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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, February 20, 1947 CASH REDEMPTION TREASURY NOTES. OF SERIES B-1947 To All Banking Institutions, and Others Concerned, in the Eleventh Federal Reserve District: There is quoted below press statement issued today by the Treasury Department: “ Secretary of the Treasury Snyder today announced that no ex change offering will be made to the holders of the Treasury Notes of Series B-1947, which will mature March 15, 1947, in the amount of $1,948,054,000. These notes will be redeemed in cash when they mature.” The maturing notes should be surrendered to this bank or one of its branches for payment on or after March 15, 1947. Appropriate forms for requesting redemption of the securities will be furnished upon request. 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)