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FED ERAL RESER VE BANK O F NEW YORK Fiscal Agent of the United States T C ircu la r N o . 4 5 6 7 ' L F e b ru a ry 13, 1958 . TREASURY’ S CURRENT EXCHANGE OFFERINGS Final Results T o A ll Banking Institutions, and Others Concerned, in the Second F ederal E eserve D istrict: The following statement was made public today: The Treasury Department announced today that final tabulation of subscriptions for the recent exchange offering showed $9,772 million for the new 2y2 percent Certificates due February 14, 1959, $3,828 million for the 3 percent Bonds o f 1964 due February 15, 1964, and $1,731 million for the 3y% percent Bonds o f 1990 due February 15, 1990. The following tables show the amounts outstanding of the five issues eligible for exchange and the extent to which they are being exchanged for the new issues, and subscriptions by Federal Reserve Districts. (In millions of dollars) Exchange Subscriptions f o r N ew Issues E ligible fo r exchange 2% % Certificates 3% Bonds 3% % Bonds February 14 certificates.. March 15 bonds................ April 1 notes.................... A pril 15 bills.................... A pril 15 certificates........ $10,851 1,449 383 1,751 2,351 $7,510 337 189 674 1,063 $1,953 592 115 370 797 $ 1,120 353 25 91 142 $10,583 1,282 329 1,135 2,002 $ 268 167 54 616 349 T o t a l ................................ $16,785 $9,772 $3,828 $1,731 $15,331 $1,454 Old issues Unexchan, Total S u b s c r ip t io n s b y F e d e r a l R e s e r v e D is t r ic t s Federal E eserve District 2V2% Certificates Series A-1959 3% % Bonds o f 1990 3% Bonds o f 1964 Boston ............................................ New York ...................................... Philadelphia .................................. Cleveland ...................................... ___ Richmond ...................................... Atlanta .......................................... Chicago .......................................... ___ St. Louis ........................................ Minneapolis .................................. Kansas City .................................. Dallas ............................................ San Francisco .............................. Treasury .................................... $ 127,222,000 7,963,030,000 81,933,000 183,221,000 44,302,000 180,908,000 472,401,000 141,001,000 108,908,000 121,161,000 84.968,000 252,160,000 11,245,000 $ 111,607,000 1,604,463,500 93,475,000 208,676,500 96,556,000 143,059,000 618,227,000 161,970,500 100,308,000 126,377,500 86,160,500 470,730,000 6,310,500 $ 83,365,000 1,270,390,500 42,262,500 31,475,500 31,404,000 18,731,500 114,183,500 19,119,500 12,123,500 16,187,500 6,137,500 81,530,000 3,988,500 T o t a l .................................................. $9,772,460,000 $3,827,921,000 $1,730,899,000 A lfred H ayes, President.