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FEDERAL RESERVE BANK OF CHICAGO 79 WEST MONROE STREET January 25 , 1918 . Circular No . 58 . 4fo U. S. CERTIFICATES OF INDE~TEDNESS DATED JANUARY 22nd , MATURING APRIL 22 , 1918 . TO ALL BANKS AND BANKERS IN FEDERAL RESE:1VE DISTRICT NUMBER SEVEN : We call your attention to our Circular of the 19th inst , inviting subscriptions at par and accrued interest to $400 , 000rOOO.OO 4i United States Treasury Certificate~ of Indebtedness dated January 22 nd, and maturing April 22 , 1918 . These Certificates are offered for the purpose of fi nancing in advance the payment s f or subs cr iptions to the next Liberty Loan issue. In ord er that the banks may be relie ved as far as possible fr om any undue strain in financing the initial payment of the next Liberty Loan issue, it i s important that all banks in the District invest in the se Treasury Certificates of Indebt edness to as liberal an extent as possible. If you have not already sent in your subscription, you are earne3tly re quested to do so now . SUBSCRIPTION B90KS CLOSE TUESDAY , JANUARY 29th , AT THHEI P . M. You ma y tele graph your subscr i ption, at our expense , t o Government Bond Department, Federal Reserve Bank of Chica~o . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Respectfully, J.B . McDOUGAL, Governor .