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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.