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FEDERAL RESERVE BANK
OF NEW YORK

|~ Circular No. 372
L May 16, 1921

Certificates of Indebtedness
Department

Subscription Books Closed
United States of America 5% Per Cent. Treasury Certificates of Indebtedness
Series A 1922
Dated and bearing interest from May 16, 1921

Due February 16, 1922

To all Banks, Trust Companies, Savings Banks, Bankers, Investment Dealers
and Principal Corporations in the Second Federal Reserve District:
The Secretary of the Treasury has announced that subscriptions to the offering of
Treasury certificates of indebtedness, Series A-1922, dated and bearing interest at 5}4
per cent, from M a y 16, 1921, maturing on February 16, 1922, closed at the close of business on Monday, May 16, 1921, the date of issue.
Preliminary reports received by the Treasury Department from the twelve Federal
Reserve Banks indicate t h a t the issue which was for $200,000,000, or thereabouts, has
been heavily oversubscribed.
No further subscriptions, therefore, can be received.
Very truly yours,
BENJ.

STRONG,
Governor

TO T H E INVESTOR:
If you desire to purchase certificates of the above issue after the closing of the subscriptions, or certificates of any outstanding issue, you should make application to your own bank or,
if it cannot obtain them for you, to the Federal Reserve Bank of New York.