Home Owners' Loan Corporation of United States, 1½ percent bonds of series F-1939, dated and bearing interest from June 1, 1935, due June 1, 1939, interest payable June 1 and Dec. 1, offered only in exchange for Home Owners' Loan Corporation 4 percent bonds of series of 1933-51 called for redemption on July 1, 1935.

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