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FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States Circular No. 982] [June 7, 1930J $400,000,000 (or thereabouts) June 16th Offering of 2% Per Cent Treasury Certificates of Indebtedness Subscription Books Open June 7 To all Banks, Trust Companies, Savings Banks, Bankers, Investment Dealers and Principal Corporations in the Second Federal Reserve District and Others Concerned: 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 twelve month 2% per cent Treasury certificates of indebtedness of Series TJ-1931, dated and bearing interest from June 16, 1930, and maturing June 15, 1931. The amount of the offering is $400,000,000, 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 TJ-1930, maturing June 16, 1930. Subscriptions for which payment is to be tendered in certificates of indebtedness maturing June 16, 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 December 15, 1930, and June 15, 1931. These certificates will be exempt, both as to principal and interest, from all taxation, except estate and inheritance taxes. About $550,000,000 of Treasury certificates of indebtedness and about $95,000,000 in interest payments on the public debt become due and payable on June 16, 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. HAEBISON, Governor. New Certificate Issue Circular No. 982 Federal Reserve Bank of New York Fiscal Agent of the United States Offering of United States of America Two and Seven-Eighths Per Cent Treasury Certificates of Indebtedness SERIES TJ-1931 Dated and Bearing Interest from June 16, 1930 Due June 15, 1931 To all Banks, Trust Companies, Savings Banks, Bankers, Investment Dealers and Principal Corporations in the Second Federal Reserve District and Others Concerned: 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 TJ-1931, dated and bearing interest from June 16, 1930, payable June 15, 1931, with interest at the rate of two and seven-eighths 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 December 15, 1930 and June 15, 1931. 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 under such rules and regulations as shall be prescribed or approved by the Secretary of the Treasury, in payment of income and profits taxes payable at the maturity of the certificates. The certificates of this series will be acceptable to secure deposits of public moneys, but will not bear the circulation privilege. 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 June 16, 1930, or on later allotment. After allotment and upon payment, Federal Reserve Banks may issue interim receipts pending delivery of the definitive 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 TJ-1930, maturing June 16, 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. \ GEOEGE L. HAERISON, Governor. New York, June 7, 1930. ^ FEDERAL RESERVE BANK OF NEW YORK GOVERNMENT BOND AND SAFEKEEPING DEPARTMENT EXCHANGE No. Not Negotiable Receipt is acknowledged of $ Par Value 4 % % Treasury Certificates Series TJ-1930 Tendered in exchange for 2 % % Treasury Certificates Series TJ-1931 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 CA-CL This Form Should Be Used When Treasury Certificates Maturing June 16, 1930 Are Offered in Exchange Lot Number Application Number E For 278 Per Cent Treasury Certificates of Indebtedness, Series TJ-I931 Dated June 16, 1930 Due June 15, 1931 NOTICE TO SUBSCRIBERS: Subscribers tendering Treasury certificates maturing June 16, 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 FZDXBAI. EESEKVE BANK or N E W YORK, Fiscal Agent of the United States, New York, N. Y. DZAX 8ms: Pursuant to the terms stated in the current offering of the Secretary of the Treasury, please enter subscription at par and accrued interest for $ (pax value) United States of America Treasury certificates of indebtedness as above described. In payment of this subscription we will deliver to you on or before June 16, 1930, Treasury certificates of the series maturing on June 16, 1930, as indicated below: Treasury Certificates, Series TJ-1930 • Before signing fill in all required spaces. TO SUBSCBIBEB: Mark ( X ) in proper space to indicate if this is: Original subscription Confirmation of a telegram Confirmation of a letter Subscriber Post Office Address. State Official Signature Bequired SPACES BELOW FOB THE USE OF THE FEDEBAL BE8EBVE BANK Examined Journal Cardec Allotment Received Figured Checked Ledger Checked Recorded Advised Acknowledged Disposition Security Exchanged Window Date Rclenaed Amount Safekeeping 1 Mail 1 By Other Department* IB-L CASH SUBSCRIPTION Lot Number Application Number IB To United States Government Obligations Described Below Dated at .1930 Interest decimal on coupon payable December 15, 19S0, (18S days in 18S day period) one day's interest on $1000. is $.078551913 Interest decimal on coupon payable June 15, 1931, (182 day period) one day's interest on $1000. is $.078983516 FEDERAL RESERVE BANK or N E W YOBS, Fiscal Agent of the United States, New York, N. Y. DEAS SIRS: 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 27/s PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TJ-1931, DATED JUNE 16, 1930, DUE JUNE 15, 1931 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 D eheek • cash Payment will be made by (name) This is a confirmation of a previous subscription. Write Ye» or Write No Subscriber . . . Street address. Town State THIS SPACE IS FOE THE USE OF THE FEDERAL EESEEVE BANK OF NEW YOBK FIGURED Allotment CLASSIFIED LEDGER Figured Checked Advised s Date Released 1 S —— DISPOSITION Payment S i ACKNOWLEDGED — By Cash By Check Check No. Drawn on BTC-L Lot Number Application Number Cash Subscription by Bank or Trust Company To United States Government Obligations Described Below Dated at .1930 Interest decimal on coupon payable December 15, 1930, (182 days in 183 day period) one day's interest on $1000. is $.078551913 Interest decimal on coupon payable June 15, 1931, (182 day period) one day's interest on $1000. is $.078983516 FEDERAL RESERVE BANK or N E W YORK, Fiscal Agent of the United States, New York, N. Y. DEAR SIRS: Turauant 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 27/8 PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TJ-1931, DATED June 16, 1930, DUE June 15, 1931. For our own account (not elaadfled below) $ For our customers (classified below) = = = = = = = Total Subscription * CLASSIFICATION OF CUSTOMERS' SUBSCRIPTIONS (For example: Class A —10 at $1,000) CLASS B Subscriptions of $1,100 to $10,000 Inclusive Subscriptions of Number of 1 Amount Number of Leave Blank Subscript'* | Subscript's of Each CLASS A Subscription! of $1,000 and under Amount 1 dumber of Leave Blank of Each & ubscript's CLASS C CLASS D $10,100 to $50,000 Inclusive Subscription* of $50,100 to $100,000 Inc. Number of I Amount Amount Leave Blank Leave Blank Subscript's 1 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 CLASS E Hnh'« <if Sinn inn i^ «i\nn rwi M m i n Amount Number of Leave Blank of Each Subscript** at at CLASS F Sub's of $500 100 to J! 000 ^ i lmJi««— Number of 1 Arnouni Leave Blank Subscriut'» 1 of Each CLASS G Number of 1 Suhttiript'i 1 Amount of Eaob at at at at at at at at at at at at at At at at •t at at at at at at at Leave BlanA ===== 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: B y debit to our reaerve account - - - - - By eh«ek TO SUBSCBLBEB: 4 V \ r v. , ^ N • http://fraser.stlouisfed.org/ Mark ( X ) in proper space FederaltoReserve Bank St. Louis indicate if of this ia: - - - - B y credit to W a r Loan Deposit Aeeonnt - - - - - - Q firy Before signing fill in all required spaces. Bank or Trust Company ^_^_ Poet Office Address. Original 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 2% PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TJ-1931 DATED JUNE 16, 1930, DUE JUNE 15, 1931 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 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 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 of maturing certificates as follows: 4%% Treasury certificates. Series TJ-1930 - - - - $ Town StaU DO NOT USE THESE SPACES Delivery Beceipt Paid Stamp Received from FEDERAL RESERVE BANK or N E W YORK the above described United States Government obligations allotted in the amount indicated above. AmountSubscriber. Date. NA-Exchange By. 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 2 % PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TJ-1931 DATED JUNE 16, 1930, DUE JUNE 15, 1931 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 New LEAVE BLANK Par Amount York DISPOSE or SECUBITIES 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 of maturing certificates as follows: 4%% Treasury certificates, Series TJ-1930 - - - - % Town State DO NOT USE THESE SPACES Paid Stamp Released Delivery Receipt Received from FEDERAL RESEEVE B A N E or N E W YORK the above described Taken from Vault United States Government obligations allotted in the amount indicated above. Counted AmountSubscriber. Cheeked Delivered By- NA-Exchange http://fraser.stlouisfed.org/ \ Federal Reserve Bank of St. Louis Date. By. Triplicate FEDERAL RESERVE B A N K Lot Number OF N E W YORK 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 2% PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TJ-1931 DATED JUNE 16, 1930, DUE JUNE 15, 1931 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 2% PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TJ-1931 DATED JUNE 16, 1930, DUE JUNE 15, 1931 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 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 Subscriber The method of payment is indicated below: B y debit t o our reserve account - - - - - - - - $ B y check — Street address. * Town State B y c r e d i t t o W a r L o a n D e p o s i t A c c o u n t a s indicated b e l o w . 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 TJSE THESE SPACES Released http://fraser.stlouisfed.org/ Taken fromBank Vault Federal Reserve of St. Louis Paid Stamp Delivery Receipt Received from FEDERAL RESERVE BANK OP N E W YORK the above described Duplicate FEDERAL RESERVE BANK OP NEW YORK Lot Number Application Number c 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 2 % PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TJ-1931 DATED JUNE 16, 1930, DUE JUNE 15, 1931 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 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 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 rreserve account - - - - - - - - By check S S Subscriber _ Street address — Town State By credit to War Loan Deposit Account aa 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 die 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, die 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 http://fraser.stlouisfed.org/ Taken from Vault Federal Reserve Bank of St. Louis Paid Stamp Delivery Receipt Received from FEDEEAL RESERVE BANK OF NEW YORK the above described Triplicate FEDERAL RESERVE B A N K OP N E W 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 2% PER CENT TREASURY CERTIFICATES OF INDEBTEDNESS, SERIES TJ-1931 DATED JUNE 16, 1930, DUE JUNE 15, 1931 Amount allotted $ Partial Deliveries Made as Follows: DATE AMOUNT BALANCE DISPOSITION
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