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Show LIBERTY BONDS SHOULD RECONVERTED RE-CONVERTED : San r.inclsco, May 14. In connection connec-tion with exchange of temporary Liberty Li-berty bonds of the second and third loans and converted First Loan bonds for permanent bonds carrying carry-ing the full number ot Interest cou-j pons, the Federal Reserve bank of San Francisco announces to holders of tour per cent bonds of the second. Liberty Loan that they still have the privilege ot converting such bonds Into bonds bearing four and one quarter per cent Interest, known as second Liberty Loan. Converted four and one quarter per cent bonds If presentation Is ' made through banks to reach the Federal Reservo bank ot San Francisco on or beforo May 14, tho Increased rate of, one quarter ot one per cent will becomo effective commencing the following day. Second liberty loan four per cent bonds presented, on or after May 15 will still be convertible Into four and one quarter per cent bonds but the increased rate of Interest' will-riot become effective until next November. . It 1b," therefore, tot the Interest ot holders of second" liberty loan four per cent bonds that they pro-sent pro-sent their bonds lor exchange and conversion Immediately," "says tho Federal Reserve Bank's announcement. |