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FED ERAL RESER VE BANK OF NEW YORK Fiscal A gen t o f the U nited States rC ircu la r N o. 4 6 2 7 ~l L A ugust 1, 1958 J TREASURY’S CURRENT EXCHANGE OFFERING Final Results 7V. All Banking Institutions, and Others Concerned, in the Second Federal Reserve D istrict: The following statement was made public today: The T reasu ry D epartm en t to d a y a n nou n ced the results o f the cu rren t exch ange offerin g o f 1 % percen t T rea su ry Certificates o f Indebtedness o f Series C-1959, dated A u g u st 1, 1958, due A u g u st 1, 1959, op en to holders o f $11,519,077,000 o f 4 p e rc e n t T rea su ry C ertificates o f Indebtedness o f Series C-1958, m atu rin g A u g u st 1, 1958, an d $3,818,002,500 o f 2^4 p e rce n t T rea su ry B on d s o f 1956-59 and $926,811,000 o f 2 % percen t T reasu ry B on d s o f 1957-59, called fo r red em p tion on Septem ber 15, 1958. S u b scrip tion s fo r the new certificates a m ou n ted to $13,500,516,000, lea vin g $2,763,374,500 o f the m aturing issues fo r cash redem ption. A m ou n ts exch anged were d iv id e d am ong th e several F ed era l R eserve D istricts and the T reasu ry as fo llo w s : Federal R eserve District B oston ........................... N ew Y ork ..................... P h ilad elp h ia ................ C leveland ..................... R ich m on d ..................... A tlan ta ......................... C hicago ......................... St. L ou is ....................... M inneapolis ................ K ansas C ity ................ D allas ........................... San F ra n cisco ............ T rea su ry .................. T otal ..................... C-1958 Certificates Exchanged $ 106,589,000 Bonds o f 1956-59 Exchanged $ 80,016,000 Bonds o f 1957-59 Exchanged 8,720,164,000 94,069,000 194,125,000 1,035,361,000 63,974,000 85,473,000 70,751,000 171,828,000 525,892,000 182,638,000 117,523,000 136,007,000 74,422,000 229,962,000 10,355,000 29,888,000 69,234,000 376,879,000 43,631,000 38,532,500 63,152,500 65,149,500 252,261,500 2,482,000 $ 11,127,000 476,183,000 4,598,000 13,901,000 4,035,000 6,082,000 32,566,000 6,300,000 9,845,500 8,089,500 7,067,500 78,455,500 1,907,000 $10,634,325,000 $2,206,034,000 $660,157,000 A Total Exchanges $ 197,732,000 $13,500,516,000 10,231,708,000 162,641,000 293,499,000 104,674,000 247,144,000 935,337,000 232,569,000 165,901,000 207,249,000 146,639,000 560,679,000 14,744,000 lfred H ayes, President.
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