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F E D E R A L R E S E R V E B A N K O F N EW Y O R K Fiscal A gen t of the U nited States rCircular N o. 5 8 8 O '! L October S, 1966 j Sales of $3.5 Billion of Tax Anticipation Treasury Bills To A ll Incorporated Banks and Trust Companies, and Others Concerned, in the Second Federal R eserve D istrict: Following is the text of a statement issued today by the Treasury Department, offering two series of tax anticipation bills: The Treasury announced today the forthcoming auction of $3.5 billion of tax anticipation bills to meet sea sonal cash needs. The sale includes $1.5 billion of tax bills maturing in April 1967 (in addition to the $1 billion of this issue already outstanding) and $2 billion of tax bills to mature in June 1967. The bills will be sold at auction on October 11, 1966, for payment on October 18, 1966. Banks may make payment for the bills by crediting of Treasury Tax and Loan Accounts. The April tax bills, which mature April 21, 1967, may be used at face value in payment of taxes due April 15, 1967. The June tax bills mature June 22, 1967, and may be used at face value in payment of taxes due June 15, 1967. This Bank w ill receive tenders for both series up to 1:30 p.m., Eastern Daylight Saving time, Tuesday, October 11, 1966, at the Securities Department of its Head Office and at its Buffalo Branch. Tender forms for the respective series are enclosed. Please use the appropriate forms to submit tenders and return them in a blue envelope marked “ Tender for Treasury B ills— Tax Anticipation Series.” Tenders may be submitted by telegraph, subject to written confirmation; they may not be submitted by telephone. Settlement for accepted tenders must be made in cash or other immediately available funds on October 18, 1966, except that any qualified depositary may make payment by credit in its Treasury Tax and Loan Account for the amount of Treasury bills allotted to it for itself and its customers up to any amount for which it shall be qualified in excess of existing deposits. The texts of the two official notices offering the two series of tax anticipation bills are printed below. Offering of $1,500,000,000 of 185-Day Tax A nticipation Treasury Bills, A dditional Am ount Dated August 26, 1966, Due A pril 21, 1967, T o Be Issued O ctober 18, 1966 T h e T reasury D epartm ent, by this public notice, invites tenders for $1,500,000,000, or thereabouts, of 185-day T reasury bills (to m aturity d ate), to be issued O ctob er 18, 1966, on a discount basis under com petitive and noncom petitive bidding as hereinafter provided. T h e bills of this series will be designated T a x Anticipation Series and represent an additional am ount of bills dated A u g u st 26, 1966, to mature A pril 21, 1967, originally issued in the am ount of $1,003,265,000. T h e additional and original bills will be freely interchangeable. T h e y will be accepted at face value in paym ent of income taxes due on A pril 15, 1967, and to the extent they are not presented for this purpose the face am ount of these bills will be payable without interest at m aturity. T axpayers desiring to apply these bills in paym ent of A pril 15, 1967, income taxes have the privilege of surrendering them to any Federal Reserve Bank or Branch or to the Office of the Treasurer of the U nited States W a sh in g to n , not m ore than fifteen days before A pril 15, 1967 and receiving receipts therefor show ing the face am ount of the bills so surrendered. T h ese receipts m ay be submitted in lieu of the bills on or before A pril 15, 1967, to the D istrict D irector of Internal Revenue for the District in which such D a yligh t Saving time, T uesday, O ctob er 11, 1966. T enders will not be received at the T reasury D epartm ent, W a sh in g to n . Each tender m ust be for an even multiple of $1,000, and in the case of competitive tenders the price offered m ust be expressed on the basis o f 100, with not m ore than three decim als, e.g., 99.925. Fractions m ay not be used. 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 or Branches on application therefor. . . . . . . . B anking institutions generally m ay subm it tenders for account of custom ers provided the nam es of the custom ers are set fort*1 in such tenders.^ O thers than banking institutions will 2,°* j Perrr||tted to submit tenders except for their ow n account, T enders w ill be received without deposit from incorporated banks and trust com panies and from responsible and recognized dealers in investm ent securities. T enders from others m ust be accom panied by paym ent o f 2 percent of the face am ount of T reasury bills applied for, unless the tenders are accom panied ^ * n e xPress S c a n t y of paym ent by an incorporated bank or trust co m Pany. taxes are payable. T h e billsjw ill be issued in bearer form only, and in denom inations o f $1,000, $o,UUU, 1U,UUu, $5U,UUU, $1UU,UUU, $500,000 and $1,000,000 (m aturity valu e). T en ders will be received at Federal Reserve Banks and Branches up to the closing hour, one-thirty p.m ., Eastern A 11 bidders are required to agree not to purchase or to sell, or to make any agreem ents with respect to the purchase or sale or other disposition of any bills of this additional issue at a specific rate or price, until after one-thirty p.m ., Eastern D ayligh t S aving time, T u esd a y, O ctob er 11, 1966. ( over) Im m ediately after the closing hour, tenders w ill be opened at the Federal R eserve B anks and Branches, follow in g which public announcem ent will be m ade by the T reasu ry D epartm ent o f the am ount and price range of accepted bids. T h o se sub m itting tenders will be advised of the acceptance or rejection thereof. T h e Secretary of the T reasu ry expressly reserves the right to accept or reject any or all tenders, in w hole or in part, and his action in any such respect shall be final. Subject to these reservations, noncom petitive tenders for $300,000 or less without stated price from any one bidder w ill be accepted in full at the average price (in three decim als) of accepted com petitive bids. P aym en t o f accepted tenders at the prices offered m ust be made or com pleted at the Federal R eserve B ank in cash or other im m ediately available funds on O ctob er 18, 1966, provided, how ever, any qualified depositary will be per m itted to make paym ent by credit in its T reasu ry T a x and L oan A cco u n t for T reasu ry bills allotted to it for itself and its custom ers up to any am ount for w hich it shall be qualified in excess o f existing deposits w hen so notified by the Federal Reserve Bank of its D istrict. ment, as such, under the Internal R evenue Code of 1954. T h e bills are subject to estate, inheritance, gift or other excise taxes, w hether Federal or State, but are exem pt from all taxa tion now or hereafter im posed on the principal or interest thereof by any State, or any of the possessions of the United States, or b y any local taxing authority. F or purposes of taxation the am ount of discount at w hich T reasury bills are originally sold by the U nited States is considered to be interest. U nder Sections 4 5 4 (b ) and 1 2 2 1 (5 ) of the Internal Revenue Code of 1954 the am ount of discount at which bills issued hereunder are sold is not considered to accrue until such bills are sold, redeem ed or otherwise disposed of, and such bills are excluded from consideration as capital assets. A ccord ingly, the ow ner of T reasury bills (other than life insurance co m panies) issued hereunder need include in his incom e tax return only the difference between the price paid for such bills, whether on original issue or on subsequent purchase, and the am ount actually received either upon sale or redem ption at m aturity during the taxable year for which the return is made, as ordinary gain or loss. T h e incom e derived or gain from the sale or have any exem ption, as disposition of T reasu ry T reasu ry D ep artm ent Circular N o . 418 (current revision) and this notice prescribe the term s of the Treasury bills and govern the conditions of their issue. Copies o f the circular m ay be obtained from any Federal R eserve B ank or Branch. from T reasu ry bills, whether interest other disposition of the bills, does not such, and loss from the sale or other bills does not have any special treat Offering of $2,000,000,000 of 247-Day Tax Anticipation Treasury Bills Dated October 18, 1966 Due June 22, 1967 T h e T reasu ry D ep artm ent, by this public notice, invites tenders for $2,000,000,000, or thereabouts, of 247-d ay T reasury bills, to be issued on a discount basis under competitive and noncom petitive bidding as hereinafter provided. T h e bills of this series will be designated T a x A nticipation Series, they will be dated O ctob er 18, 1966, and they will mature June 22, 1967. T h e y will be accepted at face value in paym ent of incom e taxes due on June 15, 1967, and to the extent they are not presented for this purpose the face am ount o f these bills will be payable w ithout interest at m aturity. T ax p a yers desiring to apply these bills in paym ent of June 15, 1967, incom e taxes have the privilege of surrendering them to any Federal R eserve Bank or Branch or to the Office of the Treasurer of the United States, W a sh in g to n , not m ore than fifteen days before June 15, 1967, and receiving receipts therefor show ing the face am ount of the bills so surrendered. T h ese receipts m ay be sub m itted in lieu o f the bills on or before June 15, 1967, to the D istrict D irector of Internal Revenue for the D istrict in which such taxes are payable. T h e bills w ill be issued in bearer form only, and in denom inations o f $1,000, $5,000, $10,000, $50,000, $100,000, $500,000 and $1,000,000 (m aturity valu e). T en ders will be received at Federal R eserve B anks and Branches up to the closing hour, one-thirty p.m ., E astern D a y light Saving time, T u esd a y, O ctob er 11, 1966. T enders will not be received at the T reasury D epartm ent, W a sh in g to n . E ach tender m ust be for an even multiple of $1,000, and in the case of com petitive tenders the price offered m ust be expressed on the basis of 100, with not m ore than three decimals, e.g., 99.925. F ractions m ay not be used. It is urged that tenders be m ade on the printed form s and forw arded in the special envelopes w hich will be supplied by Federal R eserve Banks or B ranches on application therefor. B ankin g institutions generally m ay subm it tenders for account of custom ers provided the nam es of the custom ers are set forth in such tenders. O th ers than banking institutions will not be perm itted to subm it tenders except for their own account. T en ders will be received without deposit from incorporated banks and trust com panies and from responsible and recognized dealers in investm ent securities. T en ders from others m ust be accom panied b y paym en t of 2 percent of the face am ount of T reasu ry bills applied for, unless the tenders are accom panied by an express guaranty of paym ent by an incorporated bank or trust com pany. A ll bidders are required to agree not to purchase or to sell, or to m ake any agreem ents with respect to the purchase or sale or other disposition of any bills of this issue at a specific rate or price, until after one-thirty p.m ., E astern D a yligh t Saving time, T u esd a y, O ctob er 11, 1966. Im m ediately after the closing hour, tenders will be opened at the Federal Reserve Banks and Branches, follow ing which public announcem ent will be made by the T reasu ry D epartm ent of the am ount and price range of accepted bids. T h ose sub m itting tenders will be advised of the acceptance or rejection thereof. T h e Secretary of the T reasu ry expressly reserves the right to accept or reject any or all tenders, in w hole or in part, and his action in any such respect shall be final. S ubject to these reservations, noncom petitive tenders for $400,000 or less w ithout stated price from any one bidder w ill be accepted in full at the average price (in three decim als) of accepted co m petitive bids. P aym ent of accepted tenders at the prices offered m ust be made or com pleted at the Federal R eserve Bank in cash or other im m ediately available funds on O ctob er 18, 1966, provided, how ever, any qualified depositary will be permitted to make paym ent by credit in its T reasury T a x and Loan A cco u n t for T reasury bills allotted to it for itself and its cus tom ers up to any am ount for which it shall be qualified in excess of existing deposits when so notified by the Federal Reserve Bank of its District. T h e incom e derived from T reasury bills, whether interest or gain from the sale or other disposition of the bills, does not have any exem ption, as such, and loss from the sale or other disposition of T reasury bills does not have any special treat m ent, as such, under the Internal Revenue Code o f 1954. T he bills are subject to estate, inheritance, gift or other excise taxes, w hether Federal or State, but are exem pt from all taxa tion now or hereafter im posed on the principal or interest thereof by any State, or any of the possessions o f the United States, or by any local taxing authority. F or purposes of taxation the am ount of discount at which T reasury bills are originally sold by the U nited States is considered to be interest. U nder Sections 4 5 4 (b ) and 1221(5) of the Internal Revenue Code of 1954 the am ount of discount at which bills issued hereunder are sold is not considered to accrue until such bills are sold, redeemed or otherw ise disposed of, and such bills are excluded from consideration as capital assets. A ccord in gly, the ow ner of T reasu ry bills (other than life insurance com panies) issued hereunder need include in his income tax return only the difference betw een the price paid for such bills, whether on original issue or on subsequent purchase, and the am ount actually received either upon sale or redem ption at m aturity during the taxable year for which the return is made, as ordinary gain or loss. T reasury D epartm ent Circular N o . 418 (current revision) and this notice prescribe the term s of the Treasury bills and govern the conditions of their issue. Copies o f the circular may be obtained from any Federal Reserve Bank or Branch. A lf r e d H ayes, President. No......................... TENDER FOR 185-DAY TREASURY BILLS TO BE DESIGNATED “ T A X ANTICIPATION SERIES” ADDITIONAL ISSUE Dated August 26, 1966, Due April 21, 1967, To Be Issued October 18, 1966 To F e d e ra l R eserve Bank of N ew Dated at ........................................................ Y ork, P'iscal Agent of the L'nited States. .............................................................. , 1966 Pursuant to the provisions of Treasury Department Circular No. 418 (current revision) and to the provi sions of the public notice issued by the Treasury Department inviting tenders for the above-described Treasury bills, the undersigned hereby offers to purchase such Treasury bills in the 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 f I "1 not fiU in both Competitive and Noncompetitive tenders on one form $ ............................................................ (maturity value), or any lesser amount that may be awarded. P r i c e :.....................................per 100. (Price must be expressed ruith not more than three decimal places, for example, 99.925) NONCOMPETITIVE TENDER I $ ............................................................ (maturity value). (N o t to cxcccd $300,000 for one bidder through all sources) A t the average price of accepted competitive bids. Subject to allotment, payment for these bills will be made at your Bank on October 18, 1966, by cash or other immediately available funds, or (in the case of a qualified depositary) by credit in Treasury Tax and Lonn account. W e hereby agree not to buy or to sell, or to make any agreements with respect to the purchase or sale or other disposition of any bills of this additional issue at a specific rate or price, until after one-thirty p.m., Eastern Daylight Saving time, Tuesday, October 11, 1966. Insert this tender in blue envelope marked “ Tender for Treasury Bills— Tax A nticipation Series' N am e of s u b s c r ib e r ................................................................................... (Please print) B y ......................................................................... B y ...................................... (Official sigrnature(s) required) T i t l e ................................................................................. T itle A ddress (B an k s subm itting tenders for custom er account must indicate name on line below , or attach a list) (Name of customer) (Name of customer) Successful bidders will receive a letter of instructions form with their allotm ent notice to instruct us as to the (N o te . disposition of, and m ethod of paym ent for, the bills allotted to them .) IN S T R U C T IO N S : 1. N o tender for less than $1,000 will be considered, and each tender m ust be for an even multiple of $1,000 (m aturity value). 2. O th ers than banking institutions will not be permitted to submit tenders except for their ow n account. B anks subm itting tenders for custom er account m ay consolidate com petitive tenders at the same price and m ay consolidate non com petitive tenders, provided a list is attached show ing the name of each bidder, the am ount bid for his account, and m ethod of paym ent. 3. F orm s for this purpose will be furnished on request. If the person m aking the tender is a corporation, the tender should be signed by an officer of the corporation authorized to make the tender, and the signing of the tender by an officer of the corporation will be construed as a representation by him that he has been so authorized. I f the tender is made by a partnership, it should be signed by a m em ber of the firm, w ho should sign in the form “ ..........................................................................................................a copartnership, by ................................................................................................................. a m em ber of the firm .” 4. T en ders will be received without deposit from incorporated banks and trust com panies and from responsible and recognized dealers in investm ent securities. T enders from others m ust be accom panied by paym ent of 2 percent of the face am ount of T reasury bills applied for, unless the tenders are accom panied by an express guaranty of paym ent by an incorporated bank or trust com pany. 5. If the language of this tender is changed in any respect, which, in the opinion of the Secretary of the T reasu ry, is material, the tender m ay be disregarded. No. TENDER FOR 247-DAY TREASURY BILLS TO BE D E SIG N A TE D ‘ T A X A N T IC IP A T IO N SERIES” Due June 22, 1967 Dated October 18, 1966 To F e d e ra l R eserve B a n k o f N ew Dated at ........................................................ Y ork, Fiscal Agent of the United States. .............................................................. . 1966 Pursuant to the provisions of Treasury Department Circular No. 418 (current revision) and to the provi sions of the public notice issued by the Treasury Department inviting tenders for the above-described Treasury bills, the undersigned hereby offers to purchase such Treasury bills in the amount indicated below, and agrees to make payment therefor at your Bank on or before the issue date at the price indicated below: C O M P E T IT IV E TEN D ER [ D o not fill in both Competitive anrf”j Noncom petitive tenders on one form I $ .......................................................... (maturity value), or any lesser amount that may be awarded. N O N C O M PE TITIV E TEN D ER $ .......................................................... (maturity value). (N o t to exceed $400,000 jor one bidder through all sources) P r i c e : .....................................per 100. (Price must be expressed with not more than three decimal places, for example, 99.925) A t the average price of accepted competitive bids. Subject to allotment, payment for these bills will be made at your Bank on October 18, 1966, by cash or other immediately available funds, or (in the case of a qualified depositary) by credit in Treasury Tax and Loan account. W e hereby agree not to buy or to sell, or to make any agreements with respect to the purchase or sale or other disposition of any bills of this issue at a specific rate or price, until after one-thirty p.m., Eastern Daylight Saving time, Tuesday, October 11, 1966. Name of subscriber Insert this tender in blue envelope marked “ Tender for Treasury Bills— T ax Anlici pation Scries" (Please print) By ........................ By (Official signature(s) required) Title ........................ ...................... . T i t l e .................. Address (B an k s subm itting tenders for custom er account m ust indicate nam e on line below , or attach a list) (N am e of customer) (N o te . (N am e of customer) Successful bidders will receive a letter of instructions form with their allotm ent notice to instruct us as to the disposition of, and m ethod of paym ent for, the bills allotted to them .) IN S T R U C T IO N S : 1. N o tender for less than $1,000 will be considered, and each tender m ust be for an even multiple of $1,000 (m atu rity valu e). 2. O th ers than banking institutions will not be permitted to submit tenders except for their own account. B anks subm ittin g tenders for custom er account m ay consolidate com petitive tenders at the same price and m ay consolidate non com petitive tenders, provided a list is attached show ing the nam e of each bidder, the am ount bid for his account, and m ethod of paym ent. 3. F orm s for this purpose w ill be furnished on request. I f the person m aking the tender is a corporation, the tender should be signed by an officer of the corporation authorized to m ake the tender, and the signing of the tender by an officer of the corporation will be construed as a representation by him that he has been so authorized. I f the tender is made by a partnership, it should be signed by a m em ber o f the firm, w ho should sign in the form “ ......................................................................................................... a copartnership, by ........................................................................................................................ a m em ber of the firm .” 4. T en ders will be received without deposit from incorporated banks and trust com panies and from responsible and recognized dealers in investm ent securities. T enders from others m ust be accom panied by paym ent o f 2 percent of the face am ount of T reasu ry bills applied for, unless the tenders are accom panied by an express guaranty of paym ent by an incorporated bank or trust com pany. 5. I f the language of this tender is changed in any respect, which, in the opinion of the Secretary of the T reasury, is material, the tender m ay be disregarded. F e d e r a l R e se r v e B a n k of New Y 1 ork NOTICE OF ALLOTMENT OF U N ITED STATES OF A M E R IC A T R E A SU R Y BILLS T A X A N T IC IP A T IO N SERIES October 11, 1966 Y ou r □ competitive □ noncompetitive tender fo r— U N ITE D S T A T E S OF A M E R IC A 1 8 5 -D A Y T R E A S U R Y BILLS— T A X A N T IC IP A T IO N SERIES A D D IT IO N A L A M O U N T , SERIES D A T E D A U G U S T 26, 19 66 , DUE APRIL 2 1 , 1967 (T O BE ISSUED O C T O B E R 18, 1 9 6 6 ) has been accepted at the price o f $ (per 100), 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 of New Y ork on or before October 18, 1966. However, a qualified deposi tary may make settlement by credit to its Treasury Tax and Loan Account, provided the advice o f deposit attached to the enclosed letter-of-instructions form is executed and returned immedi ately. I f settlement is to be made by cheek on a bank other than the Federal Reserve Bank o f New York, such checks should be received by us in time fo r collection on October 18, 1966; otherwise forfeiture of the prescribed deposit may be declared by the Secretary of the Treasury. On the enclosed letter-of-instructions form , please fill in instructions as to payment and dis position fo r the total amount of Treasury bills of this issue awarded to you, and return the letter immediately to our Government Bond Division. F e d e ra l R eserve B a n k o f N ew Y ork Fiscal A gent o f the United States Checked b y ................................................... PENDING DELIVERY TICKET FOR GOVERNMENT BOND DIVISION □ competitive □ noncompetitive U N ITE D S T A T E S OF A M E R IC A 1 8 5 -D A Y T R E A S U R Y BILLS— T A X A N T IC IP A T IO N SERIES A D D IT IO N A L A M O U N T , SERIES D A T E D A U G U S T 26, 19 66, DUE APRIL 21 , 1967 ( T O BE ISSUED O C T O B E R 18, 1 9 6 6 ) price of $ PU R C H A SE PRICE M ASTER M A T U R IT Y V A L U E P U R C H A SE PRICE DISPOSITION □ Over the Counter □ Safekeeping □ Ship □ Q AM OUNT M E T H O D OF P A Y M E N T □ Check or Cash □ Reserve Account n Treas. T. & L. Acc. Treasury Tax & Loan □ Delivery Teller Allotment Transfer □ Foreign Oper. Div. □ Form 12 2 ALLOTMENT NOTICE FOR SECURITY FILES □ competitive □ noncompetitive U N ITE D S T A T E S OF A M E R IC A 1 8 5 -D A Y T R E A S U R Y BILLS— T A X A N T IC IP A T IO N SERIES A D D IT IO N A L A M O U N T , SERIES D A T E D A U G U S T 26 , 19 66, D UE APR IL 21 , 1967 (T O BE ISSUED O C T O B E R 18, 1 9 6 6 ) price of ALLOTMENT NOTICE FOR SECURITY FILES □ competitive □ noncompetitive U N ITE D S T A T E S OF A M E R IC A 1 8 5 -D A Y T R E A S U R Y BILLS— T A X A N T IC IP A T IO N SERIES A D D IT IO N A L A M O U N T , SERIES D A T E D A U G U S T 26, 1966 , DUE APR IL 21 , 1967 (T O BE ISSUED O C T O B E R 18, 1 9 6 6 ) price of $ i F e d e r a l R e se r v e B a n k of New Y ork NOTICE OF ALLOTMENT OF U N ITED STATES OF A M E R IC A T R E A S U R Y BILLS T A X A N T IC IP A T IO N SERIES October 11, 1966 Y ou r □ competitive □ noncompetitive tender fo r— U N ITE D S T A T E S OF A M E R IC A 2 4 7 -D A Y T R E A S U R Y BILLS— T A X A N T IC IP A T IO N SERIES D A T E D O C TO B E R 18, 19 66, D UE JUNE 22, 1967 has been accepted at the price o f $ (per 100), 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 of New Y ork on or before October 18, 1966. However, a qualified deposi tary may make settlement by credit to its Treasury Tax and Loan Account, provided the advice o f deposit attached to the enclosed letter-of-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 checks should be received by us in time fo r collection on October 18, 1966; otherwise forfeiture o f the prescribed deposit may be declared by the Secretary of the Treasury. On the enclosed letter-of-instructions form , please fill in instructions as to payment and dis position for the total amount of Treasury bills of this issue awarded to you, and return the letter immediately to our Government Bond Division. F e d e r a l R eserve B a n k o f N ew Y o r k Fiscal A gent o f the United States Checked by PENDING DELIVERY TICKET FOR GOVERNMENT BOND DIVISION □ competitive □ noncompetitive U N ITE D S T A T E S OF A M E R IC A 2 4 7 -D A Y T R E A S U R Y BILLS— T A X A N T IC IP A T IO N SERIES D A T E D O C T O B E R 18, 19 66 , D UE JUNE 2 2 , 1 9 67 price o f $ P U R C H A SE PRICE MASTER M A T U R IT Y V A L U E PU R C H A SE PRICE DISPOSITION □ Over the Counter □ Safekeeping □ Ship AM OUNT M E T H O D OF P A Y M E N T □ Check or Cash □ Reserve Account □ Treas. T. & L. Acc. Q Treasury Tax & Loan □ Delivery Teller □ □ Foreign Oper. Div. □ Form 12 Allotment Transfer 2 I ALLOTMENT NOTICE FOR SECURITIES DEPARTMENT □ competitive □ noncompetitive U N ITE D S T A T E S OF A M E R IC A 2 4 7 -D A Y T R E A S U R Y BILLS— T A X A N T IC IP A T IO N SERIES D A T E D O C T O B E R 18, 1 9 6 6 , D UE JUNE 22, 1967 price of $ 3 ALLOTMENT NOTICE FOR SECURITY FILES □ competitive □ noncompetitive U N ITE D S T A T E S OF A M E R IC A 2 4 7 -D A Y T R E A S U R Y BILLS— T A X A N T IC IP A T IO N SERIES D A T E D O C T O B E R 18, 1 9 66 , D UE JUNE 22, 1967 price of *
@FedFRASER