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FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States Circular No. 1853 June 6, 1938 SUBSCRIPTION BOOKS TO CLOSE JUNE 8, 1938 On Offering of United States of America 2 % Percent Treasury Bonds of 1958-63 On Offering of United States of America 1% Percent Treasury Notes of Series A-1943 To all Banking Institutions and Others Concerned in the Second Federal Reserve District: In accordance with instructions received today from Secretary of the Treasury Morgenthau the subscription books for the offering of United States of America 2% percent Treasury Bonds of 1958-63, dated and bearing interest from June 15, 1938, due June 15, 1963, and the subscription books for the offering of United States of America 1% percent Treasury Notes of Series A-1943, dated and bearing interest from June 15, 1938, due June 15, 1943, in payment of both of which only Treasury Notes of Series B-1938, maturing June 15, 1938, or Treasury Notes of Series D-1938, maturing September 15, 1938, may be tendered, will close at the close of business, Wednesday, June 8, 1938. Any subscription addressed to a Federal Eeserve bank or branch and placed in the mail before midnight, Wednesday, June 8, 1938, as evidenced by postoffice cancellation, will be considered a timely subscription. GrEORGE L . HAEEISOX, President.