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FE D E R A L R E SE R V E BANK OF NEW YORK Fiscal Agent of the United States 6111 r C ircu la r N o . 4 L Ju n e 16, 1953 478 PERCENT FNMA NOTES OF SERIES ML-1958-B — Redemption at Maturity, June 26. 1958 — No New Issue to be Offered To A ll Banking In stitution s, and Others Concerned, in the Second Federal R eserve D istrict: The follow in g statement was made public tod a y: The Federal National Mortgage Association announced today that the $802,061,000 o f outstanding 4% percent Series ML-1958-B Management and Liquidating Functions Notes dated October 29, 1957, will be redeemed at maturity, June 26, 1958. According to FNM A President J. Stanley Baughman no part of this issue will be refunded, nor w i l l there be any other public financing by the agency in connection with this redemption. Both principal and interest will be payable at any Federal Reserve Bank or Branch or at the U. S. Treasury Department. A lfred H ayes, P resident. J