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F ederal

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

DA LLAS, TEXAS

June 9, 1942

To Qualified Agents for the Issuance of
V/ar Savings Bonds, Series Es

Y/e notified all qualified issuing agents on April 15, 1942,
that the designation of Defense Savings Bonds had been changed to War
Savings Bonds, and requested that the issuance of Defense Savings Bonds
be continued until the stock of this type of bonds was exhausted.
On account of the recent increase in the sale of bonds, the
Treasury Department has found it necessary to begin immediate distribu­
tion of War Savings Bonds of the $25 denomination.

We may therefore

fill your requisitions in the near future with the new type of bonds
of the $25 denomination.

If, however, you now have on hand any of the

old type bonds their issuance should be continued until your supply is
exhausted.
Your customers should be advised that all savings bonds of
current issue are referred to as Yfar Savings Bonds regardless of whether
the bond bears this printed title, and that in the interest of economy,
particularly in view of the present shortage of paper, the Treasury
desires the issuance of all outstanding Defense Savings Bonds before
the new type bonds are issued.
Federal Reserve Bank of Dallas
Fiscal Agent of the United States

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