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FEDERAL RESERVE BOARD
WASHINGTON

x-36g4
April 6, 1923.
SUBJECT:

Shipments New Federal Reserve Notes.

Dear S i r :
In compliance with a j o i n t suggestion of the Post
Off ice a u t h o r i t i e s and the Secret Service and a s an a d d i t i o n a l
safeguard and p r e c a u t i o n a g a i n s t l o s s in the shipment of
Federal Reserve notes the Board r e q u e s t s t h a t i n t h e f u t u r e
a l l r e q u i s i t i o n s f o r Federal Reserve notes in denominations
of f i v e hundred d o l l a r s and upwards s h a l l include a r e q u e s t
f o r a small amount of lower denominations, p r e f e r a b l y f i v e s
or t e n s , i n order to avoid so f a r as p o s s i b l e , shipments of
l a r g e amounts in p a r t i a l l y f i l l e d pouches. The p o s t a l
a u t h o r i t i e s and the Secret Service a r e of the opinion t h a t
the danger of l o s s i s g r e a t e r from a r e g i s t e r e d pouch which
i s only p a r t i a l l y f i l l e d than one f i l l e d to i t s c a p a c i t y b e cause of the f a c i l i t y with which i t might be removed from a
shipment and the suggestion i s made t h a t such shipments cont a i n a s u f f i c i e n t number of packages to f i l l a pouch.
Very t r u l y yours,

Walter L. Eddy,
Assistant Secretary.

To a l l Federal Reserve Agents.




O

r

FEDERAL RESERVE BOARD
WASHINGTON

X-3687
A p r i l 7 , 1923.

SUBJECT:

Discontinuance Weekly R e p o r t , Form S t . 1752*

Dear S i r :
I n view of the f a c t t h a t t h e Treasury Department has a r r a n g e d with t h e Federal Reserve Banks
and Branches to r e p o r t t o i t d i r e c t a s of the c l o s e
of b u s i n e s s on F r i d a y of each week t h e i r h o l d i n g s of
U. S. s i l v e r and minor c o i n , you a r e advised t h a t t h e r e
i s no l o n g e r any need of the banks c o n t i n u i n g to a d v i s e t h e F e d e r a l Reserve Board of t h e i r coin h o l d i n g s
each weak on Form S t . 1752*
Very t r u l y y o u r s ,

Walter L. Eddy,
Assistant Secretary.

TO GOVERNORS OF ALL F. R. BANKS-




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