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FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States Circular No. 1 5 6 5 T July 8, 1935 J SUBSCRIPTION BOOKS CLOSED On Offering of United States of America 1% Percent Treasury Notes of Series B-1939 To all Banks and Others Concerned in the Second Federal Reserve District: In accordance with instructions received today from the Treasury Department the subscription books for the offering of United States of America 1% percent Treasury Notes of Series B-1939, dated and bearing interest from July 15,1935, due December 15,1939, were closed at the close of business today, Monday, July 8, 1935. Any subscription placed in the mail before midnight Monday, July 8, 1935, as evidenced by postoffice cancellation, will be considered a timely subscription. GEORGE L. HARRISON, Governor.