4 Percent Treasury Notes of Series C-1942

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

rCircular No. 1 8 0 2 ^
December 6, 1937 J

Offering of United States of America 2V£ Percent Treasury Bonds of 1945
Dated and bearing interest from December 15, 1937
Due December 15, 1945
Interest payable June 15 and December 15
(The amount of the offering is $250,000,000, 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 A-1938,
maturing February 1, 1938, are tendered in payment and accepted.)

Offering of United States of America 1% Percent Treasury Notes of Series C-1942
Dated and bearing interest from December 15, 1937
Due December 15, 1942
Interest payable June 15 and December 15
(The amount of the offering is $200,000,000, 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 A-1938,
maturing February 1, 1938, are tendered in payment and accepted.)
To all Banking Institutions and Others Concerned in the
Second Federal Reserve District:

The following press statement was today made public:
Secretary of the Treasury Morgenthau is today offering for subscription, at par and accrued interest, through the
Federal Eeserve banks $250,000,000, or thereabouts, of 8-year 2% percent Treasury Bonds of 1945, and $200,000,000, or
thereabouts, of 5-year 1% percent Treasury Notes of Series C-1942. The holders of 2% percent Treasury Notes of Series
A-1938 maturing February 1, 1938, are offered the privilege of exchanging such maturing notes either for the Treasury
Bonds or the Treasury Notes, the exchange to be made par for par with an adjustment of accrued interest as of December
15, 1937, and to the extent such exchange privilege is availed of, the offering of bonds or of notes may be increased.
The 2% percent Treasury Bonds of 1945 now offered for cash, and in exchange for Treasury Notes maturing February
1, 1938, will be dated December 15, 1937, and will bear interest from that date at the rate of 2% percent per annum payable
semiannually. They will mature December 15, 1945, and will not be subject to call for redemption prior to maturity. In
view of the comparatively small size of the issue, and the early maturity date, no provision is made for redemption prior to
maturity.
The 1% percent Treasury Notes of Series C-1942, also offered for cash, and in exchange for Treasury Notes maturing
February 1, 1938, will be dated December 15, 1937, and will bear interest from that date at the rate of 1% percent per annum
payable semiannually. They will mature December 15, 1942, and will not be subject to call for redemption before that date.
The Treasury Bonds and the Treasury Notes will be accorded the same exemptions from taxation as are accorded
other issues of Treasury Bonds and Treasury Notes, respectively, now outstanding. These provisions are specifically set forth
in the official circulars issued today.
The Treasury Bonds will be issued in two forms, bearer bonds with interest coupons attached, and bonds registered as
to both principal and interest; both forms will be issued in the denominations of $50, $100, $500, $1,000, $5,000, $10,000
and $100,000. The Treasury Notes will be issued only in bearer form with coupons attached, in the denominations of $100,
$500, $1,000, $5,000, $10,000 and $100,000.
Subscriptions will be received at the Federal Eeserve banks and branches, and at the Treasury Department, Washington.
Banking institutions generally may submit subscriptions for account of customers, but only the Federal Eeserve banks and
the Treasury Department are authorized to act as official agencies. Cash subscriptions from banks and trust companies for
either issue for their own account will be received without deposit but will be restricted in each ease and for each offering 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 by 10 percent of the amount of bonds or notes applied for. Exchange
subscriptions for either bonds or notes should be accompanied by a like face amount of 2% percent Treasury Notes of Series
A-1938 tendered in payment.
The right is reserved to close the books as to any or all subscriptions or classes of subscriptions at any time without
notice, either for the Treasury Bonds or the Treasury Notes and with respect to the cash offering or with respect to the
exchange offering of either. Subject to the reservations set forth in the official circulars, all cash subscriptions will be
received subject to allotment and exchange subscriptions will be allotted in full.
Payment for any bonds or notes allotted on cash subscriptions must be made or completed on or before December 15,
1937, or on later allotment. Treasury Notes of Series A-1938, maturing February 1, 1938, with coupon due February 1, 1938,
attached, will be accepted at par in payment for any bonds or notes subscribed for and allotted, and accrued interest on
such notes from August 1 to December 15, 1937, ($9.701087 per $1,000) will be paid following their acceptance.
Special Treasury bills aggregating $450,000,000 mature immediately after December 15, and about $158,000,000 interest
on the public debt becomes payable on that date. 2% percent Treasury Notes of Series A-1938, maturing February 1, 1938,
in the amount of $276,679,600 are now outstanding.

The terms of these offerings are set forth, respectively, in Treasury Circulars Nos. 579 and 580, dated
December 6, 1937, copies of which are printed on the following pages. The subscription books are now open, and
applications will be received by this bank as fiscal agent of the United States. Subscriptions should be made on
>fficial subscription blanks and mailed immediately, or if filed by telegram or letter, should be confirmed immeliately by mail on the blanks provided. Such telegrams or letters should indicate whether the subscriptions are
lash subscriptions or exchange subscriptions. Where such telegraphic or letter subscription is made by a bank
he telegram or letter should contain the amounts of the subscriptions, if any, for the customers of the subscribing
mnk together with their names and addresses as provided for in the subscription blank.

GEORGE L. HARRISON,

President.

UNITED STATES OF AMERICA
2y2 P E R C E N T T R E A S U R Y B O N D S O F 1945
Dated and bearing interest from December 15, 1937

D u e December 15, 1945

Interest payable June 15 and December 15

1937

Department Circular No. 579

Public Debt service

TREASURY DEPARTMENT,
_

Office of the Secretary,
Washington, December 6, 1937.

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 2V2 percent bonds of the United States, designated Treasury Bonds of 1945.
The amount of the offering is $250,000,000, 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 A-1938, maturing February 1, 1938, are tendered in payment and accepted.
II. DESCRIPTION OF BONDS
1. The bonds will be dated December 15, 1937, and will bear interest from that date at the rate of
2J/2 percent per annum, payable semiannually on June 15 and December 15 in each year. They will
mature December 15, 1945, and will not be subject to call for redemption prior to maturity.
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 by payment of 10 percent of the amount of bonds applied for. 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, subscriptions in payment of which Treasury Notes of Series A-1938 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 December 15, 1937, 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 Eeserve bank of its district. Treasury Notes of Series A-1938, maturing February
1, 1938, with coupon dated February 1, 1938, attached, will be accepted at par in payment for any bonds
subscribed for and allotted, and accrued interest on the maturing notes from August 1, 1937, to December
15, 1937, ($9.701087 per $1,000), will be paid following acceptance of the notes. Payment through surrender of Treasury Notes of Series A-1938 should be made when the subscription is tendered.
V. GENERAL PROVISIONS
1. As fiscal agents of the United States, Federal Eeserve 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 MORGENTHAU, J R . ,
Secretary of the Treasury.

UNITED STATES OF AMERICA
1% PERCENT TREASURY NOTES OF SERIES C-1,942
Dated and bearing interest from December 15, 1937
Due December 15, 1942
Interest payable June 15 and December 15

1937

Department Circular No. 580

TREASURY D E P A R T M E N T ,
~„
, ,,
„

Office of the Secretary,
Washington, December 6, 1937.

Public Debt service
I. OFFERING OF NOTES

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 1% percent notes of the United States, designated Treasury Notes of Series
C-1942. The amount of the offering is $200,000,000, 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 A-1938, maturing February 1, 1938, are tendered in payment and accepted.
II. DESCRIPTION OF NOTES
1. The notes will be dated December 15, 1937, and will bear interest from that date at the rate of
1% percent per annum, payable semiannually on June 15 and December 15 in each year. They will mature
December 15, 1942, and will not be subject to call for redemption prior to maturity.
2. The notes shall be exempt, both as to principal and interest, from all taxation (except estate or
inheritance taxes, or gift taxes) 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.
3. The notes will be accepted at par during such time and under such rules and regulations as shall
be prescribed or approved by the Secretary of the Treasury in payment of income and profits taxes payable
at the maturity of the notes.
4. The notes will be acceptable to secure deposits of public moneys, but will not bear the circulation
privilege.
5. Bearer notes with interest coupons attached will be issued in denominations of $100, $500, $1,000,
$5,000, $10,000 and $100,000. The notes will not be issued in registered form.
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 by payment
of 10 percent of the amount of notes applied for. 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 notes 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 he 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, subscriptions in payment of which Treasury Notes of Series A-1938 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 notes allotted on cash subscriptions must be made
or completed on or before December 15, 1937, 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 notes 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 notes 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 A-1938, maturing February 1, 1938, with
coupon dated February 1, 1938, attached, will be accepted at par in payment for any notes subscribed for
and allotted, and accrued interest on the maturing notes from August 1, 1937, to December 15, 1937,
($9.701087 per $1,000), will be paid following acceptance of the notes. Payment through surrender of
Treasury Notes of Series A-1938 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 notes allotted, to make delivery of notes on full-paid subscriptions allotted, and they may
issue interim receipts pending delivery of the definitive notes.
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 MORGENTHAU, J R . ,

Secretary of the Treasury.

FEDERAL RESERVE BANK
OF NEW YORK

SEC-ATS-3.B
SECURITIES DEPARTMENT

CONTROL RECORD

Application

No.

Date

Cash subscription received
from above subscriber for $
United States of America 2V2 Percent Treasury Bonds of 1945, Dated December 15,1937, Due December 15, 1945

NR-N-B

IGINAL

NON-NEGOTIABLE RECEIPT
For United States Government Obligations as Mentioned Below
Number...
Date

Street
Town

State.

Eeceipt is hereby acknowledged of $
par amount United States of America 2% Percent Treasury Notes of Series A-1938
surrendered in payment for United States of America 2% Percent Treasury Bonds of 1945 subscribed for and allotted in full pursuant to the terms of
Treasury Department Circular No. 579, dated December 6, 1937. If such new securities issued in exchange for those surrendered are to be delivered
it the Federal Reserve Bank of New York over the counter to your representative the ' ' authority to deliver'' set forth below should be duly executed
ind returned to us.

FEDERAL RESERVE BANK OF NEW YORK

Fiscal Agent of the United States.
Date Received

Mail Sheet No

Refer to your letter dated

No.

Teller

AUTHORITY TO DELIVER
FEDERAL RESERVE BANK OP NEW YORK

Fiscal Agent of the United States.
You are hereby authorized to deliver to

DELIVERY RECEIPT
Received from the Federal Reserve Bank of New York United
States Government obligations at par in the amount stated above in
exchange for United States Government obligations surrendered in
payment as indicated in the above non-negotiable receipt.

(Name of representative)

whose signature appears below $
par amount
of United States Government obligations subscribed for and allotted
in full in exchange for United States Government obligations surrendered in payment as indicated in the above non-negotiable receipt.
Name

(Please print)

(Official signature required)

of authorized representative)
(Signature

Date.

HJPLICATE

FILE COPY OF NON-NEGOTIABLE RECEIPT
For United States Government Obligations as Mentioned Below
ssued to.

Number.

Street.
Town

Date
„

State.

Receipt is hereby acknowledged of $
par amount United States of America 2% Percent Treasury Notes of Series A-1938
urrendered in payment for United States of America 2% Percent Treasury Bonds of 1945 subscribed for and allotted in full pursuant to the terms of
treasury Department Circular No. 579, dated December 6, 1937. If such new securities issued in exchange for those surrendered are to be delivered
it the Federal Reserve Bank of New York over the counter to your representative the "authority to deliver" set forth below should be duly executed
nd returned to us.

FEDERAL RESERVE BANK OF NEW YORK

Fiscal Agent of the United States.
Date Received
Refer to your letter dated

Mail Sheet No
No..

Teller

NR-TN

IGINAL

NON-NEGOTIABLE RECEIPT
For United States Government Obligations as Mentioned Below
Number...
Street.

Date

Town

State.

Beceipt is hereby acknowledged of $
par amount United States of America 2% percent Treasury Notes of Series A-1938
urrendered in payment for United States of America 1% percent Treasury Notes of Series C-1942 subscribed for and allotted in full pursuant to the
erms of Treasury Department Circular No. 580, dated December 6, 1937. If such new securities issued in exchange for those surrendered are to be
lelivered at the Federal Eeserve Bank of New York over the counter to your representative the "authority to deliver" set forth below should be duly
accented and returned to us.

FEDERAL BESERVE BANK OF NEW YORK

Date Beeeived

Fiscal Agent of the United States.

Mail Sheet No

Befer to your letter dated

No.

Teller

AUTHORITY TO DELIVER
FEDERAL BESEEVE BANK OF NEW YORK

Fiscal Agent of the United States.
You are hereby authorized to deliver to

DELIVERY RECEIPT
Beeeived from the Federal Beserve Bank of New York United
States Government obligations at par in the amount stated above in
exchange for United States Government obligations surrendered in
payment as indicated in the above non-negotiable receipt.

(Name of representative)

http://fraser.stlouisfed.org/
(Signature of St. Louis
Federal Reserve Bankof authorized representative)

Date.

DUPLICATE

FILE COPY OF NON-NEGOTIABLE RECEIPT
For United States Government Obligations as Mentioned Below
Number.

Issued to.
Street.
Town

Date
_

State.

Eeceipt is hereby acknowledged of $
par amount United States of America 2% percent Treasury Notes of Series A-1938
mrrendered in payment for United States of America 1% percent Treasury Notes of Series C-1942 subscribed for and allotted in full pursuant to the
;erms of Treasury Department Circular No. 580, dated December 6, 1937. If such new securities issued in exchange for those surrendered are to be
lelivered at the Federal Reserve Bank of New York over the counter to your representative the "authority to deliver" set forth below should be duly
secuted and returned to us.
Fiscal Agent of the United States.
Date Received
Mail 8heet No.
Refer to your letter dated

No.

Teller

FEDERAL RESERVE BANK

SEC-ATS-I.NL

OP NEW YORK

ADVICE TO SUBSCRIBER

SECUR.T.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 1% Percent Treasury Notes, Series C-1942, Dated December 15, 1937, Due December 15, 1942
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, 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 OF NEW YORK,

Fiscal Agent of the United States.

Checked by.

FEDERAL RESERVE BANK

°FNEWYORK

SEC-ATS-2 NL
SECURm DEPARTMENT

CARD RECORD

Application No.
Date

Cash subscription received
from above subscriber for $
United States of America \% Percent Treasury Notes, Series C-1942, Dated December 15, 1937, Due December 15, 1942

FEDERAL RESERVE BANK

SEC-ATS-3.NL.

SECURmES D E P A R

CONTROL RECORD

Application No.
Date

Cash subscription received
from above subscriber for $
United States of America \% Percent Treasury Notes, Series C-1942, Dated December 15, 1937, Due December 15, 1942

™ENT

FEDERAL RESERVE BANK

SEC—ATS-l.B

OF NEW YORK

ADVICE TO SUBSCRIBER

SECURITIES 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 2Vz Percent Treasury Bonds of 1945, Dated December 15, 1937, Due December 15, 1945
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, allotment notices will bo
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
OF NEW YORK

CARD

SEC-ATS-2.B
SECURITIES DEPARTMENT

RECORD

Application No.
Date

Cash subscription received
from above subscriber for $
United States of America 2Vz Percent Treasury Bonds of 1945, Dated December 15,1937, Due December 15, 1945

Lot Number

FEDERAL RESERVE B A N K OF N E W YORK

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:
1937

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

(par value)

UNITED STATES OF AMERICA 1 % PERCENT TREASURY NOTES OF SERIES C-1942
DATED DECEMBER 15, 1937, DUE DECEMBER 15, 1942

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
issue. Should a subscriber wish to make payment by certified check on any other bank the securities can not be delivered until the
Federal Eeserve 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 pub lie 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.
(b) Securities of this issue allotted to a qualified depositary for its own account may be pledged with Federal Eeserve 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.
(e) Securities of this issue allotted to subscriber will be delivered to others under special instructions from subscriber but only when such securities are either the sole property of the subscriber or are the property of its customers who
have authorized the subscriber in writing to cause their said securities to be so delivered.
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
NA-NL

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)

1937

(par value)

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

UNITED STATES OF AMERICA 1% PERCENT TREASURY NOTES OF SERIES C-1942
DATED DECEMBER 15, 1937, DUE DECEMBER 15, 1942

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:
Issue in the following denominations the securities of this issue allotted to us. Payment for such securities will be
made or completed as indicated below.
Denominations

Pieces

$100

Par amount

Method of payment

(LEAVE BLANK)

By charge to our reserve account...

By cash

1,000

By check

500

5,000
10 000

100,000
Total

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

CERTIFICATE OF ADVICE
December 15, 1937.
I HEREBY CERTIFY that there has been deposited this day with the above bank or trust company, to the credit of
the Fede ral Reserve Bank of New York, as fiscal agent of the United States, War Loan Deposit Account, to be held
subject 1,o withdrawal on demand through the Federal Reserve Bank of New York, the
Dollars .<&....

sum of
C^~ To be executed only when subscriber is making
ment through War Loan Deposit Account.
pay

Cashier or Vice President.

Hold or dispose of the securities of this issue allotted to us in the amounts and as indicated below.
1. Hold for safekeeping (for member bank only)

2. Hold as collateral security for War Loan Deposit Account

3. Deliver to your Discount Department

4. Deliver over counter to the undersigned

5. Ship to the undersigned

6. Deliver as requested in the following special instructions

Dispose of such
payment as follows

Against
payment of

Par amount

Credit our reserve account

We hereby certify ( a ) that such securities as you are instructed to hold or to deliver, as indicated in items numbered 1 and 3
above, are the sole property of the undersigned bank or trust company; (6) that such securities as are hereby pledged, as indicated
in item numbered 2 above, are either the sole property of the undersigned bank or trust company or are the property of its customers
who have authorized the undersigned bank or trust company in writing to cause their said securities to be so pledged; and (c) that
such securities as you are instructed to deliver, as indicated in item numbered 6 above, are either the sole property of the undersigned
bank or trust company or are the property of its customers who have authorized the undersigned bank or trust company in writing to
cause their said securities to be so delivered.

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

Name.
Post Office Address.

Federal Reserve Bank of New York,

State.

Fiscal Agent of the United States.
Official signature required
DO NOT USE SPACES BELOW

Paid Stamp

Released
Taken from Vault
Counted

Amount

Delivery Receipt
Received from FEDERAL RESERVE BANK OF NEW YORK the above described
United States Government obligations allotted in the amount indicated above.

Subscriber

Checked
Delivered
NA-NL

Date

FEDERAL RESERVE B A N K OF N E W YORK

Lot Number

Application 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:
1937

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

(par value)

UNITED STATES OF AMERICA 2\b PERCENT TREASURY BONDS OF 1945
DATED DECEMBER 15, 1937, DUE DECEMBER 15, 1945
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 cheek tendered in payment by
subscriber on the date of this issue, drawn on the Federal Eeserve Bank of New York, will be immediately available on the date of this
issue. Should a subscriber wish to make payment by certified check on any other bank the securities can not be delivered until the
Federal Eeserve 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.
(b) Securities of this issue allotted to a qualified depositary for its own account may be pledged with Federal Eeserve 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.
(c) Securities of this issue allotted to subscriber will be delivered to others under special instructions from subscriber but only when such securities are either the sole property of the subscriber or are the property of its customers who
have authorized the subscriber in writing to cause their said securities to be so delivered.
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)
1937

(par value)

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

UNITED STATES OF AMERICA 2V% PERCENT TREASURY BONDS OF 1945
DATED DECEMBER 15, 1937, DUE DECEMBER 15, 1945

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:
Issue in the following denominations the securities of this issue allotted to us. Payment for such securities will be
made or completed as indicated below.
Denominations

Pieces

$50

Par amount

Method of payment

(LEAVE BLANK)

Bv charge to our reserve account. . .

By check

By cash

100

500
1,000
5,000
10,000
100.000
Total

By credit to War Loan Deposit Account as shown in
the following ' ' Certificate of Advice'':

CERTIFICATE OF ADVICE
December 15,1937.
that there has been deposited this day with the above bank or trust company, to the credit of
ral Reserve Bank of New York, as fiscal agent of the United States, War Loan Deposit Account, to be held
subject t o withdrawal on demand through the Federal Reserve Bank of New York, the
Dollars. & .
sum of
Tol >e executed only when subscriber is making
HEREBY CERTIFY

pay

ment through War Loan Deposit Account.

Cashier or Vice President.

Hold or dispose of the securities of this issue allotted to us in the amounts and as indicated below.
1. Hold for safekeeping (for member bank only)

2. Hold as collateral security for War Loan Deposit Account

3. Deliver to your Discount Department

4. Register in the names as indicated in the schedule on reverse side
5. Deliver over counter to the undersigned
6. Ship to the undersigned
7. Deliver as requested in the following special instructions

Dispose of such
payment as follows

Against
payment of

Par amount

Credit our reserve account

We hereby certify (a) that such securities as you are instructed to hold or to deliver, as indicated in items numbered 1 and 3
above, are the sole property of the undersigned bank or trust company; (6) that such securities as are hereby pledged, as indicated
in item numbered 2 above, are either the sole property of the undersigned bank or trust company or are the property of its customers
who have authorized the undersigned bank or trust company in writing to cause their said securities to be so pledged; and (c) that
such securities as you are instructed to deliver, as indicated in item numbered 7 above, are either the sole property of the undersigned
bank or trust company or are the property of its customers who have authorized the undersigned bank or trust company in writing to
cause their said securities to be so delivered.
Name.

letter of instructions must be signed
officially in the space provided here and
returned immediately to
Federal Reserve Bank of New York,

Post Office Address.

State.

Fiscal Agent of the United State*.
Official signature required
DO NOT USE SPACES

Taken from Vault
Counted

Delivery Receipt

Paid Stamp

Released

Received from FEDERAL RESEEVE BANK OF N E W YOSK the above described

Amount

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

Checked
Delivered
NA-B

By.

Date.

By.

SCHEDULE FOR ISSUE OF REGISTERED BONDS
Names and addresses must be printed or typewritten.
Indicate under appropriate denominations, number of bonds desired.
Name in which bonds shall be registered, and postofiice address for interest checks and mail.

Amount

$50

$100

$500

$1,000

$5,000

$10,000

a
X X X

$100

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 securities on December 15, 1937 "Letter of
Instructions" accompanying allotment notice must be mailed to this
bank on Saturday, December 11, 1937 in the special return envelope
enclosed herewith.
FEDERAL RESERVE BANK OF NEW YORK,

SL.4

Fiscal Agent of the United States.

Special Notice to Subscribers Located in the
Borough of Manhattan of the City of New York
If yon desire delivery of securities on December 15, 1937 "Letter of
Instructions" accompanying allotment notice must be returned to this
bank by messenger by 2 p.m., Saturday, December 11,1937.
FEDERAL RESERVE BANK OF NEW YORK,

SL.3

Fiscal Agent of the United States.

IB-NL
Lot Number

Application Number

CASH SUBSCRIPTION

BY OTHER THAN A BANKING INSTITUTION
To United States Government Obligations
Described Below
Dated at.
.1937

An application, unless made by a banking institution, must be accompanied by payment of 10 percent of the
amount applied for.
One day's interest on $1,000 on coupon payable June 15, 1938 (182 day period) is $.048076923.

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. 580, dated December 6,1937, please enter our (my)
subscription for $

(par value)

UNITED STATES OF AMERICA l3/4 PERCENT TREASURY NOTES, SERIES C-1942
DATED DECEMBER 15, 1937
DUE DECEMBER 15, 1942
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)
By check

in the manner indicated below:
By cash

•

This is a confirmation of a previous subscription.
WritcYes

Write No

Subscriber ..
(Print name)

Sign here

(Official Signature Required)

Street address
Toi

State

SPACES BELOW ABE FOB THE USE OP THE FEDEBAL BESEBVE BANK OF NEW TOBK
EXAMINED

CARDED

CLASSIFIED

LEDGER

ACKNOWLEDGED

Figured Checked Advised

Allotment

DISPOSITION

Payment
Deposit

Released

Date

——
Date

—

By Cash
By Check
Drawn on

Check No.

Received

Checked

Interest

Checked

Recorded

Window

Custody

Mail

EA-TNS

EXCHANGE SUBSCRIPTION
This Form Should Be Used When United States of America 2% Percent
Treasury Notes of Series A-1938 Maturing February 1, 1938 Are Tendered in
Payment for Treasury Notes to Be Allotted on Subscriptions

FOR UNITED STATES OF AMERICA 1% PERCENT TREASURY NOTES OF SERIES C-1942
Dated December 15,1937

Due December 15, 1942

One day's interest on $1,000 on coupon payable June 15, 1938 (182 day period) is $.048076928.
Note:
The securities of the United States which are tendered in payment should be surrendered with this exchange subscription,
except that if payment is to be made by such securities 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.
Coupons dated February 1, 1938, must be attached to the notes when surrendered, and accrued interest from August
1, 1937, to December 15, 1937, ($9.701087 per $1,000), will be paid following acceptance of the notes.
Subscriptions for which securities of the United States are tendered in payment and accepted will be allotted in full.

Dated at
FEDERAL RESERVE BANK OF NEW YORK,

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

.1937

DEAR SIRS:

Pursuant to the provisions of Treasury Department Circular No. 580, dated December 6, 1937, the undersigned hereby
tenders in payment for United States of America 1% percent Treasury Notes of Series C-1942, United States of
America 2% percent Treasury Notes of Series A-1938 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 in the denominaThe Treasury securities hereby tendered in
tions and amounts as indicated below:
payment are, as indicated below,—
Number of Pieces

Leave this Space Blank

Par Amount

Denominations

Delivered to you herewith
X

To be withdrawn by you from
our account in the

$100
500

Government Bond Department (War
Loan Deposit Account)

10,000
X

Discount Department

5,000

Safekeeping Department

1,000

$..

$—

To be delivered to you for our
account by

100,000

Total

It is requested that payment of accrued interest to December 15, 1937, on Treasury Notes of Series A-1938 surrendered,
as indicated above, be disposed of as follows:
By check to
By credit to our Reserve account •

By credit to our account with

Hold or dispose of Treasury securities allotted on this subscription in the amounts and as indicated below:
1. Hold for safekeeping (for member bank only)

2. Hold as collateral security for War Loan Deposit Account

3. Deliver to your Discount Department

4. Deliver over counter to the undersigned

5. Ship to the undersigned

6. Deliver as requested in the following special instructions

$
Dispose of such
payment as follows

Against
payment of

Par amount

Credit our reserve account
$

We hereby certify (a) that such securities as you are instructed to hold or to deliver, as indicated in items numbered 1 and 3
above, are the sole property of the undersigned bank or trust company; ( o ) that such securities as are hereby pledged, as indicated
in item numbered 2 above, are either the sole property of the undersigned bank or trust company or are the property of its customers
who have authorized the undersigned bank or trust company in writing to cause their said securities to be so pledged; and (c) that
such securities as you are instructed to deliver, as indicated in item numbered 6 above, are either the sole property of the undersigned
bank or trust company or are the property of its customers who have authorized the undersigned bank or trust company in writing to
cause their said securities to be so delivered.
Before Signing Fill in All Eequired Spaces.

TO SUBSCRIBER:

Name

Mark (X) in proper space to indicate if this is:
Original subscription

•

Confirmation of a letter

•

(Official signature required)

•

Confirmation of a telegram

(Please print)

Sign here
Street Address
Town and State

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

DELIVERY

Received

Taken from vault

Checked

Counted

Recorded

Cheeked

Acknowledged

Blotter
Delivered

FIGURED

CHECKED

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
(Please print or use typewriter)

Address

State.

Amount Subscribed

BTC-NL

Lot Number

Application Number

Cash Subscription by Banking Institution

To United States Government Obligations
Described Below
Dated at.

.1937
One day's interest on $1,000 on coupon payable June 15, 1938 (182 day period) is $.048076928.
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. 580, dated December 6,1937, please enter subscription as follows for

UNITED STATES OF AMERICA 1% PERCENT TREASURY NOTES, SERIES C-1942
DATED DECEMBER 15, 1937
DUE DECEMBER 15, 1942
•For our own account (not classified below).. $
*For our customers (classified below)

—

Total Subscription

CLASSIFICATION OF CUSTOMERS' SUBSCRIPTIONS
(For example: Class A —10 at $1,000)
(To

SUBSCRIBER: DO

not show on this form denominations of securities of this issue to be desired on allotment.)

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

CLASS B2
CLASS Bl
CLASS C
Subscriptions over $1,000 to $5,000 Inclusive Subscriptions over $5,000 to $10,000 Incl. Subscriptions over $10,000 to $50,000 Incl.
Number of
Number of
Amount
Amount
Number of 1 Amount
of Each
of Each
Subscript's
Leave Blank Subscript's
Leave Blank Subscript's 1 of Each
Leave Blank

CLASS E
CLASS F
CLASS D
Subscriptions over $50,000 to $100,000 Incl. Sub's over $100,000 to $500,000 Inclusive Sub's over S500,0(
Number of
Amount
Amount
Number of
Number of
Amount
Leave Blank Subscript's
of Each
of Each
Subscript's
of Each
Leave Blank Subscript's

Leave Blank

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

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, 10 percent of the amount
applied for; 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 further certify that our capital and surplus (not including undivided profits, reserves, etc.) is $
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

j—I

By check

r~i

By credit to War Loan Deposit Account

i—i

BV" Before signing fill in all required spaces.

Banking Institution

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

Post Office Address.

Original subscription

r~|

Confirmation of a telegram

[~
~J

Confirmation of a letter

r~j

State.
(Official signature required)

*NOTB:

Securities of this issue allotted to a qualified depositary for its own account may be paid for by credit to War Loan Deposit Account
and may also be deposited with Federal Reserve 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 consent of the owners of such securities.
SPACES BELOW ABE FOB THE USE OF THE FEDERAL RESERVE BANK
Examined

Carded

Figured

Allotment

Received

Checked

Ledger

Classified
Checked

Advised

Recorded

Acknowledged

Government Deposit

Amount

Method of Payment

Window

Disposition

Custody

Date Released

Mail

Other Departments

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
(Please print or use typewriter)

Address

State

Amount Subscribed

IBB

Application Number

CASH SUBSCRIPTION

Lot Number

BY OTHER THAN A BANKING INSTITUTION
To United States Government Obligations
Described Below
Dated at.
.1937

An application, unless made by a banking institution, must be accompanied by payment of 10 percent of the
amount applied for.
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. 579, dated December 6, 1937, please enter
our (my) subscription for $

(par value)

UNITED STATES OF AMERICA 2% PERCENT TREASURY BONDS OF 1945
DATED DECEMBER 15, 1937
DUE DECEMBER 15, 1945
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.
WriteYes

Write No

Subscriber . . .
(Print name)

Sign here . . . .

(Official Signature Required)

Street address
Town

State

SPACES BELOW ABE FOB THE USE OF THE FEDEBAL BESEBVE BANK OF NEW YOBK
EXAMINED

CARDED

Allotment

CLASSIFIED

LEDGER

DISPOSITION

ACKNOWLEDGED

Figured Checked i Advised

Released

Payment

Date

Deposit

Date

By
—

By Cash

—

By Check
Check No.

Received

Checked

Interest

Checked

Drawn on

Recorded

Window

Custody

Mail

EA-B

EXCHANGE

SUBSCRIPTION

This Form Should Be Used When United States of America 2% Percent Treasury Notes of Series A-1938 Maturing February 1, 1938 Are
Tendered in Payment for Treasury Bonds to be Allotted on Subscriptions

FOR UNITED STATES OF AMERICA 2% PERCENT TREASURY BONDS OF 1945
Dated December 15,1937

Due December 15, 1945

Note:
The securities of the United States which are tendered in payment should be surrendered with this exchange subscription,
except that if payment is to be made by such securities now held for the subscriber's account by the Federal Reserve Bank of New York
instructions must be given accordingly in the space below.
If registered securities of the series offered are desired upon issue the required necessary instructions must be given as indicated
in the spaces provided on this subscription.
Coupons dated February 1, 1938, must be attached to the notes when surrendered, and accrued interest from August 1, 1937,
to December 15, 1937 ($9.701087 per $1,000), will be paid following acceptance of the notes.
Subscriptions for which securities of the United States are tendered in payment and accepted will be allotted in full.

Dated at
FEDERAL RESERVE BANK OF NEW YORK,

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

1937

DEAR SIRS :

Pursuant to the provisions of Treasury Department Circular No. 579, dated December 6,1937, the undersigned hereby
tenders in payment for United States of America 2% percent Treasury Bonds of 1945, United States of America 2 % percent Treasury Notes of Series A-1938 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
The Treasury securities hereby tendered in
# Issue Treasury securities allotted on this subscription in the denominations and amounts as indicated below:
payment are, as indicated below,—
[indicate by X mark and use a separate fonnH
1 when coupon or registered Treasury securit i e s of this series are desired in exchange. 1

In coupon form

Denominations

Number of Pieces

In registered form

Delivered to you herewith

Leave this Space Blank

Par Amount

$50
100

To be withdrawn by you from
our account in the
Government Bond Department (War
Loan Deposit Account)

1,000

Safekeeping Department

5,000

Discount Department

500

10,000
X

To be delivered to you for our
account by

100,000
Total
It is requested that payment of accrued interest to December 15,1937, on Treasury Notes of Series A-1938 surrendered,
as indicated above, be disposed of as follows:

•
•

By check to
By credit to our Eeserve account •

By credit to our account with

Hold or dispose of Treasury securities allotted on this subscription in the amounts and as indicated below:
1. Hold for safekeeping (for member bank only)

2. Hold as collateral security for War Loan Deposit Account

3. Deliver to your Discount Department

4. Register in the names as indicated in the schedule on next page
5. Deliver over counter to the undersigned

6. Ship to the undersigned

7. Deliver as requested in the following special instructions

Against
payment of

Par amount

Dispose of such
payment as follows
Credit our reserve account

We hereby certify (a) that such securities as you are instructed to hold or to deliver, as indicated in items numbered 1 and 3
above, are the sole property of the undersigned bank or trust company; (o) that such securities as are hereby pledged, as indicated
in item numbered 2 above, are either the sole property of the undersigned bank or trust company or are the property of its customers
who have authorized the undersigned bank or trust company in writing to cause their said securities to be so pledged; and (c) that
such securities as you are instructed to deliver, as indicated in item numbered 7 above, are either the sole property of the undersigned
bank or trust company or are the property of its customers who have authorized the undersigned bank or trust company in writing to
cause their said securities to be so delivered.
X3F Before Signing Fill in All Eequired Spaces

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

•

Confirmation of a telegram
Confirmation of a letter

•
•

Name
(Please print)

Sign here
(Official signature required)

Street Address.
Town and State

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

Received

Checked
Becorded
Acknowledged ._

FIGURED

DELIVERY

BEOEEPT

_„_

Taken from vault

j<__iii

Counted

... ..

Checked
Blotter
Delivered

_...

CHECKED

SCHEDULE FOR ISSUE OF REGISTERED BONDS
B5ir> Names and addresses must be printed or typewritten.
Indicate under appropriate denominations, number of bonds desired.
Name in which bonds shall be registered, and postoffice address for interest checks and maiL

Amount

$50

$100

$500

$1,000

$5,000

$10,000

XXX

$10C

—

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
(Please print or use typewriter)

Address

State.

Amount Subscribed

BTC-B

Lot Number

Cash Subscription by Banking Institution

Application Number

To United States Government Obligations
Described Below
Dated at.
.1937
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. 579, dated December 6, 1937, please enter
subscription as follows for

UNITED STATES OF AxMERICA 2 ^ PERCENT TREASURY BONDS OF 1945
DATED DECEMBER 15, 1937
DUE DECEMBER 15, 1945
•For our own account (not classified below).. $
•For our customers (classified below)

z===::=====::^^

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
Number of
Amount
Leave Blank
Subscript's
of Each

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

CLASS Bl
Subscriptions over 51,000 to $5,000 Inclusive
Number of 1 Amount
Leave Blank
Subscript'! 1 of Each

CLASSC
Subscriptions over $10,000 to $50,000 Incl.
Number of 1 Amount
Leave Blank
Subscript's I
of Each

[ CLASS D
Subscriptions over $50,000 to $100,000 Incl.
Number of 1 Amount
1T
m i
Subscript's I
of Each
l**re Blank

CLAS8E
Sub's over $100,000 to $500,000 Inclusive
Number of j
Amount
Leave Blank
Subscript's |
of Each

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

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

•t

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, 10 percent of the amount
applied for; 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 further certify that our capital and surplus (not including undivided profits, reserves, etc.) is $
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

TO 8UBSCEIBEB:
Mark (X) in proper space
to indicate if this is:

•

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

Banking Institution

_
_

Poet Office Address...

Original subscription - - - - I
Confirmation of a telegram - - j
Confirmation of a letter - - - I
1
—'

State.
Official signature required.

•NOTK:

Securities of this issue allotted to a qualified depositary for its own account may be paid for by credit 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 Reserve Bank of New York as collateral security for such Aecount without the written consent of the owners of such securities.
SPACES BELOW ABE FOB THE USE OF TELE FEDEBAL BESE&VB BANK
Examined

Classified

Carded

Figured ! Checked

Allotment

Ledger
Advised

Acknowleged

1
Received

Cheeked

Recorded

Government Deposit

Hold
Method of Payment

Window

Disposition

Amount

Custody

Date Released

Mail

Other Departments

List of customers' applications included in the foregoing subscription
tered and certified by

Name of Customer

(Name of bank or trust company)

Amount Subscribed

Full text of Federal Reserve Bank of New York Circulars : 1802. Offering of United States of America 2 1/2 Percent Treasury Bonds of 1945, Offering of United States of America 1 3/4 Percent Treasury Notes of Series C-1942

FRASER