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1019 THLfiSUEY IEPAETMBNT WASHINGTON X-2047 November 1, 1920. The Governor, Federal Reserve Board. Sir: By d i r e c t i o n of the Secretary, you are advised that the Department has referred to the Auditor for the Treasury Department for settlement the account of the Bureau of Engraving and printing for preparing Federal Reserve notes during the period September 1 t o September 30, 1920, amounting to $190,241.40, as follows: Federal Reserve Notes, 1914. Total $100 #50 j£5_ M Boston « . . . 353,000 648,000 291,000 4,000 New York . . . 611,000 982,000 344,000 10,000 17,000 342,000 Philadelphia . 302,000 6,000 34,000 333,000 4,000 Cleveland. . . 272,000 7,000 21,000 29,000 1,000 Richmond . . . 1,000 — 967,000 Chicago . , . 516,000 300,000 16,000 135,000 — 202,000 S t . Louis. . . 202,000 281,000 San Francisco. 219*000 49,000 13,000 2 ,475,000 1,047,000 4,000 3,756,000 172,000 58,000 3,756,000 sheets at $50.65 . . . . . . . . . $190,241.40 m """ The charges against the several Federal Reserve Banks are as follows: Total Sheets Compensation Plate Materials Inc. Com'•paneation Printing Boston . . . 648,000 $10,886.40 $10,173.60 $8,819.28 $2,941.92 $32,821.20 4,458.28 49,738/30 New York . . 982,000 15,417.40 13,365.02 16,497.60 1,552.68 17,322.30 Philadelphia 342,000 5,369.40 4,654.62 5,745.60 1,511.82 16,866.45 Cleveland. . 333,000 5,228.10 4,532.13 5,594.40 50.65 Richmond . . 1,000 4.54 15.70 13.61 16.80 Chicago . . 967,000 4,390.18 48,978.55 15,181.90 13,160.87 16, 245.60 S t . Louis. . 202,000 917.08 10,231.30 3,171.40 2,749.22 3,393.60 San Franc isco£81,000 4.720.80 1,275.74 14.232.6E 4.413.70 3.824.41 3,756,000 $63, 100.80 ,969.20 51,119.16 $17,052.24 190,241.40 The Bureau appropriations w i l l be reimbursed i n the above amount from the i n d e f i n i t e appropriation "Preparation and Issue of Federal Reserve Notes, Reimbursable", and i t i s requested that your Board cause such i n d e f i n i t e approp r i a t i o n to be reimbursed i n l i k e amount. Respectfully, S. P. Gilbert,Jr. Assistant Secretary of the Treasury.