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W. P: G. HAROING, GOVERNOR
PAUL M. WARBURG, VICE GOVERNOR
FREDERIC A. DELANO
ADOLPH C. MILLER
'CHARLES 5. HAMLIN

£xe0FPICIO MEMBERS

WILLIAM G. McADOO
SECRETARY OF THE TREASURY
CHAIRMAN

·JOHN ~KELTON WIL,IAMS
COMPTROLLER OF 1 HE CURRENCY

.

'

FEDERAL .RESERVE BOARD
WASHINGTON

H. PARKER WILLIS, SECRETARY
SHERMAN P. ALLEN, ASST. SECRETARY
AND FISCAL AGENT
ADDRESS ftBPLY TO

FEDERAL RESERVE BOARD

CONFIDENTIAL.
.Augl.ist 6, 1918.
X~llll

Dear Sir:
In connection with the American Bankers Association Code
now used for transactions in the Gold Settlement Fund~ ·you.will please
add the four special code words, as follows.:
SETONKNAB - You are advised that acting under your power of
attorney the Federal Reserve Board has today
requested the Secretary of the Treas~ry to deposit with the Comptroller of the Currency two
per· cent eertiffcate!'J ·of indebtedness in the
amount oi $
to.be held as security for
your issue of'Federal Reserve ~nk notes~ Upon
receipt of telegraphic advice .from the .Secretary
of the Treasury that he has deposited certificates
· of indebtedness for like amount., for your account,
you will please credit the Treasurer of the United
States, in general account, to cover.
·
EVRESER

- The Comptrolle·r of the Currency has been requested
to send to you Federal Reserve .bank n.otes in amOUI\ts
and denominations as follows:
·

UREDEF

There is being shipped to you Federal.Reserve bank
notes of Federal Reserve Bank of
$ _ __
Your account in Gold ·Settlement Fund is being· ·
charged accordingly.

REDLETTER - Your account Gold Settlement Fund is being credited
$
account of your -----:-~ Federa:l. Reserve
bank notes being ~hipped to Federal Reserve Bank - - - Very truly yours,

Assistant Secretary.
The Governor.,
Federal Reserve Bank, .




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