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FEDERAL RESERVE BANK OF NEW YORK F iscal A g e n t o f the U nited States rCircular No. 3 7 8 0 T L November 14, 1951 J SPECIAL OFFERING OF 201-DAY TREASURY BILLS T A X A N T IC IP A T IO N SERIES To all Incorporated Banks and Trust Companies, and Others Concerned, in the Second Federal Reserve D istrict: Following is the text of a statement issued today: Secretary o f the Treasury Snyder announced today that tenders will be accepted on Tuesday, November 20, 1951, o f bids to an issue o f 201-day Treasury bills in the amount o f $1,250,000,000 or thereabouts, to be dated November 27, 1951, and to mature on June 15, 1952. These bills w ill be the second offering o f “ Tax A nticipation Series” Treasury bills which the Secretary in his statement o f October 10,1951, announced would be offered within the next few weeks. F u ll details with respect to the new offering will be released fo r Thursday morning newspapers. The offering circular and tender form fo r these special Treasury bills are enclosed together with the circular and tender form for the regular weekly offering of Treasury bills, the next issue of which is fo r 90 days and is dated November 23, 1951. Two return envelopes fo r tenders are also enclosed. The green envelope marked “ Tender fo r Treasury B ills” should be used to return a tender for the 90day Treasury bills and the white envelope marked ‘ ‘ Tender fo r Treasury Bills— Tax Anticipation Series” should be used to return a tender fo r the 201-day Treasury bills. Please note that the closing date fo r the receipt o f tenders fo r the 90-day Treasury bills is November 19, 1951, and the closing date fo r the receipt o f tenders fo r the 201-day Treasury bills is November 20, 1951. Because o f these different clos ing dates, failure to use the proper return envelope may result in the late receipt of a tender. A llan S pboul, President.
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