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

Circular No. 1899
December 5, 1938

New Offerings of United States Government Obligations

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

Secretary of the Treasury Morgenthau today announced the December 15 financing, offering for cash subscription, through the Federal Reserve banks, at par and
accrued interest, $400,000,000, or thereabouts, of 22-27 year 2% percent Treasury
Bonds of 1960-65, and $300,000,000, or thereabouts, of 5-year lVs percent Treasury
Notes of Series B-1943, and at the same time, offering the holders of 1% percent
Treasury Notes of Series C-1939 maturing March 15, 1939, the privilege of exchanging such maturing notes for additional amounts of either the Treasury bonds or the
Treasury notes offered for cash subscription, or for a new series of 9-year 2 percent
Treasury Bonds of 1947, the exchange in any case to be made par for par, with an
adjustment of accrued interest as of December 15, 1938. In his announcement the
Secretary of the Treasury called attention to the fact that Treasury Notes of Series
C-1939, maturing March 15, 1939, are now outstanding in the amount of $941,613,750,
and that the present exchange offering will be the only opportunity afforded the
holders of these maturing notes to exchange them for other interest-bearing obligations of the United States. The terms of these offerings are set forth in Treasury
circulars Nos. 598, 599 and 600, 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 official
subscription blanks and mailed immediately. If filed by telegram or letter, subscriptions should be confirmed immediately by mail on the blanks provided. Where such
telegraphic or letter subscription is made by a bank the telegram or letter should
contain the amounts of the subscriptions, if any, for the customers of the subscribing
bank together with their names and addresses as provided for in the subscription
blank.




GEOEGE L. HARRISON,

President.

UNITED STATES OF AMERICA
23/4 PERCENT TREASURY BONDS OF 1960-65
D a t e d a n d bearing interest from December 15, 1938

D u e December 15, 1965

REDEEMABLE AT T H E OPTION OF T H E UNITED STATES AT PAR AND ACCRUED INTEREST
ON AND AFTER DECEMBER 15, 1960
I n t e r e s t payable J u n e 15 and December 15

1938

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

Department Circular No. 598
Public Debt Service

Office of the Secretary,
Washington, December 5, 1938.

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
1960-65. 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 C-1939, maturing March 15, 1939, are tendered in payment and accepted.
II. DESCRIPTION OF BONDS
1. The bonds will be dated December 15, 1938, and will bear interest from that date at the rate of
2% percent per annum, payable semiannually on June 15 and December 15 in each year until the principal
amount becomes payable. They will mature December 15, 1965, but may be redeemed at the option of the
United States on and after December 15,1960, 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 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 C-1939 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, 1938, 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 C-1939, maturing March 15, 1939, with
coupon dated March 15, 1939, attached, will be accepted at par in payment for any bonds subscribed for and
allotted, and should accompany the subscription. Accrued interest from September 15, 1938, to December
15,1938, on the maturing notes ($3.770718 per $1,000) will be paid following acceptance of the notes.
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.




H E N R Y MORGENTHATJ, J R . ,
Secretary of the Treasury.

UNITED STATES OF AMERICA
2 PERCENT TREASURY BONDS OF 1947
Dated and bearing interest from December 15, 1938

Due December 15, 1947

Interest payable June 15 and December 15

1938

TREASURY DEPARTMENT,

Department Circular No. 599

Office of the Secretary,
Public Debt Service

Washington, December 5,1938.
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, from the people of the United States
for 2 percent bonds of the United States, designated Treasury Bonds of 1947, in payment of which only
Treasury Notes of Series C-1939, maturing March 15, 1939, may be tendered. The amount of the offering
under this circular will be limited to the amount of Treasury Notes of Series C-1939 tendered and accepted.

II. DESCRIPTION OF BONDS
1. The bonds will be dated December 15, 1938, and will bear interest from that date at the rate of
2 percent per annum, payable semiannually on June 15 and December 15 in each year until the principal
amount becomes payable. They will mature December 15,1947, 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. 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, all subscriptions will be allotted in full. Allotment notices will be sent out promptly upon
allotment.
IV. PAYMENT
1. Payment at par for bonds allotted hereunder must be made or completed on or before December
15, 1938, or on later allotment, and may be made only in Treasury Notes of Series C-1939, maturing March
15, 1939, which will be accepted at par, and should accompany the subscription. Coupons dated March 15,
1939, must be attached to the notes when surrendered, and accrued interest from September 15, 1938, to
December 15, 1938, ($3.770718 per $1,000), will be paid following acceptance of the notes.

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.




H E N R Y MORGENTHATT, J R . ,
Secretary of the Treasury.

UNITED STATES OF AMERICA
1% PERCENT TREASURY NOTES OF SERIES B-1943
Dated and bearing interest from December 15, 1938
Interest payable June 15 and December 15

Department Circular No. 600

Due December 15, 1943

TREASURY DEPARTMENT,

Office of the Secretary,
Washington, December 5, 1938.

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
B-1943. The amount of the offering is $300,000,000, 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 C-1939, maturing March 15, 1939, are tendered in payment and accepted.
II. DESCRIPTION OF NOTES
1. The notes will be dated December 15, 1938, and will bear interest from that date at the rate of
lYs percent per annum, payable semiannually on June 15 and December 15 in each year until the principal
amount becomes payable. They will mature December 15, 1943, 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 Eeserve 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 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 C-1939 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, 1938, 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 C-1939, maturing March 15, 1939, with
coupon dated March 15, 1939, attached, will be accepted at par in payment for any notes subscribed for
and allotted, and should accompany the subscription. Accrued interest from September 15, 1938, to December 15, 1938, on the maturing notes ($3.770718 per $1,000) will be paid following acceptance of the notes.
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 MORGENTHATJ, JR.,
Secretary of the Treasury.

BTC-B-L,

Lot Number

Application Number

Cash Subscription by Banking Institution
To United States Government Obligations
Described Below
Dated at.

.1938
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. 598, dated December 5, 1938, please enter
subscription as follows for

UNITED STATES OF AMERICA 23/4 PERCENT TREASURY BONDS OF 1960-65
DATED DECEMBER 15, 1938
DUE DECEMBER 15, 1965
*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 Bl
CLASS B2
CLASS C
CLASS A
Subscriptions of $1,000 and imder
Subscriptions over SI.000 to.So,000 Inclusive1; Subscriptions over So,000 to 810,000 Incl. Subscriptions over £ 10,000 to ?50,000 Incl.
Number ofl
Amount
Nuniber of
Nuniber of!
Amount
Amount
1
„. ,
Number oil
Amount
Leave Blank Subscript's
Leave Blank Subscript's 1
Leave Blank Subscript's |
of Each
1 TLeave Blankof Each
of Each
Subscript's |
of Each
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at

at

at

at

at

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at

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at

at

at

at

at

a;

at

at

at

at

at

at

at

at

at

at

at

CLASS E
CLASS F
CLASS G
CLASS D
Subscriptions of ever $1,000,000
Subscriptions over S50.000 to SIOO.OOO Incl. Sub's over ¥100,000 to $500,000 Inclusive Sub's over ,¥500,000 to $1,000,000 Inclusive
Number ofl
Amount
Number of
Number ofl
Amount
Number of
Amount
Amount
Leave Blank Subscript's |
Leave Blank Subscript's
Leave Blank
Leave Blank Subscript's |
of Each
of Each
of Each
of Each
Subscript's

•

at

at

at

at

at

at

at

at

at

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i
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

-

-

r~j

By check

-

-

r~j

. . . . . . .

TO SUBSCRIBER:
Mark (X) in proper space
to indicate if this i s :
Original subscription
Confirmation of a telegram
Confirmation of a letter

By credit to War Loan Deposit Account

r~]

p f B e f ore signing fill in all required spaces.

Banking Institution
Post Office Address
r~|
rn
r~|

State.
(Official signature required)

*NOTE:

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 Eeserve 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 ARE FOR THE USE OF THE FEDERAL RESERVE BANK
Examined

Carded

Allotment

Received

Classified

Figured

Checked




Ledger

(. becked

Advised

Recorded

Acknowledged

Government Deposit

Hold
Method of Payment

Window

Disposition

Amount

Custody

Date Released

Mail

i

By

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

BTC-N

Lot Number

Application Number

Cash Subscription by Banking Institution
To United States Government Obligations
Described Below
Dated at.

.1938
One day's interest on $1,000 on coupon payable June 15, 1939 (182 day period) is $.030906593.
FEDERAL EESERVE 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. 600, dated December 5,1938, please enter subscription as follows for

UNITED STATES OF AMERICA 1% PERCENT TREASURY NOTES, SERIES B-1943
DATED DECEMBER 15, 1938
DUE DECEMBER 15, 1943
*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 81,000 and under
Amount
Nu.'uber of
Leave Blank
of Each
Subscript's

CLASS Bl
CLASS B2
CLASS C
Subscriptions over SI,000 to 85,000 Inclusive Subscriptions over £5,000 to J10.000 Incl. Subscnj tions over $10,000 to £50,000 Incl.
Number of 1 Amount
Number of I Amount
Number
of
Amount
Leave Blank Subscript's |
Leave Blank Subscript's
Leave Blank
of Each
Subscript's |
of Bach
of Each

at

at

at

at

at

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at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

at

1
CLASS E
CLASS F
CLASS G
CLASS D
Subscriptions of over $1,000,000
Subscriptions over $50,000 to $100,000 Incl. Sub's over $100,000 to 8500,000 Inclusive Sub's over §500,000 to §1,000,000 Inclusive
Number of 1 Amount
Number oil
Amount
Number of
Number of
Amount
Amount
Leave Blank Subscript's |
Leave Blank Subscript's |
Leave Blank Subscript's
Leave Blank
of Each
of Each
of Each
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

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
pj
By credit to War Loan Deposit Account
r—i
By check

- - - - - - - . -

r-j

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

SW*Bef ore signing fill in all required space*.

Banking Institution
Post Office Address.

Original subscription
Confirmation of a telegram
Confirmation of a letter

State.

D

•
•

(Official signature required)

•NOTI:

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 Eeserve 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 AEE FOE THIS USE OF THE FEDEEAL EESEEVE BANK
i,xanuned

Carded

,_ «».

Figured

Allotment

Received

Classified

Checked




Ledger

Checked

Advised

Recorded

Acknowledged

Government Deposit

Hold
Method of Payment

Window

Disposition

Amount

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)

Post office address

Name of Customer
{Please print or use typewriter)




Address

State.

Amount Subscribed

IB-B-L

Application Number

CASH SUBSCRIPTION

Lot Number

IB

BY OTHER THAN A BANKING INSTITUTION
To United States Government Obligations
Described Below
Dated at
.1938

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. 598, dated December 5, 1938, please enter
our (my) subscription for $

(par value)

UNITED STATES OF AMERICA 23^ PERCENT TREASURY BONDS OF 1960-65
DATED DECEMBER 15, 1938
DUE DECEMBER 15, 1965
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..
Write Yes

Write No

Subscriber .

(Print Name)

S i g n here . . . .
(Official Signature Required)
Street address

Town

State

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

CARDED

CLASSIFIED

ACKNOWLEDGED

LEDGER

Figured Checked Advised

Allotment

Payment

Released

Date

8

Deposit
Date

DISPOSITION

By

By Cash
—
By Check
Check No.

Received

Checked




Interest

Checked

Drawn on

Recorded

Window

Custody

Mail

IB-N

Lot Number

Application Number

CASH SUBSCRIPTION

IB

BY OTHER THAN A BANKING INSTITUTION
To United States Government Obligations
Described Below
Dated at
.1938

An application, unless made by a banking institution, must be accompanied by payment of 10 percent of the
amount applied for.
One day'8 interest on $1,000 on coupon payable June 15, 1989 (182 day period) is $.030906593.
FEDERAL RESERVE BANK OP NEW YORK,

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

Pursuant to the provisions of Treasury Department Circular No. 600, dated December 5,1938, please enter our (my)
subscription for $

(par value)

UNITED STATES OF AMERICA i y 8 PERCENT TREASURY NOTES, SERIES B-1943
DATED DECEMBER 15, 1938
DUE DECEMBER 15, 1943
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..
Write Yes

Write No
Subscriber .

(Print Name)

Sign here . . . .

(Official Signature Required)

Street address
Town

State

SPACES BELOW ABE FOR THE USE OF THE FEDEEAL RESERVE BANK OF NEW YORK
EXAMINED

CARDED

CLASSIFIED

LEDGER

ACKNOWLEDGED

Figured Checked Advised

Allotment

DISPOSITION

Payment

f

Deposit
Date

Date

Released
$

By

By Cash
By Check
Check No.

Received

Checked




Interest

Checked

Drawn on

Recorded

Window

Custody

Mail

EA-B-S

EXCHANGE

SUBSCRIPTION

This Form Should Be Used When United States of America 1% Percent Treasury Notes of Series C-1939 Maturing March 15, 1939 Are
Tendered in Payment for Treasury Bonds to be Allotted on Subscriptions

FOR UNITED STATES OF AMERICA 2 PERCENT TREASURY BONDS OF 1947
Dated December 15,1938

Due December 15, 1947

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 March 15, 1939, must be attached to the notes when surrendered, and accrued interest from September 15, 1938,
to December 15, 1938 ($3.770718 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 EESERVE BANK OF NEW YORK,

.1938

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

Pursuant to the provisions of Treasury Department Circular No. 599, dated December 5, 1938, the undersigned hereby
tenders in payment for United States of America 2 percent Treasury Bonds of 1947, United States of America iy2 percent
Treasury Notes of Series C-1939 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 denominapayment are, as indicated below,—
tions and amounts as indicated below:
Flndicate by X mark and use a separate form |
when coupon or registered Treasury securi1 ties of this series are desired in exchange.^]

In coupon form

Number of Pieces

Delivered to you herewith

Leave this Space Blank

Par Amount

Denominations

In registered form

$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

X

X

X

X

X

X

X

X

To be delivered to you for our
account by

X

100,000

$

Total
It is requested that payment of accrued interest to December 15, 1938, on Treasury Notes of Series C-1939 surrendered,
as indicated above, be disposed of as follows:
By cheek to

[

By credit to our Reserve account Q

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
TO

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.
igg^3 Before Signing Fill in All Bequired 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
DELIVERY

EECEIPT

Taken from vault

Received
Checked

,

Counted

Eecorded

Checked

Acknowledged

Blotter

Delivered



FIGURED

CHECKED

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, end postoffice address for interest checks and mail.




Amount

$50

?100

$500

$1,000

$5,000

$10,000

XXX

$1C

List of customers' applications included in the foregoing subscription
entered and certified by
(M«ue ol l/auk or truat furtuyt^aj)

l'o»t oflice sddrca*

Name ofCustomer
(Please print or use typewriter)




Acfdress

State.

Amount Subscribed

EA- B-L

EXCHANGE SUBSCRIPTION
This Form Should Be Used When United States of America ll/2 Percent Treasury Notes of Series C-1939 Maturing March 15, 1939 Are
Tendered in Payment for Treasury Bonds to be Allotted on Subscriptions

FOR UNITED STATES OF AMERICA 2% PERCENT TREASURY BONDS OF 1960-65
Dated December 15,1938

Due December 15, 1965

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 March 15, 1939, must be attached to the notes when surrendered, and accrued interest from September 15, 1938,
to December 15, 1938 ($3.770718 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 OP NEW YORK,

.1938

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

Pursuant to the provisions of Treasury Department Circular No. 598, dated December 5, 1938, the undersigned hereby
tenders in payment for United States of America 2% percent Treasury Bonds of 1960-65, United States of America Vfa
percent Treasury Notes of Series C-1939 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 denominapayment are, as indicated below,—
tions and amounts as indicated below:
In coupon form

Number of Pieces

Indicate by X mark and use a separate form I
when coupon or registered Treasury securities of this series are desired in exchange.^

Delivered to you herewith

Leave this Space Blank

Par Amount

Denominations

In registered form

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

100
500

Safekeeping Department

1,000

Discount Department

5,000
10,000

To be delivered to you for our
account by

100,000
Total
It is requested that payment of accrued interest to December 15, 1938, on Treasury Notes of Series C-1939 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. 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

TO
$

$

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; (b) 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.
2W* 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
DELIVEKY

EECEIPT

Eeceived

Taken from vault

Checked

Counted

Kecorded

Checked

Acknowledged

Blotter


Delivered


FlOTTHED

CHECKED

SCHEDULE FOR ISSUE OF REGISTERED BONDS
IS^ 3 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

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

Post office address

Name of Customer
(Please print or use typewriter)




Address

State.

Amount Subscribed

EA-N

EXCHANGE SUBSCRIPTION
This Form Should Be Used When United States of America 1*4 Percent
Treasury Notes of Series C-1939 Maturing March 15, 1939 Are Tendered in
Payment for Treasury Notes to Be Allotted on Subscriptions

FOR UNITED STATES OF AMERICA 1% PERCENT TREASURY NOTES OF SERIES B-1943
Dated December 15,1938

Due December 15,1943

One day's interest on $1,000 on coupon payable June 15, 1939 (182 day period) is $.030906593.
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 March 15, 1939, must be attached to the notes when surrendered, and accrued interest from September
15, 1938, to December 15, 1938, ($3.770718 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.

.1938

DEAR SIRS:

Pursuant to the provisions of Treasury Department Circular No. 600, dated December 5, 1938, the undersigned hereby
tenders in payment for United States of America 1% percent Treasury Notes of Series B-1943, United States of
America 1 ^ percent Treasury Notes of Series C-1939 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

Par Amount.

Denominations

Leave this Space Blank

Delivered to you herewith
X

X

X

X

X

X

X

To be withdrawn by you from
our account in the

$100
500

Government Bond Department (War
Loan Deposit Account)
$

1,000
5,000
10,000
X

X

X

X

$

X

X

X

X

X

X

Safekeeping Department

$

Discount Department

$

To be delivered to you for our
account by

X

100,000
«p

Total

It is requested that payment of accrued interest to December 15, 1938, on Treasury Notes of Series C-1939 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

$

TO

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; (&) 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 Required Spaces.

Name

TO SUBSCRIBER:

(Please print)

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

•

Confirmation of a telegram

•

Confirmation of a letter

Q

Sign here
(Official signature required)

Street Address
Town and State.

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

rtKCEIPT

Received

Taken from vault

Checked

Counted

Recorded

Checked

Acknouicd:

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

XR-Bl

>RIGINAL

NON-NEGOTIABLE RECEIPT
For United States Government Obligations as Mentioned Below
3sued to...

Number....

Street.

Date

Town
State.
Receipt is hereby acknowledged of $
par amount United States of America 1% Percent Treasury Notes of Series C-1939
irreiidered in payment for United States of America 2 Percent Treasury Bonds of 1947 subscribed for and allotted in full pursuant to the terms
f Treasury Department Circular No. 599, dated December 5, 1938. If such new securities issued in exchange for those surrendered are to be delivered
t the Federal Reserve Bank of New York over the counter to your representative the "authority to deliver" set forth below should be duly executed
ad 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 OF 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
By.
(Please print)
(Official signature required)

Date.
(Signature of authorized representative)




JPLICATE

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

Number

Street

Date

Town
State
Receipt is hereby acknowledged of $
par amount United States of America 1% Percent Treasury Notes of Series C-1939
(rendered in payment for United States of America 2 Percent Treasury Bonds of 1947 subscribed for and allotted in full pursuant to the terms
Treasury Department Circular No. 599, dated December 5, 1938. If such new securities issued in exchange for those surrendered are to be delivered
the Federal Reserve Bank of New York over the counter to your representative the ' ' authority to deliver'' set forth below should be duly executed
d 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

XR-B2

ORIGINAL

NON-NEGOTIABLE RECEIPT
For United States Government Obligations as Mentioned Below
Tssued to...

Number

Street.

Date

Town
State.
Eeceipt is hereby acknowledged of $
par amount United States of America 1% Percent Treasury Notes of Series C-1939
surrendered in payment for United States of America 2% Percent Treasury Bonds of 1960-65 subscribed for and allotted in full pursuant to the terms
of Treasury Department Circular No. 598, dated December 5, 1938. If such new securities issued in exchange for those surrendered are to be delivered
at the Federal Reserve Bank of New York over the counter to your representative the "authority to deliver" set forth below should be duly executed
and 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.
DELIVERY RECEIPT

AUTHORITY TO DELIVER
FEDERAL RESERVE BANK OF NEW YORK

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

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
By
(Please print)
(Official signature required)

Date
(Signature of authorized representative)




UPLICATE

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

Number

Street.

Date

Town
.. State.
Eeceipt is hereby acknowledged of $
par amount United States of America 1% Percent Treasury Notes of Series C-1939
rrendered in payment for United States of America 2% Percent Treasury Bonds of 1960-65 subscribed for and allotted in full pursuant to the terms
! Treasury Department Circular No. 598, dated December 5, 1938. If such new securities issued in exchange for those surrendered are to be delivered
. the Federal Eeserve Bank of New York over the counter to your representative the "authority to deliver" set forth below should be duly executed
id returned to us.

FEDERAL EESEBVE BANK OF NEW YORK

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




Mail Sheet No.
,

No.

Teller

NR-TN

ORIGINAL

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

Issued to..,

Date ..

Street.
Town

State.

Receipt is hereby acknowledged of $
par amount United States of America 1V2 Percent Treasury Notes of Series 0-1939
surrendered in payment for United States of America 1% Percent Treasury Notes of Series B-1943 subscribed for and allotted in full pursuant to the
terms of Treasury Department Circular No. 600, dated December 5, 1938. If such new securities issued in exchange for those surrendered are to be
delivered at the Federal Eeserve Bank of New York over the counter to your representative the "authority to deliver" set forth below should be duly
ued

and

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

Teller.

No.

DELIVERY RECEIPT

AUTHORITY TO DELIVER
FEDERAL RESERVE BANK OF NEW YORK

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

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
By.
(Please print)
(Official signature required)
Date.
(Signature of authorized representative)




-ICATE

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

Date

Town
State.
Receipt is hereby acknowledged of $
par amount United States of America 1% Percent Treasury Notes of Series 0-1939
irrendered in payment for United States of America 1% Percent Treasury Notes of Series B-1943 subscribed for and allotted in full pursuant to the
rins of Treasury Department Circular No. 600, dated December 5, 1938. If such new securities issued in exchange for those surrendered are to be
,'livered at the Federal Reserve Bank of New York over the counter to your representative the ' ' authority to deliver'' set forth below should be duly
ceeuted and 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

FEDERAL RESERVE BANK

SEC-ATS-t.B

OF NEW YORK

ADVICE TO SUBSCRIBER

KCUR.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 234 Percent Treasury Bonds of 1960-65, Dated December 15, 1938, Due December 15, 1965
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
OF NEW YORK

To

CARD

SEC-ATS—2.B
SECURITIES DEPARTMENT

RECORD

Application

No.

Dot*

Cash subscription received
from above subscriber for $
United States of America 2% Percent Treasury Bonds of 1960-65, Dated December 15,1938, Due December 15,1965




AMOUNT ALLOTTED $.

FEDERAL RESERVE BANK
OP NSW YORK

SEC—ATS-3.B
SECURITIES DEPARTMENT

CONTROL RECORD

Application No.
Date

Cash subscription received
from above subscriber for $
United States of America 2% Percent Treasury Bonds of 1960-65, Dated December 15, 1938, Due December 15, 1965




FEDERAL. RESERVE BANK

SEC-A7S-1.NL

OF NEW VORK

ADVICE TO SUBSCRIBER

SECUR m ES

DEPARTMENT

Acknowledging Receipt of Cash Subscription
F o r United States Government Obligations Mentioned Below
To

Application

No.

Date

Your cash subscription for $
United States of America 1% Percent Treasury Notes, Series B-1943, Dated December 15, 1938, Due December 15,1943
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.

by.
DigitizedChecked
for FRASER


FEDERAL RESERVE BANK OF NEW YORK.

Fiscal Agent of the United States.

FEDERAL RESERVE BANK

OFNEWYORK

To

SEC-ATS—2.NL.

CARD RECORD

««««»O

Application No.
Date

Cash subscription received
from above subscriber for $
United States of America 1V8 Percent Treasury Notes, Series B-1943, Dated December 15,1938, Due December 15,1943




AMOUNT ALLOTTED $.

FEDERAL RESERVE BANK
OF NEW YORK

SEC—ATS—3.NL
SECURITIES DEPARTMENT

CONTROL RECORD

Application No.

To

Date

Cash subscription received
from above subscriber for $
United States of America 1% Percent Treasury Notes, Series B-1943, Dated December 15,1938, Due December 15,1943




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:
1938

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

(par value)

UNITED STATES OF AMERICA 2% PERCENT TREASURY BONDS OF 1960-65
DATED DECEMBER IS, 1938, DUE DECEMBER 15, 1965

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 duo,
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 thia
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
NA-BL




Application Number

Lot Number

LETTER OF INSTRUCTIONS
To FEDERAL RESERVE BANK OF KEW YORK,

Fiscal Agent of the United States,
New York, N. Y.
From (Name and address of Subscriber)
1938

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

(par value)

UNITED STATES OF AMERICA 2% PERCENT TREASURY BONDS OF 1960-65
DATED DECEMBER 15, 1938, DUE DECEMBER 15, 1965

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.
Denomina
tions

Pieces

Par amount

Method of payment

(LEAVE BLANK)

$50
By charge to our reserve account...

100

$.

500
By check.

1,000
5,000

By cash

10,000
100,000

$

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

Total

CERTIFICATE OF ADVICE
December 15, 1938.
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 through War Loan Deposit Account.

Cashier or Vice President.

Plold 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 f ollovrs

Against
payment of

Par amount

TO

Credit our reserve account

$ft

$

$

We hereby certify (a) that such securities a* 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.

t2T This letter of instructions must be signed
officially in the space provided here and
returned immediately to
Federal Reserve Bank of New York,

Name.
Post Office Address.
State.

Fiscal Agent of the United States.
Official signature required
DO \OT USE SPACES BELOW

Paid Stamp

Eeleased
Taken from Vault
Counted

Delivery Eeeeipt
Keceived from FEDERAL EESERVE BANK OF NEW YORK the above described

Amount.

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

Checked

Delivered
XA-BL




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 postoffice address for interest checks and mail.




Amount

$50

$100

$500

$1,000

$5,000

$10,000

$i

X X X

I

••

|

••

:

Lot Number

FEDERAL RESERVE BANK 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:
1933

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

(par value)

UNITED STATES OF AMERICA 1 Vs PERCENT TREASURY NOTES OF SERIES B-1943
DATED DECEMBER 15, 1938, DUE DECEMBER 15, 1943

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 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 State*

Checked by.
NA-N




Lot Number

Application Number

LETTER OF INSTRUCTIONS

To FEDERAL RESERVE BANK OF NEW YORK,

Fiscal Agent of the United States,
New York, N. Y.
Prom (Name and address of Subscriber)
1938

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

(par value)

UNITED STATES OF AMERICA 1 % PERCENT TREASURY NOTES OF SERIES B-1943
DATED DECEMBER 15, 1938, DUE DECEMBER 15, 1943

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

Par amount

Method of payment

(LEAVE BLANK)

$100

By charge to our reserve account... $.

500
1,000

By check

5,000

By cash

10,000
100,000
Total

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

$

CERTIFICATE OF ADVICE
December 15,1938.
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 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. Deliver over counter to the undersigned

$

5. Ship to the undersigned

$

6. Deliver as requested in the following special instructions

$

TO

Par amount

Dispose of such
payment as follows

Against
payment of

Credit our reserve account

Cp

$

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.

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

Name.
Post Office Address.
State.

Fiscal Agent of the United States.

Official signature required
DO NOT USE SPACES BELOW

Paid Stamp

Eeleased

Received from FEDEEAL RESERVE BANK OF N E W YORK the above described

Taken from Vault.
Counted

Delivery Eeceipt

Amount

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

Checked
Delivered
NA-N




By.

Date.

By.