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F E D E R A L R E SE R V E BANK OF NEW YORK Fiscal Agent o f the United States r Circular No. 3 6 5 2 1 I February 13, 1951 J TW O AND THREE-QUARTERS PERCENT TREASURY BONDS OF 1951-54 (DATED JUNE 15, 1936) NOTICE OF CALL FOR REDEMPTION To all BanJcs and Others Concerned in the Second Federal Reserve District: Following is a copy o f a press release containing the text of a public notice o f call issued by the Secretary o f the Treasury: R E L E A S E , M O RN IN G N E W S P A P E R S , W ednesday, February 14, 1951. The Secretary o f the Treasury announced today that all outstanding 2 % percent Treasury Bonds o f 1951-54, dated June 15, 1936, due June 15, 1954, are called fo r redemption on June 15, 1951. There are now outstanding $1,626,686,150 o f these bonds. The text o f the form al notice o f call is as fo llo w s : T W O A N D T H R E E -Q U A R T E R S P E R C E N T T R E A S U R Y B O N D S O F 1951-54 (D A T E D JU N E 15, 1936) N O T IC E O F C A L L F O R R E D E M P T IO N To H olders o f 2 % p ercen t Treasury Bonds o f 1951-54 (dated June 15, 1936), and Others C oncerned: 1. P u blic notice is hereby given that all outstanding 2 % percent Treasury Bonds o f 1951-54, dated June 15, 1936, due June 15, 1954, are hereby called fo r redemption on June 15, 1951, on which date interest on such bonds will cease. 2. H olders o f these bonds may, in advance o f the redemption date, be offered the privilege o f exchanging all or any part o f their called bonds fo r other interest-bearing obligations o f the United States, in which event public notice will hereafter be given and an official circular governing the exchange offering w ill be issued. 3. F u ll inform ation regarding the presentation and surrender o f the bonds fo r cash redemption under this call will be found in Department Circular No. 666, dated J u ly 21, 1941. JO H N W . SNYDER, Secretary o f the Treasury. TREASU RY DEPARTM ENT, W ashington, February 14,1951. Additional copies of this circular will be furnished upon request. A llan S proul, President.