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21186
FEDERAL RESERVE BOARD

X-9000

WASHINGTON
address official correspondence t o
t h e federal reserve board

October 29, 1934
SUBJECT:

Issuance of Federal Reserve
notes at Branches of Federal
Reserve "banks.

Dear Sir:
Replies have "been received from the Federal reserve agents
to the Board's l e t t e r of August 25 (X-7992) on the above subject and,
a f t e r careful consideration of such r e p l i e s , the Board i s of the
opinion that no Federal reserve notes should be i s s u e d , except upon
s p e c i f i c authority, i n each case, of the Federal reserve agent or
an a s s i s t a n t Federal reserve agent at the Head O f f i c e .
I t w i l l be appreciated, therefore, i f instructions to t h i s
e f f e c t are issued to a l l persons designated to act for you i n the
issuance of Federal reserve notes at the Head Office and at each
branch of the Federal reserve bank.
Very truly yours,

Chester Morrill,
Secretary.

TO ALL F. R. AGENTS EXCEPT BOSTON AND PHILADELPHIA