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F E D E R AL R E SE R V E BANK O F N E W YORK Fiscal Agent o f the United States f C i r c u la r I No. 3 7 4 3 1 A u g u s t 1 3 , 1951 J N O T IC E O F C A L L F O R R E D E M P T IO N 214 PE R C E N T T R E A S U R Y BONDS OF 1951-53 To all Banks and Others Concerned in the Second Federal Reserve D istrict: Following is the text of a press release concerning a public notice o f call issued by the Secretary of the Treasury: R E L E A S E , M O RN IN G N E W S P A P E R S , Tuesday, August 14, 1951.________________ The Secretary o f the Treasury announced today that all outstanding 2^4 percent Treasury Bonds o f 1951-53, dated December 22, 1939, due December 15, 1953, are called fo r redemption on December 15, 1951. There are now outstanding $1,118,051,100 o f these bonds. The 2 percent Treasury Bonds o f 1951-55, which are also callable on December 15, 1951, w ill not be called fo r redemption on that date. The text o f the form al notice o f call is as fo llo w s : TW O A N D O N E -Q U A R T E R P E R C E N T T R E A S U R Y B O N D S O F 1951-53 (D A T E D D E C E M B E R 22, 1939) N O T IC E O F C A L L F O R R E D E M P T IO N To H olders o f 2 1/± p ercen t Treasury Bonds o f 1951-53 ( dated D ecem ber 22, 1939), and Others C oncerned: 1. Public notice is hereby given that all outstanding 2 % percent Treasury Bonds o f 1951-53, dated December 22, 1939, due December 15, 1953, are hereby called fo r re demption on December 15, 1951, on which date interest on such bonds will cease. 2. H olders o f these bonds may, in advance o f the redemption date, be offered the privilege o f exchanging all or any part o f their called bonds fo r other interest-bearing obligations o f the United States, in which event public notice will hereafter be given and an official circular governing the exchange offering will be issued. 3. F u ll inform ation regarding the presentation and surrender o f the bonds for cash redemption under this call w ill be fou n d in Departm ent Circular No. 666, dated J uly 21, 1941. JOH N W . SN YDER, S ecretary o f the Treasury. TREASU RY DEPARTM ENT, W ashington, A u gust 14, 1951. Additional copies o f this circular will be furnished upon request. A llan S proul, President.