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At the close of business Aug. 31, the federal government will shutter its 37 offices that sell Treasury securities to walk-up customers. To purchase the securities, investors will have to
place orders over the phone or through the Internet. Closing the sales offices will save the government about $5 million a year. For the record: 12:00 a.m. May 5, 1999 For the Record Los
Angeles Times Wednesday May 5, 1999 Home Edition Business Part C Page 3 Financial Desk 2 inches; 63 words Type of Material: Correction Treasury purchases--A Briefly item in Tuesday’s
Business section failed to mention that after the federal government closes its 37 walk-in sales offices for Treasury securities as of Sept. 1, investors still will be able to place their
orders by mail, in addition to over the phone or on the Internet. The Treasury Department plans to open within a few years three automated customer call centers--in Boston, Minneapolis and
Dallas--to handle orders. MORE TO READ
