Evening journal., 1918-11-11
'sF' q i||k!T33' k!3'S''1s BONDS
Trcasurs nnrtment Issues
lnstructipvs and Tells
P$edure
GIVES INuREST
PAYMENT DATES

TNsoaA'pa S-'s -NON. 11.-Dil~i4tu AZ
struotio1s 10 holders OF registered bonds
Q! the fcu" Libesiy Loans as TO trans
fsrs ead Interest payment, with tables
on the closing OF the transfer books.
have been issued bgs thc Treasury De-
partment. *. m-..
Many holders or these bonds receiving
nem in transfer app been confused on
Interest paymcaakSAd what they con-
sidercd delays In Gettipg checks.
All checks sor Interest on the bonds
ars mailed from pnc 10 two days before
the interest dF0Hholders Of record
IN the Treasufy yDehrtmcnt when the
transfer books ~slesed a month preyi-
ously. lzCk
Holders OF lelAssAsrtd bonds should
preserve the t3bies Of interest and
which follows:
Interest on registered bonds Of the
Liberty Loans is payable seml-annually
oh specified dates by means OF checks
drawn by the Secretary OF the Treas
TRY on The Treasurer Of the United
States IN favor.of the registered hold
eTs Of record on the dates the trans
for books close prior to the respective
interest payment dates. The fact that
bonds OF The First Liberty Loan or
bonds Of the Second Loan are converted
into bonds bearing a higher rate OF
interest does not affect the dates on
which interest is payable. Such dates
remain constant for the loan, and are
not affected by the act Of conversion.
The following are the dates on which
interest on the bonds is payable:
ION June IS and December 49,,
"Flrst Liberty Loan 3ls per cent
bonds Of i932-i947.
First Liberty Loan converted per
cent bonds Of t932-i9i7.
"First Liberty Loan converted Az per
cent bonds Of t932-i947.
"First Liberty Loan second converted
az per cent bonds OF t932-t947.
ION May i5 and November IS:
Second Liberty Loan 4 per cent
bonds OF i927-i9i2.
second Liberty Loan converted az
per cent bonds Of i927-i9i2.
ION March IS and September IS:
Third Liberty Loan 4A per cent
bonds Of 1923.
"On April IS and October IS.
Fourth Liberty Loan Az per cent
bonds OF i930-i93S.
Books Close for Month.
in order to prepare for the payment
OF interest the transfer books OF regis
tered bonds close one full month prior
to the interest payment date and re-
open on the day following the respect
i've interest payment dates. During any
period when the transfer books for any
particular loan are closed no transfer
OF registered bonds Of such loan or In
terchanges OF registered and coupon
bonds OF such loan will be permitted,
hut II requests for transfer OF any such
registered bonds or interchanges OF any
such registered and coupon bonds are
received during any such closer period
the requests will receive attention upon
the reopening Of the books.
"As indicated above the semi-annual
interest Will be paid to the person In
whose name bonds are registered as
shown by the books OF the Treasury
Department on the date the books close
regardless Of any disposition that may
be made by the registered holder dur-
ING the closed period. II coupon bonds
are presented for exchange for register
ed bonds during such closed PERIODS
the coupon next due should be detached
and collected in the usual manner:
"If registered bonds are presented Tor
exchange for coupon bonds during such
closed periods interest on such regis
tered bonds Will be paid In the usual
manner and the coupon bonds delivered
unon such exchange after the reopening
Of tho hooks viii have the coupon ma
fnring on the interest day for which the
hooks were closed and prior coupons
"The perIods during which the trans
fer hooks OF registered bonds OF the
respective Liberty Loans are closed
follow:
"First Liberty Loan Including bonds
issued upon conversion)-From close oil
business. May 80. to opening OF business
June i6 From close Of business May
IS 10 opening Of business December 10
"Second Liberty Loan (includinS
bonds Issued upon conversion)-From
close OF business, April IS, to opening
OF business, May i6; from close OF Dusi-
ness. October i5, to opening OF busl-
ness, November i6.
'sThird Liberty Loan-From close OF
business, February 10, to opening OF
business, March &c; from close Of busl-
ness, March 10, to opening Of business
September i6.
Fourth Liberty Loan-From close OF
business, March IS. to opening OF bust
ness, April i6; from close OF business
September IS. to opening OF business
October 4.
"In case any date for the closing OF
Che transfer books falls on a Sunday
or legal holiday the books will he closed
on the day preceding such date, and In
case any date for the opening Of tho
transfer books falls on a Sunday or
legal holiday the books will be opened
ID 81 .. IL.