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FEDERAL. RESERVE 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

IMPORTANT NOTICE

Dallas, Texas, October 7, 1942

NEW TREASURY OFFERINGS
2 PERCENT TREASURY BONDS OF 1950-52
Dated and bearing interest from October 19, 1942

Due March 15, 1952

and
ADDITIONAL ISSUE
li/2 PERCENT TREASURY NOTES SERIES B-1946
Dated and bearing interest from June 5, 1942

Due December 15, 1946

OFFERED AT PAR AND ACCRUED INTEREST FOR CASH
The aggregate amount of both issues will be $4,000,000,000, or thereabouts, and the
proportionate amount of bonds and notes to be issued will be determined by the
relation between the total subscriptions received for each and the total subscriptions
received for both.
SUBSCRIPTION BOOKS OPEN OCTOBER 8, 1942, AND WILL REMAIN OPEN TWO DAYS
To All Banking Institutions, and Others Concerned,
in the Eleventh Federal Reserve District:

The above information is furnished in advance of the customary announcement, and full text
of the announcement, together with subscription forms, will be mailed later during the day.
The subscription books will open October 8, 1942, and the Secretary of the Treasury has
announced th a t in order to insure widespread participation of banks, corporations, and others who
may be interested, and for the convenience of investors, the subscription books will remain open
two days, th at is, through Friday, October 9. Accordingly, if you desire to subscribe do not await
arrival of the printed announcement and subscription forms, but indicate your wishes in a letter
and forward immediately by ordinary mail, confirming later on the form enclosed with our circular.
However, subscriptions may be filed by telegraph collect. Telegraphic subscriptions should be conĀ­
firmed immediately by mail.
SUBJECT TO THE USUAL RESERVATIONS, AND WITHIN THE AMOUNTS OF THE
RESPECTIVE OFFERINGS, SUBSCRIPTIONS FOR EACH ISSUE FOR AMOUNTS NOT
EXCEEDING $25,000 FROM BANKS WHICH ACCEPT DEMAND DEPOSITS, AND SUBĀ­
SCRIPTIONS IN ANY AMOUNT FROM ALL OTHER SUBSCRIBERS, WILL BE ALLOTTED
IN FULL; SUBSCRIPTIONS FOR AMOUNTS OVER $25,000 FROM BANKS WHICH ACCEPT
DEMAND DEPOSITS WILL BE ALLOTTED ON AN EQUAL PERCENTAGE BASIS, TO BE
PUBLICLY ANNOUNCED.
Subscriptions from banks and trust companies for their own account will be received without
deposit. Subscriptions from all others must be accompanied by payment of 5 percent of the amount
of notes or bonds applied for.
Payment for these securities may be made in cash, or in the cases of designated depositary
banks, by credit. Payment for any bonds allotted must be made or completed on or before October
19, 1942, or on later allotment. Payment for any notes allotted must be made or completed on or
before October 15, 1942, or on later allotment, and must include accrued interest from June 5, 1942.
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)

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