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FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States J" Circular No. 966"! LMarch 7, 1930 J $450,000,000 (or thereabouts) March 15th Offering of 3V4 Per Cent Treasury Certificates of Indebtedness Subscription Books Open March 7 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 today invites subscriptions to a new issue of Treasury certificates of indebtedness. In announcing this offering Secretary Mellon made the following statement: The Treasury is today offering for subscription, at par and accrued interest, through the Federal Reserve Banks, an issue of nine months S1/^ per cent Treasury certificates of indebtedness of Series TD-1930 dated and bearing interest from March 15, 1930, and maturing December 15,1930. The amount of the offering is $450,000,000 or thereabouts. Applications will be received at the Federal Reserve Banks. The Treasury will accept in payment for the new certificates at par, Treasury certificates of indebtedness of Series TM-1930, maturing March 15, 1930. Subscriptions for which payment is to be tendered in certificates of indebtedness maturing March 15, 1930, will be given preferred allotment up to $150,000,000. Bearer certificates will be issued in denominations of $500, $1,000, $5,000, $10,000 and $100,000. The certificates will have two interest coupons attached payable June 15, 1930, and December 15, 1930. About $404,000,000 of Treasury certificates of indebtedness and nearly $47,000,000 in interest payments on the public debt become due and payable on March 15,1930 and $100,000,000 of Treasury bills become due and payable on March 17, 1930. The subscription books for this offering are now open and applications will be received by this bank as fiscal agent of the United States. All subscriptions, both cash and exchange, will be received subject to later allotment. The terms of the offering are given in full on the following pages. GEORGE L. HARRISON, Governor. New Certificate Issue Circular No. 966 Federal Reserve Bank of New York Fiscal Agent of the United States Offering of United States of America Three and One-Quarter Per Cent Treasury Certificates of Indebtedness SERIES TD-1930 Dated and Bearing Interest from March 15, 1930 To all Banks, Trust Companies, Savings Banks, Bankers, Investment Dealers, Principal Corporations and Others Concerned in the Second Federal Reserve Due December 15, 1930 District: The Secretary of the Treasury, under the authority of the Act approved September 24, 1917, as amended, offers for subscription, at par and accrued interest, through the Federal Reserve Banks, Treasury certificates of indebtedness of Series TD-1930, dated and bearing interest from March 15, 1930, payable December 15, 1930, with interest at the rate of three and one-quarter per cent per annum, payable on a semiannual basis. Applications will be received at the Federal Reserve Banks. Bearer certificates will be issued in denominations of $500, $1,000, $5,000, $10,000, and $100,000. The certificates will have two interest coupons attached, payable June 15, 1930 and December 15, 1930. The certificates of said series shall be exempt, both as to principal and interest, from all taxation (except estate and inheritance taxes) 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. The certificates of this series will be accepted at par during such time and such rules and regulations as shall be prescribed or approved by the Secretary Treasury, in payment of income and profits taxes payable at the maturity of the cates. The certificates of this series will be acceptable to secure deposits of moneys, but will not bear the circulation privilege. under of the certifipublic The right is reserved to reject any subscription and to allot less than the amount of certificates applied for and to close the subscriptions at any time without notice. The Secretary of the Treasury also reserves the right to make allotment in full upon applications for smaller amounts, 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. Allotment notices will be sent out promptly upon allotment, and the basis of the allotment will be publicly announced. Payment at par and accrued interest for certificates allotted must be made on or before March 15, 1930, or on later allotment. After allotment and upon payment, Federal Reserve Banks may issue interim receipts pending delivery of the definitive FEDERAL RESERVE BANK OF NEW YORK GOVERNMENT BOND AND SAFEKEEPING DEPARTMENT EXCHANGE No. Not Negotiable Receipt is acknowledged of $ Par Value 5Vs% Treasury Certificates Series TM-1930 Q Tendered in exchange for 3V4% Treasury Certificates Series TD-1930 • 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 tA-CL Application Number This Form Should Be Used When Treasury Certificates Maturing March 15, 1930 Are Offered in Exchange Lot Number E For 3V4 Per Cent Treasury Certificates of Indebtedness, Series TD-1930 Dated March 15, 1930 Due December 15, 1930 NOTICE TO SUBSCRIBERS: Subscribers tendering Treasury certificates maturing March 15, 1930 will be given preferred allotment up to $150,000,000 face amount of the offering. All subscriptions, both cash and exchange, will be received subject to later allotment. If payment is to be made by such certificates now held by the Federal Reserve Bank of New York instructions should be given accordingly. .1930 FEDERAL KESERVE BANK or NEW YOBS, Fiscal Agent of the United States, New York, N. Y. DCAB S I E S : Pursuant to the terras stated in the current offering of the Secretary of the Treasury, please enter subscription at par and accrued interest for $ (par value) United Statee of America Treasury certificates of indebtedness aa above described. In payment of this subscription we will deliver to you on or before March 15, 1930, Treasury certificates of the series maturing on March 15, 1930, as indicated below: Treasury Certificates, Series TM-1930 • WF* Before signing fill in all required spaees. TO SUBSCRIBER: Mark ( X ) in proper space Subscriber to indicate if this is: Post Office Address Original subscription Confirmation of a telegram Confirmation of a letter State Official Signature Required SPACES BELOW FOR THE USE OF THE FEDEBAL RE8EBVE BANK Examinrd Carded Journal Allotment Received Figured Checked Ledger Checked Recorded Advised Security Exchanged Window Amount Safekeeping Date Releoaed Mail By Other Departments IB-L CASH SUBSCRIPTION Lot Number Application Number IB To United States Government Obligations Described Below Dated at .1930 Interest decimal on coupon payable June 15, 1930, (92 days in 182 day period) one day's interest on $1000. is $.089285714 Interest decimal on coupon payable December 15, 19S0, (18S day period) one day's interest on $1000. is $.088797814 FKDEEAL BESEBVZ BANK or NEW YORK, Fiscal Agent of the United States, New York, N. Y. DEAS SIES: Pursuant to the terms stated in the current offering of the Secretary of the Treasury please enter our (my) subscription at par and accrued interest for $ (par value) UNITED STATES OF AMERICA 3V4 PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TD-1930, DATED MARCH 15, 1930, DUE DECEMBER 15, 1930 We (I) agree to pay to you on the date of the above issue at par for any securities allotted on account of this subscription, and payment will be made by the method indicated below: By • By c*»h D eheek Payment will be made by (name) This is a confirmation of a previous subscription. Writ* T M Writ* No Subscriber . . . Street address. Town State THIS SPACE IS FOB THE USE OP THE PEDEBAL BESEBVE BANK OP NEW YOBK FIGURED Allotment CARD CLASSIFIED LEDGER Figured Checked Advised DISPOSITION Payment Released 1 $ $ ACKNOWLEDGED By Cash By Check Check No. Drawn on Date BTC-L Lot Number Application Number Cash Subscription by Bank or Trust Company c To United States Government Obligations Described Below Dated at J930 Interest decimal on coupon payable June 15, 1980, (92 days in 182 day period) one day's interest on $1000. is $.089285714 Interest decimal on coupon payable December 15, 1930, (18S day period) one day's interest on $1000. is $.088797814 FEDERAL RESERVE B A N S or N E W YORK, Fiscal Agent of the United States, New York, N. Y. DEAR SIRS: Pursuant to the terms stated in the current ofFering of the Secretary of the Treasury please enter subscription as follows at par and accrued interest for UNITED STATES OF AMERICA 3V4 PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TD-1930, DATED MARCH 15, 1930, DUE DECEMBER 15, 1930. For oar own account (not classified below) > For our customers (classified below) ________________ Total Subscription $_ CLASSIFICATION OF CUSTOMEBS' SUBSCRIPTIONS (For example: Class A —10 at $1,000) CLASS A Subscription* of $1,000 and under Number of 1 Amount Leave Blank Subscript's 1 of Each CLASS B Subscriptions of $1,100 to $10,000 Inclusive Number of I Amount Leave Blank Subscript's I of Each CLASS C CLASS D Subscriptions of $10,100 to $50,000 Inclusive Subscriptions of $50,100 to $100,000 Inc. Amount Number of Number of Amount Leave Blank Leave Blank Subscript'sSubscript's of Each of Each at at at at at at at at at at at at at at at at at at at at at at at at at at at * at — at at at CLASS E Hiih'a nf linn inn tn iinoonn Tnnin.i.. Number of 1 Amount Leave Blank Subscript'* 1 of Each CLASS F Snh'n nf t v v i inn t,. t i (vm nnn Tn»luaiTr. Nurabw of Amount Leave Blank Subscript'^ of Each CLASS G Number of Subscript's Amount of Each at at at at at at at at at at at at at at at at at at at at at at at at Leave Blanc We agree to pay to you on the date of the above issue at par for any securities allotted on account of this subscription, and payment will be made by the method indicated below: By debit to our reserve account By «h«ek Digitized8UBSCEIBEB: for FRASER rk ( X ) in proper space D • By credit to W a r Loan Deposit Account - - - - - - I — I _WT" Before signing fill in all required spaces. Bank or Trust Company. Tin * ^^B.« ft * I. Original FEDERAL RESERVE B A N E Lot Number Application Number OP N E W YORK E NOTICE OF ALLOTMENT on Exchange Subscription to United States Government Obligations DESCRIBED BELOW .,1930. Referring to your subscription to $ (par value) UNITED STATES OF AMERICA 3M PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TD-1930, DATED MARCH 15, 1930, DUE DECEMBER 15, 1930 you have been allotted $. IMPORTANT To obtain delivery of the securities, 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. In cases where securities are to be delivered over the counter to a representative of the subscriber the duplicate copy of this notice accompanied by a letter of identification must be presented by the representative. FEDERAL RESERVE BANK OF NEW YORK, Checked by Fiscal Agent of the United States. Instructions ISSUE SECURITIES IN THE FOLLOWING DENOMINATIONS Pieces Denominations to Federal Reserve Bank of Neiv LEAVE BLANK Par Amount York DISPOSE OF SECURITIES AS INDICATED BELOW Numbers Hold to secure War Loan Deposits $500 Hold for Safekeeping (For members only) 1,000 Deliver Over Counter 5,000 Deliver to Loan and Discount Department 10,000 Ship Definitive Securities 100,000 Special Instructions Total The method of payment is indicated below: Subscriber Street address B y s u r r e n d e r of m a t u r i n g c e r t i f i c a t e s a s f o l l o w s : T r e a s u r y certificates, Series TM-1930 . . . . $ Town State DO NOT USE THESE SPACES Received from FEDERAL RESERVE BANK OF NEW YORK the above described Taken from Vault Counted Delivery Receipt Paid Stamp Released United States Government obligations allotted in the amount indicated above. Amount- Checked Delivered Subscriber. By- NA-Exchange Date. B7. Duplicate FEDERAL RESERVE BANK OF NEW YORK Lot Number Application Number E NOTICE OF ALLOTMENT on Exchange Subscription to United States Government Obligations DESCRIBED BELOW ,1930. Referring to your subscription to $ (par value) UNITED STATES OF AMERICA 3M PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TD-1930, DATED MARCH 15, 1930, DUE DECEMBER 15, 1930 you have been allotted $ IMPORTANT To obtain delivery of the securities, 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. In cases where securities are to be delivered over the counter to a representative of the subscriber the duplicate copy of this notice accompanied by a letter of identification must be presented by the representative. FEDERAL RESERVE BANK OF NEW YORK, Checked by Fiscal Agent of the United States. Instructions LEAVE BLANK FOLLOWING! DENOMINATIONS Pieces Par Amount Denominations to Federal Reserve Bank of New York DISPOSE or SECURITIES AS INDICATED BELOW Numbers $ Hold to secure War Loan Deposits $500 Hold for Safekeeping (For members only) 1,000 Deliver Over Counter 5,000 Deliver to Loan and Discount Department 10,000 Ship Definitive Securities 100,000 Special Instructions Total The method of payment is indicated below: Subscriber Street address By surrender o f maturing certificates a s follows: 6 % % Treasury certificates, Series T M - 1 9 3 0 - . . . $ Town State DO NOT USE THESE SPACES Delivery Eeceipt Paid Stamp Beleased Received from FEDERAL RESERVE BANK OF N E W YORK the above described Taken from Vault United States Government obligations allotted in the amount indicated above. Counted AmountSubscriber. Checked Delivered By- N A-Exchange Date. By. Triplicate FEDERAL RESERVE BANK OF NEW YORK Lot Number Application Number E PENDING DELIVERY TICKET on Allotment to United States Government Obligations DESCRIBED BELOW , 1930. Amount of subscription $ (par value) UNITED STATES OF AMERICA 3 U PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TD-1930, DATED MARCH 15, 1930, DUE DECEMBER 15, 1930 Amount allotted $ Partial Deliveries Made as Follows: DATE AMOUNT BALANCE DISPOSITION Original FEDERAL RESERVE BANK OF NEW YORK Lot Number Application Number NOTICE OF ALLOTMENT on Cash Subscription to United States Government Obligations DESCRIBED BELOW , 1930. Referring to your subscription to $ (par value) UNITED STATES OF AMERICA 3*4 PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TD-1930, DATED MARCH 15, 1930, DUE DECEMBER 15, 1930 you have been allotted $. IMPORTANT To obtain delivery of the securities, the origi nal 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. In cases where securities are to be delivered over the counter to a representative of the subscriber the duplicate copy of this notice accompanied by a letter of identification must be presented by the representative. FEDERAL RESERVE BANK OF NEW 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 or SECURITIES AS INDICATED BELOW Numbers Hold to secure War Loan Deposits $500 Hold for Safekeeping (For members only) 1,000 Deliver Over Counter 5,000 Deliver to Loan and Discount Department 10,000 Ship Definitive Securities 100,000 Special Instructions Total The method of payment is indicated below: B y debit t o o u r reserve account By check - - - - - - - - S.. Subscriber Street address. $. State Town B y credit to W a r Loan Deposit A c c o u n t a s indicated below. \ When payment is to be made by credit to War Loan deposit account, the following certificate of advice must be filled out and signed. CERTIFICATE OF ADVICE , 1930 (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 Dollars, $ Cashier or Vice-President 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. DO NOT USE THESE SPACES Released http://fraser.stlouisfed.org/ Taken from Vault Federal Reserve Bank of St. Louis Paid Stamp Delivery Receipt Received from FTJTHEPAT P^O^PT^ P . ™ ^ » T » -NT™™ V » T , » T * L . . L . — ,I M I . Duplicate FEDERAL' RESERVE BANK OF NEW YORK Lot Number Application Number c NOTICE OF ALLOTMENT Cash Subscription to United States Government Obligations DESCRIBED BELOW ., 1930. Referring to your subscription to $ (par value) UNITED STATES OF AMERICA 3M PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TD-1930, DATED MARCH 15, 1930, DUE DECEMBER 15, 1930 you have been allotted $. IMPORTANT To obtain delivery of the securities, 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. In cases where securities are to be delivered over the counter to a representative of the subscriber the duplicate copy of this notice accompanied by a letter of identification must be presented by the representative. FEDERAL RESERVE BANK OP NEW 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 or SECURITIES AS INDICATED BELOW Numbers Hold to secure War Loan Deposits $500 Hold for Safekeeping (For members only) 1,000 Deliver Over Counter 5,000 Deliver to Loan and Discount Department 10,000 Ship Definitive Securities Special Instructions 100,000 Total The method of payment is indicated below: By debit t o o u rreserve account - - - - - - - - By check $ Subscriber Street address. $ State Town B y credit t o W a r Loan Deposit A c c o u n t a s indicated below. When payment is to be made by credit to War Loan deposit account, the following certificate of advice must be filled out and signed. CERTIFICATE OF ADVICE , 1930 (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 Dollars, $. Cashier or Vice-President Demands for withdrawal of deposits in the above account will be made through the Federal Eeserve Bank of New York as fiscal agent of the United States. DO NOT USE THESE SPACES Released Taken from Vault Paid Stamp Delivery Receipt Received from FEDERAL RESERVE BANK OF NEW YORK the above described Triplicate FEDERAL RESERVE BANK OF NEW YORK Lot Number Application Number PENDING DELIVERY TICKET on Allotment to United States Government Obligations DESCRIBED BELOW ,1930. Amount of subscription $ (par value) UNITED STATES OF AMERICA 3% PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TD-1930, DATED MARCH 15, 1930, DUE DECEMBER 15, 1930 Amount allotted $ Partial Deliveries Made as Follows: DATE AMOUNT BALANCE DISPOSITION certificates. Any qualified depositary will be permitted to make payment by credit for certificates 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 TM-1930, maturing March 15, 1930, will be accepted at par, in payment for any certificates of the series now offered which shall be subscribed for and allotted, with an adjustment of the interest accrued, if any, on the certificates of the series so paid for. As fiscal agents of the United States, Federal Reserve Banks are authorized and requested to receive subscriptions and to make allotments on the basis and up to the amounts indicated by the Secretary of the Treasury to the Federal Reserve Banks of the respective districts. GEORGE L. HARRISON, «v Governor New York, March 7, 1930. .