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FEDERAL RESERVE BANK OF DALLAS
FISCAL AGENT OF THE UNITED STATES

Dallas, Texas, November 10, 1949

C A L L FOR R ED EM PTIO N
2 Percent Treasury Bonds o f 1950-52

To A ll Banking Institutions, and Others Concerned,
in the Eleventh Federal Reserve D istrict:

There is quoted below text of a formal notice dated November 14,
1949, by the Secretary of the Treasury calling the 2 percent Treasury
Bonds of 1950-52 for redemption on March 15, 1950:
“ To Holders of 2 percent Treasury Bonds of 1950-52 (dated Oc­
tober 19, 1942), and Others Concerned:
“ Public notice is hereby given that all outstanding 2 percent
Treasury Bonds of 1950-52, dated October 19, 1942, due March
15, 1952, are hereby called for redemption on March 15, 1950, on
which date interest on such bonds will cease.
“ 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.
“ Full information regarding the presentation and surrender of
the bonds for cash redemption under this call will be found in
Department Circular No. 666, dated July 21, 1941.”
As you will observe, holders of these bonds may be given the privilege
of exchanging all or any part of their holdings for other interest-bearing
obligations of the United States. In this event, notice will be given of
such exchange privilege in advance of the redemption date, and appropriate
forms to accompany the bonds for redemption or exchange will be for­
warded to you.
Yours very truly,
R . R. G ILBE R T

President

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