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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.