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FEDERAL RESERVE BOARD
WASHINGTON
address official correspondence to
the federal reserve board




X-6108
August 6, 1 9 2 8 .

SUBJECT:

Insurance Rates Covering Shipments
of C u r r e n c y , C o i n , B u l l i o n a n d
Securities.

Dear S i r :
For your i n f o r m a t i o n , t h e r e i s e n c l o s e d
h e r e w i t h a copy of a l e t t e r d a t e d J u n e 2 9 , 1928,
from the T r e a s u r y Department, a d v i s i n g t h a t the
D e p a r t m e n t u n d e r d a t e of J u n e 2 2 , 1928, a c c e p t e d
a p r o p o s a l s u b m i t t e d "by DeLanoy, Kipp a n d Swan,
I n c o r p o r a t e d , t o f u r n i s h p o l i c i e s of i n s u r a n c e of
f i v e d i r e c t w r i t i n g companies, c o v e r i n g shipments
of c u r r e n c y , c o i n , "bullion and s e c u r i t i e s , under
the Treasury Department, e f f e c t i v e J u l y 1, 1928.
Transmitted h e r e w i t h f o r your informat i o n i s a p h o t o s t a t i c copy of one of t h e i n s u r a n c e
policies.
Very t r u l y y o u r s ,

E . M. M c C l e l l a n d ,
Assistant Secretary.

Enclosures.
TO GOVERNORS OF ALL F . R . BAMS.