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FEDERAL RESERVE BANK OF DALLAS
FISCAL. A G E N T O F TH E U N ITED S T A T E S

Dallas, Texas, April 2,1945

SEVENTH WAR LOAN DRIVE

To Qualified Issuing Agents of
War Savings Bonds, Series E:
As has been announced, the Seventh War Loan Drive will start on May 14 and will
run until June 30, 1945. The goal for the entire country has been set at $14,000,000,000,
of which $7,000,000,000 is to be raised directly from individuals. This will, of course,
necessitate a substantial increase in the sale of United States War Savings Bonds, Series
E. There will be an intensification of activities in the sales of Series E bonds commencing
April 9, when persons participating in payroll savings plans will be asked to enlarge their
participation ,and those who are not participating will be asked to do so. All sales of
savings bonds of Series E, as well as savings bonds of Series F and Series G and Treasury
Savings Notes of Series C, for which settlement is made at the Federal Reserve banks and
branches or at the Treasury Department between April 9 and July 7, 1945, will be counted
in the drive figures.
In anticipation of the increased sales, it is suggested that issuing agents check their
present stocks of bonds, estimate their needs in advance as far as practicable, and file
requisitions for additional stock from time to time to insure an adequate supply of all
denominations for a period of, say, two weeks. If requisitions are placed with this bank
or appropriate branch in advance of the need, a great many telephone and telegraph
requests for rush shipments will be avoided. As the bonds are received from the Treasury
in lots of 250 pieces to the package, it will assist in making shipment if the requisition
for bonds in each instance is made in multiples of 250 where the need approximates or
exceeds that figure.
Supplies of application forms, dating stamps, and other material used in the sale and
issuance of bonds should be reviewed and orders placed with this bank or one of its
branches for such additional supplies as may be needed during the course of the drive.
At the request of the Treasury and in order that the State Chairmen of the War
Finance Committees may be kept currently advised of sales of all War Savings Bonds in
the various eounties and parishes of the district, it will be appreciated if during the
drive all issuing agents, other than those which issue bonds under the payroll allotment
plan, will report sales on Form FA 82 to this bank or appropriate branch at least twice
a week.

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)