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FED ER A L R ESE R V E BANK O F N EW YORK Fiscal Agent of the United States TCircular No. 5 6 8 9 1 L A ugust 13, 1965 J Subscription Figures for Treasury’s Current Exchange Offering To All Banking Institutions, and Others Concerned, in the Second Federal Reserve District: The following statement was made public yesterday by the Treasury Departm ent: The results of the Treasury’s current exchange offering of 4% notes dated August 13, 1965, maturing February 15, 1967, and 4% bonds of 1969 dated August 15, 1962, with interest from August 13, 1965, maturing February 15, 1969, open to holders of $7,268 million of 3% % Notes of Series D-1965 maturing August 13, 1965, are summarized in the table below. Total subscriptions amount to $7,035 million, leaving $233 million, or 3.2%, of the maturing notes for cash redemption. About 7.4% of the public holdings were not exchanged. Federal Reserve District ............................. Boston New Y o r k ......................... Exchanges for the 4% Notes, C-1967 $ Exchanges for the 4% Bonds o f 1969 82,071,000 $ 26,819,000 4,005,004,000 1,429,003,000 ................... 61,116,000 20,605,000 Cleveland ....................... 156,274,000 66,433,000 Richmond ....................... 51,943,000 9,640,000 Atlanta ........................... 93,342,000 18,193,000 Chicago ........................... 211,428,000 134,554,000 St. Louis ......................... 68,149,000 17,909,000 Minneapolis ................... 31,723,000 11,886,000 Kansas C i t y ..................... 56,229,000 11,487,000 Dallas ................................ 117,153,000 12,764,000 San F ra n c is c o ................. 197,654,000 125,064,000 ..................... 18,396,000 68,000 T o t a l ........................... $5,150,482,000 $1,884,425,000 Philadelphia Treasury A lfred H a y e s , President.
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