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Show MRU rW.iluu 10 BE REPAID Certificates of 1918 Vill Be Repaid in Cash or New Certificates ! WASHINGTON. Nov. 13. Arrange-j ments for handling 1625,000,000 of war savings er! II ic; t es of I f 1 1 S whl h mature January 1. were announced by Becretary Mellon, who si id they were ' In the hands of millions of holders j ' For their convenience.'' the state-j state-j men! said, "the treasury is offering special facilities for cash redemption lor exchange into treasury savings certificates cer-tificates of the scries or 193, including includ-ing provision of presentation before I. January 1, 1023." The proposed exchange is part of I tbe treasury's program for funding the abort dated debt, of which about ? 3.000. OOO.ioKi remains to be runded by the end of the present fiscal year. TVl O Ml THOD6 OPEN "Beginning November 15. 1922." Mr Mellon explained, "holders of 191S war savings certificates can exchange them at maturity value for treasury savings certificate d.ited January 1, 1 923 and at the same time can get advance payment pay-ment of any cash difference by tak-l tak-l Ing the largest amount of treasury certificates that their war savings cei-; cei-; t if lcatcs taken at maturity value will I cover. Exchanges after January 15. 1 922. with any necessary cash adjust-inents. adjust-inents. Will he made as of the date of j exchange. Holders will not be able to make cash redemption of their cer-tlficates cer-tlficates before maturity, but begin- j nlng November 15, 1922. may present I th m in advance tor redemption as of January I, 1 923. and in that event, will receive on or about January 1. 1 923. checks payable to their order Covering the redemption value. WHEN REGISTERED "Registered war savings certificates j must be presented to the postofflce . WherS registered. hut unregistered Certificates, any federal reserve bank or branch or ihr treasury of Washington." |