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FE D E R A L R E SE R V E BANK OF NEW YORK Fiscal A g e n t o f the U nited States /"Circular No. 3 7 7 8 1 L November 13,1951J NOTICE OF CALL FOR REDEMPTION 2 % PE R C E N T T R E A S U R Y BONDS O F 1952-54 To all Banks and Others Concerned in the Second Federal Beserve District : Following is the text o f a press release concerning a public notice o f call issued by the Secretary o f the T reasury: R E L E A S E , M O RN IN G N E W S P A P E R S , W ednesday, November 14, 1951. The Secretary o f the Treasury announced today that all outstanding 2^2 percent Treasury Bonds o f 1952-54, dated M arch 31, 1941, due March 15, 1954, are called fo r redem ption on March 15, 1952. There are now outstanding $1,023,568,350 o f these bonds. The 2 percent Treasury Bonds o f 1951-53, which are also callable on March 15, 1952, will 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 : T W O A N D O N E -H A L F P E R C E N T T R E A S U R Y B O N D S O F 1952-54 (D A T E D M A R C H 31, 1941) 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 ^ 'percent Treasury Bonds o f 1952-54 ( dated M arch 31, 1941), and Others C oncerned: 1. P ublic notice is hereby given that all outstanding 2x percent Treasury Bonds /2 o f 1952-54, dated March 31, 1941, due March 15, 1954, are hereby called fo r redemption on March 15, 1952, on which date interest on such bonds will cease. 2. H olders o f these bonds may, in advance o f the redem ption date, be offered the privilege o f exchanging all or any part o f their called bonds for 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 fo r cash redemption under this call will be foun d in Department Circular No. 666, dated J u ly 21,1941. JO H N W . SN Y D E R , S ecreta ry o f the Treasury. TREASURY DEPARTM ENT, W ashington, November 14, 1951. Additional copies o f this circular will be furnished upon request. A llan Sproul, President.