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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.