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New Bond Issue Circular No. 789 Federal Reserve Bank of New York Offering of United States of America Three and Three-Eighths Per Cent Treasury Bonds of 1943-47 Offered for Cash and in Exchange for Second Liberty Loan Bonds Dated and bearing interest from June 15, 1927. Due June 15, 1947 REDEEMABLE AT THE OPTION OF THE UNITED STATES AT PAR AND ACCRUED INTEREST ON AND AFTER JUNE 15, 1943 Interest Payable June 15 and December 15. To all Banks, Trust Companies, Savings Banks, Bankers, Investment Dealers, Principal Corporations and Others Concerned in the Second Federal Reserve District: The Secretary of the Treasury invites subscriptions, from the people of the United States, for 3 % per cent Treasury bonds of 1943-47 of an issue of gold bonds of the United States authorized by the Act of Congress approved September 24, 1917, as amended. Cash subscriptions are invited, at 1 0 0 ^ and accrued interest. for cash will be $200,000,000, or thereabouts. The amount of the issue Exchange subscriptions, in payment of which only Second Liberty Loan Converted 4^4 per cent bonds of 1927-1942 (hereinafter referred to as Second 4 ^ s ) or Second Liberty Loan 4 per cent bonds of 1927-1942 (hereinafter referred to as Second 4s) may be tendered, are invited, at par with an adjustment of accrued interest as of June 15, 1927. The amount of the issue upon exchange subscriptions will be limited to the amount of Second 4*4s or Second 4s tendered and accepted. DESCRIPTION OF BONDS The bonds will be dated June 15, 1927, and will bear interest from that date at the rate of 3% per cent per annum payable semi-annually on June 15 and December 15 in each year until the principal amount becomes payable. The bonds will mature June 15, 1947, but may be redeemed at the option of the United States on and after June 15, 1943, in whole or in part, at par and accrued interest, on any interest day or days, on four months' notice of redemption given in such manner as the Secretary of the Treasury shall prescribe. In case of partial redemption the bonds to be redeemed will be determined by such method as may be prescribed by the Secretary of the Treasury. From the date of redemption designated in any such notice, interest on the bonds called for redemption shall cease. The principal and interest of the bonds will be payable in United States gold coin of the present standard of value. Bearer bonds with interest coupons attached will be issued in denominations of $50, $100, $500, $1,000, $5,000, $10,000 and $100,000. Bonds registered as to principal and interest will be issued in denominations of $50, $100, $500, $1,000, $5,000, $10,000, $50,000 and $100,000. Provision will be made for the interchange of bonds of different denominations and of coupon and registered bonds and for the transfer of registered bonds, without charge by the United States, under rules and regulations prescribed by the Secretary of the Treasury. The bonds shall be exempt, both as to principal and interest, from all taxation now or hereafter imposed by the United States, any State, or any of the possessions of the United States, or by any local taxing authority, except (a) estate or inheritance taxes, and (b) graduated additional income taxes, commonly known as surtaxes and excess-profits and war-profits taxes, now or hereafter imposed by the United States, upon the income or profits of individuals, partnerships, associations, or corporations. The interest on an amount of bonds and certificates authorized by said Act approved September 24, 1917, and amendments thereto, the principal of which does not exceed in the aggregate $5,000, owned by any individual, partnership, association or corporation, shall be exempt from the taxes provided for in clause (b) above. The bonds will be acceptable to secure deposits of public moneys, but do not bear the circulation privilege and are not entitled to any privilege of conversion. The bonds will be subject to the general regulations of the Treasury Department, now or hereafter issued, governing United States bonds. • APPLICATION AND ALLOTMENT Applications will be received at the Federal Reserve Banks, as fiscal agents of the United States. Banking institutions generally will handle applications for subscribers, but only the Federal Reserve Banks are authorized to act as official agencies. The right is reserved to reject any subscription and to allot less than the amount of bonds applied for and to close the subscriptions at any time without notice and the act of the Secretary of the Treasury in these respects will be final. The Secretary of the Treasury also reserves the right to make allotment in full upon applications for smaller amounts, and to make reduced allotments upon, or to reject, applications for larger amounts, and to make classified allotments and allotments upon a graduated scale, and his action in these respects will be final. PAYMENT Cash Subscriptions: Payment at lOO1/^ and accrued interest for any bonds allotted on cash subscriptions must be made on or before June 15, 1927, or on later allotment. Any qualified depositary will be permitted to make payment by credit for bonds allotted to it for itself and its customers up to any amount for which it shall be qualified in excess of existing deposits, when so notified by the Federal Reserve Bank of its district. Treasury certificates of indebtedness of Series TJ-1927, maturing June 15, 1927, will be accepted at the Federal Reserve Banks at par, to be applied in part payment for any Treasury bonds of 1943-47 now offered which shall be subscribed for and allotted. Exchange Subscriptions: Payment for any bonds allotted on exchange subscriptions may be made only in Second 41/4s or Second 4s which will be accepted at par with an adjustment of accrued interest as of June 15, 1927. Payment for bonds subscribed for should be made when the subscription is tendered. If any subscription is rejected in whole or in part, any bonds which may have been tendered and not accepted will be returned to the subscriber. SURRENDER OF BONDS Surrender of Coupon Bonds: Second 4 ^ s or Second 4s in coupon form tendered in exchange for Treasury bonds issued hereunder should be presented and surrendered to a Federal Reserve Bank. The bonds must be delivered at the expense and risk of the holder. Facilities for transportation of bonds by registered mail insured may be arranged between incorporated banks and trust companies and the Federal Reserve Banks, and holders may take advantage of such arrangements when available, utilizing such incorporated banks and trust companies as their agents. Incorporated banks and trust companies are not agents of the United States under this circular. Coupons dated November 15, 1927, and all coupons bearing dates subsequent thereto, must be attached to such coupon bonds when presented. At the time of delivery of the Treasury bonds of 1943-47 (or interim certificates) upon allotted subscriptions, Federal Reserve Banks will pay to the subscriber or his authorized agent the interest from May 15, 1927, to June 15, 1927, on the coupon Second 4!/4s and Second 4s surrendered in exchange. Surrender of Registered Bonds: Second 4}4s or Second 4s in registered form, tendered in exchange for Treasury bonds issued hereunder, should be assigned by the registered payee or assigns thereof to "The Secretary of the Treasury for redemption," in accordance with the general regulations of the Treasury Department governing assignments, and thereafter should be presented and surrendered to a Federal Reserve Bank. The bonds must be delivered at the expense and risk of the holder. At the time of delivery of the Treasury Bonds of 1943-47 (or interim certificates) upon allotted subscriptions, Federal Reserve Banks will pay to the subscriber or his authorized agent the interest from May 15, 1927, to June 15, 1927, on the registered Second 4*^s and Second 4s surrendered in exchange. The Federal Reserve Banks, as fiscal agents of the United States, are hereby authorized and requested to receive subscriptions for Treasury bonds hereunder, to receive Second 4j4s or Second 4s tendered in exchange, to make allotments of subscriptions on the basis and up to the amounts indicated to them by the Secretary of the Treasury, and to make delivery of Treasury bonds on full-paid subscriptions allotted, and pending delivery of definitive bonds, to issue interim certificates. FURTHER DETAILS Any further information which may be desired as to the issue of Treasury bonds under the provisions of this circular may be obtained upon application to a Federal Reserve Bank. The Secretary of the Treasury may at any time or from time to time, prescribe supplemental or amendatory rules and regulations governing the exchange and may terminate the offer at any time in his discretion. Very truly yours, BENJ. STRONG, Governor. New York, May 31, 1927. Statement by Secretary Mellon on the Current Offering of 3% Per Cent Treasury Bonds of 1943-47 Washington, D. C, May 31, 1927 The Treasury announces an offering of Treasury bonds of 1943-47 dated Juno 15, 1927, bearing interest at 3% per cent maturing June 15, 1947 and callable on four months notice, in whole or in part on and after June 15, 1943. The offering will be a combined offering for cash and in exchange for outstanding Second Liberty Loan bonds. Cash subscriptions are invited at 100% and accrued interest. The amount of the cash offering will be $200,000,000 or thereabouts. On exchange subscriptions Second Liberty Loan bonds and the new Treasury bonds of 1943-47 will be exchanged at par for each, and in addition interest from May 15th to June 15th on Second Liberty Loan bonds accepted in exchange will be paid in cash. The amount of the exchange offering will be limited by the amount of Second Liberty Loan bonds tendered and accepted. It will be remembered that the Second Liberty Loan bonds are called for redemption on November 15, 1927, and that interest thereon ceases on that date. The present exchange offering gives holders of Second Liberty Loan bonds an opportunity to secure a long term Government bond in place of those they now hold. The exchange offering will in all probability be kept open until June 15, 1927, but the Secretary of Treasury reserves the right to close the exchange offering as well as the cash offering at any time without notice. FEDERAL RESERVE BANK GOVERNMENT BOND AND OF NEW YORK SAFEKEEPING DEPARTMENT EXCHANGE No. Receipt is acknowledged of $ par amount of United States Government Securities for exchange for United States 3 % Per Cent Treasury Bonds of 1943-47 CONTROL SECTION *AL RESERVE BANK OF NEW YORK GOVERNMENT BOND AND SAFEKEEPING DEPARTMENT EXCHANGE No. Not Negotiable Receipt is acknowledged of $ .«ar amount of United States Government Securities for exchange or United States 3 % Per Cent Treasury Bonds of 1943-47 This memorandum is without value except as an acknowledgment of the receipt of the securities mentioned. Securities will be delivered to your representative upon surrender of this receipt with letter of identification officially signed. FEDERAL RESERVE BANK OF NEW YORK FISCAL AGENT OF THE UNITED STATES Teller Original FEDERAL RESERVE BANK Lot Number OF Application Number N E W YORK NOTICE OF ALLOTMENT on Cash Subscription to 3% Per Cent Treasury Bonds 1943-1947 Dated June 15, 1927 Due June 15, 1947 • June , 1927 Referring to your subscription to $ (par value) United States of America 3 % per cent Treasury bonds of 1943-47, dated June 15, 1927, due June 15, 1947,—you have been allotted $ The payment due June 15, 1927, on this allotment, is computed as follows: $ par value premium 50c per $100 $ Total amount due June 15, 1927 IMPORTANT To obtain delivery of the bonds, the original of this notice, properly filled out and signed in the spaces provided lelow must be returned immediately to the Federal Reserve Bank of New York. If registered bonds are desired, the list on the reverse side of this original should be used, giving the names in which the bonds shall be registered, amounts, etc. Denominations of $50,000 are issued in registered form only. FEDERAL RESERVE BANK OF N E W YORK, Checked by Fiscal Agent of the United States. Instructions to Federal Reserve Bank of New York ISSUE SECURITIES IN THE FOLLOWING DENOMINATIONS Pieces LEAVE BLANK Denominations I Par Amount DISPOSE OF SECURITIES AS INDICATED BELOW Numbers $ 50 Hold to secure War Loan Deposits 100 Hold for Safekeeping (For members only) 500 1,000 Deliver Over Counter 5,000 10,000 *50,000 100,000 Total Deliver to Loan and Discount Department Ship Definitive Securities Special Instructions The method of payment is indicated below: By d e b i t t oo u r r e s e r v e a c c o u n t By check - By credit t o W a r By Treasury - - - Loan - - - Deposit - - - - - - Account - - $ Subscriber - - $ Street address. - - - $ - - - - Certificates, Series TJ-1927 Town $ State DO NOT USE THESE SPACES Received from FEDERAL RESERVE BANK OP NEW YORK Taken from VaultCounted Delivery Receipt Paid Stamp Released $ par value Sy6 Treasury Bonds Dated June 15, 1027 Due June 15, 1947 Subscriber i Amount - ?cked •ered By http://fraser.stlouisfed.org/ Registered only. Federal Reserve Bank of St. Louis Date By LIST FOR 3% PER CENT REGISTERED TREASURY BONDS OF 1943-47 BANK. DATE.. CITY_ .1927 J5TATEL (Use typewriter if possible, otherwise print names carefully) Indicate Under Appropriate Denominations, Number of Bonds Desired. ame In Which Bonds Shall Be Registered, and PostOffice Address For Interest Checks and Mail. .... , Amount i 1 ... | $50 $100 $500 $1,000 $5,000 $10,000 $60,000 $100,0' Duplicate FEDERAL RESERVE BANK Application Number OF N E W YORK NOTICE OF ALLOTMENT on Cash Subscription to 3% Per Cent Treasury Bonds 1943-1947 Dated June 15, 1927 Due June 15, 1947 June ,1927 Referring to your subscription to $ (par value) United States of America 3 % per cent Treasury bonds of 1943-47, dated June 15, 1927, due June 15, 1947,—you have been allotted $ The payment due June 15, 1927, on this allotment, is computed as follows: $ par value premium 50c per $100 $ Total amount due June 15, 1927 IMPORTANT To obtain delivery of the bonds, the original of this notice, properly filled out and signed in the spaces provided below must be returned immediately to the Federal Reserve Bank of New York. If registered bonds are desired, the list on the reverse side of this original should be used, giving the names in which the bonds shall be registered, amounts, etc. Denominations of $50,000 are issued in registered form only. FEDERAL RESERVE B A N K OF N E W YORK, Checked by Fiscal Agent of the United States. Instructions to Federal Reserve Bank of New York ISSUE SECURITIES IN THE FOLLOWING DENOMINATIONS Pieces Denominations LEAVE BLANK Par Amount DISPOSE OF SECURITIES AS INDICATED BELOW Numbers « 50 100 Hold to secure War Loan Deposits 500 Hold for Safekeeping (For members only) 1,000 Deliver Over Counter 5,000 10,000 •50,000 100,000 Total Deliver to Loan and Discount Department Ship Definitive Securities Special Instructions The method of payment is indicated below: By debit t o o u r reserve account By check- By credit t o W a r Loan . - - - - - - - - - - 'Deposit Account - - - - $ Subscriber..., $ Street address, - $ B y Treasury Certificates, Series TJ-1927 State Town $..... DO NOT USE THESE SPACES Received from FEDERAL RESERVE BANK OF NEW YORK Taken from Vault - V Counted Delivery Receipt Paid Stamp Released $ par value 3% Treasury Bonds Dated June 15, 1927 Due June 15, 1947 Subscriber Amount- Necked s Byered http://fraser.stlouisfed.org/ * Registered only. Federal Reserve Bank of St. Louis Date. By. G. D. I B . TO BE USED IN REPORTING PAYMENTS FOR TREASURY BONDS O N L Y (Name of bank or trust company) 33/8% TREASURY BONDS OF 1943-47 -,=w Dated June 15, 1927—Due June 15, 1947. 1927 (Date) I HEREBY CERTIFY that there has been deposited this day with the above bank or trust company, to the credit of the Federal Reserve Bank of New York, as Fiscal Agent of the United States War Loan Deposit Account, to be held subject to withdrawal on demand, the sum of $ Cashier or Vice-President -Dollars, INSTRUCTIONS Make reports on this form when payments for Treasury bond subscriptions are made through credit in the FEDERAL RESERVE BANK OP NEW YORK as FISCAL AGENT OF THE UNITED STATES WAR LOAN DEPOSIT ACCOUNT in your books, forwarding to the Federal Reserve Bank of New York. Demands for withdrawal of deposits in the above account will be made through the Federal Reserve Bank of New York as fiscal agent of the United States. NOTE—See reverse EBAC 4% COUPON 4V4 PER CENT BOND EXCHANGE APPLICATION For SVs Per Cent Treasury Bonds of 1943-47, Dated June 15, 1927, Due June 15, 1947 In Exchange for Coupon Second Liberty Loan Converted 4V* Per Cent Bonds INSTRUCTIONS TO APPLICANTS: Thu form should be used in subscribing to 3% per cent Treasury bonds of 1943-47, by offering in payment Coupon Second Liberty Loan Converted 4M Per Cent Bonds of 1927-42 which should accompany this application. If payment is to be made by such bonds now held by this bank instructions should be given accordingly. Such bonds must bear coupon maturing on November 15, 1927, and all coupons bearing dates subsequent thereto. If registered bonds are desired, the list on the reverse side should be used, giving the names in which the bonds shall be registered, amounts, etc. FEDERAL BESEEVE BANK OF NEW YORK Fiscal Agent of the United States, New York, N. T. 1927 DEAB SIRS: Pursuant to the terms stated in the offering of the Secretary of the Treasury dated May 31, 1927, please enter subscription at par for United States of America 3% per cent Treasury bonds of 1943-47 dated June 15, 1927, in exchange for Coupon Second Liberty Loan Converted 414 Per Cent Bonds of 1927-42 tendered herewith in a like principal amount in payment. INSTRUCTIONS TO FEDERAL RESERVE BANK OF N E W YORK 3% Per Cent Treasury Bonds of 1943-47 Desired in Exchange Second Liberty Loan Converted 4 % Per Cent Coupon Bonds Tendered Herewith Pieces Par Amount Den omina tions S Pieces Leave Blank Denominations S 50 100 100 500 500 1,000 1,000 5,000 5,000 X X X X X X X X X X X X X X X X Leave Blank 10,000 10,000 X X Par Amount 50 50,000* 100,000 TOTAL AMOUNT SUBSCRIBED V&~ j TOTAL AMOUNT | SURRENDEREDlE^" DISPOSE OF BONDS AS FOLLOWS DISPOSE OF INTEREST PROCEEDS AS FOLLOWS By credit to our Reserve Account Make check payable to • By check This is: f An original subscription _ I M P O R T A N T -\ -A- confirmation of a previous subscription ( A payment of subscription already filed • • • _• Deliver over the counter. Ship definitive securities Hold for safekeeping (For members only).. Deliver to Loan and Discount Department.. Hold to secure War Loan deposits • Special instructions: * Registered only. Subscriber. Street address.. Town and State. SPACES BELOW TOR THE USE OJ1 THE FEDERAL RESERVE BANK OJ1 NEW TORE. Received from FEDERAL RESERVE BANK or NEW YORK $ par value Z%% Treasury Bonds of 1943-47 Dated June 15,1927 Due June 15,1947 Subscriber Date By »indow Mail Safekeeping Received Checked Recorded Interest Checked Credit Check \ \ Journal Payment Released Requisitioned Taken from Vault Counted Checker! Delivered LOT NUMBER LIST FOR 3% PER CENT REGISTERED TREASURY BONDS OF 1943-47 1927 DATEL CITY- STATE:. (Use typewriter if possible, otherwise print names carefully) Indicate Under Appropriate Denominations, Number of Bonds Desired. Name In Which Bonds Shal] Be Registered, and PostOffice Address For Interest Checks and Mail. Amount $50 $100 $500 $1,000 $5,000 $10,000 — $50,000 $100, EBAB4 REGISTERED 4 PER CENT BOND EXCHANGE APPLICATION For 3H Per Cent Treasury Bonds of 1943-47, Dated June 15,1927, Due June 15, 1947 In Exchange for Registered Second Liberty Loan 4 Per Cent Bonds INSTRUCTIONS TO APPLICANTS: This form should be used in subscribing to 3% per cent Treasury bonds of 1943-47, by offering in payment Registered Second Liberty Loan 4 Per Cent Bonds of 1927-42 which should accompany this application. If payment is to be made by such bonds now held by this bank instructions should be given accordingly. Such registered bonds offered in exchange must be properly assigned "To the Secretary of the Treasury for Redemption." If registered bonds are desired, the list on the reverse side should be used, giving the names in which the bonds shall be registered, amounts, etc. FEDERAL RESERVE BANK or NEW YORK Fiscal Agent of the United States, New York, N. Y. 1927 DBAB SIRS: Pursuant to the terms stated in the offering of the Secretary of the Treasury dated May 31, 1927, please enter subscription at par for United States of America 3% per cent Treasury bonds of 1943-47, dated June 15, 1927, in exchange for registered Second Liberty Loan 4 Per Cent Bonds of 1927-42, tendered herewith in a like principal amount in payment. INSTRUCTIONS TO FEDERAL RESERVE BANK OF N E W YORK 3% Per Cent Treasury Bonds of 1943-47 Desired in Exchange Second Liberty Loan 4 Per Cent Registered Bonds Tendered Herewith Pieces Denominations $ Par Amount Pieces Leave Blank Denominations S 50 Leave Blank 50 100 100 500 500 1,000 1,000 5,000 5,000 10,000 10,000 50,000* 50,000 100,000 100,000 TOTAL AMOUNT StrBSCRIBEDPff" TOTAL AMOTTNT SURRENDERED t y DISPOSE OF BONDS AS FOLLOWS DISPOSE OF INTEREST PEOCEEDS AS FOLLOWS By check By credit to our Reserve Account Q Make check payable to IMPORTANT Par Amount This is: ' An original subscription A confirmation of a previous subscription. A payment of subscription already file • _n Deliver over the counter Ship definitive securities Hold for safekeeping (For members only)_ Deliver to Loan and Discount Department.. Hold to secure War Loan deposits n n n Special instructions: •Registered only. Subscriber. Street address.. Town and State. SPACES BELOW FOR THE USE OT THE FEDERAL RESERVE BANK OF NEW YORK. Received from FEDERAL RESERVE BANK or NEW YORK $ par value 3 % % Treasury Bonds of 1943-47 Dated June 15,1927 Due June 15,1947 Subscriber Date T indow Mail Safekeeping Received By Checked Recorded Interest Checked Credit Check - Journal Payment Released Requisitioned Taken from Vault Counted Checked Delivered LOT NUMBER LIST FOR 33/8 PER CENT REGISTERED TREASURY BONDS OF 1943-47 BANK .1927 DATE. rrrv STATF. (Use typewriter if possible, otherwise print n ames carefully) Indicate Under Appropriate Denominations, Number of Bonds Desired. Name In Which Bonds Shall Be Registered, and PostOffice Address For Interest Checks and Mail. • Amount $50 $100 $500 $1,000 $5,000 $10,000 $50,000 $100,0 EBAC4 COUPON 4 PER CENT BOND EXCHANGE APPLICATION For 33/8 Per Cent Treasury Bonds of 1943-47, Dated June 15, 1927, Due June 15, 1947 In Exchange for Coupon Second Liberty Loan 4 Per Cent Bonds INSTRUCTIONS TO APPLICANTS: Thi« form should be u»ed in subscribing to 3% per cent Treasury bonds of 1943-47, by offering in payment Coupon Second Liberty Loan 4 Per Cent Bonds of 1927-42 which should accompany this application. If payment is to be made by such bonds now held by this bank instructions should be given accordingly. Such bonds must bear coupon maturing on November 15, 1927, and all coupons bearing dates subsequent thereto. If registered bonds are desired, the list on the reverse side should be used, giving the names in which the bonds shall be registered, amounts, etc. FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States, New York, N. Y. , . . . 1927 DEAR SIRS: Pursuant to the terms stated in the offering of the Secretary of the Treasury dated May 31, 1927, please enter subscription at par for United States of America 3% per cent Treasury bonds 3 943-47 dated June 15, 1927, in exchange for Coupon Second Liberty Loan 4 Per Cent Bonds of 1927-42 tendered herewith in a like principal amount in payment. INSTRUCTIONS TO FEDERAL RESERVE BANK OF N E W YORK Second Liberty Loan 4 Per Cent Coupon Bonds Tendered Herewith Pieces Par Amount Denominations $ Pieces Leave Blank 3% Per Cent Treasury Bonds of 1943-47 Desired in Exchange t Par Amount Denominations Leave Blank t 50 50 100 100 500 500 1,000 1,000 5,000 5,000 10,000 10,000 X X X X X X X X X X X X X X X X X X 50,000* 100.000 TOTAL AMOUNT -''HIBEDt^ TOTAL AMOUNT SURRENDEREDtw DISPOSE OF BONDS AS FOLLOWS DISPOSE OF INTEREST PROCEEDS AS FOLLOWS By credit to our Reserve Account By check Q • Make check payable to Deliver over the counter Ship definitive securities D • Hold for safekeeping (For members only)..... Deliver to Loan and Discount Department.... This is: f An original subscription I M P O R T A N T -| A confirmation of a previous subscription [ A payment of subscription already filed • Hold to secure War Loan deposits... • • Special instructions: n * Registered only. Subscriber.. Street address.. Town and State SPACES BELOW FOR THE USE OP THE FEDERAL RESERVE BANK OF NEW YORK. Received from FEDERAL RESERVE BANK OF N E W YORK $ par value 3 % % Treasury Bonds of 1943-47 Dated June 15, 1927 Due June 15, 1947 Subscriber Date Yitdow Mail Safekeeping Received By Checked Recorded Interest Checked Credit Cheek Journal Payment Released Requisitioned Taken from Vault Counted Checked Delivered LOT NCJMBEK LIST FOR 33/s PER CENT REGISTERED TREA,5URY BONDS OF 1943-47r 1927 DATE CITY STATE (Use typewriter if possible, otherwise print n araes carefully) Indicate Under Appropriate Denominations, Number of Bonds Desired. Name In Which Bonds Shall Be Registered, and PostOffice Address For Interest Checks and Mail. Amount $50 $100 $500 $1,000 $5,000 $10,000 $50,000 $100,1 - p 1 EBAE414 REGISTERED 4% PER CENT BOND EXCHANGE APPLICATION For 3% Per Cent Treasury Bonds of 1943-47, Dated June 15, 1927, Due June 15, 1947 In Exchange for Registered Second Liberty Loan Converted 4% Per Cent Bonds INSTRUCTIONS TO APPLICANTS: This form should be used in subscribing to 3% per cent Treasury bonds of 1943-47, by offering in payment Registered Second Liberty Loan Converted 4 34 Per Cent Bonds of 1927-42, which should accompany this application. If payment is to be made by such bonds now held by this bank instructions should be given accordingly. Such registered bonds offered in exchange must be properly assigned "To the Secretary of the Treasury for Redemption." If registered bonds are desired, the list on the reverse side should be used, giving the names in which the bonds shall be registered, amounts, etc. FEDERAL EESEEVE BANK or NEW YORK Fiscal Agent of the United States, New York, N. Y. 1927 DEAR SIES: Pursuant to the terms stated in the offering of the Secretary of the Treasury dated May 31, 1927, please enter subscription at par for United States of America 3% per cent Treasury bonds of 1943-47, dated June 15, 1927, in exchange for registered Second Liberty Loan Converted 4% Per Cent Bonds of 1927-42, tendered herewith in a like principal amount in payment. INSTRUCTIONS TO FEDERAL RESERVE BANK OF NEW YORK 3% Per Cent Treasury Bonds of 1943-47 Desired in Exchange Second Liberty Loan Converted 4*4 Per Cent Registered Bonds Tendered Herewith Denominations Pieces $ Par Amount Pieces Leave Blank Denominations S 50 Par Amount Leave Blank 50 100 100 500 500 1,000 1,000 5,000 5,000 10,000 10,000 50,000* 50,000 100,000 100,000 TOTAL AMOUNT SURRENDEREDt4f TOTAL AMOUNT SUBSCRIBED f V DISPOSE OF BONDS AS FOLLOWS DISPOSE OF INTEREST PROCEEDS AS FOLLOWS By credit to our Reserve Account By check • • ...a _a _n n n Deliver over the counter Ship definitive securities.... Make check payable to Hold for safekeeping (For members only).. This is: ' An original subscription IMPORTANT Deliver to Loan and Discount Department.. _ _. _.._O A confirmation of a previous subscription A payment of subscription already „• filed Hold to secure War Loan deposits Special instructions: • •Registered only. Subscriber... Street address.. Town and State SPACES BELOW FOE THE USE OF THE FEDERAL RESERVE BANK OF NEW YORK. Received from FEDERAL RESERVE BANK OF NEW YORK $ par value 8%% Treasury Bonds of 1943-47 Dated June 15,1927 Due June 15,1947 Subscriber Date Mail Tindow Safekeeping Received By Checked Recorded Interest Checked Credit Check \ \ Journal Payment Released Requisitioned Taken from Vault Counted Checked Delivered LOT NUMBER LIST FOR 3W PER CENT REGISTERED TREASURY BONDS OF 1943-47 BANK DATE™ CITY 1927 -STATE- (Use typewriter if possible, otherwise print names carefully) Indicate Under Appropriate Denominations, Number of Bonds Desired. Name In Which Bonds Shall Be Registered, and PostOffice Address For Interest Checks and Mail. Amount $50 $100 $500 $1,000 $5,000 $10,000 $100,C $50,000 - > BTC-B Cash Subscription by Bank or Trust Company Lot Number Application Number By Check, by Charge, or by Book Credit To 33/8 Per Cent United States Treasury Bonds of 1943-47 Dated June 15,1927 Due June 15,1947 Dated at .1927 Decimal one day's interest on $1,000 for first interest period (June 15, 19X7 to December 15, 1927) $0.09221311 FEDERAL EESEHVE BANK or Nxw YORK Fiscal Agent of the United States New York, N. Y. DEAR SIRS: Pursuant to the terms stated in the offering of the Secretary of the Treasury dated May 31, 1927, please enter subscriptions at 100% and accrued interest for United States of America 3% per cent Treasury bonds of 1943-1947 dated June 15, 1927 and due June 15, 1947 as follows: For our own account (not classified below) $ For our customers (classified below) , Total Subscription • '. CLASSIFICATION OF CUSTOMERS' SUBSCRIPTIONS (Not for denomination of securities) CLASS C CLASS B Subscriptions of $1,100 to $10,000 Inclusive Subscriptions of $10,100 to $50,000 Inclusive Amount Number Leave Blank Number Leave Blank Amount CLASS A Subscriptions of $1,000 and under Amount Leave Blank Number CLASS E Sub's of $100,100 to $500,000 Inclusive Number Amount Leave Blank CLASS D Subscriptions of $50,100 to $100,000 Ino. Number Amount Leave Blank CLASS F Sub's of $500,100 to $1,000,000 Inclusive Leave Blank Amount Number CLASS G Subscriptions of over 31,000,000 Number Amount Leave Blank We agree to pay you on June 15, 3927, at 100^ and accrued interest for any bonds allotted on account of this subscription, and payment will be made by the method indicated below: By debit t o our reserve account - - - - - - $ By check $ . - - - - - - - - - - - - „ B ycredit t o W a r L o a n D e p o s i t A c c o u n t - By Treasury - - - - - Certificates, Series TJ-1927 - - $ $ fiW* Before signing nil in all required spaces. TO SUBSCRIBER: Mark (X) in proper space to indicate if this is: Original subscription Confirmation of a telegram. Confirmation of a letter.... Bank or Trust Company.... Post Office Address.. State. Official signature required SPACES BELOW ARE FOR THE U8E OF THE FEDERAL RESERVE BANK Examined Classified Carded Allotment Received Figured Checked Ledger Checked Advised Recorded Acknowledged Method of Payment Window Government Deposit Disposition Amount Custody Date Released Mail By Other Departments IB-B CASH SUBSCRIPTION Lot Number Application Number To Sy8 Per Cent Treasury Bonds of 1943-1947 Dated June 15, 1927. Due June 15, 1947. Dated at. .1927 Decimal one day's interest on $1,000 for first interest period (June 15, 1927 to December 15, 1927) $0.09221311 FEDERAL RESERVE BANK or NEW YOKE, Fiscal Agent of the United States, New York, N. Y. DEAR SIRS: Pursuant to the terms stated in the offering of the Secretary of the Treasury dated May 31, 1927, please enter our (my) subscription for $ (par value) United States of America 3% per cent Treasury bonds of 1943-1947, dated June 15, 1927, due June 15, 1947, offered at 100% and accrued interest. We (I) agree to pay to you on June 15, 1927, at 100% and accrued interest for any bonds allotted on account of this subscription, and payment will be made by the method indicated below: B y *... By check T r e a s u r y certificates Series T J - 1 9 2 7 - - . - $ . By cash - Payment will be made by (name) This is a confirmation of a previous subscription Write or Fes Write No Subscriber Street address State Town THIS SPACE IS FOR THE USE OF THE FEDERAL RESERVE BANK OB' N E W YORK FIGURED CARD CLASSIFIED LEDGER Payment Figured Checked Advised Allotment DISPOSITION ACKNOWLEDGED 5 Released Date S $ By Cash By Check Drawn on Cheek No. Received Checked Interest Checked Recorded Window Safekeeping Mail
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