United States. Department of the Treasury. "Volume 13," Press Releases of the United States Department of the Treasury (September 17, 1934 - December 29, 1934). https://fraser.stlouisfed.org/title/6111/item/586852, accessed on January 9, 2025.

Title: Volume 13

Date: September 17, 1934 - December 29, 1934
Page 111
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image-container-109 TREASURY DEPARTMENT WASHINGTON FOR RELEASE, MORNING NEWSPAPERS* Press Service Tuesday^ October 9, 1934*____ » Q 10/8/84 S - l - J Secretary of the Treasury Morgenthau announced last evening that the tenders for $78,000*000* or thereabouts, of 182-day Treasury bills* dated October 10* 1934* and maturing April 10* 1988* which were offered on October 8* were opened at the Federal reserve banks on October 8* 1934. The total amount applied for was $282*204*000* of which $75,860*000 was accepted. The accepted bids ranged in price from 99.908* equivalent to a rate of about 0.19 percent per annum* to 99.871* equivalent to a rate of about 0.26 percent per annum* on a bank discount basis. Only part of the amount bid for at the latter price was accepted. The average price of Treasury bills to be issued is 99*881 and the average rate is shout 0.24 per cent per annum on a bank discount basis*
image-container-110 TREASURY DEPARTMENT. Washington EOR RELEASE, MORNING NEWSPAPERS, Press Service Tuesday, October 9, 1934.______ No. 3-29 10-8-34. Secretary of the Treasury Morgenthau announced last e v e ning- that the tenders for $75,000,000, or thereabouts, of 182-day T r e a s u r y bills, dated October 10, 1934, a n d maturing April 10, 1935, w h i c h were offered on October 5, were opened at the Federal reserve banks on October 8 , 1934. The total amount applied for was $232,204,000, of which $75,360,000 was accepted. The accepted bids ranged in price f r o m 99.905, equivalent to a rate of about 0.19 per cent per annum, to 99.871, equivalent to a rate of about 0.26 per cent per annum, on a b a n k discount basis. O n l y part of the amount bi d for at the latt e r price was accepted. The average price of Treasury bills to be i s s u e d is 99.881 an d the average rate is about 0 .24 per cent p e r a n n u m on a b a n k discount basis.
image-container-111 - 2- BUFFALO, N. Y., P.O. IO-9-3 4 . Mr. Gaston Immediate steps w ill be taken to acquire the site selected and to prepare plans and specifications for the proposed n e w building.
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