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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, . 6 ;i',f._ ';i: