View original document

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 SE R V E BANK
OF NEW YORK
Fiscal Agent of the United States
r Circular No. 4 2 1 6 1
L
March 31, 1955
J

CURRENT CASH OFFERING

1% Percent Tax Anticipation Certificates of Indebtedness

Amounts of Subscriptions and Allotments

To All Banking Institutions, and Others Concerned,
in the Second Federal Reserve D istrict:

T h e fo llo w in g statem ent w as m ad e p u b lic to d a y :
The Treasury Department today announced the subscription and allotment figures with respect
to the current cash offering o f 1% percent Tax Anticipation Certificates of Indebtedness of Series
F-1955. These certificates will be dated April 1, 1955, and will mature June 22, 1955. They will be
accepted at par plus accrued interest to maturity in payment of income and profits taxes due on
June 15, 1955.
Commercial banks were allotted slightly over $1.9 billion, with more than $1.3 billion going to
nonbank sources on original issue.
Subscriptions and allotments were divided among the several Federal Reserve Districts and the
Treasury as follows:
Total
subscriptions
received

Total
subscriptions
allotted

Boston ................................. ..............
New York .............................. ..............
Philadelphia .......................... ..............
Cleveland ................................ .............
Richmond ............................ .............
Atlanta .................................. ..............
Chicago ................................ ..............
St. Louis .............................. ..............
Minneapolis .......................... ..............
Kansas C i t y .......................... ..............
Dallas .................................... ..............
San F r a n c is c o ...................... ..............
Treasury .......................... ..............

$ 317,673,000
3,548,777,000
290,532,000
686,778,000
237,683,000
219,987,000
950,893,000
201,097,000
171,656,000
241,549,000
247,752,000
823,767,000
-0-

$ 128,105,000
1,422,177,000
117,528,000
276,876,000
96,748,000
92,611,000
386,392,000
83,131,000
71,777,000
101,872,000
101,954,000
330,804,000
-0 -

Total .................. ..............

$7,938,144,000

$3,209,975,000

Federal Reserve
District




A

llan

S

proul,

President.