Full text of Federal Reserve Bank of New York Circulars : 1054. Subscription Books Closed

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FEDERAL RESERVE BANK
OF NEW YORK
Fiscal Agent of the United States
T Circular No. 1054"!
USeptetnber 1, 1931J

Subscription Books Closed
On Offering of United States of America lVs Per Cent Treasury Certificates of Indebtedness
Series TS-1932. Dated and Bearing Interest from September 15, 1931. Due September 15, 1932.

To all Banks and Trust Companies in the Second
Federal Reserve District and Others Concerned:

In accordance with instructions from the Treasury Department the subscription books for the issue of $300,000,000, or thereabouts, of twelve month 1%
per cent Treasury certificates of indebtedness, Series TS-1932, dated and bearinginterest from September 15, 1931, due September 15, 1932, closed at the close of
business today, Tuesday, September 1, 1931. Subscriptions for the certificates
received after the close of business today will not be accepted.
The subscription books on the current offering of $800,000,000, or thereabouts, of 20-24 year United States of America 3 per cent Treasury bonds of
1951-55, dated September 15, 1931, due September 15, 1955, and redeemable at
the option of the United States on and after September 15, 1951, will remain
open until further notice.




GEORGE L. HARRISON,

Governor.