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

'Circular No. 2290*1
. October 9, 1941 J

Cash and Exchange Offering of
United States of America 2V2 Percent Treasury Bonds of 1967-72
Dated and bearing interest from October 20, 1941

Due September 15, 1972

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

The Secretary of the Treasury today announced an offering of $1,200,000,000, or thereabouts,
of 2% percent bonds of the United States, designated Treasury Bonds of 1967-72, 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-1941, maturing December 15,1941,
are tendered in payment and accepted. In addition to the amount offered for public subscription,
$100,000,000, or thereabouts, of these bonds may be allotted to Government investment accounts
against cash payment.
The terms of this offering are set forth in Treasury Circular No. 670, dated October 9,
1941, copy of which is printed on the following pages.
The subscription books for this offering are now open, and applications will be received by
this bank as fiscal agent of the United States. Subscriptions should be made on official subscription blanks and mailed immediately, or if filed by telegram or letter, should be confirmed immediately by mail on the blanks provided. A telegraphic or letter subscription to the cash offering
entered by a bank should state the amount subscribed for the bank's own account and the
number of subscriptions, at each amount, entered for the customers of the subscribing bank.




ALLAN SPROUL,

President.

UNITED STATES OF AMERICA
2 ^ PERCENT TREASURY BONDS OF 1967-72
Dated and bearing interest from October 20, 1941

Due September 15, 1972

Redeemable at the option of the United States at par and accrued interest on and after September 15,1967
Interest payable March 15 and September 15

1941

TREASURY DEPARTMENT,

Department Circular No. 670
.
.

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

Bureau of the Public Debt

Washington, October 9, 1941.

I. OFFERING OF BONDS

1. The Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, 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 1967-72. The amount of the public offering
is $1,200,000,000, 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 C-1941,
maturing December 15, 1941, are tendered in payment and accepted. In addition to the amount offered for
public subscription, $100,000,000, or thereabouts, of these bonds may be allotted to Government investment
accounts against cash payment.
II. DESCRIPTION OF BONDS
1. The bonds will be dated October 20, 1941, and will bear interest from that date at the rate of
2% percent per annum, payable on a semiannual basis on March 15 and September 15 in each year until the
principal amount becomes payable. They will mature September 15,1972, but may be redeemed at the option
of the United States on and after September 15, 1967, 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 Treasurj^. From the date of redemption
designated in any such notice, interest on the bonds called for redemption shall cease.
2. The income derived from the bonds shall be subject to all Federal taxes, now or hereafter imposed.
The bonds shall be subject to estate, inheritance, gift or other excise taxes, whether Federal or State, but
shall be exempt from all taxation now or hereafter imposed on the principal or interest thereof by any
State, or any of the possessions of the United States, or by any local taxing authority.
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. Subscribers must agree not to sell or otherwise dispose of their subscriptions,
or of the securities which may be allotted thereon, prior to the closing of the subscription books. 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.
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, and to close the books as to any or all subscriptions
at any time without notice; and any action he may take in these respects shall be final. Subject to these
reservations, subscriptions in payment of which Treasury Notes of Series C-1941 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 hereunder
must be made or completed on or before October 20, 1941, 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-1941,
maturing December 15, 1941, with coupon dated December 15, 1941, attached, will be accepted at par in
payment for any bonds subscribed for and allotted, and should accompany the subscription. Accrued
interest from June 15, 1941 to October 20, 1941, ($4.33743 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.
HENRY MORGENTHAU, J R . ,
Secretary of the Treasury.




SL.4
Special Notice to Subscribers in the
Second Federal Reserve District Located Outside
the Borough of Manhattan of the City of New York
Upon payment interim certificates will be issued pending
delivery of the definitive bonds. It is expected that the definitive
bonds will be ready for delivery on or about February 1, 1942.
If yon desire delivery of such interim certificates on October 20,
1941, "Letter of Instructions" accompanying allotment notice must be
mailed to this bank on Friday, October 17, 1941 in the special return
envelope enclosed herewith.



FEDERAL RESERVE BANK OF NEW YORK,

Fiscal Agent of the United States.

Special Notice to Subscribers Located in the
Borough of Manhattan of the City of New York
Upon payment interim certificates will be issued pending
delivery of the definitive bonds. It is expected that the definitive
bonds will be ready for delivery on or about February 1, 1942.
If you desire delivery of such interim certificates on October 20.
1941, "Letter of Instructions" accompanying allotment notice must be
returned to this bank by messenger by NOON, Friday, October 17,
1941.

SL.3


FEDEHAL RESERVE BANK OF NEW YORK,

Fiscal Agent of the United States.

FEDERAL RESERVE BANK

SEC-ATS-1.BS

OF NEW YORK

ADVICE

TO

SUBSCRIBER

SECURITIES DEPARTMENT

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

Application No.
Date

r
L

J
Your cash subscription for $
United States of America 2l/2 Percent Treasury Bonds of 1967-72, Dated October 20,1941, Due September 15, 1972
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.

Checked by.



FEDERAL RESERVE BANK OF NEW YORK,

Fiscal Agent of the United States.

L RESERVE BAN
OF NEW YORK

SEC-ATS-2.BS
SECURITIES DEPARTMENT

CARD RECORD

Application No.

To

Date

Cash subscription received
from above subscriber for $
United States of America ll/2 Percent Treasury Bonds of 1967-72, Dated October 20, 1941, Due September 15, 1972




AMOUNT ALLOTTED $.

SEC-ATS-3. BS
SECURITIES DEPARTMENT

FEDERAL RESERVE BANK

OF NEW Y R
OK

PAYMENT AND DISPOSITION RECORD

To

Application No.
Date

Cash subscription received
from above subscriber for $
United States of America 2% Percent Treasury Bonds of 1967-72, Dated October 20, 1941, Due September 15, 1972
DATE
XOTMENT

BOOK CREDIT
!

IEMIUM AND/OR
INTEREST

LINCIPAL DUE

;FUND
LANCE
CRUED INT.


COUNT DUE


CASH

DELIVERY TELLER

GOV. DEPOSIT

SHIP

|

s
DISPOSITION

JRCHASE PRICE
SPOSIT

CHARGE

OVER COUNTER

1

SAFEKEEPING

1
SPECIAL DELIVERY INSTRUCTIONS

NR-B-C

ORIGINAL

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

Issued to..
Address.

Date

. Receipt is hereby acknowledged of $
par amount United States of America 1% percent Treasury Notes of Series C-1941
surrendered in payment for United States of America 2% percent Treasury Bonds of 1967-72 subscribed for and allotted in full pursuant to the terms
of Treasury Department Circular No. 670, dated October 9, 1941. If such new securities issued in exchange for those surrendered are to be delivered
in whole or in part 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 or NEW YORK

Date Received

Fiscal Agent of the United States.

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
(Name of representative)

DELIVERY RECEIPT
Received from the Federal Reserve Bank of New York United
States Government obligations at par in the amount authorized to
be delivered as stated in the accompanying "authority to deliver",
issued in exchange for an equal amount of United States Government
obligations surrendered in payment as indicated in the above nonnegotiable receipt.

whose signature appears below $
par amount
of the total 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

PAYMENT AND DISPOSITION RECORD OF EXCHANGE SUBSCRIPTION
sn-negotiabie receipt
For United States Government Obligations as Mentioned Below
IS

sued to

Number

Address
...
Date
follows:
Keeeipt is hereby acknowledged of $
par amount United States of America 1*4 percent Treasury Notes of Series C-1941
rrendered in payment for United States of Ameriea 2% percent Treasury Bonds of 1967-72 subscribed for and allotted in full pursuant to the terms
Treasury Department Circular No. 670, dated October 9, 1941. If such new securities issued in exchange for those surrendered are to be delivered
whole or in part at the Federal Keserve Bank of New York over the counter to your representative the "authority to deliver" set forth below should
duly executed and returned to us.
FEDERAL EESEBVE B A N E or N E W YORK

Fiscal Agent of the United States.
Date Beefeivejfcf.

Mail Sheet No. .

Refer to your letter dated...

No.
DATE

Teller

OVER COUNTER

SOURCE OF RECEIPT
GOVERNMENT DEPOSIT
SAFEKEEPING

REGISTERED MAIL

LOTMENT

DISPOSITION

EMIUM
TEREST DUE

OVER COUNTER

SAFEKEEPING

GOVERNMENT DEPOSIT

TAL
MEREST PAYABLE
OUNT PAID
OUNT RECEIVED




SPECIAL DELIVERY INSTRUCTIONS

SHIP

Application Number

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

.1941

This application 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. 670, dated October 9, 1941, please enter our
(my) subscription for $

(par value)

UNITED STATES OF AMERICA 2% PERCENT TREASURY BONDS OF 1967-72
DATED OCTOBER 20, 1941
DUE SEPTEMBER 15, 1972
The undersigned subscriber
(a) certifies that this subscription is solely for subscriber's own account; that no arrangements have been or will be made
for the sale or other disposition of this subscription, or of the securities which may be allotted thereon, prior to the
closing of the subscription books; and
(b) agrees, 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 the undersigned or (name)
in the manner indicated below.

By check

B7 cash

•
Subscriber . . .

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

Sign here

Original subscription

I |

Confirmation of a telegram

•

(Print name)
(Official Signatora Required)

r~j

Confirmation of a letter

Street address.

I—|

(City, Town or Village, and State)

SPACES BELOW ABE FOB THE USE OF THE FEDEBAL BESEEVE BANK OF NEW YOBK
ALLOTMENT AND PAYMENT

SUBSCRIPTION RECORD
OTTER

EXAMINED FOR
CLASSIFICATION

ALLOTMENT

m ACCOUNT
ECKED

CHECKED

DEPOSIT

AMINED

CARDED

REFUNDED

KNOWLEDGED




BALANCE
DISPOSITION

FIGURED CHECKED ADVISED
DATE
DATE
DATE PAID

BY

EA-N-BS

EXCHANGE SUBSCRIPTION
For Use When United States of America l1/^ Percent Treasury Notes of
Series C-1941 Maturing December 15, 1941 Are Tendered in Payment

FOR UNITED STATES OF AMERICA 2% PERCENT TREASURY BONDS OF 1967-72
Dated October 20, 1941

Due September 15, 1972

NOTE:
Coupons dated December 15, 1941, should be attached to the notes when surrendered, and accrued interest from June 15, 1941
to October 20, 1941 ($4.33743 per $1,000), will be paid following acceptance of the notes.
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.
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.

.1941

DEAR SIRS:

Pursuant to the provisions of Treasury Department Circular No. 670, dated October 9, 1941, the undersigned hereby subscribes for United States of America 21/fc percent Treasury Bonds of 1967-72, in the amount and as stated below, and
tenders in payment therefor United States of America 1^4 percent Treasury Notes of Series C-1941, maturing December
15, 1941, which are:
Delivered to you herewith
In the amount of $
To be delivered to you for our account
by

...

"
"

To be withdrawn from securities
you are holding for our account

$
$

Total amount of subscription

$

.

iby credit to our Reserve account....

•

<by check made payable to our order

Pay accrued interest on securities surrendered

Q

'by credit to our account with

•

Issue and dispose of securities allotted on this subscription as indicated below:
When both coupon securities and registered
securities are desired,
use a separate subscription form for each.

Indicate by X mark
In coupon
form

In registered
form

DISPOSITION
1. Deliver over the counter to the undersigned
2. Ship to the undersigned
3. Hold in safekeeping (For member
bank only)
4. Register in the names as indicated in
the schedule on reverse side
5. Hold as collateral for War Loan
deposits
6. Deliver as indicated below

DENOMINATIONS
Par Value

Pieces

Leave Blank

$50
100
500

Deliver to:

1,000

Against
Payment of

Par Amount

5,000
10,000
and credit proceeds to our Reserve account
or to our account with

100,000

Total

•

The undersigned, if a bank or trust company, hereby certifies (a) that the securities which you are hereby or hereafter instructed
to dispose of in the manner indicated in item numbered 3 above are the sole property of the undersigned, and (b) that the securities
which you are hereby or hereafter instructed to dispose of in the manner indicated in items numbered 5 and 6 above are either the sole
property of the undersigned or the property of its customers who have authorized in writing such disposition.
(Fill in all required spaces before signing)
Name of Subscriber.

TO SUBSCRIBER:

(Please print)

Please indicate if this is a confirmation.

By.

[f subscriber is a Bank or Trust Qompany,
Dlease indicate amount of this subscription
tor own account.
$

(Official signature required)

(Title)

Street address
City, Town or Village, and State.

Spaces below for the use of the Federal Reserve Bank
BECETVED

CHECKED




TAKEN FROM VAULT

COUNTED

CHECKED

BLOTTER

DELIVERED

AUDIT

SCHEDULE FOR ISSUE OF REGISTERED BONDS
IS^1* Names and addresses must be printed or typewritten.
Indicate under appropriate denominations, number of bonds desired.
Name in which bonds of this issue shall be registered, and postoffice address for interest checks and mail.




Amount

$50

$100

$500

$1,000

$5,000

$10,000

X X X

•

•

CBS

Application Number

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

.1941

FEDERAL RESERVE BANK OF NEW YORK,

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

Pursuant to the provisions of Treasury Department Circular No. 670, dated October 9, 1941, please enter subjription as follows for

UNITED STATES OF AMERICA 2% PERCENT TREASURY BONDS OF 1967-72
DATED OCTOBER 20, 1941
DUE SEPTEMBER 15, 1972
(Not to exceed one-half of combined capital
and surplus as certified in (c) below).

•For our own account (not classified below).. $_
•For our customers (classified below)
Total Subscription

(To

SUBSCRIBER: DO

$

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

CLASS A
Subscriptions of $1,000 and under
iber of |
Amount
oript'sl
of Each
Leave Blank

CLASS Bl
CLASS B2
CLASS C
Subscriptiot s over $1,000 to $5,000 Inclusive Subscriptions over $0,000 to $10,000 Incl. Subscriptions over $10,000 to $50,000 Incl.
Number of
Amount
Number of
Amount
Number of
Amount
Subscript's
of Each
Leave Blank Subscript's
of Each
Leave Blank 8ub8eript's
of Each
Leave Blank

1

at

Ht

at

at

at

at

at

at

at

at

at

at

at

at

nt

at

at

at

Ht

at

at

at

at

at

at

at

at

at

CLASS D
criptione over $60,(
iber of 1 Amount
oript's 1 of Each

Leave Blank

CLASS E
Sub's over $100,0
Number of
Amount
Subscript's
of Each

Leave Blank

CLASS F
Sub's over $6
Number of
Amount
Subscript's
of Each

Leave Blank

CLASS G
Subscriptions of over $1,0
Number of
Amount
Leave Blank
Subscript's
of Eaoh

at

at

at

at

at

at

at

at

at

at

at

at

at

st

at

at

at

at

at

at

at

at

Ht

at

e hereby certify:
(a) 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;
(b) that this subscription is solely for our own account or for the account of the customers specified herein; that noarrangements have been or will be made for the sale or other disposition of our subscription, or of the securities
which may be allotted thereon, prior to the closing of the subscription books; and that our customers whose subscriptions are included herein will be requested to confirm to us their agreement to the same conditions with respect
to their subscriptions; and
(c) that our capital and surplus (not including undivided profits, reserves, etc.) is $
e agree:
in consideration of the receipt by you of 1his 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 charge to our reserve account, which you are
authorized to make
By check
TO 8UB8CRIBEE:
Mark (X) in proper space
to indicate if this ia:
Original subscription
Confirmation of a telegram
Confirmation of a letter
"NOTE :

•
•

By credit to War Loan Deposit Account

|

"Fill in all required spaces before signing.

(Name of Banking Inntitution)
By.

•

(Title)

(Official signature)

n
•

Address

(City. Town or Village, and State)

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 Reserve 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 OP THE FEDERAL RESERVE BANK
SUBSCRIPTION RECORD
BLOTTER

EXAMINED FOR
CLASSIFICATION

OWN ACCOUNT
CHECKED

CHECKED

EXAMINED

CARDED

ACKNOWLEDGED




PAYMENT

ALLOTMENT
Figured Checked Advised

DISPOSITION

D
R/A
B/C

C

List of customers' applications included in the foregoing subscription
entered and certified by
(Name of banking: institution)

Post office address

Name of Customer
(Please print or use typewriter)

-




Address

State.

Amount Subscribed

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
'o Subscriber:
1941

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

(par value)

UNITED STATES OF AMERICA 2»/i PERCENT TREASURY BONDS OF 1967-72
DATED OCTOBER 20, 1941, DUE SEPTEMBER 15, 1972

r which you have applied under the provisions of the Treasury Department's circular containing the offering of such
curities 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
lis transaction, please observe the following directions, and fill in, sign and return immediately the attached letter of
structions 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
ayment is to be made after the date of this issue, for the securities allotted to subscriber as stated above, and payment
lerefor may be made by check, cash, charge, or credit, as follows:
t 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 Beserve 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.
y Cash—Payment may be made in cash.
y 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.
y 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 will be made by the Federal Reserve Bank of New York at its
ad office in New York, N. Y., and will not be made before the issue date.
(b) Securities of this issue allotted to subscriber will be delivered over the counter to a representative of the
bscriber only when a letter of authority signed officially by the subscriber identifying such representative is presented
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)
Reserve Bank
member bank.
(b)
this bank and

Securities of this issue will be held for safekeeping by, or delivered to the Discount Department of, the Federal
of New York for the account of member banks only, provided such securities are the sole property of the
It is requested that all blank spaces be typed in where necessary on the attached letter of instructions to
that such letter be signed officially and returned to this bank without delay.
FEDERAL RESERVE B A N K OF N E W YORK,

Fiscal Agent of the United States

Checked by.
NABS




Application Number

LETTER OF INSTRUCTIONS
To FEDERAL RESERVE BANK OF NEW YORK,

Fiscal Agent of the United States,
Government Bond Department,
New York, N. Y.
(Name and address of Subscriber)
1941

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

(par value)

UNITED STATES OF AMERICA 2% PERCENT TREASURY BONDS OF 1967-72
DATED OCTOBER 20, 1941, DUE SEPTEMBER 15, 1972

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

$

By credit to War Loan Deposit Account as shown in the following ''Certificate of Advice":
CERTIFICATE OF ADVICE
October 20, 1941
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.

sue and dispose of securities allotted on this subscription as indicated below:
DISPOSITION
DENOMINATIONS
Pieces

Far Value

Leave Blank

$50

100
500
1,000
5,000

1. Deliver over the counter to the undersigned
2. Ship to the undersigned
3. Hold in safekeeping (For member
bank only)
4. Register in the names as indicated in
the schedule on reverse side
5. Hold as collateral for War Loan
deposits
6. Deliver as indicated below.
Deliver to:

10,000

••

Against
Payment of

Par Amount

XX XXX

100,000
Total
and credit proceeds to our Reserve account

•

or to our account with
The undersigned, if a bank or trust company, hereby certifies (a) that the securities which you are hereby or hereafter instructed
to dispose of in the manner indicated in item numbered 3 above are the sole property of the undersigned, and (b) that the securities
which you are hereby or hereafter instructed to dispose of in the manner indicated in items numbered 5 and 6 above are either the sole
property of the undersigned or the property of its customers who have authorized in writing such disposition.

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

Name of Subscriber.
By.

(Please print)

(Official signature required)

(Title)

Street address

Fiscal Agent of the United States.
City Town or Village, and State

DO NOT USE SPACES BELOW

Delivery Receipt

PAYMENT EECORD

Received from FEDERAL RESERVE BANK OF NEW YORK the above described

PAYMENT B.ECEIVED
DELIVER AGAINST PAYMENT

B/A $ . .

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

01^$

is/U

By...

Date.
Taken from Vault

NA-BS



Counted

Checked

Delivered

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




Amount

$50

$100

$500

$1,000

$5,000

$10,000

X X X

i

•

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