203

189

$84,000 of bonds maturing in the years 1965 through 1970 at 5% per annum;
$68,000 of bonds maturing in the years 1971 through 1974 at 3% per annum;
$77,000 of bonds maturing in the years 1975 through 1978 at 3.10% per annum;
$66,000 of bonds maturing in the years 1979 through 1981 at 3.20% per annum;
$72,000 of bonds maturing in the years 1982 through 1984 at 3 1/4% per annum;
$110,000 of bonds maturing in the years 1985 through 1988 at 3.30% per annum;
$125,000 of bonds maturing in the years 1989 through 1992 at 3 3/8% per annum.

Bid of J. Lee Peeler & Company, Inc., offering to pay $318,000 and accrued interest for the blocks of said bonds maturing in the years 1965 through 1982 bearing interest as follows:

$70,000 of bonds maturing in the years 1965 through 1969 at 5% per annum;
$82,000 of bonds maturing in the years 1970 through 1974 at 3% per annum;
$37,000 of bonds maturing in the years 1975 through 1976 at 3.10% per annum;
$129,000 of bonds maturing in the years 1977 through 1982 at 3.25% per annum.

Bid of Wachovia Bank and Trust Company, offering to pay $318,000 and accrued interest for the blocks of said bonds maturing in the years 1965 through 1982 bearing interest as follows:

$56,000 of bonds maturing in the years 1965 through 1968 at 5% per annum;
$79,000 of bonds maturing in the years 1969 through 1973 at 3% per annum;
$183,000 of bonds maturing in the years 1974 through 1982 at 3 1/4% per annum.

Said notice calling for bids in the form published in The News and Observer, Raleigh, North Carolina, and in The Daily Bond Buyer and the Official Notice of Sale in the form transmitted to the Housing and Home Finance Agency, Atlanta, Georgia, and to investment bankers are each hereby ratified, confirmed and approved.

Section 2. It is hereby determined that the bid of Merrill Lynch, Pierce, Fenner & Smith, Inc., and Reynolds and Company, offering to pay $602,000 and accrued interest for the blocks of said Series A bonds maturing in the years 1965 through 1992 bearing interest as follows:

$84,000 of bonds maturing in the years 1965 through 1970 at 5% per annum;
$68,000 of bonds maturing in the years 1971 through 1974 at 3% per annum;
$77,000 of bonds maturing in the years 1975 through 1978 at 3.10% per annum;
$66,000 of bonds maturing in the years 1979 through 1981 at 3.20% per annum;
$72,000 of bonds maturing in the years 1982 through 1984 at 3 1/4% per annum;
$110,000 of bonds maturing in the years 1985 through 1988 at 3.30% per annum;
$125,000 of bonds maturing in the years 1989 through 1992 at 3 3/8% per annum;