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305 FEDERAL RESERVE BOAR}) WASHINGTON ~y . Curtiss, Boston Jay, New York Au. s tin , Phil.;;;~. de lphie:a. Will~, Cleveland Hardy, Richmond McCord, At la.nta. Heath, Chicago IVT.artin, St ~Louis Subject: Cla.ssifica.tion of Victory Notes on Fo~ 15,1919. X-1537 Rich, Mizlne<:~.f o ~s~y, ~~s~s :as City Ramsey, l>J.lla.s Perrin, S~nFr~ncisco 34. Please include in your Fri<Ll.y night telegr<lm foro 31~ for lV!Ay 16 cmd subsequent weeks amount of. V~ctory notes on bd.r..d cod~ :{3AKE. Such notes should be r~p9rted sep~rately on ma.il form 34~ :Bo.a1·d •~ W!iel;.ly ba.nk st~tement will show one U.S. Government bond, two U.S .. Vi.ctory notes ..md three u.s. certific~tes of indebtedness instea.d of u.. e. long and short-term secv.rities as heretofore .. Plec;~.se !'Il;;.:l.ke sarta segregation in your own weekly press stJ,tement. Certific<:~.tes of indebtedness should include as heretofore e:a.ILOunts bought under Pi :tnb'~ Act .mel held to secure Feder.l.l Reserve b;;mk note circulation, .,!.}SO holdings under repurc~se agreements ~ holding$ of certificates issued in anticipation of taxes ~d Victory lo..m. BRODERICK.