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

Circular No.
2126
September 26, 1940

SUBSCRIPTION BOOKS TO CLOSE SEPTEMBER 27, 1940
On Offering of United States of America 2 Percent Treasury Bonds of 1953-55

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 will close at the close of business,
Friday, September 27, 1940, on the current offering of United States of America
2 percent Treasury Bonds of 1953-55, dated and bearing interest from October 7,
1940, due June 15, 1955, in payment of which only Treasury Notes of Series
C-1940, maturing December 15, 1940, may be tendered. Any subscription
addressed to a Federal Reserve Bank or Branch and placed in the mail before
midnight, Friday, September 27, 1940, as evidenced by postoffice cancellation,
will be considered a timely subscription.




GEORGE L. HARRISON,

President.