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FEDERAL RESERVE BANK O F N EW YORK Fiscal Agent o f the United States (Circular No. 3 0 4 81 February 17,1983 J RESULTS OF BIDDING FOR TREASURY BILLS DATED FEBRUARY 19, 1953 To all Incorporated Banks and Trust Companies, and Others Concerned, in the Second Federal R eserve D istrict: A t the time o f printing our Circular No. 3947, dated F ebru ary 17, 1953, announcing an offering o f 91-day T reasury bills, to be dated F ebruary 26, 1953, the results o f bidding fo r the previous w eek ’ s issue o f 91-day T reasury bills, to be dated F ebruary 19, 1953, and m aturing M ay 21, 1953, were not available. The results, now available, a re: Total applied for . . $2,291,545,000 Total a ccep ted ......... 1,301,266,000 Average p r i c e ................. 99.500*f- (includes $242,061,000 entered on a non competitive basis and accepted in full at the average price shown below) Equivalent rate o f discount approx. 1.976% per annum Range o f accepted competitive bids: H i g h .............................. 99.520 Equivalent rate o f discount approx. 1.899% per annum Low 99.498 Equivalent rate o f discount approx. 1.986 per annum .............................. (19 percent o f the amount bid for at the low price was accepted) Federal Reserve District Boston ................................................... $ New Y o r k ............................................. Philadelphia ......................................... C lev ela n d ............................................... Richmond ............................................. Atlanta ................................................. Chicago ................................................. St. L o u i s ............................................... Minneapolis ......................................... Kansas City ......................................... D a lla s ...................................................... San F ra n cisco ....................................... Total ............................................. Total Applied fo r 20,738,000 $ 1,527,939,000 30,785,000 56,493,000 18,700,000 42,975,000 268,925,000 54,242,000 17,657,000 54,332,000 60,945,000 137,814,000 $2,291,545,000 Total Accepted 19,938,000 770,454,000 13,880,000 34,673,000 17,700,000 34,926,000 175,969,000 39,431,000 14,742,000 38,394,000 38,925,000 102,234,000 $1,301,266,000 A llan S proul, President.
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