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FEDERAL RESERVE BANK OF DALLAS
F IS C A L A G E N T O F T H E U N IT E D S T A T E S

Dallas, Texas, March 8,1943

IMPORTANT INFORMATION RELATING TO
TREASURY SAYINGS STAMPS

To Qualified Agents for the Issuance of
War Savings Bonds, Series E :

The Treasury Department has advised that shipments by issuing agents
of Treasury Savings Stamps as remittances for savings bonds sold shall be
at the risk o f the United States, and covered under the Government Losses
in Shipment Act, as amended, provided such shipments are prepared in the
following manner:
Treasury Savings Stamps when forwarded at the risk of the United
States should be thoroughly cancelled. The Treasury Department has not pre­
scribed the method of cancellation; however, cancellation should not be
effected in a manner which will make verification o f the stamps difficult. It
is suggested that a rubber stamp bearing the word “ Cancelled” be used, pro­
vided identifying markings reflecting the name and address of the issuing
agents are placed on the albums containing the stamps. In cancelling the
stamps, it is suggested that a non washable black ink be used. Stamps o f each
denomination should be pasted in the related albums. Stamps of various de­
nominations should not be intermingled in one album. Loose stamps should
be pasted in an album before forwarding.
The Treasury Department advises that it is a desirable procedure for
issuing agents to endeavor to cash Treasury Savings Stamps at local post
offices, and in this connection postmasters have been provided with proper
facilities for redeeming such stamps. In those cases, however, where this
procedure is impracticable, issuing agents may forward to this bank or its
branches, as the case may be, Treasury Savings Stamps as remittances for
savings bonds sold by them.
The instructions contained in our circular letters o f August 25,1942, and
October 15,1942, are hereby amended in this respect.

Yours very truly,
R. R. GILBERT
President

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)


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