View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL RESERVE BANK
OF NEW YORK
Fiscal Agent of the United States

fCircular No. 1 6 9 4 T
U September 8, 1936 J

Offering of United States of America 2% Percent Treasury Bonds of 1956-59
Dated and bearing interest from September 15, 1936
Due September 15, 1959
Redeemable at the option of the United States at par and accrued interest on and after September 15, 1956
Interest payable March 15 and September IS
(The amount of the offering is $400,000,000, or thereabouts, with the right reserved to the Secretary of the Treasury to increase
the offering by an amount sufficient to accept all subscriptions for which Treasury Notes of Series D1936,
maturing September 15, 1936, are tendered in payment and accepted.)

To all Banking Institutions and Others Concerned
in the Second Federal Reserve District:

Secretary of the Treasury Morgenthau today announced an offering of 2% percent Treasury Bonds of
1956-59 for cash and in exchange for Treasury Notes of Series D-1936, maturing September 15, 1936. The
terms of this offering are set forth in Treasury Department circular No. 567 dated September 8, 1936, copy
of which is printed on the following pages.
It will be noted from Treasury circular No. 567 that cash subscriptions from banks and trust companies
for their own account will be received without deposit but will be restricted in each case to an amount not
exceeding one-half of the combined capital and surplus of the subscribing bank or trust company. Cash
subscriptions from all others must be accompanied, if for $5,000 or less by payment in full; and, if for
more than $5,000, by payment of 10 percent of the amount of bonds applied for, but not less than $5,000.
It will also be noted that Treasury Notes of Series D-1936, maturing September 15, 1936, will be accepted
at par in payment for any bonds subscribed for and allotted, and such payment should be made when the
subscription is tendered.
In his statement made public today relating to this offering, Secretary Morgenthau pointed out that
" I n order to provide an equitable allotment and distribution of the bonds among all classes of
subscribers, all banking institutions and others concerned are again urged to cooperate in the manner
outlined in Department letter of May 27, 1936, addressed to the president of each Federal Reserve
bank and made public at that time.''
A copy of the letter referred to accompanied our circular No. 1670, dated May 27, 1936.
The subscription books for this offering are now open, and applications will be received by this bank as
fiscal agent of the United States. Subscriptions should be made on official subscription blanks and mailed
immediately, or if filed by telegram or letter, should be confirmed immediately by mail on the blanks provided.
Such telegrams or letters should indicate whether the subscriptions are cash subscriptions or exchange subscriptions. Where such telegraphic or letter subscription is made by a bank the telegram or letter should
contain a complete classification of the subscriptions, if any, for the customers of the subscribing bank as
provided for in the subscription blank.




GEORGE L. HARRISON,

President.

UNITED STATES OF AMERICA
2% PERCENT TREASURY BONDS OF 1956-59
Dated and bearing interest from September 15, 1936

Due September 15, 1959

REDEEMABLE AT THE OPTION OF THE UNITED STATES AT PAR AND ACCRUED INTEREST ON AND AFTER
SEPTEMBER 15, 1956
Interest payable March 15 and September 15

1936

Department Circular No. 567

TREASURY DEPARTMENT,
O F F I C E OF T H E SECRETARY,

Public Debt servic

Washington, September 8, 1936.

I. OFFERING OF BONDS
1. The Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act,
approved September 24, 1917, as amended, invites subscriptions, at par and accrued interest, from the
people of the United States for 2% percent bonds of the United States, designated Treasury Bonds of
1956-59. The amount of the offering is $400,000,000, or thereabouts, with the right reserved to the Secretary
of the Treasury to increase the offering by an amount sufficient to accept all subscriptions for which
Treasury Notes of Series D-1936, maturing September 15, 1936, are tendered in payment and accepted.
II. DESCRIPTION OF BONDS
1. The bonds will be dated September 15, 1936, and will bear interest from that date at the rate
of 2% percent per annum, payable semiannually on March 15 and September 15 in each year until the
principal amount becomes payable. They will mature September 15, 1959, but may be redeemed at the
option of the United States on and after September 15, 1956, in whole or in part, at par and accrued
interest, on any interest day or days, on 4 months' notice of redemption given in such manner as the
Secretary of the Treasury shall prescribe. In case of partial redemption the bonds to be redeemed will be
determined by such method as may be prescribed by the Secretary of the Treasury. From the date of
redemption designated in any such notice, interest on the bonds called for redemption shall cease.
2. The bonds shall be exempt, both as to principal and interest, from all taxation now or hereafter
imposed by the United States, any State, or any of the possessions of the United States, or by any local
taxing authority, except (a) estate or inheritance taxes, or gift taxes, and (b) graduated additional
income taxes, commonly known as surtaxes, and excess-profits and war-profits taxes, now or hereafter
imposed by the United States, upon the income or profits of individuals, partnerships, associations, or
corporations. The interest on an amount of bonds authorized by the Second Liberty Bond Act, approved
September 24, 1917, as amended, the principal of which does not exceed in the aggregate $5,000, owned
by any individual, partnership, association, or corporation, shall be exempt from the taxes provided for
in clause (b) above.
3. The bonds will be acceptable to secure deposits of public moneys, but will not bear the circulation
privilege and will not be entitled to any privilege of conversion.
4. Bearer bonds with interest coupons attached, and bonds registered as to principal and interest,
will be issued in denominations of $50, $100, $500, $1,000, $5,000, $10,000 and $100,000. Provision will be
made for the interchange of bonds of different denominations and of coupon and registered bonds, and for
the transfer of registered bonds, under rules and regulations prescribed by the Secretary of the Treasury.
5. The bonds will be subject to the general regulations of the Treasury Department, now or hereafter
prescribed, governing United States bonds.




III. SUBSCRIPTION AND ALLOTMENT
1. Subscriptions will be received at the Federal Reserve banks and branches and at the Treasury
Department, Washington. Banking institutions generally may submit subscriptions for account of customers, but only the Federal Reserve banks and the Treasury Department are authorized to act as official
agencies. Others than banking institutions will not be permitted to enter subscriptions except for their own
account. Cash subscriptions from banks and trust companies for their own account will be received without deposit but will be restricted in each case to an amount not exceeding one-half of the combined capital
and surplus of the subscribing bank or trust company. Cash subscriptions from all others must be accompanied, if for $5,000 or less by payment in full; and, if for more than $5,000, by payment of 10 percent of
the amount of bonds applied for, but not less than $5,000. The Secretary of the Treasury reserves the right
to close the books as to any or all subscriptions or classes of subscriptions at any time without notice.
2. The Secretary of the Treasury reserves the right to reject any subscription, in whole or in part,
to allot less than the amount of bonds applied for, to make allotments in full upon applications for
smaller amounts and to make reduced allotments upon, or to reject, applications for larger amounts, or
to adopt any or all of said methods or such other methods of allotment and classification of allotments as
shall be deemed by him to be in the public interest; and his action in any or all of these respects shall
be final. Subject to these reservations, cash subscriptions for amounts up to and including $5,000 will be
given preferred allotment; cash subscriptions for amounts over $5,000 will be allotted on an equal
percentage basis, but not less than the maximum preferred allotment; and subscriptions in payment of
which Treasury Notes of Series D-1936 are tendered will be allotted in full. Allotment notices will be sent
out promptly upon allotment, and the basis of the allotment will be publicly announced.
IV. PAYMENT
1. Payment at par and accrued interest, if any, for bonds allotted on cash subscriptions must be made
or completed on or before September 15, 1936, or on later allotment. In every case where payment is
not so completed, the payment with application up to 10 percent of the amount of bonds applied for shall,
upon declaration made by the Secretary of the Treasury in his discretion, be forfeited to the United States.
Any qualified depositary will be permitted to make payment by credit for bonds allotted to it for itself and
its customers up to any amount for which it shall be qualified in excess of existing deposits, when so
notified by the Federal Reserve bank of its district. Treasury Notes of Series D-1936, maturing September 15,1936, will be accepted at par in payment for any bonds subscribed for and allotted, and such payment
should be made when the subscription is tendered.
V. GENERAL PROVISIONS
1. As fiscal agents of the United States, Federal Reserve banks are authorized and requested to
receive subscriptions, to make allotments on the basis and up to the amounts indicated by the Secretary
of the Treasury to the Federal Reserve banks of the respective districts, to issue allotment notices, to
receive payment for bonds allotted, to make delivery of bonds on full-paid subscriptions allotted, and they
may issue interim receipts pending delivery of the definitive bonds.
2. The Secretary of the Treasury may at any time, or from time to time, prescribe supplemental
or amendatory rules and regulations governing the offering, which will be communicated promptly to
the Federal Reserve banks.




HENRY MORGENTHATJ, J R . ,
Secretary of the Treasury.

B-B

Application Number

CASH SUBSCRIPTION

Lot Number

IB

BY OTHER THAN A BANKING INSTITUTION
To United States Government Obligations
Described Below
Dated at.
.1936

An application, unless made by a banking institution, must be accompanied, if for $5,000 or less by payment in
full; and, if for more than $5,000, by payment of 10 percent of the amount of bonds applied for, but not less than $5,000.
FEDERAL RESERVE BANK OF NEW YORK,

Fiscal Agent of the United States,
New York, N. Y.
DEAR SIRS:

Pursuant to the provisions of Treasury Department Circular No. 567, dated September 8, 1936, please enter
our (my) subscription for $

(par value)

UNITED STATES OF AMERICA 23/4 PERCENT TREASURY BONDS OF 1956-59
DATED SEPTEMBER 15, 1936
DUE SEPTEMBER 15, 1959
We (I) agree, in consideration of the receipt by you of this subscription, to make payment in full for the entire
amount which may be allotted on this subscription, at par on or before the date of issue, or at par and accrued interest
if on later allotment. If such payment is in excess of the amount deposited with this application the balance of the payment due you will be made by (name)
in the manner indicated below:
By check

•

By cash

This is a confirmation of a previous subscription.

Q

WriteYes
or
Write No

Subscriber . ..

(Print name)

Sign here . . . .

(Official Signature Required)

Street address
Town

State

SPACES BELOW ABE FOE THE USE OF THE FEDERAL RESERVE BANK OF NEW YORK
EXAMINED

CLASSIFIED

CARDED

Allotment

ACKNOWLEDGED

LEDGER

Figured i Checked Advised

Date




Released

Payment
Deposit

i

DISPOSITION

$

$ ;
By
—

;

Date

—

By Cash
—

—

—

Lot Number

Cash Subscription by Banking Institution

Application Number

c

To United States Government Obligations
Described Below
Dated at.
.1936
FEDERAL RESERVE BANK OF NEW YORK,

Fiscal Agent of the United States,
New York, N. Y.
DEAR SIRS:

Pursuant to the provisions of Treasury Department Circular No. 567, dated September 8, 1936, please enter
subscription as follows for

UNITED STATES OF AMERICA 2% PERCENT TREASURY BONDS OF 1956-59
DATED SEPTEMBER 15, 1936
DUE SEPTEMBER 15, 1959
•For our own account (not classified below).. $.
•For our customers (classified below)
Total Subscription

(To

SUBSCRIBER: DO

$_

CLASSIFICATION OF CUSTOMERS' SUBSCRIPTIONS
(For example: Class A —10 at $1,000)
not show on this form denominations of securities of this issue to be desired on allotment.)

CLASS A
Subscriptions of $1,000 and under
Amount
Number of
Leave Blank
of Each
Subscript's

CLASS B l
Subscriptions over $1,800 to $5,000 Inclusive
Number of
Amount
Leave Blank
of Each
Subscript's

CLASS B2
Subscriptions over $5,000 to $10,000 Incl.
Number of
Amount
Leave Blank
of Each
Subscript's

CLASS C
Subscriptions over $10,000 to $50,000 Inol.
Number of
Amount
Leave Blank
of Each
Subscript's

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

CLASSD
Subscriptions over $50,000 to $100,000 Incl.
Number ot i Amount
Leave Blank
Subscript's I of Each

CLASS E
Sub's over $100,000 to $500,000 Inclusive
Number of
Amount
Leave Blank
Subscript's
of Each

CLASS F
Sub's over $500,000 to $1,000,000 Inclusive
Number of I Amount
Leave Blank
Subscript's 1 of Each

CLASSG
Subscriptions of over $1,000,000
Number of
Amount
Leave Blank
of Each
Subscript's

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

st

at

We hereby certify:
that we have received applications from our customers in the amounts set opposite the customers' names on the
attached list which is made a part of this subscription; that there has been paid to us by each such customer, not
subject to withdrawal until after allotment and payment in full for securities allotted, the full amount required to
accompany his application: (a) if for $5,000 or less the amount in full, or (b) if for more than $5,000, ten percent
of the amount applied for but not less than $5,000; that each such application, to the best of our knowledge and belief,
is made in good faith for the customer's legitimate requirements; and that we have no beneficial interest therein.
We agree:
in consideration of the receipt by you of this subscription, to make payment in full for the entire amount which may
be allotted on this subscription, at par on or before the date of issue, or at par and accrued interest if on later allotment. Such payment will be made by the method indicated hereon.
By debit to our reserve account
By check

j~|

By credit to War Loan Deposit Account
Before signing fill in all required spaces.

TO SUBSCBLBEB:
Mark (X) in proper space
to indicate if thia is:

Banking Institution
Poet Office Address.

Original subscription - - •
Confirmation of a telegram •
Confirmation of a letter • •

State.

*•

Official signature required.

•NOT*:

Securities of this issue allotted to a qualified depositary for its own account may be paid for by eredit to War Loan Deposit Account
and may also be deposited with Federal Beserve Bank of New York as collateral security for such Account.
Securities of this issue allotted to a qualified depositary for account of its customers may be paid for by credit to War Loan Deposit
Account, but may not be deposited with Federal Eeserve Bank of New York as collateral security for such Account without the written content of the owners of such securities.
SPACES BELOW ABE FOB THE USE OF THE FEDEEAL BESEBVE BANK
Examined
Allotment

Received

Classified

Carded
Figured

Checked




Checked

Ledger
Adviaed

Recorded

Acknowledged

Government Deposit

Hold
Method of Payment

Window

Disposition

Amount

1

Custody

Date Released

Mail

By

Other Departments

List of customers' applications included in the foregoing subscription
entered and certified by
(Name of bank or trust company)

Pott office address

Name of Customer




Address

State.

Amount Subscribed

EA-BS

EXCHANGE SUBSCRIPTION
This Form Should Be Used When United States of America ll/2 Percent
Treasury Notes of Series D-1936 Maturing September 15, 1936 Are
Tendered in Payment for Treasury Bonds to Be Allotted on Subscriptions
FOR UNITED STATES OF AMERICA 2% PERCENT TREASURY BONDS OF 1956-59
Dated September 15, 1936
Due September 15, 1959
NOTE:
United States of America 1% percent Treasury Notes of Series D-1936, tendered in payment should be presented and surrendered with this exchange subscription, except that if payment is to be made by such notes now held for the subscriber's account
by the Federal Reserve Bank of New York instructions must be given accordingly in the space provided below.
If registered Treasury securities of this series are desired in exchange for Treasury Notes of Series D-1936 presented and surrendered the required necessary instructions must be given in spaces provided on the reverse side of this form.
Subscriptions for which Treasury Notes of Series D-1936 are tendered in payment and accepted will be allotted in full.

Dated at
.1936

FEDERAL RESERVE BANK OF NEW YORK,

Fiscal Agent of the United States,
New York, N. Y.
DEAR SIRS:

Pursuant to the provisions of Treasury Department Circular No. 567, dated September 8,1936, the undersigned tenders
herewith in payment for United States of America 2% percent Treasury Bonds of 1956-59, United States of America
iy2 percent Treasury Notes of Series D-1936 in the amount and as stated below:
For own account
$.
For our customers (for use of banking institutions) as shown on attached list $.
Total Subscription
$.
Issue Treasury securities allotted on this subscription, as indicated below:
Indicate by X mark"
and use a separate
form when coupon or
registered Treasury securities of this series
are desired in exchange.

In coupon form

Treasury Notes of Series D-1936 Tendered in Payment
Number of Pieces
X X

X

Issue in the Following Denominations Treasury Securities Allotted to Us on this Subscription

Par Amount

D enominations
X

X

X X

In registered form

Number of Pieces
X X

100

500

500

1,000

1,000

5,000

5,000

10,000

10,000
X

X X X

X

X

X X

X X

X

X X X

100.000

X X

X X

100,000

Total

——=

Leave this Space Blank

$50

$100

¥X X

Par Amount

Denominations

Total

In payment of Treasury securities allotted on this subscription you are authorized to apply $
par value
Treasury Notes of Series D-1936 now held by you for our account.
Hold or dispose of Treasury securities allotted on this subscription in the amounts and as indicated below:
We hereby certify that such securities as you
are instructed, as indicated below, to hold for safekeeping or to deliver to your Discount Department
are the sole property of the below-named bank or
trust company.

Hold for safekeeping (for members only)

Deliver over counter
Ship definitive securities to us

$

Deliver to your Discount Department

t

Register the securities as indicated in schedule on
reverse side of this subscription and after registry
deliver or ship as indicated above

We hereby certify that such securities as are
hereby pledged to secure the War Loan Deposit
Account, as indicated below, are either the sole
property of the below-named bank or trust company or are the property of its customers who
have consented in writing to such pledge.

Special instructions:

Hold as collateral security for War Loan Deposit
Account

Before Signing Fill in All Required Spaces

Name

TO SUBSCRIBER:
Mark (X) in proper space to indicate if this is:

(Please print)

Sign here

Original subscription

•

Confirmation of a telegram

•

Confirmation of a letter

•

(Official signature required)

Street Address
Town and State.

Spaces below are for the use of the Federal Reserve Bank of New York
EECEIPT

DELJVEET

Taken from vault

'RflrrpivprJ

Chwkfid

r

..,_.,..

Counted

Becorded

Checked

Acknowledged

Blotter
Delivered




FlGUEED

CHECKED

SCHEDULE FOR ISSUE OF REGISTERED BONDS
NOTE •"*"

Names and Addresses must be printed or typewritten.
Indicate Under Appropriate Denominations, Number u* Bonds Desired.

Name In Which Bonds Shall Bt Registered, end Port-




Amount

$50

$100

$500

$1,000

$5,000

$10,000

X X X

$100

—

List of customers' applications included in the foregoing subscription
entered and certified by
(Name of bank or trust company)

Post office address

Name of Customer




Address

State.

Amount Subscribed

FEDERAL RESERVE B A N K OF N E W YORK

Lot Number

Fiscal Agent of the United States

NOTICE OF ALLOTMENT
On Cash Subscription to United States Government Obligations
Applied for by Subscriber as Described Below
To Subscriber:
1936

(par value)

Referring to your subscription, numbered as above indicated, for $

UNITED STATES OF AMERICA 2% PERCENT TREASURY BONDS OF 1956-59
DATED SEPTEMBER 15, 1936, DUE SEPTEMBER 15, 1959

for which you have applied under the provisions of the Treasury Department's circular containing the offering of such
securities for subscription, you have been allotted by the Secretary of the Treasury
$

of the amount applied for.

IMPORTANT INFORMATION FOR SUBSCRIBER
1. To expedite delivery of the securities of this issue allotted to subscriber and to facilitate prompt completion of
this transaction, please observe the following directions, and fill in, sign, and return immediately the attached letter of
instructions to the Federal Reserve Bank of New York, Fiscal Agent of the United States, New York, N. Y.
Payment by Check, Cash, Charge or Credit
2. On or before the date of this issue payment must be made or completed at par, or at par and accrued interest if
payment is to be made after the date of this issue, for the securities allotted to subscriber as stated above, and payment
therefor may be made by check, cash, charge, or credit, as follows:
By Check —A check tendered in payment should be made payable to the order of the FEDERAL RESERVE BANK OF NEW YORK,
FISCAL AGENT OF THE UNITED STATES, and the proceeds thereof must be immediately available on the date that payment is due,
but such check need not necessarily accompany the attached letter of instructions. The proceeds of a check tendered in payment by
subscriber on the date of this issue, drawn on the Federal Reserve Bank of New York, will be immediately available on the date of this
^ " liiijUu.—Should a subscriber wiyli L make payment, hy tertlfleJ eieck ou any other~ bank the aucuritltd v.^xi uot be delivered until tlie~
u
Federal Reserve Bank of New York, Fiscal Agent of the United States, receives the proceeds of such check, and, therefore, such subscriber

should tender such certified check at least 2 days prior to the date payment is due if he wishes delivery of the securities on the
date of this issue.
By Cash—Payment may be made in cash.
By Charge—A member bank may make payment by requesting us to charge its reserve account, or a nonmember clearing bank may make
payment by requesting us to charge its clearing account.
By Credit—(a) If subscriber is a depositary of public moneys qualified under the provisions of Treasury Department Circular No. 92, dated
February 23, 1932, as amended, with respect to special deposits of public moneys under the Act of Congress approved September 24, 1917,
as amended, subscriber will be permitted to make payment by credit in the War Loan Deposit Account for securities of this issue allotted
to it for itself and its customers up to any amount for which it shall be qualified in excess of existing deposits. Securities of this issue
allotted to subscriber, for which such payment by credit is made, will be held by the Federal Reserve Bank of New York as fiscal agent
of the United States as collateral security for deposits in the War Loan Deposit Account until other acceptable securities are pledged or
substituted by subscriber as required by this bank.
(b) Securities of this issue allotted to a qualified depositary for its own account may be pledged with Federal Reserve Bank of New York
as collateral security for deposits in the War Loan Deposit Account. Securities of this issue allotted to a qualified depositary for account of
its customers may not be pledged as such collateral security without the written consent of the owners of such securities.

Delivery
3. (a) Delivery of the securities of this issue allotted on cash subscriptions will not be made at the Federal Reserve
Bank of New York at its head office in New York, N. Y., before the issue date.
(b) Securities of this issue allotted to subscriber will be delivered over the counter to a representative of the
subscriber only when a letter of authority signed officially by the subscriber identifying such representative is presented
by him.
Further Instructions
4. (a) Securities of this issue will be held for safekeeping by, or delivered to the Discount Department of, the Federal
Reserve Bank of New York for the account of member banks only, provided such securities are the sole property of the
member bank.
(b) It is requested that all blank spaces be typed in where necessary on the attached letter of instructions to this
bank and that such letter be signed officially and returned to this bank without delay.
FEDERAL RESERVE BANK OF NEW YORK.

Fiscal Agent of the United States

Checked by.
NAB




Application Number

Lot Number

LETTER OF INSTRUCTIONS
To FEDERAL RESERVE BANK OF NEW YORK,

Fiscal Agent of the United States,
New York, N. Y.
From (Name and address of Subscriber)
1936

Referring to our subscription, numbered as above indicated, for $

(par value)

UNITED STATES OF AMERICA 2% PERCENT TREASURY BONDS OF 1956-59
DATED SEPTEMBER 15, 1936, DUE SEPTEMBER 15, 1959

for which we applied under the provisions of the Treasury Department's circular containing the offering of such
securities for subscription, we have received your notice of allotment stating that we have been allotted by the Secretary
of the Treasury
$
of the amount applied for.
As requested we are sending you the following instructions:
Payment for the securities of this issue allotted to us will be made or completed as indicated below.
By charge to our reserve account

$

By check

$

By cash

$

By credit to War Loan Deposit Account as shown in the following "Certificate of Advice":
CERTIFICATE OF ADVICE

September 15

I HEREBY CERTIFY that there has been deposited this day with the above bank or trust company, to the credit of the
Federal Reserve Bank of New York, as fiscal agent of the United States, War Loan Deposit Account, to be held
subject to withdrawal on demand through the Federal Reserve Bank of New York, the
sum of.

Dollars, $

To be executed only when subscriber is making
payment TfirouglT War Loan Deposit Account.
ISSUE I N THE FOLLOWING
DENOMINATIONS THE SECURITIES OP
T H I S ISSUE ALLOTTED TO U S
Pieces

Denominations

Cashier or

HOLD OR DISPOSE OF SUCH SECURITIES IN THE
AMOUNTS AND AS INDICATED BELOW

(LEAVE BLANK)
Numbers

P a r Amount

Vice-President.

Deliver over counter
$—
Ship definitive securities to us
We hereby certify that such securities as yon
are instructed, as indicated below, to hold for safekeeping or to deliver to your Discount Department
are the sole property of the below-named bank or
trust company.

$50
100
500

Hold for safekeeping (for members only)
Deliver to your Discount Department

1,000

We hereby certify that such securities as are
hereby pledged to secure the War Loan Deposit
Account, as indicated below, are either the sole
property of the below-named bank or trust company or are the property of its customers who
have consented in writing to such pledge.

5,000
10,000

Hold as collateral security for War Loan Deposit
Account
Register the securities as indicated in schedule on
reverse side of this letter and after registry
deliver or ship as indicated above

100,000
Total
DELIVER SECURITIES OF THIS ISSUE
ALLOTTED TO U S TO BELOW-NAMED

Par Amount

Against
Payment of

DISPOSE OF SUCH PAYMENT AS FOLLOWS

Credit Our .Reserve Account

Name.

This letter of instructions must be signed
officially in the space provided here and
returned immediately to

Post Office Address.
State.

Federal Reserve Bank of New York,
Fiscal Agent of the United States.
DO NOT USE SPACES BELOW

Paid Stamp

Taken from Vault

Delivered
NA-B



Delivery Eeceipt
Received from FEDERAL EESERVE BANK OF NEW YORK the above described

Counted
Checked
Blotter

Official signature required

Amount

United States Government obligations allotted in the amount indicated above.
Subscriber.

By

Date.

By.

SCHEDULE FOR ISSUE OF REGISTERED BONDS
NOTE " "

Names and Addresses must be printed or typewritten.
Indicate Under Appropriate Denominations, N u m b e r of B o n d s Desired.

N a m e I n Which Bonds Shall B e Registered, a n d PostOffice Address For Interest Checks a n d Mail.




Amount

$50

$100

$500

$1,000

$5,000

$10,000

X X X

$1<K

—

—

Special Notice to Subscribers in the
Second Federal Reserve District Located Outside
the Borough of Manhattan of the City of New York
If you desire delivery of bonds on September 15, 1936 "Letter of
Instructions" accompanying allotment notice must be mailed to this
bank on Saturday, September 12, 1936 in the special return envelope
enclosed herewith.
FEDERAL RESERVE BANK OF NEW YORK,

Fiscal Agent of the United States.

Special Notice to Subscribers in the
Second Federal Reserve District Located Outside
the Borough of Manhattan of the City of New York
We plan to mail allotment notices to subscribers on Friday, September 11, 1936. If you desire delivery of bonds on September 15,1936
"Letter of Instructions" accompanying allotment notice must be mailed
to this bank on Saturday, September 12, 1936 in the special return
envelope which will be enclosed with our allotment notice.
FEDERAL RESERVE BANK OF NEW YORK,

Fiscal Agent of the United States.

al Notice to Subscribers Located in the
Borough of Manhattan of the City of New York
If you desire delivery of bonds on September 15, 1936 "Letter of
Instructions" accompanying allotment notice must be returned to
this bank by messenger by 3:30 p.m., Saturday, September 12, 1936.
FEDERAL RESERVE BANK OF NEW YORK,

Fiscal Agent of the United States.

Special Notice to Subscribers Located in the
Borough of Manhattan of the City of New York
We plan to mail allotment notices to subscribers on Friday, September 11, 1936. If you desire delivery of bonds on September 15,1936
"Letter of Instructions" accompanying allotment notice must be
returned to this bankfeymessenger by 3:30 p.m., Saturday, September
12, 1936.
FEDERAL RESERVE BANK OF N E W YORK,




Fiscal Agent of the United States.

)RIGINAL

NR-BS

NON-NEGOTIABLE RECEIPT
Number.

saued to

Date..

Street
Town

State.

Receipt is hereby acknowledged of $
par amount United States of America 1% Percent Treasury Notes of Series D-1936 in
xchange for United States of America 2% Percent Treasury Bonds of 1956-59 allotted in full pursuant to the terms of Treasury Department Circular
Jo. 567, dated September 8, 1936.
FEDERAL RESERVE BANK OT N E W YORK

Fiscal Agent of the United
Date received

States.

Mail Sheet No...

Refer to your letter dated

No.

Teller

Notice: If the new securities are to be delivered at the Federal Reserve
Bank of New York over the counter to your representative the
following authority should be executed.

DELIVERY RECEIPT

You are hereby authorized to deliver to
Received from the FEDERAL RESERVE BANK OF N E W YORK
(Name of Representative)

securities of the above par value in exchange for those surrendered.

whose signature appears below $
par amount
of securities issued in exchange for those above described.
Name.
(Please Print)

By.
(Official Signature Required)


(Signature of Authorized Representative)


Date.

DUPLICATE

FILE COPY
Issued to

Number.

Street

_

Town

Date.
State

Eeceipt is hereby acknowledged of $
par amount United States of America 1% Percent Treasury Notes of Series D-1936 in
jxehange for United States of America 2% Percent Treasury Bonds of 1956-59 allotted in full pursuant to the terms of Treasury Department Circular
So. 567, dated September 8, 1936.
FEDERAL RESERVE BANK OF NEW YOKE

Date received
Refer to your letter dated




_

Fiscal Agent of the United States.

Mail Sheet No.....
No

Teller

FEDERAL RESERVE BANK

SEC-ATS-I.B

OF NEW YORK

ADVICE

TO

SUBSCRIBER

SECURIT.ES DEPARTMENT

Acknowledging Receipt of Cash Subscription
For United States Government Obligations Mentioned Below
To

Application No.
Date

Your cash subscription for $
United States of America 2% Percent Treasury Bonds of 1956-59, Dated September 15, 1936, Due September 15, 1959
has been received by this bank, as fiscal agent of the United States, and, pursuant to the provisions of the Treasury
Department's circular offering the above-mentioned obligations of the United States for subscription, allotment
notices will be sent out promptly upon allotment and allotments will be made on the basis and up to the amounts
indicated by the Secretary of the Treasury to this bank.
FEDERAL RESERVE BANK OP NEW YORK,

Fiscal Agent of the United States.

Checked by.




FEDERAL RESERVE BANK
OP NEW YORK

To

CARD

SEC-ATS—2.B
SECURITIES DEPARTMENT

RECORD

Application No.
Date

Cash subscription received
from above subscriber for $
United States of America 2% Percent Treasury Bonds of 1956-59, Dated September 15, 1936, Due September 15, 1959




FEDERAL RESERVE BANK
OF NEW YORK

8EC-ATS-3.B
SECURITIES DEPARTMENT

CONTROL RECORD

Application No.

To

Date

Cash subscription received
from above subscriber for $
United States of America 2% Percent Treasury Bonds of 1956-59, Dated September 15, 1936, Due September 15, 1959







FEDERAL RESERVE BANK OF NEW YORK
GOVERNMENT BOND DEPARTMENT

FEDERAL RESERVE P. O. STATION
NEW YORK, N. Y.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102