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\Y. P. G. HARDING, GOVERNOR EX·OFFICIO MBMBI:RS PAUL M. WARBURG, VICE GOVERNOR FREDERIC A. DELANO ADOLPH C. MILLER CHARLES S. HAMLIN WILLIAM G. MCADOO SECRETARY OF THE TREASURY CHAIRMAN JOHN SKELTON WILLIAMS H. PARKER WILLIS, SECRETARY FEDERAL RESERVE BOARD COMPTROL!..ER OF HIE CURRENCY SHERMAN P. ALLEN, ASST. SECRETARY AND FISCAL AGENT ADDRI:SS REPLY TO WASHINGTON FEJ:Ill:RAL. RESERVE BOARD April 30, 1918. X-911 Dear Sir: The Board has been advised that since January 1, 1918, the cost to the Federal Reserve banks· for the engraving of plates has been $130. for each original and $120. for each duplicate plate. As 50,000 sh~cts are about the rrax~ number which can be printed before a plate becou.es too vvorn for further use, several duplicate plates will be required before tho order recently placed by the Board for the printing of $1001 000,000 of Federal Reserve bank notes of the !ht dollar denomination for completed. tht~ various Federal Rese!'Ve banks, can be In order to faci1itate the printing of these notes, there- fore, the Board deems it advisable that additional plates be prepared fer the respective Federal Reserve banks as follows: Boston New York Philadelphia Cleveland Richnlond Atlanta l 11 2 2 l l Chicago St. Louis Minneapolis Kansas City San Francisco 4 l 1 l 1 The law require~ that the expehse Of preparing these plates l I rrust be borne by the Federal Reserve banklil. ln order tQ savQ time 1 the Board has entered an order for the preparation of the plates for the respective ·Federal Reserve banks indicated above, and weuld requast that you file a formal order for the preparation of the additional plate or plates £~r your bank, in confirrration of th~ Board's action. Very truly yours, Governor.
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