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

r Circular No. 2 7 8 1 "1
L
March 23, 1944
J

SUBSCRIPTION BOOKS TO CLOSE MARCH 25, 1944
ON EXCHANGE OFFERING OF
% Percent Treasury Certificates of Indebtedness of Series B-1945
Dated April 1, 1944

D u e April 1, 1945

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

In accordance with instructions received today from the Secretary of the Treasury,
the subscription books for the current exchange offering of % percent Treasury
Certificates of Indebtedness of Series B-1945, open to the holders of Treasury Certificates of Indebtedness of Series B-1944, maturing April 1,1944, will close at the close of
business Saturday, March 25, 1944.
Subscriptions addressed to a Federal Reserve Bank or Branch and placed in the
mail before 12 o'clock midnight, Saturday, March 25, 1944, will be considered as
having been entered before the close of the subscription books.
ALLAN

SPROUL,

President.

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