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FED ERAL RESER VE BANK OF NEW YORK Fiscal A g en t of the U nited States r C ircular N o. 4 3 7 4 L O ctober 4, 1956 J SPECIAL CASH OFFERING OF 91-DAY TREASURY BILLS To all Incorporated Banks and Trust Companies, and Others Concerned, in the Second Federal Reserve District: The following statem ent was made public today: T he T re a su ry D e p a rtm e n t a n n o u n c e d to d a y t h a t it w ill in v ite cash t e n d e r s f o r $ 1 ,6 0 0 ,0 0 0 ,0 0 0 , o r t h e r e a b o u t s , o f 9 1 - d a y T r e a s u r y b i l l s t o r a i s e th e c a s h n e e d e d f o r its c u r r e n t re q u ire m e n ts . T h e f u l l te r m s o f th e o ffe rin g w i l l b e c o n t a i n e d i n a s t a t e m e n t t o b e r e l e a s e d M o n d a y m o r n i n g , O c t o b e r 8. T e n d e rs w ill be opened at 2 p .m ., E a s te rn D a y lig h t S a v in g tim e , on W e d n e s d a y , O c to b e r 10. T h e n e w b ills w ill be d a te d a n d m u s t b e p a id f o r o n O c to b e r 17 , 1 9 56, a n d m a y b e p a id f o r b y c r e d it in T r e a s u r y T a x a n d L o a n a c c o u n ts . T h e y w ill m a tu r e o n J a n u a r y 16, 1957. A lfred H ayes, President.
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