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Ire#«, n r io ,0 / 3 pv v. * $ 0 U-S- Fr<?S $ t'» l^tS^S lib r a r y pn0 M 5030 JUN 141972 TREASURY DEPARTMENT TREASURY DEPARTMENT FOR RELEASE,MORNING PAPERS, Friday, January 4, 1935« STATEMENT BY SECRETARY MORGENTHAIT The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $75,000,000, or thereabouts* They will he 183-day hills; and will he sold on a discount basis to the highest bidders* Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o*clock p*m*, Eastern Standard time, cn Monday, January 7, 1935* Tenders will not he received at the Treasury Department, Washington, D.C. The Treasury hills will he dated January 9, 1935, and will mature on July 10, 1935, and on the maturity date the face amount will he payable without interest* They will he issued in bearer form only, and in amounts or denominations of $1,000 $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders he made on the printed forms and forwarded in the special envelopes which will he supplied by the Federal Reserve Banks ©r branches upon application therefor. No tender for an amount less than $1,000 will he considered* must be in multiples of $1,000* Each tender The price offered must he expressed on the basis of 1 0 0 , with not more than three decimal places, e*g*, 99*135* Fractions must not he used* Tenders will he accepted without cash deposit from incorporated hanks and trust companies and from responsible and recognized dealers in investment securi ties* Tenders from others must he accompanied by a deposit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated hank or trust company* Immediately after the closing hour for receipt of tenders on January 7 , 1935, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will b® opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning* The Secretary of the Treasury expressly reserves the right to reject any or all ten ders or parts of tenders, and to allet less than the amount applied for, and his action in any such respect shall "be final« (Those submitting tenders will "be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury "bills allotted must be made at the Federal Reserve Banks in cash or ©the immediately available funds on January 9, 1935« The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed "tythe United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. TREASURY DEPARTMENT Washington MEMORANDUM EOR THE PRESS January 7, 1935. jECSIPTS OP SILVER BY THE MINTS AND ASSAY OFFICES: [(Under Executive Proclamation of December 21, 1933) [eek ending January 4, 1935: Philadelphia ....... ............................ . 90,323.49 fine ounces San Francisco.............. . 376,685.58 " * Denver»..... ......................... ......... .. 376,00 Total for week ended Jan# 4#.................# 467,385*07 [otal receipts'through January 4, 1 9 3 5 . • 21,710,000*00 (IEVER TRANSFERRED TO UNITED STATES: f (Under Executive Proclamation of August 9, 1934) [eek ended January 4, 1935: Philadelphia ............ .............. ........ 2,859.00 fine ounces New York...... ............ .................... 183.888.00 San Francisco .................. .............. . 121.748.00 Denver.............. ............... . 218.00 New Orl eans............................... ...... 235.00 Seattle...... . 169.00 Total for week ended Jan. 4 ..... ......... . ............ 309,117.00 (total .receipts through January 4, 1935,.......... .111,371,694.00 RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: [eek ending January 4, 1935: Imports Philadelphia. -----New York ....................... 9,603,200*00 San Francisco, 45,675.93 Denver. 16,150.00 New Orleans.., 38,834.43 Seattle....... Total for week ending Jan#4,1935.$9,703,860.36 Secondary 210,532.84 642,900.00 98,482.92 15,663.00 26,399.02 15,431.74 $1,009,409.52 $ New Domestic H I 874,794.35 538,814.00 462.04 185^355.30 $1,599,562.30 joLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER'S OFFICE: (Under Secretary's Order of December 2 1933) eceived by Federal Reserve Banks: [eek ended Januarv 2* tjÉÉ«....... Gold Coin $ 59,624.80 29,631,843.04 $29,691,467.84 Gold Certifie 315,430.00 80^145,000.00 $80,460,430.00 $ $ $ leceived by Treasurer's Office: leceived previously.% *., fotal to January 2 , 193i TOTE: $ 300.00 258,506.00 25B,806.00 Gold bars deposited with the New York Assay Office to the amount of $200,572.69 previously reported# 16,000.00 1,937,600.00 $ 1,953,600.00 FOR RELEASE, MORNING PAPERS, Friday, January 11, 1935* TREASURY DEPARTMENT STATEMENT BY SECRETARY MORGENTHAU THe Secretary of tlie Treasury gives notice that tenders are invited for Treasury hills to the amount of $75,000,000, or thereabouts. They will he 182— day hills; and will he sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to tw® o'clock p.m., Eastern Standard time, on Monday, January 14, 1935. Tenders will not he received at the Treasury Department, Washington. The Treasury bills will be dated January 16, 1935, and will mature on July 17, 1935, and on the maturity date the face amount will be payable without interest. They will be issued in bearer form only, and in amounts or denominations of ¿¡>1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. be in multiples of $1,000. Eacii tender must The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not be^ used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties*. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. Immediately after the closing hour for receipt of tenders on January 14, 1935, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall "be final* the acceptance or rejection thereof* Those submitting tenders will he advised of Payment at the price offered for Treasury hills allotted must he made at the Federal Reserve Banks in cash or other immediately available funds on January 16, 1935* The Treasury hills will he exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also he exempt, from all taxation, except estate and inheritance taxes* No loss from the sale or other disposition of the Treasury hills shall he allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions* Treasury Department Circular No* 418, as amended, and this notice prescribe the terms of the Treasury hills a,nd govern the conditions of their issue* Copies of the circular may he obtained from any Federal Reserve Bank or branch thereof* FOR RELEASE, MORNING- PAPERS, Friday, January 18, 1935* treasury department STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury "bills to the amount of $75,000,000, or thereabouts. They will he 182-dfy hills; and will he sold on a discount basis to the highest bidders* Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o ‘clock p*m., Eastern Standard time, on Monday, January 21, 1935. Tenders will not he received at the Treasury Department, Washington. The Treasury hills will he dated January 23, 1935, and will nature on July 24, 1935, and on the maturity date the face amount will he payable without interest. They will he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders he made on the printed forms and forwarded in the special envelopes which will he supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an arnopnt less than $1,000 will he considered* must he in multiples of $1,000* Each tender The price offered must he expressed on the basis of 100, with not more than three decimal places, e*g*, 99*125. Frantions must not he used. Tenders will he accepted without cash deposit from incorporated hanks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must he accompanied by a deposit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated hank or trust company. Immediately after the closing hour for receipt of tenders on January 21, 1935 all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will he opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall "be final. the acceptance or rejection thereof. Those submitting tenders will be advised of Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on January 23, 1935« The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. No loss from'the sale or other disposition of .the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies ef the circular may be obtained from any Federal Reserve Bank of branch thereof© /F O R - T H K ' Jestuary 21, 1935. Representative Robert L. Doughton, Chairmen of the bays and Means Committee, !E m i t t e d the following explanation of the bill which he introduced today to amend the Second Liberty Bond Act: The present authority of the Government to issue bonds is limited to i2,549?512?885. The* Second Liberty Bond Act in its present form carries author- ! ization for the issuance of %28,00u,0u0,uG0 of bonds, but since $25,450,487,115 have already been issued, the right to issue nevvT long-term securities is very much re stricted. Of the more than $25,000,000,000 which have issued, thebe are now out standing $13,474,947,650. But the nearly $12,000,000,000 which have been retired i may not be reissued without specific authority, since the authorization in the I Second Liberty Bond Act was not in the nature of a revolving fund. It is now proposed to substitute a $£5,000,000,000 revolving authorization for the previous $28,000,000,000 fixed authority. This will give to the Treasury authority to issue betwen eleven and twelve billions in bonas, which is -pprob%y mately equivalent to the amount of those which have been retired out of those is sued under the $28,000,000,000 authorization. The bill also Droposss to consolidate the two existing revolving funds iclating to short term obligations. At present notes may be issued to the amount | of $1 0 ,0 0 0 ,0 0 0 ,0 0 0 *outstanding at any one time, and certificates of indebtedness and Treasury bills may be outstanding in like amount. It is proposed to substi- tute one $2 0 ,0 0 0 ,0 0 0 ,0 0 0 limitation- applicable to the aggregate outstanding notes, certificates and bills, thus affording greater flexibility in financing the re quirements of the Treasury. There were on December 31st $9,586,000,000 of notes outstanding, while certificates and bills aggregated $2 ,112,000,00a;. The ment proposed in this regard would not increase the total authorization for the issuance of short term obligations. The bill would likewise .uthorize the issuance, ait a discount, of United States Savings Bonds maturing in from ten to twenty yea.rs, with the holder having the right in the interval to receive payment from the Treasury on an ascenaing scale of value. It would also permit the use of Government guasranteed bonas as security in lieu of surety bonas. STATEMENT SHOWING- PRESENT AUTHORITY TO ISSUE BONDS, NOTES, CERTIFICATES OF INDEBTEDNESS AND TREASURY BILLS UNDER THE SECOND LIBERTY BOND ACT, AS AMENDED, AND UNDER PROPOSED AMENDMENTS. (December 31, 1934) Bonds Under present authority Total issuable .......... .............. ................ Total issued Liberty bonds ........... •*••*••• $14,948,096,150 Treasury bonds ........ • •...... . 10,502,390,965 Balance now issuable ...... Total Total Total Total $28,000,000,000 25,450,487,115 $ 2,549,512,885 authorized ............ $28,000,000,000 issued 25,450,487,115 retired 11,975,539,465 outstanding........ 13,474,947,650 Under proposed amendment Total which may be outstanding at any one time ••••.... . Now outstanding Liberty bonds .......... ...... ••••$ 3,194,086,650 Treasury bonds ................. .. 10,280,861,000 Balance issuable .............. ......... ................ . Notes, Certificates of Indebtedness and Treasury Bills Under present authority Notes Total which may be outstanding at any one time . *. Now outstanding — Treasury notes .............. Balance issuable ............................... . Certificates of indebtedness and Treasury bills. Total which may be outstanding at any one time ..... Now out s tanding Certificates of indebtedness ..... $ 158,300,000 Treasury b i l l s ........••.....••• • 1,954,168,000 Balance issuable .................. ............... ** $25,000,000,000 13,474,947,650 $11,525,052,350 .. $1 0 ,0 0 0 ,0 0 0 ,0 0 0 .. 9,586,377,400 .. $ 413,622,600 $1 0 ,000,000,000 3,112,468,000 $ 7,887 ,532,000 Under •proposed amendments Notes, Certificates of indebtedness and Treasury bills $2 0 ,0 0 0 ,0 0 0 ,0 0 0 Total which may be outstanding at any ono time Now outstanding N o t e s ................. $9,586,377,400 Certificates of indebtedness ..... 158,300,000 11,,698,845,400 Treasury bills ....... 1,954,168,000 $ 8,301,154,600 Balance issuable ................. ............... ........ . A BILL To amend the Second Liberty Bond Act , as amended, and for other purposes. B e it enacted by the Senate and House of Representatives of the United States of America in Congress assembled. That the Second Liberty Bond Act, as amended, is further amended as follows: SBC. 1*' The first paragraph of section 1 is amended to read as follows: HThe Secretary of the Treasury, with the approval of the President, is hereby authorized to borrow, frpm time to time, on the credit of the United States for the purposes of this Act, to provide for the purchase, redemption or refunding, at or before maturity, of•any outstanding bonds, notes, certificates of indebtedness or Treasury bills of the United States, and to meet expenditures authorized for the national security and defense and other public purposes authorized by law, such sum or sums as in his judgment may be necessary, and to- issue therefor bonds of th<^ United States: Provided, that the face amount of bonds issued under this section and section 2 2 of this Act shall not exceed in the aggregate $25,000,000,000 outstanding at any one time.** SEC. 2. The first sentence of subsection (a) of section 5 is amended to read as follows; “ In addition to the "bonds and notes authorized "by sections 1, 18 and 22 of this Act, as amended, the Secretary of the Treasury is authorized, subject to the limitation imposed "by section 21 of this Act, to "borrow from time to time, on the credit of the United States, for the purposes of this Act, to provide for the purchase, redemption or refunding, at or "before maturity, of any outstanding "bonds, notes, certificates of in debtedness or Treasury "bills of the United States, and to meet public expenditures authorized by law, such sum or sums as in his judgment may be necessary, and to issue therefor (l) certificates of indebtedness of the United States at not less than par (except as provided in section 20 of this Act, as amended) and at such rate or rates of interest, payable at such time or times as he may pre scribe; or, (2) Treasury bills on a discount basis and payable s.t maturity without interest.” SEC. 3. Section 5 is further amended by striking out the final sentence of subsection (a) thereof, reading as follows: “The sum of the par value of such certificates and Treasury bills outstanding hereunder and under section 6 of the Eirst Liberty Bond Act shall not at any one time exceed in the aggregate $1 0 ,000 , 000 , 000 . “ SEC# 4. Subsection (a) of section 18 is amended to read as follows: “In addition to the bonds and certificates of indebtedness and war— savings certificates authorized by this Act and amendments — o— thereto, the Secretary of the Treasury, with the approval of the President, is authorized, subject to the limitation imposed hy section 21 of this Act to borrow from time to time on the credit of the United States for the purposes of this Act, to provide for the purchase, redemption or refunding, at or before maturity, of any outstanding bonds, notes, certificates of indebtedness or Treasury bills of the United States, and to meet public expendi tures authorized by law, such sum or sums as in his judgment may be necessary and to issue therefor notes of the United States at net less than m r (except as provided in section 20 of this Act, as amended) in such form or forms and denomination or denominations, containing such terms and conditions, and at such rate or rates of interest, as the Secretary of the Treasury may prescribe, and each series of notes so issued snail be payable at such time not less than one year nor more than five years from the date of its issue as he may nrescribe, and may be redeemable before maturity (at the option of the United States) in whole or in part, upon not more than one y e a r ’s nor less than four months’ notice,, and under such rules and regulations and during such period as he may prescribe.” S3C. 5. "SEC. 21. By adding a new section, as follows: The face amount of certificates of indebtedness and Treasury bills authorized by section 5 of tnis Act, certificates of indebtedness authorized by section 6 of the Birst Liberty Bond Act, and notes authorized by section 18 of this Act shall not exceed in the aggregate $2. 0 ,0 0 0 ,0 0 0 ,0 0 0 outstanding at any one time.’ - A - SEC. 6 , USEC. 22* By adding a new section, as follows! A* The Secretary of the Treasury, with the ap proval of the President, is authorized to issue, from time to time» through the Postal Service or otherwise, bonds of the United States to be known as United States Savings Bonds* ' The proceeds of the Savings Bonds shall be available to meet any public expenditures authorized by law and to retire any outstanding obligations of the United States bearing interest or issued on a discount basis* The various issues and series of the Savings Bonds shall be in such forms, shall be offered in such amounts within the limits of Section 1 of this Act, as amended, and shall be issued in such manner and subject to such terms and conditions consistent with paragraphs B and C hereof, and including any restriction on their transfer, as the Secretary of the Treasury may from time to time prescribe* UB. Each Savings Bond shall be issued on a discount basis to mature not less than ten nor more than twenty years from the date as of which the bond is issued, and provision may be made for re demption before maturity upon such terms and conditions as the Secretary of the Treasury may prescribe? Provided, that the issue price of Savings Bonds and the terms upon which they may be redeemed prior to maturity shall be such as to afford an investment yield not in excess of three per centum per annum, compounded semiannually* The denominations of Savings Bonds shall be in terms of their maturity y value and shall not be less than $25* It shall not be lawful for any 5 one person at any one time to hold Savings Bonds issued during any one calendar year in an aggregate amount exceeding $1 0 ,0 0 0 (maturity value). ’’C. The provisions of Section 7 of this Act, as amended, (relating to the exemptions from taxation "both as to principal and as to interest of bonds issued under authority of Section 1 of this Act, as amended) shall apply as well to the Savings Bonds? and, for the purposes of determining taxes and tax exemptions, the increment in value represented by the difference between the price paid and the redemption value received (whether at or before matur ity) shall be considered as interest. The Savings Bonds shall not bear the circulation privilege. nD. The appropriation for expenses provided by section 10 of this Act and extended by the Act of June 16, 1931, (U.S.C*, title 31, sec. 76l) shall be available for all necessary expenses under this section; and the Secretary of the Treasury is authorized to advance, from time to time, to the Postmaster General from sucja appropriation such sums as are shown to be required for the expenses of the Post Office Department, in connection with the handling of the bonds issued under this section. nE. The Board of Trustees of the Postal Savings System is authorized to permit, subject to such regulations as it may from time to time prescribe, the withdrawal of deposits on less than sixty days* notice for the purpose of acquiring Savings Bonds which may he offered hy the Secretary of the Treasury; and in such cases to make payment of interest to the date of withdrawal whether or not a regular interest payment date, No further original issue of bonds authorized hy Section 10 of the Act approved June 25» 1910 (U.S.C*, title 39, sec* 760), shall he made after July 1, 1935* "F* At the request of the Secretary of the Treasury the Postmaster General, under such regulations as he may prescribe, shall require the employees of the Post Office Department and of the Postal Service to perform, without extra compensation, such fiscal agency services as may he desirable and practicable in con nection with the issue, delivery,safe-keeping, redemption and pay ment of the Savings Bonds*” SEC* 7* Section 1126 of the Revenue Act of 1926 is amended by adding at the end thereof the following: nIn order to avoid the frequent substitution of securities such rules and regulations may limit the effect of this section, in appropriate classes of cases, to bonds and notes of the United States maturing more than a year after the date of deposit of such bonds as security. The phrase 1bonds or notes of the United States* shall be deemed, for the pur poses of this section, to mean any public debt obligations of the United States and any bonds, notes, or other obligations which are unconditionally guaranteed as to both interest and principal by the United States.” TREASURY DEPARTMENT Washington mucmm m January 21, 1935. for the press o p s i l v e r b y t h e m i n t s a n d ASSA Y OFFICES: (Under Executive Proclamation of December 21, 1933) receipts Week ending January 18, 1935: Philadelphia.... ......................... San Francisco .............. ...... ....... . Denver............ ........... . Total for week ended Jan. 18....... . Total receipts through January 18, 1935....... 201,036.46 264,370.18 266,803.00 732,209.64 22,947,000.00 fine ounces it it n M ti U ti it SILVER 'TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9,.1934) Week ended January 18, 1935: Philadelphia..... . New York • *....... ..... . 30,386.00 San Francisco......... .. 2,634.00 Denver. 427.00 New Orleans...... . Seattle........... ..................... ...... 486.00 Total for week ended Jan. 18............ . 75,797.00 Total receipts through January 18, 1935............ 111,983,225.00 fine ounces h h it it it tt » U n if h n n » RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: New D ome stic Secondary... Imports Week ending January 18, 1935: ,, 154.39 $261,193.31 $ Philadelphia........ ........... 72,500.00 .7,760,600.00 888,500.00 New York .................... .. 124,922.97 115,240.60 1,096,573.59 San Francisco................. 794,847.00 60,925.00 Denver........................... 33,814.00 669.12 49,649.30 New Orleans .......... .......... 2,076.78 119,619.13 25.645*12 S e a t t l e . ............ Total for week ending Jan. 18, 1935.. $7,921,413.75$.,401,153.33 $2,084,363.23 (Under Secretary’s Order of December 28, 1933) Received by Federal Reserve Eanks: Gold Coin Week ended January 16, 1935.............. $ 34,150.44 Received previously.....................v.. 29.733.808.69 Total to January 16, 1935................ .$29,767,969.13 Received by Treasurer’s Office: Week ended January 16, 1935........... ,.,$ Received p r e v i o u s l y . . Total to January 16, 1935........ ....,••.$ NOTE: 500.00 258^806.00 259,306.QO G-old bars deposited with the New York Assay Office to tho amount of $200,572.69 previously reported. Gold Pertificatea $ 764,840.00 81,233,940.00 $81,998,780.00 $ 14,500.00 1,965,800.00 $ 1,980,300.00 DOR RELEASE»MORNING PAPERS Friday, January 25, 1935* treasury department STATEMENT 3Y SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $75,000,000, or thereabouts. They will he 182-day hills; and will he sold on a discount hasis to the highest bidders. Tenders will he received at the Feders.1 Reserve Banks, or the hranenes thereof, up to two o ’clock p.m., Eastern Standard time, on Monday, January 28, 1935. Tenners will not he. received at the Treasury Department, Washington. The Treasury hills will he dated January 30, 1935, ana will mature on July 31, 1935, and on the maturity date the face amount will be payable without inter est. They will he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders he made on the printed forms and forwarded in the special envelopes which will be suppdied by the Federa.1 Reserve Banks or branch^® upon application therefor. No tender for an amount less than $1,000 will he considered. must he in multiples of $1,000. Each tenner The price offered must he expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not he used. Tenders will he accepted without cash deposit from incorporated hanks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 per cent of the fac -3 amount of Treasury hills applied tor, unless the tenders are accompanied by an express guarahty of payment by an incorporated bank or trust company. Immediately after the closing hour for receipt of tenders on January 28, 1935, all tenders received at the Federal Reserve Banks or branches thereof up 'to the closing hour will be opened and public announcement of the acceptable ¡prices will fallow as soon as possible thereafter, probably on the following ¡morning* The Secretary of the Treasury expressly reserves the right to reject ferny or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respoct shall be final* Those submitting tenders [will be advised of the acceptance or rejection thereof, Payment at the price ¡offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on January 30, 1935* The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. Ro loss from the lale or other disposition of the Treasury bills shall be allowed as a deduction, ter otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions* Treasury Department Circular Ro* 418, as amended, and this notice prescribe ¡the terms of the Treasury bills and govern the conditions of thdr issue* Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof*. TREASURY DEPARTMENT MEMORANDUM POR THE PRESS January 28, 1935. RECEIPTS OP SILVER BY THE MINTS AND ASSAY OPR ICES: I [Under Executive Proclamation of December 3l, 1933) leek ending January 25,1935: Philadelphia. ........ . 566,820*41 San Francisco..... ............... ......... ... 335,208.56 Denver*.*....................... ................ 71.276.00 973,304.97 Total for week ended Jan. 25................ Total receipts through January 25, 1935 ........ ••23,920,000.00 fine ounces It II II It II II II II SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) leek ended January 25, 1935: Philadelphia ........ ...... . 13,576*00 „ 15,167.00 New York....,..... San Francisco ............ . 30,693,00 Denver..................... ••••.<« 1,714.00 New Orleans. .••*•••••*...••••••..... « 389.00 Seattle....... ................ ............... . 538*00 Total for week ended Jan. 25*............... 62,077*00 Total receipts through January 25, 1935*......... 112,045,302.00 fine ounces II tl II It II It It It II II II II II It [RECEIPTS OF G-OLD BY THE MINTS AND ASSAY OFFICES: leek ending January 25, 1935: Imports ■■*» Philadelphia*....... . New York ................... . 55,309,700.00 San Francisco.......... ......... 771,212.22 Denver......................... .. 69,471.00 I New Orleans..... .......... . 13,595.35 S e a t t l e . .... . .... ..... Total for week ending Jan* 25, 1935.$56,163,978.57 New Domestic, Secondary 394.13 $ 362,474.91 $ 655,300.00 142,966.40 1,686,655.86 680,003.00 80,304.00 49,289.78 445.30 173*582*01 28.591*00 $1^,318,926.09 $2,541,080*30 GOLD RECEIVED BY FEDERAIJRESERVE B A M S AND THE TREASURER ’S OFF ICl (Under Secretary’s Order of December 28-, 1933*) Received by Federal Reserve Banks: Gold Coin iWeek ended January 23, 1935...*........ $ 33,850*36 Received previously.......... 29.767,959*13 $29,801,809.49 Total to January 23, 1935....... . Received by Treasurer’s Office: IWeek ended January 23, 1935. ...••••••••••* [Received previously.............. $ p?otal to January 23, 1935*....... $ ROTE: Gold Certificates $ 838,290.00 81.998,780*00 $82,837,070.00 $ 259,306*00 259,306.00 Gold bars deposited with the New York Assay Office to the amount of $200,572.69 previous^/ reported. 7,100.00 1,980,300.00 $ 1,987,400.00 TREASURY DEPARTMENT POE RELEASE, MORNING PAPERS, Friday, February 1 , 1935. STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury Dills to the emount of $75,000,000, or thereabouts* They will be 182-day bills; and will be sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o*clock p.m., Eastern Standard time, on Monday, February 4 , 1935. lenders will not be received at the Treasury Department, Washington. The Treasury hills will he dated February 6 , 1935, and will mature on August 7, 1935, and on the maturity date the face amount will he payable with out interest. They will he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value) • It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. must be in multiples of $1,000. Each tender The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied W an ^ P ^ e s s guaranty of payment by an incorporated bank or trust company. Imme&iately after the closing hour for receipt of tenders on February 4 , 1835, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following I'mormng. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on February 6 , 1935. „ The Treasury bills will be exempt, a s to principal and interest, and any g a m from the sale or other disposition thereof will also be exempt, from all .taxation, except estate and inheritance taxes. Ho loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular Ho. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. TREASURY DEPARTMENT February 4 , 1935. MEMORANDUM EOR THE PRESS RECEIPTS OP S ILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) Week ending February 1, 1935: San Francisco.............. ............ «... 321,144.37 fine ounces Denver............................ ......... 616.00 p « Total for week ended February 1, 1935c........ 321,760.37 " I Total receipts through February 1, 1935...... 24,242,000.00 " ,f SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended February 1, 1935: Philadelphia ............................... 84,506.00 fine ounces rf New York.................................... 43,142.00 » t t San Francisco......................... 4*175.00 " t i Denver.................. ,.... ....... 989.00 * « 534.00 | New Orleans............. tt Seattle.................................. 750.00 « it Total for week ended February 1 , 1935....... 134,096.00 n if Total receipts through February 1, 1935......112,179,398.00 RECEIPTS OF (GOLD BY THE MINTS AND ASSAY OFFICES; Week ended February 1 , 1935; Philadelphia. New Y o r k ...... ...... . San Francisco....... . Denver............ .,......... New Orleans....,............... Seattle........................ Total for week ended Feb. 1, 1935 Imports ffecondägy ----$342,417.53 $ 65,075,400.00 431,900.00 213,759.33 144,292.72 34,144o00 39,394.00 - --4 0 9214*38 --- . 33 303.77 New D omestic 418.98 560,000.00 7249097c32 4259245o00 . 179 506*04 $65,323,303*33$L,031,522.40 $1,889,267.34 GULP, RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER1S OFFICE: j (Under Secretary's Order of December 28, 1933) •Received by Federal Reserve Ranks: peek ended January 30, 1935« Received previously.......... . Total to January 30, 1935............... G-old Coin .$ 41,326.39 *_29_, 8011809 q 49 .$29,843,1*35.88 [Received by Treasurer's Office: peek ended January 30, 1935.............. oa$ Received previously....................... ... total to January 30, 1935....... ........ ..$ pOTE: •** 259.306 0 00 259,306*00 G-Old bars deposited with the New York Assay Office to the amount of $200,572o69 previously reported. G-old Certificates $ 523,970.00 82,837.070.00 $83,361,040® 00 # 15,200*00 1,987.400.00 $ 2,002,600.00 TBEASUEY p P A E T M E N T FOB EELEASE, .MOENINO PAPEES, Wednesday, February 6 , 1935* STATEMENT BY SECBETABY MOBGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury bills to the amount of $75,000,000, or thereabouts. They will be 182-day bills; and. will be sold on a discount basis to the highest bidders* / Tenders will be received at the Federal Beserve Banks, or the branches thereof, up to two o'clock p.m., Eastern Standard time, on Friday, February 8 , 1935* Tenders will not be received at the Treasury Department, Washington* The Treasury bills will be dated February 13, 1935, and will mature on August 14, 1935, and on the maturity date the face amount will be payable without interest. They will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value)• It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Beserve Banks or branches upon application therefor* No tender for an amount less than $1,000 will be considered* must be in multiples of $1,000* Each tender The price offered must be expressed on the basis of 100, with not more than three decimal places, e*g*, 99*125. Fractions must not be used* Tenders will be accepted without cash deposit from incorporated banks and trust companies and. from responsible and. recognized dealers in investment securities. Tenders from others must be accompanied by a deposit of 10 per cent *f the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust c ompany, 2 ■ - Immediately after the closing hour for receipt of tenders on February 8 , 1935, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on February 13, 1935# The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes, Ho loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions# Treasury Department Circular Ho, 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue# Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof TREASURY DEPARTMENT Washington ■MEMORANDUM POR THE PRESS February 11, 1935. RECEIPTS OF SILVER BY THE MINTS AND ASSAY OPE ICES : (Under Executive Proclamation of December 21, 1933) Week ending February 8 , 1935: Philadelphia................... ............ San Francisco.............................. .. Denver............... ....................... . Total for week ended February 8 , 1935 ...... . Total receipts through February 8 , 1935....... 1,075,307.11 79,590.83 12,808.00 1,167,705.94 25,410,000.00 fine ounces It II II II It It II II SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended February 8 , 1935: Philadelphia ...... ............. .......... New York.................. San Francisco............ Denver...................... ................ New Orleans ............... Seattle...................................... Total for week ended February 8 , 1935......... Total receipts through February 8 , 1935....... 9,307• 00 16,641.00 4,720.00 2,364.00 259.00 515.00 33,806.00 112,213,204.00 fine ounces ti ti h it h ti « ti RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: New Week ended February 8 , 1935: Imports Secondary________ Domestic Philadelphia ..................... $ 20,859«72 $ 380,727.93 $ 1.586.45 New York............. ............ 25,200,400c00 709,900.00 532,400.00 San Francisco..................... 101.488.35 129,189.83 1,802,370.16 Denver............ 10*853.00 45,817.00 515*262.00 9,013.26 60,761.02 1,001.60 New Orleans....................... S e a t t l e ................ .......... ......... ...... 31,667.89 16,072.76 Total for week ended Feb. 8 , 1935.... $25,342,614.33 $1,358,063.67 $2,868.692.97 COLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER1S OFFICE: [Received by Federal Reserve Banks: G-old Coin Vkek ended February 6 , 1935 ...........,.$ 23,761.73 ’ Received previously..... ............... ._29_,84-3j 135.8_8 lv';al to February 6 , 1935............... $29,866,897.61 Gold Certificates $ 409,620.00" 83,361,040.00 $*83,770,660.00 Received by Treasurer’s Office^ Week ended February 6 , 1935 ~ ~ ~ ~ ~ _ Received previously .................... .... 259,306.00 Total to February 6 , 1935.......... .....$ 259,306.00 $ 8 ,200.00 __ 2,002,600.00 $ 2,010,800.00 MOTE: Gold bars deposited with the New York Assay Office to the amount of $200,572.69 previously reported. EOR RELEASE, MORNING PAPERS, Friday, February 15, 1935» TREASURY DEPARTMENT STATEMENT BY SECRETARY MORGENTKAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $75,000,000, or thereabouts. They will be 182-day bills; and will be sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two ! o*clock p.m., Eastern Standard time, on Monday, February 18, 1935* Tenders will ¡not be received at the Treasury Department, Washington. The Treasury bills will be dated February 20, 1935, and will mature on August 21, 1935, and on the maturity date the face amount will be payable without [interest. They will be issued in bearer form only, and in amounts or denomina tions of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the [special envelopes which will be supplied by the Federal Reserve Banks or branches (upon application therefor. No tender for an amount less than $1,000 will be considered. [must be in multiples of $1,000. Each tender The price offered must be expressed on the basis {of 100, with not more than three decimal places, e.g., 99.125. Fractions must not jbe used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by fern express guaranty of payment by an incorporated bank or trust company. Immediately after the closing hour for receipt of tenders on February 18,1385, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject ■ any or all tenders 03? parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on February 20, 1935. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. Ho loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular Ho. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. TREASURY DEPARTMENT Washington MEMORANDUM FOR THE PRESS February 18, 1935* RECEIPTS OP SILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) Week ending February 15, 1935: Philadelphia#.... .......... ......... ....... San Francisco ...... ...... ................. Denver............................ .......... Total for week ended February 15, 1935........ Total receipts 'through February 15, 1935....... 371,556#67 fine ounces 676,852.65 »* g 78,163.00 ft ( 1,126,572.32 H | 26,536,000.00 » » SILVER TRANSFERRED TO'UNITED STATES: (Under Executive Proclamation of August 9 , 1934) Week ended February 15, 1935: Philadelphia......... .............. ...... . 4,650.00 fine ounces New York................. 33,016.00 » it San Francisco ............. 1,495.00 n it Deliver ...................................... 5,615.00 it h New O r l e a n s .... .................. 675.00 » tf Seattle............ ......................... 352«, 00 « it Total for week ended February 15, 1935........ 45,803.00 » » Total receipts through February 15, 1935..... , 112,259,007.00 RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: Week ended February 15, 1935: Imports Philadelphia................ .....$ B ,671.25 New York.................. ......... 34,236,100.00 San Francisco........ 58,605.84 ^ v e r ........................... 79,847.00 New Orleans.... ................. 5 3 5 .9 9 Seattle.......................... Total for week ended Feb. 15, 1935..$34,381,760.08 New __Secondary_________ Domes tic $ 260,987.52 $ 100.70 308,000.00 ----102,913.28 1,582,559.60 47,509.00 636,376,00 50,540.74 821*19 22.001.71 208,357.88 $ 791,952.25 $2,428,195737 OOLD RECEIVED BY FEDERAL RES ERVE RANKS AND THE TREASURER’S OFFICE: AUnder Secretary’s Order of December 28, 1933) Received by Federal Reserve Banks: _____Gold Coin Week ended February 13, 1935............. $ 17,840.14 Received previously.............. ........ _ 2 9^866^ 897_.61 Total to February 13, 1935...... ........ $29,88*4,737'.7*5 ¡Received by Treasurer's Office: Week ended February 13, 1935... Received previously........... Total to February 13, 1935..... NOTE: $ $ 500.00 259,306.00 259,806.00 Gold bars deposited with the New York Assay Office to the amount of $200,572,69 previously reported. Gold Certificates $ 415,960c00 83,770,660 .0 0 $84,186,620.00 1 1 , 000 c00 2 . 0 1 0 , 8 0 0 « 00 $ 2,021,800.00 $ TREASURY DEPARTMENT EOR RELEASE, MORNING- PAPERS, Friday, February 22, 1935. STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for ijtwo series of Treasury hills to the aggregate amount of $100,000,000, or therejfabouts# dbills. One series will he 182-day hills and the other series will he 273-day Both series will he sold on a discount basis to the highest bidders# |||lenders will he received at the Federal Reserve Banks, or the branches thereof, jijhp to two o ’clock p.m#, Eastern Standard time, on Monday, February 25, 1935# !|0enders will not he received at the Treasury Department, Washington# The Treasury hills will, as stated, he issued in two series, $50,000,000, or jfthereabouts, maturing on August 28, 1935, and $50,000,000, or thereabouts, maturing on November 27, 1935; both series to he dated February 27, 1935. Bidders Iwill he required to specify the particular series for which each tender is made# ]|lThe face amount of the hills cf each series will he payable without interest on Jjtheir respective maturity dates# The hills will he issued in hearer form only, jljand in amounts or denominations of $1 ,0 0 0 , $1 0 ,0 0 0 , $1 0 0 ,0 0 0 , $500,000, and l![$l,0 0 0 ,0 0 0 (maturity value). It is urged that tenders he made on the printed forms and forwarded in the ^special envelopes which will he supplied by the Federal Reserve Banks or branches i|upon application therefor# No tender for an amount less than $1,000 will he considered# ijpust he in multiples of $1,000# Each tender The price offered must he expressed on the basis ]||of 100, with not more than three decimal places, e#g#, 99*125# Fractions must not !|be used# Tenders will he accepted ?/ithout cash deposit from incorporated hanks and ijfcrust companies and from responsible and recognized dealers in investment securities. IlDenders from others must he accompanied by a deposit of 10 per cent of the face Ipmount of Treasury hills a.pplied for, unless the tenders are accompanied by an / - 2- express guaranty of payment "by an incorporated dank or trust company. Immediately after the closing hour for receipt of tenders on February 25, 1^35 lall tenders received at tlie Federal Reserve Banks or dranch.es thereof up to the ¡closing hour will de opened and pudlic announcement of the acceptadle prices for ¡each series will follow as socn as possible thereafter, prodadly on the following ¡¡morning. ‘ The Secretary of the Treasury expressly reserves the right to reject any [or all tenders or parts of tenders, and to allot less than the amount applied for, [and his action in any such respect shall de final. Any tender which does not ¡specifically refer to a particular series will de subject to rejection. Those submitting tenders will de advised of the acceptance or rejection thereof. Payment at the price offered for Treasury dills allotted must be made at the federal Reserve Banks in cash or other immediately available funds on February 27, 1935. The Treasury dills will de exempt, as to principal and interest, ano. any gain from the sale or other disposition thereof will also de exempt, from all taxation, except estate and inheritance taxes. No loss from the sale or other disposition of the Treasury dills shall de allowed as a deduction,or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and tnis notice prescribe the terms of the Treasury dills and govern the conditions of their issue. Copies of the circular may de obtained from any Federal Reserve Bank or branch thereof. TREASURY DEPARTMENT Washington iEMORANDUM POR THE PRESS Jpebruary 25, 1935, RECEIPTS OE SILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) leek ending February 21, 1935: Philadelphia ............................... San Francisco............................... Denver...................................... Potal. for week ended February 21, 1935...... Total' receipts through February 21, 1935.... 234.238.36 fine 55,809.00 " 113.132.00 " 403.179.36 11 27,833,000.00 w *s ILVER TRANSFERRED TO UNITES STATES: (Under Executive Proclamation of August 9, 1934) leek ended February 21, 1935: j‘ Philadelphia.................... . I New York . .............................. : San Francisce....... .................. I Denver.................. ............... I New Orleans............................ I Seattle....... ......................... total for week ended February 21, 1935... Total receipts through February 21, 1935. 2.909.00 fine ounces 144,362.00 . 2 1 1 1 .0 0 1,377.00 807.00 765.00 152,331.00 112,411,338.00 RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: leek ended February 21, 1935: Imports Philadelphia............... 4,820.00 New York.......................... 46,670,200.00 San Francisco..................... 17,504.80 17,916.00 Denver .................. New Orleans........ 15,045.33 Seattle........................... ..... Iota! for week ended Feb. 21, 1935..$46,725,486.43 Secondary $237,325.84 300.00 80,344.15 36,318.00 58,805.85 23>247.87 $436,341*. 71 New Domestic 66.82 174.300.00 851,568.66 546.350.00 2,067.64 138,155.43 $1,712,508.55 SrOLD RECEIVED BY FEDERAL RESERVE B A M S AND THE TREASURER'S OFFICE; (Under Secretary's Order of December 28, '1933) Received by Federal Reserve Banks: _____ Gold Coin eek ended February 20, 1935.......... $ 17,083.80 Received previouslyl................... 29,884.737.75 Petal to February 20, 1935.............$29,90*1,821.55 Received by Treasurer's Office: leek ended February 20, 1935....... $ Received previously.................... total to February 20, 1935.............$ OTE: J. Gold Certificates $ 452,930.00 84,186.620.00 $84,639,550.00 $ 259,806.00 259,806.00 Gold bars deposited with the Ne?/ York Assay Office to the amount of $200,572.69 previously reported. 4,900.00 2,021,800.00 $ 2,026,700.00 FOR RELEASE, MORNING PAPERS, Friday, March 1, 1935. TREASURY DEPARTMENT STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for tw® ^series of Treasury hills to the aggregate amount of $100,000,000, or thereabouts* ¡One series will he 182-day hills and the other series will he 273-day hills. Both [series will he sold on a discount basis to the highest bidders. Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two n »clock rp.in., Eastern Standard time, on Monday, March 4, 1935. Tenders will not he received at the Treasury Department, Washington* The Treasury hills will, as stated, he issued in two series, $50,000,000, or thereabouts, maturing on September 4, 1935, and $50,000,000, or thereabouts, imaturing on December 4, 1935; both series to he dated March 6, 1935. Bidders will he required to specify the particular series for which each tender is made* The face amount of the hills of each series will he payable without interest on their respective maturity dates* The hills will he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders he made on the printed forms and forwarded in the special envelopes which will he supplied by the Federal Reserve Banks or branches upon application therefor* No tender for an amount less than $1,000 will he considered. must he in multiples of $1,000* Each tender The price offered must he expressed on the basis of 100, with not more than three decimal places, e*g., 99*125. Fractions must not he used* Tenders will he accepted without cash deposit from incorporated hanks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must he accompanied by a deposit of 10 per cent of the -2face amount of Treasury "bills applied for, unless the tenders are accompanied "by an express guaranty of payment "by an incorporated "bank or trust company# Immediately after the closing hour for receipt of tenders on March 4, 1935, all tenders received at the Federal Reserve Banks or "branches thereof up to the closing hour will "be opened and public announcement of the acceptable prices for each series will follow as soon as possible thereafter, probably on the following morning# The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Any tender which does not specifically refer to a particular series will be subject to rejection. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on March 6, The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also, be exempt, from all taxation, except estate and inheritance taxes. Bo loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular Bo. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof# TREASURY DEPARTMENT Washington [MEMORANDUM EOR THE PRESS March 4, 1935# ¡RECEIPTS OF SILVER BY THE MINTS AND ASSAY OEEICBS: ; (Under Executive Proclamation of Deccmher 21, 1933) Week ending March 1, 1935: Philadelphia ................. ............. . San Francisco................................ Denver........................................ (Total for week ended March 1, 1 9 3 5 ............ (Total receipts through, March 1, 1935..... . 831,214*34 fine ounces 352,667.68 " M 937 *,00 I " 1,184,819.02 '» " 28,124,000.00 " " (SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) ¡Week ended March 1, 1935: Philadelphia..................... ............ 3,542.00 fine ounces Now York.................. 29,516.00 " " [ Saii Francisco.............................. 821.00 | " Denver........................................ 2,736.00 " " New Orleans................. 231.00 " " Seattle '.... -................................. “ " 38,135.00 | " [Total for week ended March 1, 1935....... Total receipts through March 1, 1935........... 112,449,526.00 RECEIPTS OF GOLD BY,THE MINTS AND ASSAY OFFICES : Week ended March 1, 1935: Philadelphia.............. New Y o r k ........... . San Francisco............ . Denver..... ........ . New Orleans....... ....... Seattle................... Total for week ended March 1 _____ Imports $ " 247419,99 11,410,100.00 360,964.78 54,070.00 450.91 1935..$11,850,005.68 New D omestic ,Secondary__ 1Ö5.18 $ ' 380,379.77 $ 74,100.00 1,085,800.00 902,185.27 101,465.93 638,123.00 40,694.00 756.36 23,940.63 176.409.39 28.512>38 $1,660,792.71 $1,791,679.~§S" [¿-OLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER'S OFFICE! (Under Secretary's Order of December 28, 1933) Received "by Federal Reserve Banks: Week ended February 27, 1935........... Received previously. *.... ......... ..... [Total to February 27, 1935...... ....... Received by Treasurer's Office: Week ended February 27, 1935............ Received previously.... Total to February 27, 1 935.............. NOTE: Geld Coin____ $ 33 ,,7 2 8 . 16 ” 2 9 , 9 0 1 , 8 2 1 .5 5 ___ $2 9 , 9 3 5 , 5 4 9 .7 1 $ $ 000 259.806.00 259,806.00 Gold bars deposited with the New York Assay Office to the amount of $200,572*69 previously reported. Gold Certificates $ 5 7 9 , 8 5 0 .0 0 _ 84 ^6 3 9 . 550 .0 0 $8 5 , 2 1 9 , 4 0 0 .0 0 $ 9,700.00 _ 2*026.700.00 $2,036,400.00 POR RELEASE, MORNING- PAPERS, Friday, liarch 8, 1935« TREASURY D E P A RTI«! STATEMENT BY SECRETARY M’ JRGENTHAU The Secretary of the Treasury gives notice that tenders are invited for two leries of Treasury hills to the aggregate amount of $100,000,000, or thereabouts* tie series will he 182-day hills and the other series will he 273-day hills* Both leries will he sold on a discount basis to the highest bidders* Tenders will he deceived at the Pederal Reserve Banks, or the branches thereof, up to two o ’clock b.m., Eastern Standard time, on Monday, March 11, 1935. Tenders will not he received at the Treasury Department, Washington* The Treasury hills will, as stated, he issued in two series, $50,000,000, or [»hereabouts, maturing on September 11, 1935, and $50,000,000, or thereabouts, Maturing on December 11, 1935; both series to he dated March 13, 1935* Bidders, lull he required to specify the particular series for which each tender is made* The face amount of the hills of each scries will he payable without interest on heir respective maturity dates* The hills will he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders he made on the printed forms and forwarded in the special envelopes which will he supplied by the Pederal Reserve Banks or branches upon application therefor* No tender for an amount less than $1,000 will he considered* last he in multiples of $1,000* Each tender The price offered must he expressed on the basis of 100, with not more than three decimal places, e.g*, 99*125* Fractions must not [pe used* Tenders will be accepted without cash deposit from incorporated hanks and trust companies and from responsible and recognized dealers in investment securi ties* Tenders from others must he accompanied by a deposit of 10 per cent of the TRrjibU RY Dlfi-RlliuN!Ï Washington MFMORanDUM i OR THn PRLbo » March 11, 1935. RLTnf.L LlqUOR DLALLR liMSPLCTIOHS, CHICAGO. Six 'Weeks Period Ended March 9 . Total number of inspections .................. . ...... 12 ¡,568 *.... 1,524 Amount collected in taxes, penalties, and offers in compromise for Federal violations .............. .......... ¿¡¿IS,159.£5 Federal violations found ............................. . Classification of Federal violations : Failure to pay spècial tax ......... ................. ........ Failure to post special tax stamp ............ ............... Unstamped bottles ........... ....... .............. ....... . Undestroyed beer stamps ............... ....................... Unattached strip stamps ................ .................. . Failure to destroy empty liquor bottles ...................... Un-tax paid liquor found ..... .......... »................... Refilled bottles ........ ............. .................. . 520 118 482 £03 121 51 0 20 TREASURY DEPARTMENT Washingt on IBHORAHDUH DOB TEE,,PRESS ibrch 11, 1935 RETAIL LIQUOR DEALER IUSPECTIUHS, NEW YORK CITY Eive Weeks Period Ended March 9. 8,408 Total number of Inspections 1,439 Federal violations found . Amount collected: Tames and penalties* . . , . • * • • • • • • • • • • • • • • • Offers in compromise Glassification of Federal violations: Failure to pay special tax , , , . * • • • • • • • • • • • • • Failure to post special ta,x stamp, • • » * • • • • • # • • • * Refilled bottles • « • • • • • • * * » • • • • • • • • • • • Unstamped bottles. Unattached strip stamps. rUnattached beer stamps Failure to destroy'attached beer stamps. Un— tax paid alcohol. Failure to destroy empty liquor bottles, • • • • • • • • • • • Beer barrel with no beer stamp attached. Action taken by police^department^ (through Thursday March 7, only)! Humber of arrests. • Humber of cases referred to Hew York Stake Liquor Authority. . Violations corrected by Inspect ion Unit, . . , . • • • • « • • , „ * 17,118* 783 137 56 156 118 67 110 4 4 4 118 453 1,856 TREASURY DEPARTMENT Washington iì®t«JÌÌ POE March 11, 1935* PEE SS RECEIPTS OP SILBER BY THE MINTS AITO ASSAY QPPICES: (Under Executive Proclamation of December 21, 1933:) Week ending March 8, 1935: Philadelphia......... . San Prancisco* .............. ....... ...... Denver Total for v/eek ended March 8, 1935*........ • Total receipts through March 8, 1935. ......* 735.638.67 fine ounces 91,030.07 n " 17,860.00 ” P 844,528.74 » 8 28,969,000.00 n 8 SILVER, TEAESPSRPED TO UNITED STATES: .(Under Executive Proclamation Of August 9, 1934) Week ending March 8, 1935! Philadelphia ¡¡¡I York"............... ........... . San Prancisco............ ....... ......... Denver......... ....... .«••«•*...*•....... Rev; Orleans................... .......... . Seattle............................... . • •? Total for .ueek ended March 8, 1935......... Total receipts through March 8, 1935.....••• 5,770*00 fine ounces 12.953.00 8 " 34.554.00 " f 2,594.00 » 8 435.00 8 " 779.00 ” I 57.085.00 8 11 112,506,611.00 » 11 EECSIPTS UP GOLD BY THE Ml UTS ARE ASSAY OPPICES: Re?/ Domestic Sec-ondary 341. 29 $ 331 ,098. 29 $ 107 ,200. 00 816 ,800. 00 904 ,216. 35 125 ,481. 89 656 ,446. 00 36 ,666. 00 666. 73 46 ,940. 43 19 12 31 ,662. 26 SGcX"b"b!l-G# • •••• • • • * • • • • • • ♦ • • • • • ♦ <. _ L " fT Total for week ended March 8,1935.$9,359,775.17 $1,388 ,648. 87 $1,681 ,197. 56 Week ended March 8, 1935: Imports P h i l a d e l p h i a . 32,683.00 1lev/ Y^rk. 9,279,300.00 San r raneisc o . 18,048.70 Denver......................... 26,789.00 Rev/ Orleans.................... 2,954.47 GOLD RECEIVED BY PEDEBAL RESEBV E BANKS AND THE TREASURER’S OPPICE: (Under Secretary’s Order of December 28, 1933) Gold Coin Received by Pederal Reserve Banks: .$ 6 1 ,3 2 8 .5 4 Week ended March 6, 1935. . 2 9 j 9 3 5 ,5 4 9 * 7 1 Received previously. Total to March 8, 1935................. . $ 2 9 , 9 9 6 , 8 7 8 . 2 5 Received by Treasurer’s Office: Week ended March 6, ,1935............. ..$ Received previously............ ........ Total to March 6, 1935.................. $ ROTE: 400.00 259.806.00 260,206.00 Gold bars deposited uith the New York Assay Office to the amount of $200,572.69 previously reported. Gold Certificates 1 754,270.00 „85^19^400.00 $85,973,670.00 $ 6,200.00 2.036.400.00 $ 2,042,600.00 (CORRECTED COPY) ¡TREASURY DEPARTMENT POP RELEASE, MORNING- PAPERS, Friday, March 15, 1935# STATEMENT BY SECRETARY MORCSNTHAU The Secretary of the Treasury gives notice that tenders a,re invited for Itwo scries of Treasury hills to the aggregate amount of $100,000,000, or therejpbouts# tills! One series will he 182— day hills and the other series will he 273-day Both series will he sold on a discount basis to the highest bidders# jfTenders will be received at the Federal Reserve Banks, or the branches thereof, j|ip to two o*clock p.m#, Eastern Standard time, on Monday, March 18, 1935# jlrendcrs will not he received at the Treasury Department, Washington# The Treasury hills will, as stated, he issued in two series, $50,000,000, cfr Jithereabouts, maturing on September 18, 1935, and $50,000,000, or thereabouts, featuring on December 18, 1935; both series to be dated March 20, 1935. Bidders llwill be required to specify the particular series for which each tender is made# Itoie face amount of the bills of each series will be payable without interest on fcheir respective maturity dates# The bills will be issued in bearer form only, |{and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and ji$l,000,000 (maturity value)# It is urged that tenders be made on the printed forms and forwarded in the j[special envelopes Which will be supplied by the Federal Reserve Banks or branches jjapon application therefor# Ho tender for an amount less than $1,000 will be considered. pd4t be in multiples of $1,000# Each tender The price offered must be expressed on the basis iOi 100, with not more than three decimal places, e#g#, 99#125# Fractions mu$t not ’be used# Tenders will be accepted without cash deposit from incorporated banks and prust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 per cent of the face Imeant of Treasury "bills applied for, unless the tenders are accompanied "by an impress guaranty of payment by an incorporated bank or trust company« Immediately after the closing hour for receipt of tenders on March 18, 1935, 111 tenders received at the Federal Reserve Banks or branches thereof up to the losing hour will be opened and public announcement of the acceptable prices for iiach series will follow as soon as possible thereafter, probably on the following horning. The Secretary of the Treasury expressly reserves the right to reject any \ir all tenders or parts of tenders, and to allot less than the amount applied-for, (bid his action in any such respect shall be final* Any tender which does not [pecifically refer to a particular series will be subject to rejection* Those submitting tenders will be advised of the acceptance or rejection thereof* Payment lit the price offered for Treasury bills allotted must be made at the.Federal Reserve jlanks in cash or other immediately available funds on March 20, 1935« The Treasury bills will be exempt, as to principal and interest, and any gain [rom the sale or other disposition thereof will also be exempt, from all taxation, Ixcept estate and inheritance taxes. No loss from the sale or other disposition if the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any if its possessions* Treasury Department Circular No* 418, as amended, and this notice prescribe [he terms of the Treasury bills and govern the conditions of their issue. Copies If the circular may be obtained from any Federal Reserve Bank or branch thereof« . TREASURY DEPART MEUT Washington MEMORANDUM POR THE PRESS March 18, 1935« RECEIPTS OP SILVER BY.THE MIUTS AMD ASSAY QPPICES: (Under Executive Proclamation of Dec ember 21, 1933) Week ended March 15, 1935: Philadelphia................ . San P r a n c i s c o ......... . Denver.......... .................. Total for week ended March 15, 1935.. Total receipts through March 15, 1935 877,944.53 fine ounces 672,846.97 1 8 ■5,193.00 I « 1,555,984.50 11 I 30,525,000.00 " " SILVER TRANSFERRED TO UNITED STAT_E_S^ (Under Executive Proclamation of August 9, 1934) Week ended March 15, 1935: Philadelphia ....................... Hew York. .... . San Prancisco........ ... Denver. .......... . Hew Orleans................ . Seattle............................ Total for week ended March 15, 1935.. Total receipts through March 15, 1935 3,299.00 fine ounces 15.179.00 " I 657.00 414.00 395.00 19.944.00 112,526,555,00 I I " " 11 H I I Ì w RECEIPTS OP GOLD BY THE MIHTS A HD ASSAY ÜPPIGES: Hew Domestic $ ----- . Week ended March 15, 1935: Imports, Secondary Philadelphia. .................. $ 5,462,94 $327,538,58 Hew Y o r k .................... 2,051,000,00 139,000,00 San Prancisco 30,948,00 99,538,13 Denver.... ............... 40,379,00 32,098,00 Hew Orleans..................• 368,70 48,912,48 Seattle....................... *-* •-* 17^.14^ 6,56^ Total for week ended Mar.l5,1935$2,128,158,64 $664,233,55 970,494,95 593,600,00 28,52 176.452.10 $1,740,575.57 COLD RECEIVED BY FEDERAL RESERVE BAUKS AHD THE TREASURER1S OPPICE: (Under Secretary’s Order of December 28, 1933) Received by Federal Reserve Banks: Gold Coin Week ended March 13, 1935..........$ 49,054,56 Received previously. ••••.••••••••• 29,996,878^,25 Total to March 13, 1935....... .... $30,045,932.81 Received by Treasurer’s Office: Wreek ended March 13, 1935..........$ Received previously. Total to March 13, 1935...... .....$ HOTE: 4 0 0 .0 0 260j_206 «00 2 6 0 ,6 0 6 Ï0 0 Gold bars deposited with the Hew York Assay Office to the amount of $200,572.69 previously reported. G-old Certificates $ 735,690.00 85,973.670.00 $86,709,360.00 $ 17,900,00 2.042,600.00 $^2,060,500.00 FOR REXEASE,MORNING PAPERS, Friday, March 22, 1935* pr. ea. sdry department STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for two series of Treasury Bills to the aggregate amount of $100,000,000, or thereal?outs» One series will he 182-day hills and the other series will he 272-day hills* series-will he sold on a discount basis to the highest bidders. Both Tenders will'he received at the Federal Reserve Banks, or the branches thereof, up to two o*clock p.m», Eastern Standard time, on Monday, March 25, 1935. Tenders will not he received! at the Treasury Department, Washington» The Treasury hills will, as stated, he issued in two series, $50,000,000, or thereabouts, maturing on September 25, 1935, and $50,000,000, or thereabouts, maturing on December 24, 1935; both series to he dated March 27, 1935» Bidders, will he required to specify the particular series for which each tender is made» The face amount of the hills of each series will he payable without interest on their respective maturity dates» The hills will he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value)» It is urged that tenders he made on the printed forms and forwarded in the special envelopes which will he supplied by the Federal Reserve Banks or branches upon application therefor» No tender for an amount less than $1,000 will he considered» must he in multiples of $1,000» Each tendon The price offered must be expressed on the basis of 100,.with not more than three decimal places, e»g», 99»125» Fractions must not he used» Tenders will he accepted without cash deposit from incorporated hanks aid trust companies and from responsible and recognized dealers in investment securi ties» Tenders from others must he accompanied by a deposit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied by - 2- an express guaranty of payment "by an incorporated tank or trust company* Immediately after the closing hour for receipt of tenders on March 25, 1935, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will he opened and public announcement of the acceptable prices for each series will follow as soon as possible thereafter, probably on the follow ing morning* The Secretary of the Treasury expressly reserves the right to re ject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Any tender which does not specifically refer to a particular series will be subject to rejection* Those submitting tenders will be advised of the acceptance or rejection tnereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on March 27, 1935* The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. Bo loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwhe recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions* Treasury Department Circular Uo* 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue* Copies pf the circular may be obtained from any Federal Reserve Bank or branch thereof TREASURY DEPARTMENT Washington MEMORANDUM EOR THE PRESS March 25, 1935. RETAIL LIQUOR DEALER INSPECTIONS, CHICAGO Eight Weeks Period Ended March 23. Total number of inspections ........................................ . 17,290 Eederal violations found ............................................ 2,352 Amount collected in taxes, penalties, and offers in compromise for Eederal violations ............................. $ 27,683,37 C1assification of Eederal violations: Failure to pay special tax ...... ....... *....................... Failure to post special tax stamp ............................... Unstamped "bottles .......................................... Undestroyed beer stamps ............. Unattached, strip stamps .......................................... Failure to destroy empty liquor bottles ......... ............... Un-tax paid liquor found ........................................ Refilled bottles ............. Rectifier ................... .......... | .......................... Apparent un-tax paid wine .. .................................... . • '95 184 784 891 149 52 14 83 H *<j£s \ TREASURY DEPARTMENT Washington March 25, 1935. MEMORANDUM FOE THE FEES S RECEIPTS OF SILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) Week ended March 22, 1935: Philadelphia......... ............................. .. 300,240.06 fine ounces 250,062;21 " 11 San Francisco ............ ......... ............... . . •4,152;00 " " Denver .................... ............... • , 5 5 4 ,4 5 4 .2 7 " 11 Total for week ended March 22, 1935 ............. 3 1 ,0 7 9 ,0 0 0 .0 0 I " Total receipts through March 22, 1935 ............ . SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended March 22, 1935.: PVii1 ad p 1 rVhi n ..... ........ W i» Ynhlr . .............. Pr*nmr>i nnn ............ D^nv^r ■ ■< , , tT ...... TVTp w Or*! P2 Tic . . ........ . .* * .« t.+.1 e .............. . Total for week ended March 22, 1935 Total receipts through March 2 2, 19 35 ............ 2,559.00 fine ounces it it 32,472Ì00 it it 17,615^00 ti it 1,161.00 ti ii 481*00 ti ti 534.00 it ii .54,822.00 ii ii 112,581,377.00 RECEIPTS OF GOLD BY THE MINTS AND A SSAY OFFICES: Imports Week ended March 22, 1935: ____ $ Philadelphia .•............. 2,595,400^00 New York ................... 255,766.70 flan Franei sen .............. 55,066! 00 Denver .............. ....... 18,858;37 Ne^* Orl ean s ................ Seattle .... ......... ...... Total for week ended. March 22, 1935 $ 2,925,091.07 Secondary $189,139.81 207'600i00 80,569.00 4 8 j361i00 56,509.71 22,786^48 $604,966.00 New Domestic $ 63.84 155,500,00 1,205,212’09 550,111100 3,213,33 153,333.14 $2,067,433.40 GOLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER'S OFFICE: (Under Secretary's Order of December 28, 1933) Received by Federal Reserve Banks Week ended March 20, 1935 Received previously ...... Total to March 20, 1935 .. Received by Treasurer's Office Week ended March 20, 1935 Received previously ..... Total to March 20, 1935 .. NOTE: Gold Coin__ 25,699,02 30.045,932¿81 $30,071,631.83 5 $ Gold Certificates $ 446,330.00 _ 86,709,360^00 $ ”87,155,690.00 ---- :260,606.00 260,606.00 Gold bars deposited with the New York Assay Office to the amount of $200,572.69 previously reported. 7,000.U0 2,060,500Ì00 2,067,500.00 TREASURY DEPARTMENT Wa,s Mngton MEMORANDA FOR THE PRESS 'March 25, 1935. RETAIL LIQUOR DEALER INSPECTIONS, NEW YORK CITY Seven Weeks Period Ended March 25 Total number of inspections ...................................... 11,595 Federal violations found ................................ ........ xyoo^ Amount collected: Taxes and penalties ..................... ....................... Offers in compromise ..................... *..... .......... . $ 25,456.02 $ 22,998.75 Classification of Federal violations: Failure to pay special tax .................................... . Failure to post special tax stamp ............................. Refilled b o t t l e s ........ ...................................... Unstamped bottles ......... ....... ............ *........ ...... Unattached strip stamps ............................. .......... Unattached beer, stamps ................................... . »' Failure to destrov attached beer stamps ....................... Un-tax paid alcohol ...................................'........ Failure to destroy empty liquor bottles..... .................. Beer barrel with no beer stamp attached ....................... Un-tax paid wine ............................................... Action taken by police department (through Thursday, March 21, only): Number of a r r e s t s .......... ..................... •....... Number of cases referred to New York State Liquor Authority *.. Violations corrected by Inspection Unit .................. 1,036 15° o73 1S B 114 4 12 ■p 173 623 2,511 EOR RELEASE, MORNING PAPERS, Friday, March 23, 1935* TREASURY DEPARTMENT STATEMENT BY SECRETARY MORGSNTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts* They will he 272-day hills; and will he sold on a discount basis to the highest bidders. Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o ’clock p.m., Eastern Standard time, on Monday, April 1, 1935. Tenders will not he received at the Treasury Department, Washington* The Treasury hills will he dated April 3, 1935, and will mature on December 31, 1935, and on the maturity date the face amount will he payable without interest They will he issued in hearer form only,- and in amounts or denominations of $1,000 $10,000, $100,000, $500,000, and $1,000,000 (maturity value)., It is urged that tenders he made on the printed forms and forwarded in the special envelopes which will he supplied by the Federal Reserve Banks or branches upon application therefor* No tender for an amount less than $1,000 will he considered. must he in multiples of $1,000* Each tender The price offered must be expressed on the basis of 100, with not more than three decimal inlaces, e.g*,, 99*125. Fractions must not he used* Tenders will he accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties* Tenders from others must he accompanied by a deposit of 10 per cent of the face amount of treasury hills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated hank or trust company* Immediately after the closing hour for receipt of tenders on April 1, 1935, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will "be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on April 3, 1935« The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes* Ho loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction., or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions# Treasury Department Circular No.^418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof RETAIL LldUOR DEALER INSPECTIONS« CHICAGO <\\'\* Nine' weeks Period Ended March 30. Total number of inspections* * • * • • • • • • • • * • • • * Federal violations found* • • . * * * * • • • • • • • • • • • ianount collected in taxes, penalties, and offers in compromise for Federal violations • ♦ • * • . • • • • * • • • • • * • • Classification of Federal violations: .......... Failure to pay special tax » » t « • • Failure to post special tax stamp... • • • • • • *.*.* • *.*.• Unstamped Lotties . . . . * . • • • ♦ ♦ • • • • •*•••••» Undestroyed "beer stamps Unattached strip stampsi. . • • * • • • • • • • • • • • • • * Failure to destroy empty liquor Lotties • • • • • • • • • • • Un-tax paid liquor found . . • • • * • * * * • * • • ¥ • • • • Refilled Lotties • • • • * • • • • • • • • • • • • • • • • • * Rectifier. Apparent untax paid wine Breaking seal detained packages . • • • • • • • * « « • • • • 19,526 2,684 $34,431*13 904 209 892 329 155 53 15 83 15 28 2 TREASURY DEPARTMENT Washington jlEMORANDUM EOR THE PRESS: April 1, 1935, RETAIL LIQUOR DEADER INSPECTIONS,. NEW YORK CITY Eight 7/eeks Period Ended March 30» total number of inspections • 12,940 federal violations fuund • • • • . • • • • • • • • • • • • • • • 2,080 [mount collected: I Taxes and penalties • • • • • • « • • • • • • • • • « * • • • Offers in compromise • • • • « • • • • • • • • • • • » • • • $27,860*17 $25,810.35 ¡lassification of Federal violations: | Failure to pay special tax. I Failure to post special tax stamp | Refilled "bottles. j‘Unstamped "bottles | Unattached strip stamps Unattached "beer stamps. j Failure to destroy attached beer' stamps | Un<*tax paid alcohol Failure to destroy empty liquor bottles Beer barrel with no "beer stamp attached Un-tax paid wine. ........ . . . . . . . . . . . . . . . . . • • • • • * • • « • « . . . . . . . . . . . 1,140 169 77 223 153 167 120 6 4 17 4 [ction taken "by police department (through Thursday. March 2 8 . only). | Number of arrests. . . . . . . . . . . . . . . . . . . . . . Numoer of cases referred to New York State Liquor Authority. ¡Violations corrected by Inspection Unit. • • « • « • • • • . 193 715 2,892 ( a , a • • • • • • • • • • , , TREASURY DEPARTMEhT Washington April 1, 1935# MEMORANDUM FOR THE PRESS RECEIPTS OF SILVER BY THE MINTS AiTD ASSAY ÜPPIGES: (Under Executive Proclamation of December 21, 1933) Week ended March 29, 1935: Philadelphia..................................... 149,759.94 fine ounces it h San Francisco ............ 531,117.60 » it Denver........... ........... ......... .. *...... 14.678.00 ti it Total for week ended March 29, 1935............... 695,555.54 h tr Total receipts through March 29, 1935....... .....31,775,000.00 SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended March 29, 1935: Philadelphia..... ........... . hew York........ . San Erancisco............... ....... Denver ...... hew Orleans...... ................. Seattle............................. Total for week ended March 29, 1935.. Total receipts through March 29, 1935 1.494.00 fine ounces 3.715.00 923.00 662.00 384.00 ____ 437y00 7.615.00 112,588,992.00 RECEIPTS OF GOLD EY THE MIhTS AhD ASSAY OFFICES: Week ended March 29, 1935: Philadelphia..... . hew York .......... Sari Eranai sno . . .. , Denver............. hew Orleans Seattle............ Total for week ended March hew Secondary Imports Domestic $190,893.77 $ 63ç 84 .......... $ ----....... .... 6,287,600.00 383,700.00 162.700.00 .......... 153,162.56 83,492.51 505,365.59 44,320.00 36,440.00 587.897.00 44,785.09 ........... *398.40 186.56 29,120.54 46,672.89 29, 1935..$6,485,480.96 $768,431.91 $1, 302,885.88 GOLD RECEIVED BY FEDICRAL RESERVE BANKS AhD THE TREASURER’S OFFICE: (Under Secretary’s Order of December 28, 1933) Received "by Federal Reserve Banks: Gold Coin Week ended March 27, 1935..... ......$ 77,621.86 Received previously.................. j30,071j631.8_3 Total to March 27, 1935..............$30,149,253.69 Received "by Treasurer’s Office: Week ended March 27, 1 9 3 5 . _ Received previously..... ............ __ 260,606.00 Total to March 27, 1935..............j P '260,606.00 hOTE: Gold bars deposited with the hew York Assay Office to the amount of $200,572.69 previously reported. Gold Certificates $ 548,130.00 87.155,690.00 $87,703,820.00 $ 9,300.00 2,067,500.00 $ 2,076,800.00 POP RELEASE, MORNING PAPERS, Friday, April 5, 1935* TREASURY DEPARTMENT STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts« They will he 273— day hills; and will he sold on a discount basis to the highest bidders. Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o*clock p*m*, Eastern Standard time, on Monday, April 8, 1935« Tenders will not he received at the Treasury Department, Washington« The Treasury hills will he dated April 10, 1935, and will mature on January 8, 1936, and on the maturity date the face amount will he payable without interest* They will he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders he made on the printed forms and forwarded in the special envelopes which v/ill he supplied by the Federal Reserve Banks or branches upon application therefor* No tender for an amount less than $1,000 will he considered* must he in multiples of $1,000* Bach tender The price offered must he expressed on the basis of 100, with not more than three decimal places, e*g*, 99*125. Fractions must not he used* Tenders will he accepted without cash deposit from incorporated hanks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must he accompanied by a deposit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company* Immediately after the closing hour for receipt of tenders on April 8, 1935# all tenders received at the Federal Reserve Banks or tranches thereof up to thé closing hour will he opened and public announcement of the acceptable prices ‘ will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and. to allot less than the amount applied for, and his action in any such respect shall be final. advised of the acceptance or rejection thereof. Those submitting tenders will be Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on April 10, 1935# The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions# Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof# \SL^ TREASURY DEPARTMENT Washington MEMORANDUM EÜR THE PRESS April 8, 1935. RECEIPTS OP SILVER BY THE MINTS AND ASSAY OPEICES: (Under Executive Proclamation of December 21, 1933) Week ended April 5, 1935: P h i l adelphia............ ......... San Prancisco . . ................... Denver ............................ Total for week ended April 5, 1935 ... Total receipts through April 5, 1935 . 820,566.33 fine ounces 4,819.56 " " 10,812.00 ? 11 836,197.89 I " 32,611,000.00 n 11 SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended April 5, 1935: Philadelphia ................................... . New Y o r k ...... v..... ............................. San Prancisco ..................................... Denver ................... ........... ......... . New Orleans ...... ...... ....... .......... ........ Seattle ..................... ........... .......... Total for week ended April 5, 1935 ....... r........... Total receipts through April 5, 1935 ...... ......... 1,333.00 fine ounces 2,418.00 H 11 293.00 11 125.00 11 " 422.00 " . 572.00 11 5,163.00 1,5 112,594,155.00 H RECEIPTS OP GOLD SY THE MINTS AND ASSAY OPEICES: Week ended April 5, 1935: __________ Imports____ P h i l adelphia.............. $ 13,420.96 14,503,900.00 New York ....................... San Prancisco ..... 36,048.45 Denver •..... ........ *........ 52,141.00 New Orleans ................... 15,415.01 Seattle ........... ........... - - Total for week ended April 5, 1935 $14,620,925.42 Secondary $ 150,766.82 591,100.00 113,901.87 42,859.00 47,209.13 18,601.23 $ 964,438.05 New Dome stic $ 662.38 140.100.00 801,834.15 538.696.00 2,135.49 ___ 20,1,247.77 $1,684,675'. 79 GOLD RECEIVED SY FEDERAL RESERVE RANKS AND THE TREASURER *S GPPICE: (Under Secretary's Order uf December 28, 1933) Received by Federal Reserve Banks: _____ Gold Coin 33,012.15* * Week ended April 3, 1935 ..... $ 30^149,253.69 * Received previously ........... Total to April 3, 1935 ....... '$30,182,265.84 Received by Treasurer's Office: 700.00 Week ended April 3, 1935 ...... $ 260^606.00 Received previously ........... Total to April 3, 1935 ........ $~ " 261,306.00 ~ NOTE: Gold bars deposited with the New York Assay Office to the amount of $200,572.69 previously reported. Gold Certificates $ 516,620.00 _87j 703^20.00 $88,220,440.00 $ 11,700.00 2,076,800.00 $ 2,088,500.00 TREASURY DEPARTMENT Washington MEMORANDUM POR THE PRESS April 8, 1935 RETAIL LIQUOR DEALER INSPECTIONS. NEW YORK CITY. Nine Weeks Period Ended Aeri! 6. Total number of inspections 14,353 Federal violations found .. .. Amount collected: Taxes and penalties .... Offers in compromise .... . $ 30,957.30 . $ 29,280.02 Classification of Federal violations: Failure to pay special t a x ................................. # Failure to post special tax stamp .......................... . Refilled bottles ....... ........ ............ ............ . Unstamped bottles .... ;..... .......... .......... ........... Unattached strip stamps ......... ......................... Unattached beer stamps ........................... ......... . # Failure to destroy attached beer stamps ..................... Un-tax paid alcohol ......................... ........ ........ Failure to destroy empty liquor bottles ...................... Beer barrel with no beer stamp a t t a c h e d ..................... Un-tax paid wine .............,.................. .............. 2,302 q 263 *178 84 256 160 pgg 123 g 7 21 lg A£jJ-.Qn taken by police department (through Thursday. April 4, only): Number of arrests ............................................ 225 Number of cases referred to New York State Liquor Authority . 817 Violations corrected by Inspection Unit ........ . 3,247 TREASURY DEPARTMENT Washington MEMORANDUM POR THE PRESS April 8, 1935 RETAIL LIQUOR DEALER INSPECTIONS, CHICAGO. Ten Weeks Period Ended April 6. Total number of inspections ..................... ............... federal violations f o u n d ............................... ...... .• 20,989 2,904 Amount collected in taxes, penalties, and offers in com promise for federal violations .................... .......... .$38,978*14 Classification Q.f federal violations; failure to pay special tax .................................... failure to post special tax s t a m p ............ ............... Unstamped "bottles ......... ............. .............. ....... Undestroyed "beer stamps ................... ................... Unattached strip stamps ........... ........ ............. . failure to destroy empty liquor bottles ...................... Un-tax paid l i q u o r ..... ...... ........... ............... . Refilled bottles ......... ............. ...................... Rectifier ...... ............................... ............... . Apparent un-tax paid wine .......... ........... ............... breaking seal detailed packages ............................. .. Marks and Brands not removed from cases .............. . 981 223 969 350 161 54 15 93 20 34 3 2 TREASURY DEPARTMENT EOR RELEASE, MORNING PAPERS, Friday, April 12, 1935. STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for ^Treasury hills feu the amount of $50,000,000, or thereabouts. They will he 273-day thills; and will he sold on a discount basis to the highest bidders. Tenders will | he received at the Federal Reserve Banks, or the branches thereof, up to two o lclock p.m., Eastern Standard time, on Monday, April 15, 1935. Tenders will not he received at the Treasury Department, Washington. The Treasury hills will he dated April 17, 1935, and will mature on January |15, 1936, and on the maturity date the face amount will he payable without interests They will he issued m hearer form uniy, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, a n d .$1,000,000 (maturity value). It is urged that tenders be,made on the printed forms and forwarded in the lispecial envelopes which will he supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $l,000will he considered. pust he in multiples of $1,000. Each tender The price offered must he expressed on the basis of 100,.with not more than three decimal places, e.g., 99.125. Fractions must not he used. Tenders will he accepted without cash deposit from incorporated hanks and prust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must he accompanied by a deposit of 10 per cent of the face amount Ox Tieasury hills applied for, unless the tenders are accompanied by ph express guaranty of payment by an incorporated bank or trust company. — 2— Immediately after the closing hour for receipt of tenders on April 15, 1935 all tenders received at the Federal Reserve Banks or "branches thereof up to the |jlosing hour will "be opened and public announcement of the acceptable prices \w ill follow as soon as possible thereafter, probably on the following morning* The Secretary of the Treasury expressly reserves the right to reject any or all ;tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. advised of the acceptance or rejection thereof. Those submitting tenders will be Payment at the price offered for Treasury bills allotted must be made at the Federal.Reserve Banks in cash or other immediately available funds on April 17, 1935* The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt., from all taxation, jpccept estate and inheritance taxes. Ho loss from the sale or other disposition fef the Treasury bills shall be allov/ed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions* Treasury Department Circular Ho. 418, as amended, and this notice prescribe ■the terms of the Treasury bills and govern the conditions of their issue. Copiçs pf the circular may be obtained from any Federal Reserve Bank or branch thereof# TREASURY DEPART MEN Washington April 15, 1935, EMOEAKDiJM POR THE PRESS [SCRIPTS OE SILVER BY THE MIITTS A1ID ASSAY OF?ICES: (Under Executive Proclamation of December 21, 1933) eek ended April 12, 1935; Philadelphia...............,..................... 1,043,661*21 fine ounce: San P r a n c i s c o . . 387,602*79 7,417.00 Denver*................ ....................... , 1,438,681.00 otal for week ended April 12, 1935..... ,34,049,000.00 otal receipts through April 12, 1935, ILVER TRANSPEERED TO UNITED STATES: (Under Executive Proclamation of August 9,1934) eek ended April 12, 1935: Ph i l a d e l p h i a .............ihrcti» ■,. > New York*............... .......... . San Prancisco........... . Denver. ...**•....... *...... ....... New Orleans. Seattle* Potal for week ended April 12, 1935*• Fotal receipts through April 12, 1935 2,292*00 fine ounces 2,540.00 tt n 640.00 ” " 40.00 " " 680.00 " " . 563.00. tt n . 6,755.00 ,112,600,910.00 RECEIPTS OP GOLD BY THE MINTS AND ASSAY OPPICSS: New Domestic [mu or t s Sec ondary iieek ended April 12, 1935: 1«,068*48 $ 312,168*32 $ 2,677*00 Philadelphia.* *........ 377,700*00 60,000*00 New York........................... 35,990,300,00 77,943.54 2,061,480,90 San Prancisco........ ...... 27,888*88 46,566,00 534,749*00 Denver. .................. 79,717.00 76,127*06 1,549*86 New Orleans«........ ...... ...... . * 2,447.86 28« 365*08, 21.025,68 Total for week ended April 12, 1935..$36,110,422.22 $ 918,870.00 $2,681,432.44 rOLD RECEIVED BY PEDERAL RESERVE BANKS AND THE TREASURER1S OPPICE: (Under Secretary’s Order of December 28, 1933) Received by Pedcral Reserve Banks: Gold Coin . Week ended April 10, 1 9 3 5 . . . . . . . . . 2 6 , 8 2 9 , 1 7 Received previously.•••••••••••....• -30,182,265.84 ^ Total to April 10, 1935....... ..$30,209,095.01 Received by Treasurer’s Office:. Week ended April 10, 1 9 3 5 . • Received previously*•*•«.•.••*••••. Total to April 10, 1935....*...... NOTE: $ 000*00 261«306.00 $ 261,306.00 Gold Certificate: 654,700,00 88,220,440.00 $88,875,140.00 $ 4,400*00 ,088.500*00 $ 2,092,900.00 Gold bars deposited with the New York Assay Office to the amount of $200,572.69 previously reported. TREASURY EBPÂRTMENT Washington April 15, 1935« EliORÂhDUM FOR THE PRESS N.Y. Por the Pjeriod April 9^Appli 12 f Inclusive# Total number of inspect ions •. ......... ................. . • 158 Federal violations found .............. 19 «.... ............... . .............. $286*88 $ 91*68 Classification of Federà.1 violations: Failure to pay special tax Failure to post special tax stamp.......... *........ . Undestroyed wine stamps Refilled bottles....... .............. *..... ............ Untax—paid liquor .................. .......... . Undestroyed beer stamps*. .............. . O) H M H O) M Amount collected;. Taxes and penalties* Offers in compromise it il.'AOlj R i Di.'jJr'iti S . T Ï W ashington J j'L : 0 5 A j JR ■ , l’l'XJL iRlfiO Apr LJL’ lO , -1.956 . iiL T n lL» .lA R I oR L/£ii-.tJbLRv InbiixCl.' LURb , RliiAiDLiRIil-t.. F o r th e P e r io d . A p r il 5 - A p r il 1 9 , I n c lu s iv e » [T otal number o f in s p e c t io n s F e d e r a l v io lis t io n s found . . ■156 ¡Amount c o l l e c t e d : H T axes ,arici p e n a l t i e s .... R O i 'f e r s in c ompr omi s e ; . t 1 ,3 4 0 .5 6 1 , 4 1 5 .0 0 piassi! ...cation of Federal violations ; I Failure to paj special, tax ........ »........ .... ......... i failure to post spec ini tux .............................. I Unattached 'strip stomps ..... .... ..... .... ............ . |iUndestroyed beer stamps .............. ......... ..... ..... . i|} Ref illed bottles .................. .......... ............ I-Referred to Enforcement ............... .............. . Referred to. Permise ive .... ............... .......... . \ m 3*0 57 11 05 4 4 5 TREASURY DEPARTMENT Washington memorandum for April is, 1 9 3 5 * tub pre s s RSTAI1 LIQUOR DEALER INSPECTions, NEW YORK CITY Ten Weeks Period Ended April 13« Total number of i n s p e c t i o n s , ........ . Pederal violations found,,..,......... ............. ........... 15,707 2,482 Amount collected; Taxes and p e n a l t i e s , ...... •* $33,351*81 Offers in compromise...,,........ ............ $31,830*02 Glassification of Pederal violations: Failure to pay special tax................................. . Failure to post special tax s t a m p .... ................. . Refilled bottles ........................................... Unstamped bottles ............. .............................. . Unattached stripstamps............... Unattached beer stamps ...... ....... ......................... Pailure to destroy attached beer stamps...... ........... . Un tax-paid alcohol ......................... . ....... . Pailure to destroy empty liquor bottles.................. Beer barrel with no beer stamp attached.................... . • Untax— paid wine.... ........................................... Action taken by police department (through Thursday, April 11» only): Number of arrests ......... ........ ,..••••••••♦...... ........ . Number of cases referred to New York State Liquor Authority*• Violations corrected by Inspection U nit...... ............... 1,367 186 89 1^1 125 < 10 I8 259 3,571 TREASURY D E P A RT!«? Washington ¡¡üEMOEANDTJM EOR THE PRESS April 15, 1935« RETAIL LIQUOR DEALER INSPECTIONS. CHICAGO Eleven Weeks Period Ended April 13. 23,461 fetal number of inspections 3,215 federal violations found ........................ . jjkount collected in taxes, penalties, and offers in compromise for Eederal violations ............. ............................ ,$45,406.14 glassification of Eederal violations: | Eailure to pay special tax,.,..........#.... .................. . I Eailure to post special tax stamp, ..... ................. Unstamped "bottles......... ....... ............ . i Undestroyed beer stamps........................ ............ . [ Unattached strip stamps ................ . Eailure to destroy empty liquor bottles......................... I Untax—paid liquor................... ...... ........ . Refilled bottles.......................... ...... ........ ....... . Rectifier....... .............. ................ ............ ...... I Apparent untax— paid wine ..................................... . Breaking seal detained packages........ ........ .................. I ¡Marks and brands not removed from c a s e s 1,075 .236 1,086 397 159 54 15 105 29 42 2 5 POR RELEASE, MORNING- PAPERS, Priday, April 19, 1935# ¡TREASURY DEPARTMENT STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for ¡Treasury Dills to the amount of $50,000,000, or thereabouts# They will he 273-day "bills; and will he sold on a discount basis to the highest bidders. Tenders will 'be received at the Pederal Reserve Banks, or the branches thereof, up to two o lclock p.m., Eastern Standard time, on Monday, April 22, 1935# Tenders v/ill not be received at the Treasury Department, Washington# The Treasury bills v/ill be dated April 24, 1935, and v/ill mature on January 22, 1936, and on the maturity date the face amount v/ill be payable without interest# They will be issued in bearer form only, and in amounts or denomina tions of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Pederal Reserve Banks or branches upon application therefor# No tender for an amount less than $1,000 v/ill be considered* must be in multiples of $1,000# Each tender The price offered must bo expressed on the basis of 100, with not more than three decimal places, e#g#, 99*125* Fractions must not be used# Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securities# Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accom panied by an express guaranty of payment by an incorporated bank or trust company# Immediately after the closing hour for receipt of tenders on April 22, 1935, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour' will ho opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning* The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less then the amount applied for, and his action in any such respect shall be final* Those submitting tenders will be advised of the acceptance or rejection thereof* Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on April 24, 1935# The Treasury bills will be exempt, as to principal and interest, and any I gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes* Bo loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or other wise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its' possessions# Treasury Department Circular Be* 418, as amended,and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue# Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof# TREASURY DEPARTMENT Washington KSMORAIFDUM FOR TES PRESS April 22, 1935. RETAIL LIQUOR DEALER INSPECTIONS, CHICAGO Twelve Weeks Period Ended April 20. Total number of inspections: Eirst visits. • Second v is i ts , « • • • • • . . » • • • • • • • • • • • • « • . « T o t a l .......... ........................... Federal violations found: Eirst visits. Second visits • . . • • • • • • • • . . Total • • • • • • • • • . , . . • . • . • . Amount collected in taxes, penalties, and offers in compromise for Federal violations First visits Second visits, Total.................... $49,595.44 1,181.39 $50,776.83 Second visits: Failure to pay special tax Failure to post special tax stamp Unstamped "bottles ...................................... . . . » Undestroyed "beer stamps Unattached strip stamps Failure to destroy empty liquor "bottles • • • * . , « . « . • * Untaxpaid liquor . . . . . .......... Refilled "bottles • Rectifier............... .. Apparent untaxpaid wine "Marks and "brands not removed from cases» « . » • • • • • • . . . « Second visits were started on April 16 3,446 77 3,523 . Classification of Federal violations: . . First visits: Failure to pay special tax. . • • • • • • . • • • • . . « » « Failure to post special tax stamp • • • • « • • • • . . . . . . . Unstamped "bottles......... . . . . . . . • • « • • ♦ . * • * Undestroyed "beer stamps Unattached strip stamps, • • • • • • • • . . . « . « , . • • • Failure to destroy empty liquor "bottles. • • • • • • • . . * . Un~taxpaid liquor. • • • • • • • • • • . . . . • . « • • « • * Refilled "bottles Rectifier. Apparent untaxpaid wine Marks and "brands not removed from cases LOTS: 24,100 636 24,736 1,147 256 1,160 427 173 54 IS 1*7 31 34 6 6 38 12 1 0 3 1 6 TREASURY DEPARTMENT Washington MEMORANDUM EOR THE PRESS April 22, 1935. RETAI1 LIQ.UOR DEALER INSPECTIONS^ MILWAUKEE for the Period April 9~April 18, Inclusive. Total n M b e r of inspections 719 federal violations found Amount collected in taxes, penalties, and offers in compromise for federal violations. 65 • ... • * • Co CD cn glassification -of federal violations: failure to pay special tax . • • • • failure to post special tax stamp, , Unstamped bottles, . ............. .. Undestroyed "beer stamps, Unattached strip stamps, , , , , , • , « . . « . • . . Refilled bottles Apparent untaxpaid wine , . . • • • • • . • Marks and brands no t removed from package Moonshine whiskey. 9 • • Reusing red strip stamp, . . • • 9 • • $2,553.17 58 2 • « l i t 1 TREASURY DEPARTMENT Washington jSMORANDUM EOR THE PRESS April 22, 1935. RETAIL LIQUOR DEALER INSPECTIONS. BUFFALO’ N.Y. Por the Period April 9**April 19, Inclusive' total number of inspections« • 355 federal violations found • Imount collected; !' Taxes and penalties • : Offers in compromise Uassification of Federal violations: | Failure to pay special tax : Failure to post special tax stamp. Unstamped Lotties. • | Undestroyed Leer stamps. Undestroyed wine stamps. • Refilled Lotties. ■ Untaxpaid licjuor I Beer Larrel with no stamp attached. 60 ........... . . . . . . . $227.67 740.20 10 15 1 17 7 4 2 4 TREASURY DEPARTMENT Washington RETAIL LIQUOR DEALER INSPECTIONS. PHILADELPHIA E or the Period April 3->April 19, Inclusive Total number of inspections, 1 592 Federal violations found Amount collected: Taxes and penalties Offers in compromise 272 ................... • • • • • • • > $3,011*53 $2,930,00 Classification of Federal violations: Eailure to pay special tax Eailure to post special tax stamp, Unattached strip stamps Undestroyed "beer stamps Refilled "bottles, Referred to Enforcement Referred to Permissive Note: The last two items are not included in the totals of violations. 142 56 20 45 9 6 3 'TREASURY DEPARTMENT Washington RETAIL LIQUOR DEALER INSPECTIONS, NET7 YORK CITY Eleven Weeks Period Ended April 20» _ _ Total number of inspections • 16,751 federal violations found 2,628 Amount collected; Taxes and penalties, $35,158*33 Offers in compromise • • • • * • • • * • • « * * * • • • • • $33,960*52 glassification of Pedera.l violations? failure to pay special tax , , ... • , • » * . » • * • * « • • .• .• failure to post special tax stamp, . • • • • « • • * . • • • * • Refilled bottles, Unstamped bottles Unattached strip stamps Unattached beer stamps failure to destroy attached beer stamps Untaxpaid alconol, , , , , ., , , , , * , * • • • • • • • • • * failure to destroy empty liquor bottles, Leer barrel v;ith no beer stamp attached, , , • • • • • • • • * ;■ Untaxpaid wine, Action taken by police department (through Wednesday, 'Apri 1 17, only)"; Number of arrests, Humber of cases referred to Hew York State Liquor Authority, , , Violations corrected by Inspection Unit, 1,454 3.92 23 293 3.80 235 3-26 26 22 280 1,000 3,886 TREASURY DEPARTMENT Washington MEMORANDUM EOR THE PRESS April 22, 1935« RECEIPTS OP SILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) Week ended April 19, 1935: Philadelphia*...... ••«.••*•••••••.< San Francisco*............ . Denver*................. ...... . Total for week ended April 19, 1935*., Total receipts through April 19, 1935» 149,983*67 fine ounces 346,934*13 ” n 5*340*00 # I 502,257.80 34,552,000.00 SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended April 19, 1935: 1,212*00 fine ounces Philadelphia*............. . 2,910 *.00 New York........................................ . 63,300.00 San Francisco*............................... .*.* 506.00 Denver ............... ................ *......... 405.00 [ New Orleans *...*...... ......................... 438.00 Seat tie .....a..«««.. botal for week ended April 19, 1935*........ ....* 68,771*00 (Total receipts through April 19, 1935*...... . 112,669,681.00 RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: New Domestic peek ended April 19, 1935: _______ ______ | Philadelphia....................... $ 6 ,9 2 9 .3 7 $ 214,287.34 $ 148.44 New Y o r k ..............'............ 53,543,800.00 374,700.00 29,400.00 : San Francisco ..................... 131,088.39 1,061,873*07 123,892.11 Denver. .... . 59,825.00 33,637.00 573f871.00 I New Orleans. * 318.14 47,600.24 728.86 I Seattle............................ .. ___ 25^247.66 229.792*48 Total for week ended April 19, 1935*.$53,741,960.90 $1,757,345.31 $957,832.89 |0LD RECEIVED BY FEDERAL RESERVE BANKS AND THE 'TREASURER1S OFFICE: (Under Secretary*s Order of December 28, 1933) Received by Federal Reserve Bahfe: I Week ended April 17, 1935* | Received previously....... I Total to April 17, 1935... Received by Treasurer’s Office: I Week onded April 17, 1935..' I Received previously*....... I Total to April 17, 1935.... KfOTE: Gold Coin ,$ 29,399.34 - 30*209*095.01 $30,238,494*35 iOO.OO 261.306.00 261,506*00 Gold bars deposited with the New York Assay Office to the amount of $200,572.69 previously reported. Gold Certificates 444,480.00 88,875*140*00 $89,319,620.00 $ $ 10,700*00 2.092*900.00 $2,103,600.00 FOR RELEASE MORNING- NEWSPAPERS« MONDAY. APRIL 22, 1955, REDEMPTION OF FIRST LIBERTY LOAN BONDS 1935 Department Circular No« 535 TREASURY DEPARTMENT, Office of the Secretary, Washington, April 22, 1935 1 Public Debt Service jTo Holders of First Liberty Loan Bonds of 1932—47« and Others Concerned! EC. NOTICE OF CALL FOR REDEMPTION BEFORE MATURITY On March 14, 1935, the following public notice of call for redemption was igiven: To Holders of First Liberty Loan Bonds of 1932-47. and Others Concerned* Public notice is hereby givens 1. All outstanding First Liberty Loan bonds of 1932-47 are hereby called for redemption on June 15, 1935. The various issues of First Liberty Loan bonds (all of \vhich are included in this call) are as follows* First Liberty Loan 3-1/2 percent bonds of 1932-47 (First 3-1/2*3), dated June 15, 1917; First Liberty Loan Converted 4 percent bonds of 1932—47 (First 4*s), dated November 15, 1917; First Liberty Loan Converted 4-1/4 percent bonds of 1932-47 (First 4-1/4*s), dated May 9, 1918; and First Liberty Loan Second Converted 4— 1/4 percent bonds of 1932-47 (First-Second 4— l/4*s), dated October 24, 1918. 2. Interest on all such outstanding First Liberty Loan bonds will cease on said redemption date, June 15, 1935. 3. Full information regarding the presentation and surrender of First Liberty Loan bonds for redemption under this call will be given in a Treasury Department circular to be issued later. 4. Holders of First Liberty Loan bonds now called for redemption on June 15, 1935, may, in advance of that date, be offered the privilege of exchanging all or any part of their called bonds for other interest-bearing obligations of the United States, in which event public notice will hereafter be given. Treasury Department, Washington, March 14, 1935* HENRY MORGENTHAU, JR., Secretary of the Treasury. II. OPTIONAL EXCHANGE OFFERING; 1« Holders of Eirst Liberty Loan bonds, called for redemption on June 15, [1935, arc offered the privilege, for a limited period beginning April 22, 1935, [of exchanging all or any part of their called bonds, either a ) for 2-7/8 (percent Treasury Bonds of 1955-60, or (2) for 5— year 1— 5/8 percent Treasury Notes ¡of Series A— 1940, both bonds and notes being dated and bearing interest from March ¡15, 1935. 2. Full information concerning the optional exchange offering of Treasury [bonds is set forth in Treasury Department Circular No. 536, and full information ¡concerning the optional exchange offering of Treasury notes is set forth in I¡Treasury Department Circular No. 537, both circulars being dated April 22, 1935. I¡As the privilege of exchanging Eirst Liberty Loan bonds will be accorded for a [limited period only and may be terminated at any time without notice, holders (of Eirst Liberty Loan bonds who desire to take advantage of either offering i|should act promptly, following the instructions given in the Treasury Department ¡circulars referred to above, copies of which may be obtained from any Federal [Reserve bank or branch, or from the Treasury Department, Washington, D.C. III. RULES AND REGULATIONS GOVERNING REDEMPTION OE EIRST LIBERTY LOAN BONDS Pursuant to the call for redemption, as set forth in Section I of this cir cular, the following rules and regulations are hereby prescribed to govern the presentation and surrender of Eirst Liberty Loan bonds for redemption on June 15, [1935! 1* Payment of called bonds on June 15. 1935. — Holders of any outstanding [First Liberty Loan bonds will be entitled to have such bonds redeemed and paid at par on June 15, 1935, with interest in full to that date. After June 15, 1935 [interest will not accrue on any Eirst Liberty Loan bonds. 2. Presentation and surrender of coupon bonds. — Eirst Liberty Loan bonds [in coupon form should be presented and surrendered to any Federal Reserve bank or branch, or to the Treasurer of the United States, Washington, D.C., for rejdemption on Juno 15, 1935. The bonds must be delivered at the expense and risk iof holders (see par. 8 of this section) and should be accompanied by appropriate [written advice (see Form P.D. 1435 attached hereto). Checks in payment of ¡principal will be mailed to the address given in the form of advice accompanying [the bonds surrendered. 3. Coupons dated June 15, 1935, which become payable on that date, should [be detached from any Eirst Liberty Loan bonds before such bonds are presented for [redemption on June 15, 1935, and such coupons should be collected in regular [course when due. All coupons pertaining to such bonds bearing dates subsequent [to June 15, 1935, must be attached to any such bonds when presented for redempion, provided, however. if any such coupons are missing from bonds so presented [for redemption the b-.nds nevertheless will be redeemed, but the full face amount (of any such missing coupons will be deducted from the payment to be made on acIcount of such redemption, and any amounts so deducted will be held in the Treasury •«ip to provide for adjustments or refunds on account of such missing coupons as may subsequently be presented. 1 ; purrender of registered bonds» — First Liberty Loan IP^ds in registered form must "be assigned by the registered pa.yees or assigns [thereof, or by their duly constituted representatives, in accordance with the general regulations of the Treasury Department governing assignments, in the term indicated in the next paragraph hereof, and thereafter should be presented Kid surrendered to any Federal Reserve bank or branch, or to the Division of Ijoans and Currency, Treasury Department, Washington, D.C., for redemption on jjune 15, 1935. The bonds must be delivered.at the expense and risk of holders |pGG par. 8 of this section) and should be accompanied by appropriate written ¡advice (see Form P.D. 1436 attached hereto).. In all cases checks in payment of principal and final interest due will be mailed to the address given in the form bf advice accompanying the bonds surrendered. L ^ registered payee, or an assignee holding under proper assignment B om jj|l| registered payee, desires that payment of the principal and final in— i|pa^ mcnk interest be made to him, the bonds should be assigned by such °r ass^ nGet 0r hy a duly constituted representative, to "The Secretary i[| the Treasury for redemption". If it is desired, for any reason, that payment rG riade to some otner person, without intermediate assignment, the bonds should Rs? ass^ nGc^ Secretary of the Treasury for redemption for the account . — * ---------------- , H , inserting the name and address of the person ilo whom payment is to be made. A representative or fiduciary should not assign tfor payment to himself individually, unless expressly authorized to do so by ! ■ instrument under which he is acting; he may, however, assign for payment to himself in, his .representative or fiduciary capacity. o. Assignment in blank or other assignment having similar effect, will be jipcognizod, but in that event payment will be made to the person surrendering jibe bond for redemption, since under such assignment the bond becomes in effect Blyablo to bearer. Assignments in blank or assignments having similar effect |||.Quld be avoided, if possible, in order not to lose the protection afforded by registration. | 7. Final interest due on June 15, 1935, on registered bonds of the First m b e r t y Loan will be paid With the principal in accordance with the assignments ■r 'b^ds surrendered. Transfers and exchanges involving registered bonds Hp.1 be permitted up to the close of business on May 31. 1935. but not after that date. TganspGutation of bonds. ** Bonds presented for redemption under this Circular must be delivered to a Federal Reserve bank or branch, or to the Keasury Department, Washington, D.C., at the expense and risk of the holder, poupon bonds should be forwarded by registered mail insured, or by express ,1 First 4*s, First 4— l/4*s, and First*-*Second 4— l/4*s were originally issued B temporary form. The final coupon attached-to such temporary bonds became due if December 15, 1919, June 15, 1920, and December 15, 1920, respectively. The lolders of any such temporary bonds will receive all past due interest to June | l5, 19(55, when such bonds are redeemed pursuant to the call. Any coupons now Ittached to such temporary bonds should be detached and collected in regular course. prepaid* Registered "bonds tearing restricted assignments may be forwarded by egistered mail, but registered bonds bearing unrestricted assignments should e forwarded by registered mail insured or by express. Facilities for transp ortation of bonds by registered mail insured may be arranged between incorp orated banks and trust companies and the Federal Reserve banks, and holders pay take advantage of such arrangements when available, utilizing such incor porated banks and trust companies as their agents» Incorporated banks and trustcompanies are not agents of the United States under this circular. :v. TIMS OF' PRESENTATION OF CALLED BONDS FOR REDEMPTION 1* In order to facilitate the redemption of First Liberty Loan bonds pn unc 15, 1935, any such bonds should bo presented and surrendered in the manner prein prescribed well in advance of that date, but not before May 15, 1935. luch early presentation by holders will assure prompt payment of principal when tuc# This.is particularly important with respect to registered bonds, for pay;Cnt cannot be made until registration shall have boon discharged at the Treasury department. 2. It will expedite redemption if the bonds are presented to lanks,.or branches, and not direct to the Treasury Department. ederal Reserve 3. As hereinbefore provided: (l) coupons due June 15, 1935, should be letachcd from any permanent coupon bonds when such bonds are presented for rodemp— |ion on that date, such coupons to be collected when due; and (2) final interest |uc on any registered bonds will be paid with the principal amount. 4. IF FIRST LIBERTY LOAN BONDS CALLED FOR REDEMPTION ON JUNE 15, 1935, ARE fO BE PRESENTED FOR EXCHANGE FOR 2-7/8 PERCENT TREASURY BONDS OF 1955-60, INSTRUCT IONS GIVEN IN TREASURY DEPARTMENT CIRCULAR NO. 536 SHOULD BE FOLLOWED; IF TO BE pESSNTED FOR 1-5/8 PERCENT TREASURY NOTES OF SERIES A-1940, INSTRUCTIONS GIVEN IN TREASURY DEPARTMENT CIRCULAR NO. 537 SHOULD BE FOLLOWED; IF TO BE PRESENTED FOR REDEMPTION ON JUNE 15, INSTRUCTIONS GIVEN IN THIS CIRCULAR SHOULD BE FOLLOWED. j. GENERAL PROVISIONS 1. Any further information which may be desired regarding the redemption of first Liberty Loan bonds under this circular may be obtained from any Federal Re serve bank or branch, or from the Treasury Department, Washington, D.C., where ©pies of the Treasury Department^ regulations governing assignments also may be fbtainpd. 2. Ac fiscal agents of the United Stat<;es, w Federal ___ _____ are author*-* Reserve banks ;zed and requested to perform any necessary acts under this circular. The Secretary ■ the Treasury may at any time, or from time to time, prescribe supplemental or piendatory rules and regulations governing the matters covered by this circular, Inch will be communicated promptly to Federal Reserve banks. HENRY MORGENTHAU, JR., Secretary of the Treasury, — 5— ?0R COUPÜ1T BORDS (Por registered "bonds use Porm PD 1436) TREASURY DEPARTMENT Public Debt Service P o m PD 1435 Use separate f orm for each issue PORM OP ADVICE TO ACCOMPANY PIRST LIBERTY LOAN BONDS IN COUPON PORM PRESENTED POR REDEMPTION ON JUNE 15, 1935 [ To the Pederal Reserve Bank of ___________ ._ _ _ _ , or Treasurer of the United States, Washington, D >C »l Pursuant to the provisions of Treasury Department Circular No* 535, dated April 22, 1935, the undersigned presents and surrenders herewith for redemption on June 15, 1935, $ , _____ . face amount of Pirst Liberty Loan bonds in I coupon form, with coupon due December 15, 1935, and all subsequent coupons i. attached, as follows: Title of i s s u e : ________^ _ (Use short title - see note) Number of bonds Serial numbers of bonds $50 100 500 1,000 5,000 10,000 100,000 ------------------------------ ------- Pace amount J Denomination 1 1 I 1 1 I I I M 1 I I 1 1 ! I 1 1 I I 1 1 I I 1 1 1 I I I I I I 1 I ! I 1 I I I I N I ! I I 1 I I ! I I I I I ! I 1 I 1 I I I i! ! 1 Total $____________________ and requests that remittance covering.payment tlierefor be forwarded to the under-* signed at the address indicated below« Signature _________ Name (please print) Address in full ___ Date Note.: Pirst Pirst Pirst Pirst The titles of the four issues of Pirst Liberty Loan bonds follow: Short Title Title Pirst 3-jjr*s Liberty Loan 3 bonds of 1932-47 Pirst 4*s Liberty Loan Converted 4^ bonds of 1932-47 Pirst 4j-!s Liberty Loan Converted bonds of 1932-47 Pirst— Second 4|-*s Liberty Loan Second-Converted 4 hfo bonds of 1932-47 FOR REGISTERED BONDS (For coupon "bonds use Form PD 1435) |TREASURY DEPARTMENT [Public Debt Service IForm PD 1436 Use separate form for each issue [FORM OF ADVICE TO ACCOMPANY FIRST LIBERTY LOAN BONDS IN REGISTERED FORM PRESENTED FOR REDEMPTION ON JUNE 15, 1935 ‘To the Federal Reserve Bank o f ____________________________ , or Treasury Department, Division of Loans and Currency, Washington, D. C.: Pursuant to the provisions of Treasury Department Circular No. 535, dated April 22, 1935, the undersigned presents and surrenders herewith for redemption fon June 15, 1935, $_________________ , face amount of First Liberty Loan bonds in registered form, inscribed in the name of _________________________________________ _________ ______ __ and duly assigned to nThe Secretary of the Treasury for re[demptionM , as follows: Title of issue: (Use short title - see note) Number of bonds Denomination $50 100 500 1 ,0 0 0 5,000 1 0 ,0 0 0 50,000 1 0 0 ,0 0 0 — Total Serial numbers of bonds Face amount $_____________ — _____ _ — — — — in _ _ _ _ _■- r $ ___________ — —* — — — — _ and requests that remittance covering payment of principal and final interest be forwarded to the undersigned at the address indicated below. Signature _________ Name (please print) Address in full __ Date pTote: First tFirst First First The titles of the four issues of First Liberty Loan bonds follows: Title Short Title Liberty Loan 3 bonds of 1932-47 First 3-|* s Liberty Loan Converted 4$ bonds of 1932-47 First 4 !s Liberty Loan Converted 4-J^ bonds of 1932-47 First 4 ^ fs Liberty Loan Second-Converted 43$ bonds of1932-47 First-Second 4j*s BY TIE PRESIDENT OF THE UNITED STATES OF ¿¿ERICA Z.' A PROCLAMATION V/SEHL/iS, by Proclamation of the twenty-first day of December, 1933, as modified by Proclamations of tne ninth day of August, -*-934-, and tne tenta day of April, 1935, tne United States coinage mints are directed to receive for coinage and addition to tne monetary stocks of the United States silver mined subsequent to December 21, 1933, from naturel deposits in the United States or any place subject to tne jurisdiction thereof; and UilLRLAS, suen Proclamation as so modified is subject to revocation or further modification as the interest of the United States may seem to require. NOW, THEhEFÛBE, finding that the interests of the United States require further modification of said Proclama tion of tne twenty-firsa day of December, 1933» by virtue of the power in mo vested by the act of Congress cited in St-tio Procla.ualion, anc. other legislation designated for national recovery, and by virtue of all other authority in me vestedj X, ¿RnNKLIN D. ROOSEVELT, PKaSIDENi’ of the UNITED STATUS of AMERICA, do proclaim ana direct that with respect to all silver received by a United States coinage mint under the pro visions of the Proclamation of the twenty-first day of December, 1933, which such mint, subject to regulations prescribed hereunder by tne Secretary of the Treasury, is satisfied has been mined on or after April &4, 1935, from natural deposits in the United States or any place subject to the jurisdiction thereof, the deduction for seignio] ana services performed by the Government shall be 4.0 per cent and there shall be returned therefor in standard silver dollars, silver certificates, or any other coin or currency of the United States, the monetary value of the silver so received (that is, £1 *2 9 2 9 / a fine ounce), less such deduction of 4.0 per cent. Notice is hereby given that 1 reserve the right by virtue of the authority vested in me to revoke or modify this proclamation as the interest of the United States may seem to require. IN WITNESS WriERnOF I have hereunto set my hand ana caused the seal of the United States to be affixed. LONE at the City of Washington this 24th day of April, in the year of our Lord nineteen hundred and thirty-five, and of the Independence of the United States of America the one hundred and fifty-ninth. /Seal/ By the President: CORDELL HULL, Secretary of State. FRa NKLIN L. ROOSEVELT. TREASURY DEPARTMENT FOR RELEASE, MORNING PAPERS, Friday, April 26, 1935. STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273-day hills; and will he sold on a discount basis to the highest bidders. Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o ’clock p. m . , Eastern Standard time, on Monday, April 29, 1935. Tenders will not he received at the Treasury Department, Washington. The Treasury hills will he dated May 1, 1935, and will mature on January 29, 1936, and on the maturity date the face amount will he payable without interest. They will he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders he made on the printed forms and for warded in the special envelopes which will he supolied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will he considered. Each tender must he in multiples of $1,000. The price offered must he expressed on the basis of 100, with not more than three decimal places, e. g., 99.125. Fractions must not he used. Tenders will he accepted without cash deposit from incorpor ated hanks and trust companies and from responsible and recognized dealers in investment securities. Tenders from others must he accom panied by a deposit of 10 per cent of the face amount of Treasury hills - 2 - applied for, unless the tenders are accompanied by an express guaranty of payment "by an incorporated "bank or trust company. Immediately after the closing hour for receipt of tenders on April 29, 1935, all tenders received at the Federal Reserve Banks or hrancnes thereof up to the closing hour will "be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action m any such respect shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof. Pay ment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on May 1, 1935. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. Ho loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular Ho. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the con ditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. TREASURY DEPARTMENT Washington ¡MORANDUM POR THE PRESS April 29, 1935. RETAIL LIQUOR DEALER INSPECTIONS, NEW YORK CITY Twelve Weeks Period Ended April 2 7 . Total number of inspections: Eirst visits ............ Second visits ............ 17,899 89 Total .................. Federal violations found: First visits ......... Second v i s i t s ............. 17,988 2,805 3JL Total ................. Amount collected: Taxes and penalties: First visits .............................. $37,599,85 Second visits ..................... ....... . . ....50»-QQ Offers in compromise: First visits ............................... $36,575.52 Second visits ............................ ..... 145,00 Classification of Federal violations: First visits: Failure to pay special t a x ............... ...... ......... . Failure to post special tax stamp .............. .......... . Refilled bottles .............. Bottles with no strip stamps a t t a c h e d ..... ............ . Unattached strip stamps ................ ......... .......... . Unattached beer stamps ........................ .............. Failure to destroy attached beer stamps ........ ............ Untaxpaid alcohol ...... Failure to destroy empty liquor bottles ............... Beer barrel with no beer stamp attached Untaxpaid wine .......................... Second visits: Failure to pay special t a x ....... ................. . Failure to post special tax stamp ........................ ...» Refilled bottles ........... ......... .............. ........ k Bottles with no strip stamps attached ....................... Unattached strip stamps ................ ............... . Unattached beer stamps ............................... Failure to destroy attached beer stamps ............ ........ Untaxpaid alcohol ......................•?•••♦?••?•••••*••••! Failure to destroy empty liquor bottles ................... . Beer barrel with no beer stamp attached ................ . Untaxpaid wine .............. ............... . ............... Note: Second visits were started on April 23. 2,816 $37,649,85 $36,720,52 1,566 205 96 311 189 242 128 7 10 26 25 2 ® 9 3 1 0 Bétail Liquor Dealer Inspections, New York City, — Page 2, Action taken by -police departments (through Thursday, April 25, only)î Burnt)er of arrests ....................... . Number of cases referred to New York State Liquor A u t h o r i t y ....... ........................... ............... Violations corrected by Inspection Unit ......... ........... 304 1,103 4,323 TREASURY DEPARTMENT Washington ÜSMORAI'IDUM FOR THE PRESS April 29, 1935* RETAIL LIQUOR DEALER INSPECTIONS. PHILADELPHIA For the Period April 3~April 26. Inclusive ptal number of inspections • • . . • , . , . # •. •. • • • » « * « 2,191 IPederal violations found « • • • • • • • • • « • • • • • • • • • • 397 toount collected: Taxes and penalties. Offers in compromise • • • • • • • • • • • • • • • • • • • • $4,759*88 $4,175*00 glassification of Federal violations: Failure to pay special tax. •••••. Failure to post special tax stamp • • • • • • • * • • • • • • • Unattached strip stamps • • . . • • • • • • • • • • • • • • * • Undestroycd heer stamps • • • • • • • • • » • • • • • • • • * « Refilled "bottles Referred to Enforcement • • • • • • • • • • • • • • • • • • • • Referred to Permissive • * • • • • • • • • • • • • • • • • # • 222 75 24 61 15 10 6 TREASURY DEPARTMENT Washington jEMORAKDUM FOR THE PRESS April 29, 1935 RETAIL LIQUOR DEALER INSPECTIONS, 'MILWAUKEE For the Period April 9~April 25, Inclusive fotal number of insoections T t t # , 'ederal violations found- - . . , T t , T 1,114 302 mount collected in taxes, penalties, and offo 37S in compromise for Federal violations* • « • • ft • ft ft ft ft ft ft ft * $4,053*78 lassification of Federal violations: Failure to pay special tax • • • * > • • * . 39 |Failure to post special tax stamp, * * , • • * ft ft * 9 9 9 * 9 • * 9 45 ♦ 9 9 ft ♦ » ft ft , 17 I Undostroyed beer stamps* , 106 ;Unattached strip stamps. * 11 ;Failure to destroy empty liquor bottles* ft ft • ♦ * * 9 9 9 • ft * * • 0 1 Untaxoaid liquor found • • * * * « • • * • • • * * ft ft ft ft * * 9 9 * 2 Refilled bottles . - - • • - * * * * * * * 8 Rectifier. t o ;Apparent nntaxpaid wine* • • • • • • • • . 2 IMarks and brands not removed from casesp • 72 TREASURY DEPARTMENT Washington m O B A H D U M FOR THE PRESS April 29, 1935. RETAIL LIQUOR DEALER INSPECTIOHS« BUFFALO T,H.Y. For the Period April 9-April 2 6 f Inclusive potal number of inspections 608 pederal violations found 96 (Lmount collected: | Taxes and penalties. . . . . . . . . . . . . . . . . . . . . . . $372,51 Offers in compromise. $1,240*20 Classification of Federal violations: I Failure to pay special tax. . . .. . . .......... 1 Failure tb post tax stamp. | Unstamped bottles | Unattached strip stamps | Undestroyed beer stamps. [ Undestroyed wine stamps. • • • • • , « * * • , • • « . . • . • • • I Refilled bottles, I Uhtaxpaid liquor. , . .......... . . . . . . . . ........ .. | Beer barrel with no stamp attached, I Referred to Enforcement. ........... 18 19' 2 1 32 11 6 3 4 3 Action taken by police department (through Wednesday, April 24, only) I Humber of arrests, 4 Humber of cases referred to Hew York State Liquor Authority, . . . . 10 Violations corrected by Inspection Unit........ . . . . . . . . * • 3 8 TREASURY DEPARTMENT Washington MEMORANDUM ?UR THE PRESS April 29, 1935. RETAIL LIQUOR.DEALER INSPECTIONS.CHICAGO Thirteen Weeks Period Ended April 27« Total number of inspections: first visits, i • . * » * « * , , * * « , f * t t i r * t f » * • f Second Visits Total................... ........................... i federal violations found: first. visits • • • « , Second visits, . , , , Total , Amount collected in taxes, penalties, and offers in compromise for federal violations: first visits , . , , , ........ • Second visits, T o t a l ............... .. , , , ............... 3,545 181 3,726 $52,384.34 2,745.39 $55,129.73 Classification of Pederal violations: P irst visits: failure to pay special tax failure to post special tax stamp, , • • • • • • « • • « • Unstamped bottles Undestroyed beer stamps • Unattached strip stamps, , failure to destroy empty liquor bottles • • « « • • • • • Untaxpaid liquor found, Refilled bottles Rectifier , • • , • • • • • • • • • • • • • • • • • • • • Apparent untaxpaid wine, • ........ Marks and brands not removed from cases, Second visits,: failure to pay special tax, failure to post special tax stamp, Unstamped bottles, .................................. ............ . Undestroyed beer stamps,., Unattached strip stamps, « • • • • • .......... • .......... •• failure to destroy empty liquor bottles, • • « . , « • • • • • • • Untaxpaid liquor found. Refilled bottles ..................... Rectifier............ Apparent untaxpaid wine. Marks and brands not removed from c a s e s , . Note: Second visits were started on April 16# 24,331 1,758 26,089 1,186 262 1,184 434 178 54 16 122 35 59 14 14 11 78 33 4 2 0 10 0 7 22 io""} fr {/ TREASURY DEPARTMENT Washington JMORANDUM FOR THE PRESS: April 29, 1935« SCRIPTS OP SILVER BY THE MINTS AND ASSAY OFPICES: (Under Executive Proclamation of December 21, 1933) eek ended April 26, 1935: Philadelphia* San Francisco............................ ........ . Denver..... ........ .............. ............... otal for week ended April 26, 1935*............... Dtal receipts through April 26, 1935*............. 60,059.59 7.644*00 67,703.59 34,619,000.00 fine ounces M n ELVER TRANSFERRED TO UNITED STATES: R (Under Executive Proclaiiiation of August 9, 1934) Nik ended April 26, 1935: ;Philadelphia* ;New York ;San Francisco................................. ...» Denver................... ................. New Orleans................ ...... ............. . Seattle............... ........... .......... ...... Dtal for week ended April 26, 1935* ........ ....... Dta.l receipts through April 26, 1935*•...•••»••*• • 18.167.00 21.054.00 10.178.00 136.00 344t00 380.00 50,259.00 112,719,940.00 fine ounces it » SCRIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: New Domestic Secondary 3ek ended April 26, 1935: 5 466,66 Philadelphia*..... ............. . . . $ 8 , 9 8 0 , 9 3 $ 318,291,49 191.700.00 New York........ 26,652,700,00 348,600,00 1,012,072,55 San Francisco*..... .......... 6,572,50 88,634,64 543.988.00 Denver............................. 40,895.00 54,765,00 2 , 021,88 New Orleans........................ 16,497,15 38,316,51 211,492*08 Seattle.............. .............. - ----------- 28.950*17 otal for week ended April 26, 1935..$26,725,645.58 $ 877,557.81 $T,961,741.17 OLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER1S OFFICE: (Under Secretary^ Order of December 28, 1933) eceived by Federal Reserve Banks:______ Cold Coin Week ended April 24, 1935.......$ 21,793.84 Received previously.••••••••••.. 30.238.494*35 Total to April 24, 1935.........$30,260,288.19 eceived by T reasurer^ Office: Week ended April 24, 1935.•.....$ Received previously. Total to April 24, 1935.........$ OTE: 000,00 261.506.00 261.506.00 Gold Certificates $ 324,050,00 ~ 89T319,620.00 $89,643,670.00 $ 10 , 100.00 _ 2jA 03j|6p0.00_ $ 2,113,700.00 Gold bars deposited with the New York Assay Office to the amount of $200,572.69 previously reported. An error appeared in last week*s statement of gold receipts, consisting of a transposition of the figures in Secondary and New Domestic gold as received 2, It the San Francisco Mint# The corrected figures for the week ending April 22 ;rei GOLD Imports Philadelphia few York Ian Francisco )enver Few Orleans Seattle Totals New Domestic Secondary 6,929*37 53,543,800*00 123,892*11 59,825.00 318.14 $214,287.34 374,700,00 131,088,39 33,637,00 47,600.24 25,247,66 $ $53,734,764.62 $826,560.63 $1,895,813.85 $ 148,44 29,400*00 1,061,873,07 573,871,00 728.86 229.792,48 pREASURY DEPARTMENT PGR RELEASE, MORNING PAPERS, Friday, May 3, 1935» STATEMENT BY SECRETARY MORGENTHAU Tlie Secretary of the Treasury gives notice that tenders are invited for jtreasury hills to the amount of $50,000,000, or thereabouts* They will he 273-day Dills; and will he sold on a discount basis to the highest bidders# Tenders will De received at the federal Reserve Banks, or the branches thereof, up to two jjfclock p*m#f Eastern Standard time, on Monday, May 6, 1935# Tenders will not be received at the Treasury Department, Washington# The Treasury bills will be dated May 8, 1935, and will mature on February 5, 1936, and on the maturity date the face amount will be payable without interest# They will be issued in bearer form only, and in amounts or denominations of $1,000, BIO,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the ¡special envelopes which will be supplied by the federal Reserve Banks or branches w o n application therefor# No tender for an amount less than $1,000 will be considered* be in multiples of $1,000# Each tender must The price offered must be expressed on the basis of 100 with not more than three decimal places, o#g#, 99#125# fractions must not be used# Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognised dealers in investment securi ties# Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company# Immediately after the closing hour for receipt of tenders on May 6, 1935, pll tenders received at the Federal Reserve Banks or branches thereof up to the dosing hour will be opened and public announcement of the acceptable prices will 'Ollow as soon as possible thereafter, probably on the following morning* The {ecretary of the Treasury expressly reserves the right to reject any or all lenders or parts of tenders, and to allot less than the amount applied for, and Lis action in any such respect shall be final* Those submitting tenders will be Ldvised of the acceptance or rejection thereof* Payment at the price offered tor Treasury bills allotted must be made at the Federal Reserve Banks in cash or Dther immediately available funds on May 8, 1935* The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all (taxation, except estate and inheritance taxes* No loss from the sale or other ilisposition of the Treasury bills shall be allowed as a deduction, or otherwise Recognised, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions* Treasury Department Circular No* 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obrained from any Federal Reserve Bank or branch thereof# TREASURY DEPARTMENT Washington Imoraipdum por THE PRESS 6 f 1935 RETAIL LIQUOR DEALER INSPECTIONS, PITTSBURGH Eor the Period April 19-May 2 t Inclusive I „ . btal number of inspections. . • • • * * * « • • • • • • • • • * 9*50 rin ex deral violations found friount collected: 1 Taxes and penalties. Offers in compromise * » • • • • • • • • > • * * • • • * * $431*33 920.00 jlassification of Federal violations! | "failure to pay special tax I failure to post special tax stamp. f Unstamped Lotties, [■■.Unattached strip stamps. ................................ * * * ' i Undestroyed Leer stamps. f f Undestroyed wine stamps. | Refilled Lotties . ............... ^ I 4 TREASURY DEPARTMENT Washington ifey 6, 1935. [MORANDUM FOR THE PRESS RETAIL. BUFFALO. •INSPECTIONS. me ..........*»' N.Y. for the Period AP.ri 1 9-4fo.y 3 » .Incl^J-v®.* , . jstal number of inspections . . jjderal violations found aount collected: [Taxes and penalties. • • • • • « • • • • • • • • • • • * « • ¡Offers in compromise • • • • • • • • • • • • • • • • • • * * tassification of Federal violations: [Pailure to pay special tax. . . • • • • . * .. * !failure to post special tax stamp t It&istamped bottles. IUnattached strip stamps jUhdestroyed beer stamps • • • • • • • . « • • • IUndestroyed wine stamps . • • • • • • |Refilled bottles • lUntaxpaid liquor • . « « # . « * « • # * * * « * ;Beer barrel with no stamp attached . . . . . . . . • *•*.*• 860 130 $668.90 $1,665.20 *. t • • 30 22 4 2 • • •« * * • • • • * • • *.*.* • ♦ * « » * ♦ • • 1 * • * • • • ♦ ♦ » * 38 16 8 5 5 7 Referred to enforcement iction taken by police department (through Tuesday, ■April 30. only) Number of arrests. . . . » . « • * « • • • • * • • • • • • • • • • * | Number of cases referred to New York State Liquor Authority . . . . I Violations corrected by Inspection Unit. _ 1 TREASURY DEPARTMENT Washington m OEANDUM May 6, 1935* POR THE PRESS RETAIL LIQUOR DEALER INSPECTIONS. PHILADELPHIA Por the Period April 3-Ma.y 3, Inclusive .. 2,749 tal number of inspections.•.*.*.# . . [deral violations found . « » « * . . fount collected: paxes and penalties [Offers in compromise. « « » » • * . . . L »k . . . * « . • * * « * [assignation of Pederal violations: ¡failure to pay special tax. • * • • • « failure to post special tax stamp . . • IMStamped bottles ■Unattached strip stamps. . » « . * . . < Undestroyed beer stamps. • • • • • • • < Undestroyed wine stamps. • . . . . . • • < Refilled bottles. • • • • • • ........ Untaxpaid liquor. . . . . . . . . . . . Failure to destroy empty liquor bottles Referred to Enforcement* • • • • » . . « Referred to Permissive • 525 $6,702.84 $5,847.50 304 93 0 27 83 0 17 1 0 13 6 TREASURY DEPARTMENT Washington ¡EMORANDUM EOR THE PRESS May 6, 1935. RETAIL LIQUOR DEALER INSPECTIONS, NEW YORK CITY Thirteen Weeks Period Ended May 4 . fotal number of inspections: First visits ............................... Second visits ........ Total ............... 18,726 354 19,080 federal violations found: First visits , .................................. Second visits ........................ Total . .... ......... 2,923 41 2,964 [mount collected: Taxes and penalties: First visits .... Second visits .... Offers in compromise: First visits ..... Second visits .... glassification of Federal violations: First visits: Failure to pay special tax .......... Failure to post special tax stamp ..... Refilled b o t t l e s ...... ............... Bottles with no strip stamps attached , Unattached strip stamps .......... ..... Unattached beer s t a m p s .... ........... Failure to destroy attached beer stamps Untaxpaid alcohol...................... Failure to destroy empty liquor bottles Beer barrel with no beer stamp attached Untaxpaid wine , : ................... $39,416]08 217.75 $39,'633.83 $38,485.52 365.00 .$38,850,52 ........ ......... ........ ........ ....... ........ .................. 8 10 ........ ........ 28 29 Second visits: Failure to pay special t a x ...................... ......... Failure to post special tax s t a m p .................... . Refilled bottles ........ ........ ................. ....... Bottles with no strip stamps attached ........ ........... . Unattached strip stamps ................. ............ . Unattached beer stamps ............ ....... ........... . Failure to destroy attached beer stamps ................. . Untaxpaid alcohol .................... .................... Failure to destroy empty liquor bottles ...... . Beer barrel with no beer stamp a t t a c h e d ................. . Untaxpaid wine ......... ................ ............. . ISTote: Second visits were started on April 23. 1,642 207 97 335 192 246 131 12 0 1 7 4 9 4 0 0 4 0 ijetail Liquor Dealer Inspections, TSew York City — Page 2. .ction taken “ by -police department (through Thursday. May 2. only): Humber of arrests; Pirst visits ..................... ......... ..................... Second visits . ......... ................................ . Number of cases referred to Hew York State Liquor Authority: Pirst visits ................ Second visits ...... .......... ............ ........ . Violations corrected by Inspection Unit? Pirst visits ................................................. Second visits ........................ 319 12 1,168 25 4,624 89 TREASURY DEPARTMENT Washington May 6 , 1935« PRAHDUM POR THE PRESS ICEIPTS OP SILVER BY THE MINTS AND ASSAY OPPICES: (Under Executive Proclamation of December 21, 1933) ek ended May 3, 1935: Philadelphia* San Prancisco.......... ............ Denver i)tal for week ended May 3, 1935*..... btal receipts through May 3, 1935**.. fine ounces 169,407.73 4 «492»00 173,899.73 34,793,860.34 ELVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) eek ended May 3, 1935: Philadelphia. ........................... . New York ............................... ...... . [San Prancisco ................................... ;Denver ............... ............... ........... |New Orleans......... ........... ........... . |S e a t t l e ........ ........... ................... . iotal for week ended May 3, 1935.... . btal receipts through May 3, 1 9 3 5 * . • 5.174.00 fine ounces 726,00 " n 721.00 ” “ 47,00 M n 254.00 n M 1.019.00 n n _ 7,941.00 112,727,881.00 10BIPTS OP G-OLD BY THE MINTS AND ASSAY OFFICES: New . Domestic Secondary Imports eek ended May 3, 1935: 3,795,09 $193,528,39 $ 1,712,51 Philadelphia, I New Y o r k * 17,529,900,00 423,200.00 234,900,00 I San Prancisco ....... ........... 334,962.04 100,515,14 617,851.06 51,686,00 621,494,00 I Denver*............«...........• 21,763.00 29,334,96 212,08 I New O r l e a n s ........ . ~ ~ - *v~ 1 6 T816.06 61.561,76 fe|al^for*week ended May 3, 1935..$17,890,420,13 $815,080.55$1£37,731.41 K)LD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER *S OFFICE: " (Under Secretary1s Order of December 28, 1933) ieceived by Federal Reserve Banks: _____ G-old Coin Week ended May 1, 1935.........• $ 25,698,52 Received previously 30,260.288,19 I Total to May 1, 1935........... $30,285,986.71 deceived by Treasurer^ Office; Week ended May 1, 1935.••••.»••, $ Received previously......... . „ ¿ Total to May 1, 1935............ $ iOTE: Gold Certificates 487,260.00 89,645.670,00 $90,130,930.00 $ 261.506.00 261,506.00 Gold bars deposited with the New York Assay Office to the amount of $200,572.69 previously reported. 8,100*00 2,113.700,00 $ 2 fl21f800*00 ss TREASURY DEPARTMENT POR RELEASE, MORNING PAPERS, Friday, May 10, 1935* STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury tills to the amount of $50,000,000, or thereabouts* They will he 272-day hills; and will he sold on a discount basis to the highest bidders* Tenders will he received at the Pederal Reserve Banks, or the branches.thereof, up to two o'clock p*m*, Eastern Standard time, on Monday, May 13, 1935* Tenders will not he received at the Treasury Department, Washington* The Treasury hills will ho dated May 15, 1935, and will mature on February 1 1 , 1936, and on the maturity date the face amount will he payable without interest* They will he issued in hearer form only, and in amounts or denomina tions of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders he made on the printed forms and forwarded in the special envelopes which will he supplied by the Federal Reserve Banks or branches upon application therefor* No tender for an amount less than $1,000 will be* considered* must he in multiples of $1,000* Each tender The price offered must he expressed on the basis of 100, with not more than three decimal places, e*g*, 99*125# Fractions must not he used* Tenders will he accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties* Tenders from others must ho accompanied by a deposit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company — 2— Immediately after the closing hour for receipt of tenders on May 13, 1935, all tenders received at the federal Reserve Banks or Branches thereof up to the closing hour will he opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning« The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final* Those submitting tenders will be advised of the acceptance or rejection thereof« Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve banks in cash or other immediately available funds on May 15, 1935« The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes« Mb loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions« Treasury Department Circular Ho* 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue« Copies pf the circular may be obtained from any Federal Reserve Bank or branch thereof* TREASURY DEPARTMENT Washington MEMORANDUM EOR THE PRESS May 13, 1935. RECEIPTS OE SILVER BY THE MINT'S AND ASSAY GPP ICES: (Under Executive Proclamation of December 21, 1933) as amended Week ended May 10, 1935: Philadelphia........ 499,829.57 fine ounces San Erancisco...... ............. .. i • 182,088.18 Denver...... ............... ............................. 5,012.00 ” ” Total fur week ended May 10, 1935............ . 686,929.75 M ” Total receipts through May 10, 1935....... ........ 35,480,000.00 .SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended May 10, 1935: Philadelphia ....................... 1,727.00 fine ounces New York....,,........... 1,137.00 San Erancisco................................... . * 997.00 " Denver.... ............. 434.00 New Orleans..... ................................. 627.00 ” Seattle,................ 389.00 Total for week ended May 10, 1935..... ............ 5,311.00 Total receipts through May 10, 1935.............. .112,733,192.00 RECEIPTS OE GOLD BY THE MINTS AND ASSAY ÖEEICES: Week ended !fey l0 , 1935: |mEorts^ ^ ^ ^ y P h i l a d e l p h i a................... Hew Tork......................... 6,170,000,00 401,500,00 San Francisco .................. 8,891.13 73,851,02 f 1 J ^ 5 1 6 ^ 8 ^ 5 ^ .tt’h o ! o 6 1.438,490,06 Denver ......................... 82,044.00 43,823.00 55Mtfi'2? New Orleans..................... 529,67 7 5 ,5 6 2 ,0 8 Seattle................... . - _____ 3 Q ft298,48 165.218.24 Total for week ended May 10, 1935.’ $ 6 ,2 7 2 7 9 8 0 7 9 8 * $920,946.42 $2 ,2 1 0 ,1 1 1 , 4 §QLU RECEIVED BY EEDERAL RESERVE RANKS aigC TKE TREASURER S (Under Secretary's Order of December 28, 1933) Received by Eederal Reserve Banks: Week ended May 3, 1935......... Received previously.......... Total to May 8 , 1935........*,,. f Sold Coin, 27^12794 3 0 ^ 8 5 ^ 8 1 . -71 $30,313,399.65 Received by Treasurer's Office; leek ended Ifey 8 , 1935....... . $ 000,00 Received previously. » . . • • . • • • • • • ___ 261.506,00, Total to May 8 , 1935............ $ 261,506.00 NOTE: Gold bars deposited with the New York Assay Office to the amount.of $200,57-2,69 previously reported. QEEICE: ^ $ nn $90,520,b30*OU , $ 7,^ ? #oh ,,-^-i.tL21if800.»i^ $2,129,600.00 TREASURY DEPARTMENT Washington RETAIL LIQUOR DEALER INSPECTIONS, BUFEALO, N. Y, For the Period April 9~May 10, Inclusive Total number of inspec t i o n s.......... ............................. 1,126 Federal violations found ........................................... 176 Amount collected: Taxes and p e n a l t i e s ............ Offers in compromise . . . ...................................... $892.39 $2,290.20 Classification of Federal violations : 1 Failure to' pay special tax ...................................... Failure to post tax s t a m p ...................................... Unstamped ’b o t t l e s ............................ Unattached strip s t a m p s .................. Undestrayed beer stamps ......................................... Undestroyod wine s t a m p s .................... Refilled bottles ................................................. Untaxpaid liquor ................................................. Beer barrel with no stamp a t t a c h e d .................. Referred to E n f o r c e m e n t ................. 43 26 11 5 43 20 14 7 7 9 Action taken by police department (through Monday, May 6, only): Number of a r r e s t s .......................................... .. . . Number of cases referred to New York State Liquor Authority . . . Violations corrected by Inspection U n i t ....................... . . 10 13 65 TREASURY DEPARTMENT Washington [MEMORANDUM EOR THE PRESS May 14, 1935. RETAIL LIQUOR DEALER INSPECTIONS, PHILADELPHIA For the Period April 3-May 10, Inclusive ¡Total number of inspections ........................................ ¡Federal violations f o u n d ......................... • ............... [Amount collected; Taxes and p e n a l t i e s .......................................... . Offers in compromise ........................................... 3,267 627 $7,835.58 $7,177.50 ¡Classification of Federal violations : Failure to pay special t a x .................................... Failure to post special tax s t a m p .......... ................ Unstamped bottles ............................................. Unattached strip stamps ....................................... Undestroyed beer s t a m p s ....................................... Undestroyed wine s t a m p s ...................... '............. .. Refilled b o t t l e s ................. Untaxpaid liquor .............. Failure to destroy empty liquor bottles . ................... 362 116 0 30 95 0 21 2 0 Referred to E n f o r c e m e n t ....................................... I Referred to Permissive ........................................ 13 18 TREASURY DEPARTMENT Washington MEMORANDUM POR THE PRESS May 14, 1935. REFILLED LIQUOR DEALER INSPECTIONS, PITTSBURGH. For the Period April 19-May 9, Inclusive I Total number of inspections . . . . . ......................... 1,373 I Federal violations found . ......................... 118 Amount collected: Taxes and p e n a l t i e s ....................................... .. Offers in compromise .................... . ............... $903.31 $1,515.00 ! Classification of Federal violations: Failure to pay special tax .................................. Failure to post special tax stamp ......................... Unstamped bottles .................. . . . . . ............. | Unattached strip s t a m p s .......................... .. Undestroyed beer stamps ................ . ................. Undestroyed wine stamps ............ . ..................... Refilled bottles ............................................ Untaxpaid liquor ................... . ..................... Failure to destroy empty liquor bottles ................... 44 18 1 5 44 1 5 0 0 . . . . . TREASURY DEPARTMENT Washington [MEMORANDUM POR THE PRESS ^ 1 4 » 1935# RETAIL LIQUOR DEALER INSPECTIONS, NEW YORK CITY Fourteen Weeks Period Ended May 11 Total number of inspections: First v i s i t s ........................... ........................... 19,570 Second visits .....................................................991 T o t a l ...................................... 30,561 Federal violations found: First v i s i t s .................................................... 3,090 Second v i s i t s .................................................%. ______ 117 Total....................................... lAmount collected: Taxes and penalties: First visits ........................... Second visits ......................... Offers in compromise: First visits .......... Second visits ......................... $41,526.97 685.86 $42,212.83 $40,500.52 1,450♦00 $41,950.52 Classification of Federal violations: First visits: Failure to pay special t a x ....................... .. Failure to post special tax s t a m p ....................... Refilled “bottles ................... Bottles with no strip stamps a t t a c h e d ................... Unattached strip stamps . . . ............................ Unattached “beer s t a m p s ................................... Failure to destroy attached “beer s t a m p s .................. Untaxpaid a l c o h o l ................ Failure to destroy empty liquor Lotties ............... . Beer "barrel with no Leer stamp a t t a c h e d .............. . Untaxpaid w i n e ................................... Failure to destroy wine stomps ........................ Second visits: Failure to pay special t a x .......... .................... Failure to post special tax s t a m p ....................... Refilled "bottles ........................................... Bottles with no strip stamps a t t a c h e d ................... Unattached strip stamps,........................... Unattached "beer s t a m p s ..................... Failure to destroy attached "beers t a m p s ................. Untaxpaid alcohol ....................................... . Failure to destroy empty liquor " b o t t l e s ................. Note: 3,207 Second visits were started on April 23. 1,757 213 101 351 199 252 133 8 11 31 35 1 39 4 5 18 11 20 9 0 2 Retail Liquor Dealer Inspections, New York City— page 2. Beer Darrel with no beer stamp attached.................... Untaxpaid w i n e ................. .. * • • • • • • • • Failure to destroy wine stamps ................ .......... Action taken by -police department (through Thursday, May 9, only).: First visits: Number of arrests ...................................... * * * * Number of cases referred to New York State Liquor Authority . . Violations corrected by Inspection Unit Second visits: Number of arrests . * ............................. .. Number of cases referred to New York State Liquor Authority . . Violations corrected by Inspection Unit . . . ................. 5 0 4 326 1,234 4,924 25 83 245 NCR RELEASE, MORNING PAPERS, Pridhy, May 17, 1935* (TREASURY DEPARTMENT STATEMENT BY SECRETARY MORGENTHAU Tiie Secretary of tlie Treasury ¿fives notice that tenders are invited for two, (series of Treasury Bills to the aggregate amount of $100,000,000, or thereat)1Bit |0ne series will Be 133-iday Bills and the other series will Be 273-day Bills* (Both series will Be sold on a discount Basis to the highest Bidders* Tenders will fee received at the Pederal Reserve Banks, or the Branches thereof, up to two pi clock p*im, Eastern Standard time, on Monday,.May 20, 1935. Tenders will not Be (received a t the Treasury Department, Washington* The Treasury Bills will, as stated, Be issued in two series, $50,000,000, or [thereatouts, maturing on OctoBer 2, 1935, and $50,000,000, or thereaBouts, maturing ¡on PeBruary 19, 1936; Both series to Be dated May 22, 1935« Bidders will Be ¡required to specify the particular series for which each tender is made* The face [amount of the Bills of each series will Be payaBle without interest on their 'respective maturity dates* The Bills will Be issued in Bearer form only, and in [amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value)* It is urged that tenders Be made on the printed forms and forwarded in the special envelopes which will Be supplied By the Pederal Reserve Banks or Branches upon application therefor* No tender for an amount less than $1,000 will Be considered* must Be in multiples of $1,000* Each tender The price offered must Be expressed on the Basis of 100, with not more than three decimal places, e*g*, 99*125* Practions must not Be used* Tenders will Be accepted without cash deposit from incorporated Baines and trust companies and from responsiBle and recognised dealers in investment securi ties* Tenders from; others must Be accompanied By a deposit of 10 per cent of the face amount of Treasury Bills applied for, unless the tenders are accompanied By an express guaranty of payment By an incorporated Bank or trust company* >2~ Immediately after the closing hour for receipt of tenders on May 20, 1935, 111 tenders received at the Federal Reserve Banks or Branches thereof up to the closing hour will "be opened and public announcement of the acceptable prices for Bach series will follow as soon as possible thereafter, probably on the following horning# The Secretary of the Treasury expressly reserves the right to reject any Dr all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final* Any tender:' which does not ¡specifically refer to a particular series will be subject to rejection# Those (submitting tenders will be advised of the acceptance or rejection thereof# Payment lat the price offered for Treasury bills allotted must be made at the Federal [Reserve Banks in cash or other immediately available funds on May 22, 1935# The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all [taxation, except estate and inheritance taxes* No loss from the sale or other ¡disposition of the Treasury bills shall be allowed as a deduction, or otherwise [recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions# Treasury Department Circular No# 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue* C-opies of the circular may be obtained from any Federad Reserve Bank or branch tnereof# TREASURY DEPARTMENT Washington MEMORANDUM POR THE PRESS May 20 1935« RETAIL LIQUOR DEALER INSPECTIONS. BUFFALO.N,Y. Eor the Period April 9~Mav 17f Inclusive 'Total number of inspections Eederal violations found ............. 1 471 • • * . * ........... 206 Amount collected: Taxes and penalties. ......................................... . . Offers in compromise . . . . . . . . . . . . . . . . . . . . . . Classifica,tion of Eederal violations: Eailure to pay special tax. . T~. ............................ Eailure to post special tax stamp .......... . . . . . . . . Unstamped "bottles. ............. • • • • . . ................ .. Unattached strip stamps, Undestroyed "beer stamps.......... Undestroyed wine stamps............ Refilled "bottles Untaxpaid liquor. . . . . ............................. .. Beer Barrel witji no stamp attached, Referred to Enforcement ........ , $1,103.89 $2,670.2© 53 27 15 6 45 24 15 10 11 11 TREASURY DEPARTMENT Washington MEMORANDUM EQR THE PRESS May 20, 1935» RETAIL LIO.UOR DEADER INSPECTIONSTPITTSBURGH Eor the Period April 19-May 16,Inclusive ■ . ............. 1,826 Total number of inspections,................. .. \50 Federal violations found ............... .. Amount collected: Taxes and penalties, • . Offers in compromise • , $1,185.64 1,860.00 56 24 11 5 55 r —1ZN O C r —i Classification of Federal violations I . . . . . . Failure to pay special tax, Failure to post special tax stamp. Unstamped bottles............. Unattached strip stamps. Undestroyed beer stamps, Undestroyed wine stamps, Refilled bottles, . . . ........... • ............... Untaxpaid liquor Failure to destroy empty liquor bottles. . . . . . . Referred to Enforcement . ................. .. TREASURY DEPARTMENT Washington May 20, 1935# MEMORANDUM EUR THE PRESS RETAIL LIQ.UUR DEALER INSPECTIONS .PHILADELPHIA Eor the Period April 3~>May 17, Inclusive Total number of inspections • Federal violations found • • • • • • • . . . • 3,668 ................... Amount collected: Taxes and penalties.........• • • • . . • • • • • • • • • • • * Offers in compromise # . . . * • ............... •• 720 $8,575*95 8,207.50 Classification of Federal violationsi Failure to pay special tax ................................ .. Failure to post special tax s t a m p * ................... .. Unstamped "bottles * Unattached strip stamps • • ........ Undestroyed heor stamps . . . . . . • • • • • • • • .......... .. Undestroyod wine stamps ........ . ................. . . . . * • Refilled bottles . . . . . . . ................... . . . . . . # Untaxpaid liquor ..................... .. Failure to destroy emptyliquor bottles ........................ • Referred to E n f o r c e m e n t ................................. .. Referred to Permissive.......... ................. . . . . . . . * 404 137 3.^0 0 ^ 14 TREASURY DEPARTMENT Washington ;MEmRANDUM POR THE PRESS May 20, 1935 RETAIL LIQUOR DEALER INSPECTIONSfMILWAUKEE Eor the Period April 9~May 16, Inclusive [Total number of inspections . . . ........ .. [Federal violations found 2,275 . . . . . . . . . . . ............... [Amounts collected in taxes, penalties, and offers in compromise for Federal violations. . . . . . . . . . . . . . 501 $6,890*58 [Classification of Federal violations: | Failure to pay special tax ...................................... i Failure to post special tax stamp. . . . . . . . . . . . . . . . I Unstamped "bottles . . . . . . . . . . . . . . . . . . . . . . . I Undestroyed "beer stamps ........................................ I Unattached strip stamps ................... i Failure to destroy empty liquor bottles * . . . . . . ........ . 1 Untaxpaid liquor found. Refilled "bottles............ . . . . . . . . . . . . . . . . . : Rectifier . . . . . . . . . . . . . . . . . ................... Apparent Untaxpaid wine. . . . . . . . . . . . . . . . . . . . . k Marks and "brands not removed from cases. . . . . . . . . . . . . 73 68 58 164 16 0 2 10 0 4 106 TREASURY DEPARTMENT Washington MSMQRAEDUM FOR. THE PRESS p t m ^TL May 20, 1935. LIQ.UOS DEALER INSPECT IONS JDSW YORK CITY Fifteen Weeks Period Ended May 18. Total number of inspections! First visits i «• f • * » » « « • » V * » » • • • • * * * Second visits « . » • » i « « « V i • * • * * « » • * * » * * • • « » 20,081 * 1«536 Total* * ♦ * • • • • • • • * ♦ « * Federal violations found: First visits. • Second visits • ............. . . . . Total. ........... ............ .. 21,607 3,178 183 3,361 Amount collected: Traxes and penalties — First visits . • • • • • • « . . . Second visits. • « • • • • • • « * .$43,438.05 . 1,199.00 $44,637.05 Offers in compromise: First visits • • • • • • • • • . « Second visits .$41,740.52 . 2,345.00 $44,085.52 Classification of Federal violations: First visits— Failure to purchase special tax stamp • • • • • • • • • • • • • Failure to post special tax stamp « • « • • • • • • • • • • • » Refilled bottles Bottles with no strip stamps attached. • • • « • . . • • ■ • » Unattached strip stamps. Unattached beer stamps* • • • • • • • • • • • • • • . . • « . « Failure to destroy attached beer stamps. • • • • • • • • * . . Hon-taxed alcohol, Failure to destroy empty liquor bottles.• • • • • . • « • * * Beer barrel with no beer stamp attached. • • » • • • • • • « • Untaxed wine. Failure to destroy wine stamps. Second visits— Failure to purchase special tax stamp. Failure to post special tax stamp • • • « « . . ... . . . . . . Refilled bottles Bottles with no strip stamps attached. • Unattached strip stamps Unattached beer stamps Failure to destroy attached beer stamps. Ffontaxed alcohol Failure to destroy empty liquor bottles. •• . • • • • • • . . Beer barrel with no beer stamp attached. ........... Untaxed wine Undestroyed wine stamps. Hote Second visits were started on April 23, 1,821 218 102 354 201 257 136 8 13 31 37 2 70 5 8 26 14 29 12 0 2 8 0 5 - 2- jRetail Liquor Dealer Inspections, Hew York City, page 2# ¡Action taken "by police department: first visits— Humher of arrests# # • • • • • • # « • • • • • , . # • • • • • • * Humber of cases referred to Hew York State Liquor Authority# • • • Violations corrected "by Inspection Unit# # • « • • » • • • • • • * Second visits— * Huiaber of arrests Humber of cases' referred to Hew York State Liquor Authority • • • Violations corrected "by Inspection Unit# # # • • • • . • # • » • 330 1,274 5,131 3 165 TREASURY DEPARTMENT Washington May 20, 1935« MEMORANDUM POR THE PRESS RECEIPTS OP SILVER BY THE MINTS AND A S SAY UPPICEg.:^ (Under Executive Proclamation of December 21, 1933) as amended Week ended May 17, 1935: Philadelphia...................................... San Prancisco ............. ........ *............. Denver..... ....... ....... .......... ............ Total for week ended May 17, ..................... ' Total receipts through May 17, 1935.............. fine ounces 80,861*27 6*046.00 86,907.27 35,567,000.00 H II SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended May 17, 1935; I Philadelphia..................................... New York ............ .............. ******....... San Prancisco........ ........................... Denver .......... ..... . ........ *................ New Orleans...................................... Seattle*.... ............................... ..... Total for week ended May 17, 1935*................ Total receipts through May 17, ................... 459.00 3.521.00 6.700.00 173.00 357.00 270.00 ounces it 1 1 ,4 8 0 .0 0 1 1 2 ,7 4 4 ,6 7 2 .0 0 RECEIPTS OP GOLD BY THE MINTS AND ASSAY OP?ICES: Secondary Week ended May 17, 1935: Imports_— Philadelphia...!................. $ . 7,635.74 $ ^35,001*51 New Y o r k ............... 10,914,800.00 299,200.00 San Prancisco...... .............. 458,206.07 1 » # Denver........................... 63,204*00 40,520.00 New Orleans..................... 14,126.21 39,193,78 2 5 ,6 9 3 .3 5 T o tal f o r ’ w eeP ended’ May 1 7 , 1 9 3 5 . . $ 1 1 , 4 5 7 , 9727o2 $ 7 4 3 , 8 8 0 . 4 1 New Domestic 5 345*98 8 4 ,5 0 0 * 0 0 1 ,2 6 8 ,3 5 2 .5 8 8 0 6 ,9 0 7 * 0 0 2 ,7 5 4 * 3 6 1 8 9 ,9 0 0 .8 5 Seattle........ $ 2 ,3 5 2 ,7 6 0 .7 7 HE TREASURER'S OFFICE: GOLD RECEIVED BY PEDERAL RESERVE BANKS AND 1 (Under Secretary's Order of December 28, 19o3) Gold Coin Received by Pederal Reserve Banks: Week ended May 15, 1935........ * $ . 33,650.02 Received previously.•........... 30,313^099^,^65^ Total to May 15, 1935..........• $30,347,049.67 Received by Treasurer’s Office: Week ended May 15, 1935........• Received previously.•< •• • •• Total to May 15, 1935« NOTE: 500*00 261. , 5 0 6 .0 0 , 2 6 2 ,0 0 6 .0 0 Gold bars deposited with the New York Assay Office to the amount of $200,572.69 previously reported. Gold Certificates $ 5 0 7 ,0 2 0 * 0 0 9 0 T5 2 0 .6 3 0 .0 0 $ 9 1 ,0 2 7 ,6 5 0 .0 0 $ 6,700.00 2,129.600*00 f 2,136,300.00 FOR RELEASE, MORNING PAPERS, Friday, May 34, 1935» TREASURY DEPARTMENT STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for two series of Treasury hills to the aggregate amount of $100,000,000, or thereabouts. One series will he 133-day. hills and the other series will he 373-day hills. Both series will he sold on a discount basis to the highest bidders. Tenders will he received at the Federal Reserve Bank?» or the branches thereof, up to two o'clock p,m,, Eastern Standard time, on Monday, May 27, 1935. Tenders will not he received at the Treasury Department, Washington. The Treasury hills will, as stated, he issued in two series, $50,000,000, or thereabouts, maturing on October 9, 1935, and $50,000,000, or thereabouts, maturing on February 26, 1936; both series to he dated May 29, 1935. Bidders will he required to specify the particular series for which each tender is made. The face amount of the hills of each series will he payable without interest on their respective maturity dates. The hills will he issued in hearer form only, and in | amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders he m a d e ■on the printed forms and forwarded in the I special envelopes which will he supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will he considered. [ must he in multiples of $1,000. Each tender The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not he used. Tenders will he accepted without cash deposit from incorporated hanks and trust companies and from responsible and recognized dealers in inv^st.uent securi ties. Tenders from others must oe accompanied by a deposit of 10 per cent of ^ iaee amount of Treasury -bills applied for, unless the tenders are accompanied by |n express guaranty of payment by an incorporated “bank or trust company. Immediately after the closing hour for receipt of tenders on May 27, 1935, all tenders received at the federal Reserve Banks or Branches thereof up to the closing hour will he opened and public announcement of the acceptable prices for each series will follow as soon as possible thereafter, probably on the l o l l o w m g [morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less then the amount applied for, and his action in any such respect shall be final. Any tender,which does.,n ot ¡specifically refer to a particular series will be s u b j e c t J p ^ e jection. Those [submitting tenders will be advised of the acceptance or rejection tner^Oj.. Paym [at the price offered for Treasury bills allotted must be made at the federal Reserve Banks in cash or other immediately available funds on May 29, 1935# The Treasury bills will be exempt, as to principal and interest, and any [gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. No loss from the sale or other [disposition of the Treasury bills shall be allowed as a deduction,or otherwise I recognized, for the purposes of any tax how or hereafter imposed by the United [ States or any of its possessions. Treasury Department Circular Ho. 418, as amended, and this notice prescribe I the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any federal Reserve Bank or branch thereof. treasury department Washington MEMORANDUM PÜR THE PRESS ^ 27» 1935# RECEIPTS OB1 SILVER BY THE MINTS AND ASSAY^OPPICES: r (Under Executive Proclamation of December 21, 1933) as amended !Week ended May 24, 1935: Philadelphia ...................... . * •....... San Prancisco........ *....... 6.207*00 I Denver................... . *............ [ Total for week ended May 24,^1935.^................ . l Total receipts through May 24, 1935«.... . 348,663,79 8 ,201 «95 ggg 072.74 3 5 .9 3 0 loOO.OO » » fine ounces « « « | » « n ” j SILVER TRANSFERRED TO UNITED STATES: I (Under Executive Proclamation of August 9,1934) ; Week ended May 24, 1935: Philadelphia............ .......................** New York......................................... San Prancisco..................................... Denver.................. ........................ . New Orleans......... Seattle................ ...................*....... Total for week ended May 24, ................ * ..... I: Total receipts through May 24, 1935. 2,058,00 fine ounces 24,553,00 n 11 72,800,00 11 ¡J 143,00 ” n 392,00 n 11 251,00 ” n 100,197,00 " p 044 «69,00 " H * * RECEIPTS OP GOLD BY THE MINTS AND ASSAY PEE,ICES: K enäod i * 34« 19351 r 1222? ^ Philadelphia .................... \ 0 48o!s00.00 I Hew York.»......................... * T?6 275.40 San F r a n c i s c o .................. 33g 3 07# 00 Denv®r, ............................ 1 638.64 New O r l e a n s ...... .............. *• _ ^ „ ...... ** — r^rz izpr Seattle Total for week ended May 24, 1 9 3 5 ..$1 0 ,8 2 6 ,231.39 New p g i S r ~ S22! S 422,900.00 68,693.26 34,193.00 307,300,00 1,365,903.So 5 7 9 ,9 5 9 ,0 0 42,234.71 407,42 24 622.61 204.347,72 58* $2 .3 5 8 .306.26 $8o5,885.58 , | GOLD RECEIVED BY PEPERAL RESERVE BANKS A E D _ J ^ _ yKS-/lSTJ^ R 1s i (Under Secretary's Order of December 28, 1933) . cnid rein | Received hy Pederal Reserve Banks. ---. 'gr Week ended May 22, 1935....... . $ Received previously............. I Total to May 22, 1935.......... . $30,374,193. Received hy Treasurer*s Office: ' n Week ended May 22, 1935........ $ n * Received previously............. ... nnfi'oo Total to May 22, 1935............. $ ^6 2 ,0 0 6 .0 0 NOTE: Gold bars deposited with the New York Assay Office to the amount of $200,572.69 previously repor e • Gold Certificates. ”Tj 363,440,00 Q1,027,650.00 ,, $91,391,090.00 * 6,100,00 2 136,300.00 5 2,142,400.00 *P f . TREASURY DEPARTMENT Washington May 27, 1935* IMEMORANDUM FOR 'THE PRESS KSTAII XjIQ.UOH DEALER IHSPECTIOHS. BUEFAIO.N.Y. Sor the Period April 9-May 24. Inclusive., . * * • • • • Total number of inspections* 1,804 228 Federal violations found. . * • • • • • • • • * * • • Amount collected: Taxes and penalties* • • • • * • • • • • • • • ♦ • • Offers in compromise* • • • • • • • • • • • • • • $1,166.94 $2,925.20 Classification of federal violations: Failure to pay special tax * * • • • • • • • • • • • ........ * Failure to post special tax stamps . * • • • • • • • • • • • * • * Unstamped "bottles. • . • • • • • • • • • * • • • * * * * * " * * Unattached strip stamps* * * • * ♦ * * ♦ » • ♦ * • • ■* • • * • * 9 • Undestroyed "beer stamps* • * • ♦ • « * * * •*.* #* * ♦ • * • • • • • Undestroyed wine stamps. Refilled "bottles* . . * • • • • • • • • • • • • • • • ' ' ' ' | ' Untaxpaid liquor. , • « * 1 • * # * # * » * * • » ? » * * ' ' Beer "barrel with no stamps attached * » « • « • • • ........ Referred to Enforcement. • • • • ........... • * . . * • • • .................... 5g 27 g 53 gg ^5 qq q2 11 TREASURY DEPARTMENT Washington May 27, 1935. xrSUQRANDUM FOR THE PRESS RETAIL LIQUOR DEALER INSPECTIONS« SAN ERANOISCO« OAKLAND & LOS AJOELES Por the Period May 1 - May 24f Inclusive. Total number of inspections « • « . . . . Pelerai violations found # # • • • • • • Amount collected« Taxes and penalties. Offers in compromise 4,486 . * • • • • * * • * * 782 • • ■ • • • • • • ' • • • $3,758.41 $9,255.00 Glassification of Pederal violations* Pailure to Lave special tax stamp • • « • • • • • * • * * • • Pailure to post special tax stamp « • • ♦ • • * • • • • • * • Unstamped "bottles# * . » » • « • • * • • • * • * * * * * * ' * Unattached strip stamps. Uhdestruyed strip stamps • •■ ............. # . . # . • • • • ■ • Undestroyed beer stamps. . . . . # • • • • • • • • • • • • • • Undestroyed wine stamps# . * • • • * • • • • • • ........ * * Refilled bottles# Untaxpaid liquor. # . ♦ ♦ • * • * * • i • • • * * * ' ' * * * Unstamped tapped beer • # # • • • • • • • • • • • • • • • • • ^ndestroyed empty liquor bottles# . # # # • • • • • • • • • * • Marks and brands not removed from cases * • • # • • • • * • • * Referred to Enforcement 179 161 141 54 6 67 77 26 44 2 8 17 TREASURY DEPARTMENT Washington nSMORAUPUM POR THE PRESS May 27, 1935« OTrpiTT, T.TQTTQR 3EALEB IKSFT'.nTTOI^.FHILA33aPHIA, for the Period April 3-May 24, Inclusive« Jotal number of inspections, # . 3,935 • • • • • . 787 federai violations found • . ■mount collected: # # i Taxes and penalties............. * * * * * * * * * ' ! ! ! ! . . Offers in compromise 446 145 0 41 119 0 30 r jl O O plassification of Eederal violations^ F Failure to pay special tax • failure to post special tax ¿stamps, . . . • • • f Unstamped bottles............. .. : Unattached strip stamps. . ............... • • • [ Undestroyed beer stamps. ♦ » • • • • ’ * * t • • L Undestroyed wine stamps............. .. . • Refilled bottles» • • • • • * * * * | Untaxpaid liquor. • . * . • • • * ♦ ' ' failure to destroy empty liquor bottles . Referred to Enforcement. , . * * • • • • • Referred to Permissive • • • • • • • • • • $9,661.53 $9,692.50 • • • • • 1 18 TREASURY DEPARTMENT Washington May 27, 1935« MEMORANDUM POR THE PRESS RETAIL LIQUOR DEALER INSPECTIONS. MILWAUKEE Eor the Period. April 9— May 2 3 f Inclusive . Total number of inspections« • • • ........ • 2,547 Eederal violations found • 551 Amounts collected in taxes, penalties, and offers in compromise for Eederal violations • • • • • • • • » • • • • . . . » • • • • Classification of Eederal violations! Failure to pay special tax Failure to post special tax stamp. . . . . . . * • • • • Unstamped Lotties • Undestroyed Leer stamps • Unattached" strip stamps. • • • • • • • • • ......... • Untaxpaid wine and liquor Refilled Lotties. t • Rectifying • Marks and Lrand.s not removed from cases. ............... $7,804.97 • • • • • 9 • • • ♦ • •• .. 9 * 9 8° 73 54 173 17 1^ 119 TREASURY DEPARTMENT Washington MEMORANDUM EOR THE PRESS May 27, 1935. RETAIL LIQUOR DEALER INSPECTIONS, NEW YORK CITY. For the Period February 4~May 22, Inclusive.. Total number of inspections: First visits ............. Second visits ............ Total ..... 20,462 2,075 22,537 Federal violations found: First v i s i t s ............ . Second visits ...........■ Total .... 3,282 257 3,539 Amount collected: Taxes and penalties— First visits ........................... **..... Second visits ................................. $ 44,768.59 . 1.988.35 $46,756.94 Offers in compromise— First visits .... Second visits ... $ 42,910^52 3.410,00 $46,320.52 1,899 218 102 364 203 265 238 8 13 33 39 2 115 6 11 33 19 31 14 o W 00 1Û o Classification of Federal violations: First visits— Failure to purchase special tax stamp .... Failure to post special tax stamp ........ Refilled bottles....... . Bottles with no strip stamps attached ..... Unattached strip s t a m p s ........ ....... . • Unattached beer stamps .................*** Failure to destroy attached beer stamps .. Non-taxed alcohol .... . ••••..•••• Failure to destroy empty liquor bottles ,. Beer barrel with no beer stamp attached ,, Untaxed wine .............. *............. Failure to destroy wine stamp ,•••..«>><>•• Second visits— Failure to purchase special tax stamp ..... Failure to post special tax stamp ........ Refilled bottles ...... ................. Bottles with no strip stamps attached .... Unattached strip stamps ............... Unattached beer stamps ................... Failure to destroy attached beer stamps .. Non-taxed alcohol ................... Failure to destroy empty liquor bottles .. Beer barrel with no beer stamp attached •. Untaxed wine ........................... . Failure to destroy wine s t a m p ..... •..... Note: Second visits were started on April 23. New York City - page 2. Action taken hy police department! First visits— Number of arrests ........................ . •............ ;........ ? Number of cases referred to New York State Liquor Authority •••••• Violations corrected "by Inspection Unit ...................... Second visits— . . Number of arrests ...................... .............. . • ....... ••. Number of cases referred to New York State Liquor A u t h o r i t y .... . Violations corrected by Inspection Unit ........................... 332 1,322 5,212 48 210 547 TREASURY DEPARTMENT Washington MEMORANDUM EQR THE PRESS May 27» 1935» RETAIL LIQUOR DEALER INSPECTIONS. PITTSBURGH For the Period April 19~Mav 23«Inclusive. 2,158 Total number of inspections Federal violations found « • « • • • • • • • • • • * * • * • • • • • Amount collectedt .Taxes and penalties« • Offers in compromise • $1,477*88 $2 , 2 1 0 .0 0 66 30 1 7 • » •• • • • • « • • • • • • « * • • • 66 W O C O H Classification' of Federal violations* Failure to pay special tax • « • • Failure to post special tax stamp • Unstamped bottles • • • • • • • • Unattached strip stamps • • • • • • Undestroyed beer stamps . « < • • • Uhdestroyed wine stamps Refilled bottles« • • • • • • • « . Untaxpaid liquor • • « • • • • • • Failure to destroy empties. • . • • Referred to Enforcement.« • • • • • • • 181 POE RELEASE, MORNING PAPERS, Wednesday, May 2 9 | 1935» bSASURY DEPARTMENT STATEMENT BY SECRETARY MORGE1JTHATJ Tiie Secretary of the Treasury gives notice that tenders are invited for two series of Treasury hills to the aggregate amount of $100,000,000, or thereabouts. &ne series will be 133-day bills and the other series will be 273-day bills. Series will be sold on a discount basis to the highest bidders. Both Tenders will be Received at the federal Reserve Banks, or the branches thereof, up to two ©»clock ^m*, Eastern Standard time, on Priday, May 31, 1935. Tenders will not be received it the Treasury Department, Washington. The Treasury bills will, as stated be issued in two series, $50,000,000, or thereabouts, maturing on October 16, 1935, and $50,000,000, or thereabouts, maturing |i March 4, 1936; both series to be dated June 5, 1935. Bidders will be required to specify the particular series for which each tender is made. The face amount of the bills of each series will be payable without interest on their respective matu rity dates. The bills will be issued in bearer form only, and in amounts or ionominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value) • It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the federal Reserve Banks or branches Upon application therefor. No tender for an amount less than $1,000 will be considered. be in multiples of $1,000. Each.tender must The price offered must be expressed on the basis of 100, with not. more than three decimal places, e.g., 99.125. fractions must not be used. Tenders will be accepted without cash deposit from incorporated barncs and trust companies and from responsible and recognized dealers in investment securi ties* Tenders from others must be accompanied by a deposit of 10 percent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. Immediately after the closing hour for receipt of tenders on May 31, 1935, L i tenders received at the Federal Reserve Banks or “branches thereof up to the closing hour will ho opened and public announcement of the acceptable prices for bach series will follow as soon as possible thereafter, probably on the following Lorning* The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, |nd his action in any such respect shall be final, friy tender which dpe.^not ¡specifically refer to a particular series will be subject to rejection. Those ¡submitting tenders will be advised of the acceptance or rejection thereof. Payment lat the price offered for Treasury bills allotted must be made at the Federal Reserve panics in cash or other immediately available funds on June 5, 1935# The Treasury bills will be exempt, as to principal and interest, and any g a m ¡from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes* (Attention is invited to Treasury Decision 4550 ruling that Treasury bills are not exempt from the gift tax*) Ho loss from Ithe sale or other disposition of the Treasury bills shall be allowed as a deduction ¡or otherwise recognized, for the purposes of any tax now or hereaftei impOoed by ¡the United States or any of its possessions* Treasury Department Circular Ho* 418, as amended, and this notice prescribe [the terms of the Treasurybills and govern the conditions of their iuouc* Copies [of the circular may be obtained from any Federal Reserve Bank or branch thereof* TREASURY DEPARTMENT Washington June 3, 1935« MEMORANDUM POR THE PRESS RETAIL LIQUOR DEALER INSPECTIONS BURRAIO. NEW YORK for the Period Anril 9 - May 3 1 T tInclusive# Total* * • • • • • • federal violations found: first visits. . . . • . . . « • • • • • * • ........ Second visits . . • • • • ........... * • .......... Total. ♦ * . • * • • Amount collected: Taxes and penalties«- * * • first visits. . . • • • Second visits • • • • . . . . 1,802 .• • 273 . .. . 2,075 . . . . , .. . 238 . . . . 251 13 $1,191.94 • t Offers in compromise first visits ............. Second visits. . ♦ • * . * ♦ • * * * * ' * * $1,191.94 « $3,055.20 140.00 Classification of federal violations, first visits failure to have special tax stamp. . • < failure to post special tax stamp. . * < Unstamped Bottles. • • • • . . . . • • Unattached strip stamps. Undestroyed "beer stamps. • • • * • « • Undestroyed wine stamps. • * * * • • • Refilled B o t t l e s . ............. . . . . Untaxpaid liquor. Beer Barrel with no stamps attached . . Referred to Enforcement Second visits failure to have special tax stamp • * • failure to post special tax stamp . . • Unstamped Bottles . . • * • • • • • • • Unattached strip stamps • • • • • • « • Undestroyed Beer stamps . . . » • • • • Undestroyed wine stamps . . . • • • • • Refilled Bottles. . . . • • • • • • • • Untaxpaid l i q u o r . ........... • • * * * Beer Barrel with no stamp attached. « « Referred to Enforcement............... NOTE: . * _ Total number of inspections: Pirst visits• » ........... • « • • • * * • * * * * * Second visits * # • • • • ♦ • • • • • ........... * * first visits were completed May 29, o Re inspect ions were commenced May 2«^, lyoo* $3,195.20 59 28 22 8 52 29 16 12 12 11 ........ ........ ........ . . . . . . . . . . . . . . . . . . . . , . . . . . . . ’........ 0 0 5 2 1 o ^ 0 1 2 0 TREASURY DEPARTMENT Washington Jim© 3, 1935» Uff.MfiPA’ N'DTJM EOR THE PRESS Eor the Period April 9-May 29, Incjhisive, Total number of inspections • « * « • • • • • ♦ • • • • Eederal violations found* ........... • ............. * . « • • • t 2,838 • . . . 573 Amounts collected in taxes, penalties, and offers m ^ compromise for Eederal violations * • * • * • • • • ♦ ♦ • $8,122*99 Classification of Eederal vip.lgM P R l 1 ; Pailure to have special tax s t a m p * ........ .. Eailure to post special tax stamp. • ........ * Unstamped bottles » • * • * * * * * * * * * * * ' * * * Unattached strip stamps ............... •• ■.................... Refilled b o t t l e s .........« • * ' • * ^ * * * * * * '* * Eailure to destroy attached beer stamps* * • . . * • • • • • • Rectifying. . . * . * • • • • • • • • • • • * * * ........ * Eailure to destroy mar^s and brands • ......................_ Untaxpaid wine and liquor. ........... * * * * * * * * * 91 ?5 73 17 10 175 ^ 123 g TREASURY DEPARTMENT Washington IvCBMORANDUM POR THE PRESS June 3, 1935* RETAIL LIQUOR DEALER INSPECTIONS«PITTSBURGH Por the Period April 19-May 29y Inclusive« potial number of inspections Federal violations found • Amount collected: Taxes and penalties# Offers in compromise • 2,353 196 $1,596.63 $3,415.00 ¡Classification of Federal violations: Pailure to have special tax stamp, 69 : Pailure to post special tax stamp, 31 Unstamped bottles • 2 | Unattached strip stamps ........ • • • • • 7 Uhdestroyed beer stamps • • . . . , « * • • • • * • • * • • • • . • » 7 5 Undestroyed wine stamps • 2 Refilled bottles • 9 i Untaxpaid liquor . . . . . . . . . . . . ............. . . . . . . . 0 ..................... .. • 0 Pailure to destroy empty liquor bottles • | .Referred to Enforcement . . . . . . . . . . ....... 1 TREASURY DEPARTMENT Washington Jime 3, 1935. M O R A E D U M FOR THE PRESS RETAIL LIQUOR DEAL3R INSPECTIONS> PHILADELPHIA For the Period April 3~May 51« Inclusive. Total number of inspections. , . . . * • .......... 4,186 844 Federal violations found Amount collected: Taxes and penalties. Offers in compromise Classification of Federal violations: Failure to have special tax stamp. • Failure to post special tax stamp . Unstamped hottles. . . . . . . . . . Unattached strip stamps, . . . . . . Undestroyed Leer stamps. . . . . . . Undestroyed wine stamps. . . . . . . Refilled Lotties . ........... .. • Untaxpaid liquor. . . . . • • • • • Failure to destroy empties. . . . . Referred to Enforcement . . . . . . Referred to Permissive • • » . . • . . . • • • * $10,533.05 $10,477.50 • « 489 149 0 44 123 0 32 5 0 17 18 TREASURY DEPARTMENT Washington June 3, 1935 MEMORANDUM FOR THE PRESS, LIQUOR DEAL-SB. INSPECTIONS. SAN FRA NCISCO. OAKLAND, & LOS ANGELES For the Period May l~May 31, Inclusive. 7,870 Total number of inspections • # • • • • ............. 1,036 Fédéral violations found Amount collected; ^ Taxes and penalties • • • • • * • * ............... * Offers i n •compromise* # . « • • • • • • • • • • * * * * * $5,438*84 515*00 * Classification of Federal violations» , * * 244 Failure to have special tax stamp*.•• • • • * * * * * 203 Failure to post special tax stamp . * . . # « • • ........ 175 Unstamped "bottles* • • • • • • • • • ............... 65 Unattached strip stamps. • * . * * * • * * V * * * * * * 6 Undestroyed strip stamps ♦ * • • • • • ............. 89 Undestroyed Leer stamps ........... * * * * * * * * * * ! . . 113 Undestroyed wine stamps. • • • * * * * * * * * * * * * # # f . 34 Refilled hottles • • • • • • * * * " * 71 Untaxpaid liquor • • • • • • • * • • * * * * * * * * 4 Unstamped tapped "beer. • • • • • • • • * * * ' * * , . * • 9 Undestroyed empty liquor bottles • ♦ ♦ • • * • * * * * ' * * # 22 Marks and brands not removed from case * . . . . • • • • • • 1 Re c t i f y i n g . ...........* * .......... * * * * * * * 5 # • Referred to Enforcement V* TREASURY DEPARTMENT Washington June 3, 1935* UMQRANDUM POE THE PRESS BETAIL LIQUOR DEALER INSPECT IONS ,IUSW .YORK_GITY Par the Period February 4. May 28. Inclusive» Total number of inspections: First visits # # . • • • • S econd vi s i t s # • • • • • • . • • • » • • * . . • . 20,653 2,800 » - Total • • • • * • • « • 23,453 Federal violations found: First visits • • • • • Second visits • • • • 3,324 360 3,684 Total# . . # • • • * • • Amount collected: Taxes and penalties. . « ........ First visits . . • • « • • • • • • • • • • Second visits • * ’ •'* $45,222.08 2#701.90 $47,923.98 $43,470.52 5,722.00 $49,192.52 Offers in compromise First visits# • • • Second visits • • • Classification of Federal violations* First visits Failure to have special tax stamp # * • • • Failure to post special tax stamp * • • • • Refilled bottles • • • • • • • • • • ' • • Bottles with, no strip stamps attacned « • • Unattached strip stamps • • • • • • • • ■ • Unattached beer stamps . • « • • • • * • • * Failure to destroy attached beer stamps. . . Hon— taxpaid' alcohol. • * • • • • _ • * • * * * Failure to destroy empty liquor bottles. . . Beer barrel with no beer stamp attached. . . 1,930 220 102 • • * * 368 203 268 138 • 8 13 33 39 ITon-taxpaid wine .......................... . . • * • • • • Failure to destroy wine stamps.......... .. Second visits I f Failure to have special tax stamp • ........ Failure to post special tax stamp . . . . . . Refilled bottles ....................... * Bottles with no strip stamps attached. . . . f t • • • • Unattached rtrip stamps Unattached beer stamps . . • • • • • • • • • Failure to destroy attached beer stamps . . . Non-taXpa-id alcohol .........../ 1/ ' Failure to destroy empty liquor botJ.es . Beer barrel with no beer stamp attached . Hon— taxpaid-wine Failure to destroy wine stamps * « • • • • NOTE! Second visits were started on April 23. 2 * ' . . • • • • 161 6 15 55 30 41 16 0 o (sj 13 7 14 O New York City*— page 2 Action-taken by police department: First visits ___ Number of arrests« • • • • • • .............^........... .. * • * __ Number of cases referred to New York State Liquor Authority • • • Ij350 Violations corrected by Inspection Unit......................... 5,247 Second visits $ Number of arrests* • ....................... • • • • * • • • * • Number of cases referred to New York State Liquor Authority • « • 289 Violations corrected by Inspection Unit . ........... .. . . « • 704 \ THEAS UR Y DEPARTMENT Washington imuflBMTOTJM T O THE PRESS Jrale 3 > 1935‘ tiWW.TPTS OF SILVER BY THE MINTS AM) ASSAY OEFICSSi _ . . (Under Executive Proclamation o f D e c e m b e r 21, 1933) as amended Week ended May 31, 1935: Philadelphia. ................ ...... ** ........ ***** San P r a n c i s c o .... ......... ........ ............ •• Denver .... * •......... ......•* Total for week ended May 31, 1935............. . Total receipts through May 31, 1935.......... ...... — fine ounces 237,977»76 9 f976,00 247,953,76 36,178,000,00 " " B " " 11 SILVER THAI!SPURRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended May 31, 1935: Philadelphia. ...................... . Hew York.......................................... ** San Prancisco.......... ........... * ...... *...... ** Denver .............. .............................. New Orleans....... ....... Seattle........ ...................... .......... Total for week ended May 31, 1935 Total receipts through May 31, ...................... 233.00 fine ounces 4,304,00 " " 122.00 11 rt 56.00 328,00 209,00 5,252700 112,850,121.00 " " * " " ” n ” " RECEIPTS OP GOLD BY THE MINTS AND ASSAY OPPICES.: Week ended May 31, 1935: Philadelphia New York ................. San Prancisco,............ Denver.......... , . New Orleans..... ......... Seattle. Total, for week ended May 31, Secondary^ _____ Imports ....... $ 18,520.78 ....... 90,765,200,00 ....... 11,552.32 ....... 49,930.00 ....... 359,44 1935...$90,845,562.54 $ 146,340,63 405,000,00 68,283,56 38,340.00 39,179,72 1 4 f270.68 $ 711,414.59 >0LD RECEIVED B Y PEDEBAh RESERVE BANKS A N D THE TREASURER S New Domestic $ 1,687.00 96,800,00 .813,430.53 730,105.00 2,740,72 85.735.69 $1,730,498.94 OPPICI. (Under Secretary*s Order of December 28, 1933) Received "by Pederal Reserve Banks: Week ended May 29, 1935. Received previously. Total to May 29, 1935.••••••*»»••• Received hy Treasurers Office; Week ended May 29, 1935.«••»«.»• Received previously.»..•••*.#««» Total to May 29, 1935..••»«•«••••* NOTE: Gold Coin . $ 26,197,52 30,374.193.21 $30,400,390.73 Gold Certificates $ 386,430,00 91~391.090.00 $91,777,520.00 0 0 0 ,0 0 262,006.00 262,006.00 Gold bars deposited with the New York Assay Off ice to the amount of $200,572.69 previously reported. $ 7,300,00 2,142.400.00, $ 2,149,700.00 TREASURY DEPARTMENT Washington The following text of an address "by Henry Morgen than, Jr* , Secretary of the Treasury, "before the Tax: Revision Council in Washington, D.C* at 10.30 A.M* Eriday, June 7, is for release upon delivery* I appreciate the invitation to take part in this discussion of the problem of conflicting and overlapping taxation* It is an old problem and not confined to the United States, but it grows more complicated, more difficult, and more acute with the years* At present we find it so acute in our country that it must be faced, and the fact that we are facing it raises the hope that we shall soon be taking important steps to solve it* The depression has brought this problem into prominence by impairing the usual sources of revenue, thus causing our various governmental units to compete with each other for new sources and for greater yield from, the old sources. This competition has produced numerous unfortunate results* Eor examnle, certain states have discovered tnat their taxes drove busineso into neighboring states; others have revised their tax laws primarily to attract business. Tax evasion, in all of its forms, has been increased by the fact that our machinery for the levying of taxes is out of equilibrium. Wt. find *iumo states imposing taxes previously levied solely by the federal government and therefore having to set up duplicate administrative machinery, ihe federal Government has also tapped sources of revenue previously regarded as for the states alone. The conflicts between local and state governments in the field of taxation are too numerous even to be catalogued during fhe few minutes I shall address you* thorny details* Every phase oi tnis problem bristle^ with The principal contribution that I should like to make to your deliberations on this subject is a definition ofthe basic problem. With the definit mind we arc ready to divide the problem into its many part.,, and take in detail. The basic problem, as I see it, is to be just to tne tax payer. Independent levying of taxes by all of the various taxing authorities, witnout due consideration for the tax structure as a whole, has often resulted in unfair and uneconomic distribution of the burden. Thi.. i-> unju. therefore, affects the very foundations of government. of the citizen in his daily task of earning a living» should be approached.with this point of view. but that is a detail. , It touches the welfare I think the problem Duplicate taxes cause waste, The greater problem is to restore equilibrium in the ... • 4.. -Kn -foir and lust» tax structure as a whole, in order, primarily, u is not as important as the injustice. The waste It is entirely possible that.we attack the problem of waste and solve it without removing injustice. If we considered the matter solely from the point of view of the efficient tax gatherer it would become a technical problem. You could sum m a n z o it question of how to get tho most money with the least expense. State terms the problem of this democratic government would be no different frffln that of any ancient tyrant. He had to raise money to support his government and he tried to get as nruch as he could with the least possible expense. A considerable part of the oppression which characterized tyranny was a direct result of taxation for revenue only, without regard to justice# We must remember that, to the individual citizen, taxes are taxes, and that it makes no difference to him which agency is most at fault for any injustice he suffers. The tax structure should be sound, and the responsibility for making it so, rests upon every part of our government. When each taxing authority is guided only by its own immediate needs, and levies regardless of -3« the existence of identical or. similar taxes imposed "by other government -units, the structure cannot he sound* The problem of how to he fair in levying taxes is not easy, and perfection is out of the question; hut the very complexity of the question qpakes it necessary for us to he striving constantly toward perfection because of the neverending drift in the opposite direction* We must he careful to guard against injustices as between geographic sections of the country, as between commodities, and industries, no less than as between individuals* An unjust distribution of the tax burden immediately creates artificial obstacles, and their disturbing influence is injected into the economic life of the nation* I think it would be a great mistake, therefore, to think of our problem as limited to the removal of such administrative conflicts as now exist between the Federal, State, and local governments with respect to taxes* Certain types of new taxes which have been adopted as emergency measures might well be left to their administrative difficulties, in the hope that they will be discontinued* It would be a mistake, in my opinion, to accept as oui.main problem the task of making it easier to collect and administer all taxes* What, then, should be our immediate approach to the problem? We may as well forego at the outset, the approach that would disregard the historical development of our political institutions, and attempt to recast our whole Government from top to bottom in such fashion thao all governmental functions would be redistributed between Federal, State, and local units according to some ideal pattern. The practical objection to setting up such an ideal system of taxation, based upon a thorough redistribution of all governmental functions, is that we would be forced to spend the rest of our lives contemn plating the impossibility of putting it into effect* To be practical, m this ~4~ j our.utmost + 4to -r f ’nrT'pft grave p'l’S/V6 abuses wx'tb.O’ u.'b attemitting to connection, we must, do correct rec0,st our whole machinery» On the other hand, I don*t -believe that it would "be wise to go to the other extreme; that is, to m k e a list of all of the specific types and cases of conflicts and overlapping, and attempt to take them up one.hy one» type of piecemeal tinkering is very slow and rarely effective. Tha Moreover, it is subject to the danger that each piecemeal solution, adopted without reference to fundamental principles, might produce new inconsistencies. a series of such piecemeal.solutions co-old easily result m And a badly distorted and unjust total tax structure» ' The best approach would he the fundamental one of considering the entire problem from the standpoint of the individual taxpayer. Tne first btep’ opinion, is to make a careful survey and analysis of the total tax structure of the country to determine just how the burden of our governmental exp is now distributed. Next, I would note what practicable changes in the combined tax structure of the country would produce a sound and more equitable i distribution of the total'burden. In the third place, I would concentrate f upon a few important and workable means of eliminating conflicts and overlapping L a manner consistent with > desirable tax structure, our analysis of what constitutes a fundamentally finally, having arrived at i few important possibili ties which we bnow to be fundamentally sound, we can then attempt to put them into effect. Bach progressive step tbat we succeed in achieving along this line would not be a compromise that might create new conflicts, but would complete part of our task. Bach fundamental step completed would provide a stepping-stone to make the next part of our program easier to achieve. 5 Wherever the problem has been attacked in this manner real progress has resulted* Several of the states are excellent examples but I am most familiar with what was done in Hew York State when Franklin D. Roosevelt was Governor. At his direction, the problem of equalizing the tax burden was studied by experts, and their reports are among the most valuable we have on tnis subject. In the rural areas of How York State, tax reforms of great social.value were put into effect, and remain as beacon-lights to direct our course. Mr. Roosevelt's interest in this problem has been intensified since he became President of the United States. At his direction the Treasury is undertaking a new study of overlapping taxes* This will supplement and carry further the excellent work on the problem of double taxation done by the staff of the Joint Committee on Taxation of the Congress for tne Ways and Means Committee in 1932. In proceeding along the course I have outlined, guided at eveiy step by the basic principle offairness, we should be careful not to assume that the revenue needs of our various governmental unit3 are.now fixed for all time. That assumption would load us into new difficulties* Our attack upon the problem of conflicting and overlapping taxation must be so basic that the solutions we arrive at are sufficiently flexible to provide for changing needs. In the case of some taxes, it is entirely possible that we shall find it desirable to make a rigid separation of sources between Federal, State, and local governments. In other cases, we might find that certain taxes now levied by numerous governmental units could bo best administered by tne Federal Govern mont, and the proceeds shared with the States. It is also possible that the states might handle certain of the taxes more easily than the Federal Government. - 6It would le highly* desirable to center considerable attention upon the principles that should govern the allocation of such revenue# In conclusion, I strongly urge that the technical details of taoc-gathering, and even the essential matter of supporting the government, be considered secondary* in importance in your deliberations, and that first consideration be given to the vital question of justice to the tax-payer# simplifies the task and leads directly to the ¿50a!# That course POR RELEASE, MORNING- PAPERS, Friday, June 7, I Q o # * ^ TREASURY DEPARTMENT STATEMENT BY SECRE'TARY MORG-ENTHAU fhe Secretary of the Treasury gives notice that tenders are invited for two ¡series of Treasury hills to the aggregate amount of $1 0 0 ,0 0 0 ,0 0 0 , or thereabouts. lOne series will he 133-day hills and the other series will be 273-day hills. Both eries will he sold on a discount basis to the highest-bidders. Tenders will he »received at the federal Reserve Banks, or the branches thereof, up to two o'clock jp.m., Eastern Standard time, on Monday, June 10, 1935. Tenders will not he received at the Treasury Department, Washington* The Treasury hills will, as stated, he issued in two series, $50,000,000, or ¡thereabouts, maturing on October 23, 1935, and $50,000,000, or thereabouts, Maturing on March 11, 1936; both series to he dated June 12, 1935. Bidders will he required to specify the particular series for which each tender is made. The face amount of the hills of each series will he payable without interest on their [respective maturity dates. Hie hills will oe issued in hearer foim only, amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value)* It is urged that tenders he made on the printed forms and forwarded in the ,‘ envelopes _ -i . -i will .I-. * u supplied rin-n-iiii oiri woy thp Banks or "branches special which he ine 'Federal jeaeiclx Reserve a upon application therefor* I Ho tender for an amount less than $1,000 will he considered. must he in multiples of $1,000. Each tender The price offered must be expressed on the basis of 100,.with not more tiian three decimal places, e.g., 39.125. fractions must not "be used* I Tenders will he accepted without cash deposit from incorporated hanks and trust companies and from responsible and recognized dealer*» in inveotme ties. Tenders from others must he accompanied by a deposit of 10 per cent of the race amount of Treasury tills applied for, unless the tenders are accompanied by | express guaranty of payment by an incorporated hank or trust company. Immediately after the closing hour for receipt of tenders on June 10, 1935, L tenders received at the Federal Reserve Banks or tranches thereof up to the ¡closing hour will te opened and public announcement of the acceptable prices for Lcli series will follow as soon as possible thereafter, probably on the following ¡morning. L The Secretary of the Treasury expressly reserves the right to reject or all tenders or parts of tenders, and to allot less than the amount applied (for, and his action in any such respect shall be final. •specifically refer to a particular series will. b e_snhjnot to rejection. Those E m i t t i n g tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for 'Treasury.bills allotted must be made at the Tederal Reserve Banks in cash or other ionediately available funds on June 13, 1935. j v n i c w - m Tip exornDt as to principal and interest, and any gain The Treasury hills will be exempt, «-s i * from the sale or other disposition thereof will also be exempt, from all taxation, ¡except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550 ruling that Treasury bills are not exempt from the gift tax). , m „„„ v.-i-i the sale or other disposition of the Treasury or otherwise recognized, for the purposes No loss from^ „>,„1 *1 ■v1p, allowed as a deduction, „j? r-.y~.-tr for now or hereafter imposed hy f <- / [the United States or any of its possessions# I Treasury Department Circular No# 418, as amended, and this notice ppeocr the terms of the Treasury hills and govern the conditions of their issue, 5 of the circular may he obtained from any Federal Reserve Bank or branc- copies TREASURY DEPARTMENT Washington IffiMORAHDUM POR THE PRESS Jiane 10» 1935# RECEIPTS OE SILVER BY THE MINTS AND ASSAY OFFICES; (Under Executive Proclamation of December 21, 1933) as amended ! Week ended June 7, 1935: Philadelphia* ......... ........................... San Erancisco .............. ................. . •• • Denver*............. ........ ...................... I Total for week ended June 7, 1935*................. | Total receipts through June 7, 1935*............... . ----— . fine 194.649.70 8.832,00 203.481.70 36,382,000.00 ounces " H " " " " " " | SILVER TRAITSEERBED TO TOUTED STATES: I (Under ^Executive Proclamation of August 9, 1934) Week ended Juno 7, 1935: Philadelphia*..................... Few York .................. . San Erancisco...... ............. . Denver............................ Hew Orleans......... ............. Seattle .......... *........ . Total for week ended June 7, 1935... Total receipts through June 7, 1935, 2.073.00 fine ounces 6.572.00 » « 235.00 » n 169.00 « “ 501.00 » " . . 438,00. ” n 9,988o00 » * 112,860,109.00 ** " RECE IPTS OE GOLD BY THE MINTS AHD ASSAY OPE ICES: Week ended June 7, 1935: Philadelphia.............. How York........... . San Erancisco Denver...... ............ « Hew Orleans »..... . Seattle .................. Total for week ended June 7, ...... ...... ....... Imports 21,089,25 66,943,100,00 72,882,83 31,015.00 16,458,41 1 9 3 5 ! !1$67,084^54^49 Hew . Secondary . Domestic $ 315,344,22 $ 1,544,97 496,500,00 134,400,00 71,588,95 1,720,440,98 34,065,00 736,765,00 60,024,71 3,276,72 22.852,81 ___ 187*703,45 1,000,375.69 $2,784,131.12 OEEICE: GOLD RECEIVED BY EEDERAL RESERVE BARKS A E D ,.TI^ TREASURER,jS ----------(Under Sccretary*s Order of December 28, 1933) Received by Ecdoral Reserve Sanks:_____ Gpld Coin. Week ended June 5, 1935* «*••••*, $ . 62,469*02 Received previously**..... ....* ^J|Q^400.390o73__ Total to June 5, 1935**...... ..,,$30,462,359*75 Received by Treasurer*s Office: Week ended June 5, 1935*.... . $ Received previously* .Total to June 5, 1935........... •4» HOTE: Gnlrl Certificates 400,00 262,406.00 Gold bars deposited with the New York Assay Office to the amount of $200,572.69 previously reported. $ 3 4 5 ,2 1 0 ,0 0 _ 9 1 j7 7 7 .5 2 0 .0 0 $ 9 2 ,1 2 2 ,7 3 0 .0 0 $ 5,100,00 2 t149.700.00 $ 2,154.800.00 TREASURY DEPARTMENT Washington MEMORANDUM POR THE PRESS June 10, 1935. RETAIL LIQUOR DEALER INSPECTIONS, MILWAUKEE. For the Period April 9-June 6 , Inclusive. Total number of inspections ......... .. .. ....................... Federal violations f o u n d .......... "............................ Amounts collected in taxes, penalties, and offers in compromise for Federal v i o l a t i o n s.... ........... ......... Glassification of Federal violations: Failure to have special tax stamp ........ ... . ......... .... .... ............... . Failure to post specia.1 tax stamp Unstamped bottles .. ......... . Unattached strip stamps ....... .............................. Refilled bottles .... ............ ........ ............... . Failure to destroy empty bottles ....... . ..................... Unattached beer stamps ...... .............................. .. Failure to destroy attached beer stamps ....................... Rectifying ............... ............ .............. . Failure to destroy marks and brands ......................... . Untaxpald wine and liquor ...... ...... ........ ............ . 3,104 607 $ 8,568.62 93 77 84 17 10 0 0 180 1 136 9 TREASURY DEPARTMENT Washington MEMORANDUM FOR THE PRESS June 10, 1935. RETAIL LIQUOR DEALER INSPECTIONS, NEW YORK CITY. Por the Period February 4-June 5. Inclusive. Total niraber of inspections: First visits ............................................ ,... Second visits ................ ................ ’........... t Total ............... 20,770 3,840 24,610 Federal violations found; First visits .................... Second visits ................................................. Total ............... 3,382 486 3,868 Amount collected; Taxes and penalties— First visits ................................... Second visits .................................. Offers in compromise— First visits .................. ................ Second visits .................... ............. ' *. $46,164.31 3,509.19 $ $44,230^52 8,042.00 $ 52,272.52 Classification of Federal violations: First visits— Failure to have special tax s t a m p ......................... Failure to post special tax stamp ............ Refilled Lotties ........................ ................. .. Bottles with no strip stamps attached. ..................... Una.tta.ched strip stamps ............... Unattached "beer s t a m p s .......... Failure to d.estroy attached Leer stamps ................... Untaxpaid. alcohol .......................................... Failure to destroy empty liquor "bottles .................. . Beer barrel with no beer stamp a t t a c h e d .......... ........ Untaxpaid wine ........... ................................. , Failure to destroy wine stamps .................. ......... . Second visits— Failure to have special tax stamp ........................* Failure to post special tax stamp ....................... . Refilled bottles .................... Bottles \vith no strip stamps attached...................... Unattached strip stamps .................................... * Unattached beer stamps ................ ’........... # .....■. Failure to destroy attached beer stamps ................... * Untaxpaid alcohol ............................... Failure to destroy empty liquor bottles ................... Beer barrel with no beer stamps attached. ................. Untaxpaid wine ......... Failure to destroy wine stamps ....... . ‘............. . NOTE: Second visits were started, on April 23. 49,673.50 1,974 223 102 372 204 269 141 8 13 33 42 2 212 g 27 87 45 ac 37 0 5 24 9 25 2 Action taken “by police department; . . . . First visits— * ' 'I ■■ 'zrzc Humber of arrests ...................... ?.......... .......... . 000 Humber of cases referred to Hew York State Liquor A u t h o r i t y .... 1,363 Violations corrected hy inspection u n i t .... ..... ......... . 5,269 Second visits— Humber of Prrests ...................... ............... ......... ™ Humber of cases referred to Hew York State Liquor Authority ..... 390 Violations corrected by inspection unit .............. «......... 918 TREASURY DEPARTMENT Washington MEMORANDUM FOR THE PRESS June 10, 1935 RETAIL LIQUOR DEALER INSPECTIONS, PHILADELPHIA. For the Period April 3-June 7. Inclusive. Total number of inspections ....................... . 4,602 Federal violations found ......................... ............ 915 Amount collected: Taxes and penalties ............................ ............ $10,983.85 Offers in compromise ........................ ................ $11,462.50 Classification of Federal violations; Failure to have special tax stamp .......................... Failure to post special tax s t a m p ..... . Unstamped "bottles ................ ............... ........ . Unatte.ched strip stamps .... ....... ........... . Undestrqyed Leer stamps ..................... ....... . Refilled "bottles ............... .......... . Unte.xpaid liquor ....... .............. .... r..... . Rectifying ....... ............ . Referred to Enforcement .................... ....'...... . Referred to Permissive ................ ............... . , 525 162 0 48 135 37 5 1 18 18 TREASURY DEPARTMENT Washington MEMORANDUM FOR THE PRESS June 10, 1935. RETAIL LIQUOR DEALER INSPECTIONS, PITTSBURGH. Por the Period April 19-June 5, Inclusive. Total number of inspections ........ ...... ...... . * Federal violations f o u n d ..................................... ..... 2,526 219 Amount collected: # , .... ... Taxes and p e n a l t i e s ...... ............................ ........ . v 1**14*36 Offers in c o m p r o m i s e ........................ ...... *......... * 2,715.00 Classification of Federal violations: Failure to have special tax stamp Failure to post special tax stamp . Unstamped "bottles ..... . Unattached strip stamps .......... Undestroyed "beer stamps .......... Undestroyed wine stamps .......... Refilled "bottles .................. Referred to Enforcement ......... 75 33 2 8 87 0 11 1 TREASURY DEPARTMENT Washington MEMORANDUM POR THE PRESS June 10, 1935. RETAIL LIQUOR DEALER INSPECTIONS, BUFFALO, N.Y. Por the Period April 9 ~ June 7. Inclusive. Total number of inspections: • Pirst visits ...................... *.......... ............... Second visits ..................................... Total .. *........... 1,802 634 2,436 Pederal violations found; Pirst visits ............ Second visits ............ ....... .......... ................. . Total ............... 23$ ..... 36 274 Amount collected: Taxes and penalties— Pirst visits .................................... $ 1,191Ì94 16.68 Second visits .............. .................... $ 1,208.62 Offers in compromise— Pirst v i s i t s .............. ........................ $ 3,055’20 425.00 Second v i s i t s ....... ............................ . $ 3,480.20 Glassification of Pederal violations; Pirst visits— Pailure to have special tax s t a m p .... .................... . Failure to post special tax s t a m p ......... ............... . Unstamped "bottles..... . .......... .......................... Unattached strip stamps .......... ........ ...... ...... . Undestroyed "beer stamps ............................. . Undestroyed wine s t a m p s .................... . Refilled "bottles..... ........ ................. ............ Untaxpaid l i q u o r ...... ......... ........................ Beer "barrel with, no stamps a t t a c h e d .................. . Referred to Enforcement ......... .......................... . Second visits— Pailure to have special tax stamp ..... . Pailure to post special tax s t a m p .... ...... ........... . Unstamped "bottles ................. ................ . • Unattached strip stamps ............. ......... ........ . Undestroyed "beer stamps ........................... ........ . Undestroyed wine stamps ........... ......................... Refilled "bottles .................. ................ . Untaxpaid liquor ..................... ....... ............... . • Beer barrel with no stamps attached ............ . Referred to E n f o r c e m e n t ............... ........... ........ . NOTE: Pirst visits were completed May 29, 1935, Reinspections were commenced May 32, 1935 59 28 22 8 52 29 16 12 12 11 1 2 9 4 5 9 1 2 3 0 TREASURY DEPARTMENT Washington MEMORAJ'IDUM FOR THE PRESS June 10, 1935. RETAIL LIQUOR DEALER INSPECTIONS, SAIT FRANCISCO, OAKLAND, & LOS ANGELES. Por the Period May 1 - June 7, Inclusive. Total number of inspections ....... ................. . 9,584 Federal violations found ................................... . 1,339 Amount collected: Taxes and penalties ...................................... Offers in compromise ...................................... $ 7,329.78 $ 16,735.00 Classification of Federal violations: Failure to have special tax s t a m p ........................ Failure to post special tax s t a m p ................. . ...... Unstamped bottles ................................. Unattached strip stamps ............................. Undestroyed strip stamps ............. .................... Undestroyed beer stamps ................... .............. Undestroyed v/ine stamps ......................... ........ Refilled bottles ............................ ............ . Unstamped tapped beer ................ .................. . Undestroyed empty liquor bottles .................. . Untaxpaid l i q u o r ...................................... Untaxpaid w i n e ..................................... Marks and brands not removed from case ............... . R e c t i f y i n g .......... ............................ *......•. Referred to Enforcement 325 233 225 78 6 110 160 41 11 10 75 34 2 5 TREASURY DEPARTMENT POR RELEASE, MORNING- PAPERS, Friday, June 14, 1935* STATEMENT BY SECRETARY MORG-ENTHAU The Secretary of the Treasury gives notice that tenders are invited for two series of Treasury hills to the aggregate amount of $100,000,000, or thereabouts. One Series will he 133— day hills and the other series will he 273-day hills* Both series will he sold on a discount basis to the highest bidders* Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o*clock p*m*, Eastern Standard time, on Monday, June 17, 1935. Tenders will not he received at the Treasury Department, Washington* The Treasury hills will, as stated, he issued in two series, $50,000,000, or thereabouts, maturing on October 30, 1935, and $50,000,000, or thereabouts, matu ring on March 18, 1936; both series to he dated June 19, 1935* Bidders.will he required to specify the particular series for which each tender is made* The face amount of the hills of each series will he payable without interest on their respective maturity dates* The hills will he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value)* It is urged that tenders he made on the printed forms and forwarded in the special envelopes which will he supplied by the Federal Reserve Banks or branches upon application therefor* No tender for an amount less than $1,000 will he considered* must he in multiples of $1,000* Each tender The price offered must he expressed on the basis of 100,.with not more than three decimal places, e*g*, 99*125* Fractions must not he used* Tenders will he accepted without cash deposit from incorporated hanks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must he accompanied by a deposit of 10 per cent of the -3facG amount of Treasury M i l s applied for, unless the tenders are accompanied by an express guaranty of payment "by an incorporated "bank or trust company» Immediately after the closing hour for receipt of tenders on June 17, 1935, all tenders received at the federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices for each scries will follow as soon as possible thereafter, probably on the following morning» The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Any tender which does not specifically refer to a particular series will bo subject to rejection» Those .submitting tenders will be advised of the acceptance or rejectiOxi thereof, Payment at the price offered for Treasury bills sJlotted must bo made at the Fedepal Reserve Banks in cash or other immediately available funds on Juno 19, 1935. The Treasury bills will bo exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is incited to Treasury Decision 4550 ruling that Treasury bills are not exempt from the gift tax») Ho loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any.tax noy or hereafter imposed by the United States or any of its possessions» Treasury Department Circular No» 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies pf the circular may be obtained from any Federal Reserve Bank or branch thereof* TREASURY DEPARTMENT Washington inMflRawmM FOR TH5 PRESS RETAIL LIQUOR DEALER 1 7, 1935. INSPECTIONS. NEW YORK CITY. For the Period February 4-June 13, Inclusive. Total number of inspections: 20,833 4,817 25,650 Federal violations found: Amount collected: Taxes and penalties— 3,410 653 4,063 .... . $53,486.86 Offers in compromise— .. $55,257.52 Classification of Federal violations: First visits— Second visits— Refilled bottles ............................. .......... . NOTE: Second visits were started on April 23. 1,999 224 103 372 204 269 142 8 13 33 41 2 293 12 20 118 53 64 33 0 5 20 11 25 New York Gity - - 2 - Action taken by “police department. First visits— Humber of arrests ...................... . ? ?...... **tl * *! 1 ” Himber of cases referred to New York State Liquor Authority Violations corrected hy Inspection Unit ........... r ; f • Second.visits— Humber of a r r e s t s ...................... . Humber of cases referred to Hew York State Liquor Authority Violations corrected by Inspection Unit ................... 1 335 1,360 5,259 95 510 1,121 TREASURY DEPARTMENT Washington RETAIL LIQUOR DEALER INSPECTIONS. PITTSBURGH For the P eriod April 19*-June 13« Inclusive 2 760 Total number of inspections Federal violations found 255 Amount collected: * Taxes and penalties ........ ........... ........................; § 2 , 0 3 0 a O Offers in compromise ............................................. § 3,345.00 Classification of Federal violations; Failure to have special tax s t a m p ................. .............. Failure to post special tax s t a m p ............................... Unstamped "bottles............................................... Unattached strip stamps ....................................... . ‘ Undestroyed "beer stomps ...................... Undestroyed uine stamps .......................................3 Refilled "bottles ............................................ 1 4 Referred to Enforcement ..................................... . [ * * 84 36 o g 207 1 TREASURY DEPARTMENT Washington MEMORANDUM POR THE PRESS June 1? ig 3 5 Sg-m.IL LIQUOR DEALER INSPECTIONS. SAN FRANCISCO. OAKLAND. & LOS ARGELES For the Period May 1—June 14, Inclusive, Total number of inspections .................................... . Federal violations found ................. ............. .......... Amount collected: * Taxes and penalties .................................... ^ Offers in compromise ................... ........................ Classification of Federal violations: Failure to have special tax s t a m p ...... ......... .......... ’.j Failure to post special tax s t a m p ........ ...... 265 Unstamped bottles ..... . ............... .......... . Unattached strip stamps ........................ ^ Undestroyed strip stamps_...................... ............ . Undestroyed beer stamps .................................... .] ‘ Undestroyed wine s t a m p s ............... * Refilled b o t t l e s ........................ Y,Y, Unstamped tapped b e e r ............... ........................ . Undestroyed empty liquor bpttles ....... ............... 1 0 Untaxpaid liquor ........... ................ ...... ... i ! Untaxpaid wine............................ ...................... Marks and brands not removed from case .......... ............ . Rectifying ......................... ............ ............. . Referred to Enforcement ........................... ............ . 11,285 1,640 ' $ 9,055^71 § 20,790.00 402 280 87 5 128 333 58 23 78 35 43 2 5 TREASURY DEPARTMENT Washington umcmmiK for t h e pr es s June 17, 1935. RETAIL LIQUOR DEALER INSPECTIONS, BUFFALO. N.Y. For the Period April 9—June 14« Inclusive« Total number of inspections: First visits .............. ............................... ......... . ^ Second visits ................ .............. ’ ......... . .. i 802 996 Total .................... !... 2,793 Federal violations found: First v i s i t s ......................... ................. ............. Second visits ....................... ....... ’# ’ *.]...., Total ......................... 238 63 301 Amount collected; Taxes and penalties— First visits ..... Second visits ,... $ 1,191194 54.72 $1,246.66 Offers in compromise— First visits ...... Second visits ..... 0 3,055^20 715.00 $3,770.20 Classification of Federal violations: First visits— Failure to have s^jecial tax stamp ............. Failure to post special tax stamp ............. Unstamped "bottles........ .................... Unattached strip stamps ...................... Undestroyed "beer stamps .............. ^.... 1... Undestroyed wine s t a m p s ..................... .. Refilled "bottles ................ 1............ Untaxpaid liquor ............................... Beer "barrel with no stamps attached .......... Referred to Enforcement ................. . Second visits— Failure to have special tax stamp ............. Failure to post special tax stamp ............. Unstamped "bottles.................... . Unattached strip stamps ...................... Undestroyed "beer stamps .............. i.... Undestroyed wine stamps ........................ Refilled "bottles ............... ............... Untaxpaid liquor ............................... Beer "barrel with no stamps attached .......... Referred to Enforcement ....................... NOTE; First visits were completed Eay 29, 1935. Reinspections were commenced Eay 2 2 , 1935 59 28 22 8 52 29 16 12 12 11 • J« * f» •'ft f? 0 rtf 90 1 1• 4 3 19 6 7 14 1 3 6 0 treasury department • ffasbi>.on MEMORANDUM FOR THE PRESS- June 17, 1935. RETAIL LIQJJOR DEALER INSPECTIONS. PffTT.A7W.PffTA . Eor the Period April 3-June 14, Inclusive. Total number of inspections .......................................... 5,047 Federal violations f o u n d ...................................... ....... 904 Amount collected: Taxes and penalties ........ ................................. ...,i § 11,406/69 11 987.50 Offers in compromise ........................................ . Classification of Federal violations! Failure to have special tax stamp Failure to post special tax stamp ....... . Unstamped D o t t l e s .............. ................................... . Unattached strip stamps ............ ................ ............. .. Undestroyed "beer s t a m p s .............................. . Refilled "bottles............ Untaxpaid liquor ............................ Rectifying.................. ............................. .........1, Referred to Enforcement ........ ......... .........................j Referred to Permissive ............................................... 551 168 0 53 145 38 6 1 19 18 TREASURY DEPARTMENT Washington June 17, 1935. memorandum e o r t h e p r e s s RECEIPTS o p s i l v e r b y t h e m i n t s AND ASSAY OE7ICES: (Under Executive Proclamation of December 21, 1933) as amended Week ended June i4, 1935: Philadelphia •.... ............. ............. . Sen Francisco ...... ............ ............... . D e n v e r .... ........................ . Total for week ended June 14, 1935 ............. . Total receipts through June 14, 1935 .......... . 149,962,39 fine ounces 305,695.65 » » 6,883l00 H n 462,541.04 H « 36,844,000.00 » » SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended June 14, 1935: 669.00 fine ounces Philadelphia ............................. ........ .. *. ii it 487100 New York ............ .............................. ... ii it 6,740*00 San Francisco ................................. . it ti 597100 Denver ........... ............ ................... . ii i i 471\00 New Orleans ...................................... . •> • ti t i 553.00 S e a t t l e......... ................ . ii it 9,517.00 Total for week ended June 14, 1935 .................. . h ii Total receipts through June 14, 1935 ................ .. 112,869,626.00 RECEIPTS OF GOLD BY THE MINTS AID) ASSAY OFFICES: Week ended June 14, 1935: __ Imports Philadelphia ............ . New York ........ .................. . 133,328,200.00 148,566.17 San Francisco ....... , D e n v e r ..................... ......... 45,723100 New Orl eans ................. . ,f, 524.25 Seattle .............................. Total for v/eek ended June 14, 1935 •••• $133,523,013.42 New.. Domestic Secondary 275.49 $224,274.45 $ 128,800.00 237,600loo 1,970,238199 65,606194 686 120,00 56,116l00 54,075153 22 f.386.28— $660r079'i20 $2,848,706.87 , GOLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER1 S OFFICE: (Under Secretary’s Order of December 28, 1933) Received by Federal Reserve Banks: Week ended June 12 ..... . Received p r e v i o u s l y .... ........ . Total to June 1 2 , 1935 ............... _____ Gold Coin $ 23,330,52 30,462.859,75 $ 30,486,190.27 Received by Treasurer’s Office: Week ended June 12 ................ . Received p r e v i o u s l y .... ........... Total to June 1 2 , 1935 .......... $ - - ~ ...... 262,406.00 $ 262,406.00 NOTE: Gold bars deposited with the New York Assay Office to the amount of $200,572.69 previously reported. Gold Certificates $ 439,970,00 92,122,730.00 $ 92,562,700.00 $ $ 8,900l00 2,154,800l00 2,163,700.00 treasury d e p a r t m e n t POR RELEASE, MORNING PAPERS, Friday, June 21, 1935* STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for two series of Treasury dills to the aggregate amount of $100,000,000, or thereabouts. One series will he 133-day hills and the other scries will he 273-day hills. Both series will he sold on a discount "basis to the highest bidders* Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o*clock p#m*, Eastern Standard time, on Monday, June 24, 1935* Tenders will not he received at the Treasury Department, Washington. The Treasury hills will, as stated, ho issued in two series, $50,000,000, or thereabouts, maturing on November 6 , 1935, and $50,000,000, or thereabouts, maturing on March 25, 1936; both series to he dated June 26, 1935. Bidders will "be required to specify the particular series for which each tender is made. The face amount of the hills of each series will he payable without interest on their respective maturity dates. The hills will he issued in hearer form only, and in amounts or denomina.tions of $1 ,0 0 0 , $1 0 ,0 0 0 , $1 0 0 ,0 0 0 , $500,000, and $1 ,0 0 0 ,0 0 0 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will he supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount loss than $1,000 will he considered. must he in multiples of $1,000. Each tender The price offered must bp expressed on the basis of 100,.with not mòre than throe decimal places, o.g., 99.125* Fractions must not "be used. Tenders will he accepted without cash deposit from incorporated hanks and trust companies and from responsible and recognized dealers in investment securi— M 0g# Tenders from others must ho accompanied by a deposit of 1 0 per cent of the ¡face amount of Treasury hills ajjplied for, unless the tenders are accompanied hy ¡an express guaranty of payment hy an incorporated hank or trust company* Immediately after the closing hour for receipt of tenders on June 24, 1935, all tenders received at' the Federal Reserve Banks or branches thereof up to the closing hour will he opened and public announcement of the acceptable prices,for each series will follow as soon as possible thereafter, probably on the following morning* The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot loss than the amount applied for, and his action in any such respect shall be final* Any tender which does not specifically refer to a particular series will be subject to rejection* Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must bo made at the Federal Reserve Banks in cash or other immediately available funds on June 26, 1935* The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes* (Attention is invited to Treasury Decision 4550,ruling that Treasury bills are not exempt from the gift tax)* No loss from the sale or other ^disposition of the Treasury bills shall be allowed as a deduc tion, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions* Treasury Department Circular Ho* 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of thoir issue* Copies of the circular may be ©brained from any Federal Reserve Bank or branch thereof# ooOoo (RA^ 'ML TREASURY DEPARTMENT Washington MEMORANDUM FOR THE PRESS June 24, 1935« RECEIPTS OF SILVER BY YES MINTS AID ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) as amended Week ended June 21, 1935: Philadelphia*..... ........... ............. ........ . San Francisco *........ ............... *..... . Denver............................ ...... ............. Total for week ended June 21, 1935 ........... . Total receipts through June 21, 1935*,........... . 951,396*24 fine ounces ii 289,662*20 u ti 12,570,16 » it 1,253,628*60 11 n 38,098,000*00 H SILVER TRANSFERRED' TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended June 21, 1935: Philadelphia ...................... Hew York.......................... San Francisco,....... ............ Denver*............ ............... Hew Orleans ............... . Seattle........................ Total for week ended June 21, 1935.. Total receipts through Juno 21, 1935 •••• 4,898,00 fine ounces n .... 7,765,00 " u .... 11,562,00 " it .... 1,064,00 " u .... 292,00 » u .... ________ 421*00 ” ir --26,002*00 '* .... 112,895,628.00 RECEIPTS OP GOLD BY THE MINTS AND ASSAY OFFICES: Hew Domestic Secondary Imports . Week ended Juno 21, 1935: $238,263,04 $ 676,23 Philadelphia............... $ - - — 87,400,00 33,401,500,00 323,500,00 Hew York .................. 879,165,21 88,214,47 26,391,63 San Francisco.•......... ... 614,536,00 53,096,00 34,510.00 Denver*.... ............... 271,55 33,311,66 459,57 Hew Orleans ............ . • • ~ ~ ~ 258.556,37 26,952*99 Seattle.................... Total for week ended June 21, 1935**$33,462,861*20 $763,338.16 $1,840,605.86 GOLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURERTS OFFICE: (Under Secretary*s Order of December 28, 1933) Received by Federal Reserve Banks: Gold Coin. Week ended June 19*.,***..... .. •••*$"~ 21,916,90 Received p r o v i o u s l y 30,486 *190*27i Total to June 19, 1935................$30,508,107.17 Received by Treasurer*s Office; Week ended June 19***.*..*...... ...,$ Received previously* Total to June 19, 1935................ $ NOTE: 1 ,200,00 262*406*00 263,606.00 Gold bars deposited with the Hew York Assay Office to the amount of $200,572*69 previously reported. Gold Certificates $ 312,500,00 92,562.700*00. $92,875,200* 00 $ 4,400,00 2.163.700*00 $ 2,168,100.00 TREASURY FOR RELEASEt MORNING PAPERS, Friday, June 28, 1935* department STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for two. ||series of Treasury hills to the aggregate amount of $100,000,000, or thereabouts. One series will he 133-*day hills and the other series will he 273-*day hills* both series will he sold on a discount basis to the highest bidders* Tenders will [he received at the Federal Reserve Banks, or the branches thereof, up to two j|o*clock p*m*, Eastern Standard time, on Monday, July 1, 1935* Tenders will not ¡[he received at the Treasury Department, Washington* The Treasury hills will, as stated, he issued in two series, $50,000,000,-oir j| thereabouts, maturing on .November 13,_ 1935,.. and $50,000,000, or 'thereabouts, _ ~ | maturing on April 1, 1936; both series to he dated July 3, 1935* Bidders "wilX be- • [-‘required to-specify the particular series for which each tender" is'made*-' fEhewface j|amount of the hills of each series will he payable without interest on their i respectiva..maturity dates.* • The hills will he...issued in bearer-form -only, ..and ,in |-amounts or, denominations .of $1,000, $10,000, $100,000,. $500,000>._.and $1,000-,000 I (maturity -value) • It is urged that' tenders he made..m the-printed forms a n d ~forwarded. .in the I special, envelopes- which...will he supplied by -the. Federal Reserve Banks or. branches II upon application therefor* No tender for an amount loss than $1,000 will he considered* | must ho in multiples of $1,000* Each tender The price offered must b<? expressed on the basis I of 100,.with not more than three decimal places, e#g#, 99*125* Fractions, must not : he used* Tenders -will he accepted without-cash deposit -from, incorporated hanks-and ! trust companies and from responsible and recognized dealers in investment.securi-* ties*. Tenders from others must he accompaniad-hy'a deposit of..10 per-cent of the. TREASURY DEPARTMENT Washington MEMORANDUM POR THE PRESS July 1 # 1935, RECEIPTS OP SILVER BY THE MINTS AND ASSAY OPPICSS: (Under Executive Proclamation of December 21, 1933) as amended Week ended June 28, 1935: Philadelphia* ................ . San Francisco ............. ....... .. Denver. ...................... Total for week ended June 28, 1935.... Total receipts through June 28, 1935*• 307,457*03 fine ounces 94,956,57 " H 4,686*00 n 11 407,099*60 » ” 38,505,000.00 n H SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended June 28, 1935: 703.00 fine oun Philadelphia .................... . ti 14,783*00 it New York............. ................................ it t i 188*00 San Francisco • ............... ...............:...... . i t t t 59*00 Denver ................ ................ . i t i t 435*00 New Orleans .............. ...... ................... . it 192.00 ti Seattle .... .................................. . t i « 16,360*00 Total for week ended June 28, 1 9 3 5 ............. ..... i t i f Total receipts through June 28, 1935*............... 112,911,988.00 RECEIPTS OP GOLD BY THE MINTS AND ASSAY OFFICES: Week ended June 28, 1935: Philadelphia. New Y o r k ...... . San Francisco ............. Denver............... ...... New Orleans Seattle.......... .......... Total for week ended June 28, Imports ..... $ 15,560*75 ..... 9,963,200.00 ..... 281,701*20 ....,, 17,913*95 •••*•» *"* 1935..$10,278,375*90 New Domestic Secondary 2,821*67 $186,706*94 $ 127,500*00 309,700*00 848,064*87 73,459*66 499,023*00 7,548*00 195*52 52,073*32 374^872*33 16,050*85 $645,538«77 $1,852,477.39 GOLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURERS OFFICE: (Under Secretary*s Order of December 28, 1933) Received by Federal Reserve Banks: Gold Coin Week ended June 26 ••••••«•.••••.•..$ _ 20,399*30 Received p r e v i o u s l y . . 30.508,107*17 Total to June 26, 1935............. .$30,508,506.47 Received by Treasurer*s Office: Week ended June 26 ••*•••......... *$ Received previously ......... ....... Total to June 26, 1935............... 4 Gold Coin 300*00 263,606.00 263,906.00 NOTE: vGold bars deposited with the New York Assay Office to the amount of $200,572.69 previously reported. Gold Certificates $ 433,560*00 92,875,200.00 $93;'308,760.00 Gold Certificates $ 4,700*00 2,168,100.00 $ 2,172,800.00 ’ POR RELEASE, MORNING PAPERS, Friday, July 5, 1935# HifflASURY DEPARTMENT STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for two. [series of Treasury hills to the aggregate amount of $100,000,000, or thereabouts# ¡One series will he 133~day hills and the other series will he 273-day hills# Both ¡series will he sold on a discount basis to the highest bidders. Tenders will he [received at the Federal Reserve hanks, or the branches thereof, up to two o 1clock |p*m., Eastern Standard time, on Monday, July 8 , 1935# Tenders will not he received ¡at the Treasury Department, Washington# The Treasury hills will, as stated, he issued in two series, $50,000,000, or ¡"thereabouts, maturing on November 20, 1935, and $50,000,000, or thereabouts, matu¡ring on April 8 , 1936; both series to he dated July 10, 1935. Bidders will he ?required to specify the particular series for which each tender is made# The face Iamount of the hills of each series will he payable without interest on their respective maturity dates# The hills will he issued in hearer form only, and in ¡amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 I(maturity value)# It is urged that tenders he made on the printed forms and forwarded in the 1special envelopes which will he supplied by the Federal Reserve Banks or branches :upon application therefor# No tender for an amount less than $1,000 will he considered# :be in multiples of $1,000# Each tender must The price offered must he expressed on the basis of 100,.with not more than three decimal places, e#g#, 99#125. Fractions must not he \used# Tenders v/ill he accepted without cash deposit from incorporated hanks and trust companies and from responsible and recognized dealers in investment securi; ties. Tenders from others must he accompanied by a deposit of 10 per cent of the !> — 3— iface amount of Treasury "bills applied for, unless the tenders are accompanied "by an express guaranty of payment "by an incorporated "bank or trust company# Immediately after the closing hour for receipt of tenders on July 8 , 1935, all tenders received at the Federal Reserve Banks or "branches thereof up to the closing hour will be opened and public announcement of the acceptable prices for each series will follow as soon as possible thereafter, probably on the following morning# The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final# Any tender which docs, not specifically refer to a particular series will be subject to rejection# Those submitting tenders will be advised of the acceptance or rejection thereof* Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on July 10, 1935* The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes* (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax)* ho loss from the sale or other disposition of the Treasury bills shall be allowed as a deduc tion, or otherwise rocognizodj for the purposes of any.tax now or hereafter imposed by the United States or any of its possessions* Treasury Department Circular ho* 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue# Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof* £'tU h ^ a a .. I o £A i * m s r Bx B M irliii cEOliETintT Oi.' 'iiiE.THEJicjilRlL TO THE WAYS M B MEANS COMMITTEE ON PROPOSED TAXES I am glad to respond to the request of §opr Chairman,. Mr. Robert L, Doughton, feat I appear ana discuss briefly.* from the Treasury* a point of view, the principles ad policies for obtaining additional revenues which the President has outlined in is message to the Congress. The Chairman of your Subcommittee on Taxation, Mr. Samuel B. Hill, subitted to the Treasury a number of hypothetical rate-schedules and requested the department to prepare for your Committee estimates of the probable amount of revenue feat would be produced by each of these rate-schedules. o furnish this statistical material for the use of your The Treasury is very glad Committee and will be feppy to supply any additional information which your Committee may desire for use in the discharge of its responsibility for the formulation of revenue legislation. .get and. rodLucing the 9 gi slat,ion w?hich ;islation which y■our your Committee is y raise, a.l.thoughi it onaidering relates to the revenue 'which it may all consequences of tax laws are ¿nised that taxation, in to the revs¡nuGo t’hey iUcIiiV O O-L-LC:.l;Ci. ca- 1 ef'ie ZLIiC0 taxes■ cannot eJune>t be levied without ¡fur whole economic and social life, and that, G since pese collateral results and since they must be levied, there is a national duty |o avoid tax laws which produce undesirable social consequences and a like duty to - 2 - Direct evils produced by existing tux legislation as they become apparent. I hink it will be generally recognized that our tax legislation has too often ieglected these considerations. - 0- Tne sources of taxation proposed by the President in his Message to the iongress of June lb, 1931 can be made to yield substantial additions to the reeipts of the Federal Government. This is shown in our estimates of revenue based ipon the schedules of rates submitted by your Subcommittee to the Treasury for lculation of probable yield. |biliby to pay. These proposed taxes rest on the principle of They are devised to draw on accumulations of wealth and income hich, for the most part, have been derived from nation-wide activities. In onsequence, their enactment should constitute an important step forward in re— haping our tax structure along sounder and fairer lines. The Treasury’s first concern is with the adequacy of the national revenue, fhere are times of emergency when the Treasury must finance expenditures in excess income by borrowings which increase the public debt. But the national welfare iemands that, then such an emergency has passed, sufficient income be raised both IP meet current expenditures and to make substantial reductions in the debt. !|ime has come to move in this direction. px burdens which would retard recover;). The It would, of course, be unwise to impose But it would be equally unwise not to p H on sources of revenue which would reduce our* borrowings amid later reduce the national debt without interfering with recovery, and it is my belief that the dditionnl taxes which the President has now recommended fall within this latter lass. 3 - Because of our common r os pons i Dility for safeguarding the national credit, p © ere all vital 1/ concerned in the use which is to be made of the revenue that ¡may be derived iron the proposed taxes, l| Secretary of the Treasury, it is my ;conviction that it Tvoulci be perilous to regard any part of these new revenues Ls available for new types of expenditures or as justifying any increase over our carefully budgeted plans for Federal outlays. The course which I feel sure [will appeal to all of you as the only sound procedure is that the revenue derived from these new taxes shall be regarded as very definitely earmarked for reducing future borrowing and paying off the public debt. IrVe should set aside the proceeds of these new taxes and safeguard them as carefully as was the Stabilization Fund. Some months ago in discussing monetary matters, I spoke of the increment on gold resulting from revaluation as having been placed in a special drawer of the Treasury’s cash register, since it was being kept separate from other funds and was not to be used for ordinary expenditures. Silver seigniorage resulting from the Silver Purchase Act is being similarly handled. In closing I should like to repeat that I think it would be in the highest public interest to regard the proceeds of these taxes as occupying a third special drawer in the Treasury, available only to reduce our borrowings and later reduce the national debt. •oOo TREASURY DEPARTMENT Washington July 15, 1935. MEMORANDUM PQR THE PRESS OF s i l v e r b y t h e m i n t s a n d a s s a y OPPICES: (Under Executive" Proclamation of December 21, 1933) as amended receipts Week ended July 12, 1935: Philadelphia*««***.•••••••*•••••.. San Prancisco*................................ ...» Denver* Total for week ended July 12, 1935....... *..... . Total receipts through July 12, 1935*.............. 405,793?86 fine ounces 209,845? 25 " 11 6,043?00 * " 621,682*11 11 11 39,923,906.94 » ” SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended July 12, 1935: 416?00 fine ounces Philadelphia* n 1,804?00 * New York .......................... ......... . it 6,049?00 " San Prancisco*................................. . ii 990.00 « Denver...................................... . ii 438?00 H New Orleans**........ *...... .......... • •....... . Seattle* *»••••••♦•••••••••••••••••?••••••••••••** ii 9,697.00 H Total for week ended July 12, 1935............... ii Total receipts through July 12, 1935?............. . 112,924 489*00 " RECEIPTS OP GOLD BY THE MINTS AND ASSAY OPPICES: flew Week ended July. 1?,. 1935? 1 ’ ,. .., . Imports,__ Philadelphia*•*..•.«*.•.•*...•**..«•$*^¿724?62 ? New York 1,529,200*00 San Francisco*•*••••••••.•«.••••.*•• 234,209?83 D e n v e r * 35,742*00 New Orleans...... •.*,..••••••»•••** 14,168*83 Seconda ry... 262,024*18 $ 372,500*00 52,570.63 701,043.00 51,333*44 Lppmestic ~l",230?29 82,100*00 1,589,580*79 713,862.00 221*39 Total for**79Jek*enjed July,12“ .1935.. ..$1,829,045.28 $1,439,471.25 $2,386,994.47 GOLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER!S OFFICE: (Under Secretary*s Order of December 28, 1933) Received by Federal Reserve Banks! Gold Coin . Week ended July 10, 1935*....... ...J 15,226*80 Received previously*..•••••••••.•••. 30*557«148.27 Total to July 10, 1935*..... ...... ..*$30,572,375.07 Received by Treasurer*s Office: Week ended July 10, 1935*...........$ Received previously.••••••••.... . Total to July 10, 1935............... $ NOTE: 000*00 263*906*00 263,906.00 Gold bars deposited with the New York Assay Office to the amount of $200,572.69 previously reported. Gold Certificates $ 361,750*00 93.547.520.00 $93,909,270.00 $ 4,400,00 2.176.600.00 $ 2,181,000.00 POP RELEASE, MOPPING- PAPERS, Priday, July 12,.1935# t re asur y d e p a r t m e n t STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for j|Treasury hills to the amount of $50,000,000, or thereabouts» They will he 273«day Mils; and will he sold on a discount basis to the highest bidders* Tenders will ¡he received at the Federal Reserve Banks, or the branches thereof, up to two lofclock p»m», Eastern Standard time, on Monday, .July 15, 1935*- Tenders will not be 'received at the Treasury Department, Washington» The Treasury bills will be dated July 17, 1935, and will mature on April 15, 111936, and on the maturity date the face amount will be payable without interest» [They will be issued in bearer form only, and in amounts or denominations of $1,000, [$10,000, $100,000, $500,000, and $1,000,000 (maturity value)» It is urged that tenders be made on the printed forms and forwarded in the [special envelopes which will be supplied by the Pederal Reserve Banks or branches [upon application therefor» No tender for an amount less than $1,000 will be considered» past be in multiples of $1,000» Each tender The price offered.must be expressed on the basis Iof 100, w i t h not more than three decimal places, e»g», 99*125» Practions must not :he used» Tenders will be accepted without cash deposit from incorporated banks and |itrust companies and from responsible and recognized dealers in investment securi— I'ties» Tenders from others must be accompanied by a deposit of 10 percent of the i[face amount of Treasury bills applied for, unless the tenders are accompanied by an ;express guaranty of payment by an incorporated bank or trust company* Immediately after tho closing hour for receipt of tenders on July 15, 1935, i¡all tenders received at tho Federal Reserve Banks or branches thorcof up to tho ||closing hour will be openod and public announcement of tho acceptable prices . prill follow as soon as possible thereafter, probably on the following morning« | The Secretary of tho Treasury expressly reserves the right to reject any or all ¡1 tonders or parts of tenders, and to allot less than the amount applied for, and ¡Ibis action in any such respect shall bo final« ||advised of the acceptance or rejection thereof* Those submitting tenders will be Payment at tho price offered for ¡¡Treasury bills allotted must be made at the federal Reserve Banks in cash or other |i immediately availablo funds on July 17, 1935i The Treasury bills will bo exempt* as to principal and intorest, and any gain ! from tho sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxos* (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not oxempt from the gift tax«) No loss from the sale or other disposition of tho Treasury bills shall be allowed as a deduction, or otherwise recognized, for tho purposes of any tax now or hereafter imposed b y ; the United States or any of its posspssions« Treasury Department Circular No« 418, as amended, and this notice prescribe r the terms of tho Treasury bills and govern tho conditions of their issue« Copips ^ of the circular m a y be obtained from any Federal Reserve Bank or branch thereof« •oOo- TREASURY DEPARTMENT EOR RELEASE, MORNING PAPERS, Friday, July 13, 1935* STATEMENT BY SECRETARY MORGEITTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273-day hills; and will he sold on a discount basis to the highest bidders. Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o'clock p. m., Eastern Standard time, on Monday, July 22, 1935. Tenders will not he received at the Treasury Depar tmont, Wash! ngt on • The Treasury hills will he dated July 24, 1935, and will mature on April 22, 1936, and on the maturity date the face amount will ho payable without interest. They will he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1 ,0 0 0 ,0 0 0 (maturity value). It is urged that tenders he ma.de on the printed forms and forwarded in the special envelopes which will he supplied by the Federal Reserve Banks or branches upon application therefor* No tender for an amount less than $1,000 will ho considered. Each tender must be in multiples of $1,000. The price offered must he expressed on the basis of 1 0 0 , with not more than three decimal places, e. g., 99*125. Fractions must not he used. Tenders will he accepted without cash deposit from incorpor ated hanks and trust companies and from responsible and recognized dealers in investment securities. Tenders from others must he accoror- panied by a deposit of 10 per cent of the face amount of Treasury hills O. m applied, for, unless the "bonders are accompanied "by an express guaranty oi payment Idy an incorporated "baric or trust company* Immediately after the closing hour for receipt of tenders on July 22, 1935, all tenders received at the Pederal Reserve Bunks or branches thereof up to the closing hour will be opened and public an nouncement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning* ‘ The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final* Those submitting tenders will be advised of the acceptance or rejection thereof* Pay ment at the price offered for Treasury bills allotted must be made at the Pederal Reserve Banks in cash or other immediately available funds on July 24, 1935* The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will a.lso be exempt, from all taxation, except estate and inheritance taxes* (Atten tion is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax*) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recog nized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions* Treasury Department Circular No* 418, as amended, and this notice prescribe the terms of the Treas ury bills and govern the condition s of their issue. Copies of the circular may be obtained from any Pederal Reserve Bank or branch thereof TREASURY DEPARTMENT Washington , July 22, 1935. MEMORANDA FOR THE PRESS RECEIPTS OP SILVER BY THE MINTS AND ASSAY OFFICES; (Under Executive Proclamation of December 21, 1933) as amended Week ended July 19, 1935: Philadelphia.. ................................ ... .. San Francisco........................ ............. Denver.................................... . Total for week ended July 19, 1935.... ............. . Total receipts through July 19, 1935....*.......... 285,827.09 fine ounces 309,909.76 » " 11.884.00 » n 608,620.85 « " 40,532,527.79 » » SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended July 19, 1935: , Philadelphia....................................... New York.......... .............................. San Francisco...................................... Denver............................................. New Orleans......................................... Seattle............................................ Total for week ended July 19, 1935.............. .... Total receipts through July 19, 1935................ 4,289 fine ounces it 316 « n 558 « it 353 51 it ________ 440 » it 5,956 " it 112,930,445 « RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: New Domestic Secondary Week ended July 19, 1935: Imports 277.65 Philadelphia................ .. .$ 8,872.60 5 222,863.49 $ 97,600.00 264,800.00 New York.................... 3,553,500.00 1,097,878.95 77,395.21 San Francisco ............... . 271,237.18 630,238.00 39,215.00 Denver.......................... 54,243.00 40,196.88 New Orleans. ..... .......... 497.03 309.691.72 27.214.34 ’•'Seattle........................ ......... *_____ $2,135,686.32 $ 671,684.92 Total for week ended July 19, 1935 $3,888,349.81 * Note: Seattle figures are for week ending July 12. Figures for week ending July 19 not received in time to include in abov 0 • GOLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER1S OFFICE: (Under Secretary's Order of December 28, 1933) Gold Certificates Received by Federal Reserve Banks:______ Gold Coin $ 503,710.00 Week ended July 1 7 .............$ 31,890.04 93.909.270.00 Received previously. ..... 30.572.375.07 __ $94,412,980.00 Total to July 17, 1935.......... $30,604,265.11 Received by Treasurer's Office: Week ended July 17..... ....... $ Received previously............ Total to July 1 7................. $ NOTE: 400.00 263,906.00 264,306.00 Gold bars deposited with the New York Assay Office to the amount of $200,572.69 previously reported. $ 4,700.00 2.181.000,00 $ 2,185,700.00 TREASURY DEPARTMENT FOR RELEASE, MORNING- PAPERS Friday, July 26, 1935. STATEMENT BY SECRETARY MORG-ENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will be 273 day bills; and will be sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o ’clock p. m . , Eastern Standard time, on Monday, July 29, 1935. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated July 31, 1935, and will mature on April 29, 1936, and on the maturity date the face amount will be payable without interest. They will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1 ,0 0 0 ,0 0 0 (matur i ty value) • It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. Each tender must be in multiples of $1,000. The price offered must be expressed on the basis of 1 0 0 , with not more than three decimal places, e. g., 99.JL25. Fractions must not be used. Tenders will be accepted without cash deposit from incorpor ated banks and trust companies and from responsible and recognized dealers in investment securities. Tenders from others must be accom panied by a deposit of 10 per cent of the face amount of Treasury bills — I - 2 - — - a p p lie d , f o r , u n l e s s t h e t e n d e r s a r e a c c o m p a n ie d "by a n e x p r e s s g u a r a n t y o f paym ent h y a n i n c o r p o r a t e d h a n k o r t r u s t com p an y. I m m e d ia t e ly a f t e r Ju ly . 2 9 , 1 9 3 5 , a l l t h e c l o s i n g h o u r f o r r e c e i p t o f t e n d e r s on te n d e r s r e c e iv e d a t th e F e d e r a l R e se rv e Banks o r b ra n ch e s t h e r e o f up to t h e c l o s i n g h o u r w i l l h e o p en ed an d p u b l i c ann oun cem en t o f t h e a c c e p t a b l e p r i c e s w i l l f o l l o w a s so o n a s p o s s i b l e t h e r e a f t e r , p r o b a b l y on t h e f o l l o w i n g m o r n in g . T reasu ry e x p r e s s ly r e s e r v e s th e r ig h t to r e j e c t an y o r a l l p a r t s o f t e n d e r s , an d t o a l l o t l e s s h is a c t io n The S e c r e t a r y o f t h e t h a n t h e am ount a p p l i e d f o r , and in any su ch r e s p e c t s h a ll b e f i n a l . T h ose s u b m ittin g t e n d e r s w i l l b e a d v is e d o f t h e a c c e p t a n c e o r r e j e c t i o n m ent a t t h e p r i c e o ffe re d fo r T reasu ry b i l l s th e F e d e r a l R e s e r v e B a n k s i n te n d e rs o r th e re o f. Pay a l l o t t e d m ust b e made a t c a s h o r o t h e r im m e d ia te ly a v a i l a b l e fu n d s on J u l y 3 1 | 1 9 3 ^ . The T r e a s u r y b i l l s w i l l b e e x e m p t, a s t o p r i n c i p a l and i n t e r e s t , and a n y g a i n fro m t h e s a l e o r o th e r d is p o s itio n e x e m p t, fro m a l l e x c e p t e s t a t e an d i n h e r i t a n c e tio n i s ta x a tio n , in v it e d to T re a su ry D e c is io n 4 5 5 0 , n o t exem p t fro m t h e g i f t o f th e T re a s u r y b i l l s t a x ,) th e r e o f w ill a ls o be ta x e s, (A tte n r u lin g th a t T re a su ry b i l l s a re No l o s s fro m t h e s a l e o r o t h e r d i s p o s i t i o n s h a l l b e a llo w e d a s a d e d u c t i o n , o r o t h e r w i s e r e c o g n i z e d , f o r t h e p u r p o s e s o f a n y t a x now o r h e r e a f t e r im p o sed b y t h e U n it e d S t a t e s o r any o f i t s p o s s e s s io n s . T r e a s u r y D e p a rtm e n t C i r c u l a r No. 4 1 8 , a s am en d ed , an d t h i s n o t i c e p r e s c r ib e t h e te r m s o f t h e T r e a s u r y b i l l s th e ir is s u e . and g o v e r n t h e c o n d i t i o n s o f C o p ie s o f t h e c i r c u l a r may b e o b t a i n e d fro m a n y F e d e r a l R e s e r v e B an k o r b r a n c h t h e r e o f TREASURY DEPARTMENT Washington July 29 MEMORANDUM EOR THE PRESS 1935# RECEIPTS OE SILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21» 1933) as amended Week ended July 26, 1935: Philadelphia.... ................ ............... Sah. Francisco.-..... ......... ...................... Denver................... .. ........ . Total for week ended July 26, 1935*....... ......., Total receipts through July 26, 1935*............ 89,730.86 fine ounces it ii 231,974.53 ii it 57.305.00 it ti 379,010.39 ii ii 40,911,538.18 SILVER TRANSFERRED TO UNITED STATES; (Under Executive Proclamation of August 9, 1934) Week ended July 26, 1935: Philadelphia...................... New York.......................... San Francisco..................... Denver................. ........... New Orleans...-..... .............. Seattle*................... . Total for week ended July 26, 1935.. Total receipts through July 26, 1935 909 fine ounces ii 13,329 » ! f 467 « I I 669 » It 404 » I I ________ 528 » IT 16,306 n II 112,946,751 » .RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: New Domestic Week ended July 26, 1935: Imports Secondary Philadelphia.................. ~ $ 223,841.68 New York..................... $2,586,600.00 275.600.00 San Francisco................ 29,560.36 61,417.29 Denver..................... 27,532.00366.990.00 New Orleans*................ 3,162.15 46,101.93 ♦Seattle........................... _ 41,734.76 Total for week ended July 26th $2,646,854.51 $1,015,685.66 ♦ Note: Includes week ending July 19. $ § ¿ ' 7 7 8 .9 2 47.400.00 1,695,893.79 61.757.00 1,576.20 704,764.07 $2,515,169.98 GOLD RECEIVED BY FEDERAL- RESERVE BANNS AND THE TREASURER1S OFFICE :. (Under Secretary’s Order of December 28, 1933) Received by Federal Reserve Banks: Gold Coin G-old Certificate s Week ended July 2 4 .......... .,$ 17,536.74 285,110.00 $ Received previously......... ... 30,604,265.11 94,412,980.00 Total to July 24, 1935..,____ ..$30,621,801.85 $ 94,698,090.00 Received by Treasurer’s Office; Week ended July 24..... . $ Received previously......... . Total to July 2 4 .................•$ NOTE: 000 264,306.00 264,306.00 Gold bars deposited with the New York Assay Office to the amount of $200,572.69 previously reported. $ $ 9,000.00 2,185,700.00 2,194,700.00 STATEMENT OP SECRETARY MORGENTHAU TO THE SENATE FINANCE COMMITTEE9 THURSDAY, AUGUST 1, 1935. Mr* Chairman and Members of the Committee: I am pleased to respond to your invitation to appear before you and to discuss briefly pending tax proposals* On July 8 I had an .opportunity to make a statement to the Ways and Means Committee of the House of Representatives, which was then about to begin preparation of a tax bill to give effect to the recommendations contained in the Presidentas Message to the Congress of June 19. That statement summarized the Treasury!s position with respect to the Presidentas recommendations.and I should like to have you regard it as a part of my state ment here today* The President, in the message to which I have referred, stated that his recommendations were based on studies of our tax system carried on in the / Treasury Department as well as the excellent research work done by the .staff of the Joint Committee of Congress on Internal Revenue Taxation* All of the data gathered by the Treasury Department will of course be made freely available to your committee* I should like to refer particularly to studies carried on by Mr* Robert H* Jackson, counsel of the Bureau of Internal Revenue* Mr* Jackson has summarized and analyzed a great deal of data from income tax and estate tax returns which bear directly on the Presidentas recommendations* He is prepared to present this summary and analysis to you* I shall not attempt to review the data that has been gathered, but only to indicate its scope* It deals with such questions as these: The extent to which our national revenues are now derived from taxes laid directly on the consumer and the extent to which they arc derived from taxes based on the ability to pay* — 2~ The changes in the balance of taxation as "between these two classes that have "been.brought about by the depression and other causes within the last few years* The distribution of income and the degree of concentration of high incomes* The effectiveness of income tax rates as modified by various devices for escaping taxation* Whether existing surtax schedules are fully consistent with the principle of ability to pay* The actual yield of present estate taxes as related to the size of estates* Devices for avoiding estate taxes* Problems of administering and collecting an inheritance tax* Stability of yield of a graduated corporation income tax as compared to stability of yield of a flat tax rate* Extent of.the concentration of income and of assets in the hands of large corporations* I cite this material merely to indicate the willingness of the Treasury to offer such assistance to your Committee as you may desire* In conclusion, I want to add an earnest word as to the use to .which ap.y additional revenue that the proposed now taxes will produce should be put* Ordinary expenditures for the general purposes of government have been held within the revenues* Tie have incurred and arc incurring large emergency expen ditures according to a carefully planned program for the sole object of caring for the urgent needs of our citizens and promoting recovery* Additional revenue which will necessarily fall short of meeting our full needs will not warrant new or additional expenditures outside our budget plans* Any such new or additional -*3— expenditures would not conform to the best interests of the national credit* I hope the Congress will provide that the proceeds of the new taxation you. are considering shall he preserved scrupulously for the purpose, first, of reducing the deficit, and, later, of reducing the public debt* treasury d e p a r t m e n t FOR RELEASE, MORNING PAPERS, Friday, August 2, 1935* STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273- day hills; and will he sold on a discount basis to the highest bidders. Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o*clock p.m., Eastern Standard time, on Monday, August 5, 1935. Tenders will not be received at the Treasury Department, Washington. The Treasury hills will he dated August 7, 1935, and will mature on May 6 ,. 1936, and on the maturity date the face amount will he payable without interest. They will he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders he made on the printed forms and forwarded in the special envelopes which will he supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will he considered. he in multiples of $1,000. Each tender must The price offered must he expressed on the basis of 100,.with not more than three decimal places, e.g*, 99.125. Fractions must not he used. Tenders will he accepted without cash deposit from incorporated hanks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must he accompanied by a deposit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated hank or trust company. Immediately after the closing hour for receipt of tenders on August 5, 1935, all tenders received at the federal Reserve Banks or "branches thereof up to the closing hour will he opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning* The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final* the acceptance or rejection thereof* Those submitting tenders will bo advised of Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on August 7, 1935* The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes* (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax)* No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions* Treasury Department Circular No* 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue* Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof* ooOoo TREASURY DEPARTMENT Washington IJMORANDUil FOR .THE. PRESS August 5, 1935* RECEIPTS OP SILVER BY THE MINTS AND ASSAY OP?ICES: (Under Executive Proclamation of December 21, 1933) as amended Week ended August 2 , 1935i Philadelphia «««•••••».,»..*,•«•.......... . San Francisco............................ ......... Denver.... ......................... .......... . Total for week ended August 2, 1935.............. .. Total receipts through August 2, 1935*.............. 449.911.00 fine ounces 408,501*00 11 « 5,327.00 " * 863.739.00 « * 41,396,266.79 « ,f SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9 , 1934) Week ended August 2, 1935 Philadelphia. New York . • . * • . * . . • . • • . . • 1 San Francisco............ . Denver New Orleans........... . Seattle....... . ......... . Total for week ended August 2, 1935 ......... Total receipts through August 2, 1935....... 173*00 fine ounces n 765.00 11 1» 105.00 " ti 342.00 11 ti 454.00 « it 171.00 11 1 1 2 ,0 1 0 .0 0 nn 11 ,932,445.00 “ RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: New. Week ended August 2, 1935: 1 Imports Secondary Domestic Philadelphia. ........ . $182,421.97 § 317*42 New York .... 6,586,700*00 224,200*00 184,100*00 San Francisco..••••• .... 38,634*38 74,791*57 1,567,627*30 Denver.................... .... 35,520*00 538,111*00 34,556.00 New Orleans.............. .,.., 27,034*68 54,513*57 144*73 Seattle................. . 372.281.22 10.887.51 Total for week ended August 2..$6,686,925.06 $582,334.62 $2,662,581.67 T O D RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER'S OPTICS: (Under Secretary*s Order of December 28, 1933) Received by Federal Reserve Banks u Gold Coin Week ended July 3 l......... . $ 15,887*82 Received previously........ . 30.621.801.85 Total to July 31, 1935.......... §30,637,689.67 Received by Treasurer^ Offices Week ended July 31.«...........*$ Received previously...,........ Total to July 31, 1935............ $ NOTE: *•* “ •* »• *7 264,306.00 264,306.00 Gold bars deposited with the Nov/ York Assay Office to the amount of $200,572.69 previously reported. Gold Certificates 495,490.00 94,698.090.00 $95,193,580.00 " § $ 8,100.00 2 f194.700.Q0 $ 2,202,800.00 TREASURY DEPARTMENT POP RELEASE, MORNING PAPERS, Friday, August 9, 1935* STATEMENT BY SECSETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts* They will he 273- day hills; and will he sold on a discount basis to the highest bidders* Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two oiclock p*m*, Eastern Standard time, on Monday, August 12, 1935. Tenders will not he received at the Treasury Department, Washington* The Treasury hills will he dated August 14, 1935, and will mature on May 13* 1936, and on the maturity date the face amount will he payable without interest* They will ho issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value)* It is urged that tenders he made on the printed forms and forwarded in the special envelopes which will ho supplied by the Federal Reserve Banks or branches upon application therefor* No tender for an amount loss than $1,000 will ho considered. Each tender must he in multiples of $1,000* The price offered must he expressed on the basis of 100, with not more than three decimal places, o*g#, 99*125. Fractions must not ho used* Tenders will he accepted without cash deposit from incorporated hanks and trust companies and from responsible and recognized dealers in investment securi ties* Tenders from others must he accompanied by a deposit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated hank or trust company* - 2Immediately after the closing hour for receipt of tenders on August 12, 1935, all tenders received at the Federal Reserve Banks or "branches thereof up to the closing hour will he opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning« The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final# advised of the acceptance or rejection thereof# Those submitting tenders will be Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on August 14, 1935. The Treasury bills will be exempt, as to principal and interest, /and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax«) Ho loss from the sale or other disposition of the Treasury bills shall bo allowed as a deduction, or otherwise recognized, for the purposes of.any tax now or here after imposed by the United States or any of its possessions« Treasury Department Circular ho. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue« Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof« ooOoo TREASURY DEPARTMENT Washington MEMORANDUM POR THS PRESS August 12, 1935 RECEIPTS OP SILVER BY THE MINTS AND ASSAY OEFICES: (Under Executive Proclamation of December 21, 1933) as amended Week ended August 9* 1935* Philadelphia ........... San F r a n c i s c o .... ........................ ...... Denver..... ................. ................. . Total for week ended August 9 , 1935........... . Total receipts through August 9, 1935............ 475.213.00 fine ounces 273.246.00 « " 2.775,00 « » 751.234.00 » H 42,526,511.18 n “ SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended August 9, 1935: Philadelphia .............. . New York........................... San. F r a n c i s c o ...... . Denver* ................ ............ New Orleans.......... ........... . Seattle*............ ............ . Total for week ended August 9, 1935.. Total receipts through Augist 9, 1935 298.00 fine ounces 669.00 ” " 7,491,00 tt » 636.00 » » 310.00 « n h « 9,404.00 112,958,165.00 » " » " .RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: Week ended August 9, 1935: Imports P h i l a d e l p h i a . 24,894,52 New York.................. 25,939,000.00 San Francisco............ 303,608.98 49,844.00 Denver.*.............. New Orleans. Seattle*........ ........ . - — « — Total for week ended August §••$26,317,347,50 Secondary $193,225,65 262,300.00 66,558,84 44,632,00 37,885,87 21.294.09 $625,896.45 New Domestic 478, 1 0 $ 15 ,400, 0 0 1,263 ,060. 90 606 ,792, 0 0 241 ,918.46 $2,127 ,649. 46 GOLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER1S OFFICE: (Under Secretary *s Order of December 28, 1933) Received by Federal Reserve Panics: Gold Coin Week ended August 7....,..........$ 19,783,72 Received previously............ ... 30*637.689.67 Total to August 7, 1935.......... $30,657,473.39 Received by Treasurer's Office: Week ended August 7........*......$ Received previously. •.•...••*.*•.. Total to August 7, 1 9 35........... $ NOTE; 500,00 264*306.00 264,806.00 Gold bars deposited with the New York Assay Office t& the amount of $200,572.69 previously reported. Gold Certificates $ 291,190,00 95.193.580.00 $95,484,770.00 $ 9,500,00 2.202.800,00 $' 2,212,300,00 TREASURY DEPARTMENT FOR RELEASE, MORNING PAPERS Friday, August 16, 1935. STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury bills to the amount of $50,000,000, or thereabouts. They will be 273- day bills; and will be sold on a discount basis to the highest bidders* Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o’clock p.m., Eastern Standard time, on Monday, August 19, 1935* Tenders will not be received at the Treasury Department, Washington* The Treasury bills will be dated August 21, 1935, and will mature on May 20, 1936, and on the maturity date the face amount will be payable without interest* They will be issued in bearer form only, and in amounts or denominations of $>1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 m i l be considered. be in multiples of $1,000. Each tender must The prico offered must be expressed on the basis of 100, with not more than three decimal places, e*g., 99*125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. -2 Immediately after the closing hour for receipt of tenders on August 19, 1935, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. advised of the acceptance or rejection thereof. Those submitting tenders will be Payment at the price offered for Treasury bills allotted must bo made at the Federal Reserve Banks in cash or other immediately available funds on August 21, 1935. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills arc not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or here after imposed by the United States or any of its possessions. Treasury Department Circular Mo. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTMENT Washington MEMORANDUM EOR THE PRESS August 19, 1935. RECEIPTS QE SILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933)*as amended Week ended August 16* 1935: . • P h i l a d e l p h i a * ..... 149^972,13 fine ..... ........ 515,729.12 ,r San Erancisco .......... ....... Denver*.*.••*.*.••i •....... .............. 4 ........1,399.00 w Total for week ended August 16, 1935. .......... ... 667,100*25 11 Total receipts through August 16, 1935.............. 43,193,611.43 ,f SILVER TRANSEERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended August 16, 1935: P h i l a d e l p h i a » ........ New York ............................. San Erancisco....................... Denver...... .................. ...... New Orleans........... ............... Seattle.............................. . Total for week ended August 16, 1935... Total receipts through August 16, 1935. ounces « a u '¡f * 232,00 fine ounces U 2.337.00 n it it 559.00 h h 456.00 t i i t 471.00 h i t ■ 215,00 n 4.270.00 h it ti 112,962,385.00 RECEIPTS OE GOLD BY TEE MINTS AND ASSAY OEEICES: Week ended August 16, 1935: Imports Philadelphia*.••.•••••,••..••.$ 9,153,23 New Y o r k * 5,106,300,00 San Erancisco................. 439,868,45 Denver. ...................... 255,159.00 New Orleans ••................ 3,066,26 Seattle...................... » **** Total for‘week ended August 16..$5,013,546.94 New Domestic $ 3,616,52 101.900.00 1,410,333,59 550.197.00 1,510,98 458.917*48 $2,526,475.57 Secondary $196,839,73 174,600,00 58,156,25 34,423,00 55,780,53 15.937*77 $535,737.28 GOLD RECEIVED BY EEDERAL RESERVE BANKS AND THE TREASURER1S OEEICE: (Under Secretary^ Order of December 28, 1933) Received by Federal Reserve Banks: Gold Coin. Week ended August 14.•••••.,....•,$ ~ 21,545,04 Received previously •«••«,.••••... 30.657,475.39 Total to August 14, 1935......... $30,679,018.43 Received by Treasurer*^ Office: Week ended August 14*. Received previously*•.••••••••.••. Total to August 14, 1935........ •$ NOTE: it Gold Certificates $ 236,470,00 95,484,770.00 $95,721,240.00 $ 264,806.00 264,806.00 Gold bars deposited with the New York Assay Office in the amount of $200,572*69 previously reported. 2,700,00 2.212,300*00 $ 2,215,000.00 TREASURY DEPARTMENT FOR RELEASE,MORNING PAPERS, Friday, August 23, 1935. STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273—day billsj and will he sold on a discount hasis to the highest bidders. Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o*clock p.m., Eastern Standard time, on Monday, August 26, 1935. Tenders will not he received at the Treasury Department, Washington. The Treasury hills will he dated August 28, 1935, and will mature on May 27, 1936, and on the maturity date the face amount will he payable with out interest. They will he issued in hearer form only, and in amounts or denominations of $1 ,0 0 0 , $1 0 ,0 0 0 , $1 0 0 ,0 0 0 , $500,000, and $1 ,0 0 0 ,0 0 0 (maturity value). It is urged that tenders he made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will he considered. tender must he in multiples of $1,000. Each The price offered must he expressed on the hasis of 1 0 0 , with not more than three decimal places, e.g., 99.125. Fractions must not he used. Tenders will he accepted without cash deposit from incorporated hanks and trust companies, and from responsible and recognized dealers in investment securities. Tenders from others must he accompanied by a deposit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated hank or trust company. - 2 - Immediately after the closing hour for receipt of tenders on August 23*. 1935, all tenders received at the Federal Reserve Banks or "branches thereof up to the closing hour will "be opened and public announcement of the acceptable prices will follow as soon e,s possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than,the amount applied for, and his action in any such respect shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on August 28, 1935, The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other dispostion thereof will also be dxempt, from all taxation, except estate and inheritance taxes, (Attention is invited to Treasury,Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) Uo loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherv/ise recognised, for the purposes of , any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular Ho. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of,the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTMENT Washington August 26, 1935« MEMORANDUM EOR THE PRESS RECEIPTS OE SILVER BY THE MINTS AND ASSAY OEEICES: "^(Under Executive Proclamation of December 21, 1933) as amended Week ended August 23, 1935s Philadelphia««......................... . • •....... . San Francisco................ .................. ........................................ j D e n v e r ..................... *....... . •*........ Total for week ended August 23, 1935.............. Total receipts through August 23, 1935*........... 1,074,847.98 fine ounces 215,898.64 ” 11 22,007»00 1,312,753.62 44,506,000.00 SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended August 23, 1935s Philadelphia....... ............... ........... ... New York ......................... ............... San Francisco .................. ............. . D e n v e r ....................... .................. New Orleans...................................... Seattle............................ ........ . Total for week ended August 23, 1935.............. Total receipts through August 23, 1935*.......... 745.00' fine ounces 382.00 123.00 876»00 341.00 541.00 3,008.00 112,965,393.00 n ” 11 ” H 8 M H ” u RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES; ‘ ‘ ' ~ New . Week ended August 23, 1935: Imports Secondary, Domestic^. Philadelphia... ............. • 12,083.12 $195,319.69 v 376.07 New Y o r k . 6 ,343,000.00 293,100.00 130,900.00 San Francisco....... ......... 14,822.84 52,348.54 801,295.75 ....... 29,347.00 567,808.00 Denver..... ................... New Orleans...... .......... .. 29,210.97 42,717.65 253.36 Seattle....................... ^ — « — — 15,554.34 718.907.81 Total for week ended August 23..$6,399,116.93 $628,387.22 $2,219,540.99 GOLD RECEIVED BY FEDERAL RESERVE RANKS AND THE TREASURER'S OFFICE: (Under Secretary’s Order of December 28, 1933) Gold Coin Received by Federal Reserve Banks: 15,786.68 Week ended August 21........... . 30.679,018.43 Received previously Total to August 21...............* $30,694,805.11 Received by Treasurer’s Office: Week ended August 21...... ...... . $ ~ ~ 264,806.00 Received previously.... • # • • • ♦ 264,806.00 Total to August 21..... NOTE: Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. Gold Certificates $ 379,140.00 ~ 95,721,240.00 $96,100,380.00 $ 2,500.00 2,215,000.00 $ 2,217,500.00 TREASURY DEPARTMENT POP RELEASE, MORNING PAPERS, Wednesday, August 28, 1935# STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury "bills to the amount of $50,000,000, or thereabouts. They will "be 273-day bills; and will he sold on a discount basis to the highest bidders* Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o'clock p*m*, Eastern Standard time, on Friday, August 30, 1935. Tenders will not be received at the Treasury Department, Washington* The Treasury bills will be dated September 4, 1935, and will mature on June 3, 1936, and on the maturity date the face amount will be payable without interest* They will be issued in bearer form only, and in amounts or denomina tions of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value)* It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor* No tender for an amount less than $1,000 will be considered. be in multiples of $1,000* Each tender must The price offered must be expressed on the basis of 100 with not more than three decimal places, e*g*, 99*125* Fractions must not be used* Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties* Tenders from otheis must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company* Immediately after the closing hour for receipt of tenders on August 30, 1935, all tenders received at the Federal Reserve Banks or Branches thereof up to the closing hour will, he opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning« The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final* Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on September 4, 1935* The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax«) Ho loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions« Treasury Deuax’tment Circular No« 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof« ooOoo fyi n I rf TREASURY DEPARTMENT Washington MEMORANDUM FOR THE PRESS September 3, 1935« RECEIPTS OP SILVER BY THE MINTS, AND ASSAY OFFICES: . (Under Executive Proclamation of December 21, 1933) as amended Week ended August 30, 1935i Philadelphia*............. San Francisco....... ........ . Denver.................. .......... . Tutal for week ended August 30, 1935... Total receipts through August 30, 1935* 149,962.70 fine ounces 355,084.29 9 9 4,455.00 0 " 509,501.09 “ 11 45,015,000.00 ” " SILVER TRANSFERRED ,T0 UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended August 30, 1935: Philadelphia............ ...... . N 0t/ York............. ...... . San Francisco,........... ....... ..... Denver.................. ............. New Orleans................ . Seattle................... .......... . Total for week ended August 30, 1935... Total receipts through August 30, 1935. 487.00 fine ounces 3.283.00 ” * 146.00 " " 807.00 9 " 321.00 » " 551.00 9 " 5.395.00 ” " 112,970,788.00 n RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: Week ended August 30, 1935: _ Imports Philadelphia.................. $ 4,717,79 New Y o r k ..................... 2,059,900.00 San Francisco................. 233,135.17 Denver.......... 50,959.00 New Orleans............. 16,288,10 Seattle. ....... ......... . ~ ~ ~ Total for week ended August 30. .$2,374,000.06 Secondary $136,861.45 160,500,00 69,683.44 42,296.00 38,316,29 15.046.24 $462,703,42 New Domc.gtmc . $ 2,182.4s 235.600.00 1.824,259.74 520.405.00 917.81 332.990.42 $2,916,355.43 GOLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER1S OFFICE: (Under Secretary*s Order of December 28, 1933) Received by Federal Reserve Banks: Gold Coin Week ended August 28.••••••••••••• $ 21,111.34 Received previously.•»••.•••••••.• 30.694.805.il Total to August 28........ $30,715,916.45 Received by Treasurer’s Office; Week ended August 28.............. Received previously. Total to August 28....... ........ NOT] $ $ -------264.806.00 264,806.00 Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. Gold Certificates 299,640,00 96,100.380.00 $96,400,020.00 $ $ 4,300.00 2,217.500.00 $ 2,221,800.00 TREASURY DEPARTMENT POR RELEASE, MORNING PAPERS, Friday, September 6 , 1935* STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury "bills to the amount of $50,000,000, or thereabouts. They will "be 273-day bills; and will "be sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o’clock p.m., Eastern Standard time, on Monday, September 9, 1935# Tenders will not be received at the Treasury Department, Washington. The Treasury b-ills will be dated September 11, 1935, and will mature on June 10, 1936, and on the maturity date the face amount will be payable without interest. They will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. must be in multiples of $1,000. Each tender The price offered must bp expressed on the basis of 100,.with not more than three decimal places, e.g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust companyv Immediately after the closing hour for receipt of tenders on September 9 f 1935, all tenders received at the Federal Reserve Banks or "branches thereof up to the closing hour will he opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning# The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall bo final# Those submitting tenders will be advised of the acceptance or rejection thereof# Payment at the price offered for Treasury bills allotted must bo made at the Federal Reserve Banks in cash or other immediately available funds on September 11, 1935# The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes* (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax)# ho loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of.any tax now or hereafter imposed by the United States or any of its possessions* Treasury Department Circular TTo# 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue# of the circular may be obtained from any Copies Federal Reserve Bank or branch thereof# ooOoo TREASURY DEPARTMENT Washington MEMORANDUM EOR THE PRESS September 9, 1935* RECEIPTS OP SILVER BY THE MINTS AND ASSAY OFFICES; (Under Executive Proclamation of December 21, 1933) as amended Week ended September 6 , 1935: Philadelphia........... .......... .............. . San Francisco............ .,............. ........ Denver..... ..... ............... ...... .......... Total for week ended September 6 , 1935............ Total receipts through September 6 , 1935.......... - ~ fine ounces 298,369.92 n n 11.670,00 « 11 310,039.92 tt M 45,325,000.00 11 11 SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended September 6 , 1935: Philadelphia.............. ................ ...... New York’............................... San Francisco..................... Denver...................................... New Orleans .................................... Seattle ............................... Total for week ended September 6 , 1935........... Total receipts through September 6 , 1935...... . 164.00 fine ounces 570,00n " 15.00 M 11 314,00H M 257.00n ,r 105.00“ 1,425.00 112,972,471.00 " M n RECEIPTS OF QOLD RY THE MINTS AND ASSAY OFFICES: leek ended September 6 , 1935: Imports Philadelphia. ••••........ ...... $ 19,470.40 New York.......... 8,243,900,00 San F xancisco....... 277,986.09 Denver.............. 28,592.00 New Orleans......... 1,564.34 Sea utlc......................... **** *** **** Total for week ended September 6•.$8,571,512.83 New . . Domestic . $ 24,78 67,900,00 1,335,562.44 480,983,00 103,03 391,929.50 $2,276,502.75 Secondary $176,611,76 655,800,00 46,778.01 19.766.00 30,538.80 11.791.01 $941,285.58 GOLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER1S OFFICE: (Under Secretary’s Order of December 28, 1933) Received by Federal Reserve Ranks: Gold Coin Week ended September 4,......... . $ _ 14,447.74 Received p r e v i o u s l y . ^ Total to September 4 ....... ..... . $ 30,730,364.19 Received by Treasurer’s Office: Week ended September 4 ............ $ Received previously.•••..••.... .. ..... 264,.806,00^ Total to September 4 #............. v 264,806.00 NOTE: Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. Gold Certificates $ 325,170*00 96,400.020.00 $ 96,725,190.00 $ $ 3,200,00 2,221.800.00 2,225,000.00 TREASURY DEPARTMENT POR RELEASE, MORNING PAPERS, Friday, September 13, 1935* STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills oo the amount of $50,000,000, or thereabouts* They will he 273-day bills, and will he sold on a discount basis to the highest bidders* Tenders will :he received at the Federal Reserve Banks, or the branches thereof, up to two o'clock p.m*, Eastern Standard time, on Monday, September 16, 1935. Tenders will not be received at the Treasury Department, Washington* The Treasury bills will bo dated September 18, 1935, and will mature on June 17, 1936, and on the maturity date the face amount will be payable without interest. They will be issued in bearer form only, and in amounts or denominations of $1,000, ol0,000, ¿¿100,000, $500,000, and ¡¿1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered* be in multiples of $1,000. Each tender must The price offered must bo expressed on the basis of 100 with not no re than three decimal places, e.g*, 99.125. FractionSmust not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. ~2~ Immediately after the closing hour for receipt of tenders on September 16, 1935, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning* The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on September 18, 1935* The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (At tention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction or otherwise recognized, for the purposes of any tax now or Hereafter imposed by the United States or any of its possessions* Treasury Department Circular No* 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue* Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo (Ri$2d4.L C TREASURY DEPARTMENT Washington MSMORA|n?UM FOR TIiE PRESS September 16f 1935« RECEIPTS OF SILVER BY THE MUTTS Ah? ASSAY OFFICES: (Under Executive Proclamation of December 21, 1333) as amended Week ended September 13, 1935: Philadelphia*..................................... San Francisco................................... . Denver................................. .......... Total for week ended September 13, 1935............ Total receipts through September 13, 1935*........ 597,287.26 fine ounces 171,660.13 M ” 6.285.00 ” H 775,232.39 " u 46,101,000.00 n “ SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended September 13, 1935: Philadelphia...... ............ ......... Hew York ................................ San Francisco........................... Denver................... .............. * How Orleans ............................. Seattle.................................. Total for week ended September 13, 1935... Total receipts through September 13, 1935. 172.00 fine ounces ii 10,352.00 I! ii n 239.00 n it 592.00 ii n 492.00 ........ ........ ........ ........ ........ .......... .......................... 1 1 2 .0 0 it ii ......... .... . it ii it it 11,959.00 112,984,430.00 RECEIPTS OF GOLD BY THE MINTS'AND ASSAY OFFICES: Week ended September 13, 1935: Imports \ Philadelphia..................... $ 3,082.10 Hew York.............. 6,255,400.00 San Francisco.............. ...... 520,537.36 Denver......................... 46,078.00 Hew Orleans.................... .• 2,602.10 Seattle......................... . - - - - - Total for week ended September 13..$6,827,699.56 Secondary $194,114.07 119,700.00 43.679.46 32*452.00 56,115.84 11.395.21 $457,456.58 $ Hew Domestic 3,816.12 381,200.00 976,710.30 673,475.00 543,107.46 $ 2,578,308.88 COLD RECEIVED BY FEDERAL RESERVE BANKS AFP THE TREASURER1S OFFICE: (Under Secretary’s Order of December 28, 1933) [ Received by Federal Reserve Banks: Gold Coin ! Week ended September 11...........•$ 11,309.44 i : Received previously............. 50.730,364.19 Total to September 1 1 .............$30,741,673.63 : Received by Treasurer’s Office: | Week ended September 11........... •$ : Received previously.............. Total to September 1 1 .............•$ HOTE; 350.00 264,806.00 265,156.00 Gold bars deposited with the Hew York Assay Office in the amount of $200,572.69 previously reported. Gold Certificates '' $ 354,200.00 96.725,190.00 1>97,079,390.00 $ 4,200.00 2,225,000.00 $ 2,229,200.00 NOR RELEASE, MORNING NEWSPAPERS, Friday, September 20, 1935* t re asur y d e p a r t m e n t STATEMENT BY ACTING SECRETARY OE THE TREASURY COOLIDGE The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273-day bills; and will he sold on a discount basis to the highest bidders. Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o 1clock p.m., Eastern Standard time, on Monday, September 23, 1935. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated September 25, 1935, and will mature on June 24, 1936, and on the maturity date the face amount will be payable without interest. They will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. be in multiples of $1,000. Each tender must The price offered must be expressed on the basis of 100f with not more than three decimal places, e.g., 99.125. Fractions must not be used.? Tenders will be accepted without cash deposit from incorporated banks and trust; companies and from responsible and recognized dealers in investment secuiities. Tenders from others must be accompanied by a deposit of 1 0 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. Immediately after the closing hour for receipt of tenders on September 23, 1935, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices « 2« will follow as soon as possible thereafter, probably on the following morning* The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final* the acceptance or rejection thereof. Those submitting tenders will be advised of Payment at the price offered for Treasury Mils allotted must be made at the Federal He serve 3ahks in cash, or -'thpr immediately available funds on September 25, 1935* The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. '(Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax). No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No* 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo FOR RELEASE, MORNING PAPERS, Friday, September 27, 1935« ÌESASURY DEPARTMENT STATEMENT BY ACTING SECRETARY OP THE TREASURY COOLIDGE The Secretary of the Treasury gives notice that tenders are invited for two. series of Treasury hills to the aggregate amount of $100,000,000, or thereabouts# One series will he 166-day hills and the other series will he 273-day hills# series will he sold on a discount basis to the highest bidders. Both Tenders will he received at the Pederal Reserve Banks, or the branches thereof, up to two o ’clock p.m., Eastern Standard time, on Monday, September 30, 1935# Tenders will not he received at the Treasury Department, Washington# The Treasury hills will, as stated, he issued in two series, $50,000,000, or thereabouts, maturing on March 16, 1936, and $50,000,000, or thereabouts, maturing on July 1, 1936; both series to he dated October 2, 1935# Bidders will he required to specify the particular series for which each tender is made. The face amount of the hills of each scries will he payable without interest on their respective maturity dates# 'The hills will he issued in hearer form only, and in amounts or denominations of $1 ,0 0 0 , $1 0 ,0 0 0 , $1 0 0 ,0 0 0 , $500,000, and $1 ,0 0 0 ,0 0 0 (maturity value) • It is urged that tenders he made on the printed forms and forwarded in the special envelopes which will he supplied by the Pederal Reserve Barnes or branches upon application therefor#. No tender for an amount less than $1,000 will he considered. he in multiples of $1,000. Each tender must The price offered must he expressed on the basis of 10Q? with not more than three decimal places, e«g«, 99*125. Fractions must not he used* Tenders will ho accepted without cash deposit from incorporated hanks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must he accompanied by a deposit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied by an R 4Üf- «-2— exorcss. guaranty of payment "by an incorporated "bank or trust company. Immediately after the closing hour for receipt of tenders on September 30, 1935, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices for each series will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Any tender which does not specifically refer to a particular scries will be subject,to rejoetion. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on October 2, 1935. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treaoury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of.any tax now or here after imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice proscribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof* ooOoo TREASURY DEPARTMENT Washington blMORAKPUM EOR THE PRESS September 30, 1935* b M P T S OE SILVER RY THE, „MINTS AND ASSAY PEE ICES: (Under Executive Proclamation of December 21, 1933) as amended jfeek ended September 27, 1935: . Philadelphia........ *... i.... *...... . i . 600,057.19 fine ounces San Francisco .......*........ *........... . 894,189p2>6 M Denver...................i....... ......... . 11.378.00 « « 1,505,624*55 11 iotal for week ended September 27, 1935........ . Total receipts through September 27, 1935.......... 48,158,000*00 ” Mltet TRANSFERRED TO UNITED STATES; ,■ (Under Executive Proclamation of August 9, 1934) leek ended September 2$, 1935: Philadelphia« • .... .......... . ........••* New Y o r k ..... . i.*....... .............. .. *•• San Francisco .......... . f Denver.......... ..; ............................ * New Orleans......... . i......... ....... . Seattle...... .......... .... i.......... .. .* ffotal for weel$: ended September 27 j 1935*.......... i• (Tötal receipts through September 27, 1935* <........ I 766*00 fine 1,031*00 ” 577*00 831«00 11 232« 00 9 ■ ■ 305*0,0 11 3,742*00 " 112,998^989.00 ” ounces H II It [RECEIPTS OF GOLD EY THE MINTS AND ASSAY OFFICES: leek ended September ■ Philadelphia.... ) New York. •......... i San Francisco.... r Denver.... ....... I New Orleans....... * Seattle*.......... Total for week ended 27, 1935: Imports_____ ..............$ 9,893*73 ....... 76,067,000.00 ........ , ..... 250,019.94 .............. 32,737*00 .............. 2,127.08 • «*••*•••«••• • September 27*.$76,361,777.75 New Domestic Secondary 1,262*00 $195,760,54 $ 55,600*00 252,800*00 1,292,367*52 39,774.71 609,105*00 71,392*00 427*20 28,285.89 530.367*99 16.095*20 $604,108.34 $2,489,129*71 SOLD RECEIVED EY FEDERAL RESERVE BARKS AND THE TREASURER1S OFFICE: (Under Secretary’s Order of December 28, 1933) Received by Federal Reserve Banks: Gold Coin Week ended September 25*.••«.••• $ 10,872.26 ; Received p r e v i o u s l y * * 3 0 c778,214*99 Total to September 25.... .... $30,789,087*25 Received by Treasurer’s Office: Week ended September 25*.•••.••• $ ; Received previously. _ Total to September 25........... $ PTE: 300.00 265.156.00 265.456.00 Gold bars deposited with the New York Assay Office in the amount of $200,572*69 previously reported* Gold Certificates $ 359,210*00 97^335.920*00 $97,695,130.00 $ 4,800*00 2.232.600*00 $2,237,400.00 ; f ji t e f » - SRE^SURY DEPARTMENT * P T P OR RELEASE, MORNING PAPERS, Friday,. October 4, 1935* STATEMENT BY ACTING SECRETARY OF THE TREASURY COOLIDGE > The Secretary of the Treasury gives notice that tenders are invited for two. series of Treasury hills to the aggregate amount of $100,000,000, or thereabouts» pne series will he 159-day hills and the other series will he 273-day hills. sériés will he sold on a discount basis to the highest bidders. Both Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o*clock p.m., Eastern Standard time, on Monday, October 7, 1935» Tenders will not he received it the Treasury Department, Washington. The Treasury hills will, as stated, he issued in two series, $50,000,000, or thereabouts, maturing on March 16, 1936, and $50,000,000, or thereabouts, maturing on July 8 , 1936; both series to he dated October 9, 1935-. Bidders will he required tp specify the particular series for which each tender is made. The face amount of the hills of each series will he payable without interest on their respective maturi ty dates. The hills will he issued in hearer form only, and in amounts or denomina tions of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders he made on the printed forms and forwarded in the special envelopes which will he supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will he considered. he in multiples of $1,000» Each tender must The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not he used. Tenders will he accepted without cash deposit from incorporated hanks and.trust companies and from responsible and recognized dealers in investment securities. Ten ders from others must he accompanied by a deposit of 1 0 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated hank or trust company. } EKE* 2~ Immediately after the closing hour for receipt of tenders oh October 7, 1935, all hders received at the Federal Reserve Ranks or -branches thereof up to the closing dr will be opened and public announcement of the acceptable prices for each series ¡1 follow as soon as possible thereafter, probably on the following morning* The jjcretary of the Treasury expressly reserves the right to reject any or all tenders ¡parts of tenders, and to allot less than the amount applied for, and his action |any such respect shall be final. Any tenders ..which does not specifically refer to ¡ particular series will be subject to rejection* Those submitting tenders will be ¡vised of the acceptance or rejection thereof* Payment at the price offered for |easury bills allotted must be made at the Federal Reserve Banks in cash or other ¡mediately .available funds on October 9, 1935# The Treasury bills will be exempt, as to principal and interest, and any gain pm the sale or other disposition thereof will also be exempt, from all taxation, fcfefet estate and inheritance taxes. (Attention is invited.to Treasury Decision 4550, ding that Treasury bills are not exempt from the gift tax*) No loss from the sale I other disposition of the Treasury bills shall be allowed as a deduction, or other— |se recognized, for the purposes of any tax now or hereafter imposed by the United fates or any of its possessions* - Treasury Department Circular No* 418, as amended, and this notice prescribe the pis of the Treasury bills and govern the conditions of their issue* Copies of the Ircular may be obtained from any Federal Reserve Ranis or branch thereof* ooOoo TESASIo*7 ÜSBAETIBilT Washington ìm t o W S D m FOB THE PRESS ( ' October 7, 1935. ¡RECEIPTS OF SIL75R BY riiE III'TTS AHD ASSAY OFFICES,: (Under Executive Proclamation of December 21, 1933) as amended Week ended October 4, 1935: [ Philadelphia . ................... . : San Francisco ...................... Denver ............. ........ ........ Total for week ended October 4, 1935 . Total receipts through October 4, 1935 .. 160,894.24 f ine o u n c es .. 313,426.96 " " .. 14,119.00 " " .. 488,440.20 " " 48,646,000.00 11 " [SILVER TRANSFERRED TO UNITED STATES : (Under Executive Proclamation of August 9, 1934) Week ended October 4, 1935: Philadelphia ............... \ New York .......................... San Francisco ..................... . ; Denver .............................. New Orleans ..... ...... ............ Seattle ........................... Total for week ended October 4, 1935 . ¡Total receipts through October 4, 1935 --fine ounces 308.00 " " 597.00 446*00 . .. 146.00 1,497.00 113,000,486.00 RECEIPTS OF GOLD BY THE MINTS ADD ASSAY OFFICES: leek ended October 4, 1935: Imports Philadelphia ............. $ 3,789.10 New York ................ 103,032,600.00 San Francisco ............ 356,910,82 Denver ..... 16,981.00 New Orleans .............. 549.89 Seattle Total for week ended October4 $103,410,830.81 Secondary Hew Domestic $204,563.34 $ 288.37 305,100.00 50,597.71 1,379,624,79 22,935.00 510,876.00 54,124.24 169.89 15,973,42 530,605.24 $653,293.71 $2,421,564.29 GOLD RECEIVED BY FEDERAL RESERVE BAKES AHD THE TREASURER S OFFICE: (Under Secretary’s Order of December 28, 1933) Received by Federal Be serve Banks: Gold Coin leek ended October 2 . . ..... $ 22,638.78 Received previously........ 30, 789,087,25 Total to October 2 ......... $30,811,726.03 ¡Received by Treasurer’s Office: ■ Week ended October 2 ....... $ I Received previously ....... Total to October 2 ........ $ 0 0 0 . 00 265,456. 00 265,456. 00 Note: Gold bars deposited 'with the Hew York Assay Office in the amount of $200,572.69 previously reported. Gold Certificates $ 281,060.00 97,695,130^ 00 $97,976,190. 00 $ 4,700.00 2,237,400. 00 $ 2,242,100.00 FOR RELEASE, MORNING PAPERS, Friday, October 11, 1935« •Eh&SURY DEPARTMENT STATEMENT BY ACTING SECRETARY OF THE TREASURY COOLIDGE Th-e Secretary of the Treasury gives notice that tenders are invited for two. series of Treasury "bills to the aggregate amount of $100,000,000, or thereabouts» One series will he 153-day hills and the other series will he 273-day hills» series will he sold on a discount basis to the highest bidders* Both Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o*clock ' p.m*, Eastern Standard time, on Monday, October.14, 1935* Tenders will not he received at the Treasury Department, Washington» The Treasury hills will, as stated, he issued in two series, $50,000,000, or thereabouts, maturing on March 16, 1936, and $50,000,000, or thereabouts, maturing on July 15, 1936; both series to he dated October 16, 1935» Bidders will he required to specify the particular series for which each tender is made* The face amount of the hills of each series will be payable without interest on their respective maturity dates* The hills V\rill he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and ^1,000,000 (maturity value)» It is urged that tenders he made on the printed forms and forwarded in the special envelopes which will he supplied by the Federal Reserve Banks or branchés upon application therefor» No tender for an amount less than $1,000 will he considered* he in multiples of $1,000. Each tender must The price offered must he expressed on the basis of 100, with not more than three decimal places, e.g., 99.125* Fractionsmust not he used» Tenders will he accepted without cash deposit from incorporated hanks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must he accompanied by a deposit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated hank or trust company» Immediately after the closing hour for receipt of tenders on October 14, 1935, all tenders received at the Federal Reserve Banks or "branches thereof up to the closing hour will he opened and public announcement of the acceptable prices for each sepies will follow as soon as possible thereafter, probably on the following morning* The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final# Any tender which does not specifically refer to a particular series will be subject to rejection» Those submitting tenders will be advised of the acceptance or rejection thereof* Pay ment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on October 16, 1935. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes* (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax). No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduc tion, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions» Treasury Department Circular No# 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue# Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof» ooOoo TREASURY DEPARTMENT Washington MEMORANDUM FOR THE PRESS October 14, 1935» s i l v e r b y t h e m i n t s ,AND ASSAY PEE ICES: (Under Executive Proclamation of December 21, 1933) as amended receipts o e Week ended October 11, 1935: Philadelphia*............. ........ ....... ........ San Erancisco................................ ..... Denver* • .......... . ............ .......... ....... . Total for week ended October 11, 1935............ . Total receipts through October 11, 1935........... 300,212,34 fine ounces 464,173,29 « " 7.357*67 “ 11 771,743.30 49,418,000.00 SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended October 11, 1935: Philadelphia..... ............... . New Y o r k .... .................................... San F r a n c i s c o.............. ............ ......... Denver..... ............................... ....... Hew Orleans.......... . .............. ............ Seattle*.............................. . ...... . Total for week ended October 11, 1935...... ...... . Total receipts through October 11, 1935*...... ... 596.00 fine ounces 1,056,00 106.00 385.00 283.00 195.00 2,621.00 113,003,107*00 RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: Week ended.October 11, 1935: Imports Philadelphia. ................ .$ — T -* New York*................ 36,194,500,00 142,549,28 San Francisco*........... Denver........ ........... 88*682.00 16,659*58 New Orleans, Seattle*...................... *** Total for week ended October 11*$36,442,390.86 New Domestic $ 200,24 51,300,00 1,824,479,56 492,610,00 63,37 803*418,62 $3,172,071.79 Secondary $165,tel9,65 184,500,00 47,382.70 37,533,00 35,088,77 16^797.25 $486,921.37 COLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER1S OFFICE: (Under Secretary*s Order of December 28, 1933) Received by Federal Reserve Banks? Gold Coin 15,205,06 30.811*726.03 $30,826,931.09 Gold Certificates $ 255,960,00 97.976.190,00 $98,232,150.00 $ 1 2 ,6 0 0 ,0 0 2.242.100,00 $ 2,254,700.00 $ Received by TreasurerVs Office: Week ended October 9......... Received previously......... Total to October 9........ . NOTE; $ ___________ 265.456.00 265,456.00 Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. $ RIASURY DEPARTMENT FOR RELEASE, MORNING- PAPERS, Friday, October 18, 1935* STATEMENT BY ACTING- SECRETARY OE THE TREASURY COOLIDGE THe Secretary of the Treasury gives notice that tenders are invited for two. iSeries of Treasury hills to the aggregate amount of $100,000,000, or thereabouts* lie series will be 14^-day bills and the other series will be 273— day bills* series will be sold on a discount basis to the highest bidders. Both Tenders will be ¡received at the Eederal Reserve Banks, or the branches thereof, up to two o ’clock ¡p.m*, Eastern Standard time, on Monday, October 21, 1935. Tenders will not be received at the Treasury Department, Washington* The Treasury bills will* as stated, be issued in two series, $50,000,000, or ¡^hereabouts, maturing on March 16, 1936, and $50,000,000, or thereabouts, maturing non July 22, 1936; both series to be dated October 23, 1935* Bidders will be •irequired to specify the particular series for which each tender is made* The face |knount of the bills of each series will be payable without interest on their^respective maturity dates* The bills will be issued in bearer form only, and in pnounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 Imaturity value)* It is urged that tenders be made on the printed forms and forwarded in the [special envelopes which will be supplied by the Eederal Reserve Banks or branches [upon application therefor* No tender for an amount less than $1,000 will be considered* |e in multiples of $1,000. Eacn tender must The price offered must be expressed on the basis of POO,|with not more than three decimal places, e*g*, 99*125. Fractions must not be jused* Tenders will be accepted without cash deposit from incorporated banks and [trust companies and from responsible and recognized dealers in investment securi ties* Tenders from others must be accompanied by a deposit of 10 per cent of the % ;f' v — 2face amount of Treasury "bills applied for, unless the tenders are accompanied "by an express guaranty of payment by an incorporated bank or trust company# Immediately after the closing hour for receipt of tenders on October 21, 1935. all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices for each series will follow as soon as possible thereafter, probably on the following morning# The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Any tender which does not specifically refer to a particular series will be subject to rejection. Those submitting tenders will be advised of- the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on October 23, 1935. The Treasury bills will be exempt, as to principal and interest, and any gain from the sode or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treo,sury Decision 4550, ruling that Treasury bills are not exempt from the gift tax#) ITo loss from the sale or other disposition of the Treasury bills shall be allowed as a decluc«* tion, or otherwise recognized, for the purposes of any.tax now or hereafter imposed by the United States or any of its possessions# Treasury Department Circular Ho. 418, as amended, and this notice prescribe I the terms of the Treasury bills and govern th e conditions of their issue. Copies || of the circular may be obtained from any Fede ral Reserve Bank or branch thereof# ► ooOoo O' TREASURY DEPARTMENT Washington October 21, 1935* iORANDUM FOR THE PRESS silver by the mints a n d a s s a y upf i c e s : (Under Executive Proclamation of December 21, 1933) as amended receipts o f leek ended October 18, 1935: Philadelphia *..•**•*.•»»• San Francisco«•..................... Denv er *••••»•••*••*•**»«*»••»»••»«* Total for week ended October 18, 1935 •• *• Total receipts through October 18, 1935 • ♦ 318,874,23 fine ounces 380*700.95 11 n 7.519,37 707,094,55 50,127,000.00 SILVER TRANSFERRED TO UNITED STATES': (Under Executive Proclamation of August 9, 1934) Week ended October 18, 1935: Philadelphia.................. New York*.......................... ........... . San Francisco **••*•■#■*■».*• • »»»»«»»'»»»•’ »•••'»»••• * Denver............ ................. ............. New Orl eans ........... Seattle*...... . * •. .»..%*....*•••*...... «... Total for week ended October 18, 1935*............ 509,72 fine ounces it 5,188,60 it IT 840,00 « It 367,40 it It 333*82 it It 137,43 it it It 7,376.97 ft 113,010,483.97 n RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES': Secondary Imports Week ended October 18, 1935: 24,932,88 $155,019,43 Philadelphia* •. * .... .. • ..* 119,432,400,00 207,800,00 New York ...... 540,848,80 44,103,91 San Francisco.. ... 18,317*16 32,287,60 Denver.....*««. ... 4,135.01 39,479,70 New Orleans *.. 12,528*96 Seattle1 *.v . .... Total for week ended October 18.-,$120,020,633*85 $491,219,60 New Domestic £ 277,10 182,200,00 1,268,759,25 602,621,23 392', 33 225,686.49 $2,279,936,40 GOLD RECEIVED BY FEDERAL RESERVE, BANKS AND THE TREASURER VS OFFICE: (Under Secretary *s Order of December 28, 1933) Received by Federal Reserve Banks: Gold Coin , Week ended October 16*......... .$ _ 18-,487,98 • • « 30*826*931,09 Received previously......... Total to October 1 6 .... . •. ...$30,845,419.07 Gold Certificates $ 360,490,00 98.232*150,00 $98,592,640.00 Received by Treasurer*s Office Week ended October 16-,•••*** . . . $ ----------265*456,00. Received previously *••••*.• ..* .*,$ 265,456.00 Total to October 16»>•*•»»•* NOTE* Gold bars deposited with the New York Assay Office in the amount of $200,572,69 previously reported. $ 19,000.00 2 f254.700.00 $ 2,273,700.00 treasury d e p a r t m e n t EOR RELEASE, MORNING PAPERS, Friday, October 25, 1935« STATEMENT BY SECRETARY MORGENTHAU TRe Secretary of tne Treasury gives notice that tenders are invited for two series of Treasury "bills to tlie aggregate amount of $100,000,000, or thereabouts» One series will be 138-day bills and the other series will be 273-day bills» Both series will be sold on a discount basis to the highest bidders» Tenders will "be received at the Federal Reserve Banks, or the branches thereof, up to two o’clock p.m., Eastern Standard time, on Monday, October 28, 1935. Tenders will not be received at the Treasury Department, Washington» The Treasury bills will, as stated, be issued in two series, $50,000,000, or thereabouts, maturing on March 16, 1936, and $50,000,000, or thereabouts, maturing on July 29, 1936; both series to be dated October 30, 1935. Bidders will be required to specify the particular series for which each tender is made» The face amount of the bills of each series will be payable without interest on their respective maturity dates» The bills will be issued in bearer form only, and in amounts or denominations of $1,000, 310,000, $100,000, $500,000, and $lr000,000 (maturity value)» It is urged that tenders be made on the printed forms and forwarded in the special envelopes which v/pll be supplied by the Federal Reserve banks or branches upon application therefor* No tender for an amount less than $1,000 will be considered» be in multiples of $1,000. Each tender mus The price offered must be expressed on the basis of 100,.with not more than three’decimal places, e»g* , 99*125» Fractions must not be used* Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi— I ties. Tenders from others must he accompanied hy a deposit of 1 0 per cent of the I face amount of Treasury hills applied for, unless the tenders are accompanied hy ! I an express guaranty of payment hy an incorporated hank or trust company. Immediately after the closing hour for receipt of tenders on October 28, . I 1935, all tenders received at the Federal Reserve Banks or branches thereof up i to the closing hour will he opened and public announcement of the acceptable prices I for each series will follow as soon as possible thereafter, probably on the I following morning. The Secretary of the Treasury expressly reserves the right I to reject any or all tenders or parts of tenders, and to allot less than the amount 1 applied for, and his action in any such respect shall be final. Any tender which does not specifically refer to a particular ser ies will be subject to rejection. 1 Those submitting tenders will be advised of the acceptance or rejection thereof. I Payment at the price offered for Treasury bills allotted must be made at the Pedepal Reserve Banks in cash or other immediately available funds on October 30, 1935. Tlie Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gifh tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduc tion, or otherwise recognized, for the purposes of any tax now or hereafter imposed "by the United States .or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue# Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTMENT Washington lfF,MOBANDUM EOR THE PRESS October 28, 1935, AND ASSAY OPE ICES; (Under Executive Proclamation of December 21, 1933) as amended receipts oe silver by the mints Week ended October 25, 1935; Philadelphia ..... .................... ........... San F r a n c i s c o ....... ............................. Denver .......... ........................ Total for week ended October 25, 1935......... . Total receipts through October 25, 1935...... . 410,328*61 fine ounces 555,111.91 M » 6.943.65 I *' 972,384.17 M '* 51,099,000.00 n 11 SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended October 25, 1935; 334.82 fine ounces Philadelphia...................................... . it New York*.......................... ............... it 405.00 San Francisco.............. ...... ................. 739,03 Denver............ ........................... . 314,56 New Orleans.......................... ............ . Seattle................. .......... ,.............. . ...... 116.05 " 1,909.46 ft Total for week ended October 25, 1935. " Total receipts through Octobe r 25, 1935........ .... 113,012, 393 .43 11 RECEIPTS OF GOLD BY- THE MINTS AND ASSAY OFFICES; Week ended October 25, 1935s Imports .,..$ 7,834.75 Philadelphia. .... 38,034,000.00 New York.*......... . 146,373.75 San Francisco.............. .... 62,553.05 Denver.............. ...... . ..•• i t O * ^ New Orleans.............. S03st/ • • • • Total for v^eek ended October 25..$38,250,761.55 Secondary $179,298.60 466,500,00 40,786,49 52,199.52 38,279.05 14,238.66 $791.302*32 New Domestic 1,154,68 $ 189,700,00 1 ,779,256,67 505,589,17 884,75 980,680.17 $3 ,457,265.44 GOLD RECEIVED BY THE FEDERAL RESERVE BANKS AND THE TREASURER*S OFFICE; (Under Secretary*s Order of December 28, 1933) Received by Federal Reserve Banks; Gold Coin Week ended October 2 3 . 1 3 , 4 4 0 , 0 4 Received previously. 30 ,J>45,419 ,,Q7 Total to October 23.............$30,858,859.11 Received by Treasurer*s Office; •Week ended October 23......... •$ Received previously*.......... * • Total to October 23.............$ ROTE; 600,00 265.456.00 266,056.00 Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. G-old Certificates $ 235,540,00 98.592.640,00 $98,828,180.00 $ 4,400.00 2,273.700,00 $ 2,278,100.00 POE. r e l e a .s e , h o m i n g p a p e r s , Wednesday, October 30, 1935» I TREASURY DEPARTMENT STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for two. series of Treasury hills to the aggregate amount of $100,000,000, or thereabouts. | One series will be 131-day bills and the other series will be 273-day bills. i series will be sold on a discount basis to the highest bidders. Both Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o*clock | p«m., Eastern Standard time, on Friday, November 1, 1935. Tenders will not be t received at the Treasury Department, Washington. The Treasury bills will, as stated, be issued in two series, $50,000,000, or I thereabouts, maturing on March 16, 1936, and $50,000,000, or thereabouts, maturing on August 5, 1936; both series to be dated November 6 , 1935. Bidders will be [ required to specify the particular series for which each tender is made* The face ) I amount of the bills of each series will be payable without interest on their respective maturity dates. The bills will be issued in bearer form only, and in I amounts or denominations of $1,000, $10,000, $100,000, $500,000 and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the : special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered* Each tender must he in m u ltip les of $1,000. The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not be | used. i Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi- h ties* Tenders from others must he accompanied by a deposit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied hy an | express guaranty of payment hy an incorporated hank or trust company« Immediately after the closing hour for receipt of tenders on November 1« 1935, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will he opened and public announcement of the acceptable prices :w for each series will follow as soon as possible thereafter, probably on thejfoilow ing morning« The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final* Any tender which,does, not specifically refer to a particular series will be subject to rejection* Those submitting tenders will be advised of the acceptance or rejection thereof* Payment I at the price., offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on November 6 , 1935« The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes* (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax*) No losu from the sale or other disposition of the Treasury bills shall be allowed as a deducti^^J or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions* Treasury Department Circular No* 418, as amended, and tnis notice prescribe the terms of the Treasury bills and govern-the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch tnereof* ooOoo TREASURY DEPARTMENT Washington November 4, 1935« tOUiORANDUM FOR THE PRESS RECEIPTS 0? SILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) as amended Week ended November 1, 1935: Philadelphia San Francisco..................................... Denver.......... ................ ............ ..... Total for week ended November 1, 1935............ . Total receipts through November 1, 1935« .......... . 701,353.56 fine ounces n u 438,576.46 it h 6.522,67 h i t 1,146,452.69 i t h 52,246,000.00 SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended November 1, 1935: .. Philadelphia.................... 460.35 fine ounces ti New York........................ 67.50 * tt San Francisco............ 51.00 it Denver............ 711.82 11 it New Orlaans................ ................. 103.61 " h Seattle.......... ............ ................. . .___ : ___ ^R4*25 11 it Total for week ended November 1, 1935..............• 1,618.53 M it Total receipts through November 1, 1935.......... . 113,014,011.96 RECEIPTS OF GOLD 3Y THE MINTS AND ASSAY OFFICES: Imports , Week ended November 1, 1935: 17,154,06 Philadelphia......... ...... ... 60,102,000,00 New York.................... 533,201.99 San Francisco............... ... 19,947.88 Denver.......... ............ 710.86 New Orleans ................ Seat tl c«.««.......«»•»•••••• Total for week ended November 1..$60,673,014.79 New Domestic i T4â3?iç50 24,200,00 1,057,325,45 524,374,67 1,046,28 431.913,84 $2,043,231.74 Secondary $155,441,35 237,200,00 53,529,84 23,772,11 13,084,65 10.542.48 $493,570.43 GOLD RECEIVED BY THE FEDERAL RESERVE BANES AND THE, TREASURER'S OFFICE (Under Secretary's Order of December 28, 1933) Received by Federal Reserve Banks: Gold Coin Week ended October 30.....••••»•$ 24,028.90 Received previously.•••••••..... 50.858»359.11^ Total to October 30.«.•••••.....$30,882,888.01 Received by Treasurer's Office: Week ended October 3 0 . • $ - - - - - Received previously...... ...... . 266.056.00, Total to October 30............. $ 266,056.00 NOTE: Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. Gold Certificates $ 260,810,00 98.828.130.00 ,, $99,088,990.00 $ 4,400,00 2^278.100.00 $ 2,282,500.00 Rof.' f TREA.SUHY DEPARTMENT I • FOR RELEASE, MORNING PAPERS\ Wednesday, November 6 , 1935« STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for two, I series of Treasury hills to the aggregate amount of $100,000,000, or thereabouts. ! : One series will he 124-day hills and the other series will he 273-day hills. i series will he sold on a discount basis to the highest bidders. Both Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o*clock I p*m,, Eastern Standard time, on Friday, November 8 , 1935. Tenders will not he 1 received at the Treasury Department, Washington. The Treasury hills will, as stated, he issued in two series, $50,000,000, or 1 thereabouts, maturing on March 16, 1936, and $50,000,000, or thereabouts, maturing ; on August 12, 1936; both series to he dated November 13, 1935. I Bidders will he required to specify the particular series for which each tender is made. The face I amount of the hills of each series will he payable without interest on their 1 respective maturity dates. The hills will he issued in hearer form only, and in | amountsor denominations of $1 ,0 0 0 , $1 0 ,0 0 0 , $1 0 0 ,0 0 0 , $500,000, and $1 ,0 0 0 ,0 0 0 (maturity value). It is urged that tenders he made on the printed forms and forwarded in the special envelopes which will he supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will he considered. I must he in multiples of $1,009. Eacn tender The price offered must be expressed on the basis of 100,.with not more than three decimal places, e.g., 99.125». Fractions must not te used. Tenders will he accepted without cash deposit from incorporated hanks and trust companies and from responsible and recognized dealers in investment securi— ~2~ ties* Tenders from others must tie accompanied "by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company» Immediately after the closing hour for receipt of tenders on November 8 f 1935, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices for each series will follow as soon as possible thereafter, probably on the following morning* The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final* Any tender which does not specifically refer to a particular series will be subject to rejection* Those submitting tenders will be advised of the acceptance or rejection thereof* Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on November 13, 1935* The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes* (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax*) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions* Treasury Department Circular No* 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue* Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof* ooOoo /I TREASURY DEPARTMENT Washington üMORANDUM November 11, 1935< FOR THE PRESS PT.flF.IFTS OP SILVER BY THE MINTS AND ASSAY OPE ICES: (Nader Executive Proclamation of December 21, 1933) as amended Week ended November 8 , 1 9 3 5 : Philadelphia............ ......... ......... ••••••< San Francisco............................... . Denver...................... .................... Total for week ended November 8 , 1935............ Total receipts through November 8 , 1935.......... . 211,315.07 fine ounces 92,039.02 11 * 17.196.25 ** 11 320,550.34 * 52,566,000,00 " ** SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended November 8 , 1935: Philadelphia. *• • ........ . New York* .*•••••. *........... ........ ........... San Francisco.. •......... ............. ......... Denver.................. ......................... New Orleans.... *........... ....... ............. Seattle.......... ........... . *.............. Total for week ended November 8 , 1935....*..... . I Total receipts through November 8 , 1935 .......... 170.00 fine ounces 447.65 * " 590.92 231.73 1,440.30 113,015,000.00 11 v f RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: Imports Week ended November 8 , 1935: 5,524,33 Philadelphia.................. .$ New York....... *............... 19,192,000,00 San Francisco. .... . 109,322,13 Denver......... .......... ..... 49,213,36 New Orleans.................... 12,936,69 ............................... ~ ~ ----Total for week ended November 8..$19,368,996.51 Secondary New Domestic $ 166,468,64 $ 297,82 371,100,00 251,200.00 45,781,20 1,660,849*70 36,156,24 461,541,78 70,424.77 587,19 15.406.23 668.593.73 $ 705,337.08 $3,043,070,22 GOLD RECEIVED BY THE FEDERAL RESERVE RANKS AND THE TREASUR E R S OFFICII8 (Under Secretary*s Order of December 28, 1933) Received by Federal Reserve Banks :Gold Coin ... leek ended November 7 . ........ •$ 18,302.84 Received previously. ........ .. 50*882.888.01 Total tolbmsnber 7 ....... ..$30,901,190.85 Received by Treasurer*s Office: leek ended November 7..•••••♦•••$ Received previously,. •. Total to November 7.............$ NOTE: 200,00 266.056.00 266,256.00 Gold Certificates $ 478,730.00 • 99,088,990.00 $99,567,720.00 $ 4,100,00 2,282,500.00 $ 2,286,600.00 Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. TREASURY department FOR RELEASE, MORNING PAPERS, Friday, November 15, 1935* STATEMENT BY SECRETARY MORGSNTHAU The Secretary of the Treasury gives notice that tenders are invited for two series of Treasury bills to the aggregate amount of $100,000,000, or thereabouts. One series will be 117-day bills and the other series will be 273-day bills. a discount basis to the highest bidders. Both series will be sold on Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o’clock p.m., Eastern Standard time, on Monday, November 18, 1935. Tenders will not be received at the Treasury Department, Washington, The Treasury bills will, as stated, be issued in two series, $50,000,000, or thereabouts, maturing on March 16, 1936, and $50,000,000, or thereabouts, maturing on August 19, 1936; both series to be dated November 20, 1935. the particular series Bidders will be required to specify for which each tender is made. The face amount of the bills of each series will be payable without interest on their respective maturity dates. The bills 'will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and for warded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. Each tender must be in multiples of $1,000. The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securities. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. Immediately after the closing hour for receipt of tenders on November 18, 1935, all tenders received at the Federal Reserve Banks' or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices for each series will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or pa.rts of tenders, and to allot less thou the amount applied for, and his action in any such respect shall be final. Any tender which does not specifico.lly refer to a particular series will be subject to rejection. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made c.t the Federal Reserve Banks in cash or other immediately available funds on November SO, 1935# The Treasury bills will be exempt, as to principa.1 and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift ta.x,) No loss from the sale or other disposition of the Treasury bills shall be allowed ns a deduct ion, or otherwise recognized, for the purposes of any tax now -or here -3i after imposed by the United States or any of its possessions. Treasury Department Circular No, 418, as mended, and this : notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. 0 0 O 00 TREASURY DEPARTMENT FOR RELEASE, MORNING- PAPERS?, Friday, R o y ember 22, 1935, STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for two. series of Treasury bills to the aggregate amount of $100,000,000, or thereabouts« One series will be 110-day bills and the other series will be 273-day bills. Both series will be sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two 0*clock p.m., Eastern Standard time, on Monday, November 25, 1935, Tenders will not be received at the Treasury Department,, Washington. The Treasury bills will, as stated, be issued in two series, $50,000,000, or thereabouts., maturing on March 16, 1S36, and $50,000,000, or thereabouts, maturing on August 26, 1936; both series to be dated November 27, 1935. Bidders will be required to specify the particular series for which each tender is made. The face amount of the bills of each series will be payable without interest on their respective maturity dates. The bills will be issued in bearer form only, and in amounts or denominations of $1 ,0 0 0 , $1 0 ,0 0 0 , $1 0 0 ,0 0 0 , $500,000, and $1 ,0 0 0 ,0 0 0 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. must be in multiples of $1,000. Each tender The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 percent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment "by an incorporated bank or trust company* Immediately after the closing hour for receipt of tenders on November 25, 1935, all tenders received at the Federal Reserve Banks or branches thereof, up to the closing hour will be opened and public announcement ofthe acceptable prices for each series will follow as soon as possible thereafter, probably on the following morning* The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action In any such respect shall be final* Any tender which does not specifically refer to a particular series will be subject to .rejection* Those submitting tenders will be advised of the acceptance or rejec tion thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on November 27, 1935* The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax*) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction or otherwise recognized, for the purposes of any £ax now or hereafter imposed by the United States or any of its possessions* Treasury Department Circular No* 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue* Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof* ooOoo TREASURY DEPAET1CTT Washington November 25, 1935« MEMORANDUM PUR THE PRESS RECEIPTS OP SILVER BY THE MINTS AND ASSAY OPE ICES: (Under Executive Proclamation of December 21, 1933) as amended feek ended November 22, 1935: | Philadelphia... .............. ..................... San Francisco*... *..............*•••*••.......• Denver.................... ........ ................ Total for week ended November 22, 1935* •••••••••••• • Total receipts through November 22, 1935*.......... 561,636.77 #ine ounces 571,359.48 6,620.54 11 1,139,616.79. 11 55,137,000.00 ” SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended November 22, 1935: Philadelphia............ ......... ••••**.••...... . New York ............. ....... .......... ........ . San Francisco*•.......... ................... . Denver.......................... .................. New Orleans........ .....................,........* Seattle............. ........ ........... ..... ...... . 103.00 fine ounces 5,943.40 11 1,501.00 670.36 JJ « 351.28 ....... ^ 9 0 Total for week ended November 22, 1935.... ......... 8,799.94 Total receipts through November 22, 1935*.......... • * 113,026,965.42 " " ” RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: feek ended November 22, 1935; Imports .. Philadelphia.............. *....*$ 4,858*88 Ne?/ York 48,922,300.00 San Francisco *.... 1,230,200.87 Denver ................ 65,686.89 15,624.00 New Orleans........*....... Seattle* »»«•»»»••»•«»•»»•*»*»•* * *"* *~* _*-* *** *"* Total for week ended November 22..$50,238,670.64 Secondary $136,483.56 255,800.00 42,267.05 40,707.22 40,959.80 34.661.47 $540,879.10 New Domestic $ 1,339,17 291,600,00 1,484,743.43 556,272,26 912,220.21 $3,246,175.07 GOLD RECEIVED BY THE, FEDERAL RESERVE BANKS AND THE TREASURER1S OFFICE: (Under Secretary’s Order of December 28, 1933) Received by Federal Reserve Banks: Gold Coin Week ended November 20**.*••••••$ 18,115.56 .. Received previously.•*.•••«*••• * 50*916.457.53 Total to November 20............$30,934,573.09 Received by Treasurer’s Office: Week ended November 20.*....... $ Received previously. ..... Total to November 2 0 . . $ NOTE: Gold Certificates $ 210,410.00 , 9 5 7 * 210• 0.0.— . $99,967,620.00 $ 266,256.00 266,256.00 Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. 6,400,00 2,294,600.00 $' 2,301,000.00 FOR r e l e a .s e , moreiiig p a p e r s , Friday, November 29, 1935» TREASURY DEPARTMENT STATEMENT BY SECRETARY MORGSNTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273~day I bills; and will he sold on a discount basis to the highest bidders. Tenders will iH I be received at the Federal Reserve Banks, or the branches thereof, up to two 1 o’clock p.m*, Eastern Standard time, on Monday, December 2, 1935. Tenders will not I be received a t the Treasury Department, Washington. The Treasury bills will be dated December 4, 1935, and will mature on September 2, 1936, and on the maturity date the face amount will be payable without ~—\SWr!P“ I interest. They will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the s special envelopes which will be supplied by the Federal Reserve Banks or branches I upon application therefor. No tender for an amount less than $1,000 will be considered. be in multiples of $1,000. Each tender must The price offered must be expressed on the basis of | 100,.with not more than three decimal places, e.g., 99.125. Eractionsmust not be . I used. Tenders will he accepted without cash deposit from incorporated hanks and ; trust companies and from responsible and recognized dealers in investment securi— s ties. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by 1 an express guaranty of payment by an incorporated bank or trust company. Immediately after the closing hour for receipt of tenders on December 2,1935, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices'will fallow as soon as possible thereafter, probably on the following morning« The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders,, and to allot less than the amount applied for, and his action in any such respect shall be final« •Those submitting tenders will be advised of the acceptance or rejection thereof« Payment at the price offered for Treasury hills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on December 4, 1935# The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes« (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax«). Ho loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction or otherwise recognized, .for the purposes of any tax now or hereafter imposed by the United States or any of its possessions« Treasury Department Circular Ho* 418, as amended, and tnis notice prescribe the terms of the Treasury bills and govern the conditions of their issue# .Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof« ooOoo TREASURY DEPARTMENT Taskington m MORANDUM EOR THE PRESS December 2, 1935. ptM P T S OP SILVER BY THE MINTS AND ASSAY PEE ICSS: (Under Executive Proclamation of December 21, 1933) as amended leek ended November 29, 1935: Philadelphia* .................. ................. San Erancisco.............*....................... Denver ....................... ......... ,... ...... Total for week ended November 29, 1935..... ....... Total receipts through November 29, 1935....... . 433,192*62 fine ounces 518,338.05 " " 5,757.12 " 11 957,287*79 " M 56,194,^00.^0 SILVER TRAITSSSRRED TO UNITED .STATESI "blinder Executive Proclamation of August 9, 1934) Isek ended November 29, 1935: ■ Philadelphia...... .............. .............. New York ................................... . San Erancisco......... .................. . ....... Denver ........................................... New Orl ....................... .................. Seattle. »•»»»■»*•*» »•»•»•»«•»•»•••••••.••••**•••• Total for week ended November .29, 1935............ Total receipts through November 29, 1935......... 90.00 fine ounces 555.15 w " 303*74 169.92 170*14 1,288.95 113,028,254.37 RECEIPTS OE GOLD BY THE MINTS AIID ASSAY OFFICES: Week ended 1lovember 29, 1935: Philadelphia. ............ . . .... New York..« ». ... .. ..... ».. . * ... * San Erancisco............... *. • Denver.... •*...... .... New Orleans............. •. ... *■* • • Scattle... . » » • . • . . . . . • Total for week ended November 29, Imp« ....$ 4,968.36 .... 91,379,500.00 .... 325,132.79 ___ 11,823.38 ------’. . . ____- - --)35. .$9Ï, 721,424.53 Secondary $171,321.91 108,500.00 41,691.42 33,992.78 20,156.35 _ 13,51^1.87 $388,274*33 n n " ,T " 11 “ " " H New Domestic ”$ 113.57 26,300.00 2,103,184.29 398,271.74 127.56 545,215.29 $3,073,212.45 gap. RECEIVED BY FEDERAL RESERVE.BANKS^AND THE TREASURER *S_ ÒRFICA: (Under Secretary's Order of December 28, 1933)' ~ Received by Federal Reserve Banks:_Gold Coin Week ended November 27..*.... ..$ 21,604.26 Received previously............. 3_Dj 934,573.09_ Total to November 27....... ...*$30,956,177.35 Received by Treasurer's Office: Week ended November 27....... *•$ - - - - - Received previously. .......... . __ 266,256.00 Total to November 27..... ...,..$ 266,256.00 ¡fc| Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. Gold Certificates $ 409,770.00 29 , 967 , 629 ♦9 0 ___ $100,377,390.00 $ 4,100.00 _ 2 j 3O l,00U . 00 $ 2,305,109.00 ' iff;fa" I TREASURY DEPARTMENT FOR RELEASE, MORNING PAPERS, Friday,- December 6 , 1935» STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for I Treasury bills to the amount of $50,000,000, or thereabouts. They will be 273-day I tills; and will be sold on a discount basis to the highest bidders. Tenders will I be received at the Federal Reserve Banks, or the branches thereof, up to two o'clock 1 p,m., Eastern Standard time, on Monday, December 9, 1935. Tenders will not be I received at the Treasury Department, Washington, The Treasury bills will be dated December 11, 1935, and will mature on | September 9, 1936, and on the maturity, date the face amount will be payable without 1 interest. They will be issued in bearer form only, and in amounts or denomina.tions ■of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the ■'■special envelopes which will be supulied by the Federal Reserve Banks or branches 1 upon application therefor. No tender for an amount less than $1,000 will be considered. Ike in multiples of $1,000. Each tender must The price offered must be expressed on the basis of 1 100, with not more than three decimal places, e.g., 99.125. Fractions must not be I used. Tenders will be accepted without cash deposit from incorporated banks and ■trust companies and from responsible and recognized dealers in investment securi■ties. Tenders from others must be accompanied by a deposit of 1 0 percent of the |f?ce amount of Treasury bills applied for, unless the tenders are accompanied by H i express guaranty of payment by an incorporated bank or trust company. Immediately after the closing hour for receipt of tenders on December 9, 1935, ill tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and oublie announcement of the acceptable orices will follow as soon as possible.thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount auolied for, and his action in any such respect shall be final* the acceptance or rejection thereof, Those submitting tenders will be advised of payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on December 11, 1935* The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation-, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTMENT Washington M R A N D U M FOR THE PRESS Decemher 9, 1935. TTCGEIPTS OF SILVER 3Y THE MINTS AND ASSAY OPEICES : (Under Executive Proclamation of December 21, 1933) as amended Week ended December 6 , 1935: Philadelphia....................... ............. San Francisco.... .......... ..... ...... . Denver.............. ......... .................. Total for week ended December 6 , 1935.*.......... Total receipts through December 6 , 1935......... . 161,660.00 fine ounces 568,593.96 M 18,141. .89 " " 748,395.85 M n 56,943,000.00 SILVER TRANSFERRED TO UNITED STATES : (Under Executive Proclamation of August 9, 1934) Week ended December 6 , 1935. Philadelphia.......... ....... ............ New York................................... San Francisco...... ............... *...... Denver....... ....... ...................... New Orleans................................ Seattle.................. ................. Total for week ended December 6 , 1935....... Total receipts through December 6 , 1935..... 1,680.00 fine ounces I» 373.25 » it 109.00 » « 416,54 » It 308.06 » II ________ 254.52 n It 3,141.37 » It 113,030,905,21 n SECSIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES : New Domestic ____ Imports______ Secondary Week ended December 6 , 1935: 564,27 .$ 24,071.71 $171,610.64 $ Philadelphia................. 71,500.00 . 114,650,900.00 192,800.00 New York...................... . 658,918.51 60,250.38 1,199,648.75 San Francisco............. . 32,519.07 29,054.10 672,488.72 Denver.................... . - - - - 36,309.23 212.12 New Orleans...... ............ - - - - 15,912.23 640,652.23 oeattle Total for week ended December 6 , 1935..$115,366,409.29 $505,936.58 $2,585,066.09 GOLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER *S OFFICE: (Under Secretary’s Order of December 28, 1933) Received by Federal Reserve Banks: G-old Coin Week ended December 4 .......... $ 40,937.78 Received previously............. 30,956,177.35 Total to December 4 .............$30,997,115.13 Received by Treasurer’s Office: Week ended December 4.......... $ - - ~ - - Received previously............. 266,256.00 ' Total to December 4 ............. $ 266,256.00 NOTE: G-old bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. G-old Certificates $ 142,220.00 100,377,590.00 $100,519,610.00 $ $ 4,900.00 2,305,100.00 2,310,000.00 TREASURY FOR RELEASE, MORNING PAPERS, Friday, December 13, 1935* department STATEMENT 3Y SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury bills to the amount of $50,000,000, or thereabouts. They will be 273-day bills; and will oe sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two ofclock p.m., Eastern Standard time, on Monday, December 16, 1935» Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated December 18, 1935, and will ma.ture on September 16, 1936, and on the maturity da.te the face amount will be payable with out interest. They will be issued in bearer form only, and in amounts or denomina tions of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the ) special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. be in multiples of $1,000. Each tender must The price offered must be expressed on the basis of 100 with not more than three decimal places, e.g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and pust companies and from responsible and recognized dealers in investment securi ties, Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. Mmmi -a Immediately after the closing hour for receipt of tenders on December 16, Il935 all tenders received at the Federal Reserve Banks or branches thereof up to «tie closing hour will be opened and public announcement of the acceptable prices ■ will follow as soon as possible thereafter, probably on the following morning. [The Secretary of the Treasury expressly reserves the right to reject any or all ftenders or parts of tenders, and to allot less than the amount applied for, and his lection in any such respect shall be final. Those submitting tenders will be ¡advised of the acceptance or rejection thereof. Payment at the price offered for |Treasury bills allotted must be ma.de a.t the Federal Reserve Banks in cash or other | immediately available funds on December 18, 1935. The Treasury bills will be exempt, as to urincipa.1 and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, '1 except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from 1 Ithe sale or other disposition of the Treasury bills shall be allowed as a deduction I or otherwise recognized, for the purposes of any tax now or hereafter imposed by | the United States or any of its possessions. Treasury Department Circular No. 418, a,s amended, and this notice prescribe [ the terms of the Treasury bills and govern the conditions of their issue. Copies I of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo FOR RELEASE, MORNING PAPERS, Wednesday, December 18, 1935. jHiUSUil DEPARTMENT STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 274-day tills; and will he sold on a discount basis to the highest bidders. Tenders will te received at the Federal Reserve Banks, or the branches thereof, up to two o'clock p.m., Eastern Standard time, on Friday, December 20, 1935. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated December 24, 1935, and will mature on Septem ber 23, 1936, and on the maturity date the face amount will be payable without interest. They will be issued in bearer form only, and in amounts or denomination^ of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the 1 special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. must be in multiples of $1,000. Each tender The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractionsmust not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers m ties. investment securi Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasurybills applied for, unless tne tenders are accompanied by ah express guaranty of payment by an incorporated oank or trust company. - 2- Immediately after the closing hour for receipt of tenders on December 20, 1935, -ill tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices *ill follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders * or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. the acceptance or rejection thereof. Those submitting tenders will be advised of Payment at the price offered for Treasury hills allotted must be made at the Federal Reserve Banks in cash or other immediate ly available funds on December 24, 1935. The Treasury bills will, be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes, of any tax now or hereafter imposed by the United States >or any of its possessions. Treasury Department Circular No. 418, a,s amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof» ooOoo Gsdkéu^ TREASURY DEPARTMENT Washington I MEMORANDUM, FOR THE PRESS., December 23, 1935* ! graiFTS OF SILVER BY THE MINTS AND ASSAY QEPICES: 1 (Under Executive Proclamation of December 21, 1933) rs amended. ; leek ended December 20, 1935: Philadelphia................................. .. • San franc isco*.................................... Denver* ...... ................................. • [ Total for week ended December 20, 1935............. I Total receipts through December 20, 1935.......... 4 9 9 , 1 2 1 * 0 0 fine ounces 6,265*95 » » 505,386,95 « » 58,574,000.00 » » SILVER .TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Keek ended December 20, 1935: 365.00 fine ounces ti 5,287*86 ” it 459.00 » H 709.22 » n 174.87 » it 135*10 11 it 7,131.05 » t i 112,189,729.15 » Philadelphia*'........................ New York............................... I' San Francisco......................... Denver............................ New Orleans............................ Seattle.... ....... .................... Total for week ended December 20, 1935*. Total receipts through December 20, 1935 RECEIPTS OF SOLD BY THE :RENTS AND ASSAY OFFICES': j leek ended December 20, 1935: Imports Philadelphia......................... $ 2,236.62 | New York............. 12,190,900.00 P San Francisco....................... 1,463,934.68 Denver................................ 78,233.04 New Orleans*......... ............ . - - ~ Seattle.................. ........... *_______2,885*82 Total-for week ended December 20, 1935. $13,738,240.16 New Secondary Domestic $167,584.90 $ 165.76 220,700.00 75,600.00 30,827.04 1,729,596.51 532,847.03 32,956.14 509,04 23,056*65 372,204.44 16,500.80 $491,625.53 $ 2,710,922.78 50LD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER*S OFFICE: (Under Secretary’s Order of December 28, 1933) Received by Federal Reserve Banks: Gold Coin leek ended December 18.......... $ 14,.329v?2: Received Previously,............ 31,021/887.23 Total to December 18,.......... $31,036,216.95 I Received by Treasurer ’s Off ice leek ended December 18. ^ Received previously. Total to December 18 ROTE: G-old Certificates $ 211,220.00 100,912,030.00 $101,123,250.00 $ ■■•o.oo $ $ 266,456.00 266,456.00 $ Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. 8,800.00 2,n.a^oo.oo 2,321,500,00 TREASURY DEPARTMENT FOR RELEASE, MORNING- PAPERS, Tuesday, December 24, 1935. STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are in vited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 274-day hills; and will he sold on a discount basis to the highest bidders. Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o ’clock p. ra,, Eastern Standard time, on Friday, December 27, 1935. Tenders will not he received at the Treasury Department, Washington. The Treasury hills will he dated December 31, 1935, and will mature on September 30, 1936, and on the maturity date the face amount will he payable without interest. They will he issued in hearer form only, and in amounts or denominations of $1 ,0 0 0 , $1 0 ,0 0 0 , $1 0 0 ,0 0 0 , $500,000, and $1,000,000 (maturity value). It is urged that tenders he made on the printed forms and for warded in the special envelopes which will he supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will he considered* Each tender must he in multiples of $1,000. The price offered must he expressed on the basis of 1 0 0 , with not more than three decimal places, e. g., 99.125. Fractions must not he used. Tenders will he accepted without cash deposit from incorpor ated hanks and trust companies and from responsible and recognized dealers in investment securities. Tenders from others must he accom panied by a deposit of 10 per cent of the face amount of Treasury hills - 2 - applied for, unless the tenders are accompanied "by an express guaranty of payment ty an incorporated hank or trust company. Immediately after the closing hour for receipt of tenders on December 27, 1935, all tenders received at the Federal Reserve Banks or "branches thereof up to the closing hour will he opened and public announce ment of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on December 31, 1935. The Treasury bills will be exempt, as to principal a.nd interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes, (Atten tion is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recog nized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. TREASURY DEPARTMENT Washington December 30, 1935. MEMORANDUM FOR THE PRESS RECEIPTS OF -SILVER ..BY THE MINTS AND ASSAY OFFICES: (Under Executive-Proclamation- of December 21,1933) a,s amended Week ended December 27, 1935: Philadelphia .................. ................ San Erancisco ....... .......................... Denver ..................................... * • • • Total for week ended December 2 V, 1935 ...... Total receipts through December 2(7, 1935 ...... .. 143,744,38 fine ounces 271,072.42 " " 7,371.42 ” " 422,188.22 | " ■'58,996,000.00 SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended December 27, 1935: Philadelphia ................................... New .York ........................... . ••....... San Francisco .................................. Denver .................... .................. . New Orleans ...................... ...... ....... Seattle ....................................... * Total for week ended December 27, 1935 ......... . Total receipts through December 27, 1935 ........ RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: Imports Week ended December 27, 1935: $ 20,781.95 Philadelphia ............ 9,854,800.00 New York ............. 381,395.9.9 San Francisco ........... 22,058,75 Denver ................ New Orleans ....... . Seattle ................ $10 *279,036 .t>: Total for week ended December .GOLD RECEIVED 3Y FEDERAL RESERVE : (Under Secretary5s Order Of Dec . 7,973.00 16,091.02 887.00 645.39 194.88 169.01 25,960.30 112,215,689.45 Secondary $105,302.02 78., 200.00 32,718.87 18,228.59 24,098.98 13.530.95 $272,779.41 ? " " " 11 ” " R New Domestic 999.53 31,300.00 1,150,670.77 512,281.92 834.69 401.553.24 '$3,097,640.15 AND THE TREASURER'S OFFICE: 28, 1953.) Received by Federal Reserve Barks: Gold Coin Week ended December 84 ....... $ 10,800.44 deceived Previously .......... 31,036,216.95 Total to December 24. ..... ...... $31,047,017*39 Received by Treasurer's Office: Week ended December 24 ...... $ 000.00 Received previously . ...... . • ■ 266,456.00 Total ta December 24 ............ $ 266,456.00 'ROTE: n I " 11 ” " " Gold’-bars deposited with the New York Assay Office in the amount of $200,572,69 previously reported. Gold Certifica.tgs 272,070.00 101,123,250.00 $101,395,320.00 $ $ 4,100.00 2.321,500.00 $2,325,600.00 FOR RELEASE, MORNING PAPERS Friday, January 3, 1936. TREASURY DEPARTMENT STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are in vited for Treasury "bills to the amount of $50,000,000, or thereabouts. They will he 273-day hills; and will he sold on a discount basis to the highest bidders!. Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o ’clock p, m., Eastern Standard time, on Monday, January 6 , 1936. Tenders will not he received at the'Treasury Department, Washington. The Treasury hills will he dated January 8 , 1936, and will mature on October 7, 1936, and on the maturity date the face amount will he payable without interest. |!|| Ifff They will he issued in hearer form only, and ¡¡g in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1 ,0 0 0 ,0 0 0 (maturity value). It is urged that tenders he made on the printed forms and forwarded in the special envelopes which will he supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will he considered. tender must he in multiples of $1,000. Each The price offered must he ex pressed on the basis of 1 0 0 , with not more than three decimal places, e. g., 99.125. Fractions must not he used. Tenders will he a.ccepted without cash deposit from incorporated "banks and trust companies and from responsible and recognized dealers in investment securities. Tenders from others must he accompanied by a deposit of 10 per cent of' the face ''mount of Treasury hills applied 2 - for, "unless the tenders are accompanied hy en exoress guaranty of payment hy en incorporated bank or trust comeany. Immediately after the closing hour for receipt of tenders on January 6 , 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices will follow as soon as eossible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the m o u n t apelied for, and his action in any such respect shad1 be final* Those submitting ten ders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on January 8 , 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (At ten- tion is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other dis position of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular Do. 418, es amended, and this notice prescribe the terns of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. oOo FOR RELEASE, •MORNING PAPERS, Friday, January 10, 1936* treasury d e p a r t m e n t STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They.will he 273-day bills; and will he sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o’clock p.m., Eastern Standard time, on Monday, January 13, 1936. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated January 15, 1936, and will mature on October 14, 1936, and on the maturity date tho face amount will be payable without interest They will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. be in multiples of $1,000. Each tender must The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 percent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. m Immediately after the closing hour for receipt of tenders on January 13, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will he opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. the acceptance or rejection thereof. Those submitting tenders will be advised of Payment at the price offered for Treasury hills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on January" 15, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sole or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo gw» TREASURY DEPARTMENT 'Washington wimorandum e o r the press For Release, Morning Newspapers, Saturday, January 11. 1936._____ 1-9-36. The calendar year 1935 proved to "be one of the most active in the history of the Mint service, Mrs. Nellie Tayloe Ross, Director of the Mint, announced today. Only two years, 1919 and 1920, have exceeded 1935 in the production of domestic coinage pieces Toy the mints, Mrs. Ross said. During 1935 the total domestic coin age amounted to 560,758,047 pieces with a value of $38,580,423.50. The Director also revealed that since the Mint service was established in 1793 a grand total of 12,593,419,751 pieces of domestic coins have been minted up to and including December 31, 1935. It has been the experience of the Mint Bureau that the demand for silver and minor coins becomes greater during periods of improving business. Purchases of both gold and silver have also made the work of the mints and assay offices during the past calendar year much heavier than usual, it is revealed. Throughout the year it was found necessary to run the mints at times on two and sometimes three shifts to meet the demands for coinage. In addition to the domestic coinage there were supplied for foreign govern ments during 1935, 109,600,850 pieces, making the complete production figure for the year 670,358,897 pieces. The coinage for foreign governments is carried on at cost as a matter of international comity. The countries which availed themselves of the services of the United States mints during the past year were Mexico, Hon duras, Colombia, Venezuela, Cuba, Panama, Nicaragua and Costa Rica. Attached is a tabulation of the silver and minor coinage during the calendar years 1934 and 1935, together with a tabulation of domestic coinage pieces for the last twenty-year period, and a compilation of estimated gold and silver receipts at the mints and assay offices for the period December 29, 1934 through December , 28 1935 . COINAGE EXECUTED AT THE MINTS OF THE UNITED STATES BUSING THE CALENDAR YEARS 1934 and 1935* 1 SILVER Dollars . Half Dollars (Regular) Half Dollars (Commemorative) Calendar Year 1935 (Pieces) 3,540,000 16,019,800 383,247 Value Calendar Year 1934 (Pieces) Value $ 3,540,000,00 3,534,557 $-3,534,557,00 8,009,900.00 12,977,400 6,488,700.00 247,141 ; /123,570.50 191,623.50 Quarter Dollars 43,922,000 10,980,500.00 35,439,252 8,859,813,00 Dimes 85,147,000 8.514,700.00 30.852,000 3.085.200.00 149,012,047 $31,236,723.50 83,050,350 $22,091,840.50 Hive Cent Nickel 80,656,000 $ 4,032,800.OC 27,693,003 1,384,650.15 One Cent Bronze 331,090,000 3,310,900.OC 247,526,000 2,475,260.00 Total Minor 411,746,000 7,343,700.OC 275,219,003 3,859,910.15 Total Domestic Coinage 560,758,047 38,580,423.5( 358,269,353 25,951,750.65 Total Silver MINOR It DOMESTIC COINAGE - PISCES 1915 1916 1917 1818 1919 1920 1921 1922 1923 1924 1925 105,994,510 pieces 347,900,469 ?r 501,030,628 ti 538,160,846 it 738,642,000 it 631,422,290 If 160,364,098 it 95,538,577 it 254,277,250 » 196,522,580 ti 308,646,886 ti 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 314,614,789 pieces 296,010,084 n 274,208,285 TI 385,582,950 n 266,056,000 it 35,196,750 ir 31,375,550 H 23,109,250 11 358,269,353 ft 560,758,047 11 Pt .v V / ^ -3- ESTIMATED GOLD AMD SILVER RECEIPTS AT THE MINTS AND ASSAY OFFICES December 29, 1934 — December 28, 1935. (Compiled from weekly statements) Gold $1,728,246,204.46 Imports 42,137,237.49 Secondary 108,527,797.87 New Domestic Silver Executive Proclamation December 21, 1933 as amended: 37,753,511.67 oz. Executive Proclamation August 9, 1934: 1,153,112,45 ooOoo w TREASURY DEPARTMENT Washington January 13, 1936. HT8MORAND13M FOR THE PRESS ffMPTS OP SILVER BY THE MINTS AND ASSAY OFFICESi ~ (Under Executive Proclamation of December 21, 1933) as amended leek ended January 10, 1936: Philadelphia..................................... San Erancisco ........................ ........ Denver................................ ....... . .... Total for week ended January 10, 1936........... .... Total receipts through January 10, 1936 ........... 303.074.63 fine ounces 753.734.63 " 19.371.08 " " 1,076,180.34 » 60,636,000.00 " n SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended January 10, 1936: Philadelphia...................... .............. New York............................ .............. San Erancisco.......... ........................ Denver...... .......... ......... ....... . New Orleans.......... ...................... ....... Seattle ....................................... Total for week ended January 10, 1936........... . Total receipts through January 10, 1936........ 497.00 fine ounces ti « 929.95 it it 962.00 ii if 711.66 it ii 377.39 ii it 127.88 It H 3,605.88 If II 112,222,176.41 RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: Imports Week ended January 10, 1936: ___ . .$ 7,963.03 Philadelphia.................. ..... 13,754,400.00 New York .......... .......... 1,309,386.23 San Francisco. ........ ........ ..... ..... 46,924.13 Denver.......... ............. 7,228.28 New Orleans................... ..... Seattle........................ Total for week ended January 10, 1936..$15,125,901.67 Secondary $290,501.27 281,800.00 -58,141,71 6 8 ,8 6 6 .2 0 43,168.40 22.455.10 $764,932.68 New Domestic 426,40 $ 56,900.00 L,799,538.52 699,981.30 103.26 303.184.78 $2,860,134.26 SOLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER1S OFFICE: (Under Secretary’s Order of December 28, 1933) Received hy Federal Reserve Banks: Sold Coin Week ended January 8 ,.......... $ 25,605.90 Received previously............. 31,066,170.93 Total to January 8 ..............$31,091,776.83 Received hy Treasurer’s Office: Week ended January 8 .......... .$ - - - — Received previously............ 266,456.00 Total to January 8 ............. $ 266,456.00 NOTE: Gold Tears deposited with the New York Assay Office in the amount of $200,572.69 previously reported. Gold Cert,ifi<cates 394, 160 .0 0 $ 1 0 1 ,607, 570 .0 0 $1 0 2 ,0 0 1 ,730 .0 0 $ $ 3, 500 .0 0 327, 400 .0 0 3, 300. 900 .0 0 treasury d e p a r t m e n t POR RELEASE, MORNING PAPERS, Friday, January 17, 1936, STATEMENT BY SECRETARY MORGENTEAU The Secretary of the Treasury gives notice that tenders are invited for Treasury "bills to the amount of $50,000,000, or thereabouts. They will "be 273— day bills; and will he sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two © ‘clock p.m., Eastern Standard time, on Monday, January 20, 1936, Tenders will not be received at the Treasury Department, Washington, The Treasury bills will be dated January 22, 1936, and will mature on October 21, 1936, and on the maturity date the face amount will be payable without interest. They will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. be in multiples of $1,000. Each tender must The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99,125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied express guaranty of payment by an incorporated bank or trust company. by an Immediately after the closing hour for receipt of tenders on January 20, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the H I closing hour will he opened and oublic announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to -allot less than the amount applied for, and his action in any such respect shall be final. the acceptance or rejection thereof. Those submitting tenders will be advised of Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on January 22, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision I I 4550, ruling that Treasury bills .are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Trea.sury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTMENT Washington MEMORANDUM FOR THE PRESS January 20, 1936. RECEIPTS OF SILVER BY THE MINTS AND ASSAY OPPICSS; (Under Executive Proclamation of December 21,1933) as amended Week ended January 17, 1936; Philadelphia........ .............. San Prancisco ................... . Denver ............................. Total for week ended January 17, 1936 Total receipts through January 17,1936 . . 433,867.69 fine ounces 896,701.39 n " 5.242,89 " " 1,335,811.97 » " 61,972,000.00 " M SILVER TRANSFERRED TO UNITED STATES; (Under Executive Proclamation of August 9,1934) Week ended January 17, 1936: Philadelphia ................ ...................... 1,130.00 New York .................................... 2,251.35 Scan Francisco ........ .......... ......... ......... 1,827.00 Denver ............................. ............ 884.89 New Orleans .................. ..................... 285.23 _ Seattle ......... ............................ ... ., 6,378.47 Total for week ended January 17, 1936 ....... ..... . Total receipts through Januar 17, 1936 ............. ,112,228,554.88 n it It it tl it It it II n IT ir It it n h RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: Week ended January 17, 1936: Philadelphia..................... New York San Francisco Denver New Orleans Seattle Imports $ 13.T5Ö765 10,817,000.00 4,856,577.13 42,257.50 Secondary $143,046.40 131,300.00 43,263.59 28,907.10 34,670.52 _______ ^ ________ 16,645.27 $15,729,785.28 $397,832.68' dew Domestic $ 1,194 652,800 1,542,892 562,928 595.21 79,768.32 $2,840,177.83 GOLD RECEIVED BY FEDERAL-HESERVE BANKS AND THE TREASURER'S OFFICE: (Under Secretary's Order of December 28, 1933) Received by Federal R e serve Banks: Gold Coin 20,025.42 Week ended January 15 .......... $ Received previously ......., .. ... 31,091,776.83 Total to January 1 5 ..... ........ $31,111,802.25 Received by Treasurer's Office: Week ended January 15 ........... $ Received previously ............ . Total to January 1 5 .............. $ NOTE: 300.00 266,456.00 266,756.00 Gold Certificates $ 299,950.00 102.001,730.00 $102,301,680.00 $ $ Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. 7,800.00 2,330,900.00 2,338,700.00 FOR RELEASE, MORNING PAPERS, Friday, January 24, 1936'. treasury d e p a r t m e n t ■Kg STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273-day tills; and will he sold on a discount basis to the highest bidders. Tenders will te received at the Federal Reserve Banks, or the branches thereof, up to two o'clock p.m., Eastern Standard time, on Monday, January 27, 1936. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated January 29, 1936, and will mature on October 28, 1936, and on the maturity date the face amount will be payable without interest They will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches 'upon application therefor. No tender for an amount less than $1,000 will be considered. Each tender must be in multiples'of $1,000. The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 percent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. Immediately after the closing hour for receipt of tenders on January 27, 1936 all tenders received at the Federal Reserve Banks or "branches thereof up to the closing hour will "be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the .amount applied for, and his action in any such respect shall be final. advised of the acceptance or rejection thereof. Those submitting tenders will be Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on January 29, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction or otherwise recognized, for the purposes of any tax now or herea-fter imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, fend this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo JL* TREASURY DEPARTMENT Washington MEMORANDUM EOR THE PRESS January 27, 1936 s i l v e r b y t e e m i n t s AND ASSAY OEEICES: (Under Executive Proclamation of December 21, 1933) as amended receipts o f Week ended January 24, 1936: Philadelphia........ ............................ San Erancisco........................... Denver ........ .................. Total for week ended January 24, 1936............... Total receiots through January 24, 1936.... ........ 150,383.42 fine ounces tt 552,690.79 » ti 5.521.05 " IT 708,595.26 >f II 62^ 8^ 00.00 » SILVER TRANSFERRED TO UNITED STATES : (Under Executive Proclamation of August 9, 1934) Week ended January 24, 1936: Philadelphia ......................... New York...... ,,........ .......... San Erancisco.... ......... .......... Denver ........................... New Orleans.................. Seattle........... ................. Total for week ended January 24, 1936. . Total receipts through January 24, 1936 3.571.00 fine ounces 4,391.85 ’» ” 2.486.00 » " 362.90 " » 310.78 " » 11,122.53 112,382,820,06 » " ft >' RECEIPTS OF SOLD 3Y THE MINTS AND ASSAY OEEICES: New Week ended January 24, 1936: Imports Secondary ____ Domestic Philadelphia........................ $ 4,822.16 $140,266.62 $ 388.68 New Y o r k ...... .......... 6,307,300.00 217,500.00 76,300.00 San Erancisco....................... 220,833.22 47,624.15 1,694,246.55 Denver................ 51,499.74 34,243.24 490,644.61 New O r l e a n s .... ................ 34,557.41 594.53 Seattle ............................ 15;487.99 209.323.94 Total for week ended January 24, 1936.. $6,584,455.12 $489,679.41 $2,471,498.31 g O L L ^ E I VED 3Y FEDERAL R E SERVE BANKS AND THE TREASURER'S OFFICE: (Under Secretary’s Order of December 28, 1933) ~ Received by Federal Reserve Banks: G-old Coin Week ended January 22.......... $ 18,352.14 Received p r e v i o u s l y ......................... 31,111,802.25 Total to January 2 2 ............. $31,130,154.39 Received by T r e a s u r e r ’ s Office; Week ended January 2.2. Received p r e v io u s ly . ............ Total to January 22............ $ °TE: ~ - - - - ~ 266,756.00 266,756.00 Cold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. G-old Certificates $ 360,900.00 102,301.680.00 $102,662,580.00 $ $ 5,400.00 2,358.700.00 2,344,100.00 EOR RELEASE, MORNING PAPERS, FRIDAY, January 31, 1936. treasury d e p a r t m e n t STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273-day tills; and will he sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o'clock p.m., Eastern Standard time, on Monday, February 3, 1936. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated February 5, 1936, and will mature on November 4, 1936, and on the maturity date the face amount will be payable without inter est. They will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 v/ill be considered. must be in multiples of $1,000. Each tender The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not be used. Tenders ’.Till be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 percent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. ^ -2Immediately after the closing hour for receipt of tenders on February 3, ! 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on February 5, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all | taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) Ho loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or here after imposed by the United States or any of its possessions. Treasury Department Circular Ho. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTI/IENT Washington MEMORANDUM FOR THE PRESS February 3, 1936. RECEIPTS OF SILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) as amended Week ended January 31, 1936: Philadelphia.... .......... . .............. ...... San Francisco ............................ Denver ....................... ........ Total for week ended January 31, 1936 ...... Total receipts through January 31, 1936 .... 106,483.43 fine ounces !» It 637,580.06 ! ! n 4,478.61 tt!! 748,542.10 ft if 63,367,461.05 SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9," 3.934) Week ended January 31, 1936: Philadelphia ........................ New Y o r k ..... ....................... San Francisco ..... i..... ......... . . Denver.......... .................... New Orleans ....... ....... ,•**»•:...... Seattle......... ................ . Total for week ended January 31, 1936.. Total receipts through January 31, 1936 3,307 .00 2,679 .00 3,007 .00 1,149 .50 113 .15 .- - - 10,255 .65 112,393,075 .91 tt tt t! tt ft tf ft ft t! H tt tt !t tt tt »1 RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: leek ended January 31, 1936: Philadelphia .................... New York......................... San Francisco... . .............. Denver.......... . .. ............ New Orleans ...................... S e a t t le .............. . . . . ................................ $ Imports 6,906.80 641,100.00 615,089.64 15,977.74 2,379.04 - - - Total for week ended January 31, 1936.$1,281,453.22 New Secondary Domestic 694.12 $ 134,926.03 $ 244,400.00 238,100.00 48,656.07 1,428,753.89 413,285.39 22,399.75 1,378.08 12,807.51 10.605.97 43.604.13 $ 467,495.33 $2,132,115.61 GOLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER'S OFFICE: (Under Secretary's Order of December 28, 1933) Gold Coin 10,432.08 Week ended J-h u n r - 29, 1936 .. ..$ Received p re v io u sly ................... .. 31,130,154.39 Total to J-mi-r- 2.9, 1936 ___ ..$31,140,586.47 Received by Treasurers Office: Week ended January 29, 1936... ..$ Received p r e v i o u s l y ..................... Total to January 29, 1936 ___ ..$ IQTE: 300.00 266.756.00 267,056.00 Gold Certificates $ 315,670.00 102,662,580.00 $102,978,250.00 $ $ Gold bars deposited with the New York. Assay Office in the amount of $200,572.69 previously reported. 34,900.00 2,344,100.00 2,379,000.00 FOR RELEASE, MORNING- PAPERS, treasury d e p a r t m e n t Wednesday, February 5, 1936. STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will be 273-day bills; and will be sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o 1clock p.m., Eastern Standard tiijie, on Friday, February 7, 1936. Treasuiy Tenders will not be received at the Department, Washington. The Treasury bills will be dated February 11, 1936, and will mature on November 10, 1936, and on the maturity date the face amount will be payable without interest. They will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. Each tender must be in multiples of $1,000. The price offered must be expressed on the basis of 100, with not more than three decimal places, e. g. 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorpor ated banks and trust companies and from responsible and recognized dealers in investment securities. Tenders from others must be accom panied by a deposit of 10 percent of the face amount of Treasry bills ■• applied fop, unless the tenders are accompanied "by an express guaranty of payment "by an incorporated 'bank or trust company. Immediately after the closing hour for receipt of tenders on February 7, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or a.11 tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof. Pay- ment at the price ■offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on February 11, 1936, The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Atten tion is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) Ho loss from the sale or other disposition of the Treasury bills shall be allowed as a. deduction, or otherwise recognized, for the purposes of any tax,now or hereafter imposed oy the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Conies of the circular may be obtained from any Federal Reserve Bank *r branch thereof, ooOoo TREASURY DEPARTMENT Washington MÜWQRAMDUM FOR THE PRESS February 10, 1936 yÈlPTS OF SILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December;21, 1933) as amended leek ended February 7, 1936: Philadelphia.............. ....... *....... ......... San Francisco......................... ............ Denver...................... . • ...... .............. Total for week ended February 7, 1936............... Total receipts through February 7, 1936............. 713,064.29 fine ounces ft 217,637.20 ft it tt 15,205.22 it 945,906.71 if « it 64,313,367.76 SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) leek ended February 7, 1936: Philadelphia .............................. ...... . 5,302.00 fine ounces New York....................................... 2,413.37 ” San Francisco. ..................................... 1,148.00 M Denver ........... 1,342.92 * * New Orleans...................... 339.39 tt Seattle................... ................. j*...... .......... .- . Total for week ended February 7, 1936............... 10,545.68 M Total receipts through February 7, 1936........... . 112,403,621.59 n RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: leek ended February 7, 1936: Imports Philadelphia .......... .............. $ 15,317.09' New Y o r k .......... ...... . 702,700• 00 San Francisco................ ........ 208,195.40 Denver........ ............. ....... . • 57,846.18 New Orleans... ........ ............... 8,475.98 Seattle.......... ......... ......... .. ~~ Total for week ended February 7, 1936..$992,534.65 Secondary $133,682.76 68,500,00 39,717.66 39,763,20 42,571.86 10.169.30 $334,404.78 New Domestic I 6,301,75 98,500.00 1,062,049,90 536,926.23 145,89 195.044.35 $1,898,968.12 COLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER*S OFFICE: (Under Secretary’s Order of December 28, 1933) Received by Treasurar A & .Off i c e : Week ended Februar^Swli....... $ - - - - - - * Received p re v io u s ly ......................... • 267.056.00 Total toFebruary 5 . . . . ......... $ 267,056.00 NOTE: Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. Gold Certificates 256, 830,.00 $ 102. 978, 250,,00 $103, 235, 080, o o Received by Federal Reserve Banks: Gold Coin Week ended February 5 . . . . .... . $ 16,620.20 Received p r e v io u s ly . ............ • 31,140,586.47 Total to February 5 . . . ......... $31,157,206.67 2, 600..00 $ 000,.00 .37?, ___ 2, $ 2,381,600.00 EOR RELEASE, MORNING PAPERS, Friday, February 14, 1936. thsasury d e p a r t m e n t STATEMENT BY SECRETARY MORGENTEAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273-day tills; and will he sold on a discount ba.sis to the highest bidders. Tenders will be received at the Federal Reserve 3anks, or the branches thereof, up to two o'clock p.m., Eastern Standard time, on Monday, February 17, 1936. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated February 19, 1936, and will mature on November 18, 1936, and on the maturity date the face amount will be payable without interest. They will be issued in bearer form only,, and in amounts or denomina.- tions of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be ma.de on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. must be in multiples of $1,000. Each tender The price offered must be expressed on the basis of 100, with not more than three decimal planes, -e.g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties, Tenders from others must be a.ccompanied by a deposit of 10 percent of the face amount of Treasury bills applied for, unless the tenders are accompanied by <m express guaranty of payment by an incorporated bank or trust company. ~2~ Iramediately after the closing hour for receipt of tenders on February 1?, I 1935) p H tenders received et the Federe.l Reserve Banks or branches thereof up I to the closing hour will be opened end public announcement of the acceptable / I orices will follow as soon as possible thereafter, probably on the following nornI ing. The Secretary of the Treasury expressly reserves the right to reject any I or all tenders or parts of tenders, and to allot less than the amount applied for, I pndhis action in any such respect shall be final. I be advised of the acceptance or rejection thereof. Those submitting tenders will Payment at the price offered ( for Treasury bills allotted must be made at the Federal Reserve Banks in cash or I other immediately available funds on February 19, 1936. The Treasury bills will be exempt, as to principal and interest, and any I gfin from the sale or other disposition thereof will also be exempt, from all t taxation, except estate and inheritance taxes. (Attention is invited to Treasury I Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No ! lossiron the sale.of.other disposition of the Treasury bills shall be allowed as a. I deduction, or otherwise recognised, for the Purposes of any tax now or hereafter I imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe I the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. TREASURY DEPARTMENT Washington itt’TP.AHDlM POR THE PRESS February 17, 1936. g m P T S OP SILVER 3Y THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) as amended leek ended February 14, 1936: Philadelphia.................................... . San Francisco ............... .......... ........... Denver................. *.......................... Total for week ended February 14, 1936..... ........ Total receipts through February 14, 1936........... 800,185.00 fine ounces 724,971.66 » » 7,850.95 ” " 1,533,007.61 » ” 65,846,375.37 » » | SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) leek ended February 14, 1936: Philadelphia;...................................... New York.... ...................................... San Francisco. ........................... ........... Denver.......... ...... .............................. New Orleans........ ............................... Seattie............................................ Total for week ended February 14, 1936.............. I Total receipts through February 14, 1936............ ) 2.346.00 fine ounces 5,610.10 2.163.00 395.77 273.36 10,788.23 112,414,409.82 RECEIPTS OF G-OID BY TEE MINTS AND ASSAY OFFICES: leek ended February 14, 1936: Philadelphia............... New York .................. San Francisco.......... Denver..................... New Orleans.............. . Seattle.................... Total for week ended February New Se conda ry_____ Domestic Imports ........ $ 6,529.15 $100,822.95 $ 334.08 ......... 412,500.00 163,200.00 135,000.00 ........ 991,326.14 41,398.64 1,770,585.80 15,874.53 599,923.93 ........ 35,886.25 ......... 1,003.34 32,594.76 ------•••••••• •___ _ ~ ~ — 14,074.60 163,587.58 14, 1936.$1,447,244.88 367,965.48 $2,669,431.39 SOLD RECEIVED 3Y FEDERAL RESERVE BANKS AND THE TREASURER1S OFFICE: (Under Secretary1s Order" of December 28, 1933) Gold Certificates Received by Federal Reserve Banks: ____ Gold Coin $ 325,680.00 Week ended February 12....... .. $ 15,925.72 103,235,080.00 Received previously......... . 31,157,206.67 $103,560,760.00 Total to February 12...... . $31,173,132*39 I Received by Treasurer’s Office: 1| Week ended February 12...... ... I .$ Received p r e v io u s ly ,.......................... Total to February 12. ........... NOTE; $ 267,056*00 267,056.00 Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. $ 2,820.00 2,381,600*00 2,384,420.00 TREASURY FOR RELEASE, MORNING PAPERS Friday, February 21, 1936. department STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury "bills to the amount of $50,000,000, or thereabouts. They will be 273-day tills; and will be sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to o'clock p.m., Eastern Standard time, on Monday, February 24, 1936. two Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated February 26, 1936, and will mature on November 25, 1936, and on the maturity date the face amount will be payable without interest. They will be issued in bearer form only, and in amounts of denomination of$1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). j It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. must be in multiples of $1,000. Ea.ch tender The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognised dealers in investment securi ties, Tenders from others must be accompanied by a deposit of 10 percent of the free amount of Treasury bills applied for, unless the tenders are accompanied by fui express guaranty of payment by an incorporated bank or trust company. ' <t -2■ Immediately after the closing hour for receipt of tenders on February 24, 1936,. pH tenders received at the Federal Reserve Banks or branches thereof up to hjne closing hour will be opened and public announcement of the acceptable urices will follow as soon as possible thereafter, probably on the following morning*. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, .end to allot less than the amount epolied for, .and his action in any such respect shall be final. Those submitting tenders will be advised of the a cc e p ta n c e or rejection thereof, ■ Payment at the price offered for Treasury tills allotted must be made at the Federal Reserve Banks in cash or other immediate ly available funds on February 26, 1936, The Treasury bills will be exempt, as to principal and i n t e r e s t e n d any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes, (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax,) No loss from the sale or other disposition of the Treasury bills shall be allowed a.s a deduction, or otherwise recognized, for the ■ournoses of any tax now or hereafter imposed by the United States or any of its possessions, . Treasury Department Circular No, 418, as. amended, .and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue, Conies of the circular may be obtained from any Federal Reserve Bank or branch thereof* ooOoo TREASURY DEPARTMENT Washington FOR TEE PRESS February 24, 1936. ffiCTJPTS OF SILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) iS. emended leek ended February 21, 1936: P h ilad elp h ia ........ .............................. 795,127,67 i m e ounces it ti San Francisco..... ..... ................. ......... 438,625.09 Denver............................... ............ .......8,275.46 Total for week ended February 21, 1936...... ...... . 1,242,028,-22 Total receipts through February 21, 1936......... . . 67,987,138.63** SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) leek ended February 21, 1936: Philadelphia.. . . . . . . . . . . . . . . New York ...... .. ............ San Francisco ............. Denver................. .. New Orleans. . . . . . . . . . . . . . . . . Seattle ....... .. ...... . . . . . Total for week ended February 21, 1936 . . Total receipts through Februarv 21, 1936. 3,857.00 f ine ounces tt ii 2,650.30 . it ft 18,541.00 ti ti 710,62 ft ft 231.79 M ** W * of — 25,990.71 112,657,236.90* * * it tt it ti RECEIPTS OF GOLD BY THE MINTS AND ASSAY 0FFICES : leek ended February 21, 1936: Imports Secondary Philadelphia....... .. ........ ....................§~ 12,159.70" $114,055.60 New Y o r k ......... .. ....... T 166,400,00 191,500.00 Sen Francisco...... ............ ..... 667,007.65 41,172.88 Denver.............. ................ 51,678.30 17,533.45 New Orleans..............^........... .....- 24,152.63 Seattle................. ......... . ......... 8,184.15 Total for week ended February 21, 1936.$ 897,245.65 $396,598.71 New Domestic $ 484.85 52, 500.00 1,576,440.13 535,735.20 162.01 186,343.86 $2,351,666.05 GOLD RECEIVED 3Y FEDERAL RESERVE BANKS AND THE TREASURER* S OFFICE (Under Secretary's Order of December 28, 1933) G-old Certificates Received by Federal Reserve Banks: G-old Coin $ 228,980.00~” Week ended February 19........ ,$ 12,131.00 103,560,760.00 Received previously............ '31,173,132.39 $103,789,740.00 Total to February 1 9 ........... $31,185,263.39 Received by T re a su re r’ s Office: $ Week ended February 1 9 ........ . - Received previously............. Total to February 19............$ 267.056.00 267.056.00 $ Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. ** Plus 898,735.04 oz, adjustment *** Plus 216,836.37 oz. Adjustment 1,800.00 2,384,420.00 2,386,220.00 p* ©5ASURY DEIARTMENT FOR RSLEA.SE, MORNING PAPERS, Friday, February 28, 1936» STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273-day hills; and will he sold on a discount basis to the highest bidders. Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o ’clock p. m . , Eastern Standard time, on Monday, March 2, 1936. Tenders will not he received at the Treasury Department, Washington. The Treasury hills will he dated March 4, 1936, and will mature on December 2, 1936, and on the maturity date the face amount will he pay able without interest. They will he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders he made on the printed f o m s and for warded in the special envelopes which will he supplied by the Federal Rer* serve Banks or branches upon application therefor. No tender for an amount less than $1,000 will he considered. Each tender must he in multiples of $1,000. The price offered must he expressed on the basis of 100, with not more than three decimal places, e. g., 99.125. Fractions must not he used. Tenders will he accepted without cash deposit from incorpor ated hanks and trust companies and from responsible and recognized dealers in investment securities. Tenders from others must he accompanied by a deposit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated hank or trust company. Immediately after the closing hour for receipt of tenders on March 2, 1936, all tenders received at the Federal Reserve Banks or tranches thereof up to the closing horn* will he opened and public announce ment of the acceptable prices will follow as soon as possible thereafter, probably on the following morning* The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills al lotted must be made at the Federal Reserve Banks in cash or other immediate ly available funds on March 4, 1936. The Treasury bills will be exempt, as to principal and interest, t and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) Ho loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions* Treasury Department Circular Ho* 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof* ooCoo TREASURY DEPARTMENT Washington g npAWPIIM FOR THE PRESS March 2, 1936. LffiTPTR OP SILVER 3Y THE MINTS AND ASSAY OFFICES: ¡'^(Under Executive Proclamation of December 21, 1933) as amended leek ended February 28, 1936: 648,160.05 307,206*11 16,284.57 971,650.73 68,958,789*36 P h i la d e lp h ia .. « . . . . < .................................................... San Francisco....... ............... Denver. .............................................. * ........................ Total for week ended February 28, 1936.. Total receipts through February 28, 1936 fine ounce " » t » » » » « SILVER TRANSFERRED TO UNITED STATES : ! (Under Executive Proclamation of August 9, 1934) leek ended February 28, 1936*$ 2.849.00 fine ounce 2,076.85 w » 3.807.00 » ” 195*82 " " 260.28 " » [ Philadelphia................... * .................................. .......................................... [ I [ [ t HewYork* ..................................................................* .......................* San F ra n c isc o .................... .................... . . ............................................... Denver ............ .......................................... ............ ..................................... Hew Orleans.......... ............................................. ........................................ Seattle............................. .......................................................................... Total for week ended February 28, 1936.............. i 9,188.95 112,666,425.85 » » » » Total receipts through February 28, 1936.......... . RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES; New ____ _ .Domaat __S.a.onndary ie __ Import s , , . . . leek ended February 28, 1936: . 478. 46 $ 86,694*18 $ 4, $ 7,239.75 Philadelphia................ 70, 600. 00 24,000.00 731,800*00 Hew York- ..... ................ 894, 24,574.07 915. 85 126,470*62 ‘ San Francisco............ . 481, 137. 84 52,603.07 22,962.62 Denver ..... .................. 386. 91 30,191,02 Hew Orleans........... ..... 103, 452. 98 9,984.92 . Seattle .............. . Yotel for week ended February 28, 1936.$918,113.44 $198,406.81 $1,554,972.04 50ID RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER!S OFFICE: (Under Secretary’s Order of December 28, 1933) Eeceived by Federal Res erve Banks: Gold Coin I leek ended February 26......... • $ 15,212.92 31,185,263.39 ; Received previously............. Total to February 26.......... . • $31,200,476.31 Received by Treasurer’s Office: ffeek ended February 2 6 . _______ __ $ I Received p r e v i o u s l y . .,....... .. Total to February 26...*..,.... $ 400.00' 267,056.00 267,456.00 ROTS; Gold deposited with the New York Assay Office in the amount of $200,572.69 previously reported. Gold Certificates $ 331,560.00 103,789,740.00 $104,121,300.00 $ $ 3,900.00 2,386,220.00 2,390,120.00 FOR RELEASE, MORNING PAPERS, Friday, March 6, 1936. tbeasury d e p a r t m e n t STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury "bills to the amount of $50,000,000, or thereabouts. They will "be 273-day bills; and will "be sold on a discount basis to the highest bidders. Tenders.will be received at the Federal Reserve Banks, or the branches thereof, up to two o'clock p.m., Eastern Standard time, on Monday, March 9, 1936. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated March 11, 1936, and will mature on December . 9, 1936, and on the maturity date the face amount will be payable without interest. They will be issued in bearer form only, c and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. Ho tender for an amount less than $1,000 will be considered. be in multiples of $1,000, Each tender must The price offered must be expressed on the basis of 100, with not more than three decimal polaces, e.g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties, Tenders from others must be a.ccompanied by a deposit of 10 per cent of the ei amount of Treasury bills applied for, unless the tenders are accompanied by lace I an express guaranty of payment by an incorporated bank or trust company, —2— Immediately after the closing hour for receipt of tenders on March 9, 1936, tenders received at the Federal Reserve Banks or branches thereof up to the losing hour will he opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. the acceptance or rejection thereof. Those submitting tenders will be advised of Payment at the price offered for Treasury hills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on March 11, 1936. The Treasury bills will be exempt, as to principal and interest, and any g a m from the. sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposesof any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No. 418 as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTMENT Washington OE SILVER 3Y THE MINTS AND ASSAY OFFICES: ■^jiider Executive Proclamation of December 21, 1933) as amended leek ended March 6, 1936: 587,842*72 fine ounces 690,445.59 » » 9*454,81 » ’’ 1,287,743.12 » 11 70,246,532.48 »' » Philadelphia......................................................... San Francisco..................... Denver............ .................................................... fötal for week ended March 6, 1936. Total receipts through March 6, 1936 ►silver TRANSFERRED TO UNITED STATES: [ (Under Executive Proclamation of August 9, 1934) | leek ended March 6, 1936: P h ilad elp h ia........................................................................................ New Y o r k ............................ .................................................................... San Francisco.................. ................. Denver....................................................................................................... New O rleans..................................................................................... Seattle............... ........................................................... ......................... I Total for week ended March 6, 1936................ ITotal receipts through March 6, 1936,............ 3,146.00 fine ounces 1,010.60 » " 685.00 » » 412.42 » * 253.97 ” ’’ 5,507.99 112,671,933*84 » ” SECSIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: Secondary leek ended March 6, 1936: Imports 5,216,40 $143,986,11 Philadelphia............... ,...... $ New York................... ....... 41,900.00 868,400.00 51,556.89 165,471.53 San Francisco.............. ...... Denver............ ........ ...... 31j168.48 27*928,42 38,928,61 New Orleans................ ...... 307,92 Seattle.................... ....... 21,354.49 3,646.37 Total for week ended March 6, 1936..$1,074,210.70 $325,654.52 New Domestic $ 1,419,85 63,200.00 1.233.365.44 556,695,99 131*398.17 1.986.079.45 SOLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER1S OFFICE: (Under Secretary’s Order of December 28, 1933) Received by Federal Reserve Banks: G-old Coin Week ended March 4.............. $ 13,575.78 Received previously............. 31,200,476.31 Total to March 4................ $31,214,052.09 |Received by Treasurer’s Office: I ended March % .........*... $ -------------I Received previously............. 267*456,00 Total to March 4.......... . $ 267,456.00 G-old Certificates $ 341,800.00 104,121,300.00 $104,463,100.00 $ $ ROTE: Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. 3,200.00 2*390,120.00 2,393,320.00 » * FOR RELEASE, MORNING PAPERS, Fpiday, March 13, 1936. lEEASURY DEPARTMENT STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury "bills to the amount of $50,000,000, or thereabouts. They will he 273-day tills; and will he sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o'clock p.m., Eastern Standard time, on Monday, March 16, 1936. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated March 18, 1936, and will mature on December 16, 1936, and on the maturity date the face amount will be payable without interest They will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal. Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. must be in multiples of $1,000. Each tender The price offered must be expressed on the ba*sis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 percent of the face amount of Treasury bills applied for, unless the tenders are accompanied by pi express guaranty of payment by an incorporated bank or trust company. Immediately after the closing hour for receipt of tenders on March 16, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will he opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the rigjht to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submitting tenders will he advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on March 18, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) Ho loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or here after imposed by the United States or any of its possessions. Treasury Department Circular Ho. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTMENT Washington L g mwfflM FOR THE PRESS March 16, 1936, n L ^ ppg nE SILVER 3Y THE MINTS AND ASSAY OFFICES: Plunder Executive Proclamation of December 21, 1933) as amended Heek ended March 13, 1936: 758,218,51 fine ounces 719,495*98 » " 11,076,78 " " 1,488,791,27 11 » 71,735,323.75 " M Philadelphia.................................................... San Francisco ................................................ Denver............................ jotal for week ended Manch 13, 1936.. ¡ M receipts through Manch 13, 1936 RTT.VER TRANSFERRED TO UNITED STATES: [¡Under Executive Proclamation of, August 9, 1934) ;leek ended March 13, 1936: 2.847.00 fine ounces 1,522.09 "» 3.372.00 " « 515.70 " " 75.39 » H Philadelphia...................................... .................. New York........................ [ Sen Francisco...................... Denver............................ New Orleans ......... .......... .... Seattle............ .............. [Total for week ended March 13, 1936.. Total receipts through March 13, 1936 8,332.18 112,680,266.02 » » ¡RECEIPTS OF GOLD 3Y THE MINTS AND ASSAY OFFICES: leek ended March 13, 1936: Imports I Philadelphia...................... $ 7,156*73 I New York ............. 336,000,00 I San Francisco............ ......... 216,376.78 Denver............. 27,697.66 [New Orleans........ ...... .. I Seattle........ ........... potai for week ended March 13, 1936 $587,231.17 New Secondary ______ Domestic $137,062*11 $ 745*15 192,100,00 73,200*00 42,515*39 2,515,572*73 17,562,92 613,570*61 102.84 8,970.44 49,027.19 11,867.34 $410,078.20 $3,252,218.52 pOLD RECEIVED BY EEDERAT. DESERVE BANKS AND THE TREASURER'S OPPICSj (Under Secretary^ Order of December 28, 1933) Received "by Federal Reserve Banks: Gold Coin ^ek ended March 11.............$ ’ 31,139.10 Received previously............ 31.214,052.09 Total to March 1 1 .............. $31,245,191.19 Received by Treasurer^ Office: . Week ended March 11,.,.,..... ..$ j Roceiyed previously............ [ Total to March 11............... $ 300.00 267,456.00 267,756.00 I®; Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. Gold Certificates $ 456,910*00 104,463,100,00 $104,920,010.00 $ $ 12,900.00 2 «393,320.00 2,406,220.00 » ,f FOR RELEASE, MORNING Pa PERo , Friday, March BO, 1956. TREASURY DEPARTMENT statement be a c t i n g d e c k e t a RI o f t h e t r e a s u r y Ta y l o r The Secretary of the Treasury gives notice that tenders are invited for Treasury bills to the amount of $50,000,000, or thereabouts. They will be 275-day bills; and will be sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o'clock p.m., Eastern Standard time, on Monday, March 23, 1936. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated March 25, 1936, and will mature on December 25, 1936, and on the maturity date the face amount will be payable without interest. They will be issued in bearer form only, and in amounts or denominations of $1,000, |10,000, $100,000, $500,000, and $1,000,000 (maturity value). I t is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. be in multiples of $1,000. Each tender must The price offered must be expressed on the oasis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit iron» incorporated banks <-nd trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 1.0 percent of the face amount of Treasury bills applied for, unless the tenders are accompaniea by en express guaranty of payment by an incorporated bank or trust company. Immediately after the closing hour for receipt of tenders on March 25, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the dosing hour will be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenners or parts of tenders, and to allot less than the ¿.mount applied for, and nis action, in any such respect shall be final. the acceptance or rejection thereof. Those submitting tenders will be advised of Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve banks in cash or ooher immediately available funds on March -25, 1936. The Treasury bills will be exempt, as to principal and interest, and o.ny gain from the sale or other aisposition thereof will also be exempt, from <-<.11 taxation, except estate ana inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tc~x now or hereafter imposed, by the United b-gntes or any of its possessions. Treasury Department circular No. 418, as amended, ana this notice prescribe the terras of the Treasury bills ana govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo eor release, morning papers, treasury d e p a r t m e n t Eriday, March 27, 1936, STATEMENT BY ACTING SECRETARY OE THE TREASURY TAYLOR The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273-day hills; and will he sold on a discount basis to the highest bidders. Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o ’clock p. m . , Eastern Standard time, on Monday, March 30, 1936. Tenders will not he received at the Treasury Department, Washington. The Treasury hills will he dated April 1, 1936, and will mature on December 30, 1936, and. on the maturity date the face amount will he payable without interest. They will he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders he made on the printed forms and for warded in the special envelopes which will he supplied by the federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will oe considered. Each tender must he in multiples of $1,000. The price offered must he expressed on the basis of 100, with not more than three decimal places, e. g., 99.125. Fractions must not he used. Tenders will he accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securities. Tenders from others must he accompanied by a de posit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated hank or trust company. - 2 - Immediately after the closing hour for receipt of tenders on March 30, 1936, all tenders received at the Federal Reserve Banks or tranches thereof up to tho closing hour will he opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof. Pay ment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on April 1, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Atten tion is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recog nized, for the purposes of any tax now or hereafter imposed by the United States or any of its -possessions. Treasury Department Circular Uo. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue* Copies of the circular may be obtained from any Federal Beserve Bank or branch thereof. TREASURY DEPARTMENT Washington MEMORANDUM FOR THE PRESS March 30, 1936, j « I P T S OE SILVER BY THE MINTS AND ASSAY OFFICES; j (Under Executive Proclamation of December 21, 1933) as amended feck ended March 27, 1936; ' •P h ilad elp h ia............................. . .................................................................. San Francisco..................... ................ Denver ............... ................................................. ............................................ Total for week ended March 27, 1936................. Total receipts through March 27,, 1936............... 777,849.57 fine ounces H 788,986,26 » If 12,640.35 11 tf 1,579,476.18 » If 74,760,704.32 " SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) leek ended March 27, 1936: P h i l a d e l p h i a .................................................................................. .. New York .................. ........ '...... . San Francisco ,....... ............ ............... Denver............................................. New Orleans ................... ............. ...... Seattle............................................ Total for week ended March 27, 1936................. J Total receipts through March 27, 1936.......... . 3,793.00 fine ounces ti 3,130.91 » t i 778.00 » ti 972.12 » 8,674.03 112,698,178.10 » » « » RECEIPTS OF GOLD BY THE MINTS AID ASSAY OFEICSS: New Week ended March 27, 1936: Imports Secondary Philadelphia...................... $ 8,036.21 $111,040.70 New York..... .............. 2,615,700,00 188,300.00 San Francisco...................... 588,041,45 44,088.25 Denver.............. 44,230.96 29,674*01 9,994.63 New Orleans........................ 40,693.99 Seattle,,.......................... ^ 7,776.95 Total for week ended March 27, 1936..$3,266,053.25 $421,573.90 Domestic $ 362,99 90,400.00 1,479,765.82 643,437,76 877,14 171,184.15 $2,386,027.86 SOLD RECEIVED 3Y FEDERAL RESERVE BANKS AID THE TREASURER'S OEEICE: (Under Secretary^ Order of December 28, 1933) Received by Federal Reserve Sariks: _G-old Coin Week-ended March 25.............. $ ' 20,079.54 Received previously.............. 31,255,058.83 Total to March 25................ $31,275,138.37 G-old Certificates $ 371,450.00 105,226,170.00 $105,597,620.00 Received by Treasurer^ s Office: Week ended March 25.............. Received previously.... ...... ... 'Total to March 25 ......... ...... $ $ 267,756.00 267,756.00 K)T2: Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. $ 3,600.00 2,40^,820.00 2,413,420.00 EOR RELEASE, MORNING PAPERS, Friday, April 3, 1936* r^ASURY DEPARTMENT STATEMENT BY ACTING SECRETARY OF THE TREASURY TAYLOR The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, day hills; or thereabouts. They will he 273- and will he sold on a discount basis to the highest bidders. Tenders will he received at the Federal Reserve banks, or the branches thereof, up to two o'clock p.m., Eastern Standard time, on Monday, April 6, 1936. Tenders will not be received a.t the Treasury Department, Washington. The Treasury bills will be dated Aoril 8, 1936, and will mature on January 6, 1937• pnd on the maturity date the face amount will be payable without interest. They will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. must be in multiples of $1,000. The urice offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. be used. Each tender Fractions must not ✓ Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by express guaranty of payment by an incorporated bank or trust company. 2~ Immediately after the closing hour for receipt of tenders on Apri|| 6, 1936, ail tenders received at the Federal Reserve Banks or Branches thereof up. to the closing hour will “ be opened and public announcement of the acceptable urices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or carts of tenders, and to allot less than the amount a.uplied for, and his action in any such respect shall be final* advised of the acceptance or rejection thereof. Those submitting tenders will be Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in ca.sh or other immediately available funds on April 8, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except esta,te and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) Ro loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes.of any tax now or hereafter imposed by the United States or any of its possessions, Treasury Department. Circular Ro. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo ] TREASURY DEPARTMENT Washington April 6 , 1936, MEMORANDUM EOR THE PRESS RECEIPTS OF SILVER 3Y THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) as amended leek ended April 3, 1936i P h i l a d e l p h i a .................................... .................. San Francisco........... ......... D e n v e r................ .................................... ............ . Total for week ended April 3, 1936.. Total receipts through April 3, 1936 893,643.00 fine ounces 3,295.06 » » 8,670.13 " « 905,608.19 » » 75,666,312.51 » " SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) leek ended April 3, 1936: Philadelphia................ Hew I ork...............,.,..... San Francisco............. 7.341.00 fine ounces 6.693.00 » » 4.363.00 «« » 55.00 11 » Denver . . . . . . . . . . . . . . . . . . . . . . . New O r l e a n s .... . ... . . . . . . Seattle.. . . . . . . . . . . . . . . . Total for week ended April 3, 1936................. 18,452.00 Total receipts through April 3, 1936 ....... . 112,716,630.00 ” ” tt " RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: leek ended April 3, 1936.: Imports Philadelphia .....................$ 2,622,30 New Y o r k , ......... . 2,102,600.00 San Francisco, ,... ................. 353,341.02 D e n v e r , ..... 43,437.29 New Orleans,, .... ............. ....... S a t t l e .... ........................... ....... Total for week ended April 3, 1936..$2,502,000.61 Secondary $165,761.69 153,500.00 34,803.87 43,875,96 27,737.41 11,701.02 $437,379.95 New Domestic $ 1,544.90 138,600'.00 1,607,654;68 619,734.86 797*98 198,281.43 $2,566,613*85 TO.RECEIVED. BY EEDERAL RESERVE BANKS AND THE TREASURER>S OFFICE; (Under Secretary’s Order of December 28, 1933) Received by Federal Reserve Banks: Week ended April 1 ..... $ Gold C o i n_ 14,092.80 Received previously........ . 31,275.138^37 Total to April 1 ...... ......... $31,289,231.17 G-old Certificates $ 233,100.00 105,597,620,00 $105,830,720.00 Received by Treasurer’s Office: Week ended April 1 .............. $ ---------- ~ Received previously......... . 267,756.00 Total to April 1 ................ $ 267,756.00 ROTE: Gold bars deposited with the New York Assay Office in the amount of $200,572,69 previously reported. $ $ 2 ,'800 ¿00 2,413,420.00 2,416,220.00 FOR RELEASE, MORNING PAPERS, Friday, April 10, 1936. jeSASURY DEPARTMENT STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury D i l l s to the amount of $50,000,000, or thereabouts* They will be 273-day Mils; end will be sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o'clock p.rru, Eastern Standard time, on Monday, April 13, 1936, Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated April 15, 1936, and will mature on January 13, 1937, and on the maturity da.te the fa.ce amount will be payable without interest They will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. be in multiples of $1,000. Each tender must The price offered must be expressed on the ba.sis of 100,'with not more than three decimal, places, e.g.,' 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties, Tenders from others must be accompanied by a deposit of 10 per cent of the fece amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. ■2~ Immediately after the closing hour for receipt of tenders on Apfil 13, 1936, tenders received at the Federal Reserve Banks-or branches thereof up to the closing hour will "be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning.' The Secretary of the Treasury expressly reserves the right to reject any or all ten— iers or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks m cash or other immediately available funds on April 15, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all I taxation, except estate and inheritance taxes. (Attention is invited to Treasury IDecision 4550, ruling that Treasury hills are not exempt from the giff tax.) Ho loss from the sale or other disposition of the Treasury hills shall he allowed as ideduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury hills and govern the conditions of their issue. Copies of the circular may he obtained from any Federal Reserve Bank or branch thereof. 00O00 ) TREASURY DEPARTMENT Washington Apr11 1 S - 1936* jjwytUTKlM FOR THE PK3SS CTcptPPS QE SILVER. BY THE MINTS AND ASSAY OFFICES : (Under Executive Proclamation of December 21» 1933) as amended leek ended April: 10, 1936: Philadelphia « . , ........................... ................................................... San Francisco..j ........................ .......... Denver..... . •*....... -...... •.................. fötal for week ended April 10, 1936................. fötal receipts through April 10, 1936............... 547,096.28 fine ounces 575,943,63 » 11 18.337.48 " J 1,141,377.39 « " 76,807,689.90 ** n STIVER TRANSFERRED TO UNITED STATES : (Under Executive Proclamation of August 9„ 1934) leek ended April 10, 1936: P h ilad elp h ia.................. .......................... .................................................... 5.810.00 fine ounces 1,897.05 11 11 2.192.00 » M 1,992.20 ” " New Y o r k ........................ ................. San Francisco ......................... -........... Denver. ....................... »♦ •................ . New Orleans................... .................... S e a ttle .................................................•••....................................... 11,891.25 Total for week ended April 10, 1936 ..... .......... 112,728,521.25 Total receipts through April 10, 1936................ ’’ 11 ” " HECEIPTS OF GOLD BY THE MBITS AND ASSAY OFFICES: leek ended April 10, 1936: Philadelphia ....................... New Y o r k ......................... . San Francisco ....... ........... .• Denver............................................... . ...........* New Orleans......................... Seattle...... ............. ........ Total for week ended April 10, 1936.. New Imports Secondary Domestic $ 87551.94 $150,325,83 $ 333,20 4,552,400.00 238,400.00 202,000,00 567,588.63 33,530.72 1,462,041,20 23,336.01 23,435.25 557,991,29 --------------------- 31,130.13104.92 ---■---^ 16.502.93 57.661.03 $5,151,876.58$493,324.86 $2,280,131.64 SOLD RECEIVED 3Y FEDERAL RESERVE BANKS AND TEE TREASURER’S OFFICE : (Under Secretary’s order of December 28, 1933) Q-old Coin Received by Federal Reserve Banks: $ 15,773.06 Week ended April 8 ............. 31.289.231.17 Received previously. $31,305,004.23 lotsi 10 Apr xl 8 ....... . 1 Received by Treasurer’s Office: I Week ended April 8 .... ......... $ - ~ ~ ~ ~ if Received p r e v io u s ly . ..... ....... ..... 267,756,00 Total to April 8 ...... . $ 267,756.00 ROTE: Sold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. G-old Certificates $ 248,070.00 105.830,720.00 $106,078,790.00 $ 5 ,0 0 0 .0 0 $ 2.416,220.00 2*421,220.00 EOR RELEASE, MORNING PAPERS, Friday, April 17, 1936. TREASURY d epartm en t STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for; Treasury hills to the amount of $50,000,000, or thereabouts* They will he 273-day hills; and will he sold on a discount basis to the highest bidders* be received at the Federal Reserve Banks, Tenders will or the branches thereof, up to two; o'clock p.m., Eastern Standard time, on Monday, April 20, 1936. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated April 22, 1936, and will mature on January 20, 1937» and on the maturity date the face amount will be payable without interest They will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $1 0 0 ,0 0 0 , $500,000» and $1 ,0 0 0 ,0 0 0 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. must be in multiples of $1*000. Each tender The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99#125. Fractions must not be used*^ Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a. deposit of 10 percent of the face amount of Treasury bills applied for, unless the tenders ai*e accompanied by an express guaranty of payment by an incorporated bank or trust company.- mmgj— Im m ed iately a f t e r th e c l o s i n g h o u r f o r r e c e i p t o f t e n d e r s on April 20, 1936, A &n tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount apulied for, and his action in any such respect shall be final« the, acceptance or rejection thereof* Those submitting tenders will be, adyised of Payment at the price offered for Treasury i bills allotted must be made at the Federal Reserve Banks in cash or other immediate-* ly available funds on Aoril 22, 1936, The Treasury bills will be exempt, a.s to principal and interest, and any gain ! from the sale or other disposition thereof will also be exempt, from all taxation, j| except esta.te and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax«) Ro loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies : of the circular may be obtained from any Federal Reserve 3ank or branch thereof. ooOoo ) FOR RELEASE, MORNING PAPERS* Friday, April 24, 1936. teiasury d e p a r t m e n t STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills’to the amount of $50,000,000, or thereabouts. They will be £73- day bills; and will be sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o'clock p.m., Eastern Standard time, on Monday, April 27, 1936. Tenders will not le received at the Treasury Department, Washington. The Treasury bills will be dated April 29, 1936, and will mature on January 27, 1937, and on the maturity date the face amount will be payable without interest. They will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value).. It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. must be in multiples of $1,000. Each tender The price offered must be expressed on the basis of 100, wi.th not more than three decimal places, e.g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit r,f 10 percent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. - 2Immediately after the closing hour for receipt of tenders on April 27, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will he opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all ten ders or parts of tenders, and to allot less than the amount applied for, and his action in any such respedt shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on April 29, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or here after imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms- of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTMENT Washington April 27, 1936. vur n m m FOR THE PRESS EECEIPTS OF .SILVER BY THE MINTS AND ASSAY OFFICES: ""(Under Executive Proclamation of December 21, 1933) as amended feek ended April 24, 1936; P h ila d e lp h ia ^ , i .................. #* San F r a n c i s c o , . ............. • •.................................................. ................* • Denver........... .......................................... ....................... ............................... * \ Total for week ended April 24, 1936................. Total receipts through April 24, 1936.............. * 438,083.03 fine ounces 1» « 966,549.89 it « 7.672.98 it 1» 1,412,305.90 ti « 79,279,893.84 SILVER TRANSFERRED TO UNITED STATES; - (Under Executive Proclamation of August 9, 1934) feek' ended April 24, 1936; P h ila d e lp h ia ........................................... i Hew York .............................. y San F r a n c i s c o .................................................................................. .. Denver .................................................. ....................................................... . Hew O r le a n s .................. j S eattle ........................................................................................................ .. Total for week ended April 24, 1936 ............. . Total receipts through April 24, 1936............... 5.152.00 fine ounces 1,035.85 " M 4.109.00 * * 436.84 n 11 10,733.69 --*.:*■* n n /in 112,749,171. EECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES? New Domestic Imports « — — —— * feek ended April 24, 1936; — tt -,.-— ----- m— Secondary 423.05 Philadelphia___ _...»..... ............$ 6,383.30 $123,3 ol, 06 $ 90,400.00 Hew York ......................................... '................. 4 ,5 7 7 ,1 0 0 .0 0 1 8 4 ,1 0 0 .0 0 41,166.75 1,604,439.91 San Francisco......... ............. 139,091.93 14,266.28 575,864.38 Denver,................ ................. .........................*• 5 2 ,0 2 0 .5 6 26,169.06 -------- - Hew Orleans ........................ 14,201.31 43,397.53 Total for week ended April 24, 1 9 3 6 ...$4,774,595.79 $403,864*46 $2,314,524.87 GOLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER1 S OFFICE,: (Under Secretary's Order of Decemher 28, 1933) Received hy Federal Reserve Banks? Gold Coin---Week ended April 2 2 ...,...... . •$ 1 6 , 2 9 1 . 5 6 Received previously,.. ....... . 31,456,360,13 Total to April 2 2 ,.,.......... .$31,472,651.69 Received hy Treasurers Office; Week ended April 2 2 ..... ....... Received previously. ............. Total to April 22...,,......... 267,756.00 267,756.00 Gold Certificates $ 247,240,00 106,398,140.00 $106,645,380.00 $ Gold hars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. 9,800.00 2.424.820.00 2,434,620.00 FOR RELEASE, MORNING PAPERS, Friday, May 1, 1936* treasury d e p a r t m e n t STATEMENT. BY SECRETARY IIORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for two series of Treasury hills to the aggregate amount of ¡¿100,000,000, or thereabouts. One series will be 223-day bills and the other series will be 273-day bills. Both series m i l be sold on a discount basis to the highest bidders. Tenders will Bo receiv ed at tho Federal Reserve Banks, or the branches thereof, up to two o’ clock p.m., Eastern Standard time, on Monday, May 4, 1936. Tenders will not bo received at the Treasury Department, Washington. The Treasury bills will, as stated, be issued in two series, 050,000,000, or thereabouts, maturing on December 15, 1936, and ¡¿50,000,000, or thereabouts, maturing on February 3, 1937; both series to be dated May 6 , 1936. Bidders m i l to required to specify the particular ssrios for which each tender is made. Tho face amount of the bills of each scries trill. be payable mthoue„interest on their respective maturity dates. The bills will be issued m bearer form only, and in amounts or denominations of C>1 ,0 0 0 , Ol0 ,0 0 0 , $1 0 0 ,0 0 0 , 0500,0 0 0 , and s^l,0 0 0 ,0 0 0 (maturity value) • It is urged that tenders be mado on the printed forms and forwarded in tho special envelopes which will be supplied by thcFodcral Reserve Banks or branches upon application therefor. No tender for an amount loss than Ol,000 Trill bo considered. must bo in multiples of 01*000, Each tender The price offered must be expressed on the basis of 100, with not more than three decimal places, c.g,, 99.125. , Fractions must not to usod. Tenders m i l be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties, Tenders from others must be accompanied by a deposit of 10 percent of the taco amount of Treasury bills applied for, unless tho tenders are accompanied by wi express guaranty of payment by an incorporated bank or trust company. Immediately after the closing hour for receipt of tonders on May 4, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour m i l be opened and public announcement of the acceptable prices for each series m i l norning. follow as soon as possible^thereafter, probably on the following Tho Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, ond his action in any such respect shall bo final. Any tendorjftioh does not spocifically refer to a particular series will b e subject to re,section. Thoso submitting tenders will bo advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at tho Federal Reserve Banks in cash or other immediately available funds on May 6 , 1936. Tho Treasury bills will be exempt, as to principal and interest, and any g a m from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills arc not exempt from tho gift tax.) ; Ho loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by tho United States or any of its possessions. Treasury Department Circular Ho. 418, as amended, and this notice proscribe the terms of tho Treasury bills and govern tho conditions of their issue. Copies of the circular may bo obtained from any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTMENT Washington « R A N D U M EOR THE PRESS May 4„ 1936. s i l v e r b y t h e m i n t s AND ASSAY OPEICES: (Under Executive Proclamation of December 21, 1933) as amended receipts o f leek ended May 1, 1936: Philadelphia ...... ............................... San Francisco .................... ............... . Denver...... ........ .............................. Total for week ended May 1, 1936..... ........... . Total receipts through May 1, 1936...«......... . 166,988.84 fine ounces 244,500.44 ^,450.83 " » 418,940.11 79,698,833.95 " SILVER TRANSFERRED TO UNITED STAPES: (Under Executive Proclamation of August 9, 1934) Week ended May 1, 1936: Philadelphia................... New Y o r k ....................... San Francisco................... Denver....... ................... Dew Orleans..................... Seattle............. ....... . Total for week ended May 1, 1936.. Total receipts through May 1, 1936 5.816.00 fine ounces 4,684.25 " » 1.130.00 » » 983.18 » » 12,613.43 112,761,784.92 " ” RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: New Week ended May 1, 1936: Imports________ Secondary Domestic Philadelphia....... ........... •$ 10,824.10 $110,384.13 $ 951.51 New Y o r k ............ .......... 11,257,100.00 256,800.00 251,200.00 San Francisco........ .......... 1,458,185.05 48,472.88 1,052,104*61 — — - — — — 21,253.10 646,238.68 Denver,.......... ....... ....... New Orleans..................... *4*. ** *13,263.11 - - - - - Seattle......................... ........... 15,272.42 298,967.36 Total for week ended May 1, 1936..$12,726,109.15 $465,455.64 $2,249,462.16 .GOLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER'S OFFICE: (Under Secretary’s Order of December 28, 1933) Received by Federal Reserve Banks: Gold 1Coin 38 ,043,,6 6 Week ended April 29.... ....... $ Received p r e v io u s ly .. * ..................... 31 ,472 ,651.,69 Total to April 29............... $31 ,510 ,695,►35 Gold Certificates $ 426,680.00 106,645,380,00 $107,072,060.00 Received by Treasurer’s Office: Week ended April 29............ $ $ Received p r e v io u s ly .......................... Total to April 29........ . $ ROTE; 300,,00 267 ,756,,0 0 268 ,056,►00 Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. $ 8,500.00 2,434,620.00 2,443,120.00 » » FOR RELEASE, MORNING PAPERS, Friday, May 8 , 1936. TREASURY departm ent STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for two series of Treasury hills to the aggregate amount of $100,000,000, or thereabouts* One series will he 216-day hills and the other series will he 273-day hills* Both series will he sold on a discount basis to the highest bidders. Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o 1clock p.m., Eastern Standard time, on Monday, May 11, 1936. Tenders will not he received at the Treasury Department, Washington, The Treasury hills will, as stated, he issued in two series, $50,000,000, or thereabouts, maturing on December 15, 1936, and $50,000,000, or thereabouts, Imaturing on February 10, 1937; both series to he dated May 13, 1936. Bidders will be required to specify the particular series for which each tender is made. The face amount of the hills of ea,ch series will he payable without interest on their respective maturity dates. The hills will he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders he made on the erinted forms and forwarded in the special envelopes which will he supplied by the Federal Reserve Banks or branches upon application therefor* No tender for an amount less than $1,000 will he considered. | must be in multiples of $1,000. Each tender The price offered must he expressed on the basis |[ of 100, with not more than three decimal ulaces, e.g,, 99*125. Fra.ctions must not Tenders will "be accepted without cash deposit from incorporated hanks and trust companies and from responsible and recognized dealers in investment securi ties* Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company» Immediately after the closing hour for receipt of tenders on May 11, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices for each series will follow as soon as possible thereafter, probably on the lollowing morning» The Secretary of the Trea.sury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Any tender which does no_t_ soefcifically refer to a particular series will be subject to rejection. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on May 13, 1936* The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate ^nd inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) Ho loss from the sale or other disposition of the Treasury bills shall be allowed as a deduc tion, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or ^ny of its possessions* Treasury Department Circular No* 418, as amended, and this notice prescribe the terms of the Trea.sury bills and govern the conditions of their issue* Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof* ooOoo TREASURY DEPARTMENT Washington MEMORANDUM POR THE PRESS May 11, 1936* • SSCEIPTS OE SILVER 3Y THE MUTTS AND ASSAY OFFICES*.. (Under Executive Proclamation of December Si, 1933) as amended Week ended May 8 , 1936: Philadelphia.,........ . San Francisco........ ..... Denver ........... ............. Total for week ended May 8 , 1936.. Total receipts through May 8 , 1936 . . . . . 1,501,212.75 fine ounces 545,383.51 » " 19.425.85 » " 2,066,522.11 n " 81,765,356.06 « n SILVER TRMSPERKED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) leek ended May 8 , 1936: Philadelphia.... .............. . Hew York........................ San Francisco................... Denver...... ............ ....... New Orleans..................... Seattle........... ............. Total for week ended May 8 , 1936.. Total receipts through May 8 , 1936 7.287.00 fine ounces 2,687,95 « » 4.313.00 » » 408.95 » » 14,696.90 112,776,431.82 » n RECEIPTS OF GOLD 3Y THE MINTS AMD ASSAY OFFICES : New Week ended May 8 , 1936: Imports Secondary Domestic Philadelphia .................. $ 1,125,64 4,746,10 $144,096,89 $ Hey/ Y o r k .................. 24,999,300,00 233,500.00 350,200,00 910,720.96 San Francisco......... 44,412,56 1,474,181,42 Denver ......................... 59,159.44 27,974.23 510,472,71 New Orleans................ 433.00 36,782.85 525,97 Seattle .................... . - - - - - - 12,719.10 309,697.72 Total for week ended May 8 , 1936. .$25,974,349.50 $499,485.63 $2,646,203,46 SOLD RECEIVED 3Y FEDERAL RESERVE BANKS AND THE TREASURER1S OFFICE: (Under Secretary's Order of December 28, 1933) Received by Federal Reserve Banks: Gold Coin Week ended May 6 ................ $ 15,331.92 Received previously............. 31,510,695.35 Total to May 6 .................. $31,526,027.27 Received by Treasurer's Office: Week ended May 6 ................ $ ----------Received previously............. 268,056.00 Total to May 6 .................. $ 268,056.00 NOTE: Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. G-old Certificates $ 259,770.00 107,072,060.00__ $107,331,830.00 1 C .500.0*0 2 ,4 4 3 *,1 2 0 .0 0 $ 2,453,620.00 $ » 0 IBEASURY FOR RELEASE, MORNING- PAPERS, Friday, May 15, 1936* department STATEMENT BY SECRETARY MORGENTEAU The Secretary of the Treasury gives notice that tenders are invited for two. series of Treasury hills to the aggregate amount of $100,000,000, or thereabouts. One series will be 209~day bills and the other series will be 273-day bills. Both series will be sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o ’clock p.m., Eastern Standard time, on Monday, May 18, 1936. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will, as stated, be issued in two series, $50,000,000, or thereabouts, maturing on December 15, 1936, and $50,000,000, or thereabouts, matur ing in February 17, 1937; both series to be dated May 20, 1936. Bidders will be required to specify the particular series for which each tender is made. The face amount of the bills of each series will be payable without interest on their respective maturity dates. The bills will be issued in bearer form only, and m amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (matur ity v alue). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. he in multiples of $1,000. The price offered must be expressed on the ba*is of 100, with not more than three decimal places, e.g., 99.125. used. Each tepder must Fractions must not be -2 Tenders will "be accepted without cash deposit from incorporated "banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must "be accompanied "by a deposit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied "by an express guaranty of payment by an incorporated bank or trust company. Immediately after the closing hour for receipt of tenders on May 18, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices for each series will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Any tender which does not specifically refer to a particular series will be subject to rejection. Those submitting tenders will be advised of the acceptance or rejection thereof. P ay— ment at the price offered for Treasury bills allotted must be mado at the Federal Reserve Banks in cash or other immediately available funds on May 20, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or here after imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of tneir issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTMENT Washington mmMPm FOR THE PRESS May 18, 1936. pgOEIPTS OE SILVER BY THE MINTS AND ASSAY OFFICES: ""(Under Executive Proclamation of December 21, 1933) as amended leek ended May 15, 1936: Philadelphia.................................... San Francisco.................................... Denver................................... ....... Total for week ended May 15, 1936................. Total receipts through May 15, 1936............... 330,256.02 fine ounces 453,326*31 « " 6.229.04 « " 789,811.87 " " 82,555,167.93 " n SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) leek ended May 15, 1936: Philadelphia......................... *............. New Y o r k ...... .............................. . San Francisco...................... ........ ........ Denver.................. ...... ...................... New Orleans........ ................... |......... . • Seattle....... ..................................... Total for week ended May 15, 1936.......... .......... Total receipts through May 15, 1936.................. 8.173.00 fine ounces 5,638.36 " ” 2 .1 1 1 .0 0 » # 609.28 16,531.64 112,793,013.46 » « » » « » RECEIPTS OF GOLD 3Y THE MINTS AND ASSAY OFFICES: leek ended May 15, 1936: Philadelphia...... ;..... New York............ ..... San Francisco...... t..... Denver ....... ............ New Orleans .............. Seattle lotal for week ended May 15, _____ Imports Secondary ..... $ 9,307.03 $126,190-,99 ..... 93,022,800.00 177,300.00 ..... 14,713.87 36,806.52 ..... 23,419.82 21,048.71 ...... ......... 29,975.54 ..... ...... 9.905.87 8.947.42 1936.,$93,080,146.59 $400,269.18 New Domestic $ 229.81 315,800.00 1,824,635.16 726,175.81 245.846.30 $3,112,687.08 SOLD RECEIVED 3Y FEDERAL RESERVE BANKS AND THE TREASURERS OFFICE; (Under Secretary*s Order of December 28, 1933) Received by Federal Reserve Banks: Gold Coin Week ended May 13........ ......$ 9,726*96 Received previously........... . 31,526.027.27 Total to May 13................ . $31,535,754.23 I Received by Treasurer’s Office: ^ Week ended May 13............... $- - - - — Received previously............ 268,056.00 Total to May 13................. $ 268,056.00 ROTE; Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. Gold Certificates $ 210,340,00 - 107,331,830.00 $107,542,170.00 $ $ 2,700,00 2.453,620.00 2,456,320.00 lEEASUBI FOR RELEASE, MORNING PAPERS, Friday, May 22, 1936. department | STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasurygqves notice that tenders are invited for two series of Treasury hills to the aggregate amount of $100,000,000, or thereabouts. One series will be 202-day bills and the other series will be 273-day bills. series will be sold on a discount basis to the highest bidders. Both Tenders will be [ received at the Federal Reserve Banks, or the branches thereof, up to two o’clock ][ p-.ni., Eastern Standard time, on Monday, May 25, 1936. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will, as stated, be issued in two series, $50,000,000, or thereabouts, maturing on December 15, 1936, and $50,000,000, or thereabouts, matur ing on February 24, 1937; both series to be dated May 27, 1936. Bidders will be required to specify the particular series for which each tender is made. The face amount of the bill* of each series will be payable without interest on their respective maturity dates. The bills will be issued in bearer form only, and in l! amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 j (maturity v alue). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. he in multiples of $1,000. Each tender must The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99*125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi-^ ties. Tenders from others must he accompanied by a deposit of 1 0 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied hy an express guaranty of payment hy an incorporated hank or trust company. Immediately after the closing hour for receipt of tenders on May 25, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will he opened and public announcement of the acceptable prices for each series will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall he final. Any tender which does n o t, specifically refer to a particular series will he subject to rejection» Those submitting tenders will he advised of the acceptance or rejection thereof. Pay ment at the price offered for Treasury hills allotted must he made at the Federal Reserve Banks in cash or other immediately available funds on May 27, 1936. The Treasury hills will he exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also he exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury hills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury hills shall he allowed as a deduction, or otherwise recognized, for the purposes of any tax now or here after imposed hy the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury hills and govern the conditions of their issue. Copies of the circular may he obtained from any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTMENT W a sh in g to n MEMORANDUM eor tee May 25, 1936 press RECEIPTS OE SILVER BY THE MINTS AND ASSAY PEE ICES: (Under Executive Proclamation of December 21, 1933) as amended Week ended May 22, 1936; Philadelphia ............... ... *. San Francisco ....... . Denver........... ............... Total for week ended May 22, 1936.. Total receipts through May 22, 1936 985,271.61 fine ounces it 408,363.38 * it 5.836.94 11 ti 1,399,471.93 » it 83,954,639.86 " SILVER TRANSFERRED TO UNITED STATES; (Under Executive Proclamation of August 9, 1934) leek ended May 22, 1936: Philadelphia ..................... New York ....................... San Francisco.................... Denver........................ . New Orleans...................... Seattle......... ................ Total for week ended May 22. 1936 . j Total receipts through May 22, 1936 7.720.00 fine ounces 1,124,88 w » 1.564.00 « » 785.82 “ « 11,194,70 112,804s208.26 » " » « RECEIPTS OF G-OLD BY THE MINTS AND ASSAY OFFICES: New, leek ended May 22, 1936: _Imports_____ Secondary ________Domestic Philadelphia.................... $ 2,734.69 $179,446,16 $ 5,637,00 New York...................... ...18,224,200,00 180,500,00 79,900,00 San Francisco............... 370,513,74 35,605,03 1,640,450,93 Denver........................... 56,382,03 23,539,21 638,230,79 3,111,17 25,843,05 480,43 New Orleans...................... Seattle.......................... .....~ ~ ~ 17,203,25 189,160,54 Total for week ended May 22, 1936.,$18,656,941.63 $462,136,70 $2,553,859.69 GOLD RECEIVED EY FEDERAL RESERVE BANKS AND THE TREASURERS OFFICE: (Under Secretary*s Order of December 28, 1933) Received by Federal Reserve Banks : Gold Coin 11,215c36 Week ended May 20.............. .$ Received previously............ . 31,535,754c23 Total to May 20................ .$31,546,969c59 Received by Treasurer^ Office: Week ended May 20.............. .$ J Received previously*....... . [ Total to May 2 0 ......... . .$ NOTE: 2 0 0 .0 0 268,056c00 268,256.00 Gold Certificates $ 281,030,00 107,542,170*00 $107,823,200.00 $ $ Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported* 1,400,00 2,456,320*00 2,457,720.00 TBEASUHY FOR RELEASE, MORNING PAPERS, Friday, May 29, 1936. department STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for two. i series of Treasury hills to the aggregate amount of $100,000,000, or thereabouts. One series will he 195-day hills and the other series will be 273-day hills* Both series will he sold on a discount basis to the highest bidders. Tenders will : ce received at the Federal Reserve Banks, or the branches thereof, up to two il o’clock p.m., Eastern Standard time, on Monday,.June 1, 1936* Tenders will not he •I received at the Treasury Department, Washington. The Treasury hills will, as stated, he issued in two series, '$50,000,000, or I thereabouts, maturing on December 15, 1936, and $50,000,000, or thereabouts, !| maturing on March 3, 1937; both series to be dated June 3, 1936* Bidders will be ' required to specify the particular series for which each tender is made. The face ¡1 amount of the bills of each series will be payable without interest on their | respective maturity dates. The bills will be issued in bearer form only, and m i amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 | (maturity value). It is urged that tenders be made on the printed forms and forwarded in the i; special envelopes which will be supplied by the Federal Reserve Banks or branches ! upon application therefor. I No tender for an amount less than $ 1 # 0 0 will be considered. I be in multiples of $1,000. Each tender must The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g*, 99.125. Fractions must not be used. | Tenders will he accepted without cash deposit from incorporated hanks and ! trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must he accompanied hy a deposit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied hy -2 « an express guaranty of payment "by an incorporated bank or trust company* Immediately after the closing hour for receipt of tenders on June 1, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices for each series will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Any tender which does _not specifically refer to a particular series will be subject to rejection. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on June 3, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also bo exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes.of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies , of the circular may be obtained from any Federal Reserve Bark or branch thereof. ooOoo TREASURY DEPARTMENT Washington memorandum f o r June i, 1936 the p r e s s I RECEIPTS OP SILVER 3Y THE MINTS AND ASSAY OFFICES: | (Under Executive Proclamation of December 21, 1933) as amended leek ended May" 29, 1936: Philadelphia...................................... San Francisco ............................. . .• .. Denver............................................. Total for week ended May 29, 1936.................. * Total receipts through May 29, 1936 ................ 286,594.32 fine ounces 9.454.12 ” ” 296,048.44 " w 84,250,688.30 rt H SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended May 29, 1936: Philadelphia .............. . .• ........ ........ ...... New York................ ............................. San Francisco ....................................... Denver .............................................. New Orleans ........................................ * Seattle . .. . .......................................... Total for week ended May 29, 1936 ................ Total receipts through May 29, 1936 .............. 7,302.00 fine ounces 5,159.20 n n 354.00 " " 477.83 11 " 13.293.03 112.817,501.29 ,l « w w RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: N ew leek ended May 29, 1936: Imports________ Secondary ----- Domestic. Philadelphia.................. $ 13,114.82 $103,518.16 $ 57 New York ..................... 18,033,500.00 110,700.00 142,700.00 553,260.76 25,404.22 690,579.51 San Francisco ................. De n v e r ................................ 10,971.53 11,796.68 660,710.46 New Orleans. .. ................. 11,190.99 24,966.98 691.82 ............................... 8,535.78 379,012.29 Total for weekended May 29, 1936.$18,622,038.10 $284,921.82 $1,873,751.^0 GOLD RECEIVED BY 'FEDER AL RESERVE BANKS AND THE TREASURER1 S OFFIC E : (Under Secretary’s Order of December 28, 1933) Received by Federal Reserve Banks; Week ended May 27... -.......... Received pre-n ously............. Total to May 2 7................. »1 jj Received by Treasurer’s Office: Week ended May 2 7 .............. Received previously............. Total to May 2 7 ................. NOTE: Gold Go in 15,084.86 31-546 „ 9 6 9 . 59 $31,562,054.45 Gold Certificates $ 194,240.00 J 107,823,200.00 $108,017,440.00 $ -------------------------- $ $ $ 268,256.00 268,256.00 Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. $ 3,400.00 2.457.720.00 2,461,120.00 JEEASURY FOR RELEASE, MORNING PAPERS, Friday, June 5, 1936. department STATEMENT BY SECRETARY MORGENTHAU I The Secretary of the Treasury gives notice that tenders are invited for two. f series of Treasury hills to the aggregate amount of $100,000,000, or thereabouts. I One series will he 188-day hills and the other series will he 273-day hills. series will he sold on a discount basis to the highest bidders. Both Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o ’clock Eastern Standard time, on Monday, June 8 , 1936. L Tenders will not he received Ij at the Treasury Department, Washington. The Treasury hills will, as stated, he issued in two series, $50,000,000, or thereabouts, maturing on December 15, 1936; and $50,000,000, or thereabouts, maturj ing on March 10, 1937; both series to he dated June 10, 1936. Bidders will he required to specify the particular series for which each tender is made. The face | amount of the hills of each series will he payable without interest on their respective maturity dates. The hills will he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 I I (maturity value). It is urged that tenders he ma.de on the printed forms and forwarded in the special envelopes which will he supplied by the Federal Reserve Banks or branches > upon application therefor. No tender for an amount less than $1,000 will he considered. be in multiples of $1,000. Each tender must The price offered must he expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. .Fractions must not be I used. jl Tenders will he accepted without cash deposit from incorporated hanks and I trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must he accompanied by a deposit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied by an j express guaranty of payment "by an incorporated bank or trust company. Immediately after the closing hour for receipt of tenders on June 8 , 1936, 9 , »all tenders received at the Federal Reserve Banks or branches thereof up to the ! closing hour will be opened and public announcement of the acceptable prices for each series will follow as soon as possible thereafter, probably on the following morn ing. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Any tender which does not specifically refer to a particular series will be subject to rejection. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment | at the price offered for Treasury bills allotted must be made at the Federal Reserve I Banks in cash or other immediately available funds on June 10, 1936. j The Treasury bills will be exempt, as to principal and interest, and any gain ! from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) j No loss from -Mf the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTMENT Washington June 8 , 1936 I gMOBAKPUM EOR THE PRESS 1 M I P T S OE SILVER 3Y THE MINTS AND ASSAY OEEICES: (Under Executive Proclamation of December 21, 1933) as amended leek ended June 5, 1936: Philadelphia...-.............................. ..... San Francisco ...................... ......... ..... Denver.............................................. Total for week ended June 5, 1936.............. ,.... Total receipts through June 5, 1936................. 1,271,682.94 fine ounces 963,345.86 n ” 19,691,28 * ” 2,254,720.08 * ” 86,505,408.38 ” 11 SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended June 5, 1936; Philadelphia...... .............................. . 5,860.00 fine ounces New Y o r k ........... 2,095.82 ” ” San Francisco..... ................................ 4,662.00 ” n Denver........ 431,77 ,f ,f New Orleans......... ............................ . - - - S e a t t le ............................................. .................................................. .. . - - - „ . Total for week ended June 5, 1936................... 13,049.59 " ” Total receipts through June 5, 1936................. 112,830,550.88 ” n RECEIPTS OF GOLD 3Y THE MINTS AND ASSAY OFFICES: New leek ended June 5, 1936: Imports____ Secondary _____ Domestic Philadelphia.... ............. .$ 4,378,54 .$137,563,34 $ 950,85 New York. ..... ..... ........ . 31,171,400.00 172,500,00 144,000,00 1,273,994,79 34,023*68 1,648,767,05 San Francisco.... ...... Denver........ 50,127.59 46,371,55 605,513,31 New Orleans....... 26,334.29 130.61 battle.................... ......... .......... 13,816.12 261,810,44 Total for week ended June 5, 1936.$32,499,900.92 $430,608.98 $2,661,172.26 SOLD RECEIVED BY FEDERAL RESERVE BANKS AMD THE TREASURER1S OFFICE: (Under Secretary’s Order of December 28, 1933) !Received by Federal Reserve Banks:. Gold Coin__ Week ended June 3..... .......... . $ 19,367”.12 Received p re v io u s ly ........... .. 31,562,054.45 Total to June 3...... ........... $31,581,421.57 «Received by Treasurer’s Office:.I Week ended June 3 .............. . $ - - - ~ - — Received previously.... ........ ... 268,256.00 Total to June 3 .............. $ 268,256.00 ROTE;. Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. Gold Certificates $ 218,100.00 108,017,440.00 $108,235,540.00. $ $ 2,300,00 2,461,120.00 2,463,420.00 TREASURY DEPARTMENT FOR RELEASE, MORNING PAPERS, Fr iday, June 12, 1936. STATEMENT BY ACTING SECRETARY OF THE TREASURY TAYLOR The Secretary of the Treasury gives notice that tenders are invited for two series of Treasury hills to the aggregate amount of $100,000,000, or there abouts. bills. One series will he 181-day hills and the other series will he 273-day Both series will he sold on a discount basis to the highest bidders. Tenders will he received at the Federal Reserve Banks,.or the branches thereof, I up to two o ’clock p. m . , Eastern Standard time, on Monday, June 15, 1936. Tenders will not he received at the Treasury Department, Washington. The Treasury hills will, as stated, he issued in two series, $50,000,000, or thereabouts, maturing on December 15, 1936, and $50,000,000, or thereabouts, maturing on March 17, 1937; ) both series to he dated June 17, 1936. Bidders will he required to specify the particular series for which each tender is made. The face amount of the hills of each series will he payable without interest on their respective maturity dates. j The hills will he issued in hearer form only, and in amounts or denominations of $1 ,0 0 0 , $1 0 ,0 0 0 , $1 0 0 ,0 0 0 , $500,000, and $1 ,0 0 0 ,0 0 0 (maturity value). It is urged that tenders he made on the printed forms and forwarded in the special envelopes which will he supplied by the Federal Reserve Banks or hranche upon application therefor. No tender for an amount less than $1,000 will he considered. must he in multiples of $1,000. Each tender The price offered must he expressed on the basis of 100, with not more than three decimal places, e. g . , 99.125. | Fractions raust not he used. Tenders will he accepted without cash deposit from incorporated hanks and trust companies and from responsihle and recognized dealers in investment secur ities. Tenders from others must he accompanied by a deposit of 10 per cent of the face amount of Treasury "bills applied for, unless the tenders are accompanied hy an express guaranty of payment "by an incorporated "bank or trust company. Immediately after the closing hour for receipt of tenders on June 15, 1936, all tenders received at the Federal Reserve Banks or "branches thereof up to the closing hour will "be opened and public announcement of the acceptable prices for each series will follow as soon as possible thereafter, probably on the follow ing morning. The Secretary of the Treasury expressly reserves the right to re ject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Any tender which does not specifically refer to a particular series will be subject to rejection. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal. Reserve Banks in cash or other immediately available funds on June 17, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereofwill also be exempt,from all taxation, except estate and inheritance taxes.(Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition as a deduction, or otherwise recognized, of the Treasury bills shall be allowed for thepurposes of any tax now or here after imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bahk or branch thereof. — oOo— TREASURY DEPARTMENT Washington MEMORANDUM FOR THE PRESS June 15, 1936. RECEIPTS OF SILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) as amended Week ended June 12, 1936: P h i l a d e l p h i a ................................................................................................... San Francisco............. ........................ Denver ............. ........ ...................... Total for week ended June 12, 1936................. . Total receipts through June 12, 1936...... ......... 297,502.95 fine ounces 184,789,19 ,r " 10,071.15 " " 492,363.29 » n 86,997,771.67 ,! " fe SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended June 12,. 1936: Philadelphia ....................... .............. New York .............................. ............ San Francisco .............. ....................... Denver ............................................. New Orleans ....................... ............... Seattle ................... ........ ............... Total for week ended June 12, 1936 ................. Total receipts through June 12,. 1936 ............... 15,664,00 fine ounces 2,394.95 * " 1,831.00 •« * 884.10 M ,r 20,774.05 112,851,324.93 n " " 11 RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: New I Week ended June 12, 1936: Imports____ Philadelphia.................. $ 8,896.58 New York.... ................. 48,399,600.00 San Francisco ............... 412,027.05 Denver ........................ 40,514.37 New Orleans ......... 243.63 ........ . ......•— ■ — Seattle Total for week ended June 12, 1936 $48,861,281.63 Domestic $ 690.02 214,500.00 1,892,122.65 608,579.92 1,347.85 . 275,802,69 $2,993,043.13 Secondary $114,592.13 146,700.00 34,445.97 23,573.26 19,067.15 12,441.53 $350,820.04 COLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER* S OFFICE: (Under Secretary's Order of December 28, 1933) 1 ____ Gold Coin $ 12,245.84 31,581,421.57 $31,593,667.41 Received by Treasurer1s Office: Week ended June 10............. $ -----------Received previously................... 268,256.00 Total to June 10...... . $ 268,256.00 NOTE: Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. Gold Certificates 317, 7001.00 $ 108 ,235, 540..00 $108 ,553, 240..00 $ $ 1 ,300..0 0 ,463, 420..0 0 2,464,720.00 CO Received by Federal Reserve Banks: Week ended June 10.,........ . Received previously............ Total to June 1 0 ..... FOR RELEASE, MORNING PAPERS, Friday, June 19, 1936. ireasury d e p a r t m e n t I STATEMENT SY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for two. T series of Treasury hills to the aggregate amount of $100,000,000, or thereabouts* One series will be 174-day bills and the other series will be 273-day bills. series will be sold on a discount basis to the highest bidders. Both Tenders will be | received at the Federal Reserve Banks, or the branches thereof, up to two o*clock Ifc*. Eastern Standard time, on Monday, June 22, 1936. Tenders will not be received II at the Treasury Department, Washington. The Treasury bills will, as stated, be issued in two series, $50,000,000, or ¡thereabouts, maturing on December 15, 1936; and $50,000,000, or thereabouts, j maturing on March 24, 1937; both series to be dated June 24, 1936. Bidders will be ■required to specify the particular series for which each tender is- made. The face :amount of the bills of each series will be payable without interest on their !respective maturity dates. The bills will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000-, $100,000, $500,000, and $1,000,000 | (maturity value). It is urged that tenders be made on the printed forms and forwarded in the i special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. jpe in multiples of $1,000. Each tender must The price offered must be expressed on the basis of 100, Uitli not more than three decimal places, e.g,, 99.125. Fractions must not be used. Tenders w ill be accepted without cash d ep o sit from in corp o rated banks and [trust companies and from re sp o n sib le and recognized d e a le rs in investm ent s e c u r i t i e s , lenders from o th e rs must be accompanied by a d ep o sit of 10 uer cent o f the fa c e - 2~ Uno’ ont of Treasury "bills applied for, unless the tenders are accompanied "by an 'Igxpress guaranty of payment "by an incorporated "bank or trust company# Immediately after the closing hour for receipt of tenders on June 22, 1936, all tenders received at the Federal Reserve Banks or "branches thereof up to the closing hour will be opened and public announcement of the acceptable prices for each series ifwill follow as soon as possible thereafter, probably on the following morning. The ISecretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Any tender which does not specifically refer to aparticular series will be subject to rejection. advised of the acceptance or rejection thereof. Those submitting tenders will be Payment at the price offered for ([Treasury bills allotted must be made at the Federal Reserve Banks in cash or other j|immediately available funds on June 24, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale |or other disposition of the Treasury bills shall be allowed as a deduction, or other[wise recognized, for the purposes of any tax now or hereafter imposed by the United I States or any of its possessions. Treasury Department Circular No. 41.8, as amended, and this notice prescribe the Eterms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo <1 TREASURY DEPARTMENT !J Washington 1j memorandum e o r June 22, 1936. the press RECEIPTS OF SILVER BY THE MINTS AND ASSAY OEEICES: (Under Executive Proclamation of December 21,1933) as amended Week ended June 19, 1936: Philadelphia................ ................. San Francisco ................................ Denver ........................................ Total for week ended June 19, 1936............. Total receipts through June 19, 1936........... .. 809,339.84fine ounces 179,015.01 " " ____ 10,190.49 f " 998,545.34 I " 87,996,317.01 " " SILVER TRANSFERRED TO UNITED STATES : (Under Executive Proclamation of August 9,1934) Week ended June 19, 1936: Philadelphia.......... ................ ........ 110,386,00 fine ounces New Y o r k ........ .'............................. 1,677.00 '' " San Francisco ...... ........................ 2,536.00 " " Denver ......................................... 260.63 11 " New Orleans ............................ ....... - - Seattle ..... .................................. - - I Total for week ended June 19, 1936 ....... . 114,859.63 M 11 Total Receipts through June 19, 1936 ........... 112,966,184.56 " 11 RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: i'leek ended June 19, 1936: Imports $ 3,787.07 , ; i Philadelphia.................. New Y o r k ...... ............... 55,335,200.00 I San Francisco................ 48 3,897.89 1 Denver ........................ 60,392•38 - - New Orleans __ ........ Seattle....... ......... ...... 7,904.27 Total for week ended June 19,1936 $55,891,181.61 Secondary New Domestic $177,582.66 $ 1,097.95 63,500.00 194,200.00 47,965.04 1,855,502.38 18,119.10 558,997.14 31,860.30 451.35 12,234,75 •364,889.59 $351,261.85 #2,975,138.41 SOLD RECEIVER BY FEDERAL RESERVE BANKS AND THE TREASURER'S OFFICE: (Under Secretary's Order of December 28, 1933) Keceived by Federal Reserve Banks: Week ended June 17............. Received previously............ j Total to June 17.................. I a Received by Treasurer's Office: I Week ended June 17,............ Received previously ........... Total to June 17 ................. NOTE* Gold Coin -7,657.50 31,593,667.41 $31,601,324.91 $ $ $ — 268,256.00 268,256.00 Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. Gold Certificates 125,690.00 $ 108,553,240.00 $108,678,930.00 $ $ 2,100.00 2,464,720.00 2,466,820.00 TREASURY FOR RELEASE, MORNING PAPERS, Friday, June 26, 1936* department STATEMENT BY SECRETARY MCRGENTHAU iI The Secretary of the Treasury gives notice that tenders are invited for [ Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273-day I tills; and will he sold on a discount basis to the highest bidders. Tenders will te received at the Federal Reserve Banks, or the branches thereof, up to two o'clock [ p.m., Eastern Standard time, on Monday, June 29, 1936. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated July 1, 1936, and will mature on March 31, 1937, and on the maturity date the face amount will be payable without interest. | They will be issued in bearer form only, and in amounts or denominations of $1,000, I $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the J special envelopes which will be supplied by the Federal Reserve Banks or branches | upon application therefor. No tender for an amount less than $1,000 will be considered. II must be in multiples of $1,000. Each tender The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and | trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an Express guaranty of payment by an incorporated bank or trust company. I Immediately after the closing hour for receipt of tenders on June 29, 1936, all tenders received at the Federal Reserve Banks or Branches thereof up to the f closing hour will he opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The S ecretary of the Tr easury expressly reserves the right to reject any or all ten ders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on July 1, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) Ho loss from the sale or other disposition of the Treasury bills sha,ll be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular Ho. 418, as amended, and this notice prescribe the terms of the Treasury b ills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTMENT Washington ¡imormpum June 29, 1936. eor the press y RECEIPTS OE SILVER BY THE MINTS AND ASSAY OEEICES: (Under Executive Proclamation of December 21, 1933) as amended Week ended June 26, 1936: Philadelphia*• ••....... .•......... .............. . San Francisco....... ................ ......... . Denver........ ............................... .... * Total for week ended June 26, 1936.................. Total receipts through June 26, 1936................ 410,354.79 fine ounces 525,407,04 * ” 9,125.30 944,887.13 88,941,204.14 SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) leek ended June 26, 1936: Philadelphia...... ............. .......... . 1,138*38 fine ounces Hew York......... ............... ................. . 406.00 " * San Francisco........... ........................... Denver............................. ~ -- -« Hew Orleans........ - ~ - - -. ~ ■ Seattle ............................................ - -- -~ Total for week ended June 26, 1936.................. 1,544.38 fine ounces Total receipts through June 26, 1936..... .......... 112,967,728.94 ,f RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: Import! Secondary Week ended June 26, 1936: Philadelphia .......... Hew York.............. ........... 55,271,700,00 ~ ~ ~ r San Francisco*..... . 299,293.90 19,105*58 Denver,........ ......... ....... . 59,510*32 20,957,63 Hew Orleans...... ........... ..... 407,23 18,022,77 Seattle........................................................ .................. - - ~ 1 2 , 4 1 1 * 0 3 Total for week ended June 26, 1936,.$55,630,911,45 $70,497*01 New Domestic $......... 227,300,00 2,110,299.24 573,763,37 471.531.85 $3,382,894,46 GOLD RECEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER’S OFFICE: (Under Secretary’s Order of December 28, 1933) Received by Federal Reserve Banks;Gold_ Coin Week ended Juno 24........ ...,c$ ' 14,047*55 Received p r e v io u s ly . ..... ...... 31,601,324c91 Total to June 24............... .$31,615,372*«, 46 Received by Treasurer’s Office: Week ended June 24 ......... I...$~ - - 11 Received p r e v io u s ly . ............ * Total, to June 24................ $ ~ r ~ 268,256*00 268,256e00 Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. Gold Certificates $ 320,720.00 108,678.930.00 $108,999,650.00 $ $ 2,500.00 2,466.820.00 2,469,320.00 TREASURY FOR RELEASE, MORNING PAPERS, Friday, July 3, 1936, department STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273-day bills; and will he sold on a discount basis to the highest bidders. Tenders will be re c e iv e d at the Federal Reserve Banks, or the branches thereof, up to two [o’clock p.m., Eastern Standard time, on Monday,, July 6, 1936. Tenders will not be received at the Treasury Department, Washington, The Treasury bills will be dated July 8, 1936, and will mature on April 7,. 1937, and on the maturity date the face amount will be payable without interest. They will be issued in bearer form only, and in amounts or denominations of ,$1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches I upon application therefor. No tender for an amount less than $1,000 will be considered. must be in multiples of $1,000. Each tender The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125, Fractions must not be used-. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. ~2*« Immediately after the closing hour for receipt of tenders on July 6, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will he opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morningi The Secretary of the Treasury expressly reserves the right to rejec.t any or all tenders or parts of tenders, and to allot less than.the amount applied for j- and his action in any such respect shall be final. advised of the acceptance or rejection thereof. Those submitting tenders will be Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on July 8, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) N0 loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any.tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular Ro. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained frerr any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTMENT Washington MEMORANDUM eor July 6, 1936. the press 1 RECEIPTS OP SILVER BY THE MINTS AND ASSAY OFFICES: I (Under Executive Proclamation of December 21,1933) as amended Week ended July 3, 1936: Philadelphia .................... San Francisco .................. . Denver ....... ................. Total for week ended July 3, 1936.. Total receipts through July 3, 1936 . .843,255.96 fine ounces it • • * 6 8 ,5 9 4 .4 1 ti • • • • • 1 5 ,4 3 9 .4 1 it it 9 2 7 ,2 8 9 .7 8 it it 8 9 ,8 6 8 ,4 9 3 .9 2 it it • • SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended July 3, 1936: Philadelphia . . ..................% ........... . New York ...... ........ ..................... ......? San Francisco .................... ........... . Denver ................... ......................... 2,671.00 2.524.35 42.00 ______ hew O r le a n s . | ........................................................ .. • ................ .. Seattle................... ..... ................... . • Total for week ended July 3, 1936 .................... Total receipts through July 3, 1936 .................. " " " M " " ti ft _____________ it II _____________ it it 5.237.35 112,972,966,29 " ,r ” " RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: Imports Week ended July 3, 1936: $ 13,172.63 Philadelphia ................. 5,877,800.00 New York ..................... 1,154,026.56 San Francisco ........ ...... . 31,337.51 Denver ....................... 332.89 New Orleans ................. Seattle ..... ............... Total for week ended July 3, 1936 $7,076,669.59 Secondary $261,995.10 301,400.00 23,285.39 13,962.56 23,468.64 9.964.47 $634,076.16 New Domestic 2,068.08 82,000.00 1,184,209.19 643,011.39 414.33 315,156.33 $2,226,859.32 $ GOLD RECEIVED BY FEDERAL RESERVE BANES AND THE TREASURER;S OFFICE: (Under Secretary’s Order of December 28, 1933) Received by Federal Reserve Banks: 8,194.33 Week ended July 1 , ............. $ 31,615,372.46 Received previously ........... Total to July 1 ............... . $31,623,567.84 Received by Treasurer’s Office: Week ended July 1 ............. Received previously ........ ... $ Total to July 1 ................ $ NOTE: Gold Certificates 175,550.00 108.9,99,650.00 $109,175,200.00 $ $ 268.256.00 268,256.00 Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. $ 5,200.00 2.469,320.00 2,474,520.00 IREASXIRY I department EOR RELEASE, MORNING PAPERS, Friday, July 10, 1936. > STATEMENT BY ACTING SECRETARY OF THE TREASURY TAYLOR The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will be 273-day bills; and will be sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, J up to two o^clock p.m., Eastern Standard time, on Monday, July 13, 1936. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated July 15, 1936, and will mature on April 14, 1937, and on the maturity date the fane amount will be payable without interest. They will be issued in bearer form only, and in amounts or denomina- [ tions of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches 1 : upon application therefor. No tender for an amount less than $1,000 will be. considered. must be in multiples of $1,000. Each tender The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g. 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties, Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills apulied for, unless the tenders are accompanied by •a Immediately after the closing hour for receipt of tenders on July 13, 1936, | all tenders received at the Federal Reserve Ranks or branches thereof up to the closing hour will he opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all I tenders or parts of tenders, and to allot less than the amount applied for, and I his action in any such respect shall be final.. Those submitting tenders will be advised of the acceptance or rejection thereof# Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on July 15, 1936. The Treasury bills will be exempt, as to principal and interest, and any igain from the sale or other disposition thereof will also be exempt, from all j taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United 'States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe |the terms of the Treasury bills and govern the conditions of their issue. Copies Iof the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTMENT Washington jffMORANPUM FOR THE PRESS JulY 13t 1936. I RECEIPTS OF SILVER BY THE MINTS AND ASSAY OFFICES: F (Under Executive Proclamation of December 21, 1933) as amended Week ended July 10, 1936 j Philadelphia..................... gan Erancisco...... .............. D e n v e r ......................... *• Total for week ended July 10, 1936,. Total receipts through July 10, 1936 562,250,13 fine ounces 705,217,64 ” M ____ 17,575,02 ** ** 1,285,042*79 » * 90,935,900.14 " * ** SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended July 10, 1936s Philadelphia...................................... 62,00 fine ounces New York............................... 636*75 11 M San Francisco••••••........• »••••.•**..... .• •* •• 74*87 M M Denver.................................... ^ New Orleans.................... ............... . - - - - - ~ Seattle................................. ......... * ~ Total for week ended July 10, 1936........... ...... 773*62 n Total receipts through July 10, 1936...... ......... 112,958,943*88 H *** RECEIPT'S OF GOLD BY THE MINTS AND ASSAY OFFICES; New Domestic Secondary Week ended July 10, 1936; Imports ,._ 747*42 Philadelphia ..... ....... •$ 15,216,88 $101,545.26 $ 43,300,00 New York ............. 6,704,700,00 227,600,00 43,675,59 2,488,642,71 San Francisco.......... 31,647,57 547,807,00 22,129,92 Denver.......... 52,483*24 327,43 21,435*62 66,52 $ew Orleans. ..... ............ . . 712,340,45 S e a t t l e . . ■■ Total for week ended July 10, 1936,*$6,804,114*21 $429,346.38 $3,793,165.01 GOIP RECEIVED 3Y FEDERAL RESERVE BANKS AND THE TREASURER1S OFFICE; (Under Secretary*s Order of December 28, 1933) Received by Federal Reserve Banks: Week ended July 8 ........ ...... Received previously............. Total to July 8*.... ......... . Received by Treasurer*s Office Week ended July 8 ..... ..... Received previously........ Total to July 8 ............. NOTE; Gold Coin 6,064,12 31.623,567*84 $31,629,631*96 Gold Certificates $ 126,350,00 109,175,200*00 $109,301,550.00 $ --------------- $ $ $ 268,256*00 268,256.00 Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. ** Minus 217,636.57 adjustment* *** Minus 14,796.03 adjustment* $ 5,200,00 2,474,520*00 2,479,720.00 TREASURY department FOR RELEASE, MORNING PAPERS, Friday, July 17, 1936* STATEMENT BY ACTING SECRETARY OF THE TREASURY TAYLOR The Secretary of the Treasury gives notice that tenders are invited for Treasury "bills to the amount of $50,000,000, or thereabouts. They will be 273-day tills; and will be sold on a discount basis to the highest bidders* Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o’clock p.m., Eastern Standard time, on Monday, July 20, 1936. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated July 22, 1936, and will mature on April 21, 1937, and on the maturity date the face amount will be payable without interest. They will be issued in bearer form only, and in amounts or denominations of $1,000 $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. must be in multiples of $1,000* Each tender The price offered must be expressed on the basis of 100,. with not more Hian three decimal planes, e.g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. Immediately after the closing hour for receipts of tenders on July 20, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will he opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning* The Secretary of the treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submitting tenders will he advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on July 22, 1936, The Treasury bills will be exempt, as to principal and interest, and any J gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No, 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo THEASURI DEPARTMENT Washington MEMORANDUM EOR THE PRESS July 20, 1936« RECEIPTS OE SILVER BY THE MINTS AND ASSAY OEEICES: (Under Executive Proclamation of December 21, 1933) as amended Week ended July 17, 1936s Philadelphia................. . San Francisco..... ............... . Denver*........... ...... .......... . Total for week ended July 17, 1936.., Total receipts through July 17, 1936, 1,150*018*91 fine ounces 231,928.28 » »< 9.751.5S 11 « 1,391,698.75 92,327,598.89 SILVER TRANSFERRED TO UNITED STATES ; (Under Executive Proclamation of August 9, 1934) Week ended July 17, 1936: Phil ade Ip h i a ...................................................... New Y o r k .... ..................... San Francisco.............. . Denver .... ....... .......... New Orleans................... Sea ttj.e • • . «•*<••••••••... Total for week ended July 17, 1936.... - receipts through July 17, 1936................ 1,651.90 fine ounces 1,651»90 fine ounces 112,960,595.78 RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: Week ended July 17, 1936: Imports Philadelphia..... 4,144,49 New York.......................... 1,603,900*00 San Francisco^ ...... 462,137.68 Denver ...... 21,843.37 New Orleans,# ....... 1,043,64 Seattle •.. A...... Total for week ended •$2,093*0è9.18 Secondary $103,715,65 175,800,00 32,760*47 11,592c20 23, 627 i.25 14,018,17 $361,513,74 New Dome stic $ " 814,73 325,300,00 1,722,851.62 625.. 845.24 366,62 __ 514,549.80 $3,189,528.01 MjPJ Œ CEIVED BY FEDERAL RESERVE BANKS AND THE TREASURER'S OFFICE : (Under Secretary's Order of December 28, 1933) Received oy Federal Reserve Barks: >«eek ended July 15...... . ...... 'Received previously,............ Total to July 15............... . Gold C o in 12,303,,96 31,629,Col *96 $31,641,940.92 Gold Certificates $, 217,280,00 109.301*550.00 $109,518,830.00 Received by Treasurer’s Office: Week ended July 15«..... . Received previously............. Total to July 15................ : 2 0 0 .0 0 ____ 268,256.00 $ 268,456.00 $ ^'TE: $ Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. stima.ted 1,300*00 2.479.720*00 $3 2*481,020.00 IRBASTJRY DEPARTMENT j[ FOR RELEASE, MORNING PAPERS, Friday, July 24, 1936. STATEMENT BY ACTING SECRETARY OF THE TREASURY TAYLOR The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273-day bills; and will he sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two j| o’ clo ck p.m., Eastern Standard time, on Monday, July 27, 1936. Tenders will not |be received at the Treasury Department, Washington. The Treasury bills will be dated July 29, 1936, and will mature on April 28, | 1937, and on the maturity date the face amount will be payable without interest. They will be issued in bearer form only, and in amounts or denominations of $1,000 I $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forrms and forwarded in the | special envelopes which will be supplied by the Federal Reserve Banks or branches j| upon application therefor. | No tender for an amount less than $1,000 will be considered, ' must be in multiples of $1,000. nach tender The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 per cent of the | face amount of Treasury bills applied for, unless the tenders are accompanied by X an express guaranty of payment by an incorporated bank or trust company. ~2~ Immediately after the closing hour for receipt of tenders on July 27, 1936, all tenders received at the Federal Reserve Banks or "branches thereof up to the J closing hour will "be opened and public announcement of the acceptable prices | will follow as soon as possible thereafter, probably on the following morning# The Secretary of the Treasury expressly reserves the right to reject any or all tenders or pants of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final# Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made a,t the Federal Reserve Banks in cash or other immediately available funds on July 29, 1936# The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all | taxation, except estate and inheritance taxes# (Attention is invited to Treasury IDecision 4550, ruling that Treasury bills are not exempt from the gift tax#) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or here after imposed by the United States or any of its possessions# Treasury Department Circular No# 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue# Copies of the circular may be obtained from any Federc ?l Reserve Rank or branch thereof# ooOoo TREASURY DEPARTMENT Washington SMORANDUM FOR THE PRESS July 27, 1936. -, RECEIPTS OE SILVER BY THE MINTS AND ASSAY OFEICSS: (Under Executive Proclamation of December 21, 1933) as amended feek ended July 24, 1936: Philadelphia. .......... 542,826.38 fine ounces Ssn F r a u d s o o . . , ................................... 163,345,48 Denver............................................. 10.188.99 Total for week ended July 24, 1936.................. 716,360.85 Total receipts through July 24, 1936................ 93,043)959.74 SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) feek ended July 24, 1936: Philadelphia................ .......... .......... 62.00 fine ounces New Y o r k .... ......................... 2,524.40 » « San Francisco...................... #............ . D e n v e r ...... ......... ...... #..... .... New Orleans........ .......... .................... -.*.**, **: Seattle........................ ........... . .. ~ Total for week ended July 24, 1936...)...)).))))!!)) 2,586.40 fine ounces Total receipts through July 24, 1936................ 112,963,182.18 « » RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES; ended July 24, 1936: .... Imports Philadelphia...................... $ 9,507,19 , New York.............. 2,152,000.00 San Francisco..................... 424,941.56 ~enver....................... 70,827.89 New Orleans...................... — „ Seattle........................... - - - ^ Total for week ended July 24, 1936. .$2,657,276.64 Secondary $ 90,616.80 78,700.00 27,146,81 28,195,97 19,943,45 7,765.21 Ì,368.24 Domestic' $ 181.55 295,000,00 1,548,998^24 671,753,17 510,08 305.655.27 $2,822,098.31 SOLQSCEIVED b y FEDERAL RESERVE BANKS AND THE TREASURER *S OFFICE: (Under Secretary*s Order of December 28, 1933) Received by Federal Reserve Banks: __ Gold Coin feek ended July 22.............. $ ' 18,265.92 Received previously............. 31.641.940.92 Total to July 22.......... $31,660,206.84 Gold Certificates 383,830,00 109.518.830.00 $109,902,660.00 $ Received by Treasurer*s Office: Week ended July 22........ . $ - _______ __ Received previously............. 268.456.00 Total to July 22..... .......... $ 268,456.00 OTS: Gold bars deposited with the New York Assay Offics in the amount of $20.0,572*69 previously reported. $ ? 3,600,00 2.481,020.00 2,484,620.00 FOR RELEASE, MORNING- PAPERS TREASURY DEPARTMENT Friday, July 31, 1936* STATEMENT BY ACTING SECRETARY OF THE TREASURY TAYLOR The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273-day hills; and will he sold on a discount basis to the highest bidders. Tenders will he received at the Federal Reserve Banks, or tho branches thereof, up to two o*clock p. m . , Eastern Standard time, on Monday, August 3, 1936» Tenders will not he received at the Treasury Department, Washington* The Treasury hills will he dated August 5, 1936, and will mature on May 5, 1937, and on the maturity date the face amount will he payable without interest. They will he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders he made on the printed forms and for warded in the special envelopes which will he supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will he considered. Each tender must he in multiples of $1,000. The price offered must he expressed on the basis of 100, with not more than three decimal places, e. g., 99.125. Fractions must not he used. Tenders will he accepted without cash deposit from incorpor ated hanks and trust companies and from responsible and recognized dealers in investment securities. Tenders from others must he accom panied by a deposit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied "by an express guaranty of payment hy an incorporated hank or trust company. Immediate],y after the closing hour for receipt of tenders on August 3, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will he opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount his action in any such respect shall he final. applied for, and Those submitting tenders will he advised of the acceptance or rejection thereof. Payment at the price offered for Treasury hills allotted must he made at the Federal Reserve Banks in cash or other immediately available funds on August 5, 1936. The Treasury hills will he exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also he exempt, from all taxation, except estate and inheritance taxes. (Atten tion is invited to Treasury Decision 4550, ruling that Treasury hills are not exempt from the gift tax.) Do loss from the sale or other disposition of the Treasury hills shall he allowed as a deduction, or otherwise recog nized, for the purposes of any tax now or hereafter imposed hy the United States or any of its possessions. Treasury Department Circular Uo. 418, as amended, and this notice prescribe the terms of the Treasury hills and govern the con ditions of their issue,. Copies of the circular may he obtained from any Federal Reserve Bank or branch thereof. TBEASURY DEPARTMENT Washington MEMORANDUM FOR THE PPB SS I August 3, 1936. m m s , OE SILVER BY THE MINTS A N D a s s a y OFFICES(Under Executive Proclamation of December 21, 1933) as amended Week filled Jiuly 31, 1936: P h i l a d e l p h i a .........................t#> San Francisco ................. *********......... . Denver............... . . .... *.............. * Total for week ended July 31, 193s! !!!*!***...... ** Total receipts through July 31, 1 9 3 6 ‘ 224,559.83 fine ounces 7.037.60 » R 231,597.43 » # 93,275,557.17 » » .SILVER. TRANSFERRED TO UNITED STATES* (Under Executive Proclamation of August 9, 1 9 3 4 ) Week ended July 31, 1936: P h i l a d e l p h i a .............................. ........................................ . . » New York ................ San Francisco.......;..... Denver......... . New O r l e a n s .........................* # Seattle,........... * * *........................... Total for week ended July 31, 1936..... Total receipts through July 31, 193j6 ....!!!!.... 936,40 fihe otlnces 68.00 » « 63.68 « « 1,068.08 112,962,598.36 « » « n SjpJlPTS OF GOLD BY THE MINTS AND ASSAY OFFICES; New Imports Secondary , Domesti c P h i l a d e l p h i a . ........... .. ....$ 1,824,20 $ 63,509,73 IT 357^63^ New York.......... ♦ «.».»!!!! .... 4,038,800.00 ’224,900,00 299,500.00 San Francisco................. .... 1,431,135,44 32,214,66 1,134,278.35 D enver ............................................. .... 13r069.19 10,689,74 469,206,22 New Orleans ............... .... 9,588.43 15,553,18 450.56 Seattle ............. «... - r r -----_ 5,806.20 . 472.712.51 Total for week ended July 31, 1936 ....$5,494,417.26 $352,673.51 $2,376,505.27 Week ended July 31, 1936: goia BBCEIVEP BY FEDERAL RESERVE BiMKS AMD THE TOU!iSTTOEP ■g OFFICES! (Under Secretary’s Order of December 28, 1933) Received by Federal Reserve Banks: Week ended July 29.............. Received previously........... [. Total to July 29.... .......... . Received by T re a su re r’ s Office: 11 Week ended July 2 9 . ............ i •'Received p r e v io u s ly ............. ] M j Total to July 2 9 . . . . . . . . . . . . ! j °TE: Gold Coin 9,279.78 31,660.206.84 $31,669,486,62 Gold Certificates $ 117,860.00 109.902.660,00 $110,020,520.00 $ ----- -- ~ ~ $ $ $ 268.456.00 268,456.00 Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. $ 4,400,00 2.484,620.00 2,489,020.00 POR r e l e a s e , m o r n i n g p a p e r s , Friday, August 7, 1936* treasury d e p a r t m e n t STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury bills to the amount of $50,000,000, or thereabouts. They will be 273-day tills; and will be sold on a discount basis to the highest bidders. Tenders will be received at the Pederal Reserve Banks, or the branches thereof, up to two o&clock p.m., Eastern Standard time, on Monday, August 10, 1936. Tenders will not I be received at the Treasury Department, Washington. The Treasury bills will be dated August 12, 1936, and will mature on May 12, | 1937, and on the maturity date the face amount will be payable without interest. They will be issued in bearer form only, and in amounts or denominations of $1,000 ! $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the -printed forms and forwarded in the I / special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. must be in multiples of $1,000. Each tender The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. Immediately after the closing hour for receipt of tenders on August 10, 1936, all tenders received at the Federal Reserve Banks or "branches thereof up to the closing hour will he opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. advised of the acceptance or rejection thereof. Those submitting tenders will be Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on August 12, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or here after imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue* Copies of the circular may be obtained from any Federal Reserve Banks or branch thereof. ooOoo TREASURY DEPARTMENT Washington MEMORANDUM EOR THE PRESS August 10, 1936*. M I P T S OE SILVER 3Y THE MINTS AND ASSAY OFFICESJ, (Uncter Executive Proclamation of December 21,. 1933) as amended feek ended August 7, 1936: Philadelphia ............ ......... .............. * San francisco..... ............................... Denver ................ ....... I Total for;week ended August 7,. 1936.......... ! Total receipts through August 7,- 1936............. * 1,677,296,13 fine ounces 578,273,87 » » 18.357.47 » » 2,273,927.47 « ” 95,549,484*64 » tr r SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of Augiist 9, 1934) Week ended August 7, 1936: Philadelphia..... ............................. . New Y ork .................. ...... . San francisco....... ............................. Denver ................................. ........ . New Orleans............... ........................ Seattle................... .......... ............ . I Total for week ended August 7, 1936.......... . j Total receipts through August 7, 1936............ . 258*00 fine ounces 2,622.65 » H 2,880.65 112,965,479.01 » » » »* RECEIPTS Of GOLD BY THE MINTS AND ASSAY Off ICES: Hew. Domestic $ 1,060,36 258,900,00 1,989,219,45 662,366,11 47,85 478.720*09 $3,390,313.86 leek ended August 7, 1936: Imports Secondary Philadelphia..... ......... ,... ...... .$ 20,517,81 $145,040.80 New York *........... 6,398,900,00 122, 100.00 San francisco......... 234,563.90 27.447.55 Denver .............. 20,889.07 21,127,32 - - - « New Orleans....... ................ 23.674.56 Seattle............................ - ~ ~ 18.232.66 Total for week ended August 7, 1936. ..$6,674,870.78 $357,622.89 SOLD RECEIVED BY fEDERAL RESERVE BANKS AND THE TREASURER1S Off ICE:. (Under Secretary1s Order of December 28, 1933) Received by federal Reserve Banks: Week ended August 5............... Received previously*........ . Total to August 5.............. i 'I Received by Treasurers Office; Week ended August 5............. Received previously........ . Total to August 5..,,..... . NOTE: ______ Gold Coin $ 16,139.40 31.669.486.62 $31,685,626.02 Gold Certificates $ ‘ 210,638,00 110.020.520.00 $110,231,158.00 $ 200.00 $ 1 ,0 0 0 *0 0 $ 268.456.00 268,656.00 $ 2.489.Ó2Ó.00 2,490,020.00 Gold bars deposited with the New York Assay Office in the amount of $200,572*69 previously reported. FOR RELEASE, MORNING PAPERS, Friday, August 14, 1936. TREASURY DEPARTMENT STATEMENT BY SECRETARY MORGSNTHAU The Secretary of the Treasury gives notice that tenders are invited for T reasury hills to the a r u m t of $50,000,000, or thereabouts. They will be 273-day bills; and will be sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o ?clock p.m., Eastern Standard time, on Monday, August 17, 1936^ || Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated August 19, 1936, and will mature on May 19, 1937, and on the maturity date the face amount will be payable without interest. | They will be issued in bearer form only, and in amounts or denomina- tions of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or "branches upon application therefor. No tender for an amount less than $1,000 will be considered. must be in multiples of $1,000. Each tender The price offered must be expressed nn the basis of 100, with not more than three decimal places, e,g., 99.125, Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in invest ment securities. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. Immediately after the closing hour for receipt of tenders on August 17, 1936, all tenders received at the Federal Reserve Banks or "branches thereof up to the closing hour will "be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or othep immediately available funds on August 19, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the pur poses of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice pres cribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTMENT Washington MEMORANDUM RPR THE PRESS August 17, 1936* RECEIPTS OP SILVER BY THE MUTTS AMD ASSAY OFFICES! * (Under Executive Proclamation of December 21, 1933) as araended Week ended August 14, 1936: Philadelphia.......... ......... .............. . San-Francisco ............... ............ ....... Denver ...,................ ....................... Total for week ended August 14, 1936.............. Total receipts through August 14, 1936........ . 300,000.63 fine' ounces 304,735.55 » » 10 .411.76 n « 615,167.94 96,164,652.58 $1 » " » SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended August 14, 1936: Philadelphia....................................... New York......... ................................. San Francisco ..................................... Denver ............................................ Hew Orleans.......... ............................. Seattle ............................. ............. Total for week ended August 14, 1936................ Total receipts through August 14, 1936.............. 131*10 fine ounces 1,007.00 " * 1,138.10 112,966,617.11 » » ,T » RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: leek ended August 14, 1936: Imports Secondary 7,925,08 $154,037,45 Philadelphia...................... $ New York ......................... 5,981,600,00 155,300,00 San Francisco............ ...... 564,812.87 30,080,39 Denver.... ........ 54,056.49 19,085.75 New Orleans ~ 30,706,70 Seattle................. ......... - ~ - - - — 8*799.46 Total for week ended August 14, ..$6,608,394.44 $398,009.75 New Domestic 137,06 $ 55,500,00 1,504,563,77 574,056.50 296.48 626,536.30 $2,761,090.11 COLD RECEIVED BY THE FEDERAL RESERVE BANKS AND THE TREASURER *S OFFICE: (Under Secretary’s Order of December 28, 1933) Received by Federal Reserve Banks: Week ended August 12...... . Received previously*....... Total to August 12...... . Received by Treasurer’s Office Week ended August 12....... Received previously........ Total to August 12......... Gold Coin $ 13,439.60 31,685.626.02 $31,699,065.52 Gold Certifie ;es $ 153,052.00 110,231,158.00 $110,384,210.00 $ ------------------- $ $ 268,656.00 268,656.00 Gold bars deposited with the New York Assay Office in the amount of $200,572.69 previously reported. $ 6,900.00 2,490*020.00 2,496,920.00 TREASURY DEPARTMENT POR RELEASE, MORNING PAPERS, Friday, August 21, 1936* STATEMENT 3Y ACTING SECRETARY OF THE TREASURY TAYLOR The Secretary of the Treasury gives notice that tenders are invited for Treasury bills to the amount of $50,000,000, or thereabouts* They will be 273-day bills; and will be sold on a discount basis to the highest bidders* Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o*clock p*m,, Eastern Standard time, on Monday, August 24, 1936. Tenders will not be received at the Treasury Department, Washington* The Treasury bills will be dated August 26, 1936, and will mature on May 2 6, 1937, and on the maturity date the face amount will be payable without interest* They will be issued in bearer form only.,, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor* No tender for an amount less than $1,000 will be considered. must be in multiples of $1,000. Each tender The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g*, 99*125. Fractions must not be used* Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties* Tenders from others must be accompanied by a deuosit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or truest company* ~2~ Immediately after the closing hour, for receipt of tenders on August 24, 1936, all tenders received at the Federal Reserve Banks or "branches thereof up to the closing hour will be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning* The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final* Those submitting tenders will be advised of the acceptance or rejection thereof* Payment at the price offered for Treasury bills -allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on August 26, 1936* The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes* (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax*) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any.tax now or hereafter imposed by the United States or any of its possessions* Treasury Department Circular Ko* 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies, of the circular may be obtained from any Federal Reserve Bank or branch thereof* ooOoo TREASURY DEPARTMENT Washington MEMORANDUM FOR THE PRESS August 24, 1936. RECEIPTS OF SILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21,1933) as amended f0ek ended August 21, 1936: Philadelphia .................................... 491,744.55 San Francisco .................................... 280,285.02 Denver ............ 6,670.81 Total for week ended August 21, 1936 ............. 778,700.38 Total receipts through August 21, 1936 ........... 96,943,352.96 fine ounces II »1 II It II II II II SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended August 21, 1936: Philadelphia........... 300.00 New York ........................................ 2,143.85 SaA Francisco ......... 549.50 Denver ....... 44.96 New Orleans ..................................... Seattle ........................................ . ....... Total for week ended August 21, 1936 3,038.31 Total receipts through August 21, 1936 ......... 112,969,655.42 fine ounces II II II II II II 11 It II II II II II II RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: Week ended August 21, 1936 Philadelphia ........... New York ............... Sail F r a n c i s c o ......... Denver ................ New Orleans ........... Seattle .... Total for week ended August 21 Imports $ 9,442.16 15,548,100.00 1,499,086.61 7,315.14 4,124.06 .$17,068,067.97 Secondary $ 100,815.77 4,555,217.00 23,053.02 17,201.29 21,790.15 9,098.98 $4,727,176.21 New Domestic $ 511.56 215,600.00 1,515,492.67 597,903.09 477.265.43 $2,806,772.75 COLD RECEIVED BY THE FEDERAL RESERVE BANKS AND THE TREASURER* S OFFICE: (Under Secretary’s Order of December 28, 1933) Received by Federal Reserve Banks: Week ended August 19 ............ Received previously .............. Total to August 19 ............... Received by Treasurer’s Office: Week ended August 19 ............. Received previously ............ . Total to August 19 ............... NOTE: Gold Coin 7,561.92 31,699,065.62 $31,706,627*54 Gold Certificates $ 254,950.00 110,384,210.00 $110,639,160.00 $ ----------268,656.00 $ 268,656.00 $ $ Gold bars deposited with the New York Assay Office in the amount of $200,572.69previously reported. $ 2,200.00 2,496,920.00 2,499,120.00 Since the issuance of the Memorandum for the Press dated August 24, 1936, listing receipts of gold by the Mints and Assay Offices, for the vreek ended August 21, 1936, the New York Assay Office has revised its report* The follovring table presents the corrected reports: Imports Secondary Phi lade l p h i a .................. '9,442.16 $'100,315.77' New York ...................... 19,702,800.00 358,617.00 San Francisco ................. 1,499,086.61 23,053,02 Denver ................... 7,315.14 17,201.29 New Orleans .................... 4,124.06 21,790.15 Seattle ...... ................ .......... 9,09-8.98 Total for week ended Aug. 21. $21,222,767.97 $ 530,576.21' — oOo- New Domestic y | 511,56 257,500.00 1,515,492.67 597,903,09 477,265.43 $2,848,672.75 TREASURY DEPARTMENT EOR RELEASE, TUNING- PAPERS, Friday, August 28, 1936. STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273-day hills; highest bidders. and will he sold on a discount basis to the Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o'clock p.m., Eastern Standard time, on Monday, August 31, 1936. Tenders will not he received at the Treasury Department, Washington. The Treasury hills will he dated September 2, 1936, and will ma ture on June 2, 1937, and on the maturity date the face amount will he payable without interest. They will he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders he made on the printed forms and for warded in the special envelopes which will he supplied hv the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will he considered. Each tender must he in multiples of $1,000. The price offered must he expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not he used. Tenders will he accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securities. Tenders from others must he accompanied by a deposit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied by an express guarant;/’ of payment by an incorporated hank or trust company. 2 Immediately after the closing hour for receipt of tenders on August 31, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public an nouncement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to .reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on September 2, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) Ho loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recog nized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular Ho. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo- TREASURY DEPARTMENT Washington August 31, 1936. MEMORANDUM FOR THE PRESS RECEIPTS OF SILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) as amended. Week ended August 28, 1936i P h i l a d e l p h i a ....................... »• San Francisco ...... • ••....... ...... . Denver ........ *.....*•■•............. • Total for week ended August 28, 1936 ... Total receipts through August 28, 1936 . 741,230¿02 fine ounces 411,072.42 H * 12.287.05 w ,f 1,164,585.49 ” ,f 98,107,942.45 n ” SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended August 28, 1936 i 59.00 fine ounces P h i l a d e l p h i a..... ........... ................... 1 , 002.88 » " New York .............. •• ••........ .•............. 85.65 w " San Francisco ............................. *..... Denver ........................................... New Orleans .................... . . ............. . • S e a t t l e .......................... ........... 1,147.53 M n Total for week endud August 28, 1936 .............. 112,970,802.95 Total receipts through August 28, 1936 ........... RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES; a----------------- -----' Imports Week ended August 28, 1936: $ 3,757.84 P h i l a d e l p h i a ................. 9,090,600.00 New York .............. ....... 962,246.67 San Francisco ............. 14,547.93 Denver .................... . •• New O r l e a n s .... ............. Seattle ........... ........... Total for week ended Aug. 28,1936 $10,071,152.44 Secondary 68,470.04 75,650.00 17,702.97 19,228.71 20,957.07 11.759.81 $ 213,768.60 $ New Domestic $ 609.49 300,600.00 1,570,283.32 657,548.99 ■980.918.17 $3,509,959.97 GOLD RECEIVED BY THE FEDERAL RESERVE BANKS AND THE TREASURER1S OFFICE; (Under Secretary’s Order of Deoemher 28, 1933) Received "by Federal Reserve Banks. _____ Gold Coin__ Week ended August 26 . ............ $ 6,328.28 Received previously .... ........... _ 31,706,627.54 Total to August 2 6 ................. $31,712,955.82 Received "by Treasurer1 s Office: Week ended August 2 6 .... .......... Received previously . •....... ...... Total to August 26 ................. NOTE. $ .... 268, 656.00 $ 268,656.00 Gold "bars deposited with the New York Office in the amount of $200,572.69 previously reported Gold Certificates $ 183,570.00 110,639.160.00 $ 110,822,730.00 $ $ 1,500.00 2.499.120.00 2,500,620.00 FOR RELEASE, MORNING PAPERS, TREASURY DEPARTMENT Wednesday, September 2, 1936. STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury bills to the amount of $50,000,000, or thereabouts. They will be 273-day bills; and will be sold on a discount basis to the highest bidders. Tenders will be received at the Federal. Reserve Banks, or the branches thereof, up to two o ’clock p. m . , Eastern Standard time, on Friday, September 4, 1936. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated September 9, 1936, and will mature on June 9, 1937, and on the maturity date the face amount will be payable without interest. They will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Bahks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. Each tender must be in multiples of $1,000. The price offered must be expressed on the basis of 100, with not more than tnree decimal places, e. g . , 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorpor ated banks and trust companies and from responsible and recognized dealers in investment securities. Tenders from others must be accom panied b y a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. - 2 - Immediately after the closing hour for receipt of tenders on September 4, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof. Pay ment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on September 9, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes* (Atten-* tion is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) Ro loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recog nized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the con ditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. TREASURY DEPARTMENT Washington ) MEMORANDUM FOR THE PRESS September 8, 1936. RECEIPTS OF SILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) as amended. Week ended September 4, 1936: Philadelphia ................... . San Francisco ........................ Denver .......... -.................... Total for week ended September 4, 1936 . Total feceipts through September 4, 1936 .. 689,881.20 fine ounces .. 655,888.14 » " . . 16,338.71 " ir 1,362,108.05 » " 99,470,050.50 11 « SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended September 4, 1936: Philadelphia ........ ............................... ... fine ounces ............................... 165.55 n tt New York San Francisco .................................... Denver ............. 65.82 " n New Orleans.*..,............................................. ,f11 Seattle .......................................... Total for week ended September 4, 1936 ............... 231.37 11 11 Total receipts through September 4, 1936 ......... 112,971,034.32 n n | RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: Week ended September 4, 1936: Imports $ 10,349.12 Philadelphia 20,158,500.00 New York 1,280,756.25 San Francisco 33,372.07 Denver 12,648.84 New Orleans Seattle Total for week ended Sent. 4, 1936 $21,495,626.28 Secondary $115,146 ..69 133,000.00 27,393.86 15,711.03 21,382.48 7,520.07 $320,154.13 New Domestic $ 1,025.78 294,500.00 1,378,320.82 522,835.06 58.34 603,935.50 $2,800,675.50 ”n nn for release, morning papers, treasury d e p a r t m e n t Friday, September 11, 1936. statement by secretary morgenthau The Secretary of the Treasury gives notice that tenders are invited for Treasury bills to the amount of $50,000,000, or thereabouts. They will be 273-day bills; and will be sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o*clock p.m., Eastern Standard time, on Monday, September 14, 1936. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated September 16, 1936, and will mature on June 16, 1937, and on the maturity date the face amount will be payable without interest. They will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. be in multiples of $1,000. Each tender must The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. Immediately after the closing hour for receipt of tenders on September 14, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all ten ders or parts of tenders, and to allot less than the amount applied for, and his 11 action in any such respect shall be final. of the acceptance or rejection thereof. Those submitting tenders will be advised Payment at the price offered for Treasury tills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on September 16, 1936, The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No 11 loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTMENT Washington MEMORANDUM EOR THE PRESS September 14, 1936* RECEIPTS OE SILVER 3Y THE MINTS AND ASSAY OEEICBS: (Under Executive Proclamation of December 21, 1933) as amended Week ended September 11, 1936: Philadelphia*........ ................. San Francisco.......................... Denver.......... ........... ........... Total for week ended September 11, 1936.. Total receipts through September 11, 1936 840,745.26 fine ounces it .. 438,667.29 » it .. 10*202*37 w it .. 1,289,615.42 " n .. 100,759,665.92 " SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended September 11, 1936: Philadelphia*............................ New York......... ....................... San Francisco.............. ............. Denver..... .................. .......... New Orleans..................... . Seattle ................................. Total for week ended September 11, 1936.,. Total receipts through September 11, 1936. • 2,444,65 fine ounces . 59.58 » " . . 3,504.23 112,974,538.55 * " ® « RECEIPTS OF GOLD 3Y THE MINTS AND ASSAY OFFICES: New Week ended September 11, 1936: __Imports___ _ - Secondary Domestic Philadelphia..... .............. . • $ 13,661.24 $ 83,938.91 $ 765,55 New York"......................... 6,641,200.00 82,700.00 38,300.00 25,519.20 2,340,362,26 San Francisco..... ...... 480,473.99 12,282.79 13,313.63 Denver....... 568,425.28 8,542.59 New Orleans....................... 273.85 134,95 10,298.94 Seattle........................... ------405.151.21 Total for week ended September 11... $7,148,922.71 $223,282.43 $3,353,139.25 TREASURY DEPARTMENT FOR RELEASE, MORNING PAPERS, Friday, Sentember 18. 1936. STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273-day hills; and will he sold on a discount basis to the highest bidders. Tenders will he received at the Federal Reserve B anks, or the branches thereof, up to two o'clock p. m., Eastern Standard time, on Monday, September 21, 1936. Tenders will not he received at the Treasury Department, Washington, The Treasury hills will he dated September 23, 1936, and will mature on June 23, 1937, and on the maturity date the face amount will he payable without interest. They will he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, fnd $1,000,000 (maturity value). It is urged that tenders he made on the printed forms and forwarded in the special envelopes which will he supplied by the Federal Reserve B anks or branches upon application therefor. No tender for an amount less than $1,000 will he considered. Each tender must he in multiples of $1,000. The price offered must he expressed on the basis of 100, with not more than three decimal places, e. g., 99.125. Fractions must not bemused. Tenders will he accepted without cash deposit from incorpor ated hanks and trust companies and from responsible and recognized dealers in investment securities. Tenders from others must he accom panied by a deposit of 10 per cent of the face amount of Treasury hills - 2 ~ applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. Immediately after the closing hour for receipt of tenders on September 21, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof. Pay ment at the price offered for Treasury bills allotted must be made at the Federal Reserve B anks in cash or other immediately available funds on September 23, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Atten tion is invited to Treasury D ecision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recog nized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No, 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the con ditions of their issue. Copies of the circular may be obtained from any Federal R eserve B ank or branch thereof. TREASURY DEPARTMENT Washington MEMORANDUM FOE THE PRESS September 21, 1936, RECEIPTS OE SILVER BY THE MINTS AND ASSAY OFFICES; (Under Executive Proclamation of December 21, 1933) as amended Week ended September 18, 1936: Philadelphia...... ,........... ...... ............ 339,989.13 fine ounces San Francisco ................................... . 705,566.55 M » Denver ........................... ........... . 8.441,97 « M Total for weekended September 18, 1936........... . 1,053,997.65 Total receipts through September 18, 1936......... 101,813,663.57 SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended September 18, 1936: Philad e l p h i a........ ............... New York ............................ 446.95 fine ounces tr San Francisco........................ 179.85 » Denver ...... ........................ New Orleans ..................... Seattle .... ......................... Total for week ended September 18, 1936 ......... 626.80 fine ounces M Total receipts through September 18, 1936......... . 112,975,165.35 RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: New Domestic Week ended September 18, 1936: Secondary Imports Philadelphia......... ....... 8.706.39 $ 93,110.29 $302,800,00 New York .......................... 27,773,100.00 134,500.00 1,968,358.10 20,549.00 540,498.30 San Francisco..... ................ 783,604.12 17,846.69 Denver ............................ 49,879.28 113.47 31,286.73 New Orleans .................... . .* 282.79 674.355.15 7.065.62 Seattle Total for week ended September 18,...$28,372,466.76 $304,358.33 $3,729,230.84 TREASURY DEPARTMENT FOR RELEASE, MORNING PAPERS, Friday, September 25, 1936, I STATEMENT 3Y SECRETARY'MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts* They will be 273-day bills; and will be sold on a discount basis to the highest bidders* Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o*clock p.m., Eastern Standard time, on Monday, September 28, 1936. Tenders will not be received at the Treasury Department, Washington, The xreasury bills will oe dated September 30, 1936, and will mature on June 30, 1937, and on the maturity date the face amount will be payable without interest, ihey will be issued in bearer form only, and in amounts or denomina tions of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or || branches upon application therefor. No tender for an amount less than #1,000 will be considered* must be in multiples of $1,000* Each tender The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. ~2~ Immediately after the closing hour for receipt of tenders on September 28, 1936, all tenders received at the Federal Reserve Bonks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices will follow as scon as possible thereafter, probably on the following morning# The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parte of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. advised of the acceptance or rejection thereof# Those submitting tenders will be Payment at the price offered for Trea.sury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on September 30, 1936# The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes# (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax#) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of.any tax new or here after imposed by the United States or any of its possessions# Treasury Department Circular No# 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue#. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTMENT Washington MEMORANDUM FOR THE PRESS September 28*. 1936 RECEIPTS OF SILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) Week ending September 26, 1936: Philadelphia......... ................................. . 986,268*20 fine ounce h San Francisco.......... ,.............................. 826,399,22 ” ft 11,779.28 " Denver........................................ ,........ » Total for week ended September 26, 1936...... ....... . 1,824,446.70 n H ,f Total receipts through September 26, 1936........... .103,638,110.27 SILVER TRANSFERRED TO UNITED STATES: (Under Executive. Proclamation of August 9, 1934) Week ended September 26, 1936: P h i l a d e l p h i a .... ...................... . New York .............................. .......... .• San Francisco ........... .............. *.......... Denver................. .................... ....... New Orleans.................. ............ ....... .. Seattle................... ....... ................. Total for week ended September 26, 1936.,........ Total receipts through September 26, 1936,*..... . 148.00 fine ounce 86.00 11 « 234.00 112,975,399.35 » « « 11 RECEIPTS OF SOLD BY THE MINTS AND ASSAY OFFICES: Week ending September 26, 1936: Ph i l a d e l p h i a ........... New York...... .............. San Francisco ............ . Denver..................... New Orleans....... ....... . Seattle...... ............... Total for week ending Sept,26 New Secondary Domestic Imports $ 3,951.19 $ 79,683.62 $ 1,803,72 19,539,400,00 86,500.00 274,000.00 1,614,837.20 23,506.79 1,230,002.06 25,229.13 17,042.47 721,819.26 14,158.39 213,55 9,375.14 668.460.86 1936.. $21,183,417.52 $230,266.41 $2,896,299.45 ooOoo treasury d e p a r t m e n t FOR RELEASE, MORNING- PAPERS, Friday, October 2, 1936# STATEMENT 3Y SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury bills to the amount of $50*000,000, or thereabouts* They will be 273-day bills; and will be sold on a discount basis to the highest bidders# Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o*clock p*m., Ea.stern Standard time, on Monday, October 5, 1936# Tenders will not be received at the Treasury Department, Washington# 111 The Treasury bills will be dated October 7, 1936, and will mature on July 7, j 1937, and on the maturity date the face amount will be payable without interest# ] They will be issued in bearer form only, and in amounts or denominations of $1,000, I $10,000, $100,000, $500,000, and $1,000,000 (maturity value)# It is urged that tenders be made on the printed forms and forwarded in the i special envelopes which will be supplied by the Federal Reserve Banks or branches j upon application therefor# No tender for an amount less than $1,000 will be considered# JLbe in multiples of $1,000# Each tender must The price offered must be expressed on the basis of | 100, with not more than three decimal places, e,g., 99#125. Fractions must not be [ used# Tenders will be accepted without cash deposit from i n c o r p o r a t e d "banks an d trust companies and from responsible and recognized dealers in investment securi ties# Tenders from others must be accompanied by a deposit of 10 per cent of t h e I face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company* ji Immediately after the closing hour for receipt of tenders on October 5, 1936, l?ll tenders received at the Federal Reserve Banks or branches thereof up to the ' closing hour will be opened and public announcement of the acceptable prices will follow/ as soon a.s possible thereafter, probably on the following morning* The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action Ila any such respect shall be final. Those submitting tenders will be advised of Ipe acceptance or rejection thereof. Payment at the price offered for Treasury 0 (bills allotted must be ma.de at the Federal Reserve Banks in cash or other immediately available funds on October 7, 1936, The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, 'except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, baling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or other-* wise recognized, for the purposes of any tax now or hereafter imposed by the United ^Itrtes or any of its possessions. Treasury Department Circular No, 418, a,s amended, and this notice prescribe the (terms of the Treasury bills and govern the conditions of their issue. Copies of the Icircular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTMENT Washington MEMORANDUM FOR THE PRESS October 5, 1936. RECEIPTS OP SILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) as amended Week ended October 2, 1936: Philadelphia ............................ ......... San Francisco . ................................... . Denver ............................................ Total for week ended October 2, 1936................ Total receipts through October 2, 1936 ........... . 980,694.62 fine ounces 249,329.73 " » ______ 7.470.41 » » 1,237,494.76 " » 104,875,605.03 " » SILVER'.TRANSEERRED TO UNITED STATES: (Under Executive. Proclamation of August 9, 1934) Week ended October 2, 1936: Philadelphia................. ....... New York ........................... San Franci sco..... ................. Denver .............................. New Orleans ........................ Seattle... .......................... Total for week ended October 2, 1936.. Total receipts through October 2, 1936 639.45 fine ounces 639.45 fine ounces 112,976,038.80 M » RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: New Week ended October 2, 1936: Imports_______ Secondary Domestic P h i l a d e l p h i a .................. $ 13,714.79 $129,257.81 357,03 New York ...................... 57,221,200.00 112,700.00 151,200.00 San Francisco.................. 297,824.96 36,504.10 740,583.68 Denver......................... 37,715.25 16,736.59 694,711.56 New ôrleans.................... . ~ - - - - 22,731.23 57.51 Seattle ............... ........ - * ------ 9.927.68 618.611.28 Total for week ended October 2..$57,570,455.00 $327,857.41 $2,205,521.06 I TREASURY DEPARTMENT EOR RELEASE, MORNING- PAPERS, Wednesday. October 7, 1936, STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273-day hills; and will he sold on a discount basis to the highest bidders. L Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o ’clock p. m . , Eastern Standard time, on Friday, October 9, 1936. Tenders will not he received at the Treasury Department, Washington. The Treasury hills will he dated October 14, 1936, and will mature on July 14, 1937, and on the maturity date the face amount will he payable without ] interest. j They will he issued in hearer form only, and in amounts or denomina- tions of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders he made on the printed forms and forwarded 1 in the special envelopes which will he supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will he considered. tender must he in multiples of $1,000. Each The price offered must he expressed on the basis of 100, with not more than three decimal places, e. g . , 99.125. Fractions must not he used. Tenders will he accepted without cash deposit from incorporated hanks and trust companies and from responsible and recognized dealers in investment securities. Tenders from others must he accompanied by a deposit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are ac companied by an express guaranty of payment by an incorporated hank or trust company. - 2 - Immediately after the closing hour for receipt of tenders on October 9, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those, sub mitting tenders will be advised of tne acceptance or rejection thereof. Pay ment at the price offered for Treasury bills allotted must be made at the Federal Reserve B anks in cash or other immediately available funds on October 14, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury D ecision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No. 413, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve B ank or branch thereof. POR RELEASE, MORNING PAPERS , Friday, October 23, 1936, treasury d e p a r t m e n t STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273-day bills; and will he sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o’clock p.m., Eastern Standard time, on Monday, October 26, 1936. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated October 28, 1936, and will mature on July 28, 1937, and on the maturity date the face amount wili be payable without interest. They will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor* No tender for an amount less than $1,000 will be considered. must be in multiples of $1,000. Ea.ch tender The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not be used* Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must oe accompanied by a. deposit of 10 pet* cent of face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. ~2~ Immediately after the closing hour for receipt of tenders on October 26, 1936, all tenders received at the Federal Reserve Ranks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. , The Secretary of the Treasury expressly reserves the right to reject any or all ten ders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof* Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in ca.sh or other immediately available funds on October 28, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except esta.te and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) Ho loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognised, for the purposes of any tax now or hereafter imposed by the United Stales or any of its possessions. Treasury Department Circular Ho. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue* Copies of the circular may be obtained from ^py Federal Reserve Bank or branch thereo.f. ooOoo TREASURY DEPARTMENT Washington MEMORANDUM FOR THE PRESS October 26, 1936. RECEIPTS OP SILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) as amended Week ended October 23, 1936: 348.234.12 fine ounces Philadelphia..................................... 750,191.08 n ft San Erancisco.................................... 8,797.20 " " D enver .................... .......... . • ........ . 1,107,222.40 M , f Total for week ended October 23, 1936........... . 107,732,630.02 * , f Total receipts through October 23, 1936*......... SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 193*) Week ended'-October 23, 1936t Philadelphia....................... New York..............................■ Sbn Francisco .... ................. Denver............................... . New Orleans......... ................ Seattle. ........................... . • • Total for week ended October 23, 1936.. Total receipts through October 23, 1936 RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: --------- --- — — ----- 4.153,00 fino cune it it - 542.00 it h 263.00 4,958*00 112,986,118.27 it it 1! it New Week ended October 23, 1936: Imports---Secondary. .---Philadelphia ....................... $ 8,765.58 $102,433.48 $ 1,328.84 Wew York 7,496,400.00 153,300,00 94,500.00 “ ew i,0rK :............. 1 493 879.64 23.334.04 1,535,446.99 Ticsrvtr-o-r ......... 26,599*03 31,768.11 658,289.24 S n 1 Irl......... 2,821.76 20,041.25 436.36 New Orleans......... * ’*^ ^ .... . i ______________ 14.377.63 1.114.789.67 Total for week ended October 23, 1936..$9,028,466.01 $350,254.51 $3,404,791.10 FOR RELEASE, MORNING- PAPERS, TREASURY DEPARTMENT Wednesday. October 28. 1936. STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273-day hills; and will he sold on a discount basis to the highest bidders. Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o ’clock p. m . , Eastern Standard time, on Friday, October 30, 1936. Tenders will not he received at the Treasury Department, Washington. The Treasury hills will he dated November 4, 1936, and will mature on August 4, 1937, and on the maturity date the face amount will he payable without interest. They will he issued in hearer form only, and in amounts or denomina— tions of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders he made on the printed forms and forwarded in the special envelopes which will he supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will he considered. tender must he in multiples of $1,000. Each The price offered must he expressed on the basis of 100, with not more than three decimal places, e. g., 99.125. Fractions must not he used. Tenders will he accepted without cash deposit from incorporated hanks and trust companies and from responsible and recognized dealers in investment securities. Tenders from others must be accompanied by a deposit of 10 per cent' of the face amount of Treasury hills applied for, unless the tenders are ac companied by an express guaranty of payment by an incorporated hank or trust company. Immediately after the closing hour for receipt of tenders on October 30, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount af> plied for, and his action in any such respect shall be final. tenders will be advised of the acceptance or rejection thereof. Those submitting Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve BftHks in cash or other immediately available funds on November 4^ 1936, The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes.. (Attention is invited to Treasury D ecision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposeswof any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Réserve Bank or branch thereof. TREASURY DEPARTMENT Washington MEMORANDUM FOR THE PRESS; November 2, 1936. RECEIPTS OF SILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) as amended Week ended October 30, 1936; Philadelphia........ ................ San Francisco........ ............... Denver........ ............... ....... Total for week ended October 30, 1936.. Total receipts through October 30, 1936 521,340.59 fine ounces # M 644,632.70 M »I 5.137.41 tt !» 1,171,110.70 !» !» 108,903,740.72 SILVER TRANSFERRED TO UNITED STATES; (Under Executive Proclamation of August 9, 1934) Week ended October 30, 1936; Philadelphia ...»........ ............ .......... New York ............................ ............ San Francisco...... ........................... .. D e n v e r ..... .................................... New Orleans...*..................... ............ Seattle.................... . ..................... Total for week ended October 30, 1936............. Total receipts through October 30, 1936.......... 94.00 fine ounces 1,797.00 '* » 171.00 • » 2,062.00 112,988,180.27 » * " » RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES; New Week ended October 30, 1936; Imports_____ Secondary Domestic Philadelphia.................. --- -.$ 7,378.11$ 86,824.01 $ ------- -- ~ New York ....... .............. ..... 18,454,600.00 117,700.00 40,500.00 San Francisco ................ ..... 91,439.72 16,325.32 1,104,454.83 Denver................ ..... ... ..... 36,836.71 16,539.27 660,487.09 Hew Orleans............ ....... ---- 6,732.20 18,379.10 Seattle........................ ----- -------------7.379.64 771.208.70 Total for week ended October 30, 1936..$18,596,986.74$263,147.34 $2,576,650.62 ooOoo TREASURY DEPARTMENT FOR RELEASE, MORNING- PAPERS, Wednesday, November 4, 1936. STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for Treasury bills to the amount of $50,000,000, or thereabouts. They will be 274— day bills; and will be sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o*clock p.m., Eastern Standard time, on Friday, November 6, 1936. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will be dated November 10, 1936, and will mature on August 11, 1937, and on the maturity date the face amount will be payable with out interest. They will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value)• It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. must be in multiples of $1,000. Each tender The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. Immediately after the closing hour for receipt of tenders on November 6, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submit ting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal. Reserve B anks in cash or other immediately available funds on November 10, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of txieir issues. Copies of the circular may be obtained from any Federal Reserve B ank or branch thereof. ooOoo FOR RELEASE> MORITIHG PAPERS, Friday, November 13, 1936. TREASURY DEPARTMENT STATEMENT BY ACTING SECRETARY OE THE TREASURY TAYLOR The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will he 273-day hills; and will he sold on a discount basis to the highest bidders. Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o'clock p. m . , Eastern Standard time, on Monday, November 16, 1936. Tenders will not he received at the Treasury Department, Washington. The Treasury hills will he dated November 18, 1936, and will mature on August 18, 1937, and on the maturity date the face amount will he payable without interest. They will he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders he made on the printed forms and for warded in the special envelopes which will he supplied by tne Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will he considered. Each tender must he in multiples of $1,000. The price offered must he expressed on the basis of 100, witn not more than tnree decimal places, e. g . , 99.125. Fractions must not he used. Tenders will he accepted without cash deposit from incorporated hanks and trust companies and from responsible and recognized dealers in investment securities. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. ~ 2 - Immediately after the closing hour for receipt of tenders on November 16, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices will follow as soon as possible thereafter, probably on the following morning* The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final* Those submitting tenders will be advised of the acceptance or rejection thereof* Pay ment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on November 18, 1936* Ther Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes* (Atten tion is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax*) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions* Treasury Department Circular No* 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the con ditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof TREASURY DEPARTMENT Washington MEMORANDUM FOR THE PRESS November 16» 1936* RECEIPTS OF SILVER BY THE MINTS AND ASSAY OFFICESt (under Executive Proclamation of December 21, 1933) as amended II Week ended November 13, 1936: Philadelphia. .......... ...... ........ . ........... San Francisco........ ............... ........... Denver......................... ............. ..... Total for week ended November 13, 1936..... . Total receipts through November 13, 1936......... 1,065,459.64 fine 510,558.13 " ______ 8.303.09 ,f 1,584,320.86 n 112,492,802.04 ,r ounces * ,r n SILVER TRANSFERRED TO UNITED STATES? (Under Executive Proclamation of August 9, 1934) Week ended November 13, 1936: Philadelphia ............. .............. New York............... ................. San Francisco........................... Denver......... ....... ................. New Orleans .... ....... ................ 755.00 fine ounces Seattle....... ............ .... ,.... Total for week ended November 13, 1936 ... Total receipts through November 13, 1936.. 755.00 fine ounces 112,989,158.27 " 11 RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: Secondary Week ended November 13, 1936: Imports Philadelphia...,......... . $ 22,884.61 $102,981.29 New York............... ....... . 27,238,900.00 134,600.00 29,977.57 San Francisco.................. 1,184,245.46 20,369.41 D e n v e r ........ 48,436.90 17,565.06 New O r l e a n s ........ 278.62 1.374.13 Seattle .. ... . - -> - - r rr_~ $306,867.46 Total for week ended November 13.. $28,494,745.59 ooOoo New Domestic _ $ 531,09 230,600,00 1,616,078.69 797,018.87 273,22 854.390.76 $3,498,892.63 FOR RELEASE, MORNING PAPERS Friday, November 20, 1936, TREASURY DEPARTMENT STATEMENT BY SECRETARY MORGENTHAU' The Secretary of the Treasury gives notice that tenders are invited for Treasury hills to the amount of $50,000,000, or thereabouts. They will be 273-day bills; and will be sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o*clock p.m.y Eastern Standard time, on Monday, November 23, 1936. Tenders will not be received at the Treasury Department,. Washington. The Treasury bills will be dated November 25, 1936, and will mature on . August 25, 1937, and on the maturity date the face amount will be payable with out interest. They will be issued in bearer form only, and in amounts or de nominations of .$1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity vaL ue) • It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. tender must be in multiples of $1,000. Each The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 9$.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated, bank or trust company. Immediately after the closing hour for receipt of tenders on November 23, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable - 2 - prices will follow as soon as possible thereafter, probably .on the following morning* The Secretary of the Treasury expressly reserves the right to re ject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in ca.sh or other immediately available funds on November 25, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt fr^m the gift tax.) No loss from the sale or other disposition of the Treasury bills ■v ‘ | • H I * shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax titw or hereafter imposed by the United States or any of its possessions Treasury Department Circular No. 418, as amended,; and this notice pre scribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. --oOo- TREASURY DEPARTMENT Washington MEMORANDUM FOR THE PRESS November 23, 1936. RECEIPTS OF SILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) as amended Week ended November 20, 1936: Philadelphia ,........................ San Francisco ................... . D e n v e r ...... ................ ....... f Total for week ended November 20, 1936.. Total receipts through November 20, 1936 813,809.37 fine ounces 368,466.42 " ,f ______ 4,684.42 " " 1,186,960.21 * " 113,679,762,25 " " SILVER .TRAITSEERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended November 20, 1936: Philadelphia ........................... . New York .............. ............. ■........... San Francisco .......................... . 81.00 Denver ................. *........................ New O r l e a n s ..... ............ ................... Seattle ....... .......... ...................... Total for week ended November 20, 1936 .......... 81,00 Total receipts through November 20, 1936 ........ 112,989,239.27 RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: Week ended November 20, 1936: Imports Philadelphia .................... ~ ~ ..................... $15,885,100.00 New York San Francisco .................. 1,493,452,88 Denver ................. 17,877.63 New Orleans .................... 253,22 Seattle ........ ...... ........ ..... Total for week ended November 20,..$17,396,683.73 •~o0o~~ Secondary $ 84,934.71 188,500.00 23,611.92 10,852.33 19,116.44 15,198.36 $342,213.76 New Domestic $ 475,16 301,600.00 1,650,331.52 625,854.65 125.82 571,521,38 $3,149,908.53 TREASURY DEPARTMENT FOR RELEASE, MORNING PAPERS, Friday, November S7, 1936. STATEMENT BY SECRETARY MORGFIITHAU The Secretary of the Treasury gives notice that tenders are invited for two series of Treasury hills to the aggregate amount of $100,000,000, or there abouts, bills. One series will be 104-day bills and the other series will be 273-day Both series will be sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o ’clock p.m., Eastern Standard time, on Monday, November 30, 1936. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will, as stated, be issued in two series, $50,000,000, or thereabouts, maturing on March 16, 1937, and $50,000,000, or thereabouts, maturing on September 1, 1937; both series to be dated December 2, 1936. Bidders will be required to specify the particular series for which each tender is made. The fact amount of the bills of each series will be payable without interest on their respective maturity dates. The bills will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturi ty value), It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than. $1,000 will be considered. must be in multiples of $1,000. Bach tender The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99,125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties Tenders from others must be accompanied by a deposit of 10 per cent 2 of the face amount of Treasury hills applied for, unless the tenders are accom panied hy an express guaranty of payment hy an incorporated hank or trust company. Immediately after the closing hour for receipt of tenders on November 30, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will he opened and public announcement of the acceptable prices for each series will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less* than the amount applied for, and his action in any such respect shall be final. Any tender which does not specifically refer to a particular series will be subject to rejection. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made a,t the Federal Reserve Banks in cash or other immediately available funds on December 2, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. — oOo— TREASURY DEPARTMENT Washington November 30, 1936. MEMORANDUM FOR THE PRESS RECEIPTS OF SILVER BY THE MINTS AND ASSAY OFFICES; (Under Executive Proclamation of December 21,1933) as amended Week ended November 27, 1936; Philadelphia...... .......... ......... ........... 326,613.61 fine ounces San Franci'sco.......... .......................192,650.50 Denver.......... ........... ........... .......... » __________ 9 1765.24 11 Total for week ended November 27, 1936......... • 529,029.75 Total receipts through November 27, 1936......... . 114,208,792.00 SILVER TRANSFERRED TO UNITED STATES; (Under Executive Proclamation of August 9, 1934) Week ended November 27, 1936; P h i l a d e l p h i a ........ ................ New York............................... San Francisco......................... Denver................................. New Orleans .......................... Seattle....................... ......... Total for week ended November 27, 1936.. Total receipts through November 27, 1936 192.00 fine ounc e s 42.00 it ir 234.00 112,989,473.27 tt tt ft n RECEIPTS OF COLD BY THE MINTS AND ASSAY OFFICES; New Domestic Secondary Week ended November 27, 1936; Imports_____ . 532.49 P h i l a d e l p h i a .......................... $ 12,602.00 $ 77,036.30 $ 104,700.00 88,600.00 New York.......................... ,.... 12,750,000.00 19,307.57 2,098,933.50 San Francisco .... .................. 293,831.66 624,470.55 8,990.61 Denver................................. 27,402.64 513.96 20,599.38 New Orleans......................... IS* 263.18 91.831.62 8,858.53 Total for week ended November 27, 1936;•.$13,084,099.48 $223,392.39 $2,920,982.16 ooOoo TREASURY DEPARTOiENT FOR RELEASE, MORNING RARERS Friday, December 4, 1936. ’ STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are in vited for two series of Treasury hills to the aggregate amount of $100,000,000, or thereabouts. One series will he 97 -day hills and the other series will he 273 -day hills. Both series will he sold on a discount basis to the highest bidders. Tenders will he received at the Federal Reserve Banks, or the branches thereof, up to two o ’clock p. m., Eastern Standard time, on Monday, December 7, 1936. Tenders will not he received at the Treasury Department, Washington. The Treasury hills will, as stated, he issued in two series, $50,000,000, or thereabouts, maturing on March 16, 1937, and $50,000,000, or thereabouts, maturing on September 8, 1937; both series to he dated December 9, 1936. Bidders will he required to specify the particular series for which each tender is made. The face amount of the hills of each series will he payable without interest on their respective maturity dates. The hills will he issued in hearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (matur i ty value). It is urged that tenders he made on the printed forms and for warded in the special envelopes which will he supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will he considered. Each tender must"bein multiples of $l,000f The price offered must he expressed on the basis of 100, with not more than three decimal places e. g * , 99,125, Fractions must not he used. ~ 2 - Tenders will "be accepted without cash deposit from incor porated banks and trust companies and from responsible and recognized dealers in investment securities. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. Immediately after the closing hour for receipt of tenders on December 7, 1936, all tenders received at the Federal Reserve Ranks or branches thereof up to the closing hour will be opened and public announce ment of the acceptable prices for each series will follow as soon as possible thereafter, probably on the following morning. The Secretarv of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for,, and his action in any such respect shall be final. Any tender which does not specifically refer to a particular series will be subject to rejection. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on December 9, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is in vited. to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. - 3 - Treasury Department Circular No* 418, as ©mended, and this notice prescribe the terms of the Treasury hills and govern the con ditions of their issue. Copies of the circular mav he obtained from any Federal Reserve Bank or branch thereof. - 00O00- ’TlJBTSUKY' DEPARTMENT FOR RELEASE, MORNING- PARERSt Friday, December 11, 1936.. STATEMENT BY SECRETARY MORGSNTHAU Til© Secretary of the Treasury gives notice that tenders are invited for two series of Treasury hills to the aggregate amount of $100,000,000, or there abouts. One series will be 91-day bills and the other series will be 273-day bills. Both series will be sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o ’clock p.m., Eastern Standard time, on Monday, December 14, 1936. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will, as stated, be issued in two series, $5 0 ,0 0 0 ,0 0 0 , or thereabouts, maturing on March 17, 1937, and $50,000,000, or thereabouts, matur ing on September 15, 1937; both series to be dated December 16, 1936. Bidders will be required to specify the particular series for which each tender is made. The face amount of the bills of each series will be payable without interest on their respective maturity dates. The bills will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (matur i ty v alue). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. must be in multiples of $1,000. Each tender The price offered must be expressed on the basis of 100, with not more than three decimal places, e.g., 99.125. Fractioms must not be used. ■ Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securi ties. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, unless the tenders are accompanied by an express guaranty of payment by an incorporated bank or trust company. - 2 « Immediately after the closing hour for receipt of tenders on December 14, 1936, all tenders received a t the Federal Reserve Banks or branches thereof up to the closing hour Trill be opened and public announcement of the acceptable prices for each series Will follow as soon as possible thereafter, probably on the follow ing morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Any tender which does not specifically refer to a-particular-series will be subject to rejection. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasuiy bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on December 16, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550 ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular No. 418, as amended, and this notice pres cribe the terms of the Treasury bills and govern the conditions of thefr issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. ooOoo TREASURY DEPARTMENT Washington The summary in the statement setting forth the principal financing operations of the Treasury Department in the period December 1, 1933, to December 15, '1936, which was released for publication in morning newspapers of Monday, December 14, 1936, should be amended to read as follows: SUMMARY Gross debt on November 30, 1933 . . . ........ $1,100.3 Treasury bills issued (net) ........ • . • • • 462.8 Adjusted Service bonds issued (net) • • . . . . . 448.9 U. S. Savings bonds.issued (net). . •* . $24,199 New financing, as above Less: 1. Refinancing of debt out standing Nov. 3C, 1933. .$12,018.1 2. Refinancing of issues subsequent to Nov. 30, 1933 ............. 4,070.3 16,088.4 Net increase in special certificates of indebtedness, special notes, matured debt and debt bearing no interest . . . . . . . $23,534.1 8,110.6 575,5 Net increase in <|ebt . . . . . . . . . . . Gross debt on December 9, 1936, adjusted to reflect Decem ber 15, 1936 financing (including $400.4M Treasury bills maturing on that date) 10,6 98, a. *34,232.2 This change is necessary in order to reflect the payment of $400,000,000 in Treasury bills maturing December 15, 1936. TREASURY DEPARTMENT Washington The attached statement, summarizing the principal financing operations of the Treasury Depariment in the period December 1, 1933, to December 1§, 1936, is released for publication in morning newspapers of Monday, December 14, 1936. -ooOoo- PRINCIPAL TREASURY FINANCING OPERATIONS, DECEMBER I , 1933, TO DECEMBER 15, 1936 (Excludes Treasury Bills and United States Savings Bonds) CERTIFICATES Of INDEBTEDNESS RATE DATE OF ISSUE TERM ¡ic ember 1, 1933 [Fending exchanges TREASURY ¡NOTES AMOUItT TERM RATE ** jlnuary 29, 1934- 2-1/4% 1 yr. 1-1/2% 7± mo. Ibruary 19 1 1934 ' $992.5 . - 524.7 a - 1 /2 % - - 2rl/2%* 3% - - 3% - - | 1 - - - - - 847.0 4 y r. 455.2 - - - 455.2 - 2-1/8% 5 yr. • • 1-1/2%. 2-1/2% iecember 15. 1934 1 ( 2 * 1 /8% notes additional [ to June 15, 1934 issu e ) • • «arch 15, 1935 - - ' Bane 15, 1935 ( 1-5/8% notes and bonds additlonal to March 15, 1935 issue) • illy 1, 1935 i (Bonds additional to JUne 15, 1954 Issue) • ¡July 15, 1935 - ** k • • - - • p lSd iftio n af to March 15, 1935 Issue) lugust 5 , 1935 ! (Additional to March 15, | 1935 issue) ** • hugust 19, 1935 (Additional to March 15, 1935 issue) • • II September 16, 1935 - - • 3-1/4% 12 yr. 1,062.0 1,062.0 528.5 3% 14 yr. 824.5 1,353.0 2 yr. 4 yr. 514.1 596.4 5-1/4% 12 yr. 45e.9 t\ m 18 mo. 5 yr 686.6 765.2 3-1/8% 18 yr. 491.4 1,943.2 1-5/8% 5 yr. 513.9 - - * ¡December 15, 1935 (Additional to September [' 16, 1935 issue) (bonds) I 1,567.4 2-7/8% 25 yr. 1,556.0 2,071.9 3% 14 yr 98.7 98.7 2*7/8% 25 yr. 746.4 2,3 4 9 .3 ** 3%; 14 yr. 112.7 112.7 526.2 • * 2-7/8% 25 y r. 102.0 102.0 • 2-7/8% 25 yr. 106.5 106.5 2-7/8% 25 y r. 98.2 98.2 * 5 yr. 5 yr 1-5/8% 1-1/2% 864.5 738.4 • 1-3/8% • 44 yr. ** • «* - 1,052.8 - - •toe 3, 1935 I (Additional to June 15, [ 1934 issue) 992.5 418.3 428.7 like - $54.6 $528.1 13± mo. - to April - $54.6 22 mo. 3 y r. k r il 16, 1934 leptember 15, 1934 - TOTAL AMOUNT AMOUNT - - - ■ (Bonds additional 1 16, 1934 issue) TERM i larch 15, 1934 15, 1934 RATE «» - jfecember 15, 1933 TREASURY BONDS AMOUNT - 526.2 It 1/2% 3* y r. 941.8 2*3/4% 12 yr. 568.7 1,510.3 1*1/2% 5 y r. 737.2 2-^4% 12 yr. 645.7 1,382.« lljHarch 16, 1936 - - - 1-1/2% 5 y r. 676.7 2*3/4% 15 yr. 1,223.5 1,900.2 1toe 15, 1930 - - - 1-3/8% 5 y r. 503.9 2-3/4% 18 yr. 1,626.7 2,130.6 IISeptember 15, 1936 - - - - - 2-3/4% 23 yr. 981.8 981.8 ¡¡December 15, 1036 - - - 6 y r. 205.0 2-1/2% 17 yr. 1,295.0 1,500.0 12,053.3 24,199.0 TOTAL: 1-1/4% 1,517.2 10.628.5 m h r Gross debt on November 30, 1933- — - - ------------- Treasury b ills issued (n e t)- - - - - - - - - - - - Adjusted Service bonds issued (n e t)- - - - - - - - U. S. Savings bonds Issued (net) - - - - - - - - - New financing, as above - - - - - - - - - - - - - $24,199.0 Less: 1 . Refinancing of debt outstanding November 30, 1933 ------- --- — $12,018.1 2. Refinancing of Issues subse quent to November 30, 1033- - . 4,070,3 16,088,4 Net Increase in special c e r tific a te s of Indebtedness; special notes, matured debt and debt bearing no in te re s t - - - - Net Increase In debt - - - - - - - - - - - - — '4$ 23,534.1 $1,500.7 462.8 448.9 8 , 110,6 575.5 - - - - - Gross debt on December 9, 1936, adjusted to r e fle c t December 15, 1936 financing— 11,098.5 « w £54,632.6 TREASURY DEPARTMENT Washington rOLlORAMDUM FOR THE PRESS:' Decent er 14, 1936. RECEIPTS OF SILVER BY THE MINTS ARP ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) as anended Week ended December 11, 1936:Philadelphia......... ........ ..... ............... San F r a n c i s c o . ...... ...... ............ . ....... Denver.. ......................... ...... . Total for week ended December 11, 1936.. ..-......... Total receipts through December 11, 1936.. ... f-.. ?.. 632,43S.48 fine ounces If 1! 949,945.79 n t r 10*807.80 tr n 1,593,192.07 ti if 117,433,803.54 SILVER TRANSFERRED TO UNITED STATES I (Under Executive Proclamation of August 9, 1934) Teek ended December 11, 1936: Philadelphia............. ...... ............. ..... 45.00 fine ounces New York.................................. San Francisco.................................. -"* Denver................................................. -” New Orleans.................... .............. ... 11 ,f Seattle........................................ -"" Total for week ended December 11, 1936.............. 45..’ 00 11 ” Total receipts through December 11, 1936.......... 112,991,275.27 n M RECEIPTS OF GOLD BY THE HINTS AND ASSAY OFFICES: <£> O New Imports_____ Secondary______ Domestic 362. 50 12 ,357. 14 $104, 938 .80 $ 91,500. 00 161, 900 .00 702 ,400 00 27, 949 .26 2, 155,020 .05 224 ,103 82 654,714 ,64 12, 597 ,27 33 ,969 ,28 — 32, 104 83 «- ~ 239 57 r* , . — 204,608 .32 6. 016 .20 r36 $3, 142,205 .51 4 2 2 .973 ,069 81 $345, LO Teek ended December 11, 1936: Philadelphia.... . New York................... San Francisco...... . ..... Denver.. «....... . ..... New Orleans....,.•........... Seat tie... . . . , .... .. Total for week ended December ooOoo -uif TREASURY DEPARTMENT FOR RELEASE, MORNING- PAPERS, Friday, December 18, 1936- STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for two series of Treasury "bills to the aggregate amount of $100,000,000, or thereabouts. One series will "be 84-day "bills and the other series will "be 273-day hills. Both series will he sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o ’clock p. m., Eastern Standard time, on Monday, December 21, 1936. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will, as stated, be issued in two series>$50,000,000, or thereabouts, maturing on March 17, 1937, and $50,000,000, or thereabouts, maturing on September 22, 1937; both series to be dated December 23, 1936. Bidders Will be required to specify the particular series for which each tender is made. The face amount of the bills of each series will be pay able without interest on their respective maturity dates. The bills will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value).. It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will be considered. tender must be in multiples of $1,000. Each The price offered must be ex pressed on the basis of 100, with not more than three decimal places, e. g., 99.125. Fractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment securities. Tenders from others must be accompanied by a deposit of 10 per cent of the face amount of Treasury bills applied for, 2 unless the tenders are accompanied hy an express guaranty of payment hy an incorporated hank or trust company. Immediately after the closing hour for receipt of tenders on December 2 1 , ‘1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announce ment of the acceptable prices for each series will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action in any such respect shall be final. Any tender which does not specifically refer to _a particular series will be subject to rejection. Those submitting tenders will be advised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills .allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on December 23, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) No loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized for the purposes of any tax now o# hereafter imposed by the United States or any of its possessions. Treasury Department Circular No» 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue. Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof. TREASURY DEPARTMENT Washington December 21, 1936 MEMORANDUM FOR THE PRESS RECEIPTS OP SILVER BY THE MINTS AND ASSAY OFFICES?. (Under Executive Proclamation of December 21, 1933) as amended Week ended December 18, 1936: Philadelphia...... ...... * • .................. San Francisco......... .............. .......... * Denver......... *............................... • Total for week ended December 18, 1936 ........... Total receipts through December 18, 1936 ........ 1,074,610.95 fine ounces 529,505.10 M ,f 8.005.87 » " 1,612,121.92 119,045,925.46 SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended December 18, 1936: Philadelphia .................................... New York .................... .................. * San Francisco ................................. Denver........ • • •............. ••.............. . New ©rleans.................. ...... ........... Seattle .......... *............................ Total for week ended December 18, 1936 .......... Total receipts through December 18, 1936....... 242.00 fine ounces 562.00 11 1 571.00 w * ------ 1,37 b.DO" 112,992,650.27 RECEIPTS OF CrOTiD BY THE MINTS AMD ASSAY OFFICES:. Week ended December 18, 1936: m 3p S ar. Y rk Imports .......... Secondary N ew Domestic 1,397.66 397,600,00 1 »7»6,662,55 516.193.48 473.72 227.947.49 $ 94.528.00 ................... 5,625,600.00 N ew j.o 33,391,04 245,697,02 San Francisco 7,770,86 42,737.20 Denver ...... 17.823.01 260.87 New ©rleans . 11.651.77 Seattle• Total for" week* endef December '18, 1936. .*5^26,392.48 $253,835.45 $2,910,274.90 ooOoo FOR RELEASE, MORNING PAPERS, Thursday, December 24, 1936. TREASURY DEPARTMENT STATEMENT BY SECRETARY MORGENTHAU The Secretary of the Treasury gives notice that tenders are in vited for two series of Treasury hills to the aggregate amount of $100,000,000, or thereabouts. One series will he 78-day hills and the other series will he 273-da.y hills. Both series will he sold on a dis count basis to the highest bidders. Tenders will he received a„t the Federal Reserve Banks, or the branches thereof, up to two o ’clock p. m . , Eastern Standard time, on Monday, December 28, 1936. Tenders will not he received ¡It the Treasury Department, Washington. The Treasury hills will, as stated, he issued in two series $50,000,000, or thereabouts, maturing on March 18, 1937, a.nd $50,000,000, or there abouts, maturing on September 29, 1937; both series to he dated December 30, 1936. Bidders will he required to specify the particular series for which each tender is made. The face amount of the hills of each series will he payable without interest on their respective maturity dates. The hills will he issued in hearer form only, and in amounts or denominations $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders he made on' the printed forms and for warded in the specie,l envelopes which will he supplied by the FedereJ Reserve Banks or branches upon application therefor. No tender for an amount less than $1,000 will he considered. Each tender must he in multiples of $1,000. The price offered must he expressed on the basis of 100, with not more than three decimal places, e. g., 99.125. Fractions must not he used. Tenders will he accepted without cash deposit from incor porated hanks f and trust companies cand from responsible and recognized 2 dealers in investment securities. Tenders from others must he ac companied "by a. deposit of 10 per cent of the face amount of Treasury hills applied for, unless the tenders are accompanied hy an express guaranty of payment hy an incorporated hank or trust company. Immediately after the closing hour for receipt of tenders on December 28, 1936, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will he opened and public an nouncement of the acceptable prices for each series will follow as soon as possible thereafter, probably on the following morning. The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his acrion in any such respect shall be final. Any tender which does not_ specifically refer to a. pa.rticule,r series will be subject to re^ectipn. Those submitting tenders will be e/lvised of the acceptance or rejection thereof. Payment at the price offered for Treasury bills allotted must be made at the Federal Reserve Bajiks in cash or other immediately available funds on December 30, 1936. The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. (Attention is invited to Treasury Decision 4550, ruling that Treasury bills are not exempt from the gift tax.) Bo loss from the sale or other disposition of the Treasury bills shall be allowed-as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or any of its possessions. Treasury Department Circular Ho. 418, as amended, and this notice pre- . scribe the terms of the Treasury bills and govern the conditions of their issue. Copies of.the circular may be obtained from any federal Heserve Bank or branch thereof. .¿LA.£ TREASURY DEPARTMENT WASHINGTON MEMORANDUM POR THE PRESS; D ecember 28, 1936 RECEIPTS OP SILVER BY THE MINTS AND ASSAY OFFICES;, (Under Executive Proclamation of December 21, 1933) as amended Week ended December 24, 1936: Philadelphia................. .................. San Francisco................................... Denver.......................................... Total for week ended December 24, 1936.......... Total receipts through December 24, 1936........ 189,427.14 fine ounces ti ir 669,381.95 ? ! I 10,869.77 II t! 689,678.86 I ? I? 119,915,604.32 SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended December 24, 1936: Philadelphia.................................... New York........................................ San Francisco................................... Denver..... ................... ................ New Orleans..................................... Seattle....... ................ ».......... * **** Total for week ended December 24, 1936.......... Total receipts through December 24, 1936....... . fine ounces it ti it it tl it ti it it t! 153.00 “ 1» I! 112,992,803.27 U t! 153.00 RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: Imports Week ended December 24, 1936: ___ $ 19,590.31 Philadelphia................... .... 16,064,800.00 New York................ ....... 40,903.79 San Francisco.................. .... ___ 9,945.07 Denver.................... ___ 250.00 New Orleans. ....0............... Seattle ...... ................ Total for week.:ended December 24, 1936 $16,135,489,17 ooOoo Secondary $ 74,132.79 106,200.00 11,391.21 12,080.70 18,000.00 6.072.09 $227,876.79 New Domestic $ ---- 100 , 000.00 1,348,121.86 470,280.62 ____414.819.45 $2,333,221# 93 FOR RELEASE, MORNING PAPERS, Thursday, December 31, 1936* TREASURY DEPARTMENT STATEMENT BY SECRETARY IIORGENTHAU The Secretary of the Treasury gives notice that tenders are invited for two series of Treasury bills to the aggregate amount of $100,000,000, or there abouts. bills. One series Will be 71-day bills and the other series will be 273-day Both series will be sold on a discount basis to the highest bidders. Tenders will be received at the Federal Reserve Banks, or the branches thereof, up to two o ’clock p.m., Eastern Standard time, on Monday, January 4, 1937. Tenders will not be received at the Treasury Department, Washington. The Treasury bills will, as stated, be issued in two series, $50,000,000, or thereabouts, maturing on March 18, 1937, and $50,000,000, or thereabouts, maturing on October 6, 1937; both series to be dated January 6, 1937. Bidders will be required to specify the particular series for which each tender is made. The face amount of the bills of each their respective maturity dates. series will be payable without interest on The bills will be issued in bearer form only, and in amounts or denominations of $1,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value). It is urged that tenders be made on the printed forms and forwarded in the special envelopes which will be supplied by the Federal Reserve Banks or branches 'upon application therefov. No tender for an amount less than $1,000 will be considered. must be in multiples of $1,000. Each tender The price offered must be expressed on the basis of 100, with not more than, three decimal places, e.g*, 99,125. tractions must not be used. Tenders will be accepted without cash deposit from incorporated banks and trust companies and from responsible and recognized dealers in investment se curities, Tenders from others must be accompanied by a deposit of 10 per «ent ~ 2 - of the face amount of Treasury hills applied for, unless the tenders are accom panied by an express guaranty of payment by an incorporated bank or trust company.* Immediately after the closing hour for receipt of tenders on January 4, 1937, all tenders received at the Federal Reserve Banks or branches thereof up to the closing hour will be opened and public announcement of the acceptable prices for each series will follow as soon as possible thereafter, probably on the following morning* The Secretary of the Treasury expressly reserves the right to reject any or all tenders or parts of tenders, and to allot less than the amount applied for, and his action In any such respect shall be final. An£ tender which does not specifically refer to a particular series will be subject rejection* thereof. Those submitting tenders will be advised of the acceptance or rejection Paymont at the price offered for Treasury bills allotted must be made at the Federal Reserve Banks in cash or other immediately available funds on January 6, 1937, The Treasury bills will be exempt, as to principal and interest, and any gain from the sale or other disposition thereof will also be exempt, from all taxation, except estate and inheritance taxes. II© loss from the sale or other disposition of the Treasury bills shall be allowed as a deduction, or otherwise recognized, for the purposes of any tax now or hereafter imposed by the United States or a^y of its possessions* Treasury Department Circular Do. 418, as amended, and this notice prescribe the terms of the Treasury bills and govern the conditions of their issue* Copies of the circular may be obtained from any Federal Reserve Bank or branch thereof* ■oOo-