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FEDERAL RESERVE BANK
OF NEW YORK

Government Bond
Department

[Circular No. 608]
Unne 2, 19 24J

Redemption of Treasury Notes and Treasury Certificates
Before Maturity
June 15th Notes and June 16th 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 the Second Federal Reserve District:

In accordance with Secretary Mellon's statement made public today we will,
until further notice, redeem in cash before maturity, at the holder's option, at par
and accrued interest to the date of such optional redemption, Treasury notes of
Series A-1924, dated June 15, 1921, maturing June 15,1924, and Treasury certificates
of indebtedness of Series TJ-1924, dated December 15, 1923, maturing June 16, 1924.




Very truly yours,
BENJ. STBONG,

Governor.