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FEDERAL RESERVE BANK
OF NEW YORK
Fiscal Agent of the United States
f Circular No. 2 3 77~1
L February 13, 1942 J
Offering of United States of America 2l/4 Percent Treasury Bonds of 1952-55
Dated and bearing interest from February 25, 1942
Due June 15, 1955
To all Banking Institutions, and Others Concerned,
in the Second Federal Reserve District:
The following press statement was today made public:
Secretary of the Treasury Morgenthau today announced the offering, through the Federal Reserve
Banks, for cash subscription, of $1,500,000,000, or thereabouts, of 21/4 percent Treasury Bonds of
1952-55. For the benefit of small investors, preferential allotments will be given to subscribers up
to $5,000, where delivery in registered bonds 90 days after issue date is specified; those who enter
such a subscription for preferential allotment may not enter any other subscription.
The Treasury Bonds of 1952-55, now offered for cash subscription, will be dated February 25,
1942, and will bear interest at the rate of 2^4 percent per annum, payable semiannually on June 15
and December 15, with the first coupon due June 15, 1942 for a fractional period. The bonds will
mature June 15, 1955, but may be redeemed, at the option of the United States, on and after June
15, 1952.
The bonds will be issued in two forms: bearer bonds with interest coupons attached, and bonds
registered both as to principal and interest. Both forms will be issued in the denominations of $50,
$100, $500, $1,000, $5,000, $10,000 and $100,000.
Pursuant to the provisions of the Public Debt Act of 1941, interest upon the bonds now offered
shall not have any exemption, as such, under Federal tax Acts now or hereafter enacted. Otherwise the bonds will be accorded the same exemptions from taxation as are accorded other issues of
Treasury bonds now outstanding. These provisions are specifically set forth in the official circular
released today.
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. Subscriptions for the bonds from banks and trust companies for their own account
will be received without deposit, but subscriptions from all others must be accompanied by payment of
10 percent of the amount of bonds applied for. The bases on which subscriptions will be entertained
from the various classes of subscribers will be the same as announced on December 3, 1941, for the
December 15 cash offerings.
The right is reserved to close the books as to any or all subscriptions or classes of subscriptions at
any time without notice. The basis of allotment of subscriptions will be publicly announced, and payment for any bonds allotted must be made or completed on or before February 25, 1942, or on later
allotment.
^
The terms of this offering are set forth in Treasury Circular No. 681, dated February 13,
1942, a copy of which is 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 or, if filed by telegram or letter, should be confirmed immediately by mail on
the blanks provided. Telegraphic or letter subscriptions to the cash offering entered by a
bank either for preferred or for other allotment 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
2J4 PERCENT TREASURY BONDS OF 1952-55
Dated and bearing interest from February 25, 1942
Due June 15, 1955
Redeemable at the option of the United States at par and accrued interest on and after June 15, 1952
Interest payable June 15 and December 15
TREASURY DEPARTMENT,
Department Circular No. 681
^. „
„ ,
~
Office of the Secretary,
Fiscal Service
__,. . . .
Bureau of the Public Debt
,
-,-, ,
._
. -, , „
Washington, February 13, 1942.
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 21/4
percent bonds of the United States, designated Treasury Bonds of 1952-55. The amount of the offering
is $1,500,000,000, or thereabouts.
II. DESCRIPTION OF BONDS
1. The bonds will be dated February 25, 1942, and will bear interest from that date at the rate of
2 ^ percent per annum, payable on a semiannual basis on June 15 and December 15 in each year until
the principal amount becomes payable. They will mature June 15,1955, but may be redeemed at the option
of the United States on and after June 15, 1952, 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 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 insti-
tutions will not be permitted to enter subscriptions except for their own account. Subscriptions from banks
and trust companies for their own account will be received without deposit. Subscriptions from all others
must be accompanied by payment of 10 percent of the amount of bonds applied for. Subscriptions will be
entertained from the various classes of subscribers on the following bases:
1. Banks and trust companies for their own account—not to exceed 50 percent of capital
and surplus.
2. Mutual savings and cooperative banks, Federal Savings and Loan Association', trust accounts
and investment corporations, pension funds, insurance companies, and similar institutions
and funds—not to exceed ten percent of total resources.
3. Corporations organized for profit, and dealers and brokers—not to exceed 50 percent of
net worth.
4. Individuals—not to exceed 50 percent of net worth or 100 percent of cash deposited with
subscription. (Note: No preferred allotment will be made on such full-paid subscriptions.)
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. Subscriptions for amounts up to and including $5,000 where the subscribers specify that delivery be made in
registered bonds 90 days after the issue date will be given preferred allotment. In each such case a subscriber may not enter any other subscription, and payment must be made as provided in Section IV of this
circular. 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 hereunder must be made or completed on or before February 25, 1942, or on later allotment. In every ease 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.
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 MORGENTHAU, J R . ,
Secretary of the Treasury.
FEDERAL RESERVE BANK
OF NEW YORK
ADVICE TO SUBSCRIBER
Acknowledging Receipt of Cash Subscription
For United States Government Obligations Mentioned Below
SEC—ATS-I .B-PS
SECURITIES DEPARTMENT
Application No.
To
Dot*
r
J
L
Your cash subscription for $
United States of America 2% Percent Treasury Bonds of 1952-55, Dated February 25, 1942, Due June 15, 1955
for preferred allotment, 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 OP NEW YORK,
Fiscal Agent of the United States.
FEDERAL RESERVE BANK
OF NEW YORK
To
SEC-ATS-2.B-PS
SECURITIES DEPARTMENT
CARD RECORD
Applicatian No.
Date
FOR PREFERRED ALLOTMENT
Cash subscription received
from above subscriber for $
United States of America 214 Percent Treasury Bonds of 1952-55, Dated February 25, 1942, Due June 15, 1955
AMOUNT ALLOTTED $.
FEDERAL RESERVE BANK
OF NEW YORK
SEC-ATS-3.B-PS
SECURITIES DEPARTMENT
PAYMENT AND DISPOSITION RECORD
Application No.
To
Date
FOR PREFERRED ALLOTMENT
Cash subscription received
from above subscriber for $
United States of America Zy^ Percent Treasury Bonds of 1952-55, Dated February 25 1942, Due June 15 1955
DATE
BOOK CREDIT
CHARGE
CASH
DELIVERY TELLER
GOV. DEPOSIT
SHIP
ALLOTMENT
•REMIUM AND/OR
INTEREST
DISPOSITION
•DRCHASE PRICE
)EPOSIT
RINCIPAL DUE
.EFUND
ALANCE
CCRUED INT.
MOUNT DUE
OVER COUNTER
SAFEKEEPING
1
SPECIAL DELIVERY INSTRUCTIONS
1
FEDERAL RESERVE BANK
SEC-ATS—l.BS
OF NEW YORK
ADVICE
TO
SUBSCRIBER
S E C U R . T . E S DEPARTMENT
Acknowledging Receipt of Cash Subscription
For United States Government Obligations Mentioned Below
To
Application No.
Date
F
L
J
Your cash subscription for $
United States of America 2% Percent Treasury Bonds of 1952-55, Dated February 25, 1942, Due June 15, 1955
on which allotment is desired other than preferred allotment, 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 abovementioned 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.
DigitizedChecked
for FRASER
by.
FEDERAL RESERVE BANK OF NEW YORK,
Fiscal Agent of the United States.
FEDERAL RESERVE BANK
OF NEW YORK
To
CARD
SEC-ATS-2.BS
SECURITIES DEPARTMENT
RECORD
Application No.
Date
Cash subscription received
from above subscriber for $
United States of America 2% Percent Treasury Bonds of 1952-55, Dated February 25, 1942, Due June 15, 1955
AMOUNT ALLOTTED $.
FEDERAL RESERVE BANK
OF NEW YORK
SEC—ATS—3.BS
SECURITIES DEPARTMENT
PAYMENT AND DISPOSITION RECORD
Application No.
Date
Cash subscription received
from above subscriber for $
United States of America 2^4 Percent Treasury Bonds of 1952-55, Dated February 25 1942, Due June 15 1955
DATE
BOOK CREDIT
CASH
DELIVERY TELLER
GOV. DEPOSIT
SHIP
CHARGE
VLLOTMENT
PREMIUM AND/OR
INTEREST
>URCHASE PRICE
>EPOSIT
•RINCIPAL DUE
IEFDND
BALANCE
CCRUED INT.
MOUNT DUE
DISPOSITION
OVER COUNTER
SAFEKEEPING
1
SPECIAL DELIVERY INSTRUCTIONS
B-BC
FEDERAL. RESERVE BANK
OF NEW YORK
BOOK CREDIT PAYMENT
APPLICATION NO.
DATE
IN ACCORDANCE WITH YOUR CERTIFICATION WE HAVE THIS DAY CREDITED YOUR
"WAR LOAN DEPOSIT ACCOUNT" WITH THE AMOUNT INDICATED ABOVE.
ACCOUNT OF ALLOTMENT TO ZYA'/O TREASURY BONDS OF 1952-55.
B-BC
FEDERAL RESERVE BANK
OF NEW YORK
ADVICE OF CREDIT TO WAR LOAN DEPOSIT ACCOUNT
APPLICATION NO.
DATE
IN ACCORDANCE WITH YOUR CERTIFICATION WE HAVE THIS DAY CREDITED YOUR
"WAR LOAN DEPOSIT ACCOUNT' WITH THE AMOUNT INDICATED ABOVE.
ACCOUNT OF ALLOTMENT TO 254% TREASURY BONDS OF 1952-55.
FEDERAL RESERVE BANK OF NEW YORK
FISCAL AGENT OF THE UNITED STATES
GOVERNMENT BOND DEPARTMENT.
FEDERAL RESERVE BANK OF NEW YOEK
Fiscal Agent of the United States
NOTICE OF ALLOTMENT
On Cash Subscription for Preferred Allotment of Registered United States Government Obligations
Applied for by Subscriber for Delivery 90 Days After the Issue Date.
To Subscriber:
1942
Referring to your subscription, numbered as above indicated, for $
—
(par value)
UNITED STATES OF AMERICA 2% PERCENT TREASURY BONDS OF 1952-55
DATED FEBRUARY 25, 1942, DUE JUNE 15, 1955
_
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 facilitate completion of this transaction, please observe the following directions, and fill in, sign and return
immediately the attached letter of instructions to the Federal Reserve Bank of New York, Fiscal Agent of the United
States, New York, N. Y.
Payment by Check, Cash, Charge or Credit
2. On or before the date of this issue payment must be made or completed at par, or at par and accrued interest if
payment is to be made after the date of this issue, for the securities allotted to subscriber as stated above, and payment therefor may be made by check, cash, charge, or credit, as follows:
By Check—A check tendered in payment should be made payable to the order of the FEDERAL RESERVE BANK OF NEW YORK,
FISCAL AGENT OF THE UNITED STATES, and the proceeds thereof must be immediately available on the date that payment is due,
but such check need not necessarily accompany the attached letter of instructions. The proceeds of a check tendered in payment by
subscriber on the date of this issue, drawn on the Federal Reserve Bank of New York, will be immediately available on the date of this
issue. Should a subscriber wish to make payment by certified check on any other bank the securities can not be delivered until the
Federal Reserve 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.
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—If subscriber is a depositary of public moneys qualified under the previsions 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.
Delivery
8. (a) Delivery of the securities of this issue will be made by the Federal Reserve Bank of New York at its head
ffice in New York, N. Y. Subscriber has specified that delivery be made 90 days after the issue date.
(b) Securities of this issue allotted to subscriber will be delivered over the counter to a representative of the
ubscriber only when a letter of authority signed officially by the subscriber identifying such representative is presented
»y him.
Further Instructions
4. (a) Securities of this issue will be held for safekeeping by the Federal Reserve Bank of New York for the
iccount of member banks only, provided such securities are the sole property of the member bank and registered in its name.
(b) It is requested that all blank spaces be typed in where necessary on the attached letter of instructions to
his 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
^A-B-PS
FEDERAL RESERVE BANK OF NEW YORK
Fiscal Agent of the United States
WINDOW TICKET
Pending Delivery, Relating To
NOTICE OF ALLOTMENT
On Cash Subscription for Preferred Allotment of Registered United States Government Obligations
Applied for by Subscriber for Delivery 90 Days After the Issue Date.
To Subscriber:
1942
Referring to your subscription, numbered as above indicated, for $
(par value)
UNITED STATES OF AMERICA 2»/i PERCENT TREASURY BONDS OF 1952-55
DATED FEBRUARY 25, 1942, DUE JUNE 15, 1955
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.
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.
From (Name and address of Subscriber)
1942
Referring to our subscription, numbered as above indicated, for $
(par value)
UNITED STATES OF AMERICA 2 % PERCENT TREASURY BONDS OF 1952-55
DATED FEBRUARY 25, 1942, DUE JUNE 15, 1955
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 the securities of this issue allotted to us as indicated in the schedule on the reverse side.
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
February 25, 1942
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.
Cash^^JicePresident.
Hold or dispose of the securities of this issue allotted to us in the amounts and as indicated below.
1. Hold for safekeeping (provided securities are sole property of member bank and registered in its name) $.
2. Deliver over the counter to the undersigned
$.
3. Ship to the undersigned
$.
SSI?3 This letter of instructions must be signed
officially in the space provided here and
returned immediately to
Federal Reserve Bank of New York,
Fiscal Agent of the United States.
Name of Subscriber.
(Please print)
(Official signature required)
(Title)
Street address
City, Town or Village, and State.
DO NOT USE SPACES BELOW
Delivery Eeceipt
PAYMENT EECOED
Eeceived from FEDERAL EESERVE BANK OF NEW YORK the above described
PAYMENT EECEIVED
DELIVER AGAINST PAYMENT
*
OF $
United States Government obligations allotted in the amount indicated above.
Date
Taken from Vault
NA-B-PS
Counted
By
Checked
Delivered
SCHEDULE FOR ISSUE OF REGISTERED BONDS
E#* Names and addresses must be printed or typewritten.
Name in which bonds of this issue shall be registered,
and postoffice address for interest checks and mail.
I
\
;
Indicate under appropriate denominations, number of bond* desired.
Amount
$50
$100
$500
$1,000
$5,000
XXX
XXX
S
FEDERAL RESERVE B A N K OF N E W YORK
Fiscal Agent of the United States
NOTICE OF ALLOTMENT
On Cash Subscription to United States Government Obligations
Applied for by Subscriber as Described Below
To Subscriber:
1942
Referring to your subscription, numbered as above indicated, for $
(par value)
UNITED STATES OF AMERICA 2»/4 PERCENT TREASURY BONDS OF 1952-55
DATED FEBRUARY 25, 1942, DUE JUNE 15, 1955
for which you have applied under the provisions of the Treasury Department's circular containing the offering of such
securities for subscription, you have been allotted by the Secretary of the Treasury
$
of the amount applied for.
IMPORTANT INFORMATION FOR SUBSCRIBER
1. To expedite delivery of the securities of this issue allotted to subscriber and to facilitate prompt completion of
this transaction, please observe the following directions, and fill in, sign and return immediately the attached letter of
instructions to the Federal Reserve Bank of New York, Fiscal Agent of the United States, New York, N. Y.
Payment by Check, Cash, Charge or Credit
2. On or before the date of this issue payment must be made or completed at par, or at par and accrued interest if
payment is to be made after the date of this issue, for the securities allotted to subscriber as stated above, and payment
therefor may be made by check, cash, charge, or credit, as follows:
By Check—A check tendered in payment should be made payable to the order of the FEDERAL RESERVE BANK OF NEW YORK,
FISCAL AGENT OF THE UNITED STATES, and the proceeds thereof must be immediately available on the date that payment is due,
but such check need not necessarily accompany the attached letter of instructions. The proceeds of a cheek tendered in payment by
subscriber on the date of this issue, drawn on the Federal Eeserve Bank of New York, will be immediately available on the date of this
issue. Should a subscriber wish to make payment by certified check on any other bank the securities can not be delivered until the
Federal Reserve 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 Reserve 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
head 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
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)
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 BANK OF NEW 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,
Now York, N. Y.
From {Name and address of Subscriber)
1942
Referring to our subscription, numbered as above indicated, for $
(par value)
UNITED STATES OF AMERICA 2»/4 PERCENT TREASURY BONDS OF 1952-5S
DATED FEBRUARY 25, 1942, DUE JUNE 15, 1955
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:
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
February 25, 1942
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.
Issue and dispose of securities allotted on this subscription as indicated below:
DISPOSITION
DENOMINATIONS
Par Value
Pieces
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 i For member
bank only)
4. Register in the names a 3 indicated in
the schedule on reverse i
5. Hold as collateral foi• War Loan
deposits
6. Deliver as indicated bek >w
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.
This 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 U8E SPACES BELOW
Delivery Receipt
PAYMENT RECORD
Received from FEDERAL RESERVE BANK OF N E W YORK the above described
PAYMENT RECEIVED
DELIVEE AGAINST PAYMENT
$
OF $
United States Government obligations allotted in the amount indicated above
Date
Taken from Vault
NABS
Counted
By
Checked
Delivered
SCHEDULE FOR ISSUE OF REGISTERED BONDS
Nantes and addresses must be printed or typewritten.
Name in which bonds of this issue shall be registered, and postoffice address for interest checks and mail.
Indicate under appropriate denominations, number of bonds desired.
Amount
$50
$100
$500
$1,000
$5,000
$10,000
XXX
$1(
IB-B-P-S
Application Number
CASH SUBSCRIPTION
BY OTHER THAN A BANKING INSTITUTION
FOR PREFERRED ALLOTMENT
Of United States Government Obligations Described Below
(For subscriptions on which other allotment is desired, use Form IB-B-S)
Dated at.
.1942
Important
Subscriptions for amounts up to and including $5,000 where the subscribers specify that delivery be made in
registered bonds ninety days after the issue date will be given preferred allotment.
A subscriber may enter subscription either for preferred allotment, or for other allotment, but not for both. A
subscriber for preferred allotment will be restricted to one subscription.
This application must be accompanied by payment of 10 percent of the amount applied for.
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. 681, dated February 13, 1942, please enter our
(my) subscription for $
(par value)
UNITED STATES OF AMERICA 2V4 PERCENT TREASURY BONDS OF 1952-55
DATED FEBRUARY 25,1942
DUE JUNE 15,1955
Subscriber hereby specifies that delivery be made in registered bonds ninety days after the date of issue so that this
subscription will be given preferred allotment.
The undersigned subscriber
(a) certifies that this subscription is solely for subscriber's legitimate investment requirement and is within the limitation in amount prescribed by the Treasury; 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
By cash
•
•
Subscriber
(Print name)
TO SUBSCEIBEE:
Mark (X) in proper space
to indicate if this is:
Original subscription
r~|
Confirmation of a telegram
Q
Confirmation of a letter
|_]
Sign here
(Official Signature Required)
Street address
(City, Town or Village, and State)
SPACES BELOW ABE FOE THE USE OF THE FEDEEAL EESEEVE BANK OF NEW TOEK
SUBSCRIPTION RECORD
ALLOTMENT AND PAYMENT
LOTTER
EXAMINED FOR
CLASSIFICATION
ALLOTMENT
JTN ACCOUNT
IECKED
CHECKED
DEPOSIT
CAMINED
CARDED
REFUNDED
3KNOWLEDGED
BALANCE
DISPOSITION
FIGURED CHECKED ADVISED
DATE
DATE
DATE PAID
BY
This form is to be used for subscriptions on which allotment is
desired other than preferred allotment. Form IB-B-P-S should
be used when entering subscriptions for preferred allotment.
IB-B-S
Application Number
CASH SUBSCRIPTION
BY OTHER THAN A BANKING INSTITUTION
To United States Government Obligations
Described Below
Dated at
.1942
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. 681, dated February 13, 1942, please enter our
(my) subscription for $
(par value)
UNITED STATES OF AMERICA 2% PERCENT TREASURY BONDS OF 1952-55
DATED FEBRUARY 25,1942
DUE JUNE 15,1955
The undersigned subscriber
(a) certifies that this subscription is solely for subscriber's legitimate investment requirement and is within the limitation in amount prescribed by the Treasury; 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
By cash
Subscriber . . .
TO SUBSCRIBER:
Mark (X) in proper space
to indicate if this is:
Sign here
Original subscription
Street address.
Confirmation of a telegram
Confirmation of a letter
Q
LJ
•
(Print name)
(Official Signature Required)
(City, Town or Village, and State)
SPACES BELOW ABB FOB THE USE OF THE FEDEBAL BESEBVB BANE OF NEW TOBK
SUBSCRIPTION RECORD
ALLOTMENT AND PAYMENT
BLOTTER
EXAMINED FOR
CLASSIFICATION
ALLOTMENT
3WN ACCOUNT
CHECKED
CHECKED
DEPOSIT
EXAMINED
CARDED
REFUNDED
ACKNOWLEDGED
BALANCE
DISPOSITION
FIGURED CHECKED
ADVISED
DATE
BY
DATE
DATE PAID
BTC-B-P-S
Cash Subscription by Banking Institution
For Preferred Allotment
Application Number
Of United States Government Obligations Described Below
(For subscriptions on which other allotment is desired, use Form BTC-B-S)
Dated at
Important
.1942
Subscriptions for amounts up to and including $5,000 where the subscribers specify that delivery be made in
registered bonds ninety days after the issue date will be given preferred allotment.
A subscriber may enter subscription either for preferred allotment, or for other allotment, but not for both. A
subscriber for preferred allotment will be restricted to one subscription.
FEDERAL RESERVE BANE OP NEW YORK,
Fiscal Agent of the United States,
New York, N.Y.
DEAR SIRS:
Pursuant to the provisions of Treasury Department Circular No. 681, dated February 13, 1942, please enter subscription for
UNITED STATES OF AMERICA 2% PERCENT TREASURY BONDS OF 1952-55
DATED FEBRUARY 25,1942
DUE JUNE 15,1955
as indicated below—
For our own account
$ ______________
For our customers
Total Subscription
.
$ ________________
and in each case subscriber specifies that delivery be made in registered bonds ninety days after the date of issue so that
such subscription will be given preferred allotment.
CLASSIFICATION OF CUSTOMERS' SUBSCRIPTIONS
(For example: Class A —10 at $1,000)
(To
SUBSCRIBER: DO
not show on this form denominations of securities of this issue to be desired on allotment.)
CLASS A
Subscriptions of $1,000 and under
umber ofl
Amount
Leave Blank
ibscript'a |
of Each
Number ofl
Subscript's |
Amount
of Each
Leave Blank
CLASS B l
Subscriptions over $1,000 to $5,000 Inclusive
Number ofl
Amount
I T
_ , , Number of
Subscript's I
of Each
I l**v* Blank Subscript's I
Amount
of Each
Leave Blank
at
at
at
at
at.
at
at
at
at
at
at
at
at
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at
ut
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, ten percent of the amount
applied for, or in the case of individuals so electing, 100 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 investment
requirements, and is within the limitation in amount prescribed by the Treasury; 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 no
arrangements 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 $
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 charge to our reserve account, which you are
authorized to make
By check
•
•
O SUBSCRIBER:
Mark ( X ) in proper apace
to indicate if this i s :
By credit to War Loan Deposit Account
_VBefore signing fill in all required spaces.
(Name of Banking Institution)
By
riginal subscription
(Official tig-nature)
'onfirmation of a telegram
Q]
Confirmation of a letter
Qj
(Title)
Address
(City, Town or Village, and State)
SPACES BELOW ABE FOB THE USE OF THE FEDERAL RESERVE BANK
SUBSCRIPTION.RECORD
ALLOTMENT
PAYMENT
Figured Checked Advised
BLOTTER
EXAMINED FOR
CLASSIFICATION
OWN ACCOUNT
CHECKED
CHECKED
R/A
EXAMINED
CARDED
B/C
ACKNOWLEDGED
DISPOSITION
List of customers' applications included in the foregoing subscription
entered and certified by
(Name of banking institution)
Post office address
Name of customer in which
bonds shall be registered
(.Please print or use typewriter)
Post-Office Address for
interest checks and mail
State.
Amount Subscribed
P
C-B-S
This form is to be used for subscriptions on which allotment is
desired other than preferred allotment. Form BTC-B-P-S should
be used when entering subscriptions for preferred allotment.
Application Number
Cash Subscription by Banking Institution
To United States Government Obligations
Described Below
Dated at
.1942
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. 681, dated February 13, 1942, please enter subscription as follows for
UNITED STATES OF AMERICA 2*4 PERCENT TREASURY BONDS OF 1952-55
DATED FEBRUARY 25, 1942
DUE JUNE 15,1955
(Not to exceed one-half of combined capital
*For our own account (not classified below).. $
and surplus as certified in (c) below).
•For our customers (classified below)
====^^
Total Subscription
$
CLASSIFICATION OF CUSTOMERS' SUBSCRIPTIONS
(For example: Class A — 10 at $1,000)
(To SUBSCRIBER: DO not show on this form denominations of securities of this issue to be desired on allotment.)
CLASS A
Subscriptions of $1,000 and under
lumber of
Amount
Subscript's
of Each
Leave Blank
CLASS Bl
CLASS B2
CLASS C
Subscriptions over $1,000 to $5,000 Inclusive Subscriptions over $5,000 to tlO.OOO Incl. Subscriptions over $10,000 to $50,000 Incl.
Number of I
Amount
Number of I
Amount
Amount
Number of I
Subscript's |
of Each
of Each
Leave Blank Subscript's I
of Each
Leave Blank
Leave Blank Subscript's)
•At
at
at
at
.•it
at
CLASS D
CLASS G
CLASS E
CLASS F
Subscriptions over IM>,000 to $100,000 Incl, Sub's over $100,000 to $500,000 Inclusive Sub's over $500,000 to $1,000,000 Inclusive
Subscriptions of over $1.000.000
t u m b e i •••(
Amount
Amount
Number of I
Amount
Number of I
Number of
Amount
Subscript's !
of Each
Leave Blank Subscript's I
of Each
Leave Blank
of Each
of Each
Leave Blank Subscript's I
Leave Blank Subscript's |
at
at
at
at
at
We 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, ten percent of the amount
applied for, or in the case of individuals so electing, 100 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 investment
requirements, and is within the limitation in amount prescribed by the Treasury; 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 no
arrangements 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 $
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 charge to our reserve account, which you are
authorized to make
r~j
By check
r~]
TO SUBSCRIBER:
Mark (X) in proper space
to indicate if thin is:
Original subscription
Confirmation of a telegram
Confirmation of a letter
By credit to War Loan Deposit Account
3PF~Fill in all required spaces before signing.
(Name of Banking Institution)
Q
Q
f-j
By
(Title)
(Official signature)
Address
(City, Town or Village, and State)
•Noi
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, hut may not bo 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 OF THE FEDERAL RESERVE BANK
SUBSCRIPTION RECORD
BLOTTER
EXAMINED FOR
CLASSIFICATION
OWN ACCOUNT
CHECKED
CHECKED
EXAMINED
CARDED
ACKNOWLEDGED
PAYMENT
ALLOTMENT
Figured I Checked I 5 d vised
DISPOSITION
R/A
B/C
List of customers' applications included in the foregoing subscription
entered and certified by
(Name of banking institution)
Pott office address
Name of Customer
(Plrajt print or ust typewriter)
Address
State.
Amount Subscribed
@FedFRASER