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FED ERAL RE SE R V E BANK OF NEW YORK F iscal A g en t o f the U n ited States r Circular N o. 5 0 4 3 "1 L June 2, 1961 J OFFERING OF $1,800,000,000 STRIP OF W EEKLY TREASURY BILLS T o A ll In corpora ted Banks and Trust Companies, and O thers Concerned, in th e Second Federal R eserve D istrict: The following statement was made public today by the Treasury Department: The Treasury will borrow $1,800,000,000 to cover its current cash requirements, including the amount necessary to redeem that portion o f the Treasury tax anticipation bills due June 22, 1961, which w ill not be used in paym ent o f income taxes due June 15. This amount w ill be borrowed through the sale o f a “ strip ” o f additional amounts o f eighteen series o f outstanding Treasury bills m aturing weekly from August 3, 1961, to November 30, 1961. The additional amount o f each weekly series w ill be $100,000,000. Tenders will be received fo r the additional bills on June 8, 1961, and tenders w ill be required to be submitted in units o f $18,000, or even m ultiples thereof. [A unit represents $1,000 face amount o f each issue o f bills offered hereunder.] A single price must be submitted fo r each unit o f $18,000, or even m ultiple thereof. Am ounts issued on accepted tenders will be applied equally to each o f the eighteen separate issues included in the offering. N oncompetitive tenders fo r $180,000, or less (in even multiples o f $18,000), without stated price from any one bidder will be accepted in fu ll at the average price (in three decimals) o f accepted com petitive bids. The additional bills will be issued on June 14, 1961, and paym ent may be made b y qualified depositaries through credit to Treasury T ax and Loan Accounts. Following is the text o f the public notice o f the offering, also released fo r publication tod a y : The Treasury Department, by this public notice, invites tenders fo r additional amounts o f eighteen series o f Treasury bills to an aggregate amount o f $1,800,000,000, or thereabouts, fo r cash. The additional bills will be issued June 14, 1961, w ill be in the amounts, and will be in addition to the bills originally issued and maturing, as fo llo w s : A m ount o f A dditional Issue $100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 Original Issue Dates 1961 February 2 February 9 February 16 Febru ary 23 M arch 2 M arch 9 March 16 March 23 March 30 A p ril 6 A p ril 13 A p ril 20 A p ril 27 M ay 4 M ay 11 M ay 18 M ay 25 June 1 M aturity Dates 1961 A u gu st 3 A ugust 10 A ugust 17 A ugust 24 A ugust 31 September 7 September 14 September 21 September 28 October 5 October 13 October 19 October 26 November 2 N ovember 9 November 16 N ovember 24 November 30 Days from June 14,1961 to M aturity $ 50 57 64 71 78 85 92 99 106 113 121 127 134 141 148 155 163 169 Am ount O utstanding (in m illions) June 2,1961 $1,601 1,601 1,600 1,600 1,501 500 500 500 500 500 500 400 400 500 500 501 500 500 $1,800,000,000 The additional and original bills will be freely interchangeable. E ach tender submitted must be in the amount o f $18,000, or an even multiple thereof, and the amount tendered will be applied to each o f the above series o f bills on the basis o f the ratio o f each series to the total o f all series. (F o r example, an accepted tender fo r $90,000 will be applied $5,000 to the issue with original date o f February 2, 1961, and $5,000 to each o f the additional weekly issues through the issue with original date o f June 1, 1961.) ( oveb ) The bills offered hereunder will be issued on a discount basis under com petitive and noncompeti tive bidding as hereinafter provided, and at m aturity their face amount w ill be payable without inter est. They w ill be issued in bearer form only, and in denominations o f $1,000, $5,000, $10,000, $100,000, $500,000 and $1,000,000 (m aturity value). Tenders will be received at Federal R eserve Banks and Branches up to the closing hour, oneth irty o ’clock p.m., Eastern D aylight Saving tim e, June 8, 1961. Tenders will not be received at the Treasury Department, W ashington. In the case o f com petitive tenders the price offered must be expressed on the basis o f 100, with not more than three decimals, e.g., 99.925. Fractions may not be used. A single price must be submitted fo r each unit o f $18,000, or even m ultiple thereof. _ A unit represents $1,000 face am ount o f each issue o f bills offered hereunder, as previously described. It is urged that tenders be made on the printed form s and forw arded in the special envelopes which will be supplied by Federal Reserve Banks and Branches on application therefor. Others than banking institutions will not be perm itted to submit tenders except fo r their own account. Tenders w ill be received without deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securities. Tenders from others must be accom panied by paym ent o f 2 percent o f the face amount o f Treasury bills applied fo r, unless the tenders are accom panied b y an express guaranty o f paym ent by an incorporated bank or trust company. Im m ediately after the closing hour, tenders will be opened at the Federal Reserve Banks and Branches, follow in g which public announcement w ill be made by the Treasury Department o f the amount and price range o f accepted bids. Those submitting tenders will be advised o f the accept ance or rejection thereof. The Secretary o f the Treasury expressly reserves the right to accept or reject any or all tenders, in whole or in part, and his action in any sueh respect shall be final. Noncompetitive tenders fo r $180,000 or less (in even multiples o f $18,000) without stated price from any one bidder w ill be accepted in fu ll at the average price (in three decimals) o f accepted competitive bids, provided, however, that if the total o f noncom petitive tenders exceeds $900,000,000, the Secre tary o f the Treasury reserves the right to allot less than the amount applied fo r on a straight per centage basis with adjustments where necessary to the next higher m ultiple o f $18,000. Settlement fo r accepted tenders in accordance with the bids must be made or com pleted at the Federal Reserve Bank in cash or other immediately available fun ds on June 14, 1961, provided, however, any qualified depositary w ill be perm itted to make paym ent b y credit in its Treasury T ax and Loan A ccou nt for Treasury bills allotted to it fo r itself and its customers up to any amount fo r which it shall be quali fied in excess o f existing deposits when so notified by the Federal Reserve Bank o f its District. The income derived from Treasury bills, whether interest or gain from the sale or other disposi tion o f the bills, does not have any exemption, as such, and loss from the sale o r other disposition o f Treasury bills does not have any special treatment, as such, under the Internal Revenue Code o f 1954. The bills are subject to estate, inheritance, g ift or other excise taxes, whether Federal o r 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. F o r purposes o f taxation the amount o f discount at which Treasury bills are originally sold b y the U nited States is considered to be interest. U nder Sections 454 (b ) and 1221 (5 ) o f the Internal Revenue Code o f 1954 the amount o f discount at which bills issued hereunder are sold is n ot considered to accrue until such bills are sold, redeemed or otherwise disposed o f, and such bills are excluded from consid eration as capital assets. A ccordin gly, the ow ner o f Treasury bills (other than life insurance com panies) issued hereunder need include in his incom e tax return only the difference between the price paid fo r such bills, whether on original issue or on subsequent purchase, and the amount actually received either upon sale or redemption at m aturity during the taxable year fo r which the return is made, as ordinary gain or loss. Treasury Department Circular No. 418, Revised, and this notice, prescribe the terms o f the Treasury bills and govern the conditions o f their issue. Copies o f the circular may be obtained from any Federal Reserve Bank or Branch. This Bank will receive tenders up to 1 :30 p.m., Eastern Daylight Saving time, Thursday, June 8, 1961, at the Securities Department o f its Head Office and at its Buffalo Branch. Please use the enclosed tender form to submit a tender, and return it in the enclosed pink envelope marked “ Tender fo r Strip o f W eekly Treasury B ills.” Tenders may be submitted by telegraph, subject to written confirm ation; they may not be submitted by telephone. Settlement for accepted tenders must be made in cash or other immediately available funds, except that any qualified depositary may make payment by credit in its Treasury Tax and Loan Account fo r the bills allotted to it fo r itself and its customers, up to any amount for which it shall be qualified in excess o f existing deposits. A lfred H ayes, President. No.................................. TE N D E R FO R STRIP OF 18 SERIES OF T R E A SU R Y BILLS TO BE ISSUED JUNE 14, 1961 MATURING W EEKLY FROM AUGUST 3, 1961 TO NOVEMBER 30, 1961 (Additional Amounts of Outstanding Series Dated Weekly From February 2, 1961 to June 1, 1961) To F ed era l R eserve B a n k o f N ew Y o rk , Fiscal Agent o f the United States. Dated at ........................................................ ..............................................................., 1961 Pursuant to the provisions o f Treasury Department Circular N o. 418, Revised, and to the provisions of the public notice issued by the Treasury Department and printed in your Circular N o. 5043, dated June 2, 1961, the undersigned hereby offers to purchase the Treasury bills described in said public notice in the aggre gate amount indicated below, and agrees to make payment therefor at your Bank on or before the issue date at the price indicated below : COMPETITIVE TENDER Do not All in both Competitive andl |_ Noncompetitive tenders on one form J (In multiples of $18,000) $ ............................................................ (maturity value), or any lesser amount that may be awarded. P rice: .....................................per 100. (P r ic e must be expressed with not m ore than three decimal places, fo r exam ple, 99.925) NONCOMPETITIVE TENDER (In multiples of $18,000) $ ........................................................(maturity value). (N o t to ex ceed $180,000 fo r one bidder through all sou rces) at the average price o f accepted competitive bids. Subject to allotment, payment for these bills will be made at your Bank on June 14, 1961, by cash or other immediately available funds, or (in the case o f a qualified depositary) by credit in Treasury T ax and Loan Account. T e n d e r subm itted b y ........................................................................ Insert this tender in pink envelope marked “ Tender for Strip of Weekly Treasury Bills” (P le a s e p rin t) B y .............................................................................. . B y .................. (O ffic ia l s ig n a t u r e (s ) r e q u ire d ) T itle .......................................................................... . T it le ................ A d d ress (B a n k s su b m ittin g ten ders fo r cu stom er a ccou n t m ust in dicate nam e on line b elow , or attach a list) (N a m e o f c u s to m e r) ( N o t e . S u ccessfu l bidders w ill receiv e a letter o f in stru ction s fo r m w ith their a llotm en t n otice to in stru ct us as to the d isp osition o f, and m e th od o f p a ym en t for, the bills a llotted to th em .) IN S T R U C T IO N S : 1. T e n d e rs m u st be subm itted in units o f $18,000 o r m u ltiples th ereof. A unit represen ts $1,000 face a m ou n t o f each series o f bills offered hereunder. A single price m u st be subm itted fo r each unit o f $18,000 o r m ultiple thereof. A m o u n ts issued on a ccep ted tenders w ill be a pplied eq u a lly to each o f the 18 separate series in cluded in the offerin g. 2. O th ers than b a n k in g in stitu tions w ill n o t b e p erm itted to subm it ten ders e x ce p t fo r their o w n a ccou n t. Banks su b m ittin g ten ders fo r cu stom er a cco u n t m ay con solid a te com p etitiv e tenders at the same price and m a y con solid a te n o n co m p e titive tenders, p r o v id e d a list is attached s h o w in g the n am e o f each bidd er, the am ou nt b id fo r his a ccou n t, and m eth od o f paym en t. F o r m s f o r this pu rp ose w ill be fu rn ish ed on request. 3. I f the p e rson m akin g the ten der is a corp ora tion , the ten der sh ou ld b e sign ed b y an officer o f the corp ora tio n a u th orized to m ake the tender, and the sign in g o f the ten d er b y an officer o f the corp ora tion w ill b e con stru ed as a represen tation b y him that he has been s o auth orized. I f th e ten der is m ade b y a partnership, it sh ou ld be sign ed b y a m e m b e r o f th e firm , w h o sh ou ld sign in the fo r m “ .................................................................................................. . a cop artn ersh ip, b y ...................................................................................................................... a m em b er o f th e firm .” 4. T e n d e rs w ill be receiv ed w ith ou t dep osit fr o m in co rp o ra te d banks and trust com p a n ies and fr o m resp o n sible and re co g n iz e d dealers in in vestm en t securities. T e n d e r s fr o m oth ers m u st be a ccom p a n ied b y pa ym en t o f 2 p ercen t o f the fa ce a m ou n t o f T rea su ry bills applied fo r, unless the ten ders are a ccom p a n ied b y an exp ress guaranty o f p a ym en t b y an in corp ora ted bank o r trust com p a n y . 5. I f the language o f this ten der is ch a n ged in a n y respect, w h ich , in the op in ion o f the S ecreta ry o f the T re a su ry , is m aterial, the ten der m a y b e disregarded. (This letter of instructions, accompanied b y attached duplicate and triplicate copies, should be filled in for the total amount of Treasury bills awarded, and returned to Federal Reserve Bank of New York) LETTER OF INSTRUCTIONS To 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 o f the United States, Federal Reserve P. 0 . Station, New York 45, N. Y . l Attention: Government Bond Division— 2nd Floor Dated a t ....................................................... ........... .................................................... 1961 On our competitive and noncompetitive tenders for— A S T R IP O F 18 SE RIE S O F U N IT E D S T A T E S O F A M E R IC A T R E A S U R Y BILLS, T O BE ISSUED JUNE 14, 1961, M A T U R IN G W E E K L Y FRO M A U G U S T 3, 1961 T H R O U G H N O V E M B E R 30, 1961 accepted in the aggregate amount of— $ (maturity value) Please issue and make delivery o f the bills as instructed below : (I n d i c a t e h e re o n ly th e d e n o m in a tio n s fo r a sing e a e rie s p ro v id e d th e sa m e d e n o m in a tio n s a r e d e s ire d fo r a ll se rie s . O th e rw ise, $ 1 ,0 0 0 $ 5 ,0 0 0 $ 1 0 ,0 0 0 $ 1 0 0 ,0 0 0 $ 5 0 0 ,0 0 0 1 ,0 0 0 ,0 0 0 Pieces □ □ □ □ □ 1. Deliver over the counter to the undersigned 2. Ship to the undersigned 3. H old in safekeeping (fo r account of member bank only) 4. Hold as collateral for Treasury Tax and Loan Account 5. Special instructions: (N o changes in delivery instructions will be accepted) Payment will be made as follows: $ ................................. By cash or other immediately avail able funds $ ................................. By charge to our reserve account $ ................................. By credit in Treasury Tax and Loan Account for which Advice o f Deposit is submitted herewith T h e u n d e rs ig n e d ( i f a b a n k o r t r u s t c o m p a n y ) h e re b y c e rtifie s t h a t th e T re a s u r y b ills w h ich y o u a r e h e re b y in s tru c te d to d is p o s e o f in th e m a n n e r in d ic a te d in ite m n u m b e re d 3 o r 4 a b o v e a r e o w n e d so le ly by th e u n d e rsig n e d . Submitted by This letter of instructions must be signed officially in the space provided and returned immediately to Federal Reserve Bank of New York, (Please print) By ........ . By ........ (Authorized signature(s) required) Title ............................................................................ Title Fiscal A gent o f the United States. A d d r e s s .................................................................................... (S p a c e s b e lo w a re f o r th e u se o f th e F e d e ra l R e se rv e B a n k o f N ew Y o r k ) Safekeeping Division Government Bond Division Payment received ................................... D E L IV E R Y RE C E IP T 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. D a te...................................................... Subscriber...................................................................................... By If payment is to be made by credit to Treasury Tax and Loan Account, an advice of the deposit should be furnished this Bank on the form below. Advice o f Deposit in Treasury Tax and Loan Account To F ederal R eserve B an k o p N ew Y ork, Government Bond Division. W e will deposit on June 14, 1961, $ to the credit o f the 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 with drawal on demand in payment for $ (maturity value) strip o f 18 series of Treasury bills to be issued June 14, 1961, maturing weekly from August 3, 1961 to November 30, 1961. ( N a m e o f D epositary) Address (C ity and State) Iss u e 1 $ 1 ,0 0 0 $ 5 ,0 0 0 $ 1 0 ,0 0 0 $ 1 0 0 ,0 0 0 $ 5 0 0 ,0 0 0 $ 1 ,0 0 0 ,0 0 0 Feb. 2-Aug. 3 Feb. 9-Aug. 10 Feb. 16-Aug. 17 Feb. 23-Aug. 24 Mar. 2-Aug. 31 Mar. 9-Sept. 7 Mar. 16-Sept. 14 Mar. 23-Sept. 21 Mar. 30-Sept. 28 A pr. 6-Oct. 5 A pr. 13-Oct. 13 Apr. 20-0ct. 19 A pr. 27-Oct. 26 May 4-Nov. 2 May 11-Nov. 9 May 18-Nov. 16 May 25-Nov. 24 June 1-Nov. 30 ■ I u (DUPLICATE FOR USE OF FEDERAL RESERVE BANK OF NEW YORK) LETTER OF INSTRUCTIONS To F e d e r a l R e se rv e B a n k o f N ew Y o r k , Fiscal A gent o f the United States, Federal Reserve P. 0 . Station, New Y ork 45, N. Y. A tten tion : Government B ond Division— 2nd Floor Dated a t .............. .1961 On our competitive and noncompetitive tenders for— A S T R IP O F 1 8 S E R IE S O F U N IT E D S T A T E S O F A M E R IC A T R E A S U R Y B IL L S , T O B E IS S U E D JU N E 1 4 , 1 9 6 1 , M A T U R IN G W E E K L Y F R O M A U G U S T 3 , 1 9 6 1 T H R O U G H N O V E M B E R 3 0 , 1 9 6 1 accepted in the aggregate amount o f— $ (m aturity value) Please issue aud make delivery o f the bills as instructed b elow : ( I n d i c a t e h e r e o n ly th e d e n o m in a tio n s f o r a s in g le s e r ie s p r o v i d e d th e s a m e d e n o m in a tio n s a r e d e s ir e d f o r a ll s e r ie s . O th e rw is e , u s e r e v e r s e s i d e .) $ 1 ,0 0 0 $ 5 ,0 0 0 $ 1 0 ,0 0 0 $ 1 0 0 ,0 0 0 $ 5 0 0 ,0 0 0 $ 1 ,0 0 0 ,0 0 0 Pieces □ □ □ □ □ 1. Deliver over the counter to the undersigned 2. Ship to the undersigned 3. H old in safekeeping (fo r account o f member bank only) 4. H old as collateral for Treasury Tax and Loan A ccount 5. Special instructions: Payment will be made as follow s: B y cash or other immediately avail able funds B y charge to our reserve account B y credit in Treasury Tax and Loan A ccount for which A dvice o f Deposit is submitted herewith (N o changes in delivery instructions will be accepted) T h e u n d e r s ig n e d ( i f a b a n k o r t r u s t c o m p a n y ) h e r e b y c e r tif ie s t h a t th e T r e a s u r y b ills w h ic h y o u a r e h e r e b y i n s t r u c t e d to d is p o s e o f in th e m a n n e r i n d ic a te d in ite m n u m b e r e d 3 o r 4 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 . Subm itted b y .................................................................................................. This letter of instructions must be signed officially in the space provided and returned immediately to Federal Reserve Bank of New York, (PIeasep^t) By By (A uthorized sig n a tu re d ) required) Title .............................................................................. Title F iscal A gen t 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 th e F e d e r a l R e s e rv e B a n k o f N e w Y o r k ) Government Bond Division Safekeeping Division Paym ent received ....................... Checked. . Deliver against paym ent o f D elivered. D E L IV E R Y R E C E IP T Received from Federal Reserve Bank o f New Y ork, F iscal Agent o f the United States, the above described securities allotted in the amount indicated above. Date. Subscriber. B y. Issue Feb. 2-Aug. 3 Feb. 9-Aug. 10 Feb. 16-Aug. 17 Feb. 23-Aug. 24 Mar. 2-Aug. 31 Mar. 9-Sept. 7 Mar. 16-Sept. 14 Mar. 23-Sept. 21 Mar. 30-Sept. 28 A pr. 6-0ct. 5 A pr. 13-0ct. 13 A p r. 20-0ct. 19 A p r. 27-Oct. 26 M ay 4-Nov. 2 May 11-Nov. 9 M ay 18-Nov. 16 M ay 25-Nov. 24 June 1-Nov. 30 $ 1,000 $ 5 ,0 0 0 $ 10,000 $ 100,000 $ 5 0 0 ,0 0 0 $ 1, 0 0 0,00 0 (TRIPLICATE FOR USE OF FEDERAL RESERVE BANK OF NEW YORK) LETTER OF INSTRUCTIONS To 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 A gent o f the United States, Federal Reserve P. 0 . Station, New Y ork 45, N. Y . A tten tion : Government B ond Division— 2nd F loor Dated a t ......................................................... ....................................................................1961 On our competitive and noncompetitive tenders for— A S T R I P O F 1 8 S E R IE S O F U N IT E D S T A T E S O F A M E R IC A T R E A S U R Y B IL L S , T O B E IS S U E D JU N E 1 4 , 1 9 6 1 , M A T U R IN G W E E K L Y F R O M A U G U S T 3 , 1 9 6 1 T H R O U G H N O V E M B E R 3 0 , 1 9 6 1 accepted in the aggregate amount o f— $ (m aturity value) Please issue and make delivery o f the bills as instructed below: ( I n d i c a t e h e r e o n ly th e d e n o m in a tio n s f o r a s in g le a e rie s p r o v i d e d th e s a m e d e n o m in a tio n s a r e d e s i r e d f o r a ll s e r ie s . O th e r w is e , u s e r e v e r s e s i d e .) $ 1 ,0 0 0 $ 5 ,0 0 0 $ 1 0 ,0 0 0 □ □ □ 1. Deliver over the counter to the undersigned 2. Ship to the undersigned 3. H old in safekeeping (fo r account o f member bank only) l_j -i. lio ld as collateral for Treasury Tax and Loan A ccount □ 5. Special instructions: ( No changes in delivery instructions will be accepted) $ 1 0 0 ,0 0 0 $ 5 0 0 ,0 0 0 $ 1 ,0 0 0 ,0 0 0 Payment will be made as follow s: ................................ B y cash o r other immediately avail able funds ................................ B y charge to our reserve account ................................ B y credit in Treasury Tax and Loan A ccount fo r which A dvice o f Deposit is submitted herewith T h e u n d e r s ig n e d ( i f a b a n k o r t r u s t c o m p a n y ) h e r e b y c e r tif ie s t h a t th e T r e a s u r y b ills w h ic h y o u a r e h e r e b y i n s t r u c t e d to d is p o s e o f in th e m a n n e r in d ic a te d in ite m n u m b e r e d 3 o r 4 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 . Subm itted b y This letter of instructions must be signed officially in the space provided and returned immediately to Federal Reserve Bank of New York, (P lease print) By .................. By (A uthorized signature(s) required) Title ....................... T itle .................. F isca l A g e n t o f the U nited 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 th e 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 ) Government Bond Division Safekeeping Division Paym ent received ........................................................................ D eliver against paym ent o f $ D E L IV E R Y R E C E IP T R eceived from Federal Reserve Bank o f N ew Y ork, F isca l A gen t o f the United States, the above described securities allotted in the amount indicated above. Date Subscriber. Issue Feb. 2-Aug. 3 Feb. 9-A u g. 10 Feb. 16-Aug. 17 Feb. 23-Aug. 24 Mar. 2-Aug. 31 Mar. 9-Sept. 7 Mar. 16-Sept. 14 Mar. 23-Sept. 21 Mar. 30-Sept. 28 Apr. 6-0ct. 5 Apr. 13-0ct. 13 Apr. 20-0ct. 19 Apr. 27-Oct. 26 May 4-Nov. 2 May ll-N ov. 9 May 18-Nov. 16 May 25-Nov. 24 June 1-Nov. 30 $1,000 $5,000 $10,000 $ 100,000 $500,000 $ 1,000,000 A L L O T M E N T N O TIC E F O R SE C U R IT Y FILES □ competitive Q noncompetitive A S T R I P O F U N IT E D S T A T E S O F A M E R IC A T R E A S U R Y B IL L S T O B E IS S U E D JU N E 1 4 , 1 9 6 1 , M A T U R IN G W E E K L Y F R O M A U G U S T 3 , 1 9 6 1 T H R O U G H N O V E M B E R 3 0 , 1 9 6 1 price o f $ 4 1 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 NOTICE OF A LL O TM E N T OF U N ITED STATES OF A M E R IC A TR E A SU R Y BILLS June 9, 1961. Y o u r □ competitive □ noncompetitive tender fo r— A S T R I P O F U N IT E D S T A T E S O F A M E R IC A T R E A S U R Y B IL L S T O B E IS S U E D JU N E 1 4 , 1 9 6 1 , M A T U R IN G W E E K L Y F R O M A U G U S T 3 , 1 9 6 1 T H R O U G H N O V E M B E R 3 0 , 1 9 6 1 has been accepted at the price o f (per 1 00), in the amount o f— $ (m aturity value) Settlement therefor must be made in cash or other immediately available funds at the Federal Reserve Bank o f New Y ork on or before June 14, 1961. However, a qualified depositary may make settlement by credit to its Treasury Tax and Loan Account, provided the advice of deposit attached to the enclosed letter o f instructions form is executed and returned immedi ately. I f settlement is to be made by check on a bank other than the Federal Reserve Bank o f New York, such check should be received by us in time for collection on June 14, 1961, otherwise it will be necessary for the bidder to pay fo r the securities allotted at the accepted price, plus interest to the date o f collection at the equivalent rate o f discount. On the enclosed letter o f instructions form, please fill in instructions as to payment and dis position for the total amount o f Treasury bills awarded to you, and return the letter imme diately to our Government B ond Division. F ed era l R eserve B an k o f N ew Y ork Fiscal A gent o f the United States. Checked by. * * ■ ' ♦ $ 8{ ■* PENDING DELIVERY TICKET FOR GOVERNMENT BOND DIVISION * i Y ou r □ competitive □ noncompetitive tender for— A S T R I P O F U N IT E D S T A T E S O F A M E R IC A T R E A S U R Y B IL L S T O B E IS S U E D JU N E 1 4 , 1 9 6 1 , M A T U R IN G W E E K L Y F R O M A U G U S T 3 , 1 9 6 1 T H R O U G H N O V E M B E R 3 0 , 1 9 6 1 price of $ Is s u e 2/2 — 8/3 M ETHOD OF PA YM ENT A m ount $ P U R C H A S E P R IC E C h e c k o r C a sh 2 /9 — 8/1 0 R e s e rv e A c c o u n t 2 /1 6 — 8/1 7 T re a s. T . & L. A cc. 2 /2 3— 8/2 4 MASTER 3 /2 — 8/3 1 3 /9 — 9/7 D e liv e r y T e l l e r M A T U R IT Y V A L U E F o r e ig n O p e r. D iv . 3 /1 6— 9/1 4 3 /2 3 — 9 /2 1 F o rm 1 2 P U R C H A S E P R IC E 3 /3 0— 9/2 8 4 /6 — 10 /5 DISPOSITION 4 /1 3 — 10 /13 4 /2 0 — 10 /19 4 /2 7 — 10 /2 6 5 /4 — 11 /2 5 /1 1 — 11 /9 5 /1 8 — 11 /1 6 5 /2 5 — 11 /2 4 6 /1 — 11 /30 TOTAL Over the Counter Safekeeping Treasury Tax & Loan Ship Allotment Transfer AM OUNT 2 A L L O T M E N T N O TIC E FO R SECURITIES D E P A R T M E N T V □ com p etitive □ 3 . ■ » n oncom p etitive A S T R I P O F U N IT E D S T A T E S O F A M E R IC A T R E A S U R Y B IL L S T O B E IS S U E D JU N E 1 4 , 1 9 6 1 , M A T U R IN G W E E K L Y F R O M A U G U S T 3 , 1 9 6 1 T H R O U G H N O V E M B E R 3 0 , 1 9 6 1 p rice o f $ Federal Reserve Bank of New York Securities Department (9th Floor) 33 Liberty Street TEN DER F O R S T R IP OF W EEKLY TR EA SU R Y BILLS (D O N O T U S E T H IS E N V E L O P E F O R O T H E R P U R P O S E S ) N ew York 45, N. Y.