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federal

Re se r v e B a n k o f Da l l a s

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 No. 70-252
October 23, 1970

To All Banking Institutions and Others Concerned
in the Eleventh Federal Reserve District:
There is quoted below a press statement issued by the Treasury
Department in regard to current financing:
NOTICE OF CLOSING HOUR FOR RECEIPT OF SUBSCRIPTIONS
TO CURRENT TREASURY NOTE OFFERING
The Treasury Department today called particular attenĀ­
tion to the time its books will be open for subscriptions
in the current offering of Treasury Notes. In announcing
the offering it stated:
"Subscription books for the exchange offering will be
open until 8 p.m., local time, Thursday, October 29, 1970.
To be timely subscriptions must be received by a Federal
Reserve Bank or Branch or by the Office of the Treasurer
of the United States by such time, except that subscriptions
addressed to a Federal Reserve Bank or Branch or to the
Office of the Treasurer of the United States postmarked beĀ­
fore midnight Wednesday, October 28, 1970, will be deemed
to be timely. Banks need submit by the closing hour only
the total amount of customers subscriptions for each new
issue provided that the usual detailed information for such
subscriptions is furnished by Friday, October 30."
Y o u rs

v e ry

tr u ly ,
P.

E.

C o ld w e ll
P r e s id e n t

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


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