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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 S T A T E S

Dallas, Texas, February 1 3 ,1 9 4 6

C A L L FOR R ED EM PTIO N
3 Percent Treasury Bonds o f 1946-48
3 Vs Percent Treasury Bonds o f 1946-49

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

There are quoted below the texts of formal notices dated February 14, 1946, by the
Secretary of the Treasury, calling the 3 percent Treasury Bonds of 1946-48 and the 3V6
percent Treasury Bonds of 1946-49 for redemption on June 15, 1946.
“ To Holders of 3 percent Treasury Bonds of 1946-48, and Others Concerned:
“ Public notice is hereby given that all outstanding 3 percent Treasury Bonds
of 1946-48, dated June 15, 1934, are hereby called for redemption on June 15,
1946, 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 interestbearing obligations of the United States, in which event public notice will here­
after 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.”
“ To Holders of 3% percent Treasury Bonds of 1946-49, and Others Concerned:
“ Public notice is hereby given that all outstanding 3 Yg percent Treasury Bonds
of 1946-49, dated June 15, 1931, are hereby called for redemption on June 15,
1946, 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 interestbearing obligations of the United States, in which event public notice will here­
after 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 forwarded to you.
Yours very truly,
R . R . G ILB E R T

President

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