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FE D E RA L R E SE R V E BANK OF NEW YORK Fiscal Agent of the United States r Circular No. 4 6 0 5 1 L M ay 29, 1958 J TREASURY FINANCING Cash and Exchange Offerings To A ll Banking Institutions, and Others Concerned, in the Second Federal R eserve D istrict: The follow in g statement was made public tod a y: The Treasury Department announced today that on Wednesday, June 4, the subscription books will be opened for three days for the refunding of the three issues due for payment on June 15. The new securities offered will be a 1% percent 11 -month certificate of indebtedness and a 2 % percent 6-year 8 -month Treasury bond due February 15, 1965, both to be dated June 15, 1958. The securities eligible for exchange are: 2% percent Treasury notes, in the amount of $4,392 million 2% percent Treasury bonds, in the amount o f $919 million 2% percent Treasury bonds, in the amount of $4,245 million All exchanges will be made par for par. Any exchange subscription for either issue addressed to a Federal Reserve Bank or Branch, or to the Treasurer of the United States, and placed in the mail before midnight June 6, will be considered as timely. In addition, on Tuesday, June 3, it will offer for cash subscription at a price of 100% an issue of $1 billion, or thereabouts, o f 3*4 percent 26-year 11-month Treasury bonds, to be dated June 3, 1958, and to mature May 15, 1985. In addition, up to $100 million of the bonds may be allotted to Govern ment Investment Accounts. The subscription books will be open only on June 3 for this offering. Any cash subscription addressed to a Federal Reserve Bank or Branch, or to the Treasurer of the United States, and placed in the mail before midnight June 3, will be considered as timely. Subscriptions for the cash offering of bonds from commercial banks, which for this purpose are defined as banks accepting demand deposits, for their own account will be restricted in each case to an amount not exceeding 2 percent of the combined amount of time certificates of deposit (but only those issued in the names of individuals, and of corporations, associations, and other organizations not operated for profit), and o f savings deposits, or 5 percent of the combined capital, surplus and undivided profits, whichever is greater, of the subscribing bank. A payment of 20 percent of the amount o f bonds subscribed for must be made on all subscriptions, including those from commer cial banks for their own account, and this payment must be forwarded with the subscriptions in imme diately available funds, or by credit in the Treasury Tax and Loan Account of the Bank through which the subscription is entered, to the Federal Reserve Bank or Branch, or to the Office of the Treasurer o f the United States. Following allotment, any portion of the 20 percent payment in excess of the amount of bonds allotted will be returned to the subscribers. The remaining bonds allotted must be paid for on June 18, the delivery date, together with accrued interest at the rate of $0,089 per day per $1,000 from June 3, which is the date from which the new bonds will bear interest, to June 18, the payment date. The bonds may be paid for by credit in Treasury Tax and Loan Accounts. Commercial banks and other lenders are requested to refrain from making unsecured loans and loans collateralized in whole or in part by the bonds subscribed for, to cover the 20 percent deposits required to be paid when subscriptions are entered. The Treasury announced that cash subscriptions will be subject to the usual reservation of the right to make different percentage allotments to various classes o f subscribers. The term s o f the cash offering are set forth in T reasury Departm ent Circular N o. 1009, dated June 3, 1958, and the term s o f the exchange offerings are set fo rth in T reasury D e partm ent Circulars No. 1010 and No. 1011, both dated June 4, 1958. A cop y o f each o f the three T rea su ry circulars is printed below. Subscriptions fo r the cash and exchange offerings w ill be received b y this Bank as fiscal agent o f the U nited States. Copies o f the official subscription form s fo r the cash and exchange offerings are enclosed. I f any subscription is filed b y telegram or letter, the sub scription should be confirm ed b y m ail on the appropriate form provided. Cash offerin g The subscription books fo r the cash offerin g w ill be open fo r one day only, Tuesday, June 3, 1958; we therefore suggest you file you r subscription w ithout delay. A n y subscrip tion addressed to a F ederal R eserve Bank or B ranch or to the T reasurer o f the United States and placed in the m ail b efore midnight, June 3, w ill be considered timely. E xch an ge offerin gs The subscription books fo r the exchange offerings w ill be open fo r th ree days only, from W ednesday, June 4, through F rid a y, June 6. A n y subscription addressed to a F ederal R eserve Bank or B ranch or to the T reasurer o f the U nited States and placed in the m ail before m idnight, June 6, w ill be considered tim ely. Securities tendered in exchange should accom pany each subscription. A lfred H ayes, P resident. UNITED STATES OF AMERICA 3 14 PERCENT TREASURY BONDS OF 1985 Dated and bearing interest from June 3, 1958 Due May 15, 1985 Interest payable M ay 15 and N ovem ber 15 1958 D ep artm en t C ircular N o. 1009 TREASU RY DEPARTM ENT, O F isc a l S ervice B ureau o f the P u b lic D eb t of the S ecretary, Washington, June 3, 1958. I. O FF E R IN G OF BONDS 1. T h e S e cre ta ry o f th e T rea su ry , p u rs u a n t to th e a u th ority o f th e S e co n d L ib e r t y B o n d A c t , as am en ded, in vites su b s crip tio n s, a t 1 0 0 y 2 a n d a ccru e d in terest, fr o m the p e o p le o f the U n ited States f o r b on d s o f th e U n ited States, design a ted 3^4 p e r ce n t T r e a s u ry B o n d s o f 1985. T h e a m ou n t o f the o ffe r in g u n d e r this circ u la r is $1,000,000,000, o r th ereabouts. I n a d d itio n t o th e a m o u n t o ffe re d f o r p u b lic s u b s crip tio n , the S e cre ta ry o f the T r e a s u ry reserves th e rig h t to a llo t u p to $100,000,000 o f these b o n d s to G overn m en t In vestm en t A cco u n ts . T h e b o o k s w ill b e o p e n o n ly on J u n e 3, 1958 f o r the re c e ip t o f s u b s crip tio n s f o r this issue. II. f f ic e D E SC R IP TIO N O F BONDS th e re a fte r on M a y 15 a n d N ov em b er 1 5 in each y e a r u n til the p r in c ip a l a m ou n t b ecom es p a y a b le . T h e y w ill m atu re M a y 15, 1985, a n d w ill n o t b e s u b je c t t o ca ll f o r re d e m p tio n p r io r to m a tu rity. 2. T h e in com e d eriv ed fr o m th e b on d s is s u b je ct to all ta x es im p o s e d u n d er th e In te rn a l R ev en u e C od e o f 1954. T h e b o n d s a re s u b je c t to estate, in h erita n ce, g i f t o r oth er excise ta xes, w hether F e d e ra l o r S ta te, b u t a re e x e m p t fr o m a ll ta x ation n o w o r h e re a fte r im p o s e d on th e p r in c ip a l o r in terest th e re o f b y a n y S ta te, o r a n y o f th e possession s o f th e U n ited States, o r b y a n y lo c a l ta x in g a u th ority. 3. T h e b on d s w ill b e a cce p ta b le t o secu re d e p o s its o f p u b lic m on eys. 4. B e a r e r b o n d s w ith in terest c o u p o n s attach ed , a n d b o n d s 1. T h e b o n d s w ill b e d a ted J u n e 3, 19 5 8, a n d w ill b ea r reg istered as to p r in c ip a l a n d in terest, w ill b e issued in d e in terest fr o m th a t d a te a t th e ra te o f 3^4 p e r ce n t p e r annum , n om in a tion s o f $500, $1,000, $5,000, $10,000, $ 1 00,000 a n d p a y a b le o n a sem ia n n u a l basis on N ov em b er 15, 1958 a n d 2 $1,000,000. P r o v is io n w ill b e m ade f o r the interchange o f b on d s o f d iffe re n t den om in a tion s a n d o f cou p on and registered bon d s, and f o r the tr a n s fe r o f registered bond s, u n d er rules a n d regu la tion s p r e scr ib e d b y th e S ecreta ry o f the T reasu ry. 5. A n y b on d s issued h ereun der w hich u p o n the death o f the o w n e r con stitu te p a rt o f his estate, w ill be redeem ed at the o p tio n o f the d u ly co n stitu ted rep resen tatives o f the deceased o w n e r’s estate, at p a r a n d a ccru e d interest to date o f p a y m en t,1 p r o v id e d : ( a ) th a t the b o n d s w ere a ctu a lly ow ned b y the decedent a t the tim e o f h is d e a th ; and ( b ) th at th e S e cre ta ry o f th e T rea su ry be authorized to a p p ly the e n tire p ro ce e d s o f red em p tion to the p a y m en t o f F e d e ra l estate taxes. R eg iste re d b o n d s su b m itted f o r red em p tion hereun der must be d u ly assigned to “ T h e S e cre ta ry o f the T reasu ry f o r red em p tion , the p ro ce e d s to be p a id to the D is trict D ire cto r o f In tern al R e ven u e a t ....................................................... f o r credit on F ed era l estate taxes due fr o m estate o f ........................................................ n. O w in g to the p e r io d ic clo sin g o f the tran sfer book s and the im p o ssib ility o f s to p p in g p a ym en t o f interest to the registered ow n er d u rin g the closed p e r io d , registered b onds received a fte r the clo sin g o f the b ook s f o r p a ym en t du rin g such closed p eriod w ill b e p a id o n ly a t p a r w ith a deduction o f interest fr o m the date o f p a ym en t to the n e x t in terest paym ent d a te ;2 bonds received d u rin g the closed p e r io d f o r paym ent at a date a fter the book s re o p e n w ill be p a id a t p a r p lu s accrued interest fr o m the r e o p e n in g o f the b ook s to the date o f paym ent. I n either case checks f o r the fu ll six m on th s’ interest due on the last day o f the closed p e r io d w ill be fo r w a r d e d to the ow ner in due course. A ll bon d s subm itted m ust be accom panied b y F o rm P D 1782,3 p r o p e r ly com p leted , sign ed and certified, and b y p r o o f o f the rep resen ta tives’ a u th ority in the fo r m o f a cou rt certificate o r a certified c o p y o f the representatives’ letters o f a p p oin tm en t issued b y the co u rt. The certificate, or the ce r tification to the letters, m ust be u n der the seal o f the cou rt, an d e x ce p t in the case o f a c o rp o ra te representative, must con ta in a statem ent that the a p p oin tm en t is in fu ll fo r c e and be dated w ith in six m on th s p r io r to the subm ission o f the bonds, unless the certificate o r letters show that the a p p o in t m ent w as m ade w ith in on e y e a r im m ediately p r io r to such subm ission. U p o n p a y m e n t o f the b onds a p p ro p ria te m em o ra n du m r e c e ip t w ill be fo r w a r d e d to the representatives, which w ill be fo llo w e d in due co u rse b y fo r m a l re ce ip t fr o m the D istrict D ir e c to r o f In tern a l R even ue. 6. T h e bon d s w ill be s u b je ct to the gen eral regulations o f the T rea su ry D epa rtm en t, n ow o r h erea fter prescribed, g o v e rn in g U n ited States bonds. III. their ow n accou nt. S u b scrip tio n s fr o m com m ercial banks f o r their ow n a ccou n t w ill be restricted in each case to an am ou nt n ot ex ce e d in g 2 p e r ce n t o f the com bin ed am ou nt o f tim e certificates o f d e p o sit (b u t o n ly those issued in the nam es o f in divid u als, and o f c o rp o ra tio n s , a ssocia tion s, and oth er o r ga n iza tion s n ot op e ra te d f o r p r o fit ), an d o f savings deposits, o r 5 p e r c e n t o f the com bin ed ca p ita l, su rp lu s and u ndivided p rofits, o f the su b scrib in g bank, w h ich ever is greater. A ll su b scrip tio n s, in clu d in g those fr o m com m ercia l banks f o r th eir ow n accou n t, m ust be a cco m p a n ie d b y p a ym en t o f 20 p e r ce n t o f the am ou nt o f b on d s a p p lie d f o r , w hich p a y m en t m ust b e m ade to the F e d e ra l R eserve B a n k o r B ra n ch o r to the T reasu rer o f the U n ited States, in im m ediately a v ailable fu n d s o r by cre d it in a T rea su ry ta x an d loa n a ccou n t. F o llo w in g a llot m ent, a n y p o r tio n o f the 20 p ercen t p a ym en t in excess o f the am ou nt o f bon d s a llotted w ill b e return ed to the subscribers. 2. C om m ercial banks in su b m ittin g su b scrip tion s w ill be req u ired to c e r t ify that th ey have n o beneficial interest in a n y o f the su b scrip tion s th ey en ter f o r the a cco u n t o f th eir cu s tom ers, an d that th eir cu stom ers h ave n o beneficial interest in the banks’ su b scrip tion s f o r th eir ow n account. 3. T h e S ecreta ry o f the T rea su ry reserves the rig h t to r e je c t o r red u ce a n y su b scrip tio n , an d to a llo t less than the am ou nt o f bon d s a p p lie d f o r , an d to m ake d iffe re n t percen ta ge a llot m ents to v a riou s classes o f s u b scrib e rs; an d any a ction he m a y take in these resp ects shall be final. T h e basis o f the allotm en t w ill be p u b lic ly a nn oun ced an d allotm ent n otices will be sent ou t p r o m p tly u p o n allotm ent. IV . PA Y M E N T 1. I n the event allotm en ts are a t a ra te w hich exceed s 20 p ercen t o f the am ou nt su b scrib ed f o r , p a ym en t a t 1 0 0 y 2 and accru ed interest in the a m ou n t o f $1.3*35 p e r $1,000 p a r am ou nt f o r the b onds a llotted h ereunder, less an a d ju stm en t f o r the a m ou n t o f the d e p o sit, and accru ed interest th ereon in the a m ou n t o f $1,335 p e r $1,000 m ust b e com pleted on J u n e 18, 1958, o r on la te r allotm en t. I n the event allotm ents are less than a ra te o f 20 p e r ce n t o f the a m ou n t subscribed f o r , the am ou nt o f the d e p o sit in excess o f 1 0 0 y 2 p e r $1,000 p a r am ou nt f o r the b on d s allotted h ereun der w ill be return ed to the subscribers. I n n o even t w ill bon d s a llotted be delivered p r io r to J u n e 18, 1958. I n every case w here p a y m en t is n ot so com pleted, the p a ym en t w ith a p p lic a tio n u p to 20 p ercen t o f the a m ou n t o f b on d s a llotted shall, u p o n declaration m ade b y the S ecreta ry o f the T rea su ry in his d iscretion , be fo r fe it e d to the U n ited States. A n y qualified d e p o sita ry w ill be p e r m itted to m ake p a y m en t b y cre d it f o r bon d s allotted to it f o r its e lf an d its custom ers u p to a n y a m ou n t f o r w hich it shall be qualified in excess o f e x istin g d ep osits, w hen so n otified by the F e d e ra l R eserve B a n k o f its D istrict. SU BSCRIPTION A N D ALLOTM EN T 1. S u b scrip tio n s w ill be receiv ed at the F ed era l R eserve B a n k s an d B ra n ch es an d at the Office o f the T reasu rer o f the U nited States, W a sh in g to n . C om m ercial banks, w hich f o r this p u rp o se a re defined as banks a c c e p tin g dem and dep osits, m ay subm it s u b scrip tio n s f o r a cco u n t o f custom ers, b u t o n ly the F e d e ra l R e serve B a n k s a n d the T reasu ry D epa rtm en t are a u th orized to a ct as official agen cies. Others than com m ercial banks w ill n ot b e p erm itted to enter su b scrip tion s e x cep t f o r 1 A n exact h a lf-yea r’ s interest is computed fo r each fu ll halfyear period irrespective o f the actual number o f days in the h alf year. F or a fractional part o f any h alf year, computation is on the basis o f the actual number o f days in such half year. 2 The transfer books are closed from A pril 16 to May 15 and from October 16 to Novem ber 15 (both dates inclusive) in each year. 3 Copies o f Form P D 1782 may be obtained from any Federal Reserve Bank or from the Treasury Department, W ashington, D. C. V. G E N E R A L PROVISION S 1. A s fiscal agents o f the U n ited States, F e d e ra l R eserve B a n k s a re authorized an d requested to receiv e su bscrip tion s, to m ake allotm ents on the basis an d u p to the am ounts in d i cated b y the S ecreta ry o f the T r e a su ry to the F ed era l R eserve B a n k s o f the resp ectiv e D istricts, to issue allotm ent n otices, to receiv e p a y m en t f o r bon d s a llotted, to m ake d eliv ery o f bonds on fu ll-p a id su b scrip tion s allotted, and they m ay issue in terim re ce ip ts p e n d in g d elivery o f the defin itive bonds. 2. T h e S e cre ta ry o f the T rea su ry m a y a t a n y tim e, o r fr o m tim e to tim e, p re scrib e su p plem en ta l o r am en datory rules and regu la tion s g o v e r n in g the o ffe rin g , w hich w ill be com m unicated p r o m p tly to the F e d e ra l R eserve Banks. RO BERT B. AN DERSON , S e c r e ta r y o f th e T rea su ry. 3 UNITED STATES OF AMERICA 1% PERCENT TREASURY CERTIFICATES OF INDEBTEDNESS OF SERIES B-1959 Dated and bearing interest from June 15, 1958 Due May 15, 1959 TREASURY DEPARTMENT, 1958 D epartm ent C ircular N o . 1010 O f f ic e F isca l S ervice B ureau of the P u b lic D ebt 1. The Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, as amended, invites sub scriptions, at par, from the people of the United States for certificates of indebtedness of the United States, designated 1X A percent Treasury Certificates of Indebtedness of Series B-1959, in exchange for which any of the following listed securities, singly or in combinations aggregating $1,000 or multiples thereof, may be tendered: 2% percent Treasury Notes of Series A-1958, maturing June 15, 1958 2% percent Treasuiy Bonds of 1958-63, called for redemp tion on June 15, 1958 2% percent Treasury Bonds of 1958, maturing June 15, 1958 ecretary, IV . PA Y M E N T 1. Payment at par for certificates allotted hereunder must be made on or before June 16, 1958, or on later allotment, and may be made only in the securities of the three issues enumer ated in Section I hereof, which will be accepted at par, and should accompany the subscription. Coupons dated June 15, 1958, should be detached from the securities in coupon form to be exchanged, and cashed when due. All coupons subsequent thereto on 2% percent Treasury Bonds of 1958-63 in coupon form should be attached to such bonds when surrendered. In the case of registered bonds, final interest due on June 15, 1958, will be paid by check drawn in accordance with the assignments on the bonds surrendered, or by credit in any account maintained by a banking institution with the Federal Reserve Bank of its District. The amount of the offering under this circular will be limited to the amount of the eligible securities of the three issues enumerated above tendered in exchange and accepted. The books will be open only on June 4 through June 6 for the receipt of subscriptions for this issue. 2. In addition to the offering under this circular, holders of the eligible securities are also offered the privilege of ex changing all or any part of such securities for 2% percent Treasury Bonds of 1965, which offering is set forth in Depart ment Circular No. 1011, issued simultaneously with this circular. V . ASSIG N M EN T OF REGISTERED BONDS 1. Treasury bonds of the two eligible issues in registered form tendered in payment for certificates offered hereunder should be assigned by the registered payees or assignees there of to “ The Secretary of the Treasury for exchange for 1% percent certificates of indebtedness of Series B-1959 to be delivered to........................................ ” , in accordance with the general regulations of the Treasury Department governing assignments for transfer or exchange, and thereafter should be presented and surrendered with the subscription to a Fed eral Reserve Bank or Branch or to the Office of the Treasurer of the United States, Washington. The bonds must be de livered at the expense and risk of the holders. II. D E SC R IP TIO N O F CERT IFIC A T E S 1. The certificates will be dated June 15, 1958, and will bear interest from that date at the rate of l 1/^ percent per annum, payable on a semiannual basis on November 15, 1958, and May 15, 1959. They will mature May 15, 1959. They will not be subject to call for redemption prior to maturity. 2. The income derived from the certificates is subject to all taxes imposed under the Internal Revenue Code of 1954. The certificates are subject to estate, inheritance, gift or other excise taxes, whether Federal or State, but are exempt from all taxation now or hereafter imposed on the principal or in terest thereof by any State, or any of the possessions of the United States, or by any local taxing authority. 3. The certificates will be acceptable to secure deposits of public moneys. They will not be acceptable in payment of taxes. 4. Bearer certificates with two interest coupons attached will be issued in denominations of $1,000, $5,000, $10,000, $100,000, $1,000,000, $100,000,000 and $500,000,000. The cer tificates will not be issued in registered form. 5. The certificates will be subject to the general regulations of the Treasury Department, now or hereafter prescribed, governing United States certificates. V I. G E N E R A L PROVISIONS 1. As fiscal agents of the United States, Federal Reserve Banks are authorized and requested to receive subscriptions, to make allotments on the basis and up to the amounts indi cated by the Secretary of the Treasury to the Federal Reserve Banks of the respective Districts, to issue allotment notices, to receive payment for certificates allotted, to make delivery of certificates on full-paid subscriptions allotted, and they may issue interim receipts pending delivery of the definitive cer tificates. 2. The Secretary of the Treasury may at any time, or from time to time, prescribe supplemental or amendatory rules and regulations governing the offering, which will be communicated promptly to the Federal Reserve Banks. SU B SC R IPT IO N A N D A LL O TM E N T 1. Subscriptions will be received at the Federal Reserve Banks and Branches and at the Office of the Treasurer of the United States, Washington. Banking institutions generally S may submit subscriptions for account of customers, but only the Federal Reserve Banks and the Treasury Department are authorized to act as official agencies. 2. The Secretary of the Treasury reserves the right to reject or reduce any subscription, and to allot less than the amount of certificates applied for; and any action he may take in these respects shall be final. Subject to these reservations, all subscriptions will be allotted in full. Allotment notices will be sent out promptly upon allotment. I. O FFER IN G OF C E R T IFICATES III. of th e Washington, June 4, 1958. 4 ROBERT B. ANDERSON, Secretary of the Treasury. UNITED STATES OF AMERICA 2% PERCENT TREASURY BONDS OF 1965 Dated and bearing interest from June 15, 1958 Due February 15, 1965 Interest payable February 15 and August 15 1958 Department Circular No. 1011 TREASURY DEPARTMENT, O Fiscal Service Bureau of the Public Debt f f ic e of th e S ecretary, Washington, June 4, 1958. L O FFERIN G OF BONDS 2. The Secretary of the Treasury reserves the right to reject or reduce any subscription, and to allot less than the amount of bonds applied for; and any action he may take in these respects shall be final. Subject to these reservations, all subscriptions will be allotted in full. Allotment notices will be sent out promptly upon allotment. 1. The Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, as amended, invites subscrip tions, at par, from the people of the United States for bonds of the United States, designated 2% percent Treasury Bonds of 1965, in exchange for which any of the following listed securities, singly or in combinations aggregating $500 or multi ples thereof, may be tendered: 2% percent Treasury Notes of Series A-1958, maturing June 15, 1958 2% percent Treasury Bonds of 1958-63, called for redemp tion on June 15, 1958 2% percent Treasury Bonds of 1958, maturing June 15, 1958 The amount of the offering under this circular will be limited to the amount of the eligible securities of the three issues enumerated above tendered in exchange and accepted. The books will be open only on June 4 through June 6 for the receipt of subscriptions for this issue. 2. In addition to the offering under this circular, holders of the eligible securities are also offered the privilege of ex changing all or any part of such securities for 1*4 percent Treasury Certificates of Indebtedness of Series B-1959, which offering is set forth in Department Circular No. 1010, issued simultaneously with this circular. IV . P A Y M E N T 1. Payment at par for bonds allotted hereunder must be made on or before June 16, 1958, or on later allotment, and may be made only in the securities of the three issues enumer ated in Section I hereof, which will be accepted at par, and should accompany the subscription. Coupons dated June 15, 1958, should be detached from the securities in coupon form to be exchanged, and cashed when due. All coupons subse quent thereto on 2%. percent Treasury Bonds of 1958-63 in coupon form should be attached to such bonds when surren dered. In the case of registered bonds, final interest due on June 15,1958, will be paid by check drawn in accordance with the assignments on the bonds surrendered, or by credit in any account maintained by a banking institution with the Federal Reserve Bank of its District. V . ASSIG N M EN T OF REG IST E R E D BONDS 1. Treasury Bonds of the two eligible issues in registered form tendered in payment for bonds offered hereunder should be assigned by the registered payees or assignees thereof, in accordance with the general regulations of the Treasury De partment governing assignments for transfer or exchange, in one of the forms hereafter set forth, and thereafter should be presented and surrendered with the subscription to a Fed eral Reserve Bank or Branch or to the Office of the Treasurer of the United States, Washington. The bonds must be de livered at the expense and risk of the holder. If the new bonds are desired registered in the same name as the bonds surrendered, the assignment should be to “ The Secretary of the Treasury for exchange for 2% percent Treasury Bonds of 1965” ; if the new bonds are desired registered in another name, the assignment should be to “ The Secretary of the Treasury for exchange for 2% percent Treasury Bonds of 1965 in the name of ..............................................” ; if new bonds in coupon form are desired, the assignment should be to “ The Secretary of the Treasury for exchange for 2% percent Treasury bonds of 1965 in coupon form to be delivered to ............................................. ” . n . D ESC R IP TIO N O F BONDS 1. The bonds will be dated June 15, 1958, and will bear interest from that date at the rate of 2% percent per annum, payable on a semiannual basis on February 15 and August 15, 1959, and thereafter on February 15 and August 15 in each year until the principal amount becomes payable. They will mature February 15, 1965, and will not be subject to call for redemption prior to maturity. 2. The income derived from the bonds is subject to all taxes imposed under the Internal Revenue Code of 1954. The bonds are subject to estate, inheritance, gift or other excise taxes, whether Federal or State, but are exempt from all taxation now or hereafter imposed on the principal or interest thereof by any State, or any of the possessions of the United States, or by any local taxing authority. 3. The bonds will be acceptable to secure deposits of public moneys. 4. Bearer bonds with interest coupons attached, and bonds registered as to principal and interest, will be issued in de nominations of $500, $1,000, $5,000, $10,000, $100,000 and $1,000,000. Provision will be made for the interchange of bonds of different denominations and of coupon and registered bonds, and for the transfer of registered bonds, under rules and regulations prescribed by the Secretary of the Treasury. 5. The bonds will be subject to the general regulations of the Treasury Department, now or hereafter prescribed, gov erning United States bonds. V I. G E N E R A L PRO VISIO N S 1. As fiscal agents of the United States, Federal Reserve Banks are authorized and requested to receive subscriptions, to make allotments on the basis and up to the amounts indi cated by the Secretary of the Treasury to the Federal Reserve Banks of the respective Districts, to issue allotment notices, to receive payment for bonds allotted, to make delivery of bonds on full-paid subscriptions allotted, and they may issue interim receipts pending delivery of the definitive bonds. III. SU B SC RIPTIO N A N D A LL O TM E N T 2. The Secretary of the Treasury may at any time, or from 1. Subscriptions will be received at the Federal Reserve time to time, prescribe supplemental or amendatory rules and Banks and Branches and at the Office of the Treasurer of the regulations governing the offering, which will be communicated United States, Washington. Banking institutions generally promptly to the Federal Reserve Banks. may submit subscriptions for account of customers, but onlv ROBERT B. ANDERSON, the Federal Reserve Banks and the Treasury Department are authorized to act as official agencies. Secretary of the Treasury. 5 (Please type or print legibly and submit in triplicate) Subscriber ’ s Reference No. Subscription No. B -l EXCHANGE SUBSCRIPTION For United States o f America 2% Percent Treasury Bonds o f 1965 Dated June 15, 1958, Due February 15, 1965 I m p o r ta n t I n s t r u c tio n s . 1. S ecu rities o f d ifferen t issues surrendered in exch ange m ay be listed togeth er on the sam e su b scrip tion fo rm , e x cep t that a separate form sh ou ld be used ( a ) fo r listing b e a r e r securities surrendered, ( b ) f o r listing r e g i s t e r e d securities surrend ered, and ( c ) fo r each grou p o f n e w securities f o r w hich differen t d e liv e ry instructions are given . 2. Signatures are req u ired on original o n ly ; all oth er filled-in m atter should appear in triplicate. F e d e r a l R eserve B a n k op New Y ork, D ated at ............................................................ Fiscal Agent of the United States, New York 45, N. Y. 1958 Attention: Government Bond Division D ear S i r s : Subject to the provisions of Treasury Department Circular No. 1011, dated June 4, 1958, the undersigned hereby subscribes for United States of America 2% percent Treasury bonds of 1965, in the ^amount of $............................... * and tenders in payment therefor a like par amount of the securities— " ^ivered to you herewith ................................................................................... ...............be withdrawn from securities held by y o u $ be delivered b y ................................................................................................. Pieces $ $ .■;ase fill in on the reverse side the schedule “ List o f Accounts Included in this Subscription.” ) SECURITIES SURRENDERED— Due or called June 15, 1958 (L ist serial numbers on reverse side) F ace amount i°/o Treasury Notes of Series A -1958 ......................................... $. i % Treasury Bonds of 1958-63 ..................................................... $. -j% Treasury Bonds of 1958 ......................................................... Total ................................................................................. $. $ .................................... interest on registered bonds (if any) : □ By check; □ By credit to our reserve account ( D o n o t fill in b o x e s b e lo w ) ( S i g n a t u r e ( s ) r e q u ir e d a ls o o n D e liv e r y I n s t r u c tio n s b e lo w ) G o v e r n m e n t B o n d D iv is io n Received Canceled Checked Submitted by (P le a s e print) By............... The cubscription books will open on June 4, and close at the close of business June 6, 1958. ------ ---------------------------------------- ......................., B y .......................... (Authorized signature(s) required) T itle ................. Address Title. .... Subscription No. DELIVERY INSTRUCTIONS—EXCHANGE SUBSCRIPTION For United States o f America 2% Percent Treasury Bonds of 1965 Dated June 15, 1958, Due February 15, 1965 COUPON BONDS DESIRED IN EXCHANGE 1 (U s e schedule on reverse side fo r registered bonds) Denomi nation I$ (Leave this space blank) Face amount 500 1,000 ( 5,000 Dispose of securities issued as follows: □ 1. Deliver over the counter to the undersigned □ 2. Hold in safekeeping (for member bank only) □ 3. Hold as collateral for Treas ury Tax and Loan Account □ 4. Ship to the undersigned □ 5. Special instructions: 10,000 100,000 / J,000,000 TO T A L r ' T h e u ndersigned h ereb y certifies that the secu rities to b e d isp o se d o f as in dica ted j in item 2 o r 3 a b o v e are ow n ed s o le ly b y the u ndersigned . (I M P O R T A N T : N o ch anges in d elivery instructions w ill be a cce p te d . A sepa ra te subscrip tion form must be subm itted fo r ea ch grou p o f securities f o r w h ich differen t d elivery instruc tions are g iv e n .) Submitted by .............................................................. (Please print) B y ........................................... .......... B y ............................ (Authorized signature(s) required) T itle...................................................... T itle................. Address (S p a c e s b elow are f o r the use o f the F ed eral R eserve Bank o f N ew Y o r k ) S a f e k e e p in g R ecord Received Checked and delivered Received from F e d e r a l R e s e r v e B a n k o f N e w States obligations in the amount subscribed for. Y ork the above described United ( I f space is insufficient in schedules below , attach separate listing) List of Accounts Included in this Subscription (Indicate amount o f each issue surrendered by each customer and by yourself) (Leave this space blank) Name and address of account ( Please print or typewrite) 2 % % Notes (A-1958) 2 % % Bonds (1958-63) 2 % % Bonds (1958) Total Our own accou n t........................................... Total subscription................................. $.......................... $.......................... $.................. $.......................... Denominations and Serial Numbers of Securities Surrendered I ssue 2 % % N o te s (A - 1 9 5 8 ) 2 % % B onds (1 9 5 8 -6 3 ) 2 % % B onds (1 9 5 8 ) Schedule for Issue of Registered Bonds (F o r use o f F ed eral R eserve Bank o f N ew Y o r k ) D enom inations and Serial N um bers o f Registered Bonds Issued Subscriber's Reference No. DUPLICATE- SECURITY RECORDS “ IN TICKET” Subscription Ne. B -2 EXCHANGE SUBSCRIPTION For United States o f America 2% Percent Treasury Bonds o f 1965 Dated June 15, 1958, Due February 15, 1965 F ederal R eserve B ank of New Y Dated at .................................................... ork, Fiscal Agent of the United States, New York 45, N. Y. D ear .............................................................1958 Sir s : Subject to the provisions of Treasury Department Circular No. 1011, dated June 4, 1958, the undersigned hereby subscribes for United States of America 2% percent Treasury bonds of 1965, in the amount of $............................... * and tenders in payment therefor a like par amount of the securities— “ elivered to you herewith ................................................................................... ... $ _____ ) be withdrawn from securities held by y o u .................................................. ... $ be delivered by .................................................................................................... $. Pieces -------|3ase fill in on the reverse side the schedule “ List o f Accounts Included in this Subscription.” ) SECURITIES SURRENDERED— Due or called June 15, 1958 (List serial numbers on reverse side) ----------- F ace am ount 2 % % Treasury Notes of Series A-1958 _ ......................................... $ ......................... 2% % Treasury Bonds of 1958-63 ..................................................... $ ......................... 2% % Treasury Bonds of 1958 ......................................................... $ ......................... Total ................................................................................ $......................... Pay interest on registered bonds (if any) : □ By check; □ By credit to our reserve account Subscription No. SECURITY RECORDS “ OUT TICKET’ DELIVERY INSTRUCTIONS—EXCHANGE SUBSCRIPTION For United States o f America 2% Percent Treasury Bonds of 1965 Dated June 15, 1958, Due February 15, 1965 COUPON BONDS DESIRED IN EXCHANGE (Use schedule on reverse side for registered bonds) Denomi nation $ 1 Face amount 500 1,000 J 5 ,0 0 0 -------------I 10,000 I 100,000 ) 1,000,000 TOTAL (L ea ve this space blank) Dispose of securities issued as follows: □ 1. Deliver over the counter to the undersigned □ 2. Hold in safekeeping (for member bank only) □ 3. Hold as collateral for Treas ury Tax and Loan Account □ 4. Ship to the undersigned □ 5. Special instructions: ( I f space is insufficient in schedules below , attach separate listing) List o f A ccounts Included in this Subscription (Indicate amount of each issue surrendered by each customer and by yourself) (h ea v e this space blank) Name and address of account 2 % % N o te s (A -1 9 5 8 ) ( Please print or typewrite) $ 2 % % B onds (1 9 5 8 ) 2 % % B onds (1 9 5 8 -6 3 ) $ $ T ota l $ Our own accou n t........................................... Total subscription................................. $ .................... $.............................. $.................... $.............................. Denominations and Serial Numbers of Securities Surrendered I ssue 2 % % N o te s --------------------- (A - 1 9 5 8 ) 2 % % B onds (1 9 5 8 - 6 3 ) 2 % % B onds (1 9 5 8 ) Schedule for Issue of Registered Bonds „■■ ------— ---------- ■ ------------------Indicate under appropriate denominations, number of bonds desired. Name in which bonds shall be registered, and post-office address for interest checks and mail. (Please print or typewrite) Amount $500 $1,000 $5,000 $10,000 ( F o r use o f F ed eral R eserve Bank o f N ew Y o r k ) D enom inations and Serial N um bers o f Registered Bonds Issued $100,000 $1,000,000 ^-TRIPLICATE—^TREASURY REPORTS COPY Subscriber’ s Reference No. ’ Subscription No. B -3 EXCHANGE SUBSCRIPTION For United States o f America 2% Percent Treasury Bonds o f 1965 Dated June 15, 1958, Due February 15, 1965 F ed e ra l R eserve B a n k of New Y ork, D a ted at ............................................................... Fiscal Agent of the United States, New York 45, N. Y. .............................................................1958 D ear Sir s : Subject to the provisions of Treasury Department Circular No. 1011, dated June 4, 1958, the undersigned hereby subscribes for United States of America 2% percent Treasury bonds of 1965, in the amount of $............................... * and tenders in payment therefor a like par amount of the securities— Delivered to you herewith ................................................................................... $............................... ■ be withdrawn from securities held by y o u .................................................. $............................... be delivered b y ................................................................................................. $........ ase fill in on the reverse side the schedule “ List o f Accounts Included in this Subscription.” ) Pieces SECURITIES SURRENDERED— Due or called June 15, 1958 ( List serial numbers on reverse side) F ace amount %% Treasury Notes of Series A-1958 ......................................... $ .......................... 2% % Treasury Bonds of 1958-63 ..................................................... $ .......................... 2% % Treasury Bonds of 1958 .......................................................... $.......................... Total ................................................................................ $.................................... Pay interest on registered bonds (if any) : □ By check; □ By credit to our reserve account NONNEGOTIABLE RECEIPT To Subscriber: Subscription No. 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 r k , Fiscal Agent of the United States, hereby acknowledges receipt of securities tendered with subscription numbered as above in exchange for 2% PERCENT TREASURY BONDS OF 1965. Securities allotted on this subscription will be delivered on June 16, 1958, in accordance with your instructions. ............................... Teller Government Bond Division— Issues & Redemption Section boi/PO N BONDS DESIRED IN EXCHANGE 1 j (Use schedule on reverse side for registered bonds) ®JenomiAation 1 Face amount (L e a v e this space blan k) 500 1,000 5,000 Dispose of securities issued as follows: □ 1. Deliver over the counter to the undersigned □ 2. Hold in safekeeping (for member bank only) □ 3. Hold as collateral for Treas ury Tax and Loan Account □ 4. Ship to the undersigned □ 5. Special instructions: * 10,000 100,000 1,000,000 TOTAL T o F ederal R eserve B a n k op N e w Y ork , F isca l A g e n t o f the U nited States (Date) Y o u are hereby authorized to deliver to (Name of representative) whose signatu re appears below, $ ..........................par amount o f securities issued pursuant to this subscription. (Please print) T o S u bscriber: (Official signature required) (Signature of authorized representative) I f securities are to be delivered over the counter at this Bank to your representative, the au th ority in the b o x to the le ft should be executed on the date o f delivery. ■ - ... - (I f space is insufficient in schedules below, attach separate listing) List of Accounts Included in this Subscription •' (Indicate amount of each issue surrendered by each customer and by yourself) ( Leave this space blank) Name and address of account ( Please print or typewrite) 2 % % N o te s (A -1 9 5 8 ) 2 % % B onds ( 1 9 5 8 -6 3 ) 2 % % B onds (1 9 5 8 ) T otal Our own accou n t........................................... Total subscription................................. Denominations and Serial Numbers of Securities Surrendered I ssu e Notes (A-1958) 2% % '^ 1 Bonds (1958-63) 2% % Bonds (1958) 2% % • Schedule for Issue of Registered Bonds Indicate under appropriate denominations, number o f bonds desired. Name in which bonds shall be registered, and post-office address for interest checks and mail. ( Please print or typewrite) Amount $500 $1,000 $5,000 $10,000 (F o r use o f F ed eral R eserve Bank o f N ew Y o r k ) Denom inations and Serial N um bers o f Registered Bonds Issued $100,000 $1,000,000 - /'-TC, (Please type or print legibly and submit in triplicate) Subscriber’ s Reference No. Subscription N o. C-1 EXCHANGE SUBSCRIPTION For United States o f America P/4 Percent Treasury Certificates o f Indebtedness o f Series B-1959, Dated June 15, 1958, Due May 15, 1959 I m p o r ta n t I n s t r u c tio n s . 1. S ecu rities o f differen t issues surrendered in exch a n ge m ay be listed togeth er on the sam e su b scrip tion fo rm , e x ce p t that a separate fo rm should be used ( a ) f o r listing b e a r e r securities surrendered, ( b ) f o r listing r e g i s t e r e d securities surrend ered, and ( c ) fo r each grou p o f n e w securities fo r w hich differen t d e liv e ry in stru ction s are given . 2. Sign atu res are req u ired on original o n ly ; all oth er filled-in m atter should appear in trip lica te. F e d e r a l R eserv e B a n k of Dated a t .................................................... N ew Y ork , Fiscal Agent of the United States, New York 45, N. Y. 1958 Attention: Government Bond Division D ear S i r s : Subject to the provisions of Treasury Department Circular No. 1010, dated June 4, 1958, the under'‘d hereby subscribes for United States of America 1*4 percent Treasury Certificates of Indebtedness B-1959, in the amount of $ * and tenders in payment therefor a like par •j securities— i to you herew ith $ ithdrawn from securities held by y o u $ delivered b y $ fill in o n th e re v e rs e s id e th e s c h e d u le “ L i s t o f A c c o u n t s I n c lu d e d in th is S u b s c r ip t i o n .” ) SECURITIES SURRENDERED—Due or called June 15, 1958 ( List serial numbers on reverse side) F ace am ount / q% Treasury Notes of Series A -1958 ......................................... $- %% Treasury Bonds of 1958-63 ..................................................... $- Treasury Bonds of 1958 .............................................................. $_ Total ..................................................................................... $ Pay interest on registered bonds (if any) : □ By check; □ By credit to our reserve account ( D o n ot fill in b o x es b e lo w ) ( S i g n a t u r e (s) re q u ir e d a ls o o n D e liv e r y I n s t r u c tio n s b e lo w ) G o v e r n m e n t B o n d D iv is io n Canceled Checked Submitted by (P lease print) By................ The subscription books will open on June 4, and close at the close of business June 6, 1958. ......................, B y ....................... (A u th o rize d s ig n a tu re (s) required) Title. T itle ................. A d d r e s s ......... Subscription No. D E L IV E R Y IN S T R U C T IO N S — E X C H A N G E SU B SC R IP T IO N F or U n ited States o f A m e rica W/\ P ercen t T reasu ry C ertificates o f In d eb ted n ess o f Series B-1959, D ated J u n e 15, 1958, D u e M ay 15, 1959 CERTIFICATES DESIRED IN EXCHANGE Denomi nation Pieces (Leave this space blank) F a ce amount 1,000 $ 5,000 10,000 Dispose of securities issued as follows: □ 1. Deliver over the counter to the undersigned □ 2. Hold in safekeeping (for member bank only) □ 3. Hold as collateral for Treas ury Tax and Loan Account □ 4. Ship to the undersigned □ 5. Special instructions: 1 0 0 ,0 0 0 1, 000,000 TOTAL T h e u n dersign ed h ereb y certifies that the secu rities to be d isp o se d o f as in d ica ted in item 2 o r 3 a b o v e are ow n ed solely b y th e u n dersig n ed . (I M P O R T A N T : N o ch anges in d elivery instructions w ill be a cce p te d . A separate subscrip tion fo rm must b e subm itted fo r each grou p o f securities f o r w hich differen t d elivery instruc tions are g iv e n .) Submitted b y .................................................... (Please print) B y ......................................................... B y ........................ (Authorized signature(s) required) T itle...................................................... Title. Address ....................................................................... (S p a c e s b elow are f o r the use o f the F ed eral R eserve Bank o f N ew Y o r k ) S a f e k e e p in g R eco rd Received Checked and delivered Received from F e d e r a l R e s e r v e B a n k o f N e w States obligations in the amount subscribed for. Y ork the above described United ( I f space is insufficient in schedules b e lo w , attach separate listin g) List o f A ccounts Included in this Subscription (Indicate amount of each issue surrendered by each customer and by yourself) (L eave this space blank) Name and address of account (Please print or typewrite) 2 % % Notes (A -1958) 2 % % Bonds (1958-63) $................. $................. 2 % % Bonds (1958) $....... Total $ Our own account ......................................... Total subscription ............................... $.................... $.................... $.................... $.................... Denominations and Serial Numbers of Securities Surrendered I ssu e Notes (A -1958) 2% % Bonds (1958-63) 2% % 2 % % Bonds (1958) Subscriber ’aR eferen ce DUPLICATE—SECURITY RECORDS “IN TICKET” N o. C-2 S ubscription N o EXCHANGE SUBSCRIPTION F or U n ited S tates o f A m e rica V /4 P e rce n t T rea su ry C ertificates o f In d eb ted n ess o f Series B-1959, D ated J u n e 15, 1958, D ue M a y 15, 1959 F ederal R eserve B ank op N ew Y Dated a t ........... ork, Fiscal Agent o f the United States, New York 45, N. Y . ......................................... jggg D ear S ir s : Subject to the provisions o f Treasury Department Circular No. 1010, dated June 4, 1958, the under signed hereby subscribes for United States o f America 1*4 percent Treasury Certificates of Indebtedness of Series B-1959, in the amount of $.................................... • and tenders in payment therefor a like par amount o f the securities— C) :red to you herew ith.................................................................................... $ withdrawn from securities held by y o u ................................................... $. D 1 _e fill in on the reverse side the schedule “ L is t o f A ccou n ts In clu d ed in this S u b scrip tion .**) P ieces * SECURITIES SURRENDERED—Due or called June 15, 1958 (List serial numbers on reverse side) Face am ount ------ -% % Treasury Bonds of 1958-63 ..................................................... $ .................................... 2% % Treasury Bonds of 1958 .......................................................... $ ................................... Total ................................................................................. $.................................... Pay interest on registered bonds (if a n y ): □ By check; □ By credit to our reserve account Subscription No. SECURITY RECORDS “ OUT TICKET” D E L IV E R Y IN S T R U C T IO N S — E X C H A N G E SU B SC R IPTIO N F or U n ited S tates o f A m erica 1 % P ercen t T reasu ry C ertificates o f In deb tedn ess o f Series B-1959, D ated J u n e 15, 1958, D u e M ay 15, 1959 CERTIFICATES DESIRED IN EXCHANGE P ieces D en om i nation $ 1,000 5,000 IT 10,000 100,000 1,000,000 TOTAL F ace am ount (L e a v e this spa ce blan k) Dispose of securities issued as follows: □ 1. Deliver over the counter to the undersigned □ 2. Hold in safekeeping (for member bank only) □ 3. Hold as collateral for Treas ury Tax and Loan Account □ 4. Ship to the undersigned □ 5. Special instructions: S ' - (I f space is insufficient in schedules below, attach separate listing) List of Accounts Included in this Subscription (Indicate amount of each issue surrendered by each customer and by yourself) ( Leave this space blank) Name and address of account (Please print or typewrite) 2 % % N otes (A -1 9 5 8 ) 2 % % B onds (1958-63) $ 2 % % B onds (1 9 5 8 ) T ota l $ Our own account ......................................... Total subscription ............................... $.................... $.................... $.................... $.................... Denominations and Serial Numbers of Securities Surrendered I ssu e 2 % % N otes (A -1 9 5 8 ) 2 % % B onds (1 9 5 8 -6 3 ) 2 % % B onds (1 9 5 8 ) Subscriber’a R eferen ce TRIPLICATE— TREASURY REPORTS COPY N o. S ubscription N o C-3 EXCHANGE SUBSCRIPTION F or U n ited S tates o f A m erica V /4 P e rce n t T reasu ry C ertificates o f In d eb ted n ess o f Series B-1959, D ated J u n e 15, 1958, D ue M ay 15, 1959 F ederal R eserve Dated a t ................................ B ank o f New Y o rk , Fiscal Agent of the United States, New York 45, N. Y. D ............................................................. 195g S ir s : ear Subject to the provisions of Treasury Department Circular No. 1010, dated June 4, 1958, the under signed hereby subscribes for United States o f America 1*4 percent Treasury Certificates of Indebtedness of Series B-1959, in the amount of $....................................* and tenders in payment therefor a like par t o f the securities— jlivered to you herew ith................................................................................... $............................... > be withdrawn from securities held by y o u .................................................. $............................... Fiecea > be delivered b y ................................................................................................. $............................... ‘ lease fill in on the reverse side the schedule “ List o f Accounts Included in this Subscription.” ) SECURITIES SURRENDERED—Due or called June 15, 1958 _______ (List serial numbers on reverse side) F ace am ount ----- 2% % Treasury Notes of Series A-1958 ......................................... $......................... 2% % Treasury Bonds of 1958-63 ..................................................... $ ......................... 2% % Treasury Bonds of 1958 .......................................................... $......................... Total ................................................................................. $ ......................... Pay interest on registered bonds (if a n y ): □ By check; □ By credit to our reserve account NONNEGOTIABLE RECEIPT To Subscriber: S ubscription N o. 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 r k , Fiscal Agent of the United States, hereby acknowledges receipt of securities tendered with subscription numbered as above in exchange for V/4 PERCENT TREASURY CERTIFICATES OF INDEBTEDNESS OF SERIES B-1959. Securities allotted on this subscription will be delivered on June 16, 1958, in accordance with your instructions. -......................... - .................................................... Teller Government Bond Division— Issues & Redemption Section ...... Pieces CERTIFICATES DESIRED IN EXCHANGE D en om i n ation $ F a ce am ount (L e a v e this spa ce blan k) 1,000 5,000 f 10,000 Dispose of securities issued as follows : □ 1. Deliver over the counter to the undersigned □ 2. Hold in safekeeping (for member bank only) □ 3. Hold as collateral for Treas ury Tax and Loan Account □ 4. Ship to the undersigned □ 5. Special instructions: 100,000 1,000,000 TOTAL T o F ed eral R eserve B an k op N e w Y o r k , F isc a l A g e n t o f the U n ited States .............(D ate).............. Y o u are h ereby authorized to d eliver to (Name of representative) w hose sign a tu re ap p ears below , $ ............................................ p ar am ount o f securities issued p ursuant to this su bscription. N am e............................................................................. (Please print) To (Official signature required) (Signature of authorized representative) S u b s c r ib e r : I f securities are to bo delivered over the counter at this B an k to y ou r representative, the au th ority in the b o x to the le ft should be executed on the d ate o f delivery. / f ' ( I f space is insufficient in schedules below, attach separate listing) List of Accounts Included in this Subscription (Indicate amount o f each issue surrendered by each customer and by yourself) ( Leave this space blank) Name and address o f account 2%% Notea 2% % Bonds 2%% Bonds (Please print or typewrite) (A -1 9 5 8 ) (1 9 5 8 -6 3 ) (1 9 5 8 ) $.............. O ur own account $...................... $ .................. Total $.......... .............................................. Total subscription .................................... $ ...................... $ ...................... $...................... $ ...................... Denominations and Serial Numbers of Securities Surrendered I ssu e 2 % % N otes (A -1 9 5 8 ) B on d s (1 9 5 8 -6 3 ) 2% % B onds (1 9 5 8 ) 2% % Subscription Number CASH SUBSCRIPTION For United States of America 3^4 Percent Treasury Bonds of 1985 Dated June 3, 1958, Due May 15, 1985 Important 2. Do not subscribe to both registered and coupon bonds on the same form. 3. 1<inal payment for bonds allotted on this subscription must be made on June 18, 1958. F ed eral R eserve B a n k op N e w Y o rk , Dated at Fiscal Agent of the United States, Federal Reserve P. 0 . Station, New York 45, N. Y. Dear Sirs : .1958 Attention: Securities Department— 9th Floor Pursuant to the provisions of Treasury Department Circular No. 1009, dated June 3, 1958, the undersigned herebv subscribes at 100% and accrued interest for United States of America 3V, percent Treasury Bonds of 1985. as SxtoA h oW For own account For our customers, shown on reverse side (for use of commercial banks only) Total subscription. /m m ercial bank is su b scrib in g fo r its ow n accoun t o r f o r accou n t o f custom ers, the follo w in g certification is m ade a p art o f this su bscrip tion ) that we have received applications from our customers in the amounts set opposite the customers’ on the attached list which is made a part of this subscription; that we have not made unsecured loans or loans ralized m whole or m part by the securities applied for, to supply the amounts of required payments with applications of such customers; that we have no beneficial interest m the applications of such customers, and that none of our cuss has any beneficial interest in the amount subscribed for our own account. .V e F u r t h e r C e r t i f y that the subscription for our own account does not exceed the greater of (a) 2 percent of the ined amount of time certificates of deposit (but only those issued in the names of individuals, and of corporations nations and other organizations not operated for profit), and of savings deposits, or (b) 5 percent of our combined tal, surplus and undivided profits. fE H e r e b y C e r t i f y (F ill in all required spaces b e fo re sig n in g ) SUBSCRIBER: (Name of subscriber— Please print or typewrite) Mark (X ) in proper space to indicate if this is: riginal subscription.................... □ B y ........ (Official signature) (Title) ,'onfirmation of a telegram.......... □ Jonfirmation of a letter................ □ Address (For use of Federal Reserve Bank o f New York) Subscription books will be open only on June 3 for the receipt of cash subscriptions. Blotter............................. Examined....................... ALLOTMENT $ _____________________ Acknowledged................ F igu red Checked A dvised Carded............................ / (P le a se ind icate below how deposit paym ent fo r securities applied fo r is to be m ade) By credit to Treasury Tax and Loan Account as indicated in the attached Certificate of Deposit By charge to our reserve account (letter authorizing charge should accompany subscription) By ch e ck .................................................................................................................................................... By cash (Name of subscriber) Certificate of Deposit in Treasury Tax and Loan Account (R ep resen tin g d eposit paym ent o f 20 percent o f the securities applied l'or) To Federal Reserve Bank of New York Government Bond Division The undersigned depositary certifies that it will deposit on June 3, 1958, to the credit of Federal Reserve Bank of New York, Fiscal Agent of the United States, in the Treasury Tax and Loan Account, to be held subject to withdrawal on demand the above sum represent ing a 20 percent deposit payment on $ • (par value) of S1/^ percent Treasury bonds oi IJoo. Dated (Name of depositary) B y .................................................................................... . (Official signature required) .................... (Title) Street address ................................................................................................. (C ity , T o w n o r V illage, P . O . N o ., and State) (For use of commercial bank subscribers only) List of customers included in this subscription41 (Please print or typewrite, and list only one name per line.) Leave blank Name o f Customer Address Amount Subscribed for Leave blank * ...................... * (If you need additional space for customers’ names, you may use the reverse side of an additional subscription form, and attach hereto.) 4605 FED ER A L R E S E R V E BANK QP NEW YORK Q K • *• at Subscription Number F l « C A L A O E N T OI> T H I U N I T E D S T A T E S NOTICE OF ALLOTMENT For United States of Am erica i 3% Percent Treasury Bonds of 1985 To Subscriber: On your subscription, numbered as above, for $ (par amount) of— U N IT E D S T A T E S O F A M E R IC A 3*4 P E R C E N T T R E A S U R Y BONDS O F 1985, D A T E D A N D B E A R IN G IN T E R E S T F R O M JUNE 3, 1 958, D U E M A Y 15, 1985, which you filed pursuant to the provisions of Treasury Department Circular No. 1009, dated June 3, 1958, the Secretary of the Treasury has allotted bonds to you in the amount of— $ Important 1. To expedite delivery of the bonds allotted to you and to facilitate prompt completion of this transaction, please fill in, sign and return immediately the attached Letter of Instructions to the Federal Reserve Bank of New York, Fiscal Agent of the United States, New York 45, N. Y. P aym ent 2. In the event allotments are at a rate which exceeds the required deposit (20 percent of the amount subscribed for), payment at lOO1/-* and accrued interest in the amount of $1,335 per $1,000 par amount for the bonds allotted, less an adjustment for the amount of the deposit, and accrued interest thereon in the amount of $1,335 per $1,000 must be com pleted on June 18, 1958, or on later allotment. In the event allotments are less than a rate of the required deposit of 20 percent of the amount subscribed for, the amount of the deposit in excess of 100y2 per $1,000 par amount for the bonds allotted will be returned to the subscribers. In no event will bonds allotted be delivered prior to June 18, .1958. Payment therefor may be made by check, cash, charge, or credit, as follows: By Check—The check should be inado payable to the order o f the FEDERAL RESERVE BAN K O B NEW Y O R K , FISCAL AGENT OF T H E UNITED STATES. The bonds will not be delivered by this Bank until tho proceeds o f a chock have been collected. The proceeds o f a check drawn on the Federal Reserve Bank o f New York are immediately available. By Cash— Payment may be made in cash. By Charge— A member bank may make payment by requesting us to charge its reserve account, or a nonmember clearing bank may make payment by requesting us to charge its clearing account. By Credit— ( a) If subscriber is a depositary o f public moneys qualified under the provisions o f Treasury Department Circular No. 92 (R evised), it will be permitted to make payment by credit in the Treasury Tax and Loan Account for the bonds allotted to it for its own account and fo r its customers (up to any amount for which it shall be qualified in excess o f existing deposits). ( b ) Bonds o f this issue allotted to a qualified depositary fo r its own account may be pledged with the Federal Reserve Bank o f New York as collateral socurity for deposits in the Treasury Tax and Loan Account. D eliv ery 3. (a) Delivery of the securities allotted will be made by the Federal Reserve Bank of New York at its Head Office in New York City, and will not be made before June 18, 1958. (b) The securities will be delivered over the counter to a representative of the subscriber, provided the represent tive presents a letter of authority identifying him and signed officially by the subscriber. S a fek eep in g sv' 4. Bonds allotted to member banks for their own account may be left with this Bank for safekeeping pursuant to the ’ms of our Operating Circular No. 14. F Cheeked by. R eserve B a n k of N e w Y Fiscal Agent o f the United States. ederal ork, (This letter of instructions, accompanied by attached duplicate copy, should be filled in and returned to Federal Reserve Bank of New York) Subscription Number LETTER OF INSTRUCTIONS To 2 F e d e r a l R eserve B a n k o f N ew Y o rk , Fiscal Agent o f the United States, Federal Reserve P. 0 . Station, New York 45, N. Y. Attention: Government Bond Division— 2nd Floor From (Name and address of Subscriber) Dated at r .1958 L ■On our subscription, numbered as above, for $ (par amount) of— U N IT E D S T A T E S O F A M E R IC A 3 U PE R C E N T T R E A S U R Y BO N D S O F 1985, D A T E D A N D B E A R IN G IN T E R E S T F R O M JUNE 3, 1 9 5 8 , D U E M A Y 15, 1985, i we filed pursuant to the provisions of Treasury Department Circular No. 1009, dated June 3, 1958, we have received notice of allotment stating that the Secretary of the Treasury has allotted bonds to us in the amount of— As requested we are sending you the following instructions (fill in item 1 or 2 below as the case may be) : 1. The amount allotted to us, at 100*4, exceeds the amount of our deposit b y ............................. ..................... Accrued interest ($1,335 per $1,000 on par amount allotted in excess of deposit) .................. $............................... Final payment d u e ......................... ................................................................................................. $............................... Final payment will be made as follows: □ By charge to our reserve account, which you are authorized to make □ By check Q By cash □ By credit to Treasury Tax and Loan Account on our books as indicated on the attached Certificate of Deposit which we have officially executed 2. The amount of our deposit exceeds the amount allotted to us, at 100*4, b y ........................... $............................... Refund the amount due us as follows: □ By credit to our reserve account □ By check □ By adjustment in Treasury Tax and Loan Account (if deposit payment was made by credit to Treasury Tax and Loan Account, refund must be made by adjustment in that account) B E A R E R BONDS DESIRED (F o r R EG IST E R E D bonds— use only reverse side) Denomi nation Face amount □ □ □ □ □ (Leave this space blank) 500 1,000 Dispose of securities issued, as follows: 1. Deliver over the counter to the undersigned 2. Hold in safekeeping (for member bank only) 3. Hold as collateral for Treasury Tax and Loan account 4. Ship to the undersigned 5. Special instructions: 6,000 10,000 100,000 T h e u ndersigned h ereb y certifies that the securities to be d isp osed o f as in d ica ted in item 2 or 3 a b o v e are ow ned s o le ly b y the undersigned. 1,000,000 (I M P O R T A N T : b e a c c e p te d .) TOTAL This letter of instructions must be signed officially in the space provided and re turned immediately to Federal Reserve Bank o f New York, Fiscal Agent of the United States. N o ch a n ges in d eliv ery instructions w ill Submitted by (P lease prin t) By .......... . By (A u th o ris e d s ig n s tu r e (s ) Title ............. ........................ required) Title ............. Address.................................................................................... (S p a ce s b e lo w a re fo r the u se o f F ed eral R eserve Bank o f N ew Y o r k ) Safekeeping Division Government Bond Division Payment received ...................... Checked . Deliver against payment Delivered o f $. DELIVERY RECEIPT Received from Federal Reserve Bank of New York, Fiscal Agent of the United States, the above described securities allotted in the amount indicated above. Date. Subscriber. B y. S T I f payment is to be made by credit to Treasury Tax and Loan Account, the following Certificate of Deposit should be officially executed. Certificate of Deposit in Treasury Tax and Loan Account To Federal Reserve Bank of New York Government Bond Division (D ate) The undersigned depositary certifies that it will deposit to the credit of Federal Reserve Bank of New York, Fiscal Agent of the United States, in the Treasury Tax and Loan Account, to be held subject to withdrawal on demand the above sum in payment of (par value) 3*4 percent Treasury Bonds of 1985, allotted as per Notice of Allotment received from you. Subscription Number (N am e of depositary) By. (O fficia l signature required) Street address (City, Town or Village, P. O. No., and State) (T id e ) SCHEDULE FOR ISSUE OF REGISTERED BONDS DESIRED (Names and addresses must be printed or typewritten) (Indicate number of bonds desired in each denomination) Names In which bonds of this issue ihall be registered, and postoffice addresses for mailing interest checks Par amount desired fsoo $1,000 15,000 $10,000 $100,000 $1,000,000 f- T 'V V -•K*' ■-* - Il 1. y. 8 I t e T ir I y 2. r « i.i> .v, >r!. •//-,: <i - .y • • ’ li til 'Ot }■>■■ -.dj 4‘ ; 3. 1 4. ' - 9- i , 5. T e. . ..... . ,r „ ... v i(X Total a f t • ' " 1 : t ,: (F o r use o f Federal Reserve Bank o f New Y o r k ) Denominations and Serial Numbers of Bonds Registered < *V ~ (DUPLICATE FOR USE OF FEDERAL RESERVE BANK OF NEW YORK) Subscription Number LETTER OF INSTRUCTIONS T o F e d e r a l R e s e r v e B a n k op N e w Y o r k , F iscal A gen t o f the U nited States, F ederal Reserve P . 0 . Station, New Y ork 45, N. Y . A tte n tio n : Government B ond D ivision— 2nd F loor F rom ( N a m e an d ad dress o f S u b scrib er) D ated at ............... r .1958 L On ou r subscription, num bered as above, fo r $ (p a r am ount) o f— U N IT E D S T A T E S O F A M E R IC A 3*4 P E R C E N T T R E A S U R Y BO N D S O F 1985, D A T E D A N D B E A R IN G IN T E R E S T F R O M JUNE 3, 19 5 8, D U E M A Y 15, 19 8 5, which we filed pursuant to the provisions o f Treasury D epartm ent C ircular No. 1009, dated June 3, 1958, we have received y o u r notice o f allotm ent stating that the Secretary o f the T reasu ry has allotted bonds to us in the amount o f— As requested we are sending you the following instructions (fill in item 1 or 2 below as the case may b e ) : 1. The amount allotted to us, at 100*4, exceeds the amount of our deposit b y ............................. $............................... Accrued interest ($1,335 per $1,000 on par amount allotted in excess of deposit) .................. $............................... Final payment d u e ............................................................................................................................ $............................... Final payment will be made as follows: □ By charge to our reserve account, which you are authorized to make □ By check □ By cash . . □ By credit to Treasury Tax and Loan Account on our books as indicated on the attached Certificate of Deposit which we have officially executed 2. The amount of our deposit exceeds the amount allotted to us, at 100Y2, b y ........................... $............................... Refund the amount due us as follows: □ By credit to our reserve account □ By check □ By adjustment in Treasury Tax and Loan Account (if deposit payment was made by credit to Treasury Tax and Loan Account, refund must be made by adjustment in that account) B E A R E R BONDS DESIRED (For REGISTERED bonds— use only reverse side) Pieces Denomi nation Face amount (Leave this apace blank) . 500 1,000 Dispose o f securities issued, as follow s: □ □ □ □ □ 1. 2. 3. 4. 5. D eliver over the counter to the undersigned H old in safekeeping ( f o r member bank on ly) H old as collateral fo r Treasury Tax and Loan account Ship to the undersigned Special instructions: 5,000 10,000 100,000 T h e undersigned h ereby certifies that the securities to be disp osed o f aa in dicated in item 2 or 3 a b ov e are ow ned solely by the undersigned. 1,000,000 (I M P O R T A N T : b e a c c e p te d .) TOTAL This letter of instructions must be signed officially in the space provided and re turned immediately to Federal Reserve Bank of New York, Fiscal Agent of the United States. Submitted by By ............ No changes in d elivery instructions will (Please print) By (Authorized signature(a) required) Title ................................................................. Title*........... Address........................................................................... , . . . . (S p a ce s b e lo w are fo r the use o f F ed eral R eserve Bank o f N ew Y o r k ) Government Bond Division Safekeeping Division Received from Federal Reserve Bank of New York, Fiscal Agent of the United States, the above described securities allotted in the amount indicated above. By. Subscriber. Date. SCHEDULE FOR ISSUE OF REGISTERED BONDS DESIRED (Names and addresses must be printed or typewritten) Names in which bonds o! this issue shall be registered, and poetoffice addresses for mailing interest checks (Indicate number of bonds desired in each denomination) Par amount desired fSOO $1,000 $5,000 1. 2. 3. [' V 5. 6. Total (F or use o f Federal Reserve Bank of New York) Denominations and Serial Numbers of Bonds Registered $10,000 $100,000 $1,000,000 v ALLOTMENT NOTICE FOR GOVERNMENT BOND DIVISION To Subscriber: On your subscription, numbered as above, for $ (par amount) of— U N IT E D S T A T E S O F A M E R IC A 3 H PE R C E N T T R E A S U R Y BO N D S O F 1985, D A T E D A N D B E A R IN G IN T E R E S T F R O M JUNE 3, 19 5 8, D U E M A Y 15, 1985, which you filed pursuant to the provisions of Treasury Department Circular No. 1009, dated June 3, 1958, the Secretary of the Treasury has allotted bonds to you in the amount of— 5 ALLOTMENT NOTICE FOR SECURITY FILES To Subscriber: r : # L 4 . On your subscription, numbered as above, for $ (par amount) of— U N IT E D S T A T E S O F A M E R IC A 3*4 P E R C E N T T R E A S U R Y BO N D S O F 1985, D A T E D A N D B E A R IN G IN T E R E S T F R O M JUNE 3, 1 9 5 8 , D U E M A Y 15, 1985, which you filed pursuant to the provisions of Treasury Department Circular No. 1009, dated June 3, 1958, the Secretary of the Treasury has allotted bonds to you in the amount of— $ ALLOTMENT NOTICE FOR SECURITIES DEPARTMENT To Subscriber: 6 r L_ On your subscription, numbered as above, for $ (par amount) of— U N IT E D S T A T E S O F A M E R IC A 3*4 P E R C E N T T R E A S U R Y BO N D S O F 1985, D A T E D A N D B E A R IN G IN T E R E S T FRO M JUNE 3, 1 958, DUE M A Y 15, 1985, which you filed pursuant to the provisions of Treasury Department Circular No. 1009, dated June 3, 1958, the Secretary of the Treasury has allotted bonds to you in the amount of— 4605 FEDERAL RESERVE BANK O F NEW YORK S E C U R IT IE S D E P A R T M E N T A D V ICE TO S U B S C R I B E R To Subscription No. Date Your cash subscription for $ United States of America 3*4 Percent Treasury Bonds of 1985, Dated and bearing interest from June 3, 1958, Due May 15, 1985 has been received by this Bank, as fiscal agent of the United States, and, pursuant to Treasury Department Circular No. 1009, which offers the above-mentioned obligations of the United States, allotment notices will be sent out promptly upon allotment, and allotments will be made on the basis and up to the amounts indicated by the Secretary of the Treasury to this Bank. Checked b y -------------------------------- F e d e r a l R ese r v e B a n k of New Y ork, Fiscal Agent of the United States. FEDERAL RESERVE BANK OF NEW YORK S E C U R IT IE S D E P A R T M E N T 1 To CARD RECORD Subscription No. Date Cash subscription received from above subscriber for $ United States of America 3 % Percent Treasury Bonds of 1985, Dated and bearing interest from June 3, 1958, Due May 15, 1985 FEDERAL RESERVE BAN K O F NEW YO R K S E C U R IT IE S D E P A R T M E N T S E C U R IT Y FILE S C O P Y To Subscription No. Date Cash subscription received from above subscriber for $ United States of America 3V4 Percent Treasury Bonds of 1985, Dated and bearing interest from June 3, 1958, Due May 15, 1985
@FedFRASER