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FEDERAL RESERVE BANK OF NEW YORK Government Bond Department ("Circular No. 5 4 5 1 [ April 23, 1923 J Redemption of Federal Farm Loan 5 Per Cent. Bonds Dated May 1, 1918. Called for Payment on May 1,1923 To all Banks, Trust Companies, Savings Banks, Bankers, Investment Dealers, Principal Corporations and Others Concerned in the Second Federal Reserve District: All 5 per cent. Farm Loan bonds dated May 1, 1918, issued by the twelve Federal Land Banks, have been called for redemption on May 1, 1923, and payment of them will be made through the Federal Reserve Banks as fiscal agents of the United States or at any Federal Land Bank. There are about $55,000,000 of these bonds outstanding. We are prepared to receive them in both coupon and registered form for payment on May 1, 1923, as follows: Method of Presentation Coupon Bonds The coupon bonds must have the November 1, 1923 coupon and all subsequent coupons attached upon presentation. The coupon due May 1, 1923, and any past due coupons, should be detached and collected in the regular way. Registered Bonds The registered bonds are to be assigned in blank, the assignment to be attested by any person or officer who may attest the assignment of Government bonds, or by a notary public. The interest due May 1 on the registered bonds will be paid as usual by the respective Federal Land Banks. You will facilitate the redemption of these bonds by presenting them to us well in advance of May 1 with the applicationj'orms we have prepared, copies of which are enclosed. Separate applications should be used for coupon and for registered bonds. Very truly yours, BENJ. STRONG, Governor. U.B. Z1Z-1UM federal Land Bank Registered Bonds for 'ose separate bonds according to 3ank of issue, using a separate application for euch. Redemption FEDERAL RESERVE BANK OF NEW YORK, 192 Fiscal Agent of the United States, Government Bond Department. ;AR SIRS: The undersigned presents and surrenders herewith for redemption, as of May 1, 1923, Registered deral Land Bank Bonds of 1923-38, issued by the Federal Land Bank of • • Pieces Baltimore Berkeley 1 Columbia • • • Denomination Houston Louisville New Orleans • Spokane • Omaha • St. Louis • St. Paul Face Amount • • Springfield Wichita Numbers $25 50 100 500 1,000 otal face amount Please make payment by Check Credit Special Instructions Attached Sign here (Name) (Address) ByThese spaces for use of Federal Reserve Bank eceived Checked Recorded Examined Window Custody Mail G.B. 211-25M4-23 Federal Land bank Coupon Bonds for ease separate bonds according to Bank of issue, using a separate application for each. Redemption i FEDERAL RESERVE BANK OF N E W YORK, 192.. Fiscal Agent of the United States, Government Bond Department. «». CAR SIRS: The undersigned presents and surrenders herewith for redemption, as of May 1, 1923, Coupon deral Land Bank Bonds of 1923-38, issued by the Federal Land Bank of • • Pieces • • Baltimore Berkeley ] Columbia Denomination Houston Louisville ] New Orleans • • • Omaha St. Louis St. Paul Face Amount • • • Spokane Springfield Wichita Numbers $25 50 100 Leave Blank 500 1,000 otal face amount Please make payment by • Check • Credit ] Special Instructions Attached Sign here (Name) (Address) ByThese spaces for use of Federal Reserve Bank eceived Checked Recorded Examined Window Custody Mail