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FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States f Circular No. 10731 [December 7. 1931J Offering of United States of America SVA Per Cent Treasury Notes Series 1932 $600,000,000, or thereabouts, dated and bearing interest from December 15,1931 Due December 15, 1932 Offering of United States of America Treasury Certificates of Indebtedness Dated and bearing interest from December 15, 1931 $300,000,000, or thereabouts, Series TJ—1932, 2% ner cent, due June 15,1932 ),000,000, or thereabouts, Series TS2—1932, 3 per cent, due September 15, 1932 To all Banks and Trust Companies in the Second Federal Reserve District and Others Concerned: The following statement by Secretary Mellon was today made public: The Treasury is today offering for subscription at par and accrued interest, through the Federal Reserve Banks an offering of 3*4 per cent one year Treasury notes and of 2% per cent six months' certificates of indebtedness, and 3 per cent nine months' certificates of indebtedness. The amount of the Treasury note offering is $600,000,000, or thereabouts: the amount of the offering of six months' certificates of indebtedness is $300,000,000, or thereabouts: and the amount of the offering of nine months' certificates of indebtedness is $400,000,000, or thereabouts. The Treasury notes will be dated December 15, 1931 and will bear interest from that date at the rate of 3% per cent per annum payable semiannually. They will mature December 15, 1932, and will not be subject to call for redemption prior to that date. Both series of certificates of indebtedness will be dated and bear interest from December 15, 1931. One series, TJ-1932, for six months, with interest at the rate of 2%, per cent per annum, will mature on June 15,1932 and the other series, TS2-1932 for nine months, with interest at the rate of 3 per cent per annum, will mature on September 15, 1932. The principal and interest of the Treasury notes and of both series of certificates of indebtedness will be payable in United States gold coin of the present standard of value. The Treasury notes and Treasury certificates of indebtedness of both series will be exempt, both as to principal and interest, from all taxation (except estate or inheritance taxes) now or hereafter imposed by the United States, any State or any of the possessions of the United States or by any local taxing authority. Applications will be received at the Federal Eeserve Banks. The Treasury will accept in payment for the new Treasury notes and certificates of indebtedness, at par, the 3% per cent Treasury notes of Series C-1930-32, with coupons dated June 15 and December 15, 1932, attached, which were called for redemption on December 15, 1931, by Treasury Department Circular No. 439, dated June 8, 1931, and Treasury certificates of indebtedness of Series TD1931 and TD2-1931 both maturing December 15, 1931. Subscriptions for the Treasury notes for which payment is to be tendered in 3% per cent Treasury notes of Series C-1930-32 (called for redemption on December 15, 1931) and Treasury certificates of indebtedness of Series TD-1931 and TD2-1931 (both maturing December 15, 1931) will be given preferred allotment up to the amount of the offering of Treasury notes. Subscriptions for the Treasury certificates of indebtedness for which payment is to be tendered in 3% per cent Treasury notes of Series C-1930-32 and Treasury certificates of indebtedness of Series TD-1931 and TD2-1931 will be given preferred allotment up to the amount of each offering. The Treasury notes will be issued in bearer form only, in denominations of $100, $500, $1,000, $5,000, $10,000 and $100,000 with two interest coupons attached payable on June 15, and December 15, 1932. The certificates of indebtedness of both series will be issued in bearer form only, in denominations of $500, $1,000, $5,000, $10,000 and $100,000. The certificates of Series TJ-1932 will have one interest coupon attached, payable June 15, 1932 and the certificates of Series TS2-1932 two interest coupons attached payable March 15, and September 15, 1932. The 3% per cent Treasury notes of Series C-1930-32 were called for redemption on December 15, 1931 and will cease to bear interest on that date. About $452,000,000 of these notes are now outstanding. In addition, about $543,000,000 of Treasury certificates of indebtedness, and about $95,000,000 in interest on the public debt, become due and payable on December 15, 1931. Subject to the terms of these offerings and to the provisions of Treasury Department Circular No. 92, dated October 1, 1928, as amended, special depositaries will be permitted to make payment for Treasury notes and Treasury certificates of indebtedness of these issues by credit to ' ' War Loan Deposit Accounts''; and in this connection the attention of special depositaries is called to the fact that, by the 1931 Fourth Supplement to Treasury Department Circular No. 92 Revised, the rate of interest to be paid on daily balances in the " W a r Loan Deposit Accounts" by special depositaries was reduced from 1 per cent per annum to % per cent per annum effective June 1, 1931. The subscription books for these offerings are now open and applications will be received by this bank as fiscal agent of the United States. The terms of these offerings are set forth in full in Treasury Department Circulars Nos. 451 and 452, dated December 7, 1931, copies of which are printed on the following pages. GEORGE L. HARBISON, Governor. UNITED STATES OF AMERICA T H R E E AND ONE-QUARTER PER CENT TREASURY NOTES SERIES 1932 Dated and bearing interest from December 15, 1931. Due December 15, 1932. Interest payable June 15 and December 15, 1932 The Secretary of the Treasury offers for subscription, at par and accrued interest, through the Federal Reserve Banks, $600,000,000, or thereabouts, three and one-quarter per cent Treasury notes of Series 1932, of an issue of gold notes of the United States authorized by the Act of Congress approved September 24, 1917, as amended. DESCRIPTION OF NOTES The notes will be dated and bear interest from December 15,1931, will be payable on December 15, 1932, and will bear interest at the rate of three and one-quarter per cent per annum, payable semiannually on June 15 and December 15, 1932. The notes will not be subject to call for redemption prior to maturity. The principal and interest of the notes will be payable in United States gold coin of the present standard of value. Bearer notes with interest coupons attached will be issued in denominations of $100, $500, $1,000, $5,000, $10,000, and $100,000. The notes will not be issued in registered form. The notes will be acceptable to secure deposits of public moneys, but will not bear the circulation privilege. The notes of this series shall be exempt, both as to principal and interest, from all taxation (except estate or inheritance taxes) now or hereafter imposed by the United States, any State, or any of the possessions of the United States, or by any local taxing authority. The notes of this series will be accepted at par, with an adjustment of accrued interest, during such time and under such rules and regulations as shall be prescribed or approved by the Secretary of the Treasury, in payment of income and profits taxes payable at the maturity of the notes. APPLICATION AND ALLOTMENT Applications will be received at the Federal Reserve Banks, as fiscal agents of the United States. Banking institutions generally will handle applications for subscribers, but only the Federal Reserve Banks are authorized to act as official agencies. Subscriptions for which payment is to be tendered in 3 ^ % Treasury notes of Series C-1930-32 (called for redemption on December 15, 1931) and Treasury certificates of indebtedness of Series TD-1931 and TD2-1931 (both maturing December 15, 1931) will be given preferred allotment up to the amount of the offering. The right is reserved to reject any subscription, in whole or in part, and to allot less than the amount of notes applied for and to close the subscriptions at any time without notice; the Secretary of the Treasury also reserves the right to make allotment in full upon applications for smaller amounts, to make reduced allotments upon, or to reject, applications for larger amounts, and to make classified allotments and allotments upon a graduated scale; and his action in these respects will be final. Allotment notices will be sent out promptly upon allotment, and the basis of allotment will be publicly announced. PAYMENT -s Payment at par and accrued interest for any notes allotted must be made on or before December 15, 1931, or on later allotment. Any qualified depositary will be permitted to make payment by credit for notes allotted to it for itself and its customers up to any amount for which it shall be qualified in excess of existing deposits, when so notified by the Federal Reserve Bank of its district. The 3 ^ % Treasury notes of Series C-1930-32, with coupons dated June 15 and December 15, 1932, attached, which were called for redemption on December 15, 1931, by Treasury Department Circular No. 439, dated June 8, 1931, and Treasury certificates of indebtedness of Series TD-1931 and TD2-1931, both maturing December 15, 1931, will be accepted at par in payment for any notes of the series now offered which shall be subscribed for and allotted, with an adjustment of the interest accrued, if any, on the notes of the series so paid for. GENERAL PROVISIONS The Federal Reserve Banks, as fiscal agents of the United States, are authorized and requested to receive subscriptions for Treasury notes hereunder, to make allotments of subscriptions on the basis and up to the amounts indicated to them by the Secretary of the Treasury, and to make delivery of Treasury notes on full-paid subscriptions allotted, and, pending delivery of definitive notes, to issue interim certificates. FURTHER DETAILS Any further information which may be desired as to the issue of Treasury notes under the provisions of this circular may be obtained upon application to a Federal Reserve Bank. The Secretary of the Treasury may at any time, or from time to time, prescribe supplemental or amendatory rules and regulations, and may terminate the offer at any time in his discretion. A. W. MELLON, Secretary of the Treasury. TREASURY DEPARTMENT, Office of the Secretary, December 7, 1931. Department Circular No. 452 (Public Debt) TO THE INVESTOR: Almost any banking institution in the United States will handle your subscription for you, or you may make subscription direct to the Federal Reserve Bank of your district. Your special attention is invited to the terms of subscription and allotment as stated above, and to the fact that Treasury notes of Series C-1930-32 may be accepted in payment for the Treasury notes offered. UNITED STATES OF AMERICA TREASURY CERTIFICATES OF INDEBTEDNESS Dated and bearing interest from December 15, 1931. Series TJ-1932, Two and Three-Quarters per cent, due June 15, 1932. Series TS2-1932, Three per cent, due September 15,1932. The Secretary of the Treasury, under the authority of the Act approved September 24, 1917, as amended, offers for subscription, at par and accrued interest, through the Federal Eeserve Banks, Treasury certificates of indebtedness, in two series, both dated and bearing interest from December 15, 1931, the certificates of Series TJ-1932 being payable on June 15, 1932, with interest at the rate of two and three-quarters per cent per annum, payable on a semiannual basis, and the certificates of Series TS2-1932 being payable on September 15, 1932, with interest at the rate of three per cent per annum, payable on a semiannual basis. The principal and interest of the certificates will be payable in United States gold coin of the present standard of value. Applications will be received at the Federal Reserve Banks. Bearer certificates will be issued in denominations of $500, $1,000, $5,000, $10,000, and $100,000. The certificates of Series TJ-1932 will have one interest coupon attached, payable June 15, 1932, and the certificates of Series TS2-1932, two interest coupons attached, payable March 15 and September 15, 1932. The certificates of these series shall be exempt, both as to principal and interest, from all taxation (except estate and inheritance taxes) now or hereafter imposed by the United States, any State, or any of the possessions of the United States, or by any local taxing authority. The certificates of these series will be accepted at par during such time and under such rules and regulations as shall be prescribed or approved by the Secretary of the Treasury, in payment of income and profits taxes payable at the maturity of the certificates. The certificates of these series will be acceptable to secure deposits of public moneys, but will not bear the circulation privilege. The right is reserved to reject any subscription and to allot less than the amount of certificates of either or both series applied for and to close the subscriptions as to either or both series at any time without notice. The Secretary of the Treasury also reserves the right to make allotment in full upon applications for smaller amounts, to make reduced allotments upon, or to reject, applications for larger amounts, and to make classified allotments and allotments upon a graduated scale; and his action in these respects will be final. Allotment notices will be sent out promptly upon allotment, and the basis of the allotment will be publicly announced. Payment at par and accrued interest for certificates allotted must be made on or before December 15, 1931, or on later allotment. After allotment and upon payment Federal Reserve Banks may issue interim receipts pending delivery of the definitive certificates. Any qualified depositary will be permitted to make payment by credit for certificates allotted to it for itself and its customers up to any amount for which it shall be qualified in excess of existing deposits, when so notified by the Federal Reserve Bank of its district. The 3 ^ % Treasury notes of Series C-1930-32, with coupons dated June 15 and December 15, 1932, attached, which were called for redemption on December 15,1931, by Treasury Department Circular No. 439, dated June 8, 1931, and Treasury certificates of indebtedness of Series TD-1931 and TD2-1931, both maturing December 15, 1931, will be accepted at par in payment for any certificates of the series now offered which shall be subscribed for and allotted, with an adjustment of the interest accrued, if any, on the certificates of the series so paid for. As fiscal agents of the United States, Federal Reserve Banks are authorized and requested to receive subscriptions and to make allotments on the basis and up to the amounts indicated by the Secretary of the Treasury to the Federal Reserve Banks of the respective districts. A. W. MELLON, Secretary of the Treasury. TREASURY DEPARTMENT, Office of the Secretary, December 7, 1931. Department Circular No. 451 (Public Debt) TO THE INVESTOR: Almost any banking institution in the United States will handle your subscription for you, or you may make subscription direct to the Federal Reserve Bank of your district. Your special attention is invited to the terms of subscription and allotment as stated above. If you desire to purchase, at the market price, certificates of the above issues after the subscriptions close, or certificates of any outstanding issue, you should apply to your own bank, or if it can not obtain them for you, to the Federal Reserve Bank of your district, which will then endeavor to fill your order in the market. FEDERAL RESERVE BANK GOVERNMENT BOND AND OF NEW YORK SAFEKEEPING DEPARTMENT No. Not Negotiable Receipt is acknowledged of $ Par Value 1 % % Treasury Certificates Series TD-1931 |H 1 % % Treasury Certificates Series TD2-1931 f] 3 Vz % Treasury Notes Series C 1930-32 [H Tendered in payment for 2 3A % Treasury Certificates Series TJ-1932 This memorandum is without yalue except as an acknowledgment of the receipt of the securities mentioned. Securities allotted will be delivered to your representative upon surrender of this receipt with letter of identification officially signed. FEDERAL RESERVE BANK OF NEW YORK FISCAL AGENT OF THE UNITED STATES Teller Original FEDERAL RESERVE BANK OP NEW YORK Lot Number Application Number E NOTICE OF ALLOTMENT on Exchange Subscription to United States Government Obligations DESCRIBED BELOW ,1931. Referring to your subscription to $ (par value) UNITED STATES OF AMERICA 2% PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TJ-1932 DATED DECEMBER 15, 1931, DUE JUNE 15, 1932 you have been allotted $. IMPORTANT To obtain delivery of the securities, the original of this notice properly filled oat and signed in die spaces provided below most be returned immediately to the Federal Reserve Bank of New York. In cases where securities are to be delivered over the counter to a representative of the subscriber the duplicate copy of this notice accompanied by a letter of identification must be presented by the representative. FEDERAL RESERVE BANK OF NEW YORK, Checked by Fiscal Agent of the United State*. Instructions to Federal Reserve Bank of New York ISSUE SECURITIES IN THE FOLLOWING DENOMINATIONS Pieeea Denominations LEAVE BLANK Par Amount Numbers 1 Hold to secure War Loan Deposits $500 Hold for Safekeeping (Tor members only) 1,000 Deliver Over Counter 5,000 Deliver to Loan and Discount Department 10,000 Ship Definitive Securities 100,000 Total - DISPOSE OF SECUBITIES AS INDICATED BELOW Special Instructions t The method of payment is indicated below: Subscriber By surrender of maturing: securities as follows: Street address 1% % Treasury certificates of indebtedness, Series TD-1931 $ 1% % Treasury certificates of indebtedness, Series TD2-1931 $ t% % Treasury notes, Series C-1930-32 Town StaU $ DO NOT USE THESE SPACES Released Received from FEDEEAL BESEEVE BANK OF NEW TOEK the above described United States Government obligations allotted in the amount indicated above. Taken from Vault Counted Delivery Beceipt Paid Stamp Amount- Checked Delivered Subscriber By CA-Exchange S Date Bj Duplicate FEDERAL RESERVE BANK OP NEW YORK Lot Number Application Number E NOTICE OF ALLOTMENT on Exchange Subscription to United States Government Obligations DESCRIBED BELOW .,1931. Referring to your subscription to $ (par value) UNITED STATES OF AMERICA 2% PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TJ-1932 DATED DECEMBER 15, 1931, DUE JUNE 15, 1932 you have been allotted $. IMPORTANT To obtain delivery of the securities, the original of this notice properly filled out and signed in the spaces provided below must be returned immediately to the Federal Reserve Bank of New York. hi cases where securities are to be delivered over the counter to a representative of the subscriber the duplicate copy of this notice accompanied by a letter of identification must be presented by the representative. FEDERAL RESERVE BANK OP NEW YORK, Checked by Fiscal Agent of the United States. Instructions LEAVE BLANK FOLLOWING DENOMINATIONS Piece* Denominations Par Amount $ - to Federal Reserve Bank of New York Numbers Hold to secure War Loan Deposits • $500 Hold for Safekeeping (For members only) 1,000 — Deliver Over Counter 5,000 Deliver to Loan and Discount Department 10,000 Ship Definitive Securities 100,000 Total DISPOSE or SECURITIES AS INDICATED BELOW Special Instructions $ The method of payment is indicated below: Subscriber By surrender of maturing securities as follows: Street address 1% % Treasury certificates of indebtedness, Series TD-1931 $ Town 1% % Treasury certificates of indebtedness, Series TD2-1931 $ 3%% Treasury notes, Series C-1930-32 State $ DO NOT USE THESE SPACES Beceived from FEDERAL RESERVE BANK or NEW YORK the above described Taken from Vault Counted Delivery Eeceipt Paid Stamp Released United States Government obligations allotted in the amount indicated above. AmountSubscriber. Checked Delivered By- NA-Exchange S Date.... By. Triplicate FEDERAL RESERVE BANK OF NEW YORK Lot Number Application Number E PENDING DELIVERY TICKET on Exchange Subscription to United States Government Obligations DESCRIBED BELOW .,1931. Referring to your subscription to $ (par value) UNITED STATES OF AMERICA 2% PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TJ-1932 DATED DECEMBER 15, 1931, DUE JUNE 15, 1932 you have been allotted $, Partial Deliveries Made as Follows: DATE AMOUNT BALANCE DISPOSITION Original FEDERAL RESERVE B A N K OF N E W YORK Lot Number Application Number c NOTICE OF ALLOTMENT on Cash Subscription to United States Government Obligations DESCRIBED BELOW ,1931. Referring to your subscription to $ (par value) UNITED STATES OF AMERICA 3 PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TS2-1932 DATED DECEMBER IS, 1931, DUE SEPTEMBER 15, 1932 you have been allotted $. IMPORTANT To obtain delivery of the securities, the original of this notice properly filled out and signed in the spaces provided below must be returned immediately to the Federal Reserve Bank of New York. In cases where securities are to be delivered over the counter to a representative of the subscriber the duplicate copy of this notice accompanied by a letter of identification must be presented by the representative. „ _ ^ FEDERAL RESERVE BANK OF NEW YORK, Checked by " Instructions ISSUE SECUBITIES IN THE FOLLOWING DENOMINATIONS Pieces ! Denominations to Federal Reserve Bank of New York LEAVE BLANK Par Amount Fiscal Agent of the United States. DISPOSE or SECUEITIES AS INDICATED BELOW Numbers * Hold to secure War Loan Deposits $500 Hold for Safekeeping (For members only) 1,000 Deliver Over Counter 5,000 Deliver to Loan and Discount Department 10,000 Ship Definitive Securities 100,000 Special Instructions Total The method of payment is indicated below: By debit t o o a r reserve aceoant By check - - - - - - - - - - - - - - - - $ . - I . Subscriber Street address. Town State By credit t o W a r Loan Deposit Account a s indicated below. When payment is to be made by credit to War Loan Deposit Account, the following certificate of advice must be filled out and signed. CERTIFICATE OF ADVICE ,1931 (Date) [ HEREBY CERTIFY that there has been deposited this day with the above bank or trust company, to the credit of the Federal Reserve Sank of New York, as Fiscal Agent of the United States War Loan Deposit Account, to be held subject to withdrawal on demand, the um of. Dollars, $. Cashier or Vice-President Demands for withdrawal of deposits in the above aceoant will be made through the Federal Beserre Bank of New York as fiscal agent f the United States. NOTE: Securities of this issue allotted to a qualified depositary for its own account may be paid for by credit to War Loan Deposit Account http://fraser.stlouisfed.org/ ad may also be deposited with Federal Eeserve Bank of New York as collateral security for such Account. Federal Reserve Bank of St. Louis Duplicate FEDERAL RESERVE BANK OP NEW YORK Lot Number Application Number NOTICE OF ALLOTMENT on Cash Subscription to United States Government Obligations DESCRIBED BELOW ,1931. Referring to your subscription to $ (par value) UNITED STATES OF AMERICA 3 PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TS2-1932 DATED DECEMBER 15, 1931, DUE SEPTEMBER 15, 1932 you have been allotted $. IMPORTANT To obtain delivery of the securities, the original of this notice properly filled out and signed in the spaces provided below must be returned immediately to the Federal Reserve Bank of New York. In cases where securities are to be delivered over the counter to a representative of the subscriber the duplicate copy of this notice accompanied by a letter of identification must be presented by the representative. FEDERAL RESERVE BANK OF NEW YORK, Fiscal Agent of the United States. Cheeked by, Instructions to Federal Reserve Bank of New York ISSUE SECURITIES IN THE FOLLOWING DENOMINATIONS Pieces Denominations LEAVE BLANK DISPOSE OF SECURITIES AS INDICATED BELOW Numbers Par Amount * Hold to secure War Loan Deposits $500 Hold for Safekeeping (For members only) 1,000 Deliver Over Counter 5,000 Deliver to Loan and Discount Department 10,000 Ship Definitive Securities 100,000 Special Instructions Total The method cf payment is indicated below: By debit t o our reserve account By check - - - - - - - - - - - - - - - - - - - - - - - $ Subscriber _ Street address. $ Town State B y credit t o W a r Loan Deposit Account a s indicated below. When payment is to be made by credit to War Loan Deposit Account, the following certificate of advice must be filled out and signed. CERTIFICATE OF ADVICE ,1931 (Date) I HEREBY CERTIFY that there has been deposited this day with the above bank or trust company, to the credit of the Federal Reserve Bank of New York, as Fiscal Agent of the United States War Loan Deposit Account, to be held subject to withdrawal on demand, the nun of Dollars, $. Cashier or Vice-President Demands for withdrawal of deposits in the above account will be made through the Federal Reserve Bank of New York as fiscal agent Df the United States. * NOTE: Securities of this issue allotted to a qualified depositary for its own account may be paid for by credit to War Loan Deposit Account http://fraser.stlouisfed.org/ and may also be deposited with Federal Beserve Bank of New York as collateral security for such Account. Federal Reserve Bank of St. Louis Triplicate FEDERAL RESERVE B A N K OP N E W YORK Lot Number PENDING DELIVERY TICKET Application Number c on Cash Subscription to United States Government Obligations DESCRIBED BELOW ,1931. Referring to your subscription to $ (par value) UNITED STATES OF AMERICA 3 PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TS2-1932 DATED DECEMBER 15, 1931, DUE SEPTEMBER IS, 1932 you have been allotted $. Partial Deliveries Made as Follows: DATE AMOUNT BALANCE DISPOSITION Original FEDERAL RESERVE BANK OP NEW YORK Lot Number Application Number E NOTICE OF ALLOTMENT on Exchange Subscription to United States Government Obligations DESCRIBED BELOW ,1931. Referring to your subscription to $ (par value) UNITED STATES OF AMERICA 3M PER CENT TREASURY NOTES, SERIES 1932 DATED DECEMBER 15, 1931, DUE DECEMBER 15, 1932 you have been allotted $ IMPORTANT To obtain delivery of the securities, the original of this notice properly filled oat and signed in the spaces provided below mast be returned immediately to the Federal Reserve Bank of New York. In cases where securities are to be delivered over the counter to a representative of the subscriber the duplicate copy of this notice accompanied by a letter of identification must be presented by the representative. FEDERAL RESERVE BANK OF NEW YORK, Checked by Fiscal Agent of the United States. Instructions ISSUE SECURITIES IN THE FOLLOWING DENOMINATIONS Pieeee Denominations I to Federal Reserve Bank of New York LEAVE BLANK Par Amount DISPOSE OF SECURITIES AS INDICATED BELOW Numbers $100 Hold to secure War Loan Deposits 500 Hold for Safekeeping (For members only) 1,000 Deliver Over Counter 5,000 Deliver to Loan and Discount Department 10,000 Ship Definitive Securities 100,000 Special Instructions Total The method of payment is indicated below: Subscriber By surrender of maturing securities as follows: 1% % Treasury certificates of indebtedness, Series TD-1931 Street address $ 1% % Treasury certificates of indebtedness, Series TD2-1931 $ Treasury notes, Series C-1930-32 State Town $ DO NOT USE THESE SPACES Delivery Eeceipt Paid Stamp Released Beceived from FEDERAL RESERVE BANK OT N E W YORK the above described Taken from Vault United States Government obligations allotted in the amount indicated above. Counted Amount- Checked Delivered Subscriber. By- NA-Exchange N Date. By. Duplicate FEDERAL RESERVE BANK OF NEW YORK Lot Number Application Number E NOTICE OF ALLOTMENT on Exchange Subscription to United States Government Obligations DESCRIBED BELOW ,1931. Referring to your subscription to $ (par value) UNITED STATES OF AMERICA 3M PER CENT TREASURY NOTES, SERIES 1932 DATED DECEMBER 15, 1931, DUE DECEMBER 15, 1932 you have been allotted $ IMPORTANT To obtain delivery of the securities, the original of this notice properly filled out and signed in the spaces provided below must be returned immediately to the Federal Reserve Bank of New York. In cases where securities are to be delivered over the counter to a representative of the subscriber the duplicate copy of this notice accompanied by a letter of identification must be presented by the representative. FEDERAL RESERVE BANK OP NEW YORK, Checked by Fiscal Agent of the United State*. Instructions FOLLOWING Pieces LXAVK BLANK DENOMINATIONS Par Amount Denominations $100 to Federal Reserve Bank of New York DISPOSE or SECUBITIES AS INDICATED BELOW Numbers I Hold to secure War Loan Deposits 500 Hold for Safekeeping (For members only) 1,000 Deliver Over Counter 5,000 Deliver to Loan and Discount Department 10,000 Ship Definitive Securities 100,000 Total Special Instructions $ The method of payment is indicated below: Subscriber By surrender of maturing securities as follows: 1 % % Treasury certificates of indebtedness, Series TD-1931 Street address $ Town 1 % % Treasury certificates of indebtedness, Series TD2-1931 $ State 3 Vt % Treasury Treasury notes, Series C-1930-32 DO NOT USE THESE 8PACE8 Received from FEDERAL RESERVE B A N E or N s w YOEK the above described Taken from Vault Counted Delivery Receipt Paid Stamp Released United States Government obligations allotted in the amount indicated above. Amount- Subscriber. Cheeked Delivered NA-Exchange N By- Date. By. Triplicate FEDERAL RESERVE BANK OF NEW YORK Lot Number Application Number E PENDING DELIVERY TICKET on Exchange Subscription to United States Government Obligations DESCRIBED BELOW ,1931. Referring to your subscription to $ (par value) UN] UNITED STATES OF AMERICA 3M PER CENT TREASURY NOTES, SERIES 1932 DATED DECEMBER 15, 1931, DUE DECEMBER 15, 1932 you have been allotted $. Partial Deliveries Made as Follows: DATE AMOUNT BALANCE DISPOSITION FEDERAL RESERVE BANK GOVERNMENT BONO AND OF NEW YORK SAFEKEEPING DEPARTMENT No. Not Negotiable Receipt is acknowledged of $ Par Value 1 % % Treasury Certificates Series TD-1931 1 7/s % Treasury Certificates Series TD2-1931 3V 2 % Treasury Notes Series C 1930-32 fj Tendered in payment for 3 % Treasury Certificates Series TS2-1932 This memorandum is without value except as an acknowledgment of the receipt of the securities mentioned. Securities will be delivered to your representative upon surrender of this receipt with letter of identification officially signed. FEDERAL RESERVE BANK OF NEW YORK FISCAL AGENT OF THE UNITED STATES Teller Original FEDERAL RESERVE BANK OP NEW YORK Lot Number Application Number E NOTICE OF ALLOTMENT on Exchange Subscription to United States Government Obligations DESCRIBED BELOW ,1931. Referring to your subscription to $ (par value) UNITED STATES OF AMERICA 3 PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TS2-1932 DATED DECEMBER 15, 1931, DUE SEPTEMBER 15, 1932 you have been allotted $. IMPORTANT To obtain delivery of the securities, the original of this notice properly filled out and signed in die spaces provided below must be returned immediately to the Federal Reserve Bank of New York. In cases where securities are to be delivered over the counter to a representative of the subscriber the duplicate copy of this notice accompanied by a letter of identification must be presented by the representative. FEDERAL RESERVE BANK OF NEW YORK, Checked by Fiscal Agent of the United States. Instructions to Federal Reserve Bank of New York ISSUE SECURITIES IN THE FOLLOWING DENOMINATIONS Pieeea Denominations LEAVE BLANK Par Amount DISPOSE OF SECURITIES AS INDICATED BELOW Numbers Hold to secure War Loan Deposits $500 Hold for Safekeeping (For members only) 1,000 Deliver Over Counter 5,000 Deliver to Loan and Discount Department 10,000 Ship Definitive Securities 100,000 Special Instructions Total The method of payment is indicated below: Subscriber By surrender of maturing securities as follows: 1% % Treasury certificates of indebtedness, Series TD-1931 Street address $ 3% % Treasury notes, Series C-1930-32 State Town 1% % Treasury certificates of indebtedness, Series TD2-1931 $ $ DO NOT USE THESE SPACES Delivery Receipt Paid Stamp Released Eeceived from FEDERAL RESERVE BANK or N E W YORK the above described Taken from Vault United States Government obligations allotted in the amount indicated above. Counted Amount- Cheeked Delivered Subscriber. Bv- -Exchange L NA-Exch Date. Bj. Duplicate FEDERAL RESERVE BANK OP NEW YORK Lot Number Application Number E NOTICE OF ALLOTMENT on Exchange Subscription to United States Government Obligations DESCRIBED BELOW .,1931. Referring to your subscription to $ (par value) UNITED STATES OF AMERICA 3 PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TS2-1932 DATED DECEMBER 15, 1931, DUE SEPTEMBER 15, 1932 you have been allotted $. IMPORTANT To obtain delivery of the securities, the original of this notice properly filled out and signed in the spaces provided below must be returned immediately to the Federal Reserve Bank of New York. In cases where securities are to be delivered over the counter to a representative of the subscriber the duplicate copy of this notice accompanied by a letter of identification must be presented by the representative. FEDERAL RESERVE BANK OF NEW YORK, Checked by Fiscal Agent of the United States. Instructions ISSUE SECURITIES IN THE FOLLOWING DENOMINATIONS Pieces Denominations to Federal Reserve Bank of New York LEAVE BLANK Par Amount DISPOSE or SECURITIES AS INDICATED BELOW Numbers $ Hold to secure War Loan Deposits $500 Hold for Safekeeping (For members only) 1,000 Deliver Over Counter 5,000 Deliver to Loan and Discount Department 10,000 Ship Definitive Securities 100,000 Total Special Instructions * The method of payment is indicated below: Subscriber By surrender of maturing: securities as follows: 1 % % Treasury certificates of indebtedness, Series TD-1931 Street address $ Town 1% % Treasury certificates of indebtedness. Series TD2-1931 $ 3 % % Treasury notes, Series C-1930-32 State $ DO NOT USB THESE SPACES Eeceived from FEDERAL RESERVE B A N E or N E W YORK the above described Taken from Vault Counted Delivery Beceipt Paid Stamp Released United States Government obligations allotted in the amount indicated above. Amount- Subscriber. Cheeked Delivered NA-Exchange L By- Date. By. Triplicate FEDERAL RESERVE BANK OF NEW YORK Lot Number Application Number E PENDING DELIVERY TICKET on Exchange Subscription to United States Government Obligations DESCRIBED BELOW .,1931. Referring to your subscription to $ (par value) UNITED STATES OF AMERICA 3 PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TS2-1932 DATED DECEMBER 15, 1931, DUE SEPTEMBER 15, 1932 you have been allotted $. Partial Deliveries Made as Follows: DATE AMOUNT BALANCE DISPOSITION Original FEDERAL RESERVE BANK OF N E W YORK Lot Number Application Number c NOTICE OF ALLOTMENT on Cash Subscription to United States Government Obligations DESCRIBED BELOW ,1931. Referring to your subscription to $ (par value) UNITED STATES OF AMERICA 2% PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TJ-1932 DATED DECEMBER 15, 1931, DUE JUNE 15, 1932 you have been allotted $ IMPORTANT To obtain delivery of the securities, the original of this notice properly filled out and signed in the spaces provided below must be returned immediately to the Federal Reserve Bank of New York. La cases where securities are to be delivered over the counter to a representative of the subscriber the duplicate copy of this notice accompanied by a letter of identification must be presented by the representative. _ _. _ xT _ FEDERAL RESERVE BANK OF NEW YORK, Cheeked by Fiscal Agent of the United States. Instructions to Federal Reserve Bank of New York ISSUE SECURITIES IN THE FOLLOWING DENOMINATIONS LEAVE BLANK Pieces I Denominations I Par Amount DISPOSE or SECUBITIES AS INDICATED BELOW Numbers * Hold to secure War Loan Deposits $500 Hold for Safekeeping (For members only) 1,000 Deliver Over Counter 5,000 Deliver to Loan and Discount Department 10,000 Ship Definitive Securities 100,000 Special Instructions Total The method of payment is indicated below: B y debit t o o u r reserve account By check - _ - - - - - - . • • . - - . - - - - - - - $ Subscriber Street address. $— State Town B y credit t o W a r Loan Deposit Account a s indicated below. When payment is to be made by credit to War Loan Deposit Account, the following certificate of advice must be filled out and signed. CERTIFICATE OF ADVICE ,1931 (DaU) I HEREBY CERTIFY that there has been deposited this day with the above bank or trust company, to the credit of the Federal Reserve Bank of New York, as Fiscal Agent of the United States War Loan Deposit Account, to be held subject to withdrawal on demand, the nun of. Dollars, $. Cashier or Vice-President Demands for withdrawal of deposits in the above account will be made through the Federal Eeeerve Bank of New York as fiscal agent if the United States. • NOTE: for FRASER Digitized Securities of this issue allotted to a qualified depositary for its own account may be paid for by credit to War Loan Deposit Ace Duplicate FEDERAL RESERVE B A N K OF N E W YORK Lot Number Application Number NOTICE OF ALLOTMENT on Cash Subscription to United States Government Obligations DESCRIBED BELOW ,1931. Referring to your subscription to $ (par value) UNITED STATES OF AMERICA 2% PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TJ-1932 DATED DECEMBER 15, 1931, DUE JUNE 15, 1932 you have been allotted $. IMPORTANT To obtain delivery of the securities, the original of this notice properly filled out and signed in the spaces provided below must be returned immediately to the Federal Reserve Bank of New York. In cases where securities are to be delivered over the counter to a representative of the subscriber the duplicate copy of this notice accompanied by a letter of identification must be presented by the representative. FEDERAL RESERVE BANK OF NEW YORK, Fiscal Agent of the United States. Checked by. Instructions to Federal Reserve Bank of New York ISSUE SECURITIES IN THE FOLLOWING DENOMINATIONS Pieces Denominations LEAVE BLANK Par Amount DISPOSE OF SECURITIES AS INDICATED BELOW Numbers * Hold to secure War Loan Deposits $500 Hold for Safekeeping (For members only) 1,000 Deliver Over Counter 5,000 Deliver to Loan and Discount Department 10,000 Ship Definitive Securities 100,000 Special Instructions Total The method of payment is indicated below: By debit t o o u rreserve account By check - - - - - - - - - - - - - - - - - - - - - - - $ Subscriber Street address. $ Town State B y credit t o W a r Loan Deposit Account a s indicated below. When payment is to be made by credit to War Loan Deposit Account, the following certificate of advice must be filled and signed. CERTIFICATE OF ADVICE ,1931 (Date) I HEREBY CERTIFY that there has been deposited this day with the above bank or trust company, to the credit of the Federal Reserve Bank of New York, as Fiscal Agent of the United States War Loan Deposit Account, to be held subject to withdrawal on demand, the 0{ „ Dollars, Cashier or Vice-President Demands for withdrawal of deposits in the above account will be made through the Federal Reserve Bank of New York as fiscal agent of the United States. • N O T E :for FRASER Digitized Securities of this issue allotted to a qualified depositary for its own account may be paid for by credit to War Loan Deposit Account http://fraser.stlouisfed.org/ and_mav also be deposited with Federal Eeserve Bank of New York as collateral security for such Account. Federal Reserve Bank of St. Louis Triplicate FEDERAL RESERVE BANK OF NEW YORK Lot Nnmber Application Nnmber PENDING DELIVERY TICKET on Cash Subscription to United States Government Obligations DESCRIBED BELOW ,1931. Referring to your subscription to $ (par value) UNITED STATES OF AMERICA 2% PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TJ-1932 DATED DECEMBER 15, 1931, DUE JUNE 15, 1932 you have been allotted $. Partial Deliveries Made as Follows: DATE AMOUNT BALANCE DISPOSITION FEDERAL RESERVE BANK OF NEW YORK GOVERNMENT BOND AND SAFEKEEPING DEPARTMENT No. Not Negotiable Receipt is acknowledged of $ Par Value 1 % % Treasury Certificates Series TD-1931 1 % % Treasury Certificates Series TD2-1931 3 Vz % Treasury Notes Series C 1930-32 • • Q Tendered in payment for 3V4% Treasury Notes Series 1932 This memorandum is without value except as an acknowledgment of the receipt of the securities mentioned. Securities allotted will be delivered to your representative upon surrender of this receipt with letter of identification officially signed. FEDERAL RESERVE BANK OF NEW YORK FISCAL AGENT OF THE UNITED STATES Teller Original FEDEBAL RESERVE BANK OF NEW YORK Lot Number Application Number NOTICE OF ALLOTMENT on Cash Subscription to United States Government Obligations DESCRIBED BELOW , 1931. Referring to your subscription to $ (par value) UNITED STATES OF AMERICA 3 ^ PER CENT TREASURY NOTES, SERIES 1932 DATED DECEMBER 15, 1931, DUE DECEMBER IS, 1932 you have been allotted $ IMPORTANT To obtain delivery of the securities, the original of this notice properly filled out and signed in the spaces provided below must be returned immediately to the Federal Reserve Bank of New York. In cases where securities are to be delivered over the counter to a representative of the subscriber the duplicate copy of this notice accompanied by a letter of identification must be presented by the representative. FEDERAL RESERVE BANK OF NEW YORK, Fiscal Agent of the United States. Checked by. Instructions to Federal Reserve Bank of New York ISSUE SECURITIES IN THE FOLLOWING DENOMINATIONS LEAVE BLANK Pieces I Denominations ! Par Amount DISPOSE OF SECUBITIES AS INDICATED BELOW Numbers $100 * Hold to secure War Loan Deposits 500 Hold for Safekeeping (For members only) 1,000 Deliver Over Counter 5,000 Deliver to Loan and Discount Department 10,000 Ship Definitive Securities 100,000 Special Instructions Total The method of payment is indicated below; B y debit t o our reserve account By check - - . - - - - - - - - - - - - - - $ . - $ . Subscriber Street address. Town Sute B y credit t o W a r Loan Deposit Account a s indicated below. When payment is to be made by credit to "War Loan Deposit Account, the following certificate of advice must be filled out and signed. CERTIFICATE OF ADVICE ,1931 (Datt) I HEREBY CERTIFY that there has been deposited this day with the above bank or trust company, to the credit of the Federal Reserve Bank of New York, as Fiscal Agent of the United States War Loan Deposit Account, to be held subject to withdrawal on demand, the sum of Dollars, $. Cashier or Vice-President Demands for withdrawal of deposits in the above account will be made through the Federal Beserve Bank of New York as fiscal agent of the United States. •Nora: http://fraser.stlouisfed.org/ t mav he. nairl for hv crfidit tn Vfoix TjOflTi Dpnnsit. Awonnt f thisof i9«7ip ti\]f\itpA tn a nnnlifipd r}pnr>9it.flxv •for i t s o Federal Reserve Bank St. Louis Duplicate FEDERAL RESERVE BANK OF NEW YORK Lot Number Application Number NOTICE OF ALLOTMENT on Cash Subscription to United States Government Obligations DESCRIBED BELOW ,1931. Referring to your subscription to $ (par value) UNITED STATES OF AMERICA 3*4 PER CENT TREASURY NOTES, SERIES 1932 DATED DECEMBER 15, 1931, DUE DECEMBER 15, 1932 you have been allotted $ IMPORTANT To obtain delivery of the securities, the original of this notice properly filled out and signed in the spaces provided below must be returned immediately to the Federal Reserve Bank of New York. In cases where securities are to be delivered over the counter to a representative of the subscriber the duplicate copy of this notice accompanied by a letter of identification must be presented by the representative. FEDERAL RESERVE BANK OF NEW YORK, Checked by Fiscal Agent of the United States. Instructions to Federal Reserve Bank of New York ISSUE SECURITIES IN THE FOLLOWING DENOMINATIONS Pieces Denominations LEAVE BLANK Par Amount DISPOSE OF SECURITIES AS INDICATED BELOW Numbers $100 * Hold to secure War Loan Deposits 500 Hold for Safekeeping (For members only) 1,000 Deliver Over Counter 5,000 Deliver to Loan and Discount Department 10,000 Ship Definitive Securities 100,000 Special Instructions Total The method of payment is indicated below: B y debit t o our reserve account B y check - - - - - - - - . - - - - - . . $ . - - - - - - - - $ Subscriber Street address. . Town State B y credit t o W a r Loan Deposit Account a s indicated below. When payment is to be made by credit to War Loan Deposit Account, the following certificate of advice must be filled out and signed. CERTIFICATE OF ADVICE ,1931 (Date) I HEREBY CERTIFY that there has been deposited this day with the above bank or trust company, to die credit of the Federal Reserve Bank of New York, as Fiscal Agent of the United States War Loan Deposit Account, to be held subject to withdrawal on demand, the sum of Dollars, $. Cashier or Vice-President Demands for withdrawal of deposit* in the above account will be made through the Federal Eeserve Bank of New York as fiscal agent of the United States. • NOTE: http://fraser.stlouisfed.org/ nf anft tiifa Bank *h™of ™ allotted to a qualified depositary for its own account may be paid for by credit to War Loan Deposit Account Federal Reserve St. Louis Triplicate FEDERAL RESERVE BANK OF N E W YORK Lot Number PENDING DELIVERY TICKET Application Number c on Cash Subscription to United States Government Obligations DESCRIBED BELOW .,1931. (P a r value) Referring to your subscription to $ UNI UNITED STATES OF AMERICA 3% PER CENT TREASURY NOTES, SERIES 1932 DATED DECEMBER 15, 1931, DUE DECEMBER 15, 1932 you have been allotted $. Partial Deliveries Made as Follows: DATE AMOUNT BALANCE DISPOSITION EA CS This Form Should Be Used When Treasury Certificates of Indebtedness of Series TD-1931 and Series TD2-1931, Both Maturing December 15, 1931, and 3V2% Treasury Notes, Series C-1930-32, Called For Payment December 15, 1931, Are Tendered in Payment for Treasury Certificates of Indebtedness to be Allotted on Subscriptions Lot Number Application Number E For 234 Per Cent Treasury Certificates of Indebtedness, Series TJ-1932 Dated December 15, 1931 Due June 15, 1932 NOTICE TO SUBSCRIBERS: A separate similar form should be used for each subscription by a bank for account of each customer payment for which is to be made, upon allotment, by Treasury certificates of indebtedness of Series TD-1931 and Series TD2-1931, both maturing December 15, 1931, and 3}£% Treasury notes, Series C-1930-32, called for payment December 15, 1931. (Such notes tendered for payment must have the June 15 and December 15, 1932 coupons attached. The December 15, 1931 coupon should be detached and collected in the usual manner). If payment is to be made by Treasury certificates of indebtedness or Treasury notes now held by the Federal Reserve Bank of New York instructions should be given accordingly. Subscriptions for which such Treasury certificates of indebtedness and Treasury notes are tendered in payment will be given preferred allotment up to the amount of the offering of Treasury certificates of indebtedness of Series TJ-1932. Since lowest denomination of certificates of indebtedness Series TJ-1932 is $500. exchange subscriptions must be in multiples of $500. All subscriptions will be received subject to later allotment. .1931 FEDEBAL EESEEVE BANK OF NEW YORK, Fiscal Agent of the United States, New York, N. Y. DKAR SIKS: Pursuant to the terms stated in Treasury Department Circular No. 451, dated December 7, 1931, please enter subscription at par and accrued interest for $ Series TJ-1932. (par value) United States of America 2% per cent Treasury certificates of indebtedness, In payment for any Treasury certificates allotted on this subscription we will deliver to you on or before the date of the issue Treasury certificates of indebtedness and/or Treasury notes, as indicated below: Treasury certificates of indebtedness, Series TD-1931 $ Treasury certificates of indebtedness, Series TD2-1931 $ Treasury notes, Series C-1930-32, called for payment Dec. 15, 1931 $ ^*"* B e f o r e TO SUBSCRIBER • Mark (X) in proper space to indicate if this is: Original subscription Confirmation of a telegram Confirmation of a letter si gninS fil1 ** a11 required spaces. Post Ofiice Address. State Official Signature Required SPACES BELOW FOR THE USE OF THE FEDERAL RESERVE BANK Examined Allotment Beceivec _ _ _ Journal Carded Figured Checked Checked Recorded Ledger Acknowledged Advised Security Exchanged Window Disposition Amount Safekeeping Date Released Mail By Other Departmenta EA-N This Form Should Be Used When Treasury Certificates of Indebtedness of Series TD-1931 and Series TD2-1931, Both Maturing December 15, 1931, and 3V 2 % Treasury Notes, Series C-193032, Called For Payment December 15, 1931, Are Tendered in Payment for Treasury Notes to be Allotted on Subscriptions Lot Number Application Number E For 3V4 Per Cent Treasury Notes, Series 1932 Dated December 15? 1931 Due December 15, 1932 NOTICE TO SUBSCRIBERS: A separate similar form should be used for each subscription by a bank for account of each customer payment for which is to be made, upon allotment, by Treasury certificates of indebtedness of Series TD-1931 and Series TD2-1931, both maturing December 15, 1931, and 3 H % Treasury notes, Series C-1930-32, called for payment December 15, 1931. (Such notes tendered for payment must have the June 15 and December 15, 1932 coupons attached. The December 15, 1931 coupon should be detached and collected in the usual manner). If payment is to be made by such Treasury certificates of indebtedness or Treasury notes now held by the Federal Reserve Bank of New York instructions should be given accordingly. Subscriptions for which such Treasury certificates of indebtedness and Treasury notes are tendered in payment will be given preferred allotment up to the amount of the offering of Treasury notes Series 1932. Since lowest denomination of Treasury notes, Series 1932, is $100, exchange subscriptions must be in multiples of $100. All subscriptions will be received subject to later allotment. .1931 FEDERAL RESERVE BANK or N E W YORK, Fiscal Agent of the United State*, New York, N. Y. DEAR SIRS : Pursuant to the terms stated in Treasury Department Circular No. 452, dated December 7, 1931, please enter subscription at par and accrued interest for $ (par value) United States of America 3*4 per cent Treasury notes, Series 1932. In payment for any Treasury notes allotted on this subscription we will deliver ta you on or before the date of the issue Treasury certificates of indebtedness, and/or Treasury notes as indicated below: Treasury notes, Series C-1930-32, called for payment Dec. 15, 1931 $ Treasury certificates of indebtedness, Series TD-1931 $ Treasury certificates of indebtedness, Series TD2-1931 $ Before signing fill in all required spaces. TO SUBSCRIBER: Mark ( X ) in proper space to indicate if this is: Original subscription Confirmation of a telegram.. Confirmation of a letter Subscriber , Post Office Address State Official Signature Required SPACES BELOW FOR THE USE OF THE FEDERAL RESERVE BAXK Examined Allotment Received Journal Carded Figured Checked Ledger Cheeked Recorded Advised ^Acknowledged ^ Disposition Security Exchanged Window Amount Safekeeping Date Released Mail By Other Departments EA-CL This Form Should Be Used When Treasury Certificates of Indebtedness of Series TD-1931 and Series TD2-1931, Both Maturing December 15, 1931, and 3V 2 % Treasury Notes, Series C-1930-32, Called For Payment December 15, 1931, Are Tendered in Payment for Treasury Certificates of Indebtedness to be Allotted on Subscriptions Lot Number Application Number E For 3 Per Cent Treasury Certificates of Indebtedness, Series TS2-1932 Dated December 15, 1931 Due September 15, 1932 NOTICE TO SUBSCRIBERS: A separate similar form should be used for each subscription by a bank for account of each customer payment for which is to be made, upon allotment, by Treasury certificates of indebtedness of Series TD-1931 and Series TD2-1931, both maturing December 15, 1931, and 3}£% Treasury notes, Series C-1930-32, called for payment December IS, 1931. (Such notes tendered for payment must have the June 15 and December 15, 1932 coupons attached. The December 15, 1931 coupon should be detached and collected in the usual manner). If payment is to be made by such Treasury certificates of indebtedness or Treasury notes now held by the Federal Reserve Bank of New York instructions should be given accordingly. Subscriptions for which such Treasury certificates of indebtedness and Treasury notes are tendered in payment will be given preferred allotment up to the amount of the offering of Treasury certificates of indebtedness of Series TS2-1932. Since lowest denomination of certificates of indebtedness, Series TS2-1932, is $500 exchange subscriptions must be in multiples of $500. All subscriptions will be received subject to later allotment. .1931 FEDERAL RESERVE BANK OP NEW YORK, Fiscal Agent of the United States, New York, N. Y. DEAR SIRS: Pursuant to the terms stated in Treasury Department Circular No. 451, dated December 7, 1931, please enter subscription at par and accrued interest for $ (par value) United States of America 3 per cent Treasury certificates of indebtedness, Series TS2-1932. In payment for any Treasury certificates allotted on this subscription we will deliver to you on or before the date of the issue Treasury certificates of indebtedness and/or Treasury notes, as indicated below: Treasury certificates of indebtedness, Series TD-1931 $ Treasury certificates of indebtedness, Series TD2-1931 $ Treasury notes, Series C-1930-32, called for payment Dec. 15, 1931 $ JW" Before signing fill in all required spaces. TO SUBSCRIBER: Mark (X) in proper space to indicate if this is: Original subscription Confirmation of a telegram.... Confirmation of a letter Subscriber Post Office Address. State Official Signature Required SPACES BELOW FOB THE USE OF THE FEDERAL RESERVE BANK Examined Allotment Received Carded Journal Figured Checked Ledger Checked Recorded Advised Disposition Acknowledged Amount Security Exchanged Window Safekeeping Date Released Mail By Other Departments B-S CASH SUBSCRIPTION Lot Number Application Number IB To United States Government Obligations Described Below A separate form should be used for each individual subscription. Dated at .1931 Interest decimal on coupon payable June 15,1932 (183 day period) one day's interest on $1000. is $.075136612 FEDERAL EESEEVE BANK OP NEW YORK, Fiscal Agent of the United States, New York, N. Y. DEAB SIRS : Pursuant to the terms stated in Treasury Department Circular No. 451, dated December 7, 1931 please enter our (my) subscription at par and accrued interest for $ (par value) UNITED STATES OF AMERICA 23/4 PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TJ-1932, DATED DECEMBER 15, 1931, DUE JUNE 15, 1932. We (I) agree to pay to you on the date of the above issue at par for any securities allotted on account of this subscription, and payment will be made by the method indicated below: By check By eash - . r—I Payment will be made by (name) This is a confirmation of a previous subscription... Write Y«« Writ* No Subscriber . . . Street address. Town Statt THIS SPACE IS FOE THE USE OF THE FEDERAL RESERVE BANK OF NEW YORK CARD FIGURED Allotment CLASSIFIED LEDGER Figured i Checked! Advised ACKNOWLEDGED DISPOSITION Payment Released $ By Cash - - • i Mi By Check cv. l. T . . r« _ „_ ; Date IB-N CASH SUBSCRIPTION Lot Number Application Number IB To United States Government Obligations Described Below A separate form should be used for each individual subscription. Dated at .1931 Interest decimal on coupon payable June 15,1932 (183 day period) one day's interest on $1000. is $.088797814 Interest decimal on coupon payable Dec. 15,1932 (183 day period) one day's interest on $1000. is $.088797814 FEDERAL EESERVE BANK or NEW YORK, Fiscal Agent of the United States, New York, N. Y. DEAR SIRS: Pursuant to the terms stated in Treasury Department Circular No. 452, dated December 7, 1931 please enter our (my) subscription at par and accrued interest for $ (par value) UNITED STATES OF AMERICA 3% PER CENT TREASURY NOTES, SERIES 1932 DATED DECEMBER 15, 1931 DUE DECEMBER 15, 1932 We (I) agree to pay to you on the date of the above issue at par for any securities allotted on account of this subscription, and payment will be made by the method indicated below: • By cash D By check - Payment will be made by (name) This is a confirmation of a previous subscription. Write T«i or Writ* No Subscriber . . . Street address. Town State THIS SPACE IS FOB THE USE OF THE FEDERAL EESEBVE BANK OF NEW YOBK ACKNOWLEDGED CLASSIFIED Allotment Payment Figured Checked Advised DISPOSITION Released I S — By Cash By CheckCheck No. Drawn on Date IB-L CASH SUBSCRIPTION Lot Number Application Number IB To United States Government Obligations Described Below A separate form should he used for each individual subscription. Bated at , .1931 Interest decimal on coupon payable March 15,19S2 (91 days in 182 day period) one day's interest on $1000. is $.082417582 Interest decimal on coupon payable Sept. 15, 1932 (184 day period) one day's interest on $1000. is $.081521739 FEDERAL RESERVE BANK OP NEW YORK, Fiscal Agent of the United States, New York, N. Y. DEAR SIRS : Pursuant to the terms stated in Treasury Department Circular No. 451, dated December 7, 1931 please enter our (my) subscription at par and accrued interest for $ (par value) UNITED STATES OF AMERICA 3 PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TS2-1932, DATED DECEMBER 15, 1931, DUE SEPTEMBER 15, 1932. We (I) agree to pay to you on the date of the above issue at par for any securities allotted on account of this subscription, and payment will be made by the method indicated below: By eheck - - - - - - - - r—I By cash i—i Payment will be made by (name) This is a confirmation of a previous subscription... Write Ye» or Writ* No Subscriber . . . Street address. Town State THIS SPACE IS FOE THE USE OF THE FEDEEAL EESEEVE BANK OF NEW YOBK CLASSIFIED FIGURED Allotment LEDGER Figured ! Checked Advised ACKNOWLEDGED Payment DISPOSITION Released By Cash Bv Check — Date 3TC-S Lot Number Cash Subscription by Bank or Trust Company Application Number To United States Government Obligations Described Below Dated at .1931 Interest decimal on coupon payable June 15,1932 (183 day period) one day's interest on $1000. is $.075136613 FEDERAL RESERVE BANK OF NEW YOBK, Fiscal Agent of the United States, New York, N. Y. DEAR SIRS : Pursuant to the terms stated in Treasury Department Circular No. 451, dated December 7, 1931, please enter subscription as follows at par and accrued interest for UNITED STATES OF AMERICA 2% PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TJ-1932, DATED DECEMBER 15, 1931, DUE JUNE 15, 1932. •For our own account (not classified below) *For our customers (classified below) Total Subscription CLASSIFICATION OF CUSTOMEES' SUBSCRIPTIONS (For example: Class A —10 at $1,000) Denominations of securities of this issue to be desired on allotment should not be shown on this subscription form. CLASS A Subscriptions of $1,000 and under Number of 1 Amount I L e a v e Blank SubBcnpt a | of Each CLASS B Subscriptions of $1,100 to $10,000 Inclusive Subscriptions of Number of 1 Number of 1 Amount 1 L e a v e Blank Subscript's | Subscript's 1 of Each CLASS C CLASS D S10.100 to $50,000 Inclusive Subscriptions of 850,100 to $100,000 Inc. Amount Number of Amount Leave Blank Leave Blank of Each Subscript's of Each at at at at at at at at at at at at at at at at at at at at at at at at at at at at at CLASS E Sub's of $100,100 to $500,000 Inclusive Number of 1 Amount 1 » „ _ -r.ln^, Subscript's 1 of Each | Leave Blank at at CLASS F Sub's of $500,100 to 81,000,000 Inclusive Number of 1 Amount Subscript's | of Each t Leave Blank CLASS G Subscriptions of over $1,000,000 Number of Amount Leave Blank Subscript's of Each at at at at at at at at at at at at at at at at at at at at at at at at — — We agree to pay to yon on the date of the above issue at par for any securities allotted on account of this subscription, and payment will be made by the method indicated below: By debit to o a r reserve account By cheek _ - - - - - - D D By credit to War Loan Deposit Account D Before signing fill in all required spaces. BTC-L Application Number Lot Number Cash Subscription by Bank or Trust Company To United States Government Obligations Described Below Dated at .1931 Interest decimal on coupon payable March 15,1932 (91 days in 182 day period) one day's interest on $1000. is $.082417582 Interest decimal on coupon payable Sept. 15, 1932 (184 day period) one day's interest on $1000. is $.081521739 .FEDERAL EESEBVE BANK OF N E W YOBK, Fiscal Agent of the United States, New York, N. Y. DEAR SIRS : Pursuant to the terms stated in Treasury Department Circular No. 451, dated December 7, 1931, please enter subscription as follows at par and accrued interest for UNITED STATES OF AMERICA 3 PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TS2-1932, DATED DECEMBER 15, 1931, DUE SEPTEMBER 15, 1932. •For our own account (not classified below) $ *For our customers (classified below) ______________ Total Subscription $ CLASSIFICATION OF CUSTOMEES' SUBSCRIPTIONS (For example: Class A —10 at $1,000) Denominations of securities of this issue to be desired on allotment should not be shown on this subscription form. CLASS A Subscriptions of $1,000 and under Number of I Amount I T Ri an k Subscript*B f of Each | Leave Blank CLASS C CLASS B Subscriptions of $1,100 to $10,000 Inclusive Subscriptions of $10,100 to $50,000 Inclusive Number of Number of 1 Amount Leave Blank £f__ |l-~B__ Subscript's Subscript's | of Each CLASS D Subscriptions of $50,100 to $100,000 Inc. Number of Subscript's at at at at at at at at at at at at at at at at at at at at at at at at at at at at at CLASS E Sub's of $100,100 to $500,000 Inclusive Number of 1 Amount Leave Blank Subscript's | of Each at at CLASS F Sub's of $500,100 to $1,000,000 Inclusive Number of Amount I L e a v e Blank Subscript's of .bach 1 CLASS G Subscriptions of over $1,000,000 Number of Amount I m «_ of Each 1 TLe^e Blank Subscript's at at at at at at at at at at at at at at at at at at at at at at at at We agree to pay to yon on the date of the above issue at par for any securities allotted on account of this subscription, and payment will be made by the method indicated below: By debit to oar reserve account B y check - - - - - - D By credit to War Loan Deposit Account D - http://fraser.stlouisfed.org/ TO SUBSCBIBEE: Federal Reserve Bank of St. Louis Before signing fill in all required spaces. BTC-N Lot Number Cash Subscription by Bank or Trust Company Application Number To United States Government Obligations Described Below Dated at .1931 Interest decimal on coupon payable June 15,1932 (183 day period) one day's interest on $1000. is $.088797814 Interest decimal on coupon payable Dec. 15,1932 (183 day period) one day's interest on $1000. is $.088797814 FEDERAL RESERVE BANK or NEW YORK, Fiscal Agent of the United States, New York, N. Y. DEAR SIRS : Pursuant to the terms stated in Treasury Department Circular No. 452, dated December 7, 1931, please enter subscription as follows at par and accrued interest for UNITED STATES OF AMERICA 3V4 PER CENT TREASURY NOTES, SERIES 1932, DATED DECEMBER 15, 1931 DUE DECEMBER 15, 1932 *For our own account (not classified below) •For our customers (classified below) $ Total Subscription CLASSIFICATION OF CUSTOMEBS' SUBSCRIPTIONS (For example: Class A —10 at $1,000) Denominations of securities of this issue to be desired on allotment should not be shown on this subscription form. CLASS A Subscriptions of $1,000 and under Number of 1 Amount Leave Blank Subscript's [ of Each CLASS C CLASS D CLASS B Subscriptions of $1,100 to $10,000 Inclusive Subscriptions of $10,100 to $50,000 Inclusive Subscriptions of $50,100 to $100,000 Inc. Number of 1 Amount 1 T „ _ „, • Number of 1 Amount I T «__. Riftnlc Number of ofS&S.' |LeaveBlank Subscript's Subscript's | of Each | Leave Blank Subscript's 1 of Each f LeaTe Blank at at at at at at at at at at at at at at at at at at at at at at at at at at at at at CLASS E Sub's of $100,100 to $500,000 Inclusive Number of 1 Amount 1 T . . „ m-.i. Subscript's I of Each | Leave Blank at at CLASS F Sub's of $500,100 to $1,000,000 Inclusive Number of ofmE°aUch 1 I—Blank Subscript's CLASS G Subscriptions of over $1,000,000 Number of 1 Subscript's 1 at at at at at at at at at at at at at at at at at at at at at at at at Amount | of Each | TJI i Teave Blank L _ We agree to pay to you on the date of the above issue at par for any securities allotted on account of this subscription, and payment will be made by the method indicated below: By debit to o u r r e s e r v e account B y check - - - - - - - http://fraser.stlouisfed.org/ TO SUBSCRIBES: nrnrurr mniw.lt Federal ReserveinBank of St. Louis • By credit to War Loan Deposit Account D Bank or Trust Company. • Before signing fill in all required spaces.