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FED ERAL RESER VE BANK OF NEW YORK Fiscal A g en t o f the U nited States r Circular No. 4 0 1 2 1 L September 2, 19S3 J O FFE R IN G OF 2 % Percent Treasury Certificates o f Indebtedness of Series E-1954, and 2 % Percent Treasury Notes of Series A-1957, Both Dated September 15, 1953 IN E X C H A N G E F O R 2 Percent Treasury Bonds o f 1951-53, Maturing September 15, 1953 To all Banking Institutions, and Others Concerned, in the Second Federal Reserve D istrict: The following statement was made public today: The Treasury today announced the details o f the offering, through the Federal Reserve Banks, o f 2 % percent Treasury Certificates o f Indebtedness o f Series E-1954, and 2 % percent Treasury Notes o f Series A-1957, open on an exchange basis, par fo r par, in authorized denominations, to holders o f 2 percent Treasury Bonds o f 1951-53, dated September 15, 1943, m aturing September 15, 1953, in the amount o f $7,986,242,500. Cash subscriptions will not be received. The certificates now offered w ill be dated September 15,1953, and w ill bear interest from that date at the rate o f 2 % percent per annum, payable at the m aturity o f the certificates on September 15, 1954. They w ill be issued in bearer form only, in denominations o f $1,000, $5,000, $10,000, $100,000 and $ 1,000,000. The notes now offered will be dated September 15, 1953, and will bear interest from that date at the rate o f 2 % percent per annum, payable semiannually on March 15 and September 15 in each year until the principal amount becomes payable. T hey w ill mature M arch 15, 1957. They will be issued in bearer form only, with interest coupons attached, in denominations o f $1,000, $5,000, $10,000, $100,000 and $ 1 ,0 0 0 ,0 0 0 . Subscriptions w ill be received at the Federal Reserve Banks and Branches and at the Office o f the Treasurer o f the United States, W ashington, and should be accom panied by a like face amount o f the bonds to be exchanged. The subscription books will close fo r the receipt o f all subscriptions at the close o f business F riday, September 4. Subscriptions addressed to a Federal Bank or Branch, or to the Treasurer o f the United States, and placed in the mail before m idnight September 4 will be considered as having been entered before the close o f the subscription books. The terms o f this offering are set forth in Treasury Department Circulars No. 928 and N*o. 929, both dated September 2, 1953, copies o f which are printed on the following pages. The subscription books are now open and subscriptions will be received by this Bank as fiscal agent o f the United States. Cash subscriptions will not be received. Exchange subscrip tions should be made on official subscription form s and mailed immediately or, if filed by tele gram or letter, should be confirmed immediately by mail on the form s provided. The subscrip tion books will be closed at the close o f business Friday, September 4. A llan S proul, President. UNITED STATES OF AMERICA 2% P E R C E N T T R E A S U R Y CERTIFICATES O F I N D E B T E D N E S S O F SERIES E-1954 Dated and bearing interest from September 1.5, 1953 Due September 15, 1954 1953 Department Circular No. 9 2 8 TREASU RY DEPARTM ENT, O ffic e o f th e S ecreta ry , Fiscal Service Bureau of the Public Debt I. O F F E R I N G O F C E R T IF IC A T E S 1. The Secretary o f the Treasury, pursuant to the authority o f the Second L iberty B ond A ct, as amended, invites subscriptions, at par, from the people o f the United States fo r certificates o f indebtedness of the United States, designated 2 % percent Treasury Certificates o f Indebtedness o f Series E-1954. in ex change fo r 2 percent Treasury Bonds o f 1951-53, dated September 15,1943, and m aturing September 15,1953. The amount o f the offering under this circular will be limited to the amount o f m aturing bonds tendered in exchange and accepted. 2. In addition to the offering under this circular, holders o f the m aturing bonds are offered the privilege o f exchanging all or any part o f such bonds fo r 2 % percent Treasury Notes o f Series A-1957, which offer ing is set forth in Departm ent Circular X o. 929, issued simultaneously with this circular. II. D E S C R IP T IO N O F C E R T IF IC A T E S 1. The certificates w ill be dated September 15,1953, and will bear interest from that date at the rate o f 2 % percent per annum, payable at the m aturity o f the certificates on September 15, 1954. They will not be subject to call fo r redemption p rior to maturity. 2. The income derived from the certificates shall be subject to all taxes, now or hereafter imposed under the Internal Revenue Code, or laws amendatory or supplementary thereto. The certificates shall be sub je ct to estate, inheritance, g ift or other excise taxes, whether Federal or State, but shall be exempt from all taxation now or hereafter imposed on the principal or interest thereof by any State, or any o f the posses sions o f the U nited States, or by any local taxing authority. A n y premium paid on the acquisition of these certificates in the market may be amortized in accordance with Sec. 125 o f the Internal Revenue Code. 3. The certificates w ill be acceptable to secure de posits o f public moneys. They will not be acceptable in paym ent o f taxes. 4. Bearer certificates with one interest coupon attached will be issued in denominations o f $ 1 ,0 0 0 , $5,000, $10,000, $100,000 and $1,000,000. The certifi cates will not be issued in registered form . 5. The certificates will be subject to the general regulations o f the Treasury Department, now or here after prescribed, governing U nited States certificates. III. S U B S C R IP T IO N A N D A L L O T M E N T 1. Subscriptions w ill be received at the Federal Reserve Banks and Branches and at the Office o f the Treasurer o f the United States, W ashington. Banking institutions generally may submit subscriptions fo r account o f customers, but only the Federal Reserve Banks and the Treasury Department are authorized to act as official agencies. W ashington, Septem ber 2, 1953. 2. The Secretary o f the Treasury reserves the right to reject any subscription, in whole or in part, to allot less than the amount o f certificates applied fo r, and to close the books as to any or all subscriptions at any time without n otice; and any action he may take in these respects shall be final. Subject to these reserva tions, all subscriptions will be allotted in full. A llot ment notices w ill be sent out prom ptly upon allotment. IV . PAYM ENT 1. Payment at par fo r certificates allotted here under must be made on or before September 15, 1953, or on later allotment, and may be made only in Treasury Bonds o f 1951-53, dated September 15, 1943, m aturing September 15, 1953, which will be accepted at par. and should accom pany the subscription. Final interest due September 15 on the m aturing bonds sur rendered will be paid, in the case o f coupon bonds, by payment o f September 15,1953 coupons, which should be detached by holders before presentation o f the bonds, and in the case o f registered bonds, by checks drawn in accordance with the assignments on the bonds surrendered. V. A S S IG N M E N T O F R E G IS T E R E D B O N D S 1. Treasury Bonds o f 1951-53 in registered form tendered in paym ent fo r certificates offered hereunder should be assigned by the registered payees or as signees thereof to “ The Secretary o f the Treasury for exchange fo r Treasury Certificates o f Indebtedness of Series E-1954 to be delivered t o ...................................” , in accordance with the general regulations o f the Treasury Department governing assignments for transfer or exchange, and thereafter should be pre sented and surrendered with the subscription to a Federal Reserve Bank or Branch or to the Office of the Treasurer o f the United States, W ashington. The bonds must be delivered at the expense and risk o f the holders. V I. G E N E R A L P R O V IS IO N S 1. A s fiscal agents o f the U nited States, Federal Reserve Banks are authorized and requested to receive subscriptions, to make allotments on the basis and up to the amounts indicated by the Secretary o f the Treasury to the Federal Reserve Banks o f the respec tive Districts, to issue allotment notices, to receive payment fo r certificates allotted, to make delivery o f certificates on full-paid subscriptions allotted, and they may issue interim receipts pending delivery o f the definitive certificates. 2. The Secretary o f the Treasury m ay at any time, or from time to time, prescribe supplemental or amendatory rules and regulations governing the offer ing, which w ill be communicated prom ptly to the Federal Reserve Banks. G. M . H U M PH R E Y , Secretary o f the Treasury. UNITED STATES OF AMERICA 27/z P E R C E N T T R E A S U R Y N O T E S O F SERIES A-1957 Dated and bearing interest from September 15, 1953 Department TREASU RY DEPARTM ENT, 1953 Circular No. 929 O ffic e o f th e S ecre ta ry , Fiscal Service Bureau of the Public Debt I. O F F E R IN G O F N O T E S 1. The Secretary o f the Treasury, pursuant to the authority o f the Second L iberty B ond A ct, as amended, invites subscriptions, at par, from the people o f the United States for notes o f the United States, designated 2 % percent Treasury Notes o f Series A-1957, in exchange fo r 2 percent Treasury Bonds of 1951-53, dated September 15, 1943, and maturing September 15,1953. The amount o f the offering under this circular will be limited to the amount o f maturing bonds tendered in exchange and accepted. 2. In addition to the offering under this circular, holders o f the m aturing bonds are offered the privilege o f exchanging all or any part o f such bonds for 2 % percent Treasury Certificates o f Indebtedness o f Series E-1954, which offering is set forth in Department Circular No. 928, issued simultaneously with this circular. II. D E S C R IP T IO N O F N O T E S 1. The notes w ill be dated September 15, 1953, and will bear interest from that date at the rate o f 2 % percent per annum, payable semiannually on M arch 15 and September 15 in each year until the principal amount becomes payable. They w ill mature M arch 15, 1957, and will not be subject to call fo r redemption prior to maturity. 2. The income derived from the notes shall be sub ject to all taxes now or hereafter imposed under the Internal Revenue Code, or laws amendatory or supple mentary thereto. The notes shall be subject to estate, inheritance, g ift or other excise taxes, whether Federal or State, but shall be exempt from all taxation now or hereafter imposed on the principal or interest thereof by any State, or any o f the possessions o f the U nited States, or by any local taxing authority. 3. The notes w ill be acceptable to secure deposits o f public moneys. They w ill not be acceptable in p ay ment o f taxes. 4. Bearer notes with interest coupons attached will be issued in denominations o f $1,000, $5,000, $10,000, $100,000 and $1,000,000. The notes will not be issued in registered form. 5. The notes w ill be subject to the general regula tions o f the Treasury Department, now or hereafter prescribed, governing United States notes. III. Due March 15, 1957 S U B S C R IP T IO N A N D A L L O T M E N T 1. Subscriptions will be received at the Federal Reserve Banks and Branches and at the Office o f the Treasurer o f the United States, W ashington. Banking institutions generally may submit subscriptions fo r account o f customers, but onty the Federal Reserve Banks and the Treasury Department are authorized to act as official agencies. W ashington, Septem ber 2, 1953. 2. The Secretary o f the Treasury reserves the right to reject any subscription, in whole or in part, to allot less than the amount o f notes applied for, and to close the books as to any or all subscriptions at any time without n otice; and any action he may take in these respects shall be final. Subject to these reservations, all subscriptions will be allotted in full. Allotment notices w ill be sent out prom ptly upon allotment. IV . PAYM ENT 1. Payment at par fo r notes allotted hereunder must be made on or before September 15, 1953, or on later allotment, and m ay be made only in Treasury Bonds o f 1951-53, dated September 15,1943, maturing September 15, 1953, which w ill be accepted at par, and should accom pany the subscription. Final interest due September 15 on the m aturing bonds surrendered w ill be paid, in the case o f coupon bonds, by payment o f September 15, 1953 coupons, which should be detached by holders before presentation o f the bonds, and in the case o f registered bonds, by checks drawn in accordance with the assignments on the bonds sur rendered. V. A S S IG N M E N T O F R E G IS T E R E D B O N D S 1. Treasury Bonds o f 1951-53 in registered form tendered in paym ent fo r notes offered hereunder should be assigned by the registered payees or as signees thereof to “ The Secretary o f the Treasury for exchange fo r Treasury Notes o f Series A-1957 to be delivered to .............................................” , in accordance with the general regulations o f the Treasury D epart ment governing assignments fo r transfer or exchange, and thereafter should be presented and surrendered with the subscription to a Federal Reserve Bank or Branch or to the Office o f the Treasurer o f the United States, W ashington. The bonds must be delivered at the expense and risk o f the holders. V I. G E N E R A L P R O V IS IO N S 1. As fiscal agents o f the United States, Federal Reserve Banks are authorized and requested to receive subscriptions, to make allotments on the basis and up to the amounts indicated by the Secretary o f the Treasury to the Federal Reserve Banks o f the respec tive Districts, to issue allotment notices, to receive payment fo r notes allotted, to make delivery o f notes on full-paid subscriptions allotted, and they may issue interim receipts pending delivery o f the definitive notes. 2. The Secretary o f the Treasury may at any time, or from time to time, prescribe supplemental or amendatory rules and regulations governing the offer ing. which will be communicated prom ptly to the Federal Reserve Banks. G. M. HUMPHREY, S ecretary o f the Treasury. ESN 1 Subscription Number (SU BM IT W IT H D U PL IC A T E W H IT E C O PY) United States of America 2 percent Treasury Bonds of 1951-53, maturing September 15, 1953, must be tendered in payment for this subscription. EXCHANGE SUBSCRIPTION For United States of America 2 % Percent Treasury Notes of Series A-1957 Dated September 15, 1953 Due March 15, 1957 Important 1. Please do not aubmit registered and coupon bonds on the same subscription. 2. Coupons due September 15, 1953 should be detached from coupon bonds tendered in payment for this subscription and collected in the usual manner. 3. Final interest on registered bonds to September 15, 1953 will be paid in accordance with the assignments on the bonds surrendered. F e d e r a l R e serve B a n k of Ne w Y ork, Dated at Fiscal Agent o f the United States, Federal Reserve P. 0 . Station, New York 45, N. Y. .1953 D ear S ir s : Subject to the provisions o f Treasury Department Circular No. 929, dated September 2, 1953, the undersigned hereby subscribes for United States o f America 2~/g percent Treasury Notes of Series A-1957, as follows: F or own a c c o u n t...................................................................................................................................... $................................. F or our customers (fo r use o f banking institutions) as shown on reverse side ................... $................................. Total subscription.............................................................. $................................. and tenders in payment therefor a like par amount of United States o f America 2 percent Treasury Bonds o f 1951-53, maturing September 15, 1953, delivered as follows: □ In coupon form □ In registered form Delivered to you h e rew ith .................................................................................................................... $................................. To be withdrawn from securities held by y o u .................................................................................. $................................. To be delivered b y .................................................................................................................................... $................................. Pay interest due September 15, 1953 on registered bonds as follows: B y c h e c k ............................... □ B y credit to ou r reserve a c c o u n t................................... □ BONDS SU RREN D ERED NOTES D E SIR E D ( List serial numbers on reverse side) Denomi nation ecea $ Denomi Face amount (Leave this space blank) Pieces nation 500 Face amonnt (Leave this space blank) Xz 1,000 $ 1,000 5,000 5,000 10,000 10,000 100,000 100,000 1,000,000 1,000,000 TOTAL TOTAL ------- Dispose o f securities issued, as follow s: 1. Deliver over the counter to the undersigned 2. H old in safekeeping (fo r member bank only) 3. H old as collateral for Treasury Tax and Loan Account gn ed h ereb y certifies that the securities to be o f as in d ica ted in item 2 or 3 a b ov e are the o f the u ndersigned. □ □ 4. Ship to the undersigned 5. Special instructions: (I M P O R T A N T : N o changes in d elivery instructions w ill b e a cce p te d . A separate su b scrip tion must be subm itted fo r each grou p o f securities as to w h ich differen t d eliv ery instructions are g iv e n .)______________________________ Submitted by The subscription books will close at the close of business September 4 , 1953. (Please print) By.............. (Official signature required) (T itle) A ddress................................................................................................ (S p a ce s b elow are fo r the use o f the Federal R eserve Bank o f N ew Y o r k ) G overn m en t B ond V a u lt R ecord S a f e k e e p in g R ecord Received Counted Received Checked Checked Checked and delivered Received from F e d e r a l R e s e r v e B a n k o r N e w Y o r k the above described United States obligations in the amount subscribed for. List of customers included in the foregoing subscription (Leave this space blank) Amount Subscribed Name of Customer (Please print or typewrite) Address ES N 2 (D U P L IC A T E COPY FO R USE OP F E D E R A L R E SE R V E BAN K OF N EW Y O R K ) SubscriPtion Number United States of America 2 percent Treasury Bonds of 1951-53, maturing September 15, 1953, must be tendered in payment for this subscription. EXCHANGE SUBSCRIPTION For United States of America 2 % Percent Treasury Notes of Series A-1957 Dated September 15, 1953 Due March 15, 1957 Im p orta n t 1. Please do not submit registered and coupon bonds on the same subscription. Coupons due September 15, 1953 should be detached from coupon bonds tendered in payment for this subscription and collected in the usual manner. 3 . Final interest on registered bonds to September 15, 1953 will be paid in accordance with the assignments on the bonds surrendered. 2. F e d e r a l R eserve B a n k of N e w Y ork, Dated at Fiscal Agent o f the United States, Federal Reserve P. 0 . Station, New York 45, N. Y. .1953 D ear S ir s : Subject to the provisions of Treasury Department Circular No. 929, dated September 2, 1953, the undersigned hereby subscribes for United States o f America 2 % percent Treasury Notes of Series A-1957, as follows: F or own a c c o u n t...................................................................................................................................... $................................. F or our customers (fo r use o f banking institutions) as shown on reverse side ................... $................................. Total subscription.............................................................. $................................. and tenders in payment therefor a like par amount of United States o f America 2 percent Treasury Bonds o f 1951-53, maturing September 15, 1953, delivered as follows: □ In coupon form □ In registered form Delivered to you herewith ................................................................................................................... $................................. To be withdrawn from securities held by y o u ................................................................................... $................................. To be delivered b y .................................................................................................................................... $................................. P ay interest due September 15, 1953 on registered bonds as follow s: B y c h e c k ............................... □ B y credit to our reserve a c c o u n t ................................... □ BONDS SU RREN D ERED NOTES D E SIR E D (List serial numbers on reverse side) eces Denomi nation $ Face amount (Leave this space blank) Denomi nation Pieces 500 (Leave this space blank) Face amount z X 1,000 $ 5,000 1,000 5,000 10,000 10,000 100,000 100,000 1,000,000 1,000,000 TOTAL TOTAL Dispose o f securities issued, as follow s: ] 1. Deliver over the counter to the undersigned ] 2. H o ld in safekeeping (fo r member bank only) ] 3. H old as collateral for Treasury Tax and Loan Account u n d ersig n ed h ereb y certifies that th e securities to be o f as in d ica ted in item 2 o r 3 a b o v e are the sole p r o p e rty o f the u ndersigned.___________________________ □ □ 4. Ship to the undersigned 5. Special instructions: (I M P O R T A N T : N o ch anges in d elivery instructions w ill be a cce p te d . A sepa ra te su b scrip tion must b e subm itted fo r each grou p o f securities aa to w h ich d ifferen t d eliv ery instructions are g iv en .)______________________________ Submitted by The subscription books will close at the close o f business September 4 , 1953. By.............. • (Please print) (Official signature required) (Title) Address (S p a c e s b e lo w a re f o r th e use o f the F ed eral R eserve Bank o f N ew Y o r k ) G o v e r n m e n t B ond V a u l t R ecord S a fe k e e pin g R ecord Received Counted Received Checked Checked Checked and delivered Received from F e d e r a l R e s e r v e B a n k op N e w Y o r k the above described United States obligations in the amount subscribed for. (Important— Please do not submit registered and coupon bonds on the same subscription.) D EN OM IN ATIONS AN D SE R IA L NUM BERS OP BONDS SURRENDERED List o f customers included in the foregoing subscription (Ltave this space blank) Amount Subscribed Name of Customer (Please print or typewrite) Address ESC 1 Subscription Number (SUBM IT W IT H D U PL IC A T E W H IT E C O PY) United States of America 2 percent Treasury Bonds of 1951-53, maturing September 15, 1953, must be tendered in payment for this subscription. EXCHANGE F o r U n it e d S t a t e s o f A m e r i c a Important 2% S U B S C R IP T IO N P e r c e n t T r e a s u r y C e r t i fi c a t e s o f I n d e b t e d n e s s o f S e r ie s E -1 9 5 4 D a ted S e p te m b e r 1 5 , 1 9 5 3 D u e S ep te m b e r 15, 1 9 5 4 1. Please do not submit registered and coupon bonds on the same subscription. 2. Coupons due September IS, 1953 should be detached from coupon bonds tendered in 3. Final interest on registered bonds to September 15, 1953 will be paid in accordance F e d e r a l R eserve B a n k of N e w Y o r k , F is c a l A g e n t o f th e U n ite d States, F e d e r a l R eserv e P . 0 . S ta tion , N ew Y o r k 45, N . Y . D ear S i r s : payment for this subscription and collected in the usual manner. with the assignments on the bonds surrendered. n , a e a ................................................................................... 10_ 0 ..............................................................................................iy 5 d S u b je c t to the p ro v isio n s o f T rea su ry D ep a rtm en t C irc u la r N o. 928, da ted S ep tem b er 2, 1953, the u n d ersign ed h ereby su b scrib es f o r U n ited States o f A m e rica 2 % p e rce n t T re a su ry C ertificates o f In debtedn ess o f S eries E -1954, as fo llo w s : F o r ow n a c c o u n t .......................................................................................................................................................... $ ...................................... F o r o u r cu stom ers ( f o r use o f ba n k in g in stitu tion s) as show n on reverse side ..................... $ ...................................... T ota l s u b s c r ip t io n ....................................................................... $ ...................................... a n d ten ders in p a y m e n t th e re fo r a like p a r a m ou n t o f U n ite d States o f A m erica 2 p e rce n t T rea su ry B o n d s o f 1951-53, m a tu rin g S ep tem b er 15, 1953, d elivered as fo llo w s : □ I n c o u p o n fo r m □ I n r e g is te r e d fo r m D e liv e re d to y o u h e r e w i t h ..................................................................................................................................... $ ...................................... T o be w ith d ra w n fr o m secu rities h eld b y y o u ............................................................................................... $ ...................................... T o be d e liv e re d b y ........................................................................................................................................................ $ ...................................... P a y in terest due S ep tem b er 15, 1953 on registered b on ds as f o llo w s : B y c h e c k ................................. .. □ B y cre d it to o u r reserve a c c o u n t ......................................... □ BONDS SU RRENDERED (List serial numbers on reverse side) Denomi nation ices $ C E R T IF IC A T E S DESIRED ( Leave this space blank) Face amount Pieces Denomi nation 500 Face amount ( Leave this space blank) XX $ 1,000 1 ,0 0 0 ------5,000 5,000 1 0 ,0 0 0 10,0 00 h-- *;; ioo,ooo 100 ,00 0 "• , 0 0 0 ,0 0 0 1 ,0 0 0 ,0 0 0 TOTAL TO T A L L| ' S • 1 J.ispose of securities issued, as follows: tk Deliver over the counter to the undersigned I5— Told in safekeeping (for member bank only) | y.' ilold as collateral for Treasury Tax and Loan Account n de rsig n e d h ereb y certifies that the secu rities to b e d o f as in d ica ted in item 2 or 3 a b o v e are the p e rty o f the u ndersigned._____________________________ □ 4. Ship to the undersigned □ 5. Special instructions: (I M P O R T A N T : N o changes in delivery instructions w ill be a cce p te d . A separate subscrip tion must b e subm itted fo r each grou p o f securities as to w hich d ifferen t d eliv ery instructions are g iv e n .)______________________________ Submitted by subscription books J (Please print) will (Official signature required) Jptember 4 , 1953. (Title) (S p a ce s b e lo w are f o r the use o f the F ed eral R eserve Bank o f N ew Y o r k ) ovkrw m en t f a B ond V a u l t R ecord S a fe k e e pin g R ecord **oc«-ived Counted Received Checked Checked Checked and delivered Received from F e d e r a l R e s e r v e B a n e o r N e w Y o r k the above described United States obligations in the amount subscribed for. ( Im p orta n t Pleaae do not submit registered and coupon bonds on the same subscription.) DENOM INATIONS AN D S E R IA L NUMBERS OF BONDS SU RRENDERED List of customers included in the foregoing subscription ( Leave this •Poet blank) A m o u n t S u b scrib ed N am e o f C u stom er ( Please print or typewrite) Address ES C 2 (D U P L IC A T E C O PY FO R USE OF F E D E R A L R E SE R V E B A N K OF N EW Y O R K ) Subscription Number United States of America 2 percent Treasury Bonds of 1951-53, maturing September 15, 1953, must be tendered in payment for this subscription. EXCHANGE SUBSCRIPTION For United States of America 2 % Percent Treasury Certificates of Indebtedness of Series E-1954 Important Dated September 15, 1953 Due September 15, 1954 1. P le a s e d o n o t s u b m it r e g is t e r e d a n d c o u p o n b o n d s o n t h e s a m e s u b s c r ip tio n . 1 5 , 1 B 5 3 s h o u ld b e d e ta c h e d fr o m c o u p o n b o n d s te n d e r e d in p a y m e n t f o r th is s u b s c r ip tio n and c o lle c t e d in th e u su a l m an n er. F in a l in t e r e s t on r e g is t e r e d b o n d s t o S e p te m b e r I S , 1 9 5 3 w ill be p a id in a c c o r d a n c e w ith th e a s s ig n m e n t s o n th e b o n d s su rre n d e re d . 2. C o u p o n s d u e S e p te m b e r 3. F e d e r a l R eserve B a n k op Ne w Y ork, Fiscal Agent of the United States, Federal Reserve P. 0. Station, New York 45, N. Y. Dated at.......................... .............................. D ear S ir s : Subject to the provisions of Treasury Department Circular No. 928, dated September 2, 1953, the undersigned hereby subscribes for United States of America 2% percent Treasury Certificates of Indebtedness of Series E-1954, as follows: For own account.................................................. $........ .... For our customers (for use of banking institutions) as shown on reverse side ....... $............ Total subscription....................... $............ and tenders in payment therefor a like par amount of United States of America 2 percent Treasury Bonds of 1951-53, maturing September 15, 1953, delivered as follows: □ In coupon form □ In registered form Delivered to you herewith........................................... $............ To be withdrawn from securities held by you.............................. $............ Pay interest due September 15, 1953 on registered bonds as follows: By check........... □ By credit to our reserve account............. □ BONDS SURRENDERED CERTIFICATES DESIRED (List serial numbers on reverse side) Denomi nation Bees $ Face amount (Leave this space blank) Face amount (Leave this space blank) XX 500 1,000 * - 5,000 pr Denomi nation Pieces 1,000 5,000 10,000 10,000 100,000 100,000 1,000,000 1,000,000 TOTAL TOTAL . — □ 4. Ship to the undersigned J 5. Special instructions: Dispose of securities issued, as follows: 2 1. Deliver over the counter to the undersigned ] 2. Hold in safekeeping (for member bank only) 2 3. Hold as collateral for Treasury Tax and Loan Account (I M P O R T A N T : N o ch a n ges in d eliv ery instructions w ill b e a cce p te d . A separate su b scrip tion must b e subm itted f o r each grou p o f securities as to w hich d ifferen t d e liv e ry instructions are g iv en .)______________________________ \ e u n dersign ed h ereb y certifies that the secu rities to be >osed o f as in d ica te d in item 2 o r 3 a b o v e are the e p ro p e rty o f the u n dersign ed Subm itted b y . . (Please print) The subscription books will close at the close of business September 4 , 1953. B y ......................... (Official signature required) (Title) (S p a ce s b elow are fo r the use o f the Federal R eserve Bank o f N ew Y o r k ) G o v h b n m k n t B ond V a u l t R ecord S a fe ke epin g R ecord B eceived Counted R eceived Checked Checked Checked and delivered R eceived from F ederal R eserve B a n k o r N ew Y ork the above described U nited S tates ob lig a tion s in the am ount su bscribed fo r. ( Im p orta n t — Please do not submit registered and coupon bonds on the same subscription.) DEN OM IN ATIONS AND SE R IA L NUMBERS OF BONDS SU RRENDERED List of customers included in the foregoing subscription (L ea v e this space blank) A m o u n t S u b scrib ed N am e o f C u stom er ( Please print or typewrite) Address Federal Reserve Bank of New York NON-NEGOTIABLE RECEIPT TO. No. Date. Receipt is acknowledged of— $..................... (N o te: If the securities you subscribed for are to be delivered at the Federal Reserve Bank of N ew York over the counter to your representative, the following authority should be executed.) par amount of 2% TREASURY BONDS OF 1951-53 F ederal R eserve B a n k of N e w Y o r k : Y o u are h ereby a u th orized to deliver to tendered in payment of your exchange subscription for a like par amount of □ 2 % % TREAS. CERT. OF IND. SERIES E-1954 (Name of representative) w h ose signatu re appears b e lo w $ ........................................ par am ount o f the securities issued in e x ch a n g e fo r the securities c o v e re d b y this receipt. □ 2 % % TREAS. NOTES SERIES A-1957 FEDERAL RESERVE BANK OF N E W Y O R K Fiscal Agent of the United States Government Bond Department Issues and Redemption Section http://fraser.stlouisfed.org/ Teller Federal Reserve Bank of St. Louis (Please print) (Official signature required) (Signature of authorized representative) Federal Reserve Bank o f N ew Y ork A C K N O W L E D G M E N T OF E XCHA NGE SUBSCRIPTION No. t\ V ' TO................................ Receipt is acknowledged of your subscription for $.................... exchanging a par amount of— 2% TREASURY BONDS OF 1951-53 for a like par amount of— □ 2 % % TREAS. CERT. OF IND. SERIES E-1954 □ 2y8% TREAS. NOTES SERIES A-1957 FEDERAL RESERVE B A N K OF N E W Y O R K Fiscal Agent of the United States Government Bond Department Issues and Redemption Section http://fraser.stlouisfed.org/ Teller Federal Reserve Bank of St. Louis ____ i __ K Date...... PENDING TICKET No. Date.. TO. Receipt is acknowledged of— $.................................................. par amount of 2% TREASURY BONDS OF 1951-53 tendered in payment of your exchange subscription for a like par amount of □ 2 % % TREAS. CERT. OF IND. SERIES E-1954 □ 2 % % TREAS. NOTES SERIES A-1957 Federal Reserve Bank o f N ew York A C K N O W L E D G M E N T OF EXCHAN GE SUBSCRIPTION (Security Files Record) T O ................................ Receipt is acknowledged of your subscription for $.................... exchanging a par amount of— 2% TREASURY BONDS OF 1951-53 for a like par amount of— □ 2 % % TREAS. CERT. OF IND. SERIES E-1954 □ 2"/8% TREAS. NOTES SERIES A-1957 FEDERAL RESERVE B A N K OF N E W Y O R K FiscalAgent of the United States Government Bond Department Issues and Redemption Section Teller No.. Date... No. SE C U R IT Y FILES DUE CUSTOMERS IN Date. Receipt is acknowledged of- par amount of 2 % T R E A S U R Y BONDS OF 1951-53 tendered in payment of your exchange subscription for a like par amount of □ 2 y8 % T R E A S. C E RT. OF IND. SERIES E-1954 □ 2 78% TR E A S. NOTES SERIES A-1957 i ; SE C U R IT Y FILES DUE CUSTOMERS OU T No. Date. Receipt is acknowledged of- par amount of 2 % TREASURY BONDS OF 1951-53 tendered in payment of your exchange subscription for a like par amount of □ 2% % TREAS. CERT. OF IND. SERIES E-1954 □ 2y8% TREAS. NOTES SERIES A-1957