View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL RESERVE BOARD
WASHINGTON

X-3804
August 3, 1923•
SUBJECT:

CHANGE IN. RATE FOR PRINTING F.EDERAL RESERVE NOTES.,

Dear Sir:
For your inf orn:.a ti on, I would state t bat the
Board is in receipt of a communication from the D1rector
of the Bureau of Engraving and Printing, advising that
"the rate to be charged for Federal reserve notes until
further notice will be $42.50 per thousand sheets. This
is a reduction of $7·92per thousand sheets, conpared
with the rate for the fiscal year 1923· u
Very truly yours,

Walter t. Eddy,
Assistant Secretary.

TO ALL FEDERAL RESERVE AGENTS.