The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
F E D E R A L R E S E R V E BAN K OF NEW YORK Fiscal A gent of the United States r Circular No. 4 0 7 9 1 L February 26, 19S4 J Deposits o f March Tax Collections in Treasury Tax and Loan Accounts T o all Treasury T ax and Loan D epositaries in th e Second F ederal R eserve D istrict: The Treasury has announced that Directors of Internal Revenue will be instructed to make special deposits with Federal Reserve Banks, during the period March 1 through April 7, 1954, of checks of $10,000 or more representing payments of individual or corpo rate income taxes, excess profits taxes, interest, or penalties, including deficiencies and payments of estimated taxes. The Treasury has also announced that drawee banks quali fied as Special Depositaries of Public Moneys may receive 50 per cent of these remittances for deposit in their Treasury Tax and Loan Accounts. We will prepare daily a special form of cash letter, with an attached certificate form, for the March tax collections that are included in the special deposits of the Directors of Internal Revenue during the period. Until further notice, the amount shown in the certificate will be for 50 per cent of the amount of those checks eligible for credit to Treasury Tax and Loan Accounts. Special depositaries, wishing to accept funds equal to 50 per cent of the amount of the cash letter for deposit in their Treasury Tax and Loan Accounts, should execute and return the certificate attached to the cash letter, in accordance with the instruc tions contained in the letter. Withdrawals from funds arising from the March tax payments in the Tax and Loan Accounts will be made as required by the needs of the Treasury. Additional copies of this circular will be furnished upon request. A llan S proul, President. (SUBM IT W IT H DUPLICATE) W H IT E COPY) C I -T X 1 REQUEST FOR REDEMPTION OF 2 % % TREASURY CERTIFICATES OF INDEBTEDNESS OF SERIES C-1954, DUE MARCH 22, 1954, AND FOR APPLICATION OF PROCEEDS TO PAYMENT OF INCOME TAXES DUE MARCH 15, 1954 F R eserve B a n k of N e w Y o rk, Date...................................................................... , 1954 Fiscal Agent o f the United States, Federal Reserve P. 0 . Station, New York 45, N. Y. Attention: Government Bond Department— 2nd Floor ederal The undersigned herewith presents and surrenders the following described 2 ^ % TREASURY CERTIFICATES OF INDEBTEDNESS OF SERIES C-1954, dated July 15,1953, due March 22,1954, in payment of taxes due on March 15,1954: ieces Denomi nation $ F a ce amount Interest due L ist serial numbers ( L e a v e this sp a ce blan k) ( I f sp a ce is n o t su fficien t, u se back o f f o r m .) 1,000 5,000 10,000 100,000 1,000,000 Totals PAYM ENT INSTRUCTIONS Credit the total proceeds of the redemption of the certificates of indebtedness described above on March 15, 1954 to the Director of Internal Revenue at— Interest X X Total proceeds C AU TIO N (Street Address) As a protection to the sender, ship ments o f bearer securities by mail should be registered and insured. (City, Zone No., and State) for account of taxpayer indicated below. Name of taxpayer....... (Print tame name that appears on tax return) Address of taxpayer... (City, Zone No., and State) (Street Address) Signature of taxpayer.. (Not required when application is submitted on behalf of the taxpayer by an agent.) Request submitted by. (Name of Agent) (Street Address) (City, Zone No., and State) By. (Title) (Official signature required) (Space below for use o f Federal Reserve Bank o f New Y o rk ) Received Securities verified and recorded B eceipt prepared R eceipt verified (DUPLICATE COPY FOB USE OF FEDERAL RESERVE BANK OF NEW YORK) C I -T X 1 REQUEST FOR REDEMPTION OF 2 % % TREASURY CERTIFICATES OF INDEBTEDNESS OF SERIES C-1954, DUE MARCH 22, 1954, AND FOR APPLICATION OF PROCEEDS TO PAYMENT OF INCOME TAXES DUE MARCH 15, 1954 F R eser v e B a n k o f N e w Y o r k , Date......................................................................., 1954 Fiscal Agent o f the United States, Federal Reserve P. 0 . Station, New York 45, N. Y. Attention: Government Bond Department— 2nd Floor ederal The undersigned herewith presents and surrenders the following described 2 ^ % TREASU RY C E R TIFIC A TE S OF IN DEBTEDNESS OF SERIES C-1954, dated July 15,1953, due March 22,1954, in payment of taxes due on March 15,1954: ieces D enom i nation $ F ace amount Interest due (Leave this space blank) L is t serial numbers ( I f space is not sufficient, use back of form.) 1,000 5,000 10,000 100,000 1,000,000 Totals PAYM ENT INSTRUCTIONS Credit the total proceeds of the redemption of the certificates of indebtedness described above on March 15, 1954 to the Director of Internal Revenue at— Interest X X Total proceeds CAU TIO N (Street Address) As a protection to the sender, ship ments o f bearer securities by mail should be registered and insured. (City, Zone No., and State) for account of taxpayer indicated below. Name of taxpayer............................................................................................................................................. (Print same name that appears on tax return) Address of taxpayer........................................................................................................................................ (City, Zone No., and State) (Street Address) Signature of taxpayer...................................................................................................................................... (Not required when application is submitted on behalf of the taxpayer by an agent.) Request submitted by..................................................................................................................................... (Name of Agent) (Street Address) (City, Zone No., and State) By................................................................................................................. ..... (Title) (Official signature required) (Space below for use o f Federal Reserve Bank o f New Y ork ) Received Securities verified and recorded R eceipt prepared R eceipt verified R E C E IPT F O R T R E A S U R Y CERTIFICATES OF INDEBTEDNESS F.R.B.NY. Transaction No........... New York, N. Y. D a te ........................... To the Director of Internal Revenue, Treasury Certificates of Indebtedness, Series............................., aggregating $..................................in principal and accrued interest to maturity (see detail below) have been presented to and are held by this Bank for redemption and application of the proceeds in payment of taxes due ............................................................................................................. (Date) from ........................................................................................................................................................................................................................................................... (Name of Taxpayer) (Address of Taxpayer) Serial Nos. Accrued interest to maturity Principal $ Total principal and interest $ $ F ederal R ese r v e B a n k of New Y ork Fiscal Agent of the United States Delivered b y .................................................................... per p r o ..................................................... G o v e r n m e n t B ond D TA X PA Y E R NAMED SHOULD ATTACH THIS COPY TO INCOME epartm ent 1 TA X RETURN FILED W ITH DIRECTOR OF INTERNAL REVENUE ADDRESSED RECEIPT FOR TREASURY CERTIFICATES OF INDEBTEDNESS F.R.B.N.Y. Transaction N o.... New York, N. Y. D a te.................... To the Director of Internal Revenue, Treasury Certificates of Indebtedness, Series......................... aggregating $.......................................in principal and accrued interest to maturity (see detail below) have been presented to and are held by this Bank for redemption and application o f the proceeds in payment of taxes d u e ................... j........................................................................................ (Date) from .....................................................................................................J....................................................................................................... (Name of Taxpayer) (Address of Taxpayer) Serial Nos. Principal Accrued interest j to maturity Total principal and interest F e d e r a l R eserv e B a n k op N ew Y o rk Fiscal Agent of the United States Delivered b y ................................................................ . 2 • per p r o ................................................ G overn m en t B ond D epartm ent TA X PA Y E R SHOULD RETAIN THIS COPY FOR HIS RECORDS I R E C E IP T F O R T R E A S U R Y CERTIFICATES OF INDEBTEDNESS F.R.B.NY. Transaction No........... New York, N. Y. Date............... To the Director of Internal Revenue, Treasury Certificates of Indebtedness, Series aggregating $................................. in principal and accrued interest to maturity (see detail below) have been presen fed d to and are held by this Bank for redemption and application of the proceeds in payment of taxes due (Date) from (Name of Taxpayer) (Address of Taxpayer) Serial Nos. Principal Accrued interest to maturity Total principal and interest F e d e ra l R eserve B a n k op N ew Y o rk Fiscal Agent of the United States Delivered by per pro ..................................................... G o v er n m en t TO BE RETAINED BY DEPOSITING BANK B ond D epa r t m en t » > RECEIPT FOR TREASURY CERTIFIC ATES OF INDEBTEDNESS F.R.B.N.Y. Transaction N<>.......................................... New York, N. Y. VvDate.......................................................... To the Director of Internal Revenue, Treasurv Certificates of Indebtedness. Series.......................... , aggregating $................................. in principal and accrued interest to maturity (see detail below) have been present ed to and are held by this Bank for redemption and (Date) (Name of Taxpa er) (Address of Taxp rer) Serial Nos. Accrued interest to maturity Principal $ Total principal and interest $ $ A F e d e ra l R eserve B a n k o f N ew Y o rk Fiscal Agent of the United States Delivered by p er p r o ............................................................ . G SECURITY FILES DUE CUSTOMERS IN o v er n m en t B o nd D epa r t m en t R E C E IPT F O R T R E A S U R Y CERTIFICATES O F INDEBTEDNESS F.R.B.NY. Transaction No........... New York, N. Y. Date........................... To the Director of Internal Revenue, Treasury Certificates of Indebtedness, Series........................ 'ating $................................. in principal and accrued interest to maturity (see detail below) have been presente I to and are held by this Bank for redemption and application of the proceeds in payment of taxes due .................. from ............. (Name of Taxpay (Address of Taxpa; Serial Nos. Principal (Date) .................... 4 ............. Accrued interest to maturity Total principal and interest F e d e ra l R eserve B an k o f N ew Y o rk Fiscal Agent of the United States Delivered by 5 4 per pro ..................................................... G SECURITY FILES DUE CUSTOMERS OUT o v er n m en t B ond D epa r t m en t F e d e r a l R e se r v e B a n k op N ew Y ork NOTICE OF A LLO TM E N T OF UNITED STATES OF AMERICA TREASURY BILLS T A X ANTICIPATION SERIES March 17, 1954. Your tender at (rate per 100) has been accepted in the amount of $ (maturity value) for Treasury bills, Tax Anticipation Series, dated March 22, 1954 and maturing on June 24, 1954. Settlement therefor must be made in casli or other immediately available funds at the Federal Reserve Bank o f New York on or before March 22, 1954. To obtain delivery of the Treasury bills, please complete both copies of the attached Letter o f Instructions, and return them promptly to the Federal Reserve Bank of New York. If settlement is to be made by check on a bank other than the Federal Reserve Bank of New York, the check should be received by us in time for collection on date bills are issued, otherwise it will be necessary for the bidder to pay for the bills allotted at the price computed on the rate of discount on such bills to the date of collection. F ederal R e ser v e B a n k op N ew Y ork Fiscal Agent of the United States. Checked by TH IS L E T T E R OF INSTRUCTIONS (ACCOM PANIED B Y A TTA C H E D D U PLICATE Y ELLO W CO PY) TO BE F IL L E D IN AND RETURNED TO F E D E R A L RESE RVE BANK OF N EW YORK TAB To F L E T T E R OF INSTRUCTION S ederal R eser v e B ank of New Y ork, Fiscal Agent of the United States, Government Bond Department, New York 45, N. Y. From (Date) Referring to our tender at (rate per 100) which has been accepted in the amount o f $ (maturity value) for Treasury bills, Tax Anticipation Series, dated March 22, 1954 and maturing on June 24, 1954, please issue and make delivery o f the bills in the denominations as instructed below. Settlement will be made as indicated below: By cash $............................ By check in funds available on issue date $............................ By charge to our reserve account, which you are authorized to make . . . $............................ (Payment cannot be made through Treasury Tax and Loan Account) Issue Bills in the F ollow ing Denominations Pieces Denomination ( P lease D o N ot U se T h is S pace ) Numbers M aturity Value D ispose □ 1,000 □ □ 5,000 10,000 □ 100,000 □ 500,000 op B ill s A s I ndicated B elow 1. Deliver over the counter to the undersigned 2. Ship to the undersigned 3. H old in safekeeping ( f o r member bank on ly) 4. H old as collateral fo r Treasury Tax and Loan Account 5. Special instructions: 1,000,000 Totals------- IMPORTANT: No changes in delivery instructions will be accepted. Th e undersigned, if a bank or trust company, hereby certifies that the Treasury bills which you are hereby instructed to dispose o f in the manner indicated in items numbered 3 and 4 above are the sole property o f the undersigned. (F ill in all required spaces before sign in g) Name o f Su bscriber.................................................................................................................................................... (Please Print) B y .............................................................................. ............................................... (Official signature required) ...................... ........................ (Title) Street address ............................................................................................................................................................... City, Tow n or Village, P . O. No., and S ta te................................ Spaces below are for the use o f Federal Reserve Bank o f New York Security Custody Department Government Bond Department Safekeeping Department Paym ent received sig n e d : Taken from v a u l t ........................................................ Deliver against payment Counted .......................................................................... Checked .......................................................................... .......... o f $ ...................................... sign ed : D E L IV E R Y R E C E IP T Received from Federal Reserve Bank o f New Y ork, Fiscal A gen t o f the United States, the above described Treasury bills allotted in the amount indicated above. Date Subscriber (D U PLICATE FO R USE OF F E D E R A L RESER VE B A N K OF N E W Y O R K ) TAB To F L E T T E R OF INSTRU CTION S ederal R ese rv e B ank of New Y ork, Fiscal Agent of the United States, Government Bond Department, New York 45, N. Y. From (Date) Referring to our tender at (rate per 100) which has been accepted in the amount o f $ (maturity value) for Treasury bills, Tax Anticipation Series, dated March 22, 1954 and maturing on June 24, 1954, please issue and make delivery o f the bills in the denominations as instructed below. Settlement will be made as indicated below: B y cash $............................ B y check in funds available on issue date $............................ By charge to our reserve account, which you are authorized to make . . . $............................ ( Payment cannot be made through Treasury Tax and Loan Account) Issue Bills in the Follow ing Denominations Pieces Denomination ( P lease D o N ot U se T h is S pace ) Numbers M aturity Value D ispose □ 1,000 □ □ 5,000 10,000 □ 100,000 500,000 □ of B ill s A s I ndicated B elow 1. Deliver over the counter to the undersigned 2. Ship to the undersigned 3. H old in safekeeping ( f o r member bank on ly) 4. H old as collateral fo r Treasury Tax and Loan Account 5. Special instructions: 1,000,000 Totals------- IMPORTANT: No changes in delivery instructions will be accepted. The undersigned, if a bank or trust company, hereby certifies that the Treasury bills which you are hereby instructed to dispose o f in the manner indicated in items numbered 3 and 4 above are the sole property o f the undersigned. (F ill in all required spaces b efore sign in g) Name o f Su bscriber.................................................................................................................................................... (Please Print) By............................................................................................... , (Official signature required) .................................... (Title' Street address ............................................................................................................................................................... City, Town or V illage, P . O. N o., and S ta te................................ Spaces below are for the use o f Federal Reserve Bank o f New Y ork Government Bond D epartment Security Custody Department Safekeeping Department Paym ent received s ig n e d : Taken from v a u l t ........................................................ Deliver against payment Counted .......................................................................... Checked .......................................................................... o f $ ...................................... sig n ed : D E L IV E R Y R E C E IP T Received from Federal Reserve Bank o f New York, Fiscal A gen t o f the United States, the above described Treasury bills allotted in the amount indicated above. Date Subscriber 4 F e d e r a l R e s e r v e B a n k o f N e w Y o rk P E N D IN G D E L IV E R Y T IC K E T TB OF UNITED STATES OF AMERICA TREASURY BILLS T A X ANTICIPATION SERIES March 17, 1954. Your tender at (rate per 100) has been accepted in the amount o f $ (maturity value) for Treasury bills, Tax Anticipation Series, dated March 22, 1954 and maturing- on June 24, 1954. PRINCIPAL PAR DISCOUNT MASTER CHECKED METHOD OP PA YM E NT DISPOSITION 5 F TB e d e r a l R e s e r v e B a n k o f N e w Y o rk FIL L E D A LL O TM E N T D E L IV E R Y T IC K E T OF UNITED STATES OF AMERICA TREASURY BILLS TAX ANTICIPATION SERIES March 17, 1954. Your tender at (rate per 100) has been accepted in the amount o f $ (maturity value) for Treasury bills, Tax Anticipation Series, dated March 22, 1954 and maturing on June 24, 1954. PRINCIPAL PAR DISCOUNT MASTER GURED CHECKED METHOD OP PA YM E NT DISPOSITION
@FedFRASER