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FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States f Circular No. 10961 LMarch 8. 1932 J Subscription Books Closed On Offering of United States of America Treasury Certificates of /Indebtedness Dated and bearing interest from March 15, 1932. Series TO-1932, 3% per cent, due October 15, 1932. Series TM-1933, 3% per cent, due March 15, 1933. 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 offering of $900,000,000, or thereabouts, of United States of America Treasury Certificates of Indebtedness dated and bearing interest from March 15, 1932, Series TO-1932, 3% per cent, due October 15, 1932, and Series TM-1933, 3% per cent, due March 15,1933, closed at the close of business today, Tuesday, March 8,1932. Subscriptions received by us through the mails up to 10 a. m. Wednesday, March 9,1932, will be considered as having been received before the close of the subscription books. Two Per Cent United States Treasury Certificates, First Series Attention is called to the fact that this notice of closing of the subscription books for Series TO-1932 and Series TM-1933 does not apply to the Two Per Cent Treasury Certificates, First Series. The subscription books for the Two Per Cent Treasury Certificates, First Series, have not closed, and will remain open until further notice. GEOBGE L. HAEEISON, Governor. (0) FEDERAL RESERVE BANK OF NEWYORK . March 9, 1932. NSW COUNTERFEITS To each Bank and Trust Company in the Second Federal Reserve District and others concerned; The Treasury Department in its circular letter No. 658, dated March 9, 1932, describes three new counterfeits as follows: $5 UNITED STATES NOTE 1928 series; check letter "K"; face plate No. 242; back plate number indistinct, probably 67; W. 0, Woods, Treasurer of the United States; A. W. Mellon, Secretary of the Treasury; portrait of Lincoln; serial number B50510519A. This note is printed on one sheet of paper from photo-chemical plates of poor workmanship* The cross-hatch lines forming the portrait background are not revealed in this counterfeit which is lacking throughout in the delicate detail which characterizes the genuine. The back is executed in an off-color green with smudgy effect. The seal and numbering are printed from etched plates in bright crimson. Faulty etching has failed to bring out the saw-tooth design of the outer seal circle. The legend over which the seal is impressed has also been printed from a separate plate in which appear several misspelled words, rotably AIN for AND at the end of the second line and DEBET for DEBT at the end of the final line, $10 GCLD .CERTIFICATE 192S Series; tinct; check letter M L"; face and back plate numbers indis- W. 0. Woods, Treasurer of the United States; Secretary of the Treasury; portrait of Hamilton; A. W. Ifellon, serial number A35010513A. This counterfeit is the handiwork of the persons responsible for the $5 note abcve described and is identical in workmanship, the last five numerals in the serial numbering being the same,. FEDERAL RESERVE BANK OF NEW YORK ^ MarCH 9 , 1 9 3 2 . $100 GOLD CERTIFICATE 1928 Series; check l e t t e r *c*? face plate No, 2; W. 0» Woods, Treasurer of the United S t a t e s ; the Treasury; p o r t r a i t of Franklin; hack plate No, 4; A« W« Mellon, Secretary of s e r i a l number A01553577A. This counterfeit, printed on bleached genuine paper from photomechanical plates of good workmanship, i s calculated to deceive the unwary handler of currency. Both plates are about 1/8th inch shorter thsffi the genuine. On the face the scroll work and l e t t e r i n g show many defects in execution due to inferior etching and the general color tone is darker than the genuine. The Treasury Department, Secret Service Division, requests that banks and others to whom counterfeit Government obligations may be presented endeavor whsn practicable to obtain information regarding their source and history. Any information of this kind should be forwarded to the Treasury Department, Secret Service Division, Customs House, New York, IU Y. George L. Harrison, Governor.
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