscriptions; however, where this is not possible the securities should be received no later than February 10. Paym ent may not be made by cash. CLOSING OF SUBSCRIPTION BOOKS T he subscription books will be open on February 2 through February 4, and subscriptions placed in the mail before midnight on W ednesday, February 4, will be considered as timely. Subscriptions will be received at this Bank and its Branches at El Paso, Houston and San Antonio, and should be submitted on the enclosed forms. Additional circulars and forms will be furnished upon request. Yours very truly, P. E. Coldwell President Enclosures This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) UNITED STATES OF AMERICA 8V4 PERCENT TREASURY NOTES OF SERIES F-1971 Dated and bearing interest from February 15, 1970 Due August 15, 1971 TREASURY D EPA RTM EN T Office of th e Secretary W ashington, Jan u ary 29, 1970 DEPARTMENT CIRCULAR Public D eb t Series No. 1-70 I. OFFERING OF NOTES 1. The Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, as amended, offers notes of the United States, designated 8 Va percent Treasury Notes of Series F-1971, at par, in exchange for the following securities, singly or in combinations aggregating $1,000 or multiples thereof: (1 ) 4 percent Treasury Bonds of 1970, due February 15, 1970; or (2 ) V2 percent Treasury Bonds of 1965-70, due March 15, 1970, with a cash payment of $1.14 per $1,000 to subscribers. 2 Interest will be adjusted on the 2Vz percent bonds of 1965-70 as of March 15, 1970. Paym ents on account of accrued interest and cash adjustments will be made as set forth in Section IV hereof. The amount of this offer ing will be limited to the amount of eligible securities tendered in exchange. The books will be open only on February 2 through February 4, 1970, for the receipt of subscriptions. 2. In addition, holders of the securities enumerated in Paragraph 1 of this section are offered the privilege of exchanging all or any part of them for 8 Vs percent Treasury Notes of Series B-1973, or 8 percent Treasury Notes of Series A-1977, which offerings are set forth in Department Circulars, Public D ebt Series Nos. 2-70 and 3-70, issued simultaneously with this circular. II. DESCRIPTION OF NOTES 1. The notes will be dated February 15, 1970, and will bear interest from that date at the rate of 8 V4 percent per annum, payable semiannually on August 15, 1970, and February 15 and August 15, 1971.They will mature August 15, 1971, and will not be subject to call for redemption prior to maturity. 2. The income derived from the notes is subject to all taxes imposed under the Internal Revenue Code of 1954. The notes are subject to estate, inheritance, gift or other excise taxes, whether Federalor State, but areexempt from all taxation now or hereafter imposed on the principal or interest thereof by any State, or any of the possessions of the United States, or by any local taxing authority. 3. The notes will be ment of taxes. acceptable to secure deposits of public moneys. T hey will not be acceptable inpay 4. Bearer notes with interest coupons attached, and notes registered as to principal and interest, will be issued in denominations of $1,000, $5,000, $10,000, $100,000 and $1,000,000. Provision will be made for the interchange of notes of different denominations and of coupon and registered notes, and for the transfer of registered notes, under rules and regulations prescribed by the Secretary of the Treasury. 5. T he notes will be subject to the general regulations of the Treasury Department, now or hereafter scribed, governing United States notes. pre III. SUBSCRIPTION AND ALLOTMENT 1. Subscriptions accepting the offer made by this circular will be received at the Federal Reserve Banks and Branches and at the Office of the Treasurer of the United States, Washington, D . C. 20220. Banking institutions generally may submit subscriptions for account of customers, but only the Federal Reserve Banks and the Treasury Department are authorized to act as official agencies. 2. Under the Second Liberty Bond Act, as amended, the Secretary of the Treasury has the authority to reject or reduce any subscription, and to allot less than the amount of notes applied for when he deems it to be in the public interest; and any action he may take in these respects shall be final. Subject to the exercise of that authority, all subscriptions will be allotted in full. IV. PAYMENT 1. Paym ent for the face amount of notes allotted hereunder must be made on or before February 16, 1970, or on later allotment, and may be made only in a like face amount of securities of the issues enumerated in Paragraph 1 of Section I hereof, which should accompany the subscription. Paym ent will not be deemed to have been completed where registered notes are requested if the appropriate identifying number as required on tax returns and other documents submitted to the Internal Revenue Service (an individual’s social security number or an employer identification number) is not furnished. 2. 4 percent bonds of 1970. — When payment is made with bonds in bearer form, coupons dated Feb ruary 15, 1970, should be detached and cashed when due. When payment is made with registered bonds, the final interest due on February 15, 1970, will be paid by issue of interest checks in regular course to holders of record on January 15, 1970, the date the transfer books closed. 3. 2 ’/a percent bonds of 1965-70. — W hen payment is made with bonds in bearer form, coupons dated March 15, 1970, must be attached to the bonds when surrendered. Accrued interest from September 15, 1969, to March 15, 1970 ($12.50 per $1,000) plus the cash payment due subscriber ($1.14 per $1,000) will be credited and accrued interest from February 15 to March 15, 1970 ($6.38122 per $1,000) on the notes will be charged and the difference ($7.25878 per $1,000) will be paid to subscribers. Payments will be made by check or by credit in any account maintained by a banking institution with the Federal Reserve Bank of its District follow ing acceptance of the securities surrendered. In the case of registered securities, the payment will be made in accordance with the assignments thereon. V. ASSIGNMENT OF REGISTERED BONDS 1. Registered bonds tendered in payment for notes offered hereunder should be assigned by the registered payees or assignees thereof, in accordance with the general regulations of the Treasury Department governing assignments for transfer or exchange, in one of the forms hereafter set forth, and thereafter should be sur rendered with the subscription to a Federal Reserve Bank or Branch or to the Office of the Treasurer of the United States, Washington, D. C. 20220. The bonds must be delivered at the expense and risk of the holder. If the notes are desired registered in the same name as the bonds surrendered, the assignment should be to “The Secretary of the Treasury for exchange for 8 Vi percent Treasury Notes of Series F-1971”; if the notes are desired registered in another name, the assignment should be to “The Secretary of the Treasury for exchange for 8 Vi percent Treasury Notes of Series F-1971 in the name o f _______________if notes in coupon form are desired, the assignment should be to “T he Secretary of the Treasury for exchange for 8 Vi percent Treasury N otes of Series F-1971 in coupon form to be delivered t o _________________ ” VI. GENERAL PROVISIONS 1. As fiscal agents of the United States, Federal Reserve Banks are authorized and requested to receive subscriptions, to make such allotments as may be prescribed by the Secretary of the Treasury, to issue such notices as may be necessary, to receive payment for and make delivery of notes on full-paid subscriptions allotted, and they m ay issue interim receipts pending delivery of the definitive notes. 2. The Secretary of the Treasury may at any time, or from time to time, prescribe supplemental or amendatory rules and regulations governing the offering, which will be communicated promptly to the Federal Reserve Banks. D A V ID M. K EN N ED Y , Secretary of the Treasury. UNITED STATES OF AMERICA 8 Vs PERCENT TREASURY NOTES OF SERIES B-1973 Dated and bearing interest from February 15, 1970 Due August 15, 1973 TREA SURY D EPA RTM EN T Office of th e Secretary W ashington, Jan u ary 29, 1970 DEPARTMENT CIRCULAR Public D ebt Series No. 2-70 I. OFFERING OF NOTES 1. The Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, as amended, offers notes of the United States, designated 8 Vs percent Treasury Notes of Series B-1973, at par, in exchange for the following securities, singly or in combinations aggregating $1,000 or multiples thereof: ( 1 ) 4 percent Treasury Bonds of 1970, due February 15, 1970; or (2 ) 2Vz percent Treasury Bonds of 1965-70, due March 15, 1970, with a cash payment of $1.04 per $1,000 to subscribers. Interest will be adjusted on the percent bonds of 1965-70 as of March 15, 1970. Payments on account of accrued interest and cash adjustments will be made as set forth in Section IV hereof. The amount of this offering will be limited to the amount of eligible securities tendered in exchange. T he books will be open only on February 2 through February 4, 1970, for the receipt of subscriptions. 2. In addition, holders of the securities enumerated in Paragraph 1 of this section are offered the privilege of exchanging all or any part of them for 8 V4 percent Treasury Notes of Series F-1971 or 8 percent Treasury Notes of Series A-1977 which offerings are set forth in Department Circulars, Public D ebt Series — Nos. 1-70 and 3-70, issued simultaneously with this circular. II. DESCRIPTION OF NOTES 1. The notes will be dated February 15, 1970, and will bear interest from that date at the rate of 8% percent per annum, payable semiannually on August 15, 1970, and thereafter on February 15 and August 15 in each year until the principal amount becomes payable. T hey will mature August 15, 1973, and will not be subject to call for redemption prior to maturity. 2. The income derived from the notes is subject to all taxes imposed under the Internal Revenue Code of 1954. The notes are subject to estate, inheritance, gift or other excise taxes, whether Federal or State, but are exempt from all taxation now or hereafter imposed on the principal or interest thereof by any State, or any of the possessions of the United States, or by any local taxing authority. 3. The notes will be acceptable to secure deposits of public moneys. T hey will not be acceptable in pay ment of taxes. 4. Bearer notes with interest coupons attached, and notes registered as to principal and interest, will be issued in denominations of $1,000, $5,000, $10,000, $100,000 and $1,000,000. Provision will be made for the interchange of notes of different denominations and of coupon and registered notes, and for the transfer of registered notes, under rules and regulations prescribed by the Secretary of the Treasury. 5. T he notes will be subject to the general regulations of the Treasury Department, now or hereafter prescribed, governing United States notes. III. SUBSCRIPTION AND ALLOTMENT 1. Subscriptions accepting the offer made by this circular will be received at the Federal Reserve Banks and Branches and at the Office of the Treasurer of the United States, Washington, D. C. 20220. Banking insti tutions generally m ay submit subscriptions for account of customers, but only the Federal Reserve Banks and the Treasury Department are authorized to act as official agencies. 2. Under the Second Liberty Bond Act, as amended, the Secretary of the Treasury has the authority to reject or reduce any subscription, and to allot less than the amount of notes applied for when he deems it to be in the public interest; and any action he may take in these respects shall be final. Subject to the exercise of that authority, all subscriptions will be allotted in full. IV. PAYMENT 1. Paym ent for the face amount of notes allotted hereunder must be made on or before February 16, 1970, or on later allotment, and may be made only in a like face amount of securities of the issues enumerated in Paragraph 1 of Section I hereof, which should accompany the subscription. Paym ent will not be deemed to have been completed where registered notes are requested if the appropriate identifying number as required on tax returns and other documents submitted to the Internal Revenue Service (an individual’s social security number or an employer identification number) is not furnished. 2. 4 percent bonds of 1970. — When payment is made with bonds in bearer form, coupons dated Febru ary 15, 1970, should be detached and cashed when due. When payment is made with registered bonds, the final interest due on February 15, 1970, will be paid by issue of interest checks in regular course to holders of record on January 15, 1970, the date the transfer books closed. 3. 2Vi percent bonds of 1965-70. — When payment is made with bonds in bearer form, coupons dated March 15, 1970, must be attached to the bonds when surrendered. Accrued interest from September 15, 1969, to March 15, 1970 ($12.50 per $1,000) plus the cash payment due subscribers ($1.04 per $1,000) will be credited and accrued interest from February 15 to March 15, 1970 ($6.28453 per $1,000) on the notes will be charged and the difference ($7.25547 per $1,000) will be paid to subscribers. Payments will be made by check or by credit in any account maintained by a banking institution with the Federal Reserve Bank of its District following acceptance of the securities surrendered. In the case of registered securities the payment will be made in accordance with the assignments thereon. V. ASSIGNMENT OF REGISTERED BONDS 1. Registered bonds tendered in payment for notes offered hereunder should be assigned by the registered payees or assignees thereof, in accordance with the general regulations of the Treasury Department governing assignments for transfer or exchange, in one of the forms hereafter set forth, and thereafter should be sur rendered with the subscription to a Federal Reserve Bank or Branch or to the Office of the Treasurer of the United States, Washington, D. C. 20220. The bonds must be delivered at the expense and risk of the holder. If the notes are desired registered in the same name as the bonds surrendered, the assignment should be to “The Secretary of the Treasury for exchange for 8 Vs percent Treasury Notes of Series B-1973”; if the notes are desired registered in another name, the assignment should be to “The Secretary of the Treasury for exchange for 8i/s percent Treasury Notes of Series B-1973 in the name of______________ ___ if notes in coupon form are desired, the assignment should be to “The Secretary of the Treasury for exchange for 8 Vs percent Treasury N otes of Series B-1973 in coupon form to be delivered t o _________________ ” VI. GENERAL PROVISIONS 1. As fiscal agents of the United States, Federal Reserve Banks are authorized and requested to receive subscriptions, to make such allotments as may be prescribed by the Secretary of the Treasury, to issue such notices as may be necessary, to receive payment for and make delivery of notes on full-paid subscriptions allotted, and they may issue interim receipts pending delivery of the definitive notes. 2. The Secretary of the Treasury may at any time, or from time to time, prescribe supplemental or amenda tory rules and regulations governing the offering, which will be communicated promptly to the Federal Reserve Banks. D A V ID M. K EN N ED Y , Secretary of the Treasury. UNITED STATES OF AMERICA 8 PER CENT TREASURY NOTES OF SERIES A -1977 Dated and bearing interest from February 15, 1970 Due February 15, 1977 TREA SURY D EPA RTM EN T Office of th e Secretary W ashington, Jan u ary 29, 1970 DEPARTMENT CIRCULAR Public D eb t Series No. 3-70 I. OFFERING OF NOTES 1. The Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, as amended, offers notes of the United States, designated 8 percent Treasury Notes of Series A-1977, at par, in exchange for the following securities, singly or in combinations aggregating $1,000 or multiples thereof: ( 1 ) 4 percent Treasury Bonds of 1970, due February 15, 1970; or ( 2 ) 2 V2 percent Treasury Bonds of 1965-70, due March 15, 1970, with a cash payment of $0.95 per $1,000 to subscribers. Interest will be adjusted on the 2 V2 percent bonds of 1965-70 as of March 15, 1970. Paym ents on account of accrued interest and cash adjustments will be made as set forth in Section IV hereof. The amount of this offering will be limited to the amount of eligible securities tendered in exchange. T he books will be open only on February 2 through February 4, 1970, for the receipt of subscriptions. 2. In addition, holders of the securities enumerated in Paragraph 1 of this section are offered the privilege of exchanging all or any part of them for 8 V4 percent Treasury Notes of Series F-1971 or 8 Vs percent Treasury Notes of Series B-1973 which offerings are set forth in Department Circulars Public D ebt Series Nos. 1-70 and 2-70, issued simultaneously with this circular. II. DESCRIPTION OF NOTES 1. The notes will be dated February 15, 1970, and will bear interest from that date at the rate of 8 percent per annum, payable semiannually on August 15, 1970, and thereafter on February 15 and August 15 in each year until the principal amount becomes payable. T hey will mature February 15, 1977, and will not be subject to call for redemption prior to maturity. 2. The income derived from the notes is subject to all taxes imposed under the Internal Revenue Code of 1954. The notes are subject to estate, inheritance, gift or other excise taxes, whether Federal or State, but are exempt from all taxation now or hereafter imposed on the principal or interest thereof by any State, or any of the possessions of the United States, or by any local taxing authority. 3. The notes will be acceptable to secure deposits of public moneys. T hey will not be acceptable in pay ment of taxes. 4. Bearer notes with interest coupons attached, and notes registered as to principal and interest, will be issued in denominations of $1,000, $5,000, $10,000, $100,000 and $1,000,000. Provision will be made for the interchange of notes of different denominations and of coupon and registered notes, and for the transfer of registered notes, under rules and regulations prescribed by the Secretary of the Treasury. 5. The notes will be subject to the general regulations of the Terasury Department, now or hereafter pre scribed, governing United States notes. III. SUBSCRIPTION AND ALLOTMENT 1. Subscriptions accepting the offer made by this circular will be received at the Federal Reserve Banks and Branches and at the Office of the Teasurer of the United States, Washington, D. C. 20220. Banking insti tutions generally m ay submit subscriptions for account of customers, but only the Federal Reserve Banks and the Treasury Department are authorized to act as official agencies. 2. Under the Second Liberty Bond Act, as amended, the Secretary of the Treasury has the authority to reject or reduce any subscription, and to allot less than the amount of notes applied for when he deems it to be in the public interest; and any action he may take in these respects shall be final. Subject to the exercise of that authority, all subscriptions will be allotted in full. IV. PAYMENT 1. Paym ent for the face amount of notes allotted hereunder must be made on or before February 16, 1970, or on later allotment, and may be made only in a like face amount of securities of the issues enumerated in Paragraph 1 of Section I hereof, which should accompany the subscription. Paym ent will not be deemed to have been completed where registered notes are requested if the appropriate identifying number as required on tax returns and other documents submitted to the Internal Revenue Service (an individual’s social security number or an employer identification number) is not furnished. 2. 4 percent bonds of 1970. — When payment is made with bonds in bearer form, coupons dated Febru ary 15, 1970, should be detached and cashed when due. W hen payment is made with registered bonds, the final interest due on February 15, 1970, will be paid by issue of interest checks in regular course to holders of record on January 15, 1970, the date the transfer books closed. 3. 2 ’ percent bonds of 1965-70. — When payment is made with bonds in bearer form, coupons dated /a March 15, 1970, must be attached to the bonds when surrendered. Accrued interest from September 15, 1969, to March 15, 1970 ($12.50 per $1,000) plus the cash payment due subscribers ($0.95 per $1,000) will be credited and accrued interest from February 15 to March 15, 1970 ($6.18785 per $1,000) on the notes will be charged and the difference ($7.26215 per $1,000) will be paid to subscribers. Payments will be made by check or by credit in any account maintained by a banking institution with the Federal Reserve Bank of its District follow ing acceptance of the securities surrendered. In the case of registered securities the payment will be made in accordance with the assignments thereon. V. ASSIGNMENT OF REGISTERED BONDS 1. Registered bonds tendered in payment for notes offered hereunder should be assigned by the registered payees or assignees thereof, in accordance with the general regulations of the Teasury Department governing assignments for transfer or exchange, in one of the forms hereafter set forth, and thereafter should be surrendered with the subscription to a Federal Reserve Bank or Branch or to the Office of the Treasurer of the United States, Washington, D. C. 20220. The bonds must be delivered at the expense and risk of the holder. If the notes are desired registered in the same name as the bonds surrendered, the assignment should be to “The Secretary of the Treasury for exchange for 8 percent Treasury Notes of Series A-1977”; if the notes are desired registered in another name, the assignment should be to “The Secretary of the Treasury for exchange for 8 per cent Treasury Notes of Series A-1977 in the name of______________ if notes in coupon form are desired, the assignment should be to “The Secretary of the Treasury for exchange for 8 percent Treasury Notes of Series A-1977 in coupon form to be delivered to_______________.” VI. GENERAL PROVISIONS 1. As fiscal agents of the United States, Federal Reserve Banks are authorized and requested to receive subscriptions, to make such allotments as may be prescribed by the Secretary of the Treasury, to issue such notices as may be necessary, to receive payment for and make delivery of notes on full-paid subscriptions allotted, and they may issue interim receipts pending delivery of the definitive notes. 2. The Secretary of the Treasury may at any time, or from time to time, prescribe supplemental or amendatory rules and regulations governing the offering, which will be communicated promptly to the Federal Reserve Banks. D A V ID M. K EN N ED Y , Secretary of the Treasury. EXCHANGE.SUBSCRIPTION %V*% Treasury Notes of Series B-1973 At Par Due August 15, 1973 Dated and bearing interest from February 15, 1970 To: Federal Reserve Bank, Station K, Dallas, Texas 75222 or — The.................. ............ .............. ............... ................ .......... Branch E l Paso 79999 Houston 77001 San Antonio 78206 EACH SUBSCRIPTION TO THIS ISSUE MUST BE IN A MULTIPLE OF $1,000 Pursuant to the provisions of Treasury Department Circular, Public Debt Series No. 2-70, dated January 29, 1970, the undersigned hereby subscribes for $_______________ 8V6% Treasury Notes of Series B-1973, dated February 15, 1970, maturing August 15, 1973, and tenders the following securities in payment: Net Cash Adjustment* (per $1,000 face amount) Payable to Subscriber Cash Adjustment To be paid to Subscriber Securities Tendered Face Amount 4% Treasury Bonds of 1970 $ 2 V2 % Treasury Bonds of 1965-70 $ $7.25547 *See official circular for details METHOD OF SETTLEMENT: □ Reserve account. . . □ Check. . . □ Otherwise . . . .......... ....... .......... .... ................. .... ................................................................................ The securities to be applied in payment should be listed on the reverse side and should accompany this subscription. If the securities do not accompany this subscription, please attach a letter giving complete information regarding their location and approximate date of surrender. SCHEDULE FOR ISSUE OF BEARER SECURITIES INSTRUCTIONS FOR DELIVERY OF NEW SECURITIES F ill in Number of Pieces by Denomination Number of Pi«CM DO NOT USE THIS COLUMN At Amount □ □ Custody—Member bank for own account $----------As collateral—Treasury Tax and Loan account (Bank’s own securities) $----------In joint safekeeping for own account and----------- $1,000 □ 15.000 110.000 Deliver to. 1100,000 *1,000,000 (State whether free or against funds) TOTAL « SCHEDULE FOR ISSUE OF REGISTERED SECURITIES Name or names in which securities are to be registered, tax account number of owner and mailing address for interest checks. Denominations Desired Pieces Denomination Amount (a) $ 1■1 1 1“ 1 I or Social Security No. - | Employer Identification No. S (rh $ _ f Face A m ou n t................. $ We hereby certify that at the time this subscription was entered the above-described securities surrendered or to be surrendered in connection with this exchange were owned and delivery accepted by the subscriber, or were contracted for purchase for value by the subscriber for delivery to the subscriber prior to the closing of the subscription books. □ This is an original subscription □ This is a confirmation (Name of subscriber) (Address) By. (Authorized signature) Dated................. .... ............................... .................. ____ 70-25 PLEASE FILL IN THE FORM BELOW WHICH WILL BE RETURNED TO YOU AS AN ACKNOWLEDGMENT OF YOUR SUBSCRIPTION (OVER) ' This acknowledges your subscription for 8 Vs % Treasury Notes of Series B-1973. FJR.B. Subscription No. IMPORTANT — Please use the above number in all matters — whether paym ent or correspondence — relating to this subscription. The Federal Reserve Bank or Branch will acknowledge by stamping below. MATL TO Name Address Please list name and address of each subscriber, indicating by number in the first column the class of investor, in accordance wiui the following schedule: INVESTOR CLASSES AND NUMBERS 1. 2. 3. 4. 5. 6. Individuals, partnerships and personal trust accounts Mutual savings banks Insurance companies Dealers and brokers Pension and retirement funds of State and local governments Other pension and retirement funds 7. State and local government funds other than pension and retirement 8. Commercial banks 9. Corporations other than banks and insurance companies 10. Savings and building and loan associations 11. All others LIST OF SUBSCRIBERS Invutor C lan NAME OF SUBSCRIBER AMOUNT ADDRESS DO NOT USE Our own subscription TOTAL $ LIST OF SECURITIES SURRENDERED IN PAYMENT (COUPONS MATURING FEBRUARY IB, 1970, MUST BE DETACHED AND THOSE MATURING MARCH IB, 1970, MUST BE ATTACHED) Description No. Pieces Denomination Serial Nos. Location Amount EXCHANGE ^SUBSCRIPTION 8% Treasury Notes of Series A-1977 At Par Dated and bearing interest from February 15, 1970 Due February 15, 1977 To: Federal Reserve Bank, Station K, Dallas, Texas 75222 or — The...... .............................................................. .............................Branch El Paso 79999 Honston 77001 San Antonio 78206 EACH SUBSCRIPTION TO THIS ISSUE MUST BE IN A MULTIPLE OF $1,000 Pursuant to the provisions of Treasury Department Circular, Public Debt Series No. 3-70, dated January 29, 1970, the undersigned hereby subscribes for $_________________ 8% Treasury Notes of Series A-1977, dated February 15, 1970, maturing February 15, 1977, and tenders the following securities in payment: Securities Tendered Net Cash Adjustment* (per $1,000 face amount) Payable to Subscriber Face Amount 4% Treasury Bonds of 1970 Treasury Bonds of 1965-70 $ ______________ ____ __________________________ Cash Adjustment To be paid to Subscriber $7.26215 §,__________________________ *See official circular for details METHOD OF SETTLEMENT: □ Reserve account. . . □ Check. . . □ Otherwise....................................... .......................... ..................................... ......... ...................... The securities to be applied in payment should be listed on the reverse side and should accompany this subscription. If the securities do not accompany this subscription, please attach a letter giving complete information regarding their location and approximate date of surrender. SCHEDULE FOR ISSUE OF BEARER SECURITIES INSTRUCTIONS FOR DELIVERY OF NEW SECURITIES Fill in Num ber of Pieces by Denomination N u n b tr Piecci of DO NOT USB TH IS COLUMN At Amount □ □ $1,000 Custody—Member bank for own account $----As collateral—Treasury Tax and Loan account (Bank’s own securities) $— In joint safekeeping for own account and— >5,000 □ SI 0.000 _________________________________ $ Deliver to. 9100,000 $1,000,000 (State whether free or against funds) TOTAL $ SCHEDULE FOR ISSUE OF REGISTERED SECURITIES Name or names in which securities are to be registered, tax account number of owner and complete address including Zip Code, for mailing of interest checks. Denominations Desired No. of Pieces Denomination Amount $ or Social S ecnrity No. LLL %- Employer Identification No. Face Amount We hereby certify that at the time this subscription was entered the above-described securities surrendered or to be surrendered in connection with this exchange were owned and delivery accepted by the subscriber, or were contracted for purchase for value by the subscriber for delivery to the subscriber prior to the closing of the subscription books. □ This is an original subscription □ (Nam e of subscriber) This is a confirmation Please list name and address of each subscriber, indicating by number in the first column the class of investor, in accordance with the following schedule: INVESTOR CLASSES AND NUMBERS 1. 2. 3. 4. 5. 6. Individuals, partnerships and personal trust accounts Mutual savings banks Insurance companies Dealers and brokers Pension and retirement fundsof State and local governments Other pension and retirement funds 7. State and local government funds other than pension and retirement 8. Commercial banks 9. Corporations other than banks and insurance companies 10. Savings and building and loan associations 11. All others LIST OF SUBSCRIBERS Investor Clou NAME OF SUBSCRIBER AMOUNT ADDRESS DO NOT USE Our own subscription TOTAL $ LIST OF SECURITIES SURRENDERED IN PAYMENT (COUPONS MATURING FEBRUARY 15, 1970, MUST BE DETACHED AND THOSE MATURING MARCH 15, 1970, MUST BE ATTACHED) Description No. Pieces Denomination Serial Nos. Location Amount EXCHANGEjSJJBSCRIPTION BV*% Treasury Notes of Series F-1971 At Par Dated and bearing interest from February 15, 1970 Due August 15, 1971 To: Federal Reserve Bank, Station K, Dallas, Texas 75222 or — The...................................................................................... Branch E l Paso 79999 Houston 77001 San Antonio 78206 EACH SUBSCRIPTION TO THIS ISSUE MUST BE IN A MULTIPLE OF $1,000 Pursuant to the provisions of Treasury Department Circular, Public Debt Series No. 1-70, dated January 29, 1970, the undersigned hereby subscribes for $_______________ 8^4% Treasury Notes of Series F-1971, dated February 15, 1970, maturing August 15, 1971, and tenders the following securities in payment: Securities Tendered Net Cash Adjustment* (per $1,000 face amount) Payable to Subscriber Face Amount Cash Adjustment To be paid to Subscriber 4% Treasury Bonds of 1970 $_________________________ 2y2% Treasury Bonds of 1965-70 $.__________________ _____ $7.25878$___ ____________________ *See official circular for details METHOD OF SETTLEMENT: □ Reserve account. . . □ Check. . . □ Otherwise........ ..................................................................................................................................... The securities to be applied in payment should be listed on the reverse side and should accompany this subscription. If the securities do not accompany this subscription, please attach a letter giving complete information regarding their location and approximate date of surrender. SCHEDULE FOR ISSUE OF BEARER SECURITIES Fill in Number of Pieces by Denomination Number Pieces of DO NOT USB THIS COLUM N At Amount SI.000 *5,000 110.000 1100,000 *1.000.000 TOTAL 9 INSTRUCTIONS FOR DELIVERY OF NEW SECURITIES □ □ □ Custody—Member bank for own account $----------As collateral—Treasury Tax and Loan account (Bank’s own securities) $----------In joint safekeeping for own account and----------- Deliver to. (State whether free or against funds) SCHEDULE FOR ISSUE OF REGISTERED SECURITIES Name or names in which securities are to be registered, tax account number of owner and mailing address for interest checks. Denominations Desired PUeai Denomination Amount fn) t 1 ■ -| | Social Security No. | or (a) $ • Employer Identification No. * I Face A m ou n t.................$ We hereby certify that at the time this subscription was entered the above-described securities surrendered or to be surrendered in connection with this exchange were owned and delivery accepted by the subscriber, or were contracted for purchase for value by the subscriber for delivery to the subscriber prior to the closing of the subscription books. □ This is an original subscription □ This is a confirmation (Name of subscriber) (Address) (Authorized signature) PLEASE FILL IN THE FORM BELOW WHICH WILL BE RETURNED TO YOU AS AN ACKNOWLEDGMENT OF YOUR SUBSCRIPTION This acknowledges your subscription for $. 81,4% Treasury Notes of Series F-1971. FJI.B. Subscription No. IMPORTANT — Please use the above number in all matters — whether paym ent or correspondence — relating to this subscription. The Federal Reserve Bank or Branch will acknowledge by stamping below. MATL TO Name Address Please list name and address of each subscriber, indicating by number in the first column the class of investor, in accordance wiui the following schedule: INVESTOR CLASSES AND NUMBERS 1. 2. 3. 4. 5. 6. Individuals, partnerships and personal trust accounts Mutual savings banks Insurance companies Dealers and brokers Pension and retirement funds of State and local governments Other pension and retirement funds 7. State and local government funds other than pension and retirement 8. Commercial banks 9. Corporations other than banks and insurance companies 10. Savings and building and loan associations 11. All others LIST OF SUBSCRIBERS Investor Class NAME OP SUBSCRIBER AMOUNT ADDRESS DO NOT USE Our own subscription TOTAL $ LIST OF SECURITIES SURRENDERED IN PAYMENT (COUPONS MATURING FEBRUARY 15, 1970, MUST BE DETACHED AND THOSE MATURING MARCH 15, 1970, MUST BE ATTACHED) Description No. Pieces Denomination Serial Nos. Location Amount
@FedFRASER