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FEDERAL RE SE R V E BANK
OF NEW YORK
Fiscal A gen t o f the United States
rC ircular N o. 4 8 6 8
April 4, 1960

L

CASH OFFERINGS
4 Percent Treasury Notes of Series E-1962
4 % Percent Treasury Bonds of 1975-85
To A ll Banking Institutions, and Others Concerned,
in the Second Federal Reserve D istrict:

T h e s u b s c r ip t io n b o o k s a r e o p e n to d a y a n d to m o r r o w o n ly f o r ca s h o ffe r in g s , a t p a r , o f
$2 billion, or thereabouts, o f 4 percent Treasury Notes o f Series E-1962, and
Up to $1.5 billion o f 4 % percent Treasury Bonds o f 1975-85.

The main distinguishing features of both issues are as follow s:
N otes
Issue d a t e ...............................
M aturity d a t e ........................
C a lla b ility ..............................

A p ril 14, 1960
M ay 15, 1962
Not callable

D elivery d a t e ........................
Commercial bank subscrip­
tion lim ita tion s.................

A p ril 14, 1960

Down-paym ent required on
subscriptions subject to
allotment ............. ............

Bonds
A p ril 5, 1960
May 15, 1985
Callable May 15, 1975 or on any interest
date thereafter
A p ril 14, 1960

50 percent o f capital, surplus,
and undivided profits

4 percent o f certain time certificates of deposit and savings deposits or 10 percent
o f capital, surplus, and undivided profits,
whichever is greater

2 percent (none fo r commercial banks fo r own account)

20 percent (none fo r commercial banks for
own account, States, political subdivi­
sions or instrumentalities thereof, and
public pension and retirement and other
public funds)
U p to $25,000 on fully paid subscriptions

F u ll allotment ......................
Treasury Tax and Loan
credit availability ...........
D eferred p a y m e n t...............

No provision
7 5% o f amount allotted
No provision

Interest a d ju stm en t.............

No provision

100% o f amount allotted
Savings-type investors may pay in specified
installments through June 15
A ccrued interest to he charged at rate of
$0.12 per $1,000 per day on unpaid bal­
ances after A pril 5

Subscribers to the notes should enter subscriptions on Form N. Subscribers to the bonds
should enter subscriptions as follow s: subscribers other than commercial banks who desire
full allotments on subscriptions up to $25,000 accompanied by full payment should use Form
B - l ; commercial banks desiring full allotments on subscriptions up to $25,000 for their own
or customers’ accounts should use Form B-2; all subscribers filing subscriptions subject to
allotment should use Form B-3.
Commercial banks entering subscriptions fo r the bonds on a fully paid basis for their own
account, or on any basis fo r their customers, must make payments to a Federal Reserve Bank
or Branch, or to the Treasury, along with their subscriptions, either in immediately available




funds or by credit in Treasury Tax and Loan Accounts. Down-payments on the notes required
to be received by commercial banks from their customers should be retained by the banks until
A pril 14.
A ll subscribers to the notes and bonds are required to agree not to purchase or sell, or to
make any agreements with respect to the purchase or sale or other disposition of the securities
subscribed fo r until after midnight, A pril 5. Commercial banks and other lenders are requested
to refrain from making unsecured loans, or loans collateralized in whole or in part by the
securities subscribed for, to cover the deposits required to be paid when subscriptions are
entered, and banks will be required to make the usual certification to that effect.
The terms o f these offerings are set forth in Treasury Department Circulars Nos. 1039
and 1040, both dated A pril 4, 1960, copies o f which are printed on the following pages.
Subscriptions will be received by this Bank as fiscal agent of the United States. Subscrip­
tions should be made on official subscription form s described above, copies of which are
enclosed, and should be mailed immediately. I f filed by telegram or letter, subscriptions
should be confirmed immediately by mail on the form s provided. The subscription books will
remain open for two days, A pril 4 and 5, 1960. A ny subscription addressed to a Federal
Eeserve Bank or Branch or to the Treasury Department and placed in the mail before mid­
night, A pril 5, will be considered timely.




A

lfred

H

ayes,

President.

UNITED STATES OF AMERICA
4 % PERCENT TREASURY BONDS OF 1975-85
Dated and bearing interest from April 5, 1960

Due May 15, 1985

REDEEMABLE AT THE OPTION OF THE UNITED STATES AT PAR AND ACCRUED INTEREST ON
AND AFTER M AY 15, 1975
Interest payable May 15 and November 15
I9 60
D ep artm en t C ircular N o. 1040

TR E A SU R Y DEPARTM ENT,
O

Fiscal Service
B ureau o f th e P u b lic D ebt

I.

OFFERING OF BONDS

1. The Secretary o f the Treasury, pursuant to
the authority o f the Second Liberty B ond A ct, as
amended, invites subscriptions, at par and accrued
interest, from the people o f the United States fo r
bonds o f the United States, designated 4*4 percent
Treasury Bonds o f 1975-85. The amount o f the offer­
ing under this circular is up to $1,500,000,000, or
thereabouts. In addition to the amount offered for
public subscription, the Secretary o f the Treasury
reserves the right to allot up to $100,000,000 o f these
bonds to Government Investment Accounts. The books
will be open only on A p ril 4 and A p ril 5 fo r the
receipt o f subscriptions for this issue.
2. D eferred payment fo r bonds allotted hereunder
may be made as provided in Section I V hereof by any
o f the follow ing subscribers, who fo r this purpose are
defined as savings-type investors:
Pension and retirement funds— public and private
Endowm ent funds
Common trust funds under Regulation F o f the
Board o f Governors o f the Federal Reserve
System
Insurance companies
Mutual savings banks
Fraternal benefit associations and labor un ions’ in­
surance funds
Savings and loan associations
Credit unions
Other savings organizations (not including commer­
cial banks)
States, political subdivisions or instrumentalities
thereof, and public funds.
II.

DESCRIPTION OF BONDS

1. The bonds will be dated A p ril 5, 1960, and will
bear interest from that date at the rate o f 4 % percent
per annum, payable on a semiannual basis on Novem­
ber 15, 1960, and thereafter on May 15 and Novem­
ber 15 in each year until the principal amount be­
comes payable. They will mature M ay 15, 1985, but
may be redeemed at the option o f the United States
on and after May 15, 1975, in whole or in part, at par
and accrued interest, on any interest day or days, on
4 months’ notice o f redemption given in such manner
as the Secretary o f the Treasury shall prescribe. In
case o f partial redemption the bonds to be redeemed
w ill be determined by such method as may be pre­
scribed by the Secretary o f the Treasury. From the
date o f redemption designated in any such notice, in­
terest on the bonds called fo r redemption shall cease.
2. The income derived from the bonds is subject
to all taxes imposed under the Internal Revenue Code
o f 1954. The bonds are subject to estate, inheritance,
g ift 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



f f ic e

of

th e

Sec

retary

,

Washington, A p ril 4, 1960.
State, or any o f the possessions o f the United States,
or by any local taxing authority.
3. The bonds will be acceptable to secure deposits
o f public moneys.
4. Bearer bonds with interest coupons attached, and
bonds registered as to principal and interest, w ill be
issued in denominations o f $500, $1,000, $5,000,
$10,000, $100,000 and $1,000,000. Provision w ill be
made fo r the interchange o f bonds o f different denomi­
nations and o f coupon and registered bonds, and fo r
the transfer o f registered bonds, under rules and regu­
lations prescribed by the Secretary o f the Treasury.
5. A n y bonds issued hereunder which upon the
death o f the owner constitute part o f his estate, w ill be
redeemed at the option o f the duly constituted repre­
sentatives o f the deceased ow ner’s estate, at par and
accrued interest to date o f paym ent,1 p rovid ed:
(a ) that the bonds were actually owned by the
decedent at the time o f his death; and
( b ) that the Secretary o f the Treasury be author­
ized to apply the entire proceeds o f redemption
to the paym ent o f Federal estate taxes.
Registered bonds submitted fo r redemption hereunder
must be duly assigned to “ The Secretary of the
Treasury fo r redemption, the proceeds to be paid to
the D istrict D irector o f Internal Revenue a t ...............
............... fo r credit on Federal estate taxes due from
estate o f .................................. ” . Owing to the periodic
closing o f the transfer books and the impossibility of
stopping payment o f interest to the registered owner
during the closed period, registered bonds received
after the closing o f the books fo r payment during
such closed period w ill be paid only at par with a
deduction o f interest from the date o f payment to the
next interest paym ent date;2 bonds received during
the closed period fo r paym ent at a date after the
books reopen w ill be paid at par plus accrued interest
from the reopening o f the books to the date o f p ay­
ment. In either case checks fo r the fu ll six months’
interest due on the last day o f the closed period will be
forw arded to the owner in due course. A ll bonds sub­
mitted must be accompanied by Form PD 1782,3
properly completed, signed and certified, and by p roof
o f the representatives’ authority in the form o f a
court certificate or a certified copy o f the representa­
tives’ letters o f appointment issued by the court. The
1 A n exact h a lf-y e a r’s interest is com puted fo r each fu ll
half-year period irrespective o f the actual number o f days in
the h a lf year. F or a fractional part o f any h a lf year, com puta­
tion is on the basis o f the actual number o f days in such
h a lf year.
2 The transfer books are closed from A p ril 16 to M ay 15, and
from O ctober 16 to Novem ber 15 (both dates inclusive) in
each year.
3 Copies o f Form P D 1782 m ay be obtained from any Federal
Reserve Bank or from the Treasury Department, W ashing­
ton 25, D. C.

certificate, or the certification to the letters, must be
under the seal o f the court, and except in the case o f
a corporate representative, must contain a statement
that the appointment is in full force and be dated
within six months p rior to the submission o f the
bonds, unless the certificate or letters show that the
appointment was made within one year immediately
prior to such submission. U pon paym ent o f the bonds
appropriate memorandum receipt will be forw arded
to the representatives, which will be follow ed in due
course b y form al receipt from the D istrict Director
o f Internal Revenue.
6.
The bonds will be subject to the general regula­
tions o f the Treasury Department, now or hereafter
prescribed, governing United States bonds.
IIL

SU B S C R IPT IO N A N D A LL O TM E N T

1. Subscriptions w ill be received at the Federal
Reserve Banks and Branches and at the Office o f the
Treasurer o f the United States, W ashington. Com­
mercial banks, which fo r this purpose are defined as
banks accepting demand deposits, m ay submit sub­
scriptions fo r account o f customers, but only the
Federal Reserve Banks and the Treasury Department
are authorized to act as official agencies. Others than
commercial banks w ill not be permitted to enter sub­
scriptions except fo r their own account. Subscriptions
from commercial banks fo r their own account will be
received without deposit but w ill be restricted in each
case to an amount n ot exceeding 4 percent o f the
combined amount o f time certificates o f deposit (but
only those issued in the names o f individuals, and o f
corporations, associations, and other organizations
not operated fo r p rofit), and o f savings deposits, or
10 percent o f the com bined capital, surplus and un­
divided profits, o f the subscribing bank, whichever is
greater. Subscriptions from States, political subdivi­
sions o r instrumentalities thereof, and public pension
and retirement and other public funds also will be
received without deposit. Subscriptions from all others
must be accom panied by payment o f 20 percent of
the amount o f bonds applied for, not subject to with­
drawal until after allotm ent; provided, however, that
all subscriptions up to a maximum o f $25,000 will
be allotted in fu ll if accompanied b y 100 percent p ay­
ment at the time o f entering the subscription. A ll pay­
ments accom panying subscriptions must be made to a
Federal Reserve Bank or Branch or to the Treasurer
o f the U nited States in immediately available funds
or b y credit in a Treasury Tax and Loan Account.
Follow ing allotment, any portion o f the 20 percent
payment in excess o f 20 percent o f the amount o f
bonds allotted may be released upon the request o f the
subscribers.
2. A ll subscribers are required to agree not to p u r­
chase or to sell, or to make any agreements with re­
spect to the purchase o r sale or other disposition o f
any bonds o f this issue, until after m idnight A p ril 5.
1960.
3. Commercial banks in submitting subscriptions
will be required to certify that they have no beneficial
interest in any o f the subscriptions they enter fo r the
account o f their customers, and that their customers
have no beneficial interest in the banks’ subscriptions
fo r their own account.
4. The Secretary o f the Treasury reserves the
right to reject or reduce any subscription, to allot less
than the amount o f bonds applied for, and to make
different percentage allotments to various classes of
subscribers; and any action he may take in these
respects shall be final. The basis o f the allotment will



be publicly announced, and allotment notices will be
sent out prom ptly upon allotment.
IV .

PA Y M E N T

1. Paym ent at par and accrued interest fo r bonds
allotted hereunder must be made or completed on or
before A p ril 14, 1960; provided, however, that where
a subscriber eligible to defer payment under Section I
hereof elects to defer payment fo r part o f the bonds
allotted, not less than 40 percent o f the bonds allotted
must have been paid fo r b y A p ril 14, 1960, n ot less
than 70 percent must have been paid fo r by May 15,
1960, and fu ll payment must be com pleted by June 15,
1960. A ll payments made subsequent to A p ril 5,1960,
must be accompanied b y accrued interest from that
date, at the rate o f $0.12 per $1,000 per day. In the
event allotments are at a rate which exceeds 20 p er­
cent o f the amount subscribed for, paym ent at par
and accrued interest in the amount o f $0.12 per
$1,000 per day fo r the bonds allotted hereunder, less
an adjustment fo r the amount o f the deposit, and
accrued interest thereon in the amount o f $0.12 per
$1,000 per day must be completed on A p ril 14, 1960,
or on later allotment. In the event allotments are less
than a rate o f 20 percent o f the amount subscribed
for, the amount o f the deposit in excess o f the par
amount o f the bonds allotted hereunder will be re­
turned to the subscribers. In no event will bonds
allotted be delivered p rior to A p ril 14, 1960. W here
partial payment fo r bonds allotted is to be deferred
beyond A p ril 14, 1960, delivery o f 5 percent o f the
total par amount o f bonds allotted, adjusted to the
next higher $500, will be withheld from all subscribers
(except States, political subdivisions or instrumentali­
ties thereof, and public pension and retirement and
other public funds) until paym ent fo r the total
amount allotted has been completed. In every case
where payment is not so com pleted the 5 percent so
withheld shall, upon declaration made b y the Secre­
tary o f the Treasury in his discretion, be’ forfeited to
the United States. In all other cases where payment
is not completed on or before A p ril 14, 1960, or on
later allotment, the payment with application u p to 20
percent o f the amount o f bonds allotted shall, upon
declaration made by the Secretary o f the Treasury in
his discretion, be forfeited to the United States. A n y
qualified depositary will be perm itted to make pay­
ment b y credit in its Treasury Tax and Loan A ccount
fo r bonds allotted to it fo r itself and its customers up
to any amount fo r which it shall be qualified in excess
o f existing deposits when so notified by the Federal
Reserve Bank o f its District.
V.

G E N E R A L PRO VISIO N S

1. A s fiscal agents o f the U nited States, Federal
Reserve Banks are authorized and requested to receive
subscriptions, to make allotment on the basis and
up to the amounts indicated b y the Secretary o f the
Treasupr t0 the Federal Reserve Banks o f the respec­
tive Districts, to issue allotment notices, to receive
payment fo r bonds allotted, to make delivery o f bonds
on full-paid subscriptions allotted, and they m ay issne
interim receipts pending delivery o f the definitive
bonds.
2. The Secretary o f the Treasury may at any
time, or from time to time, prescribe supplemental or
amendatory rules and regulations governing the offer­
ing, which will be communicated prom ptly to the
Federal Reserve Banks.

ROBERT B. ANDERSON,
S ecretary o f the Treasury.

UNITED STATES OF AMERICA
4 PERCENT TREASURY NOTES OF SERIES E-1962
Dated and bearing interest from April 14, 1960
I9 60
D ep artm en t C ircular N o . 1039

Dae May 15, 1962

TREASU RY DEPARTM ENT,
O f f ic e

F iacal S ervice
B ureau o f th e P u b lic D ebt

L

OFFERING OF NOTES

1. The Secretary o f the Treasury, pursuant to the
authority o f the Second Liberty B ond A ct, as
amended, invites subscriptions, at par and accrued
interest, from the people o f the United States fo r
notes o f the United States, designated 4 per cent
Treasury Notes o f Series E-1962. The amount o f the
offering under this circular is $2,000,000,000, o r there­
abouts. In addition to the amount offered fo r public
subscription, the Secretary o f the Treasury reserves
the right to allot up to $100,000,000 o f these notes to
Government Investment Accounts. The books will be
open only on A p ril 4 and A p ril 5 fo r the receipt of
subscriptions fo r this issue.
II.

DESCRIPTION OF NOTES

1. The notes will be dated A p ril 14, 1960, and will
bear interest from that date at the rate o f 4 percent
per annum, payable on a semiannual basis on Novem­
ber 15, 1960, and thereafter on May 15 and November
15 in each year until the principal amount becomes
payable. They will mature May 15, 1962, and will
not be subject to call fo r redemption p rior to maturity.
2. The income derived from the notes is subject to
all taxes imposed under the Internal Revenue Code
o f 1954. The notes are subject to estate, inheritance,
g ift 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 o f the possessions o f the U nited States,
or by any local taxing authority.
3. The notes will be acceptable to secure deposits of
public moneys. They will not be acceptable in pay­
ment o f taxes.
4. Bearer notes w ith interest coupons attached,
and notes registered as to principal and interest, w ill
be issued in denominations o f $1,000, $5,000, $10,000,
$100,000, $1,000,000, $100,000,000 and $500,000,000.
Provision will be made fo r the interchange o f notes o f
different denominations and o f coupon and registered
notes, and fo r the transfer o f registered notes, under
rules and regulations prescribed by the Secretary of
the Treasury.
5. The notes will be subject to the general regula­
tions o f the Treasury Department, now or hereafter
prescribed, governing United States notes.

of t h e

Secretary,

Washington, A p ril 4, 1960.
the subscribing bank. Subscriptions from all others
must be accompanied by payment o f 2 percent o f
the amount o f notes applied for, not subject to with­
drawal until after allotment. Follow ing allotment,
any portion o f the 2 percent payment in excess o f
2 percent o f the amount o f notes allotted may be
released upon the request o f the subscribers.
2. A ll subscribers are required to agree not to p u r­
chase or to sell, or to make any agreements with re­
spect to the purchase or sale or other disposition o f
any notes o f this issue, until after m idnight A p ril 5,
1960.
3. Commercial banks in submitting subscriptions
will be required to certify that they have no beneficial
interest in any o f the subscriptions they enter fo r the
account o f their customers, and that their customers
have no beneficial interest in the banks’ subscriptions
fo r their own account.
4. The Secretary o f the Treasury reserves the right
to reject or reduce any subscription, to allot less than
the amount o f notes applied for, and to make different
percentage allotments to various classes o f subscribers;
and any action he m ay take in these respects shall be
final. The basis o f the allotment w ill be publicly
announced, and allotment notices will be sent out
prom ptly upon allotment.
IV .

PAYM ENT

1. Paym ent at par and accrued interest, i f any,
fo r notes allotted hereunder must be made or com­
pleted on or before A p ril 14, 1960, or on later allot­
ment. In every case where paym ent is not so com­
pleted, the paym ent with application up to 2 percent
o f the amount o f notes allotted shall, upon declaration
made b y the Secretary o f the Treasury in his discre­
tion, be forfeited to the United States. A n y qualified
depositary will be permitted to make payment by
credit in its Treasury Tax and Loan A ccount fo r not
more than 75 percent o f the amount o f notes allotted
to it fo r itself and its customers up to any amount fo r
which it shall be qualified in excess o f existing deposits
when so notified by the Federal Reserve Bank o f its
District.
V.

G E N E R A L PRO VISIO N S

1. A s fiscal agents o f the United States, Federal
Reserve Banks are authorized and requested to receive
subscriptions, to make allotments on the basis and
III. SUBSCRIPTION AND ALLOTMENT
up to the amounts indicated by the Secretary o f the
1.
Subscriptions will be received at the Federal Treasury to the Federal Reserve Banks o f the respec­
Reserve Banks and Branches and at the Office o f the
tive Districts, to issue allotment notices, to receive
Treasurer o f the United States, W ashington. Com­
payment fo r notes allotted, to make delivery o f notes
mercial banks, which fo r this purpose are defined as
on full-paid subscriptions allotted, and they may issue
banks accepting demand deposits, may submit sub­
interim receipts pending delivery o f tht definitive
notes.
scriptions fo r account o f customers, but only the F ed ­
eral Reserve Banks and the Treasury Department are
2. The Secretary o f the Treasury may at any
authorized to act as official agencies. Others than com­
time, or from time to time, prescribe supplemental or
mercial banks will not be permitted to enter subscrip­
amendatory rules and regulations governing the offer­
tions except fo r their own account. Subscriptions from
ing, which will be communicated prom ptly to the
commercial banks fo r their own account will be re­
Federal Reserve Banks.
ceived without deposit, but will be restricted in each
R O B E R T B. ANDERSON,
case to an amount not exceeding 50 percent o f the
Secretary o f the Treasury.
Digitizedcombined
for FRASERcapital, surplus and undivided profits, o f


Form N
4868

Subscription Number

CASH SUBSCRIPTION
For United States of America 4 Percent Treasury Notes of Series E-1962
Dated April 14, 1960, Due May 15, 1962

Subscription books will be open only on April 4 and
April 5 for the receipt o f cash subscriptions.

Important
1. Payment at par for these securities must be made on or before A pril 14, 1960.
2. Subscriptions from commercial banks for their own account will be received without deposit; subscriptions from
all others must be accompanied by payment o f 2 percent o f the amount of notes applied for.
3. Commercial banks subscribing for account of customers should hold the 2 percent deposits paid to them by their
customers (see certification below).
4. Cheeks accompanying the subscriptions of others than commercial banks should be made payable to the order o f the
Federal Reserve Bank o f New York, Fiscal Agent o f the United States.
5. Amount of notes applied for must be in multiples o f $1,000.
F e d e r a l R ese r v e B a n k

of

N ew Y

ork,

Dated at

Fiscal Agent o f the United States,
Federal Reserve P. O. Station,
New Y ork 45, N . Y.

.1960
Attention: Securities Department— 9th Floor

D ear S ir s :

Pursuant to the provisions o f Treasury Department Circular No. 1039, dated A pril 4, 1960, the undersigned hereby
subscribes at par for United States of America 4 percent Treasury Notes o f Series E-1962, as follows:
F or own a c c o u n t......................................................................................................................................

$.................................

F o r our customers, shown on reverse side (fo r use o f commercial banks)

...............................

$.................................

Total subscription..............................................................

$.................................

( I f a commercial bank is subscribing fo r its own account or fo r account ofcustomers, the following certifications are made a part o f this subscription)
W e H e r e b y C e r t if y that we have received applications from our customers in the amounts set opposite the customers’
names on the list which is made a part o f this subscription; that there has been paid to us by each such customer, not subject
to withdrawal until after allotment, 2 percent of the amount applied f o r ; that we have not made unsecured loans, or loans
collateralized in whole or in part by the securities applied for, to supply the amounts o f such payments to any of such
customers; that we have no beneficial interest in the applications of such customers, and that none of our customers has
beneficial interest in the amount subscribed for our own account.
W e F u r t h e r C e r t if y that all subscribers for whom subscriptions are hereby entered, have agreed not to purchase or
o sell, or to make any agreements with respect to the purchase or sale or other disposition o f any notes of this issue, until
:r midnight, A pril 5, 1960.
I
W e F u r t h e r C e r t if y that the subscription for our own account does not exceed 50 percent of our combined capital,
surplus and undivided profits.

The undersigned agrees not to purchase or to sell, or to make any agreements with respect to the purchase or sale or
other disposition of any notes of this issue, until after midnight, A pril 5, 1960.
TO SU B SC R IB E R :

(Fill in all required spaces before signing)

Mark ( X ) in proper space
to indicate if this is :
(Name of subscriber—Please print or typewrite)

Original subscription ................... □
Confirmation o f a telegram.......... □
Confirmation o f a letter................. □

By.......

.....................................................i
(Official signature)

........

(Title)

Address

(Spaces below are for the use o f Federal Reserve Bank o f New Y ork)
DEPOSIT




ALLOTMENT

Examined....... .
Acknowledged.
Coded...............
F ig u r e d

Carded.............

A d v is e d

(F or use o f commercial bank subscribers only)
List o f customers included in this subsciription
(Pltost print or typtwriit)

Leave
blank




Name o f Customer

Amount Subscribed

Leave blank

Form B-l
4868

Subscription Number

(This form for use only by others than commercial banks)
GASH SUBSCRIPTION ACCOMPANIED BY FULL PAYMENT
(UP TO A MAXIMUM OF $25,000)
For United States of America 4 % Percent Treasury Bonds of 1975-85
Dated April 5, 1960, Due May 15, 1985
Subscription books will be open only on April 4 and
April 5 for the receipt of cash subscriptions.

Important
1. This form is to be used for subscriptions not in excess of $25,000 that are accompanied by full payment. Such sub­
scriptions will be allotted in full. A subscriber who has entered a subscription on this form in the maximum amount of
$25,000 and desires an additional amount of bonds should enter an additional subscription on Form B-3.
2. Payment may be made by cash or check. Checks should be made payable to the order of the Federal Reserve Bank
o f New York.
3. Amount of bonds applied for must be in multiples o f $500.

I

F ederal R eserve B ank of New Y ork,
Dated a t ......................................
Fiscal Agent o f the United States,
Federal Reserve P. 0 . Station,
............................ .
...
New York 45, N. Y.
Attention: Government Bond Division— 2nd Floor
D ear S ir s :

.1960

Pursuant to the provisions o f Treasury Department Circular No. 1040, dated April 4, 1960, the undersigned hereby
subscribes at par for United States of America 4*4 percent Treasury Bonds o f 1975-85, for—
$........................................... (face amount)

Please issue and deliver the bonds as indicated below (if registered bonds are desired, use schedule on reverse side) :
□

Coupon bonds

□

Registered bonds

Issue the number o f bonds in each denomination
as shown below
B E A R E R BONDS DESIRED
(F o r R E G ISTERED bonds— use only reverse side)
Denomi­
nation

Pieces
$

D e l iv e r y I n s t r u c t io n s

(Leave this space blank)

Face amount

□

1. Deliver over the counter to the undersigned

□

2. Forward to the undersigned
(by registered mail at Government expense, with
return receipt requested)

□

3. Special instructions:

500
1,000
5,000
10,000
TO T A L

The undersigned agrees not to purchase or to sell, or to make any agreements with respect to the purchase or sale or
other disposition o f any bonds subscribed for hereunder, until after midnight, April 5, 1960.
TO SU BSC R IB E R :

(F ill in all required spaces before signing)

Mark ( X ) in proper space
to indicate if this is:
(Nam e of subscriber— Please print or typewrite)

Original subscription ................... □

B y .................

Confirmation o f a telegram........... □
Confirmation o f a letter................. □

(Title)

(Official signature)

Address

................................................................................

(Spaces below are for the use o f Federal Reserve Bank o f New York)

□

Amount o f Payment Received $.

Cash

□

B y.

Check

Safekeeping Division

Government Bond Division

D E L IV E R Y RECEIPT
Received from Federal Reserve Bank o f New York, Fiscal Agent o f the United States, the above described securities in the amount
indicated above.
Date.




Subscriber.

B y.

Schedule for Issue of Registered Bonds
( I f registered bonds, which are mailed directly b y Treasury Department, Washington, D. C., are not to be sent to the registered
owner, give mailing instructions below.)
Name in which bonds shall be registered and post-office
address fo r interest checks and other mail.
(P lease print or typew rite)

(Indicate under appropriate denominations,
number o f bonds desired.)
Amount
$500

$1,000

$5,000

$10,000

M ail registered bonds to




TuiJo

a

ot

£ &L
jj

411O
uob
ifIo£>

Form B-2

Subscription Number

4868

(T his form for use by commercial banks only, for their own and customers’ accounts)
CASH SUBSCRIPTION ACCOMPANIED BY FULL PAYMENT
(UP TO A MAXIMUM OF $25,000)
For United States of America

4% Percent Treasury Bonds of 1975-85

Dated April 5, 1960, Due May 15, 1985
Subscription books will be open only on April 4 and
April 5 for the receipt of cash subscriptions.

Important
1. This form, is to be used by commercial banks for subscriptions to be allotted in full for their own and customers’
accounts. No subscription should be entered on this form in excess of $25,000 for any one account. I f a subscription is
entered on this form for any one account in the maximum amount of $25,000 and an additional amount o f bonds is desired
for such account, the subscription for the additional amount should be entered on Form B-3.
2. Subscriptions for full allotments (up to a maximum of $25,000) from commercial banks for their own or customers’
accounts must be accompanied by 100 percent payment, which payment must be made to this Bank in immediately avail­
able funds or by credit in Treasury Tax and Loan Account. A qualified depositary desiring to make payment in Treasury
Tax and Loan Account must officially execute the advice of deposit attached below.
3. Amount o f bonds applied for must be in multiples o f $500.
F ederal R eserve B a n k

of

New Y

Dated a t ........................................................................

ork,

Fiscal Agent o f the United States,
Federal Reserve P. O. Station,
New York 45, N. Y.

............................................................................... 1960
A ttention: Securities Department— 9th Floor

D e a r Sir s :

Pursuant to the provisions of Treasury Department Circular No. 1040, dated A pril 4, 1960, the undersigned hereby
subscribes at par for United States of America 4^4 percent Treasury Bonds o f 1975-85, as stated below :
F or own a c c o u n t..................................... ..................................
F or our customers, shown on reverse s id e .............................
Total subscription.
W e H ereby Certify that we have received applications from our customers in the amounts set opposite the customers’
names on the list which is made a part o f this subscription; that we have not made unsecured loans, or loans collateralized
in whole or in part by the securities applied for, to supply the amounts o f such payments to any of such customers; that we
have no beneficial interest in the applications of such customers, and that none of our customers has any beneficial interest
in the amount subscribed for our own account.
W e F urther C ertify that all subscribers for whom subscriptions are hereby entered, have agreed not to purchase or
to sell, or to make any agreements with respect to the purchase or sale or other disposition of any bonds subscribed for
hereunder, until after midnight, A pril 5, 1960.
W e F urther C ertify that the total subscription for our own account does not exceed 4 percent o f our combined
amount o f time certificates o f deposit (but only those issued in the names o f individuals, and o f corporations, associations,
and other organizations not operated for profit), and of savings deposits, or 10 percent o f our combined capital, surplus
”id undivided profits, whichever is greater.
The undersigned agrees not to purchase or to sell, or to make any agreements with respect to the purchase or sale or
disposition of any bonds subscribed for hereunder, until after midnight, A pril 5, 1960.
U B SC R IB E R :
Mark ( X ) in proper space
to indicate if this is :

(F ill in all required spaces before signing)

..................................................................................................................................................

.......................................

(N am e o f subscriber— Please print or typewrite)

Drigmal su bscrip tion ..................... U
C o n fir m a tio n O f a

t e l e g r a m ............... O

^

rmation o f a letter................. □

(Official signature)

(Title)

Address

(For use of Federal Reserve Bank o f New York)
Examined.................................

Acknowledged.........................

Coded.......................................

Carded.

(Please indicate below how payment for securities applied fo r is being made)

B y credit to Treasury Tax and Loan Account as indicated in the attached Advice of Deposit . .

$..

B y charge to our reserve account (fo r use of member banks only) ...............................................

$.

B y c h e c k ...............................................................................................................................................................

$-

B y c a s h ................................................................................................................................................................. $-

Advice of Deposit in Treasury Tax and Loan Account
To Federal Reserve Bank o f New York
Government Bond Division
The undersigned depositary certifies that it has deposited to the credit of Federal Reserve
Bank of New York, Fiscal Agent o f the United States, in the Treasury Tax and Loan Account,
to be held subject to withdrawal on demand the sum indicated hereon, representing a 100
percent payment on $
(par value) o f 4 % percent Treasury bonds o f 1975-85.

(Nam e of depositary)

Address
^>ate o f deposit




.......................................................................

List of Customers Included in this Subs<jription
<P ita s « print or ty p ew rit* )

Leave
blank

Name

ofCustomer

1 Amount Subscribed

Leave blank

.......................

j
.......




( D o n o t w rite b elow the last line)

#

^

l

Form B-3
Subscription Number

CASH SUBSCRIPTION SUBJECT TO ALLOTMENT
For United States of America 4 % Percent Treasury Bonds of 1975-85
Dated April 5, 1960, Due May 15, 1985
Subscription books will be open only on April 4 and
April 5 for the receipt of cash subscriptions.

Important
1. This form is to be used by all subscribers entering subscriptions subject to allotment. Subscriptions for full allot­
ment up to a maximum o f $25,000 accompanied by payment in full should be entered on Form B -l (by nonbank
subscribers) or Form B-2 (by bank subscribers).
2. Payment at par and accrued interest for bonds allotted must be made on or before A pril 14, I960; however
savings-type investors listed below may elect to make deferred payments in accordance with Section IV paragraph 1 o f
Treasury Department Circular No. 1040.
£-f 3. Subscriptions from commercial banks for their own account and from States, political subdivisions or instru­
mentalities thereof and public pension and retirement and other public funds will be received without deposit; subscrip­
tions from all others must be accompanied by payment o f 20 percent o f the amount of bonds applied for, which payment
must be made to this Bank in immediately available funds or by credit in Treasury Tax and Loan Account. A qualified
depositary desiring to make payment in Treasury Tax and Loan Account must officially execute the advice of deposit
attached below.
4. Amount of bonds applied for must be in multiples of $500.
F e d e r a l R eserve B a n k

op

Dated a t .......................................................

N e w Y ork,

Fiscal Agent o f the United States,
Federal Reserve P. O. Station,
New York 45, N. Y.
" " 'h S

ir s

.................................................................1960
Attention: Securities Department— 9th Floor

-

Pursuant to the provisions o f Treasury Department Circular No. 1040, dated A pril 4, 1960, the undersigned hereby?ribes at par for United States o f America 4*4 percent Treasury Bonds o f 1975-85, as stated below :
F or own a c c o u n t....................................................................................................................
F or our customers as listed on reverse side (fo r use o f commercial banks only)
Total subscription...........................................
The undersigned subscriber is, or is subscribing for account of, a savings-type investor o f the kind specified in Treasury
Department Circular No. 1040, Section I, paragraph 2, as follows (a commercial bank, when listing its savings-type investor
customers on reverse side, should indicate the kinds o f investors by the letters used below) :
□

A.

□

B.

□
□
□

C.
D.
E.

□

F.

Pension and retirement funds— public
and private
Endowment funds (where principal ordinarily
is not expendable)
Insurance companies
Mutual savings banks
Fraternal benefit associations and labor
unions’ insurance funds
Savings and loan associations

□
□

G.
H.

□

I.

□

J.

Credit unions
Other savings organizations, not including com­
mercial banks (state type)
States, political subdivisions or instrumentalities
thereof, and public funds
Common trust funds under Regulation F o f the
Board of Governors of the Federal Reserve
System.

(Commercial banks should not include savings-type investor customers on the sumo form with other customers)
( I f a commercial bank is subscribing fo r its own account or for account o f customers, the following certifications are made a part o f this subscription)

W e H e r e b y C e r t if y that we have received applications from our customers in the amounts set opposite the customers’
names on the list which is made a part of this subscription; that we have not made unsecured loans, or loans collateralized
in whole or in part by the securities applied for, to supply the amounts of down-payments to any of such customers; that
we have no beneficial interest in the applications o f such customers, and that none o f our customers has any beneficial inter­
est in the amount subscribed for our own account.
W e F u r t h e r C e r t if y that all subscribers for whom subscriptions are hereby entered, have agreed not to purchase or
to sell, or to make any agreements with respect to the purchase or sale or other disposition o f any bonds o f this issue, until
after A pril 5, 1960.
W e F u r t h e r C e r t if y that the subscription for our own account does not exceed 4 percent o f our combined amount
o f time certificates o f deposit (but only those issued in the names of individuals, and o f corporations, associations, and other
organizations not operated for profit), and o f savings deposits, or 10 percent of our combined capital, surplus and
undivided profits, whichever is greater.

The undersigned agrees not to purchase or to sell, or to make any agreements with respect to the purchase or sale or
other disposition o f any bonds o f this issue, until after A pril 5, 1960.
TO S U B SC R IB E R :
Mark ( X ) in proper space
to indicate if this is:
/\ i j

•

i

i.

(F il l in a ll required spaces b e fo re sig n in g )

i—i

Original subscription ................... □

(Name of *ub»cribcr— Plane print or typewrite)

Confirmation o f a telegram .......... □

B v. . . . . . . . . .
* ......................... (bfficui iigxiataK)........................... .

Confirmation o f a letter................. □

A d d re s s ....................................................................................

....................... (Title).....................

(Spaces below are for the use of Federal Reserve Bank o f New York)
iu i T " - ■■■----- irrrzzr . r - --------------------- .—IT—

---- szz——-.r.------------u.

ALLOTMENT

Blotter..............................

DEPOSIT

Examined........................
$
J

*---------------------------------------------------------

Acknowledged.................
Figured

Checked

Carded..............................

(Pleas* indicate below how deposit payment for securities applied for is being made)

B y credit to Treasury Tax and Loan Account as indicated in the attached Advice of Deposit . .

$.

By charge to our reserve account (fo r use o f member banks only) ............................................... ....$.
B y c h e c k ...............................................................•............................................................................................
B y c a s h ............................................................................................................................................................... ... *-

A dvice o f Deposit in Treasury T ax and Loan Account

To Federal Reserve Bank o f New York
Government Bond Division
The undersigned depositary certifies that it has deposited to the credit of Federal Reserve
Bank o f New. York, Fiscal Agent of the United States, in the Treasury Tax and Loan Account,
to be held subject to withdrawal on demand the sum indicated hereon, representing a
deposit payment on $
(par value) of V A percent Treasury bonds of 1975-8;>.

o f deposit
DigitizedDate
for FRASER


(N am e o f depositary)

Address

.......................................................................

Advised

(F or use o f commercial bank subscribers only)
LIST OF CUSTOMERS INCLUDED IN THIS SUBSCRIPTION
(Please print or typewrite)

(D o not list savings-type investor cus tomers
on the same form with other customc rs)
( I f savingstype investor,
indicate kind
by letter— see
other side)




Name o f Customer

Amount Subscribed

Leave blank

*

, •'<

(D o not write below t li t last line)

FED ER AL RESERVE BANK

S E C U R IT IE S D E P A R TM E N T

OFNEWYORK

A D V IC E T O S U B S C R IB E R

To

Subscription No.
Date

r

n

L

J
Y ou r cash subscription fo r $

United States o f America 4 Percent Treasury Notes of Series E-1962
Dated A pril 14, 1960, Due May 15, 1962
lias been received by this Bank, as fiscal agent o f the United States, pursuant to the offering set forth in Treasury
Department Circular No. 1039. Allotm ent 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 o f the Treasury to this Bank.

by.
DigitizedChecked
for FRASER


F ede ra l R e serve B a n k

of

New Y

ork,

Fiscal Agent o f the United States.

O F NEW YORK

BLOTTER RECORD

To

Subscription No.

Date

n

j
Cash subscription received
from above subscriber for $
United States o f America 4 Percent Treasury Notes o f Series E-1962
Dated A pril 14, 1960, Due May 15, 1962




Amount Allotted $-

S E C U R IT IE S D E P A R T M E N T

FED ER AL RESERVE BANK
O F NEW YO R K

CARD RECORD

To

{

Subscription No.
Date

Cash subscription received
from above subscriber fo r $

United States o f America 4 Percent Treasury Notes o f Series E-1962
Dated A pril 14, 1960, Due May 15, 1962




S E C U R IT IE S D E PA R T M E N T

FED ER A L RE9ERVE BANK
O F NEW YORK

S E C U R IT Y F IL E S C O P Y

To

I

Subscription No.
Date

r

L

n

Cash subscription received
from above subscriber fo r $

J

United States o f America 4 Percent Treasury Notes o f Series E-1962
Dated A pril 14, 1960, Due May 15, 1962




FEDERAL RESERV E BANK

S E C U R IT IE S D E P A R T M E N T

0,,HEWV0,,K

ADVICE TO SUBSCRIBER

To

Subscription No.

Date

r

~i

l

J
Y ou r cash subscription fo r $

United States o f America 4 % Percent Treasury Bonds o f 1975-85
Dated A pril 5, I9 6 0 , Due May 15, 1985
has been received by this Bank, as fiscal agent o f the United States, and, pursuant to Treasury Department
Circular No. 1040, which offers the above-mentioned obligations o f the United States, allotment notices w ill be
sent out prom ptly upon allotment, and allotments will be made on the basis and u p to the amounts indicated
by the Secretary o f the Treasury to this Bank.
F ederal R

eserve

B

ank

of

New Y

ork,

Fiscal A gent o f the United States.

Checked by.




S E C U R IT IE S D E P A R TM E N T

FED ER AL RESERVE BANK
O F N EW YORK

BLOTTER RECORD

f 0

Subscription No.
Date

r

l

n

.

Cash subscription received
from above subscriber fo r $

J

United States o f America 4 % Percent Treasury Bonds o f 1975-85
Dated April 5, 1960, Due May 15, 1985




Amount Allotted $.

SE C U R IT IE S DEPARTM ENT

FED ER AL RESERVE BANK
O F NEW YORK

CARD RECORD

To

Subscription No.

Date

r

L

n

Cash subscription received
from above subscriber for $

J

United States o f America 4 % Percent Treasury Bonds o f 1975-85
Dated A pril 5, 1960, Due May 15, 1985




FED ER AL RESERVE BANK
O F NEW YORK

S E C U R IT IE S D E P A R TM E N T

S E C U R IT Y F IL E S C O P Y

To

Subscription No.
Date

n

Cash subscription received
from above subscriber fo r $

United States o f America 4 *4 Percent Treasury Bonds o f 1975-85
Dated April 5, I9 6 0 , Due May 15, 1985




FED ER A L RESER VE BANK
O F N E W YORK
F is c a l . A o e n t

o f

Subscription Number

t h i u n ite d s ta te *

NOTICE OF ALLOTMENT

i

For United States of America 4 1/. Percent Treasury Bonds of 1975-85

To S ubscriber:

J
On your subscription, numbered as above, for $

(par amount) of—

U N I T E D S T A T E S O F A M E R I C A 4 % P E R C E N T T R E A S U R Y B O N D S O F 1 9 7 5 -8 5
D A T E D A N D B E A R IN G I N T E R E S T F R O M A P R I L 5 , 1 9 6 0 , D U E M A Y 1 5 , 1 9 8 5

which you filed pursuant to the provisions of Treasury Department Circular No. 1040, dated A pril 4, 1960, the
Secretary o f the Treasury has allotted bonds to you in the amount of—

$

Important
1. To expedite delivery o f the bonds allotted to you and to facilitate prompt completion of this transaction, please

fill in, sign and return im m e d ia te ly th e a tta c h e d L etter o f In stru ction s to th e F ed era l R eserve B an k o f New
Y ork, Fiscal A g en t o f th e U nited States, N ew Y ork 45, N. Y . The attached letter contains instructions to us
for those bonds that are being paid for on the date of payment indicated on the letter by the subscriber. Each partial
payment made after A pril 5, 1960 (by savings-type investors only) must be accompanied by a separate letter (in duplicate)
containing instructions to us for those bonds for which payment is being made. Form letters of instruction to accompany
the deferred payments will be furnished upon request.

P aym ent
2. I f full payment for securities allotted has not already been made, final payment must be made on or before
A pril 14, 1960; if made after A pril 5, 1960, payment must be made at par plus accrued interest on unpaid balances at the
rate o f $0.12 per $1,000 per day. Savings-type investors electing to defer payment must make such payment (including
accrued interest) for bonds allotted, as follows: not less than 40% of the par value o f such bonds by A pril 14, not less than
70% by May 15, and full payment by June 15. Payment may be made by elieek, cash, charge, or credit as follow s:
By Check— The check should be made payable to the order o f the FEDERAL RESERVE BAN K OF NEW Y O R K , FISCAL AGENT OF
TH E UNITED STATES. The bonds will not be delivered by this Bank until the proceeds o f a check have been collected. The proceeds of
a check drawn on the Federal Reserve Bank o f New York are immediately available.

B y Cash— Payment may be made in cash.
B y Charge— A member bank may make payment by requesting us to charge its reserve account, or a nonmember clearing bank may make
payment b y requesting us to charge its clearing account.

B y Credit — (a ) I f subscriber is a depositary o f public moneys qualified under the provisions o f Treasury Department Circular N o. 92
(Revised), it will be permitted to make payment b y credit in the Treasury Tax and Loan Account for the bonds allotted to it fo r 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 aa collateral security for deposits in the Treasury Tax and Loan Account.

D elivery
3. (a) Delivery of the bonds allotted will be made by the Federal Reserve Bank of New York at its Head Office in
New Y ork City, and will not be made before A pril 14, 1960. In the case of deferred payments, delivery o f the portion
of the bonds covered by each partial payment will be made following receipt of the payment.

(b )
The bonds will be delivered over the counter to a representative of the subscriber, provided the represen
tive presents a letter o f authority identifying him and signed officially by the subscriber.

Safekeeping
4. Bonds allotted to member banks for their own account may be left with this Bank for safekeeping pursuant to the
terms o f our Operating Circular No. 14.
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 ,
Fiscal Agent o f the United States.

Checked by




(This letter o f instructions, accompanied by attached duplicate copy,
should be filled in and returned to Federal Reserve Bank of New York)

Subscription Number

2

LETTER OF INSTRUCTIONS
T o F ed e r a l R eserve B a n k op N e w Y
Fiscal Agent o f the United States,
Federal Reserve P. 0 . Station,
New York 45, N. Y .

ork,

Attention: Government Bond Division— 2nd Floor

From (Name and address o f Subscriber)

Dated a t .......................................................
1960

On our subscription, numbered as above, for $

(par amount) of—

U N I T E D S T A T E S O F A M E R I C A 4 * 4 P E R C E N T T R E A S U R Y B O N D S O F 1 9 7 5 -8 5
D A T E D A N D B E A R IN G I N T E R E S T F R O M A P R I L 5 , 1 9 6 0 , D U E M A Y 1 5 , 1 9 8 5

which we filed pursuant to the provisions o f Treasury Department Circular No. 1040, dated A pril 4, 1960, we have
received your notice o f allotment stating that the Secretary of the Treasury has allotted bonds to us in the amount of—

$
I’

□
□

Payment has been made in full.
Payment has not been made in full and, as requested, we send you the following instructions:

f, , Payment at par fo r $........................................... par amount of bonds will be made in the amount of $.......................................
plus accrued interest o f $0.12 per $1,000 (par amount) per day to date of payment, on............................................. , 1960, as
follow s:
I
□ 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 Advice o f Deposit.

(W here payment for bonds allotted is to be deferred beyond April 14, 1960, delivery of 5 percent of the total par amount
o f bonds allotted, adjusted to the next higher $500, will be withheld until payment for the total amount allotted has been
completed. Commercial banks subscribing for account of customers should list, on the reverse side, names of savings-type
crstomers for whose account payment is being deferred.)
-T-r.'fr/ .g*:.

-----zr-TTrrr

......... ■ .........•.................... —-

-- ----r

:

-

Par amount of bonds withheld (fo r use of F.R.B. of N. Y .)
Dminations o f b e a r e r bonds desired for which payment is being made on

date o f payment herein indicated
(Use reverse side for REGISTERED bonds)

nation

$

Face amount

(Leave this space blank)

□

□
□
□

500

■

............. .

■

... ....

................................

------------:.................... ■■— ------ ----

$.

Dispose of securities issued, as follows:
□
□

Denomi­
zes

~

1.
2.
3.
4.
5.
6.

Deliver over the counter to the undersigned
Hold in safekeeping (fo r member bank only)
H old as collateral for Treasury Tax and Loan Account
Ship to the undersigned
Ship to the owner (for registered bonds only)
Special instructions :

1,000
5,000
10,000
100,000

T h e u n d s r s ig n e d ( i f a b a n k o r tru st c o m p a n y ) h e r e b y
c e r t ifie s th a t th e s e c u r it ie s t o b e d is p o s e d o f as in d ic a t e d in
ite m 2 o r 3 a b o v e a r e o w n e d s o le ly b y th e u n d e r s ig n e d .

1,000,000

(IM P O R T A N T :
b e a c c e p t e d .)

TOTAL

This letter o f instructions must be signed
officially in the space provided and returned immediately to

Submitted by

N o c h a n g e s in d e liv e r y in s tr u c tio n s w ill

............................................................................... .••••••

^

B

a e pnnt

(Authorized signature(s) required)

Title ...........................................................................

Title ..................

Federal Reserve Bank o f New York,
Fiscal Agent o f the United States.

A d d r e s s .........................................................................................................

(S p a c e s b e lo w a r e f o r th e u se o f 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 )

Safekeeping Division

Government Bond Division

D E L IV E R Y RECEIPT
Received from Federal Reserve Bank o f New York, Fiscal Agent o f tho United States, the above described securities allotted in the amount
indicated above.
Dute...................................

Subscriber......................................................................................

B y ..............................................................................................

9**" If payment is to be made by credit to Treasury Tax and Loan Account, an advice of the deposit should be fur­
nished to the Federal Reserve Bank o f New York on the form below.

A dvice o f D eposit in Treasury Tax and Loan A ccount

To Federal Reserve Bank of New York
Government Bond Division
On
, we will deposit $
to the credit o f the Federal
Reserve Bank o f New York, Fiscal Agent o f the United States, in the Treasury Tax and Loan Account, to be held subject
to withdrawal on demand in payment for $
(par value) 4*4 per cent Treasury Bonds of
1975-85, dated April 5, 1960, due May 15,1985, allotted as per Notice of Allotment received from you.




(Name o f depositary)

Address
(C ity and State)

List of commercial bank savings-type customers for whose account payment is being deferred
.

N am e o f custom er

( I f rm istered bonds are desired, indicate after the customer's
name the line numbers o f the registration schedule on which
the registrations fo r his account appear.)

Par amount allotted

P a r am ount paid on
date o f payment
indicated herein

Total of previous
payments
(par amount)

Unpaid balance
(par amount)

S ch ed u le f o r issue o f registered b o n d s d esired f o r w h ich paym en t is b ein g m ade
o n date o f paym en t in d ica ted h erein
(Names and addresses must be printed or typewritten)
( I f registered bonds, which are mailed directly by Treasury Department, Washington, D. C., are not to be sent to the registered
owner, give mailing instructions below.)
Names in w h ich bonds o f this issue shall be registered, and postoffice addresses for m ailing interest checks

(In d ica re num ber o f bonds desired in each denom ination)
P a r am ount desired

1500

$1,000

$5,000

$10,000

$100,000

$1,000,000

1.

2.

3.

d § :
JfXU m

4.
Total

Mail registered bonds to




(DUPLICATE FOR USE OF FEDERAL RESERVE BANK OF NEW YORK)

Subscription Number

LETTER OF INSTRUCTIONS
To F e d e r a l R eserve B a n k op N e w Y o r k ,
Fiscal Agent o f the United States,
Federal Reserve P. 0 . Station,
New Y ork 45, N. Y .

Attention: Government Bond Division— 2nd Floor

From (Name and address o f Subscriber)

Dated at .
.1960

On our subscription, numbered as above, for $

(par amount) of__

U N I T E D S T A T E S O F A M E R I C A 4 * 4 P E R C E N T T R E A S U R Y B O N D S O F 1 9 7 5 -8 5
D A T E D A N D B E A R IN G I N T E R E S T F R O M A P R I L 5 , 1 9 6 0 , D U E M A Y 1 5 , 1 9 8 5

which we filed pursuant to the provisions of Treasury Department Circular No. 1040, dated April 4, 1960, we have
received your notice of allotment stating that the Secretary of the Treasury has allotted bonds to us in the amount of—

□
□

Payment has been made in full.
Payment has not been made in full and, as requested, we send you the following instructions:

Payment at par for $........................................... par amount of bonds will be made in the amount of $.......................................
plus accrued interest of $0.12 per $1,000 (par amount) per day to date o f payment, on............................................. , 1960, as
follow s:
□

B y 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 Advice of Deposit.

(W here payment for bonds allotted is to be deferred beyond April 14, 1960, delivery of 5 percent of the total par amount
o f bonds allotted, adjusted to the next higher $500, will be withheld until payment for the total amount allotted has been
completed. Commercial banks subscribing for account o f customers should list, on the reverse side, names of savings-type
customers for whose account payment is being deferred.)

Par amount o f bonds withheld (for use of F.R.B. of N. Y .) ................................
ominations o f b e a r e r bonds desired for which payment is being m ade on
date o f payment herein indicated
( U s e r e v e rs e side f o r R E G I S T E R E D bond s)

Denomi­
nation

Pace amount

(Leave this space blank)

500

1,000

$.

Dispose of securities issued, as follows:
□
□
□
□
□
□

1.
2.
3.
4.
5.
6.

Deliver over the counter to the undersigned
Hold in safekeeping (fo r member bank only)
H old as collateral for Treasury Tax and Loan Account
Ship to the undersigned
Ship to the owner (fo r registered bonds only)
Special instructions:

5,000
.

10,000

Payme.l00j000
T h e u n d e r s ig n e d ( i f a b a n k o r tru st c o m p a n y ) h e r e b y
c e r tifie s th a t th e s e c u r it ie s to b e d is p o s e d o f a s in d ic a t e d in
ite m 2 o r 3 a b o v e a r e o w n e d s o le ly b y th e u n d e r s ig n e d .

Deliv.

1,000,000

(IM P O R T A N T :
b e a c c e p t e d .)

TOTAL

This letter o f instructions must be signed
officially in the space provided and re­
turned immediately to

N o c h a n g e s in d e liv e r y in s tr u c tio n s w ill

Submitted by
(P lease print)

B y ....................

Bv

...............

(A u th o rize d s ig n a tu re (s) required)

Title ...........................................................................

Title .................

Federal Reserve Bank o f New York,
Fiscal Agent o f the United States.

Address

( S p a c e s b e l o w a r e f o r th e u s e o f 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 )

Safekeeping Division

Government Bond Division

r

Checked

it received ......................

Delivered

er against payment o f $.
D E L IV E R Y RECEIPT

Received from Federal Reserve Bank o f New York, Fiscal Agent o f the United States, the above described securities allotted in the amount
indicated above.
Date.




Subscriber.

By-

L ist o f co m m e rcia l b a n k savings-type cu stom ers f o r w h ose a cco u n t paym en t is b e in g d eferred
N am e o f custom er

( I f r eg istered bonds are desired , indica te a fte r the custom er's
nam e the lin e num bers o f the registration schedule on which
the registra tion s f o r his account appear.)

Par amount allotted

P a r am ount paid on
date o f payment
indicated herein

Total of previoui
payments
(par amount)

Unpaid balance
(par amount)

S ch ed u le f o r issue o f registered b o n d s d e sire d f o r w h ich p aym ent is b e in g m ade
o n date o f paym en t in d ica ted h erein
(Names and addresses must be printed or typewritten)
( I f registered bonds, which are mailed directly b y Treasury Department, Washington, D. C., are not to be sent to the registered
owner, give mailing instructions below.)
Names in which bonds of this issue shall be registered, and postoffice addresses for mailing interest checks

(Indicate number of bonds desired in each denomination)
Par amount desired

$500

$1,000

$5,000

$10,000

$100,000

$1,000,000

1.

2.

3.

4.
Total

M ail registered bonds to




$

ALLOTMENT NOTICE FOR GOVERNMENT BOND DIVISION

4

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 4 U P E R C E N T T R E A S U R Y BONDS O F 19 7 5-8 5
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 A P R IL 5 , 1 960, D U E M A Y 15, 1985

which you filed pursuant to the provisions of Treasury Department Circular No. 1040, dated A pril 4, 1960, the
Secretary o f the Treasury has allotted bonds to you in the amount of—




5

ALLOTMENT NOTICE FOR SECURITY FILES

To Subscriber:

On you r subscription, numbered as above, fo r $

(par amount) o f—

UNITED STATES OF AM ERICA 4*4 PERCENT TREASURY BONDS OF 1975-85
D ATED AND BEARING INTEREST FROM APRIL 5, 1960, DUE M A Y 15, 1985

which you filed pursuant to the provisions o f Treasury Departm ent Circular No. 1040, dated A p ril 4, 1960, the Secretary
o f the Treasury has allotted bonds to you in the amount of—




$

ALLOTMENT NOTICE FOR SECURITIES DEPARTMENT

6

To Subscriber1:

On yo u r subscription, numbered as above, fo r $

(pa r am ount) o f—

UNITED STATES OF AMERICA 4*4 PERCENT TREASURY BONDS OF 1975-8S
DATED AND BEARING INTEREST FROM APRIL 5, I9 6 0 , DUE M A Y IS, 1985

which you filed pursuant to the provisions o f Treasury D epartm ent Circular No. 1040, dated A p ril 4, 1960, the Secretary
o f the Treasury has allotted bonds to you in the amount o f—




FED ERAL RESERVE BANK
O F N E W YO R K

Subscription Number

FISCAL A GENT O F T H E U N IT E D S T A T U

NOTICE OF ALLOTMENT

1

For United States of America 4 Percent Treasury Notes of Series E-1962
To Subscriber:

r

~i

L

J

On your subscription, numbered as above, fo r $

(pa r am ount) o f—

U N IT E D S T A T E S O F A M E R IC A 4 P E R C E N T T R E A S U R Y N O T E S O F S E R IE S E -1 9 6 2
D A T E D A P R IL 1 4 , I 9 6 0 , D U E M A Y 1 5 , 1 9 6 2

which you filed pursuant to the provisions o f Treasury Department C ircular No. 1039, dated A p ril 4, 1960, the
Secretary o f the Treasury has allotted notes to you in the amount o f—

Important
1. T o expedite delivery o f the securities allotted to you and to facilitate prom pt com pletion o f this transaction, please

fill in, sign and return immediately the attached Letter o f Instructions to the Federal Reserve Bank o f New York,
Fiscal Agent o f the United States, New Y ork 45 , N. Y .

Paym ent
2. Paym ent at par fo r securities allotted must be made on or before A p ril 14, 1960. Payment may be made by check,
cash, charge, or credit as follow s:

By Check—

The check should be made payable to the order o f the FEDERAL RESERVE BANK OF NEW YORK, FISCAL AGENT OF
T H E U N IT E D STATES. The securities w ill not be delivered b y this Bank until the proceeds o f a check have been collected. The proceeds
o f a check drawn on the Federal Reserve Bank o f New Y ork are im m ediately available.

By Cash— Paym ent may be made in cash.
By Charge— A member bank m ay make paym ent

b y requesting us to charge its reserve account, or a nonmember clearing bank may
paym ent b y requesting us to charge its clearing account.

By Credit—

( a ) I f subscriber is a depositary o f pu blic m oneys qualified under the provisions o f Treasury
(R e v ise d ), it will be perm itted to make paym ent b y credit in the Treasury T ax and Loan A ccou nt up to 75
securities allotted to it fo r its own account and f o r its customers (up to any amount fo r which it shall be
dep osits).
( b ) Securities o f this issue allotted to a qualified depositary f o r its own account may be pledged with the
Y ork as collateral security fo r deposits in the Treasury T ax and L oan Account.

make

Departm ent Circular N o. 92
percent o f the amount o f the
qualified in excess o f existing
Federal Reserve Bank o f New

D elivery
3. (a ) D elivery o f the securities allotted w ill be made by fohe Federal Reserve Bank o f New Y ork at its H ead Office
in New Y ork City, and will not be made before A p ril 14, 1960.

(b )
The securities will be delivered over the counter to a representative o f the subscriber, provided the representa­
tive presents a letter o f authority identifying him and signed officially b y the subscriber.

Safekeeping
4. Securities allotted to member banks fo r their own account may be le ft with this Bank fo r safekeeping pursuant to
the terms o f our Operating Circular No. 14.
F

Checked by



R eser ve B a n k op N e w Y
F isca l A gent o f the United States.

ederal

ork,

<™ »
° f mstructi°n., accompanied by attached duplicate copy,
should be filled in and returned to Federal Reserve Bank of New York)

Subscription Number

LETTER OF INSTRUCTIONS
T o F e d e r a l R e serve B a n k of N e w Y
Fiscal A gent o f the United States,
Federal Reserve P. 0 . Station,
New Y ork 45, N. Y .

2

ork,

Attention: Government Bond Division— 2nd Floor

From (Name and address o f Subscriber)

Dated a t ...........
.1960

On our subscription, numbered as above, for $
U N IT E D S T A T E S

(par amount) of__

O F A M E R I C A 4 P E R C E N T T R E A S U R Y N O T E S O F S E R IE S E -1 9 6 2
D A T E D A P R IL 14, 1 9 6 0 , D U E M A Y 15, 1962

which we filed pursuant to the provisions of Treasury Department Circular No. 1039, dated A pril 4, 1960, we have
received your notice o f allotment stating that the Secretary of the Treasury has allotted notes to us in the amount of—

As requested, we send you the following instructions:
Payment at par fo r the securities allotted will be made—
B y credit to Treasury Tax and Loan Account (not more than 75 percent of
total amount payable, rounded to the next higher $1,000) as indicated in
the attached Advice of D e p o s it........................................................................
B y charge to our reserve account, which you are authorized to m a k e ..........
B y check in funds available on issue d a t e ..........................................................
B y c a s h ........................................................................................................................
Total p a y m en t......................................................................
B E A R E R N OTES D ESIRED

Dispose o f securities issued, as follows:

(For R E G ISTERED notes—use only reverse side)
Denomi­
nation

Face amount

(L e a v e this space b la n k )

1,000

□
□
□
□
□

1.
2.
3.
4.
5.

Deliver over the counter to the undersigned
Hold in safekeeping (fo r member bank only)
Hold as collateral for Treasury Tax and Loan Account
Ship to the undersigned
Special instructions:

5,000
10,000
100,000

T h e u n d e r s ig n e d ( i f a b a n k o r tru st c o m p a n y ) h e r e b y
c e r tifie s th a t th e s e c u r itie s to b e d is p o s e d o f as in d ic a t e d in
ite m 2 o r 3 a b o v e a r e o w n e d s o le ly b y th e u n d e r s ig n e d .

,000,000

(I M P O R T A N T :
b e a c c e p t e d .)

TO T A L

letter o f instructions must be signed
illy in the space provided and red immediately to

N o c h a n g e s in d e liv e r y in s tr u c tio n s w ill

Submitted by
(P le a se print)

By

Bv

.................

(A u th o rize d sign a tu re(s) required)

Title .......................................................... .................

Title ...................................

deral Reserve Bank o f New York,
Fiscal Agent o f the United States.

Address

.................................................................................................

(S p a c e s b e l o w a r e f o r th e u s e o f 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 )

Safekeeping Division

Government Bond Division
Payment received ......................

Cheeked .

Deliver against payment o f $.

Delivered
D E L IV E R Y R E C EIPT

Received from Federal Reserve Bank o f New York, Fiscal Agent o f the United States, the above described securities allotted in the amount
indicated above.
Date.

Subscriber.

B y.

If payment is to be made by credit to Treasury Tax and Loan Account, an advice of the deposit should be fur­
nished to the Federal Reserve Bank o f New York on the form below.

If

( T h is a d v i c e m u st b e e x e c u t e d w h e n s u b s c r ib e r is m a k in g p a y m e n t th r o u g h T r e a s u r y T a x
t h r o u g h th a t A c c o u n t m a y n o t e x c e e d 7 5 p e r c e n t o f a m o u n t p a y a b le o n T r e a s u r y n o t e s a ll o t t e d .)

and

L oan

A ccou n t;

paym ent

A d v ice o f D eposit in Treasury T a x and Loan A ccount

To Federal Reserve Bank o f New York
Government Bond Division
W e will deposit on A pril 14, 1960, $
to the credit o f the Federal Reserve Bank o f New
York, Fiscal Agent o f the United States, in the Treasury Tax and Loan Account, to be held subject to withdrawal on
demand in partial payment for $
(par value) 4 percent Treasury Notes o f Series E-1962,
dated A pril 14, 1960, due May 15, 1962, allotted as per Notice o f Allotment received from you.




(N am e o f depositary)

Address
(City and State)

SCHEDULE FOR ISSUE OF REGISTERED NOTES DESIRED
(N a m e s a n d a d d resses m u st be p r in te d o r t y p e w r it t e n )
( I f registered notes, which are mailed directly by Treasury Department, Washington, D. C., are not to be sent to the registered
owner, give mailing instructions below.)

Names in which notes o f this issue shall be registered, and postoffice addresses for mailing interest checks

(Indicate number of notes desired in each denomination)
Far amount desired

$1,000

95,000

$10,000

$100,000

1.

2.

«

3.

4.
Total

Mail registered notes to




$1,000,000

(DUPLICATE FOR USE OF FEDERAL RESERVE BANK OF NEW YORK)

Subscription Number

LETTER OF INSTRUCTIONS
To F e d e ra l R eserve B an k o f New Y ork,
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 o f Subscriber)

Dated a t ............
.1960

On our subscription, numbered as above, for $

(par amount) of—

UNITED S T A T E S OF AM ERIC A 4 PERCENT TR EASU RY NOTES OF SERIES E-1962
D A T E D APRIL 14, 1960, DUE M A Y 15, 1962

which we filed pursuant to the provisions o f Treasury Department Circular No. 1039, dated A pril 4, 1960, we have
received your notice of allotment stating that the Secretary o f the Treasury has allotted notes to us in the amount of—

As requested, we send you the following instructions:
Payment at par for the securities allotted will be made—
B y credit to Treasury Tax and Loan Account (not more than 75 percent of
total amount payable, rounded to the next higher $1,000) as indicated in
the attached Advice o f D e p o s it........................................................................
B y charge to our reserve account, which you are authorized to m a k e ..........
B y check in funds available on issue d a t e ................. .........................................

Total p a y m e n t.................
BEARER N O TE S DESIRED
(F o r R E G IST E R E D notes— use only reverse side)

Dispose o f securities issued, as follows:
□

;es

Denomi­
nation

$

(Leave this space blank)

Face amount

1,000

□

□
□
□

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:

5,000
10,000
100,000

The undersigned (i f a bank or trust company) hereby
certifies that the securities to be disposed of as indicated in
item 2 or 3 above are owned solely by the undersigned.

1,000,000

(IM P O R T A N T :
be accepted.)

TOTAL

This letter o f instructions must be signed
officially in the space provided and re­
turned immediately to

No changes in delivery instructions will

Submitted by
(Please print)

By

..................

T i t l e .............

By
(Authorized signature(s) required)

...

Title ..................................

Federal Reserve Bank o f New York,
Fiscal Agent o f the United States.

Address

.................................................................................................

(Space* below are for the u*e o f Federal Reserve Bank of New York)
Safekeeping Division

Government Bond Division

D E L IV E R Y RECEIPT
Received from Federal Reserve Bank o f New York, Fiscal Agent o f the United States, the above described securities allotted in the amount
indicated above.
Date.




Subscriber.

B y.

SCHEDULE FOR ISSUE OF REGISTERED NOTES DESIRED

.

(Names and addresses must be printed or typewritten)
( I f registered notes, which are mailed directly by Treasury Department, Washington, D. C., are not to be sent to the registered
owner, give mailing instructions below.)

Names in which notes o f this issue shall be registered, and postoffice addresses for mailing interest checks

(Indicate number of notes desired in each denomination)
Par amount desired

1.

2.

3.

4.




Total

Mail registered notes to

$1,000

$5,000

$10,000

$100,000

$1,000,000

4

ALLOTMENT NOTICE FOR GOVERNMENT BOND DIVISION

To Subscriber:

On you r subscription, numbered as above, fo r $

(pa r amount) o f—

UNITED STATES OF AMERICA 4 PERCENT TREASURY NOTES OF SERIES E-1962
DATED APRIL 14, 1960, DUE M A Y 15, 1962

which you filed pursuant to the provisions o f Treasury Department C ircular No. 1039, dated A p ril 4, 1960, the
Secretary o f the Treasury has allotted notes to you in the amount o f—

D I S P O S I T I O N
Over Counter

Due on allotted amount
•

Safekeeping

R efun d on allotted amount
A ccrued interest
N et due Treasury

T. T. & L.

N et refund due subscriber
Treas. T ax & Loan Acc.
Final payment

Reserve A ccount

Ship

Check o r Cash
Treas. T ax & Loan Acc.
Refund
Reserve A ccount
Check
Collection b y Delivery Teller

%




Special Instructions

ALLOTMENT NOTICE FOR SECURITY FILES

5

To S ubscriber:

On your subscription, numbered as above, fo r $

(p a r amount) o f—

UNITED STATES OF AMERICA 4 PERCENT TREASURY NOTES OF SERIES E-1962
DATED APRIL 14, 1960, DUE M A Y 15, 1962

which you filed pursuant to the provisions o f Treasury Department Circular No. 1039, dated A p ril 4, 1960, the
Secretary o f the Treasury has allotted notes to you in the amount o f—




ALLOTMENT NOTICE TOR SECURITIES DEPARTMENT

6

T o Subscriber:

On you r subscription, numbered as above, fo r $
U N IT E D S T A T E S O F A M E R IC A 4 P E R C E N T

(p a r am ount) o f—
T R E A S U R Y N O T E S O F S E R IE S E -1 9 6 2

D A T E D A P R IL 14, 1960, D U E M A Y 15, 1962

which you filed pursuant to the provisions o f Treasury Department Circular No. 1039, dated A p ril 4, 1960, the
Secretary o f the Treasury has allotted notes to you in the amount o f—