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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.

.