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Show MAY CONVERT BONDS. The Gunnison Valley bank, which was recently made a member of the federal reserve banking system, has just received the following notice from the federal reserve hank at San Francisco, advising on the conversion of the 4 per cent bonds: "The attention atten-tion of holders of first Liberty loan converted 4 per cent bonds is drawn to the fact that they have the privilege of converting such bonds into first Liberty loan converted 4 V; , per cent bonds if presented to reach the federal reserve bank of San Francisco Fran-cisco on or before June 14, 1920. This conversion will entitle the bondholder bond-holder to earn interest al 4 1 ', per - cent commencing June 1920. If i first Liberty loan converted 4 per . I cent bonds are not presented to reach 1 the federal reserve bank of San Fran-" Fran-" j Cisco on or before June 14. 192n. -they will still !e convertible into bonds bearing 4 '4 per cent interest. 1 but the increased rate of interest i will not commence until December ; 15, 1920." |