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F E D E R A L R E S E R V E BANK O F N EW Y O R K Fiscal Agent of the United States F c i r c u l a r No. 6615~j O c t o b e r 8, 1970 To A ll In c o r p o r a te d B a n k s a n d T r u s t C o m p a n ie s , an d O th e r s C o n c e r n e d , in th e S e c o n d F e d e r a l R e s e r v e D is t r i c t : The following statem ent was made public today by the T reasury Department: SALE OF $2.5 BILLION JUNE TAX ANTICIPATION BILLS The T reasury Departm ent today announced the sale of $2.5 billion of tax anticipation bills which will m ature in June 1971. The bills will be auctioned on Thursday, October 15, for payment on Wednesday, October 21. Com m ercial banks may make payment for their own and th eir c u sto m ers' accepted tenders by crediting T reasury tax and loan accounts. The bills will m ature on June 22, 1971, but may be used at face value in payment of Federal income taxes due on June 15, 1971. The public notice and the tender form s for this offering will be mailed on Friday, October 9. Alfred Hayes, President.