South Bend news-times. (South Bend, Ind.) 1913-1938, 1918-12-17
MAY CASH IN WAR
SAVINGS STAMPS
Series of 1918 May Also be
Exchanged For New
Issue.

According to an authorized state
ment just received by local War
Savings officials from William J. Nc
AdoO, secretary of the treasury. the
period from Jan l to Jan. 10 inclu-
sive, has been designated as the time
for the redemption of War Savings
certificate stamps of the 1918 series.
Banks and trust companies are in
structed to make this collection or
redemption only to persons who are
duly authorized agents of the first
class. The statement from the
treasury department follows:
From Jan. ! TO Jan. 10, 1919. in
elusive, each Federal Reserve bank
and branch thereof, and any incOr-
porated bank or trust company, is
authorized to receive from an au-
thorized agent of the first class war
savings certificate stamps, series of
1918, for collection or for exchange
Jf the same for war savings GER
tiicate stamps, series of 1919. and
United States thrift stamps. with
cash adjustment i'm the fOllowins
manner:
The aggregate value of war saw
ings certificate stamps, series Of
1913. received from such authorized
agent Of the first class for exchange
shall be computed at the price Of
S4.24 for each such war savings Ger
tifcate stamp. The bank or trust
company making the exchange shall
then deliver, in exchange therefor TO
such authorized agent of the first
class. war savings certificate stamps,
series Of 1919, computed at the
price of S4.12 each 10 the extent
+ that the same may be delivered
without exceeding the aggregate
value of the war savings certificate
stamps series of 1918. received for
f exchange and computed as above re-
uuired ANY balance remaining Of
such aggregate value shall be paid
by delivery Of L. {. Thrift Stamps
at 20 cents each, 20 the extent that
may he done without exceeding such
balance. and any balance remainins
shall be paid i'm cash such exchange
may be made only on presentation by
the authorized agent Of the first
class Of his certificate Of appoint
ment for sale of war savings Ger
tihcate stamps. series of 1918, bear
ing facsimile signature Of the secre-
tary Of the treasury.
Banks Have Stamps
AN incorporated bank or trust
company receiving war savings Ger
/ tifcate stamps. series of 1918. for
collection or exchange j. authorized
I 10 deliver on or before Jan. 20. 1919,
such war savings certificate stamps.
series Of 1918. so received 10 the
T Federal Reserve bank of its district,
together with a statement setting
forth the name OF the authorized
gent OF the first class from whom
T the same may have been received.
and the number OF stamps received
from such agent on receipt there
/ OF the Federal Reserve bank, as fiscal
agent Of The United States. will pay
such bank or trust company S4--4
/ in respect Of each war savings GER
tf6cate stamp. series of 1918. so de
/ livered or. al the option Of such
bank or trust company. viii deliver.
t in lieu OF paying cash. war savings
certificate stamps series Of 1918,
I computed at s412 each, and C. :
thrift stamps computed at . cents
each. and cash 20 an aggregate not
/ exceeding the aggregate value OF the
war savings certificate stamps. series
4 CONTINUED on PAGE FOUR.)