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FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States -Circular No. 1585"1 . September 3, 1935 J Cash Subscription Books Closed On Offering of United States of America l1/^ Percent Treasury Notes of Series C-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 C-1939, dated and bearing interest from September 16, 1935, due March 15, 1939, were closed at the close of business today, Tuesday, September 3, 1935, for the receipt of cash subscriptions. Any cash subscription placed in the mail before midnight, Tuesday, September 3, 1935, as evidenced by postoffice cancellation, will be considered a timely subscription. The books will remain open until further notice for the receipt of exchange subscriptions for United States of America 1% percent Treasury notes of Series C-1939 in payment of which Fourth-called Fourth Liberty Loan bonds may be tendered, and will also remain open until further notice for the receipt of exchange subscriptions for United States of America 2% percent Treasury bonds of 1945-47 offered only in exchange for Fourth-called Fourth Liberty Loan bonds. G-EOKGE L. HARBISON, Governor.