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F E D E R A L R E S E R V E BANK OF NEW YORK Fiscal A g en t o f the U nited States J" Circular X o . 4 5 . '1 4 1 L N ovem ber 22, 1957 J CURRENT CASH OFFERING 3 '% Percent Treasury Notes o f Series C-1962 Am ount o f Subscriptions and Basis o f Allotment To All Banking Institutions, and Others Concerned, in the Second Federal Reserve District: The follow in g statement was made public today: The Treasury today announced a 25 percent allotment to savings-type investors and a 12 percent allotment to all other subscribers for the current cash offering of $1 billion, or thereabouts, of 3% percent Treasury Notes of Series C-1962. Subscriptions for $10,000 or less will be allotted in full. Subscriptions for more than $10,000 will be allotted not less than $10,000. Reports received thus far from the Federal Reserve Banks show that subscriptions total about $7,780 million. Details by Federal Reserve Districts as to subscriptions and allotments will be announced when final reports are received from the Federal Reserve Banks. Reports of subscriptions for the 3% percent Treasury Bonds of 1974 will be received and analyzed on Monday, and the basis of allotment on those subscriptions will be announced Monday afternoon, November 25. A lfred H ayes, President.
@FedFRASER