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CIRCULAR N O . 242 V FEDERAL RESERVE BANK OF N E W YORK CERTIFICATES OF INDEBTEDNESS DEPARTMENT December 30, 1919 REDEMPTION IN CASH United States Treasury Certificates of Indebtedness Series B 1920 Dated August 15, 1919 Due January 15, 1920 To ALL BANKS, TRUST COMPANIES, SAVINGS BANKS, BANKERS, INVESTMENT DEALERS AND PRINCIPAL CORPORATIONS IN THE SECOND FEDERAL RESERVE DISTRICT, DEAR SIRS: The Secretary of the Treasury has authorized the Federal Reserve Bank on and after Friday, January 2, 1920, and until further notice to redeem in cash before January 15, 1920, at the holder's option at par and accrued interest to the date of such optional redemption, Treasury certificates of indebtedness of Series B 1920, maturing January 15, 1920. The Federal Reserve Bank of New York, as Fiscal Agent of the United States, is now prepared to receive such certificates for redemption as above described. Yours very truly, BENJ. STRONG, Governor.