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CIRCULAR N O . 232

FEDERAL RESERVE BANK
OF NEW YORK
CERTIFICATES OF INDEBTEDNESS
DEPARTMENT

December 10, 1919

REDEMPTION IN CASH UNTIL FURTHER NOTICE
UNITED STATES TREASURY CERTIFICATES OF INDEBTEDNESS
Series A 1920
Dated August 1, 1919

Maturing January 2, 1920

To ALL BANKS, TRUST COMPANIES, SAVINGS BANKS, BANKERS, INVESTMENT DEALERS
AND PRINCIPAL CORPORATIONS IN THE SECOND FEDERAL RESERVE DISTRICT,

DEAR SIRS:

The following announcement has today been received from the Treasury Department:

"Washington, D. C. December 10, 1919.
"The Secretary of the Treasury has authorized the Federal Reserve
Banks on and after Monday December 15th and until further notice to redeem in cash before January 2nd, 1920, at the holder's option at par and
accrued interest to the date of such optional redemption Treasury certificates of indebtedness of Series A 1920 maturing January 2nd, 1920."
The Federal Reserve Bank of New York as Fiscal Agent of the United States is now prepared to make the redemptions above described.




Yours very truly,
BENJ. STRONG,

Governor.