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FE D E RA L R E SE R V E BANK OF NEW YORK Fiscal A g en t of the U nited States r Circular N o. 4 6 2 6 1 July 31, 1958 J L C U R R E N T C A S H O F F E R IN G 1]/2 Percent Treasury Tax Anticipation Certificates Basis o f Allotment and Amount o f Subscriptions To A ll Banking Institutions, and Others Concerned, in th e Second F ederal R eserve D istrict: The follow in g statement was made public tod a y : T he T reasu ry tod a y a n n ou n ced a 59 p ercen t allotm en t 011 su bscrip tion s in excess o f $100,000 fo r the cu rre n t cash offerin g o f $ 3 % b illion o f l 1/^ percen t tax a n ticip a tion certificates. in fu ll. S u b scrip tion s fo r $100,000 or less w ill be allotted S u b scrip tion s fo r m ore th an $100,000 w ill be allotted n o t less than $100,000. R ep orts received thus fa r fr o m the F e d e ra l R eserve B anks show that su bscrip tion s total abou t $5,960 m illion. D etails b y F ed era l R eserve D istricts as to su bscrip tion s an d allotm ents w ill be a n nou n ced w hen final reports are received fro m the F e d era l R eserve Banks. A lfred H ayes, President.