Full text of Federal Reserve Bank of New York Circulars : 648. Exchange Subscription Books Closed on 4 Per Cent. Treasury Bonds of 1944-54

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FEDERAL RESERVE BANK
OF NEW YORK

u

[~ Circular No. 648 ~1
I December 20, 1924 |

Certificates of
Indebtedness Department

I Reference to Circulars
L . 6 4 0 , 641, 644, 64S.

Exchange Subscription Books Closed
On 4 Per Cent. Treasury Bonds of 1944-54
Dated December 15, 1924

To all Banks, Trust Companies, Savings Banks, Bankers, Investment Dealers,
Principal Corporations and Others Concerned in the Second Federal Reserve District:

The exchange subscription books for the current offering of 20-30 year 4 per
cent. Treasury bonds of 1944-54, dated December 15, 1924, closed at the close of
business today, Saturday, December 20, 1924, according to an announcement by the
Secretary of the Treasury.
No further subscriptions to this offering, therefore, can be received by us.




Very truly yours,
BBNJ. STRONG,

Governor.