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FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States r Circular No. 1 4 8 5 ~l L December 5, 1934 J SUBSCRIPTION BOOKS TO CLOSE DECEMBER 6, 1934 On Exchange Offering of United States of America 2% Percent Treasury Notes of Series A-1939 Additional Issue On Exchange Offering of United States of America 1% Percent Treasury Notes of Series E-1936 To all Banks and Trust Companies in the Second Federal Reserve District and Others Concerned: In accordance with instructions received today from the Treasury Department the subscription books for the offering of United States of America 2% percent Treasury notes of Series A-1939, additional issue, dated June 15, 1934, with interest from December 15, 1934, due June 15, 1939, in payment of which only Treasury certificates of indebtedness of Series TD-1934, maturing December 15, 1934, may be tendered, will be closed at the close of business, Thursday, December 6, 1934. The subscription books for the offering of United States of America 1% percent Treasury notes of Series E-1936, dated and bearing interest from December 15, 1934, due June 15, 1936, which were closed at the close of business December 3, 1934 for the receipt of cash subscriptions, but are still open for the receipt of exchange subscriptions for which Treasury certificates of indebtedness of Series TD-1934, maturing December 15,1934, are tendered in payment, will also be closed at the close of business, Thursday, December 6, 1934. Any such exchange subscriptions for either issue mailed before midnight Thursday, December 6, 1934, as shown by postoffice cancellation, will be considered as having been entered before the close of the subscription books. GEORGE L. HARRISON, Governor.