1942_02426

FEDERAL RESERVE BANKOF NEW YORK

Fiscal Agent of the United States

rCircular No. 3 4 2 6 1L May 4. 1942 J

Cash Offerings of2 Percent Treasury Bonds of 1949-51

Dated and bearing interest from May 15, 1942 Due September 15, 1951and

2V2 Percent Treasury Bonds of 1962-67Dated and bearing interest from May 5, 1942 Due June 15, 1967

To all Banking Institutions, and Others Concerned,in the Second Federal Reserve District:

The following press statement was today made public:

Secretary of the Treasury Morgenthau today announced an offering of two series ofTreasury bonds, through the Federal Reserve Banks, and invited cash subscriptions, at parand aecrued interest, for $1,250,000,000, or thereabouts, of 2 percent Treasury Bonds of1949-51, and for an unspecified amount of 2 ^ percent Treasury Bonds of 1962-67.

The Treasury Bonds of 1949-51, now offered for subscription, will be dated May 15,1942,and will bear interest from that date at the rate of 2 percent per annum payable semiannuallywith the first coupon due September 15, 1942, for a fractional period. The bonds will matureSeptember 15, 1951, bvu may be redeemed, at the option of the United States, on and afterSeptember 15, 1949. The bonds will be issued in two forms: bearer bonds with interestcoupons attached,

Pursuant to the provisions of the Public Debt Act of 1941, interest upon the bonds nowoffered shall not have any exemption, as such, under Federal tax Acts now or hereafterenacted. The full provisions relating to taxability are set forth in the official circularsreleased today.

Subscriptions for the bonds of both series will be received at the Federal Reserve Banksand Branches, and at the Treasury Department, Washington. Banking institutions generallyand in addition, for the 2% percent Treasury Bonds of 1962-67, security dealers generally,may submit subscriptions for account of customers, but only the Federal Reserve Banks andthe Treasury Department are authorized to act as official agencies. For the 2 percent TreasuryBonds of 1949-51, subscriptions from banks and trust companies for their own account will bereceived without deposit, but subscriptions for these bonds from all others must be accom-panied by payment of 10 percent of the amount of bonds applied for. Subscriptions for the21/ percent Treasury Bonds of 1962-67 must be accompanied by payment in full.

The right is reserved to close the books as to any or all subscriptions or classes of subscrip-tions for bonds of either or both series at any time without notice. The basis of allotment forthe 2 percent Treasury Bonds of 1949-51 will be publicly announced, and payment for any suchbonds allotted must be made or completed on or before May 15, 1942, or on later allotment.Subscriptions for the 2V percent Treasury Bonds of 1962-67 will be allotted in full as received,and payment at par and accrued interest, if any, must be made on or before May 5,1942, or onlater allotment. One day's accrued interest is about seven cents per $1,000.

The terms of these offerings are set forth, respectively, in Treasury Circulars Nos. 684and 685, dated May 4, 1942, copies of which are printed on the following pages. The subscrip-tion books are now open, and applications will be received by this bank as fiscal agent of theUnited States.

ALLAN SPSOUL,President.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

UNITED STATES OF AMERICA2 PERCENT TREASURY BONDS OF 1949-51

Dated and bearing interest from May 15, 1942 Due September 15, 1951Redeemable at the option of the United States at par and accrued interest on and after September 15, 1949

Interest payable March 15 and September 15

1942 T R E A S U R Y D E P A R T M E N T ,

Department Circular No. 684Office of the Secretary,

Fiscal ServiceBureau (.(the Public Debt Washington, May 4, 1942.

I. OFFERING OF BONDS

1. The Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, asamended, invites subscriptions, at par and accrued interest, from the people of the United States for bondsof the United States, designated 2 percent Treasury Bonds of 1949-51. The amount of the offering is$1,250,000,000, or thereabouts.

II. DESCRIPTION OF BONDS

1. The bonds will be dated May 15, 1942, and will bear interest from that date at the rate of 2 percentper annum, payable on a semiannual basis on September 15, 1942, and thereafter on March 15 and Sep-tember 15 in each year until the principal amount becomes payable. They will mature September 15,1951,but may be redeemed at the option of the United States on and after September 15, 1949, in whole or inpart, at par and accrued interest, on any interest day or days, on 4 months' notice of redemption given insuch manner as the Secretary of the Treasury shall prescribe. In case of partial redemption the bonds tobe redeemed will be determined by such method as may be prescribed by the Secretary of the Treasury. Promthe date of redemption designated in any such notice, interest on the bonds called for redemption shall cease.

2. The income derived from the bonds shall be subject to all Federal taxes, now or hereafter imposed.The bonds shall be subject to estate, inheritance, gift or other excise taxes, whether Federal or State, butshall be exempt from all taxation now or hereafter imposed on the principal or interest thereof by anyState, or any of the possessions of the United States, or hy any local taxing authority.

3. The bonds will be acceptable to secure deposits of public moneys, but will not bear the circulationprivilege and will not be entitled to any privilege of conversion.

4. Bearer bonds with interest coupons attached, and bonds registered as to principal and interest, willbe issued in denominations of $100, $500, $1,000, $5,000, $10,000 and $100,000. Provision will be madefor the interchange of bonds of different denominations and of coupon and registered bonds, and for thetransfer of registered bonds, under rules and regulations prescribed by the Secretary of the Treasury.

5. The bonds will be subject to the general regulations of the Treasury Department, now or hereafterprescribed, governing United States bonds.

III. SUBSCRIPTION AND ALLOTMENT

1. Subscriptions will be received at the Federal Reserve Banks and Branches and at the TreasuryDepartment, Washington. Subscribers must agree not to sell or otherwise dispose of their subscriptions, orof the securities which may be allotted thereon, prior to the closing of the subscription books. Bankinginstitutions generally may submit subscriptions for account of customers, but only the Federal ReserveBanks and the Treasury Department are authorized to act as official agencies. Others than banking insti-


tutions will not be permitted to enter subscriptions except for their own account. Subscriptions from banksand trust companies for their own account will be received without deposit. Subscriptions from all othersmust be accompanied by payment of 10 percent of the amount of bonds applied for.

2. The Secretary of the Treasury reserves the right to reject any subscription, in whole or inpart, to allot less than the amount of bonds applied for, and to close the books as to any or all sub-scriptions at any time without notice; and any action he may take in these respects shall be final.- Sub-ject to these reservations, subscriptions for amounts up to and including $10,000 will be allotted in full.The basis of the allotment on all other subscriptions will be publicly announced, and allotment notices willbe sent out promptly upon allotment.

IV. PAYMENT

1. Payment at par and accrued interest, if any, for bonds allotted hereunder must be made or com-pleted on or before May 15, 1942, or on later allotment. In every case where payment is not so com-pleted, the payment with application up to 10 percent of the amount of bonds applied for shall, upondeclaration made by the Secretary of the Treasury in his discretion, be forfeited to the United States. Anyqualified depositary will be permitted to make payment by credit for bonds allotted to it for itself and itscustomers up to any amount for which it shall be qualified in excess of existing deposits, when so notifiedby the Federal Reserve Bank of its district.

V. GENERAL PROVISIONS

1. As fiscal agents of the United States, Federal Reserve Banks are authorized and requested to receivesubscriptions, to make allotments on the basis and up to the amounts indicated by the Secretary of theTreasury to the Federal Reserve Banks of the respective districts, to issue allotment notices, to receivepayment for bonds allotted, to make delivery of bonds on full-paid subscriptions allotted, and they mayissue interim receipts pending delivery of the definitive bonds.

2. The Secretary of the Treasury may at any time, or from time to time, prescribe supplemental oramendatory rules and regulations governing the offering, which will be communicated promptly to theFederal Reserve Banks.

HENRY MORGEHTHAU, J R . ,Secretary of the Treasury.


UNITED STATES OF AMERICA2yz P E R C E N T T R E A S U R Y B O N D S O F 1962-67

Dated and bearing interest from May 5, 1942 Due June 15, 1967Redeemable a t the option of the United States a t pa r and accrued interest on and after June 15, 1962

Interest payable June 15 and December 15

1 M 2 TREASURY DEPARTMENT,

Department Circular No. 685 Office of the Secretary,Fiscal ServiceBureau of the Public Debt Washington, May 4, 1942.

I. OFFERING OF BONDS

1. The Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, asamended, invites subscriptions, at par and accrued interest, from the people of the United States for bondsof the United States, designated 2y2 percent Treasury Bonds of 1962-67. These bonds will not be availablefor subscription, for their own account, by commercial banks which accept demand deposits. The amountof the offering is not specifically limited.

II. DESCRIPTION OF BONDS

1. The bonds will be dated May 5, 1942, and will bear interest from that date at the rate of 2 ^ percentper annum, payable on a semiannual basis on June 15 and December 15 in each year until the principalamount becomes payable, the first payment being made December 15, 1942. They will mature June 15,1967, but may be redeemed at the option of the United States on and after June 15, 1962, in whole or inpart, at par and accrued interest, on any interest day or days, on 4 months' notice of redemption given insuch manner as the Secretary of the Treasury shall prescribe. In case of partial redemption the bonds tobe redeemed will be determined by such method as may be prescribed by the Secretary of the Treasury.From the date of redemption designated in any such notice, interest on the bonds called for redemptionshall cease.

2. The income derived from the bonds shall be subject to all Federal taxes, now or hereafter imposed.The bonds shall be subject to estate, inheritance, gift or other excise taxes, whether Federal or State, butshall be exempt from all taxation now or hereafter imposed on the principal or interest thereof by anyState, or any of the possessions of the United States, or by any local taxing authority.

3. The bonds will not be acceptable to secure deposits of public moneys before May 5, 1952, they willnot bear the circulation privilege, and they will not be entitled to any privilege of conversion.

4. Bonds registered as to principal and interest will be issued in denominations of $100, $500, $1,000,$5,000, $10,000 and $100,000. The bonds will not be issued in coupon form prior to May 5, 1952, but willbe available in coupon form after that date, in the same denominations as, and freely interchangeable with,the registered bonds of this issue. Under rules and regulations prescribed by the Secretary of the Treasury,provision will be made for the transfer of the bpnds, other than to commercial banks which accept demanddeposits, and for exchanges of denominations, on and after July 6, 1942. They wjll not be eligible fortransfer to commercial banks which accept demand deposits before May 5, 1952. However, the bonds maybe pledged as collateral for loans, including loans by commercial banks which accept demand deposits, butany such bank acquiring such bonds before May 5, 1952 because of the failure of such loans to be paid atmaturity will be required to dispose of them in the same manner as they dispose of other assets not eligibleto be owned by banks.


5. Except as provided in the preceding paragraphs, the bonds will be subject to the general regula-tions of the Treasury Department, now or hereafter prescribed, governing United States bonds.

III. SUBSCRIPTION AND ALLOTMENT

1. Subscriptions will be received at the Federal Reserve Banks and Branches and at the TreasuryDepartment, Washington. Banking institutions and security dealers generally may submit subscriptionsfor account of customers, but only the Federal Reserve Banks and the Treasury Department are author-ized to act as official agencies. Subscriptions must be accompanied by payment in full for the amount ofbonds applied for.

2. The Secretary of the Treasury reserves the right to reject any subscription, in whole or in part, toallot less than the amount of bonds applied for, and to close the books as to any or all subscriptions at anytime without notice; and any action he may take in these respects shall be final. Subject to these reserva-tions, all subscriptions will be allotted in full. Allotment notices will be sent out promptly upon allotment.

IV. PAYMENT

1. Payment at par and accrued interest, if any, for bonds allotted hereunder must be made on or beforeMay 5, 1942, or on later allotment. One day's accrued interest is $0.06868 per $1,000. Any qualifieddepositary will be permitted to make payment by credit for bonds allotted to its customers up to any amountfor which it shall be qualified in excess of existing deposits, when so notified by the Federal Reserve Bank ofits district.

V. GENERAL PROVISIONS

1. As fiscal agents of the United States, Federal Reserve Banks are authorized and requested to receivesubscriptions, to make allotments up to the amounts indicated by the Secretary of the Treasury to the FederalReserve Banks of the respective districts, to issue allotment notices, to receive payment for bonds allotted,to make delivery of bonds on full-paid subscriptions allotted, and they may issue interim receipts pendingdelivery of the definitive bonds.

2. The Secretary of the Treasury may at any time, or from time to time, prescribe supplemental oramendatory rules and regulations governing the offering, which will be communicated promptly to theFederal Reserve Banks.

HENRY MORGENTHATJ, J R . ,Secretary of the Treasury.


UNITED STATES OF AMERICA 2y2 PERCENT TREASURY BONDS OF 1962-67AVAILABLE FOR DELIVERY ON AND AFTER JULY 6, 1942

Date.

To

From FEDERAL RESERVE BANK OF NEW YORK,Fiscal Agent of the United States,

Safekeeping Department,New York, N. Y.

Reference is made to your allotment of $ face amount United States of America 2^ 2 Percent TreasuryBonds of 1962-67 for your own and/or for the account of your customers pursuant to the provisions of Treasury DepartmentCircular No. 685, dated May 4, 1942.

The above described bonds will be available for delivery on and after July 6, 1942.In order that this bank may prepare the bonds for delivery it will be appreciated if you will indicate on the attached

letter of instructions the disposition you wish made of such bonds and promptly return the letter to this bank.

If you desire delivery made over the counter at this bank to your representative the following letter of authority todeliver should be executed by you and presented to this bank by your representative. In any event the attached letter ofinstructions should be executed and promptly returned.

LETTER OF AUTHORITY TO DELIVER

FEDERAL RESERVE BANK OF NEW YORK,Fiscal Agent of the United States,


You are hereby authorized to deliver to whose signature(Name of representative)

ppears below $ face amount United States of America 2*4 Percent Treasury Bonds of 1962-67 subscribedor and allotted in full subject to the provisions of Treasury Department Circular No. 685, dated May 4, 1942.

Name.

(Signature of representative) . (Official signature required)

DELIVERY RECEIPT

Received from the Federal Reserve Bank of New York United States Government obligations at par in the amount ands indicated in the above letter of authority to deliver.

)ateBy


LETTER OF INSTRUCTIONS FOR DELIVERY OF

UNITED STATES OF AMERICA 2% PERCENT TREASURY BONDS OF 1962-67

Date.

From

To FEDERAL RESERVE BANK OF NEW YORK,Fiscal Agent of the United States,


Reference is made to our allotment of $ face amount United States of America 2y2 Percent TreasuryBonds of 1962-67 for our own and/or for the account of our customers pursuant to the provisions of Treasury DepartmentCircular No. 685, dated May 4, 1942.

Please make delivery of the above described bonds in the manner indicated below.

Mail To The FollowingName and Address

FaceAmount

Mail To The FollowingName and Address

FaceAmount

Deliver over the counterto the undersigned

Name.

(Official signature)

TAKEN FROM VAULT COUNTED CHECKED DELIVEREDDigitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

E-BCFEDERAL RESERVE BANK

OF NEW YORK

ADVICE OF CREDIT TO WAR LOAN DEPOSIT ACCOUNTAPPLICATION NO.

i MAIL TO >

J!N ACCORDANCE WITH YOUR CERTIFICATION WE HAVE THIS DAY CREDITED YOUR-WAR LOAN DEPOSIT ACCOUNT" WITH THE AMOUNT INDICATED ABOVE.

ACCOUNT OF ALLOTMENT OF

2% Treasury Bonds of 1949-51Dated May 15, 1942Due September 15, 1951

FEDERAL RESERVE BANK OF NEW YORKFISCAL AGENT OP THE UNITED STATES

GOVERNMENT BOND DEPARTMENT.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

B-BCF 1 D * L RESERVE BANK

OF NEW YORK

BOOK CREDIT PAYMENTAPPLICATION NO.

IN ACCORDANCE WITH YOUR CERTIFICATION WE HAVE THIS DAY CREDITED YOURWAR LOAN DEPOSIT ACCOUNT* WITH THE AMOUNT INDICATED ABOVE.


2% Treasury Bonds of 1949-51Dated May 15, 1942Due September 15, 1951


T1B-BCFEDERAL RESERVE BANK

OF NEW YORK

ADVICE OF CREDIT TO WAR LOAN DEPOSIT ACCOUNTAPPLICATION NO.

MAIL TO

JIN ACCORDANCE WITH YOUR CERTIFICATION WE HAVE THIS DAY CREDITED YOUR"WAR LOAN DEPOSIT ACCOUNT" WITH THE AMOUNT INDICATED ABOVE.


2 ^ % Treasury Bonds of 1962-67Dated May 5, 1942Due June 15, 1967

FEDERAL RESERVE BANK OF NEW YORKFISCAL AGENT OF THE UNITED STATES

GOVERNMENT BOND DEPARTMENT.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

TIB-BCFEDERAL RESERVE BANK

OF NEW YORK

BOOK CREDIT PAYMENTAPPLICATION NO.

IN ACCORDANCE WITH YOUR CERTIFICATION WE HAVE THIS DAY CREDITED YOUR' WAR LOAN DEPOSIT ACCOUNT" WITH THE AMOUNT INDICATED ABOVE.


2 ^ % Treasury Bonds of 1962-67Dated May 5, 1942Due June 15, 1967


F E D E R A L R E S E R V E B A N K OF N E W Y O R K Application Number

Fiscal Agent of the United States

NOTICE OF ALLOTMENTOn Cash Subscription to United States Government Obligations

Applied for by Subscriber as Described Below

To Subscriber:1942

Referring to your subscription, numbered as above indicated, for $ (par value)UNITED STATES OF AMERICA 2 PERCENT TREASURY BONDS OF 1949-51

DATED MAY 15, 1942, DUE SEPTEMBER 15, 1951for which you have applied under the provisions of the Treasury Department's circular containing the offering of suchsecurities for subscription, you have been allotted by the Secretary of the Treasury

$ of the amount applied for.

IMPORTANT INFORMATION FOR SUBSCRIBER1. To expedite delivery of the securities of this issue allotted to subscriber and to facilitate prompt completion of

this transaction, please observe the following directions, and fill in, sign and return immediately the attached letter ofinstructions to the Federal Reserve Bank of New York, Fiscal Agent of the United States, New York, N. Y.

Payment by Check, Cash, Charge or Credit2. On or before the date of this issue payment must be made or completed at par, or at par and accrued interest if

payment is to be made after the date of this issue, for the securities allotted to subscriber as stated above, and paymenttherefor may be made by check, cash, charge, or credit, as follows:

By CheckA check tendered in payment should be made payable to the order of the FEDERAL RESERVE BANK OF NEW YORK,FISCAL AGENT OF THE UNITED STATES, and the proceeds thereof must be immediately available on. the date that payment is due,but such cheek need not necessarily accompany the attached letter of instructions. The proceeds of a cheek tendered in payment bysubscriber on the date of this issue, drawn on the Federal Reserve Bank of New York, will be immediately available on the date of thisissue. Should a subscriber -wish to make payment by certified check on any other bank the securities can not be delivered until theFederal Reserve Bank of New York, Fiscal Agent of the United States, receives the proceeds of such check, and, therefore, such subscribershould tender such certified check at least 2 days prior to the date payment it due if he wishes delivery of the securities on thedate of this issue.

By CashPayment may be made in cash.By Charge A member bank may make payment by requesting us to charge its reserve account, or a nonmember clearing bank may make

payment by requesting us to charge its clearing account.By Credit(a) If subscriber is a depositary of public moneys qualified under the provisions of Treasury Department Circular No. 92, dated

February 23, 1932, as amended, with respect to special deposits of public moneys under the Act of Congress approved September 24, 1917,as amended, subscriber will be permitted to make payment by credit in the War Loan Deposit Account for securities of this issue allottedto it for itself and its customers up to any amount for which it shall be qualified in excess of existing deposits.(b) Securities of this issue allotted to a qualified depositary for its own account may be pledged with Federal Reserve Bank of New Yorkas collateral security for deposits in the War Loan Deposit Account. Securities of this issue allotted to a qualified depositary for account ofits customers may not be pledged as sach collateral security without the written consent of the owners of such securities.

Delivery3. (a) Delivery of the securities of this issue will be made by the Federal Reserve Bank of New York at its

head office in New York, N. Y., and will not be made before the issue date.(b) Securities of this issue allotted to subscriber will be delivered over the counter to a representative of the

subscriber only when a letter of authority signed officially by the subscriber identifying such representative is presentedby him.

(c) Securities of this issue allotted to subscriber will be delivered to others under special instructions from sub-scriber but only when such securities are either the sole property of the subscriber or are the property of its customers whohave authorized the subscriber in writing to cause their said securities to be so delivered.

Further Instructions4. (a) Securities of this issue will be held for safekeeping by, or delivered to the Discount Department of, the Federal

Reserve Bank of New York for the account of member banks only, provided such securities are the sole property of themember bank.

(b) It is requested that all blank spaces be typed in where necessary on the attached letter of instructions tothis bank and that such letter be signed officially and returned to this bank without delay.

FEDERAL RESERVE BANK OF NEW YORK,Fiscal Agent of the United States

Checked byNA-BS


LETTER OF INSTRUCTIONS Application Number

To FEDERAL RESERVE BANK OP NEW YORK,Fiscal Agent of the United States,

Government Bond Department,New York, N. Y.

From (Name and address of Subscriber)1942

Referring to our subscription, numbered as above indicated, for $ (par value)UNITED STATES OF AMERICA 2 PERCENT TREASURY BONDS OF 1949-51

DATED MAY 15, 1942, DUE SEPTEMBER 15, 1951for which we applied under the provisions of the Treasury Department's circular containing the offering of suchsecurities for subscription, we have received your notice of allotment stating that we have been allotted by the Secretaryof the Treasury

$ of the amount applied for.As requested we are sending you the following instructions:

Payment for such securities will be made or completed as indicated below.By charge to our reserve account, which you are authorized to make $By check $By cash $By credit to War Loan Deposit Account as shown in the following "Certificate of Advice":

CERTIFICATE OF ADVICE May 15, 1942I HEREBY CERTIFY that there has been deposited this day with the above bank or trust company, to the credit of

the Federal Reserve Bank of New York, as fiscal agent of the United States, War Loan Deposit Account, to be heldsubject to withdrawal on demand through the Federal Reserve Bank of New York, thesum of Dollars, $

To be executed only when subscriber ia makingpayment through War Loan Deposit Account.

Cashier or Vice President.

Issue and dispose of securities allotted on this subscription as indicated below:

DENOMINATIONS

PSeen

X X X

$100500

1,000

5,000

10,000

xx xxx

100,000Total

Par Value Leave Riank

DISPOSITION1. Deliver over the counter to the under-

signed $2. Ship to the undersigned $3. Hold in safekeeping (For member bank

only) $4. Register in the names as indicated in

the schedule on reverse side 5. Hold as collateral for War Loan

deposits $6. Deliver as indicated below $Deliver to: Par Amount

$

AgainstPayment of

and credit proceeds to our Reserve accountor to our account with

The undersigned, if a bant or truit company, hereby certifies (a) that the securities which you are hereby or hereafter instructedto dispose of in the manner indicated in item numbered 3 above are the sole property of the undersigned, and f t ) that the securitieswhich you are hereby or hereafter instructed to dispose of in the manner indicated in items numbered 5 and 6 above are either the soleproperty of the undersigned or the property of its customers who have authorized in writing such disposition.

Q >?, This letter of instructions must be signedofficially in the space provided here andreturned immediately to

Federal Reserve Bank of New York,Fiscal Agent of the United States.

Name of Subscriber. (Please print)By.

(Official signature required)Street addresa

(Title)

City, Town or Village, and State.DO NOT USE SPACES BELOW

PAYMENT RECORD

PAYMENT RECEIVED

:

DELIVER AGAINST PAYMENT

Taken from Vault

Delivery Receipt

Received from FEDERAL BESEBVE BANK or NEW YORK theUnited States Government obligations allotted in the amount

Date By

Counted Checked

above describedindicated above.

Delivered

NABSDigitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

SCHEDULE FOR ISSUE OF REGISTERED BONDS

BSl^ * Names and addresses must be printed or typewritten.

Name in which bonds of this issue shall be registered, and post-office address for interest checks and mail.

Indicate under appropriate denominations, number of bonds desired.

Amount

X X X $100 $500 $1,000 $5,000 $10,000 X X X $101

\


FEDERAL RESERVE BANK SECATSf .B-SOFNEWYOPK ADVICE TO SUBSCRIBER SECURITY DEPARTMENT

Acknowledging Receipt of Cash SubscriptionFor United States Government Obligations Mentioned Below

To Application No.

Date"1

Your cash subscription for $United States of America 2 Percent Treasury Bonds of 1949-51, Dated May 15, 1942, Due September 15, 1951

has been received by this bank, as fiscal agent of the United States, and, pursuant to the provisions of the TreasuryDepartment's circular offering the above-mentioned obligations of the United States, allotment notices will besent out promptly upon allotment and allotments will be made on the basis and up to the amounts indicated bythe Secretary of the Treasury to this bank.

FEDERAL RESERVE BANK OF NEW YORK,Fiscal Agent of the United States.

Checked by.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

FEDERAL RESERVE BANK SECATSZ.B-SOF NEW YORK CARD RECORD SECURITIES DEPARTMENT

To Application No.

Date

Cash subscription receivedfrom above subscriber for $

United States of America 2 Percent Treasury Bonds of 1949-51, Dated May 15, 1942, Due September 15, 1951

AMOUNT ALLOTTED $.


FEDERAL RESERVE BANKOP NEW YORK PAYMENT AND DISPOSITION RECORD

SEC-ATS-3.B-SSECURITIES DEPARTMENT

To Application No.

Date

Cash subscription receivedfrom above subscriber for $

United States of America

ALLOTMENTPREMIUM AND/OR

INTEREST

PURCHASE PRICE

DEPOSIT

PRINCIPAL DUE

REFUND

BALANCE

ACCRUED INT.

AMOUNT DUB

2 Percent Treasury Bonds of 1949-51, Dated May 15, 1942,

DATE BOOK CREDIT CHARGK

Due September 15,

CASH

1951

DELIVERY TELLER

DISPOSITION

OVER COUNTER SAFEKEEPING

1GOV. DEPOSIT

1SHIP

1SPECIAL DELIVERY INSTRUCTIONS


ORIGINAL WT-RBADVICE TO SUBSCRIBER

Date 1942

To

Your subscription for $ UNITED STATES OP AMEBICA 2^4 PERCENT TREASURY BONDS OF1962-67 Dated May 5, 1942, Due June 15, 1967 has been received by this bant, as fiscal agent of the United States,and, pursuant to the provisions of the Treasury Department's circular offering the above mentioned securities, theamount subscribed for by you has been allotted to you in fall. You will be notified when the securities will be availablefor delivery.

Payment for such securities has been received in the manner indicated below:By check and/or cash $By authority to charge your reserve account .

By authority to credit your "War Loan Deposit Account

FEDERAL RESERVE BANK OF NEW YORKFiscal Agent of the United States

(Teller)Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

DUPLICATE WT-RBPENDING DELIVERY TICKET

D a t e - 1942

To

Your subscription for $ UNITED STATES OP AMERICA 2y2 PERCENT TREASURY BONDS OF1962-67 Dated May 5, 1942, Due June 15, 1967 has been received by this bank, as fiscal agent of the United States,and, pursuant to the provisions of the Treasury Department's circular offering the above mentioned securities, theamount subscribed for by you has been allotted to you in full. You will be notified when the securities will be availablefor delivery.

Payment for such securities has been received in the manner indicated below:By check and/or cash $By authority to charge your reserve account

By authority to credit your War Loan Deposit Account

Posted FEDERAL RESERVE BANK OF NEW YORKComputation Checked F i s c a l A ^ e n t o f t h e U n i t e d S t a t e s

Account ChargedGov. Deposit ' "(TdW)


BTC-B-S

Cash Subscription by Banking InstitutionTo United States Government Obligations

Described BelowDated at

Application Number

.1942ImportantSubject to the reservations set forth in Treasury Department Circular No. 684, subscriptions for amounts up to

and including $10,000 will be allotted in full; other subscriptions will be received subject to allotment.FEDERAL RESERVE BANK OF NEW YORK,

Fiscal Agent of the United States,New York, N. Y.

DEAR SIRS:Pursuant to the provisions of Treasury Department Circular No. 684, dated May 4, 1942, please enter subscription

as follows for

UNITED STATES OF AMERICA 2 PERCENT TREASURY BONDS OF 1949-51DATED MAY 15, 1942 DUE SEPTEMBER 15, 1951

For our own account (not classified below).. $For our customers (classified below) ,_ ,

Total Subscription $CLASSIFICATION OF CUSTOMERS' SUBSCRIPTIONS

(For example: Claw A 10 at $1,000)(To SUBSCRIBER: DO not show on this form denominations of securities of this issue to be desired on allotment.)

CLASS ASubscriptions of $1,000 and under

dumber ofSubscript's

at

at

at

at

at

at

at

Am oun tof Each Leave Blank

CLASS DSubscriptions over 860,000 to $100,000 Incl.Number ofSobaoript'i

at

at

at

at

at

at

Amountof Each Leave Blank

CLASS BlSubscriptions over 11,000 to $5,000 InclusiveNumber ofSubscript's

Sub's overNumber ofSubscript*!

.

at

IX

at

at

i t

at

at


CLASS E$100,01

at

i t

at

at

rt

1


CLASS B3Subscriptions over $5,000 to $10,000 Incl.Number ofSubscript's

at

a t

at

at

at

i t

at


CLASS PSub's over 5500,000 to $1,000,000 InclusiveNumber of |Subscript'* |

i t

it

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CLASS CSubscriptions over 110,000 to $50,000 InclNumber of ISubscript'i|

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CLASS OSubscriptions of over $1,000,000

Number of 1Subscript'* |

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We hereby certify:(a) that we have received applications from our customers in the amounts set opposite the customers' names listed on

the reverse side of this form which, is made a part of this subscription; that there has been paid to us by each, suchcustomer, not subject to withdrawal until after allotment and payment in full for securities allotted, ten percentof the amount applied for.

(b) that this subscription is solely for our own account or for the account of the customers specified herein; that noarrangements have been or will be made for the sale or other disposition of our subscription, or of the securitieswhich may be allotted thereon, prior to the closing of the subscription books; and that our customers whose sub-scriptions are included herein will be requested to confirm to us their agreement to the same conditions with respectto their subscriptions; and

(c) that our capital and surplus (not including undivided profits, reserves, etc.) is $We agree:

in consideration of the receipt by you of this subscription, to make payment in full for the entire amount whichmay be allotted on this subscription, at par on or before the date of issue, or at par and accrued interest if on laterallotment. Such payment will be made by the method indicated hereon.

B y c h a r g e t o o u r r e s e r v e a c c o u n t , w h i c h y o u a r ea u t h o r i z e d t o m a k e . - - - - - - - - - . a

D

By credit to War Loan Deposit Account [sWFill in all required spaces before signing.

By.(Name of Banking Institution)

(Official signature) (Title)Addreia

By check - -TO SUBSCBLBEB:

Mark (X) in proper spaceto indicate if this i j :

Original mbeeription QConfirmation of a telegram QConfirmation of a letter QNOTE :

Securities of this issue allotted to a qualified depositary for its own account may be paid for by credit to War Loan Deposit Accountana may also be deposited with Federal Beserve Bank of New Yort as collateral security for such Account

Securities of this issue allotted to a qualified depositary for account of itai customers may be paid for by credit to War Loan DepositAccount; but may not be deposited with Federal Reserve Bank of New York as collateral security for such Account without the written consentof the owners of such securities.

SPACES BELOW ABE FOB THE TTBB OF THE FEDEBAL RESERVE BANK

(City, Town or Village, and State)

SUBSCRIPTION RECORD ALLOTMENT PAYMENT

BLOTTEROWN ACCOUNT

CHECKED

EXAMINED

CKNOWLEDGED

EXAMINED FORCLASSIFICATION

CHECKED

CARDED

DISPOSITION R/A

B/C


List of customers' applications included in the foregoing subscription

entered and certified by

Name of Customer Amount Subscribed


IB-B-S

CASH SUBSCRIPTIONBY OTHER THAN A BANKING INSTITUTION

To United States Government ObligationsDescribed Below

Application Number

Dated at.

.1942

ImportantSubject to the reservations set forth in Treasury Department Circular No. 684, subscriptions for amounts up to

and including $10,000 will be allotted in full; other subscriptions will be received subject to allotment.This application must be accompanied by payment of 10 percent of the amount applied for.

FEDERAL KESERVE BANK OF NEW YORK,Fiscal Agent of the United States,

New York, N. Y.

DEAR SIRS :Pursuant to the provisions of Treasury Department Circular No. 684, dated May 4, 1942, please enter our (my)

subscription for $ (par value)

UNITED STATES OF AMERICA 2 PERCENT TREASURY BONDS OF 1949-51DATED MAY 15, 1942 DUE SEPTEMBER 15, 1951

The undersigned subscriber(a) certifies that no arrangements have been or will be made for the sale or other disposition of this subscription, or

of the securities which may be allotted thereon, prior to the closing of the subscription books; and(b) agrees, in consideration of the receipt by you of this subscription, to make payment in full for the entire amount

which may be allotted on this subscription, at par on or before the date of issue, or at par and accrued interest ifon later allotment. If such payment is in excess of the amount deposited with this application the balance of thepayment due you will be made by the undersigned or (name)in the manner indicated below.

By check By cash

TO SUBSCBIBEB:Mark (X) in proper spaceto indicate if this is:

Subscriber . . .

Sign here

Street address.

(Print name)

(Official Signature Required)

Original subscription QConfirmation of a telegram QConfirmation of a letter Q (citj'.Tow'nor village,'and State)'

SPACES BELOW ABE VOB THE USE OF THE FEDERAL EESEBVE BANK OF NEW TOEK

SUBSCRIPTION RECORD

BLOTTEROWN ACCOUNTCHECKED

EXAMINED

ACKNOWLEDGED

EXAMINED FORCLASSIFICATION

CHECKED

CARDED

ALLOTMENT AND PAYMENT

ALLOTMENT

DEPOSIT

REFUNDED

BALANCE

DISPOSITION

FIGURED CHECKED

DATE

ADVISED

BY

DATE

DATE PAID


RBSApplication Number

CASH SUBSCRIPTION FORM TO BE USED IN SUBSCRIBINGTO 2% PERCENT TREASURY BONDS OF 1962-67

Important Information for Subscribers

1. Payment may be made at par on or before May 5, 1942. Payment made after May 5, 1942 must be at par plusaccrued interest. Any payment made by check drawn on any bank other than the Federal Reserve Bank of New York willnot be deemed to have been made until the Federal Reserve Bank of New York has received payment in actually and finallycollected funds. For example, if the Federal Reserve Bank of New York receives on May 5, 1942 a check drawn on a bankwhich is a member of the New York Clearing House the amount of the eheck should include one day's accrued interest.

2. One day's accrued interest is $0.06868 per $1,000.3. The bonds will not be issued in coupon form prior to May 5, 1952, but will be available in coupon form after that

date, in the same denominations as, and freely interchangeable with, the registered bonds of this issue.

4. Banking institutions and security dealers generally may submit subscriptions for account of customers. Commer-cial banks which accept demand deposits may not subscribe for their own account.

5. Securities of this issue allotted to a qualified depositary for account of its customers may be paid for by credit toWar Loan Deposit Account, but may not be deposited with Federal Reserve Bank of New York as collateral security forsuch account before May 5, 1952.

6. Subscribers will be notified when securities allotted on this subscription are ready for delivery and at such timeinstructions as to the disposition to be made of the securities will be requested.

7. All required insertions in this subscription form, together with the information requested on the reverse side ofthe form, should be filled in carefully.

Dated at

1942FEDERAL RESERVE BANK OF NEW YORK

Fiscal Agent of the United StatesNew York, N. Y.

Dear Sirs:

Pursuant to the provisions of Treasury Department Circular No. 685, dated May 4, 1942, please enter subscription atpar and accrued interest as follows for

UNITED STATES OF AMERICA 2% PERCENT TREASURY BONDS OF 1962-67DATED MAY 5, 1942 DUE JUNE 15, 1967

For our own account $ (Commercial banka which accept demand de-posits may not subscribe for their own account)

For our customers

Total subscription

Payment for such securities in full is made as indicated below.

By check and/or cash herewith $.

By charge to our Reserve Account which you are authorized tomake (For use of member banks only)

V, By credit to War Loan Deposit Account for which we executeCertificate below (For the use of qualified depositary only) . . .

Principal Interest Total

CERTIFICATE OF ADVICE Date 1942I HEREBY CERTIFY that there has been deposited this day with the below named bank or trust company, to the

credit of the Federal Reserve Bank of New York, as fiscal agent of the United States, War Loan Deposit Account, tobe held subject to withdrawal on demand through the Federal Reserve Bank of New York, the sum of

Dollars $(Vice President or Cashier)

TO BE EXECUTED AND OFFICIALLY SIGNED ONLY BY A QUALIFIED GOVERNMENT DEPOSITARY

Issue and register the securities in the name (or names) as indicated on the reverse side of this form.

Name of Subscriber(Please typewrite or print)

TO SUBSCRIBES:Please indicate it this is a confirmation. By i

NO (Official signature required) (Title)

City, Town or Village, and State.

DO NOT USE SPACES BELOW

Received Checked Recorded Carded Payment Beceived By Computation Checked


SCHEDULE FOR ISSUE OF REGISTERED BONDS

Names and addresses must be printed or typewritten.

Name in which bonds of this Issue shall be registered, and post-office address for interest checks and mail.

m

Indicate under appropriate denominations, number of bonds desired.

Amount $100 $900 $1,000 $5,000 $10,000 $10

1942_02426

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Transcript of 1942_02426