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5GS
FEDERAL RESERVE BOARD
WASHINGTON

February 9 , 1933<
2-878.

ADDRESS OFFICIAL CORRESPONDENCE T O
T H E FEDERAL RESERVE BOARD

Dear Mr.
In connection with a study of currency movements, we
a r e i n t e r e s t e d i n knowing the extent to which the c i r c u l a t i o n of b i l l s of l a r g e denomination has i n c r e a s e d since
the end. of 1929.

In order to complete t h i s p a r t of the

study we need a c l a s s i f i c a t i o n , by denominations, of
gold c e r t i f i c a t e s h e l d by the Federal r e s e r v e a g e n t s .
We should a p p r e c i a t e i t , t h e r e f o r e , i f you would send
u s a statement of your holdings a t the end of each
month from December

31,

1929

to January Jl,

1933ยป b y

denominations, as i n d i c a t e d on the enclosed form.

The

t o t a l s on t h i s form should agree with the t o t a l s r e p o r t e d on Form 4 4 - a ,
Very t r u l y your a,

E. L. Smead, Chief,
Division of Bank O p e r a t i o n s .
Inclosure.

LETTER TO ALL FEDERAL RESERVE AGENTS*



DENOMINATIONS OF GOLD CERTIFICATES HELD BY FEDERAL RESERVE AGENT

563

Federal Reserve Bank of
( I n thousands of d o l l a r s )
End of
month d a t e s

Tens

Twenties

Fifties
and o t e r

Total

1929-Dec.
m

Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1931-Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1932-Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1933-Jan.




(B-87Sa)