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369 I!X 0PI'IC:IO W. P. G. HARDING. GoVUNOW ALlERT STRAUSS. VICI GOVIRNOW ADOLPH C. lULL! II CHAitLIS &. HAMLIN HENRY A. MOEHLENPAH MEMBII~S DAVID F. HOUSTON SECRITA&J.Y Of' 'THE TREASURY 'I' CHAJRtiAN JOHN SKELTON WILLIAMS FEDERAL RESERVE BOARD COMPTROLLER OF THE CURRENCY 111. T. CHAPMAN. SECRETARY II. G. EMERSON,ASSIITANT S.ECRITAIY ADDRESS REPLY TO f"EDERAL RE:SJ::RVE BOARD 1!1, M.I .. LAY, WASHINGTON April 15~19204 X-1902 Subject: Non-Par List. Dear Sir:The Federal Reserve Board is considering the issuance of a non-par list in order that the merchantsr manufacturers and business n;en of the country rr•aY have means of ready reference in determining whether or not a check is collectible at ~ar through a Feder31 Reserve Bank. This matter was discussed at the recen.t conference of the Governors of Federal Reserve B:ml.rs, and you are requested to have tran~~itted to the Board as early as convenient, throuqh the pro~er official of your barik, a list of all batiks of de0osit in your district, checks u-pon which cannot be collected at par either direct or through agencies. This letter is being sent in identic fonn to each Chairman and if no aclcnowledgment is made, it will be taken as evidence that there are no non-par b::u:iks in the district from which no reply is received. Very truly yours, Governor. To Chq irmen of .Ul F .R. Banks. FII~AL ~~I"T
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