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FEDERAL RESERVE BANK OF NEW YORK Certificate* of Indebtedness I" Circular N o . 401 "| Department LSeptember 15, 1921J Subscription Books Closed Three-Year S}4 Per Cent. United States Treasury Notes One-Year 5>£ Per Cent. United States Treasury Certificates Six-Month 5 Per Cent. United States Treasury Certificates Dated and bearing interest from September 15, 1921 To all Banks, Trust Companies, Savings Banks, Bankers, Investment and Principal Corporations in the Second Federal Reserve District: Dealers The Secretary of the Treasury has announced that the combined offering of threeyear 5)A per cent. Treasury notes, dated September 15, 1921, due September 15, 1924, one-year 5J4 per cent. Treasury certificates, dated September 15, 1921, due September, 15, 1922, and six-month 5 per cent. Treasury certificates, dated September 15, 1921, maturing March 15, 1922, closed at noon on Thursday, September 15, 1921, the date of issue. Preliminary reports received by the Treasury Department from the twelve Federal Reserve Banks indicate that the offering of the three issues which was for $600,000,000, or thereabouts, has been heavily oversubscribed. No further subscriptions, therefore, can be received. Very truly yours, B E N J . STRONG, Governor. TO THE INVESTOR: If you desire to purchase certificates or notes of the above issues after the closing of the subscriptions, or certificates or notes of any outstanding issue, you should make application to your own bank, or if it can not obtain them for you, to the Federal Reserve Bank of New York.
@FedFRASER