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FEDERAL RESERVE BANK
OF N E W YORK

T Circular No. 294 ]
[ J u l y 28, 1920 J

Cash Department

New Counterfeit $20 Federal Reserve Note
To all Banks, Trust Companies and Savings Banks
in the Second Federal Reserve District:
The attention of banking institutions is directed to another new counterfeit $20
Tederal Reserve Note described by the Treasury Department as follows :
" O n the Federal Reserve Bank of Atlanta, Georgia; check letter 'A';
plate number indistinct; W. G. McAdoo, Secretary of the Treasury; John
Burke, Treasurer of the United States; portrait of Cleveland.

This counter-

feit is a photographic production on two pieces of paper, between which silk
threads have been distributed.

The paper is thick and stiff.

seal and number have been retouched.
face of the note is indistinct.

The Treasury

Much of the small lettering on the

The back of the note has had green ink applied,

apparently with brush, but much of the photograph can be discerned in places
where the green ink was not applied, and even through the green ink."




Very truly yours,
J.

H.

CASE,

Acting Governor


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102