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.- W. P ••• HARaJNG, GOYEJtNOR 728 EDMUND PLATT, VIC! &eYI.RKOR lEX OPP'ICIO MIEMII•M ADOLPH C. MILLER CHARLIIS I. HAMLIN DAVID F. HOUSTOH HEIIIIY A. MOEHLENPAH SICIJITABY OP' THI TIUISUitY CHAIRMAN FEDERAL RESERVE BOARD ~OHM SKELTON WILLIAMS CeMPTI.LLIIJ C>F THE CURRIHOY W. T. CHAPMAN, SBCRETARY R. G. EMERSON, ASSiSTANT SECRETARY ADDRESS RE"'LY TO FBDERALRESERVEBOARD WASHINGTON \"1. M. INLAY, FISCAL Afili:NT X-c:COU August 23, 1920. SUBJECT: Report of Currency Operations. Dea.r Sir: In order to assist the Banks in the preparation of their monthly reports on currency operations requested in the Board's letter of August l0th1 X-19921 the Board has amplified several of the captions of accounts on this form and is having a new supply printed~ containing these changes; which will go forward to you in the course of the next week or ten days. In order that you may be advised of these changes immediately to assist you in the compilation of your records in connection with the rendition of this report 1 there is given on the attached sheet a list of the captions of accounts in the order in which they will be shown on the revised F. R. B. Form 160. It will be noted that the caption "Recaived by Bank during report period" has been changed to read ".Rece~ved and counted by Bank during report period". It is intended that reports on Form 160 will 'only include currency actually counted during the report period. The Board desires that each Federal Reserve Bank render with its report a separate statem~nt showing the total amount of unsorted currency on hand which should agree with item B.\RK on Form 34~ and, in case it is the pra~tice of any bank to estimate by kinds its unsorted currency on hand the Board will appreciate receiving this information also. 'r'' •• 729 - 2 - X-C::OOO As stated in its letter of August lOthi teferred to above, the Board desires a separate report giving ihe operations of each kind of paper currency, as follows: Feder3.l Reserve notes, Federal Reserve Bank notes, United Stat.ee, notes, Silver certificates, G·old certificates, National Bank notes. As it was thought most desirable to have one form to be used in reporting operations in all kinds of currency rather than separate forms, it will be apparent that Form 160 mast not be interpreted literallyQ Very truly yours, Assistant Secretary • . To all Chairmen• •• •• X-2000-a.. BALANCE ON HAND LAST REPORT DATE •••••••••••••••••• :.192 ••.• Comptroller of Currency- New ••. Subtreasuries- New •••••.• F. R. Agent New .••.•..•. fl Fit for use ••••••••.. Unfit for use ••••.••••. Vault of F. R. Bank New ••••.••••. .• If• Fit for use •••••.• Unfit for use.~··· " •••••••• Total ..... ....... .. "'" ...... RECEIVED AND. COUNTED BY BANK DURING REPORT PERIOD: Fit for use •••.•••.•...• ;.Unfit for use ••••••••••.•• Sub-total ••••••...• .... New .................. . ... Total Receipts ••••• Sent to u. s. Treasury for redemption •••....•••••• F. R. notes returned to Agent: "II Fit for use ••••.••••• Unfit for use •••••••• TotaL ..... PAID OUT BY BANK DURING REPORT PERIOD: .. .... ... . ..... . New ••••••• .............. Fit for use ..•••. . Total ••••••••.• BALANCE ON HAND ••••.•.••. ...... . " .............. . . . • . . . . .·192 •••. Comptroller of Currency -New ••• . .. . . Subtreasuries- New •••• .. F. R. Agent New ••.••• "tt Fit for ase •••••••..•.....•.. Unfit for use ••••••. " F. R. Bank Ne"Mv • ••••••••• : Vault of Fit for use ... " Unfit for use. .. ...... . .. . ... ... ...... ............... . 11 " . •••••••••••• Total . ................. ,. .......................... . _It 730
@FedFRASER