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FEDERAL. RESERVE BANK OF DALLAS F IS C A L A G E N T O F TH E U N ITE D ST A T E S Dallas, Texas, May 13,1958 C A L L FOR R EDEM PTIO N 2*4 Percent Treasury Bonds o f 1956-59 2 % Percent Treasury Bonds o f 1957-59 To all Banking Institutions and Others Concerned in the Eleventh Federal Reserve District: Printed on the reverse of this letter is the text of a press release dated May 14, 1958, by the Secretary of the Treasury, calling for redemption on September 15, 1958, of 2*4 percent Treasury Bonds of 1956-59 and 2% percent Treasury Bonds of 1957-59. It will be observed that holders of the bonds may be offered the privĀ ilege of exchanging all or any part of their holdings for other interestbearing obligations of the United States. In that event, notice o f such exchange privilege will be given in advance of the redemption date, and appropriate forms to accompany the bonds for exchange will be forwarded in the usual manner. Yours very truly, Watrous H. Irons President This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) RELEASE A. M. NEWSPAPERS, Wednesday, May 14, 1958. The Treasury Department today issued the official notices of call for redemption on September 15, 1958, of the 2*4 percent Treasury Bonds of 1956-59, dated February 1, 1944, due September 15, 1959, and the percent Treasury Bonds of 1957-59, dated March 1, 1952, due March 15, 1959. There are now outstanding $3,818,075,000 of the 2*4 percent bonds and $926,811,000 of the 2% percent bonds. 2% The texts of the formal notices of call are as follows: TWO AND ONE-QUARTER PERCENT TREASURY BONDS OF 1956-59 (Dated February 1, 1944) NOTICE OF CALL FOR REDEMPTION To Holders of 2*4 percent Treasury Bonds of 1956-59, and Others Concerned: 1. Public notice is hereby given that all outstanding 214 percent Treasury Bonds o f 1956-59, dated February 1,1944, due September 15, 1959, are hereby called for redempĀ tion on September 15, 1958, on which date interest on such bonds will cease. 2. Holders of these bonds may, in advance of the redemption date, be offered the privilege of exchanging all or any part of their called bonds for other interest-bearing obligations of the United States, in which event public notice will hereafter be given and an official circular governing the exchange offering will be issued. 3. Full information regarding the presentation and surrender of the bonds for cash redemption under this call will be found in Department Circular No. 300, Revised, dated April 30,1955. ROBERT B. ANDERSON, Secretary of the Treasury. TREASURY DEPARTMENT, Washington, May 14, 1958. *********** TWO AND THREE-EIGHTHS PERCENT TREASURY BONDS OF 1957-59 (Dated March 1,1952) NOTICE OF CALL FOR REDEMPTION To Holders of 2% percent Treasury Bonds of 1957-59, and Others Concerned: 2% 1. Public notice is hereby given that all outstanding percent Treasury Bonds of 1957-59, dated March 1, 1952, due March 15, 1959, are hereby called for redemption on September 15, 1958, on which date interest on such bonds will cease. 2. Holders of these bonds may, in advance of the redemption date, be offered the privilege of exchanging all or any part of their called bonds for other interest-bearing obligations of the United States, in which event public hotice will hereafter be given and an official circular governing the exchange offering will be issued. 3. Full information regarding the presentation and surrender of the bonds for cash redemption under this call will be found in Department Circular No. 300, Revised, dated April 30,1955. ROBERT B. ANDERSON, Secretary of the Treasury. TREASURY DEPARTMENT, Washington, May 14,1958.