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Fe d e r a l Re s e r v e Ba n k of Da lla 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 7 5 2 2 2 Circular 71-260 October 28, 1971 To All Banking Institutions and Others Concerned In the Eleventh Federal Reserve District: Enclosed are Treasury Department Circulars, Public Debt Series Nos. 11-71 and 12-71, and subscription forms relating to the November financing. EXCHANGE OFFERING SECURITIES OFFERED 6$ Treasury Notes of Series B-1978 6-1/8$ Treasury Bonds of 1986 SECURITIES ELIGIBLE FOR EXCHANGE 5-3/o% Treasury Notes of Series B-1971, maturing November 15, 1971 7-3/4$ Treasury Notes of Series G-1971, maturing November 15, 1971 3-7/o% Treasury Bonds of 1971, maturing November 15, 1971 4-3/4$ Treasury Notes of Series B-1972, maturing May 15, 1972 6-3/4$ Treasury Notes of Series D-1972, maturing May 15, 1972 5$ Treasury Notes of Series E-1972, maturing August 15, 1972 4$ Treasury Bonds of 1972, maturing August 15, 1972. PAYMENT Payment in the form of the eligible securities should be made before 8:00 p.m., November 3, 1971, and where possible, the securities should accompany the subscriptions. However, where this is not possible the securities should be received no later than November 8 . Payment for the notes may not be made by cash (see below regarding cash purchase of bonds) This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) - 2 - CASH OFFERING SECURITY OFFERED 6 l/ 8 $ Treasury Bonds of 1 9 8 6 . CONDITIONS 1. Available only to individuals. 2. Maximum subscription $10,000 (in multiples of $1,000). 3. Subscription must be accompanied by a payment of at least 10$ of amount of bonds applied for. PAYMENT Payment in the form of a cashier's check or federal funds draft payable to this Bank (or in cash) should accompany the subscription for the total amount of bonds applied for at the rate of $9 9 7 .5 0 per $1,000. In the event a down payment of 10$ is submitted with the subscription, the remaining payment must be completed in cash or other immediately available funds by Monday, November 15, 1971. In every case where payment is not completed, payment with the application up to 10$ of the amount of bonds allotted may be forfeited to the United States. CLOSING OF SUBSCRIPTION BOOKS The subscription books will be open until 8:00 p.m., Central Standard Time, Wednesday, November 3, 1971, except subscriptions placed in the mail must be postmarked before midnight, Tuesday, November 2, 1971, to be con sidered 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 Pres ident Enclosures UNITED STATES OF AMERICA 6 PERCENT TREASURY NOTES OF SERIES B-1978 D ated a n d b e arin g interest from N ovem ber 15, 1971 Due N ovem ber 15, 1978 D EPA R T M E N T OF T H E TREASU RY DEPARTMENT CIRCULAR Office of the Secretary Public D ebt Series No. 11-71 Washington, October 28, 1971 I. OFFERING OF NOTES 1. T h e Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, as amended, offers notes of the U nited States, designated 6 percent Treasury N otes of Series B-1978, at 99.75 percent of their face value, in exchange for the follow ing securities, singly or in com binations aggregating $1,000 or m ultiples thereof: ( 1 ) 3% percent Treasury Bonds of 1971, dated M ay 15, 1962, due N ovem ber 15, 1971; ( 2 ) 5% percent Treasury N otes of Series B-1971, dated N ovem ber 15, 1966, due N ovem ber 15, 1971; ( 3 ) 7% percent Treasury N otes of Series G-1971, dated M ay 15, 1970, due N ovem ber 15, 1971; ( 4 ) 4% percent Treasury N otes of Series B-1972, dated M ay 15, 1967, due M ay 15, 1972, w ith a cash paym ent of $0.13322 per $1,000 to the U nited States; ( 5 ) 6% percent Treasury N otes of Series D -1972, dated N ovem ber 16, 1970, due M ay 15, 1972, with a cash paym ent of $9.61515 per $1,000 to subscribers; ( 6 ) 4 percent Treasury B onds of 1972, dated Septem ber 15, 1962, due August 15, 1972, with a cash paym ent of $5.89353 per $1,000 to the U nited States; ( 7 ) 5 percent Treasury N otes of Series E-1972, dated M ay 15, 1971, due August 15, 1972, w ith a cash paym ent of $1.36700 per $1,000 to subscribers. Interest w ill be adjusted on the securities due in 1972 as of N ovem ber 15, 1971. Paym ents on account of accrued interest and cash adjustm ents w ill be m ade as set forth in Section IV hereof. T he am ount of this offering w ill be lim ited to the am ount of eligible securities tendered in exchange. T h e books w ill be open until 8:00 p.m. local time, N ovem ber 3, 1971, for the receipt of subscriptions. 2. In addition, holders of the securities enum erated in Paragraph 1 of this section are offered the privilege of exchanging all or any part of them for 6 V& percent Treasury Bonds of 1986, w hich offering is set forth in D epartm ent Circular, Public D eb t Series No. 12-71, issued sim ultaneously with this circular. II. DESCRIPTION OF NOTES 1. T he notes w ill be dated N ovem ber 15, 1971, and w ill bear interest from that date at the rate of 6 percent per annum, payable sem iannually on M ay 15 and N ovem ber 15 in each year until the principal am ount becom es payable. T h e y w ill mature N ovem ber 15, 1978, and will not be subject to call for redem ption prior to maturity. 2. T h e incom e derived from the notes is subject to all taxes im posed under the Internal R evenue Code of 1954. T he notes are subject to estate, inheritance, gift or other excise taxes, whether Federal or State, but are exem pt from all taxation now or hereafter im posed on the principal or interest thereof b y any State, or any of the possessions of the U nited States, or by any local taxing authority. 3. T h e notes w ill be acceptable to secure deposits of public m oneys. T h ey w ill not be acceptable in paym ent of taxes. 4. Bearer notes with interest coupons attached, and notes registered as to principal and interest, w ill be issued in denom inations of $1,000, $5,000, $10,000, $100,000 and $1,000,000. Provision w ill be m ade for the interchange of notes of different denom inations 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 h e notes w ill be subject to the general regulations of the D epartm ent of the Treasury, now or hereafter prescribed, governing U nited States notes. III. SUBSCRIPTION AND ALLOTMENT 1. Subscriptions accepting the offer m ade b y this circular w ill be received at the Federal R eserve Banks and Branches and at the Office of the Treasurer of the U nited States, W ashington, D . C. 20220. Banking institu tions generally m ay subm it subscriptions for account of customers, but only the Federal R eserve Banks and the D epartm ent of the Treasury are authorized to act as official agencies. 2. U nder 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 am ount of notes applied for w hen he deem s it to be in the public interest; and any action he m ay take in these respects shall be final. Subject to the exercise of that authority, all subscriptions w ill be allotted in full. IV. PAYMENT 1. P aym ent for the face am ount of notes allotted hereunder m ust be m ade on or before N ovem ber 15, 1971, or on later allotm ent, and m ay be m ade only in a like face am ount of securities of the issues enum erated in Paragraph 1 of Section I hereof, w hich should accom pany the subscription. P aym ent w ill not be deem ed to have been com pleted where registered notes are requested if the appropriate identifying number as required on tax returns and other docum ents subm itted to the Internal R evenue Service (a n individual’s social security number or an em ployer identification num ber) is not furnished. Paym ents due to subscribers w ill be m ade by check or b y credit in any account m aintained by a banking institution with the Federal R eserve Bank of its District, follow ing acceptance of the securities surrendered. In the case of registered securities, the paym ent w ill be m ade in accordance with the assignm ents thereon. 2. 3Va percent b o n d s of 1971, 5 % percent notes of Series B-1971 a n d 7 % percent notes of Series G -1971. — W hen paym ent is m ade w ith securities in bearer form, coupons dated N ovem ber 15, 1971, should be d e ta c h e d and cashed w hen due. * A cash paym ent of $2.50 per $ 1,000 on account of the issue price of the new notes w ill be m ade to subscribers. 3. 4% percent notes of Series B-1972.— W hen paym ent is m ade w ith notes in bearer form, coupons dated M ay 15, 1972, m ust be a tta c h e d (N ovem ber 15, 1971, coupons should be d e ta c h e d * ) to the notes w hen surrendered. T he paym ent on account of the issue price of the new notes ($ 2.50 per $1,0 00 ) will be credited, the paym ent ($0.13322 per $1 ,00 0) due the U nited States w ill be charged and the difference ($ 2.3 667 8 per $1 ,00 0) w ill be paid to subscribers. 4. 6 % percent notes of Series D -1972.— W hen paym ent is m ade with notes in bearer form, coupons dated M ay 15, 1972, m ust be a tta c h e d (N ovem ber 15, 1971, coupons should be d e ta c h e d * ) to the notes when surrendered. T he paym ent on account of the issue price of the new notes ($ 2.50 per $1,00 0) plus the cash paym ent ($ 9.61515 per $1,0 00 ) a total of $12.11515 per $1,000, w ill be paid to subscribers. 5. 4 percent b o n d s of A ugust 15, 1972.— W hen paym ent is m ade with bonds in bearer form, coupons dated February 15 and August 15, 1972, m ust be a tta c h e d to the bonds when surrendered. Accrued interest from August 15 to N ovem ber 15, 1971 ($1 0.0 0 per $1 ,0 0 0 ), plus the paym ent on account of the issue price of the new notes ($2 .50 per $1 ,000 ) w ill be credited, the paym ent ($ 5.89353 per $1 ,00 0) due the U nited States will be charged, and the difference ($ 6.6 064 7 per $1,00 0) w ill be paid to subscribers. 6. 5 percent notes of Series E-1972.— W hen paym ent is m ade w ith notes in bearer form, coupons dated February 15 and August 15, 1972, m ust be a tta c h e d to the notes w hen surrendered. Accrued interest from August 15 to N ovem ber 15, 1971 ($1 2.5 0 per $ 1 ,0 0 0 ), the paym ent on account of the issue price of the new notes ($2.50 per $1 ,00 0) and the cash paym ent ($1 .3 6 7 0 0 per $ 1 ,0 0 0 ), a total of $16.36700 per $1,000 w ill be paid to subscribers. V. ASSIGNMENT OF REGISTERED SECURITIES 1. R egistered securities tendered in paym ent for notes offered hereunder should be assigned b y the regis tered payees or assignees thereof, in accordance w ith the general regulations of the D epartm ent of the Treasury governing assignm ents for transfer or exchange, in one of the forms hereafter set forth, and thereafter should be surrendered with the subscription to a Federal R eserve Bank or Branch or to the Office of the Treasurer of the U nited States, W ashington, D. C. 20220. T h e securities m ust be delivered at the expense and risk of the holder. If the notes are desired registered in the same nam e as the securities surrendered, the assignm ent should be to “T h e Secretary of the Treasury for exchange for 6 percent Treasury N otes of Series B -1978”; if the notes are desired registered in another name, the assignm ent should be to “T he Secretary of the Treasury for ex change for 6 percent Treasury N otes of Series B -1978 in the nam e of_______________________________________ ”; if notes in coupon form are desired, the assignm ent should be to “T h e Secretary of the Treasury for exchange for 6 percent Treasury N otes of Series B -1978 in coupon form to be delivered t o _____________________________” VI. GENERAL PROVISIONS 1. As fiscal agents of the U nited States, Federal R eserve Banks are authorized and requested to receive subscriptions, to m ake such allotm ents as m ay be prescribed b y the Secretary of the Treasury, to issue such notices as m ay be necessary, to receive paym ent for and m ake delivery of notes on full-paid subscriptions allotted, and th ey m ay issue interim receipts pending delivery of the definitive notes. 2. T h e Secretary of the Treasury m ay at any tim e, or from tim e to tim e, prescribe supplem ental or am endatory rules and regulations governing the offering, which w ill be com m unicated prom ptly to the Federal R eserve Banks. JO H N B. CO N N ALLY, Secretary of the Treasury. *Interest due on Novem ber 15, 1971, on registered securities will be paid b y issue o f interest checks in regular course to holders of record on October 15, 1971, the date the transfer books closed. UNITED STATES OF AMERICA 6% PERCENT TREASURY BONDS OF 1986 D ated a n d b e arin g interest from N ovem ber 15, 1971 Due N ovem ber 15, 1986 DEPARTMENT CIRCULAR D EPA R T M E N T OF T H E TREASURY Public D ebt Series No. 12-71 Office of the Secretary Washington, October 28, 1971 I. OFFERING OF BONDS 1. T he Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, as am ended, offers bonds of the U nited States, designated 6Vs percent Treasury B onds of 1986, at 99.75 percent of their face value, in exchange for the following securities, singly or in com binations aggregating $1,000 or m ultiples thereof: (1 ) (2 ) (3 ) (4 ) 3% percent Treasury Bonds of 1971, dated M ay 15, 1962, due N ovem ber 15, 1971; 5% percent Treasury N otes of Series B-1971, dated N ovem ber 15, 1966, due N ovem ber 15, 1971; 7 3A percent Treasury N otes of Series G-1971, dated M ay 15, 1970, due N ovem ber 15, 1971; 4% percent Treasury N otes of Series B-1972, dated M ay 15, 1967, due M a y 15, 1972, with a cash paym ent of $1.13322 per $1,000 to the U nited States; ( 5 ) 6% percent Treasury N otes of Series D -1972, dated N ovem ber 16, 1970, due M ay 15, 1972, with a cash paym ent of $8.61515 per $1,000 to subscribers; ( 6 ) 4 percent Treasury B onds of 1972, dated Septem ber 15, 1962, due August 15, 1972, with a cash paym ent of $6.89353 per $1,000 to the U nited States; ( 7 ) 5 percent Treasury N otes of Series E-1972, dated M ay 15, 1971, due August 15, 1972, w ith a cash paym ent of $ .36700 per $1,000 to subscribers. Interest w ill be adjusted on the securities due in 1972 as of N ovem ber 15, 1971. P aym ents on account of accrued interest and cash adjustm ents will be m ade as set forth in Section IV hereof. In addition, the Secretary of the Treasury offers the bonds to natural persons in their own right for cash, not to exceed $10,000 to any one person. T h e books w ill be open until 8:00 p.m. local time, N ovem ber 3, 1971, for the receipt of subscriptions. 2. In addition, holders of the securities enum erated in Paragraph 1 of this section are offered the privilege of exchanging all or any part of them for 6 percent Treasury N otes of Series B-1978, w hich offering is set forth in D epartm ent Circular, Public D eb t Series — No. 11-71, issued sim ultaneously w ith this circular. II. DESCRIPTION OF BONDS 1. T h e bonds w ill be dated N ovem ber 15, 1971, and w ill bear interest from that date at the rate of 6 V& percent per annum, payable sem iannually on M ay 15 and N ovem ber 15 in each year until the principal am ount becom es payable. T h ey w ill mature N ovem ber 15, 1986, and w ill not be subject to call for redem ption prior to m aturity. 2. T h e incom e derived from the bonds is subject to all taxes im posed under the Internal R evenue Code of 1954. T he bonds are subject to estate, inheritance, gift or other excise taxes, whether Federal or State, but are exem pt from all taxation now or hereafter im posed on the principal or interest thereof b y any State, or any of the possessions of the U nited States, or by any local taxing authority. 3. T h e bonds w ill be acceptable to secure deposits of public m oneys. T h e y w ill not be acceptable in pay m ent of taxes. 4. Bearer bonds with interest coupons attached, and bonds registered as to principal and interest, w ill be issued in denom inations of $1,000, $5,000, $10,000, $100,000 and $1,000,000. Provision w ill be m ade for the interchange of bonds of different denom inations and of coupon and registered bonds, and for the transfer of registered bonds, under rules and regulations prescribed by the Secretary of the Treasury. 5. T he bonds w ill be subject to the general regulations of the D epartm ent of the Treasury, now or hereafter prescribed, governing U nited States bonds. III. SUBSCRIPTION AND ALLOTMENT 1. Subscriptions accepting the offer m ade by this circular w ill be received at the Federal R eserve Banks and Branches and at the Office of the Treasurer of the U nited States, W ashington, D. C. 20220. O nly the Federal R eserve Banks and the D epartm ent of the Treasury are authorized to act as official agencies. Banking institutions generally m ay subm it subscriptions for account of customers, provided the nam es of custom ers subscribing for cash are set forth in such subscriptions. Others than banking institutions w ill not be perm itted to enter cash subscriptions except for their own account. 2. Cash subscriptions, which m ay not exceed $ 10,000 from any one person, m ust be accom panied by paym ent of 10 percent of the face am ount of bonds applied for. 3. Banking institutions in subm itting cash subscriptions for customers w ill be required to certify that they have no beneficial interest in any such subscriptions. 4. Under the Second Liberty Bond Act, as am ended, the Secretary of the Treasury has the authority to reject or reduce any subscription, and to allot less than the am ount of bonds applied for w hen he deem s it to be in the public interest; and any action he m ay take in these respects shall be final. Subject to th e exercise of th a t authority, all subscriptions will be allotted in full. IV. PAYMENT 1. P ay m en t for the face am ount of bonds allotted hereunder in exchange for securities of th e issues enum erated in P aragraph 1 of Section I hereof, m ust be m ade on or before N ovem ber 15, 1971, or on later allotm ent, and m ay be m ade only in a like face am ount of such securities, which should accom pany the sub scription. On cash subscriptions paym ent at 99.75 percent of their face value and accrued interest, if any, for bonds allotted hereunder, m ust be com pleted on or before N ovem ber 15, 1971, in cash or other funds fully collectible by th a t date. In every case where full paym ent is not com pleted, the paym ent w ith the application up to 10 percent of the am ount of bonds allotted shall, upon declaration m ade by the Secretary of the T reasu ry in his discretion, be forfeited to th e U nited States. P ay m en t will not be deem ed to have been com pleted where registered bonds are requested if the appropriate identifying num ber as required on tax returns and other docu m ents subm itted to the In tern al R evenue Service (a n individual’s social security num ber or an em ployer identification n u m ber) is not furnished. P aym ents due to subscribers will be m ade by check or b y credit in any account m aintained by a banking institution w ith the F ederal R eserve B ank of its D istrict, following acceptance of the securities surrendered. In the case of registered securities, the paym ent will be m ade in accordance w ith the assignm ents thereon. 2. 3 7s percent b o n d s of 1971, 5% percent notes of Series B-1971 a n d 7 % percent notes of Series G -1971. — W hen paym ent is m ade w ith securities in bearer form, coupons dated N ovem ber 15, 1971, should be d e ta c h e d and cashed when due.* A cash paym ent of $2.50 p er $1,000 on account of the issue price of the new bonds will be m ade to subscribers. 3. 4 % percent notes of Series B-1972. — W hen paym ent is m ade w ith M ay 15, 1972, m ust be a tta c h e d (N ovem ber 15, 1971, coupons should surrendered. T h e paym ent on account of the issue price of the new bonds and the cash p aym ent due to the U nited States ($1.13322 per $1,000) ($1.36678 per $1,000) will be paid to subscribers. notes in bearer form, coupons dated be d e ta c h e d * ) to th e notes when ($2.50 p er $1,000) will be credited will be charged, and th e difference 4. 6 % percent notes of Series D-1972.— W hen paym ent is m ade w ith notes in bearer form, coupons dated M ay 15, 1972, m ust be a tta c h e d (N ovem ber 15, 1971, coupons should be d e ta c h e d * ) to the notes when sur rendered. T h e paym ent on account of the issue price of the new bonds ($2.50 per $1,000) plus the cash pay m ent of $8.61515 per $1,000, a to tal of $11.11515 per $1,000 will be paid to subscribers. 5. 4 percent b o n d s of A ugust 15, 1972. — W hen paym ent is m ade w ith bonds in bearer form, coupons dated F eb ru ary 15 and August 15, 1972, m ust be a tta c h e d to the bonds when surrendered. Accrued interest from August 15 to N ovem ber 15, 1971 ($10.00 per $1,000) plus the paym ent on account of th e issue price of th e new bonds ($2.50 per $1,000) will be credited, the paym ent ($6.89353 per $1,000) due to th e U nited States will be charged and the difference ($5.60647 per $1,000) will be paid to subscribers. 6. 5 percent notes of Series E-1972. — W hen paym ent is m ade w ith notes in bearer form, coupons dated F eb ru ary 15 and August 15, 1972, m ust be a tta c h e d to the notes when surrendered. Accrued interest from August 15 to N ovem ber 15, 1971 ($12.50 per $1,000), th e paym ent on account of the issue price of the new bonds ($2.50 per $1,000) and the cash paym ent of $ .36700 per $1,000, a to tal of $15.36700 p er $1,000 will be paid to subscribers. V. ASSIGNMENT OF REGISTERED SECURITIES 1. R egistered securities tendered in paym ent for bonds offered hereunder should be assigned b y the regis tered payees or assignees thereof, in accordance w ith the general regulations of the D epartm ent of the T reasu ry governing assignm ents for transfer or exchange, in one of the form s hereafter set forth, and th ereafter should be surrendered w ith the subscription to a F ederal R eserve B ank or B ranch or to the Office of th e T reasu rer of the U nited States, W ashington, D. C. 20220. T he securities m ust be delivered a t th e expense and risk of the holder. If the bonds are desired registered in the same nam e as the securities surrendered, the assignm ent should be to “T h e Secretary of the T reasury for exchange for 6 Vs percent T reasury B onds of 1986”; if the bonds are desired registered in another name, the assignm ent should be to “T he Secretary of th e T reasury for exchange for 6 Vs percent T reasury Bonds of 1986 in the nam e o f _______________ ___________ if bonds in coupon form are desired, th e assignm ent should be to “T he S ecretary of the T reasury for exchange for 6 Va percent T reasury Bonds of 1986 in coupon form to be delivered to___________________________ VI. GENERAL PROVISIONS 1. As fiscal agents of the U nited States, F ederal R eserve B anks are authorized and requested to receive subscriptions, to m ake such allotm ents as m ay be prescribed by the Secretary of the T reasury, to issue such notices as m ay be necessary, to receive paym ent for and m ake delivery of bonds on full-paid subscriptions allotted, and th ey m ay issue interim receipts pending delivery of the definitive bonds. 2. T h e S ecretary of the T reasu ry m ay a t any time, or from tim e to time, prescribe supplem ental or am endatory rules and regulations governing the offering, which will be com m unicated prom ptly to the F ed eral R eserve Banks. JO H N B. CONNALLY, Secretary of th e T reasury. *Interest due on N ovem ber 15, 1971, on registered securities w ill be paid by issue o f interest checks in regular course to holders of record on O ctober 15, 1971, the date the transfer books closed. EXCHANGE SUBSCRIPTION 6% Treasury Notes of Series B-1978 At 99.75% of Face Value Due November 15, 1978 Dated and bearing interest from November 15,1971 To: Federal Reserve Bank, Station K, Dallas, Texas 75222 or — The.......................................................................................... Branch E l Paso 79999 Houston 77001 San Antonio 78295 EACH SUBSCRIPTION TO THIS ISSUE MUST BE IN A MULTIPLE OF P ursuant to the provisions of Treasury Departm ent Circular, Public Debt Series No. 28, 1971, the undersigned hereby subscribes for $_______________ 6% Treasury Notes of November 15, 1971, m aturing November 15, 1978, and tenders the following securities in Securities Tendered 5%% Notes, Series B-1971 7%% Notes, Series G-1971 3%% Bonds of 1971 due 11-15-71 4%% Notes, Series B-1972 6 % % Notes, Series D-1972 5% Notes, Series E-1972 4% Bonds of 1972 due 8-15-72 * $1,000 11-71, dated October Series B-1978, dated paym ent: Net Cash Adjustment* (per $1,000 face amount) Payable to Subscriber $ 2.50 $ 2.50 $ 2.50 $ 2.36678 $12.11515 $16.36700 $ 6.60647 Face Amount ? $ $ I $ $ Cash Adjustment Due to Subscriber S_ s_ $- s ?$$- TOTAL $ *See official circular for details METHOD OF PAYMENT FOR ADJUSTMENT: □ 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 regarding1 their location and approximate date of surrender. SCHEDULE FOR ISSUE OF BEARER SECURITIES INSTRUCTIONS FOR DELIVERY OF NEW SECURITIES Fill in Number of Pieces by Denomination | Number • f Piece* DO NOT USE THIS COLUMN At Amount □ □ SI,000 □ 15.000 Custody — Member bank for own account $_ As collateral — Treasury Tax and Loan account (Bank’s own securities) $In joint safekeeping for own account and $- $10,000 $100,000 $1,000,000 1 TOTAL $ (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 Pieces 1»1 1 1-1 1 or 1 Social Security No. l.l II Employer Identification No. Denomination Amount (a) * * * 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 □ This is a confirmation ■ Name of subscriber) (Address) (Authorized signature) Dated.. PLEASE FILL IN THE FORM BELOW WHICH WILL BE RETURNED TO YOU AS AN ACKNOWLEDGMENT OF YOUR SUBSCRIPTION (OVER) 71-260 This acknowledges your subscription for 6% Treasury Notes of Series B-1978. F.R.B. Subscription No. IMPORTANT — Please use the above number in all matters — whether paym ent or correspondence — relating to this subscription. MAIL TO 1 ^ “ Name Address The Federal Reserve Bank or Branch will acknowledge by stamping below. Please list name and address of each subscriber, indicating by num ber in the first column the class of investor, in accordance wim 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 LIST OF SECURITIES SURRENDERED IN PAYMENT (COUPONS MATURING NOVEMBER 15, 1971, MUST BE DETACHED AND COUPONS DATED FEBRUARY 15, MAY 15, and AUGUST 15, 1972, MUST BE ATTACHED) Description No. Pieces Denomination Serial Nos. Location Amount EXCHANGE SUBSCRIPTION 6Vs% Treasury Bonds of 1986 At 99,75% of Face Value Dated and bearing interest from November 15, 1971 Due November 15, 1986 To: Federal Reserve Bank, Station K, Dallas, Texas 75222 or — The...... ................................................................ ...... .................... Branch E l Paso 79999 Houston 77001 San Antonio 78295 EACH SUBSCRIPTION TO THIS ISSUE MUST BE IN A M ULTIPLE OF $1,000 P ursuan t to th e provisions of T reasury D epartm ent Circular, Public Debt Series No. 12-71, dated October 28, 1971, th e undersigned hereby subscribes for $_______________ % Treasury Bond of 1986, dated November 15, 1971, m aturing November 15, 1986, and tenders the following securities in paym ent: Net Cash Adjustment* (per $1,000 face amount) Face Amount Payable to Subscriber $_______________________ $ 2.50 S________________________ $ 2.50 $.________________________ $2.50 S________________________ $ 1.36678 $11.11515 $________________________ $ ______________________ $15.36700 $________________ _______ $ 5.60647 Cash Adjustment Due to Subscriber I------------ -— ------------------£----------------------------------$----------------------------------$----------------------------------$_______________________ $-----------------------------------S _ --------------------------------$_---------------------------------- Securities Tendered 5%% Notes, Series B-1971 7%% Notes, Series G-1971 3%% Bonds of 1971 due 11-15-71 4% % Notes, Series B-1972 6%% Notes, Series D-1972 5% Notes, Series E-1972 4% Bonds of 1972 due 8-15-72 TOTAL *See official circular for details METHOD OF PAYMENT FOR ADJUSTMENT: □ Reserve account. . . □ check. . . □ Otherwise............................................................................................................................... ................ The securities to be applied in payment should be listed on the reverse side and should accompany this subscription. Tf 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 Num ber of Pieces 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 _ ____________________________________ $ Deliver to_________________________________ $1,000 $5,000 $10,000 $100,000 $- $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 _L- -1 1 Social Security No. or - j Employer Identification No. Denomination Am ount (ft * * <a * * 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. Q This is an original subscription □ This is a confirmation (Nam e of subscriber) (Address) By...... (Authorized signature) Dated. PLEASE FILL IN THE FORM BELOW WHICH WILL BE RETURNED TO YOU AS AN ACKNOWLEDGMENT OF YOUR SUBSCRIPTION (OVER) 71-260 This acknowledges your subscription for $. 6i/s % Treasury Bond of 1986. F.R.B. Subscription No. IMPORTANT — Please use the above number in all matters — whether paym ent or correspondence — relating to this subscription. MAIL TO Name Address The Federal Reserve Bank ot Branch will acknowledge by stamping below. 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 Invtftar Clwi NAME OF SUBSCRIBER AMOUNT ADDRESS DO NOT USE Our own subscription TOTAL $ LIST OF SECURITIES SURRENDERED IN PAYMENT (COUPONS MATURING NOVEMBER 15, 1971, MUST BE DETACHED AND COUPONS DATED FEBRUARY 15, MAY 15, AND AUGUST 15, 1972, MUST BE ATTACHED) Description No. Pieces Denomination Serial Nos. Location Amount CASH SUBSCRIPTION 6V&% Treasury Bonds of 1986 At 99.75% of Face Value I OS w m Dated and bearing interest from November 15, 1971 9 Due November 15, 1986 To: Federal Reserve Bank, Station K, Dallas, Texas 75222 or — The.................................................................................................. Branch P w o El Paso 79999 CQ Houston 77001 San Antonio 78295 GO W LIST ALL SUBSCRIPTIONS ON REVERSE SIDE M EACH SUBSCRIPTION TO THIS ISSUE MUST BE IN A MULTIPLE OF $1,000 fc j HH u « w So: SW 05? WB Pursuant to the provisions of Treasury Department Circular, Public Debt Series No. 12-71, dated October 28,1971, the undersigned hereby subscribes for $_____________________ 6%% Treasury Bonds of 1986, dated November 15, 1971, maturing November 15, 1986, and will make payment in accordance with the provisions of Section IV of the offering circular. All cash subscriptions must be accompanied by a deposit of not less than 10 percent of the amount of securities applied for. In the cases of subscriptions entered through commercial banks the deposits should be retained by the bank entering the subscrip tions until final payment is completed. All other required deposits must accompany this subscription. OJ §8 By OS WO wu Sw gm WH SCHEDULE FOR ISSUE OF BEARER SECURITIES Fill in N um ber of Pieces by D enom ination Number of Piece* DO NOT USE THIS COLUMN At Amount $1,000 $5,000 ogs $10,000 $100,000 $1,000,000 tf u TOTAL $ GO CQ fc 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. O § PS P <y Denominations Desired No. of Pieces HH w os 1 CQ - 1 - 1 or Social Security No. H hH | | |- | | | Employer Identification No. Denomination Amount fH\ $ ? Cn\ * $ Face A m ou n t................. $---------------------- CQ O CL. H Q CASH SUBSCRIPTIONS AVAILABLE ONLY TO INDIVIDUALS AND MUST NOT EXCEED $10,000 PER PERSON METHOD OF PAYMENT At $997.50 per $1,000.00 □ Cashier’s check enclosed (effectual delivery of enclosed check shall be on the latest day which will permit presentment in order to obtain irrevocably collected funds on payment d a t e ) ......................................................................................... □ Charge to our reserve account on payment date (November 1 5 ) .............................................................................................. □ Otherwise as specified h erein .............................................................................................................................................................. ALL SUBSCRIPTIONS MUST BE SIGNED ON THE REVERSE SIDE. 71-260 This acknowledges your subscription for $______________ 6i/s % Treasury Bonds of 1986. F.R.B. Subscription No. IMPORTANT — Please use the above number in all matters — whether payment or correspondence — re lating to this subscription. The Federal Reserve Bank or Branch will acknowledge by stamping below. MAIL TO 9^ ° Name A ddress Please list name and address of each subscriber, indicating by num ber in the first column the class of investor, in accordance w ith 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 lltntfM aw NAME OF SUBSCRIBER AMOUNT ADDRESS DO NOT USB Our own subscription — .— TOTAL $ CERTIFICATION BY COMMERCIAL BANKS ENTERING FOR INDIVIDUALS ON A CASH BASIS We hereby certify that we have received applications from our customers in the amounts set opposite the customers’ names on the list which is made a part of this subscription; that there has been paid to us by each such customer as required by official offering circular, not less than 10 percent of the amount applied for; that we have not made unsecured loans, or loans collateralized in whole or in part by the securities applied for, to supply the amounts of such payments to any of such customers; and that we have no bene ficial interest in the applications of such customers. We further certify that applications received by us, if any, from other commercial banks for the account of their customers have been entered with us under the same conditions, agreements and certifications as set forth in this subscription form. □ This is an original subscription □ (Name of subscriber) (Address) By. . . Dated. (Authorized signature) This is a confirmation
@FedFRASER