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FEDERAL RESERVE BANK OF N EW YORK Fiscal A gent o f the United States r Circular No. 6 0 5 6 "1 u November 1, 1967 J TREASURY’S CURRENT CASH OFFERING Amounts of Subscriptions and Bases of Allotments To All Banking Institutions, and Others Concerned, in the Second Federal Reserve District: The following statement was made public today by the Treasury Department: R eports from the Federal Reserve Banks show th at subscriptions total about $15,640 million for the offering of $10,700 million, or thereabouts, of 5% percent T reasury Notes of Series A-1969, due F eb ru ary 15, 1969, and $14,124 million for the offering of $1,500 million, or thereabouts, of 5% percent T reasury Notes of Series A-1974, due November 15, 1974. Subscriptions accepted am ount to about $10,734 million for the notes of Series A-1969 and $1,636 million for the notes of Series A-1974. The T reasury will allot in full, as provided in the offering circulars, subscriptions of $7,577 million for the notes of Series A-1969 and $136 million for the notes of Series A-1974 from States, political subdivisions or instrum entalities thereof, public pension and retirem ent and other public funds, international organizations in which the U nited States holds membership, foreign central banks and foreign States, Government Investm ent Accounts, and the F ederal Reserve Banks, where the required certification of ownership of notes m aturing November 15, 1967 was made. On subscriptions for the notes of Series A-1969 received subject to allotment, the T reasury will allot in full those up to $100,000, and other subscriptions will be subject to a 36 percent allotment, with a m inimum allotm ent of $100,000 per subscription. These subscriptions total $5,099 million from commercial banks for their own account and $2,964 million from all others. On subscriptions for the notes of Series A-1974 received subject to allotment, the T reasury will allot in full those up to $100,000, and other subscriptions will be subject to a 7^2 percent allotment, with a minimum allotm ent of $100,000 per subscription. These subscriptions total $6,865 million from commercal banks for their own account and $7,123 million from all others. Details by F ederal Reserve D istrict as to subscriptions and allotm ents will be announced later this month. A lfred H ayes, President.
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