The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
. FEDERAL RESERVE BOARD WASHINGTON MarGh 21 1 1922. X-3364 SUBJECT: Treasury Currency Shipments. Dear Sir: There is enclosed herewith 1 for your information~ copy of letter addressed by the Under Secretary of the T:-sa2t'r/ to the Tre :::;s;.,:rer of tLe United States cc:.:r~ainiug instructions with respect to handling shipments of paper currency presented direct by banks and others to the Treasurer of the United States for redemption. Yours very truly} G o v e r n o r. (Enclosure) TO GOVERNORS OF ..lLL FEDE&L RESERVE &iNKS .. ' f ' .. X-3364a (COPY) March 17, 1922. Tha Honorable, The treasurer of the United Stat 3s. Dear Mr. Treasurer: In or~er th~t tary1s letter of i~arch the instructions embolied in the Secre- 61 1922.. may be carri:d out .cfectively, you 1;ill, until furth;;or notice .. L'lf,ko diract shipments of Unit0d States paper currar.. cy to bsr.ks and others ,;hich present United St~ tes paper currancy direct to the Treasurer of t.B United Statet; for redemption, instead of making such shipments through the Federal Reserve Bank of the district as contemplate.i by the Currency Regulations dc:tea Augu.::t 30~ 1S20. In making, such return ship<nents of currency direct to banks e.nd others you will be guided as to denominations and other.;ise by the instructions contained in the Secretary 1s letter of March 6 1522. 1 Until further notice you will apply the same pol icy in rneking return shipme:::ts of United States peper currency upon redemption of Federal Reserve notes .. Natione,l l~<nk notes and Federal Reserve Bank nctss presented direct to the Treasurer of the United Stet~s for red er.1p t ion. By direction of the Secretary: Respectfully, (Signod) S. P. Gilbert, Jr. CTn.Ier l:iecretary.
@FedFRASER