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FEDERAL RESERVE BANK
O F NEW YORK
Fiscal A g en t o f the U nited States
f Circular No. 3 9 4 6 J

L February 13, 1953

N OTICE OF CALL F O R RED EM PTIO N
2 P E R C E N T T R E A S U R Y BONDS O F 1953-55

To all Banks and Others Concerned in the
Second Federal Reserve D istrict:

F ollow in g is the text o f a press release concerning a public notice o f call issued b y the
S ecreta ry o f the T rea su ry:
R E L E A S E M O RN IN G N E W S P A P E R S ,
F riday, February 13, 1953.
Secretary o f the Treasury H um phrey announced today that all outstanding 2 percent Treasury
B onds o f 1953-55, dated October 7, 1940, due June 15,1955, are called fo r redemption on June 15,
1953. There are now outstanding $724,677,900 o f these bonds. The bonds o f this issue are being
called at this time because o f the partially tax-exempt attributes they carry.
Two issues o f 2 percent Treasury Bonds o f 1952-54, the 2 percent Treasury Bonds o f 1951-55,
and the 2^4 percent Treasury Bonds o f 1952-55, which are also callable on June 15, 1953, w ill not
be called fo r redemption on that date.
The text o f the form al notice o f call is as follow s:
T W O P E R C E N T T R E A S U R Y B O N D S O F 1953-55
(D A T E D O C T O B E R 7, 1940)
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 1953-55, and Others C oncerned:
1. P ublic notice is hereby given that all outstanding 2 percent Treasury Bonds o f
1953-55, dated October 7, 1940, due June 15, 1955, are hereby called fo r redemption on
June 15, 1953, on which date interest on such bonds w ill cease.
2. H olders o f these bonds may, in advance o f the redem ption 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 w ill be foun d in Departm ent Circular No. 6 6 6 , dated J u ly 21,
1941.
G. M. H u m p h r e y ,
Secretary o f the Treasury.
TREASURY DEPARTM ENT,
W ashington, February 13, 1953.

A dditional copies o f this circular w ill be furnished upon request.




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Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102