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FEDERAL RESERVE BANK OF NEW YORK Government Bond Department FCircular No. 5881 I February 1, 1924J Redemption of Treasury Certificates of Indebtedness Before Maturity March 15th Certificates May Be Cashed Now at Holder's Option To all Banks, Trust Companies, Savings Banks, Bankers, Investment Dealers, Principal Corporations and Others Concerned in tJie Second Federal Reserve District: In accordance with Secretary Mellon's statement made public today we will, until further notice, redeem in cash before March 15, 1924, at the holder's option, at par and accrued interest to the date of such optional redemption, Treasury certificates of indebtedness of Series TM-1924, dated March 15, 1923, and Series TM 2-1924, dated September 15, 1923, both maturing March 15, 1924. Very truly yours, BENJ. STRONG, Governor.