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X-3712
TREASURY DEPARTMENT
OFFICE OF THE SECRETARY
WASHINGTON

May 7, 1923

The Governor
Federal Reserve Board
Sir:

You a r e hereby advised t h a t t h e Department has r e f e r r e d t o t h e General
Accounting O f f i c e , C i v i l D i v i s i o n , f o r s e t t l e m e n t , t h e account of t h e Bureau
of Engraving and P r i n t i n g f o r p r e p a r i n g Federal Reserve n o t e s d u r i n g the
p e r i o d A p r i l 1 to A p r i l Z&, 1923, amounting to ^155,747.38, a s follows*.
Federal Reserve Notes. 1914
jesi.

m

Boston.
New York
Philadelphia... ...150,000
Cleveland......
Atlanta,.......

250,000
375,000
150 ,000
75,000
113,000

Minneapolis....
D a l l a s . . . . . . . . . . . . 25,000
San F r a n c i s c o . . . . . 1 0 0 . 0 0 0
1,425,000

25,000

"

**

50.000
.1,038,000

150,000
105,000
125,000
125,000
25,COO
—-•»

38,000
8,000
25.000
601,000

450
13,000

12,000

25,000

3,089,000 s h e e t s at ^50 .42 per M

To t a l
600,000
1,143,000
425,000
350,000
238,000
12,000
113,000
33,000
175.000
3,089,000

. . . .%>155,747.38

The charges a g a i n s t t h e s e v e r a l Federal Reserve Banks a r e as f o l l o w s :
Sheets
Boston
600,000
New York.1,143,000
P h i l a d e l . 425,000
Cleveland. 350 ,000
A t l a n t a . . . 238,000
S t . Louis. 12,000
Minneapoli»113,000
D a l l a s . . . . 33,000
San. F r a n . 175.000
3,089,000

Compensation
$>10,128.00
19,293.84
7,174,00
5,908.00
4,017.44
202.56
1,907.44
557.04
2.954.00
V52,142.32

Plate
Printing
Materials
$,9,570,080 V?,626,00
18,230.85
14,527.53
6,778.75
5,401.75
4,448.50
5,582.50
3,796.10
3,024.98
191.40
152.52
1,802.35
1,436.23
526.35
419.43
2.791.25
2.224.25
*49,269.55 ^39,261.19

I n c . ComTotal
pensation
30,252.00
4-2,928.00
57,630.06
5,577.84
21,428.50
2,074.00
17,647.00
1,708.00
11,999.96
1,161.44
605.04
58.56
5,697.46
551.44
1,663.86
161.04
8.823.50
854.00
*>15,074.32 *155,747.38

The Bureau a p p r o p r i a t i o n s w i l l be reimbursed in t h e above amount from t h e
i n d e f i n i t e a p p r o p r i a t i o n " P r e p a r a t i o n and I s s u e of F e d e r a l Reserve N o t e s ,
Reimbursable", and i t i s r e q u e s t e d t h a t your board cause such i n d e f i n i t e
a p p r o p r i a t i o n t o be reimbursed i n l i k e amount.
Respectfully,




s . R . JACOBS,

Deputy Commissioner.