Full text of District Notices (Federal Reserve Bank of Dallas) : Suspension of Sale of Treasury Savings Notes, Series C

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL RESERVE BANK OF DALLAS
FISCAL AGENT OF THE UNITED STATES

Dallas, Texas, October 23, 1953

SUSPENSION OF SALE OF TREASURY SAVINGS NOTES, SERIES C

To All Banking Institutions and Others Concerned
in the Eleventh Federal Reserve District:

There is quoted below a press statement issued today by the Treasury
Department:
“ The Treasury Department announced today that the sale of
Treasury Savings Notes, Series C, offered under Treasury Depart­
ment Circular No. 931, dated October 1, 1953, will be suspended at
the close of business Friday, October 23, 1953, until further notice.
“ Applications for these notes placed in the mail before 7 :00
o’clock p.m., Eastern Standard time, October 23, 1953, and those
received by commercial banks and paid for by credit in the Treasury
Tax and Loan accounts before the close of business Friday, October
23, will be considered as having been entered before the suspension
of the sale of such notes.”
Yours very truly,
W. D. GENTRY
First Vice President

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