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CIRCULAR N O . 232 FEDERAL RESERVE BANK OF NEW YORK CERTIFICATES OF INDEBTEDNESS DEPARTMENT December 10, 1919 REDEMPTION IN CASH UNTIL FURTHER NOTICE UNITED STATES TREASURY CERTIFICATES OF INDEBTEDNESS Series A 1920 Dated August 1, 1919 Maturing January 2, 1920 To ALL BANKS, TRUST COMPANIES, SAVINGS BANKS, BANKERS, INVESTMENT DEALERS AND PRINCIPAL CORPORATIONS IN THE SECOND FEDERAL RESERVE DISTRICT, DEAR SIRS: The following announcement has today been received from the Treasury Department: "Washington, D. C. December 10, 1919. "The Secretary of the Treasury has authorized the Federal Reserve Banks on and after Monday December 15th and until further notice to redeem in cash before January 2nd, 1920, at the holder's option at par and accrued interest to the date of such optional redemption Treasury certificates of indebtedness of Series A 1920 maturing January 2nd, 1920." The Federal Reserve Bank of New York as Fiscal Agent of the United States is now prepared to make the redemptions above described. Yours very truly, BENJ. STRONG, Governor.