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FEDERAL RESERVE BOARD WASHINGTOr-,1 ADDRESS OFFICIAL CORRESPONDENCE TO THE FEDERAl. RESI!.ftVE BOARD X-6261 March 11, 1929. Dear Sir: There are enclosed herewith copies of letters addressed to the Board by the Treasury Department, under date of February 14t4 and March 8th, ~ith regard to arrangements which have been made by the Treasur;y Department with Mr. George H. Blake for the preparation of a complete collection of currency specimens. The Board requests that your bank cooperate >7i th the Treasury De)artment in this matter to the fullest extent. Very truly yours, R. A. Young, Governor• • TO GOVERNORS OF ALL F. R. BAln\S. (En3losures} TREASURY DEPARTME1TT Washington February 14, 1929. Dear V~r. Eddy: As you know the De~artment has accepted the cooperation of Mr. George H. :Blake for the completion, so far as possible, for the Treasurer of the United States, of a set of specimens of paper currency issued by the United States. procedure ~ractically Under existing all currency received from circulation is canceled at the Federal Reserve Banks and any pieces which otherwise might be ?reserved as specu~ens properly to serve the purpose. are so mutilated as not The established policy of the Department to retire certain kinds and certain denominations of currency, and the pending issue of the small size currency, suggest the advisability of attempting to secure at this time, and reserve from cancellation, the specimens needed to complete the collection. Accordingly, will you please instruct the Federal Reserve Barnes if in assorting currency received from circulation specimens of uncurrent issues are observed, that such specimens be omitted from cancellation, and that they be forwarded to the Treasurer of th~ United States, Redemption Division, uncanceled, by registered mail insured, as transfers of funds. In this connection, the directions given in paragraphs 19 and 20 of the currency instructions of January 31, 1929, with respect to Treasury notes of 1890, may be £]1 ~· ;_;. t~ Nt...~'- -2- followed. X-6261-a Shipments of such uncurrent currency should be made in- frequently, yreferably monthly, and'invariably as separate items. Uncurrent issues may be defined, for United States currency, - aey series prior to the series now issued or issuable, and for National bank notes, - any notes prior to the series of 1902. Federal reserve notes and Federal reserve bank notes are not included in this request. Very truly yours, (S) OGDEN L. MILLS Undersecretary of the Treasury. Walter L. Eddy, Esq., Secretary, Federal Reserve Eoard. ~~ X-6261-b TREASURY DEPARTMENT Washington March 8, 1929. ])ear },ir. Eddy: As an aid in completing the DeFartmentts collection ~f S9ecimens of currehcyj in Department's letter of February 14, 1929, you we~e requested to ask Federal Reserve Eanks to forward uncanceled certain oh~olete money if detected in assortment. issues of paper It now appears in order to make the collection complete that certain issues of Federal reserve notes and Federal reserve bank notes are required. Your further courtesy will be appreciated if you will ask the Federal Reserve Banks concerned to be on the outlook for the notes in question which are set forth in the accompanying list. Very truly yours, (S) Henry Herrick ]ond Assistant Secretary of the Treasury. Walter 1. Eddy, Esq., Secretary, Federal Reserve Eoard. Enclosure. f) '}t-i ~U)1 X-6261-c COPY LIST 0;[ FEDERAL :BESERVE NOTES NEEDED FOR COLLECTION RED SEALS ~lli_~_!QQ_t!_QO :Bostoh ~ $50 Philadelphia ~ $50 $100 .... Cleveland - $10 Ric:b.mond - $10 $20 - $100 Atlanta $5 $10 $20 $50 $100 - $50 - Chicago St. Louis $5 - $20 Minneapolis $5 $10 $20 Kansas City $5 - $20 Dallas $5 $10 $20 $soc $1,000 $5,000 $10,000 $100 $50 :BLUE SEALS :Boston $5· $10 New York $5 $10 $20 $50 Philadelphia $5 $10 $20 $50 Cleveland $5 $10 $20 $50 Richmond $5 - $50 - $50 $100 Atlanta $20 $50 $100 $500 $1,000 $5,000 $10,000 $500 $1,000 $5,000 $10,000 $500 $1,000 $100 - $10 $20 $50 $100 $500 $1,000 $5, ooo· St. Louis $5 $10 - $50 $100 $500 $1,000 $5,000 Minneapolis $5 $10 $20 $50 $100 $500 $i,ooo Kansas City $5 $10 $20 $50 $100 $500 $1,000 Dallas $5 $10 - San Francisco $5 $10 $20 Chicago $50 $100 $500 $1,000 $100 $1;000 $50 $500 $10,000 $5,000 $10;000 ()Pf.."\ ,<;.it.) C) CoPY X-6261-d LIS~ OF FE~ g&ERvE BA}gQTES NEEDED :roR COLiiCTION ' ALL BLUE S:Bl.ALS J; 1:.1 $1 $2 $5 $10 :Soston $1 $2 $5 Nevr York $1 $2 $5 $10 Philadelphia $1 $2 $5 (None above $5) Cleveland $1 $2 $5 (None above $5) Ricbmond $1 $2 (None above $2) Atlanta $1 $2 $5 $10 $20 (None above $20) Chicago $1 $2 $5 $10 (None above $20) St. Louis $1 $2 $5 $10 $20 $50 Minneapolis $1 $2 $5 (None above $5) Kansas City $1 $2 $5 $10 $20 Dallas $1 $2 $5 $10 $20 (None above, $20) San Francisco $1 $2 $5 (None above $5) , $20 $50 (None above $5) 0Tone above $1d) $20 (None above $50) (None above $20) All the above are wanted with signatures of Teehee and Burke and Elliott and Burke. . The higher denominations are contingent upon having issued. ~ n