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FEDERAL RESERVE BANK
OF NEW YORK

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[Circular No. 4311
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[January 13, 1922J

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Certificates of T
Indebtedness

Treasury Certificates Maturing February 16, 1922
Redeemable in Cash
At Holder's Option on and After January 16, 1922

To all Banks, Trust Companies, Savings Banks, Bankers, Investment Dealers
and Principal Corporations in the Second Federal Reserve District:

The Secretary of the Treasury has authorized this bank on and after Monday,
January 16, 1922, and until further notice, to redeem in cash before February 16,
1922, at the holder's option, at par and accrued interest to the date of such optional
redemption, Treasury certificates of indebtedness of Series A—1922, dated May 16,
1921, maturing February 16, 1922.




Very truly yours,
BENJ. STRONG,

Governor