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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.