The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
- ' I IDe 0PI"'CIO 585 MEMBER. W. P. II. HARDIN&. IIOYIRMOR ALBERT STRAUSS, VICI GOVERNOR CARTER IILAlll ADOLPH C. MILLER CHARLES S. HAMLIN SICIIIAIY OF THE TRIAIURY CHAIRMAN JOHN SKELTOI WILLIAMS COMPTIOLJ.&R OP THI CURRENCY FEDERAL RESERVE BOARD 1 J. A. BRODERICK, SECRITARY W. T, CIIAPMAN. ASSISTANT SECRETARY ~ W. M.IIILAY, FISCAL AGENT WASHINGTON ADDRESS REPLY TO FEDERAl. RESERVE BOARD August 11, 1919. X-1650 SUbject: Printing Requirements of Federal Reserve Notes. Dear Sir: The Bureau of Engraving and printing has advised the Board that the present statement furnished the Bureau, giving, by denominations:, the minimum balance ot Federal Reserve notes ot each Federal Reserve Bank required to be maintained in Waehingtcm, is not sa.tisfactoey. '!'he Bureau. desires a schedule showing the average daily printing require~ts of Pederal. Reserve notes ot each Federal Reserve BSDk covering a given period, and the Board, theretol"8, requests that you forward to it, soon as practicable, an estimate of the daily amount of Federal Res~rve notes and Federal Reserve !ank notes, by denominations, which you believe should be printed for your Bank during the three months - september, October and November. as It is planned to fumisb the Bureau with a printing estimate eve;ey three month&, but an:! Federal Reserve Bank l'nlq" revise its estimate at any time in ease new conditions justify. Upon receipt· of this information from all ·Federal Reserve Banks, the Board, wUl prepare a schedule and forward it to the Bureau of Engraving and Printing for their gu.id.anea in me~ting the reqUj.zoementa of the Fed:eral Reserve Banks in the printing of I'ederal Deeerve :00'-• . Very ~r tows; Acting Assistant Secretaey-. LE'l'TJi:R SENT ro CHAIRMAN OF .1iLir BANKS •