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F E D E R A L RESERVE B A N K
O F N E W YORK

[Cirr
[Febr

Department

No. 341]
y 3, 1921.J

New Counterfeit $20 Federal Reserve Note
To All Banks, Trust Companies and Savings Banks
in the Second Federal Reserve District:
Another new counterfeit $20 Federal Reserve note is brought to your attei.- on.
The note is described by the Secret Service Division of the Treasury Departmei
in
its circular letter No. 459, as follows:
"On the Federal Reserve Bank of Chicago, Illinois; check letter 'A';
plate No. 142; D . F . Houston, Secretary of the Treasury; John Burke,
Treasurer of the United States; portrait of Cleveland.
"This counterfeit is printed from photo-mechanical plates of amateurish
workmanship, on a single sheet of paper of fair quality, without imitation
of the silk fibre of the genuine. The portrait of Cleveland is the most
noticeable defect; lacking the light and shade effects of the steel engraving
of the genuine., and many of the fine engraved lines are omitted from the
face.
"The number of the specimen at hand is G20999881A, and this number
will probably appear on all of these counterfeits as it is apparently a p a r t
of the plate from which the note is printed. The figures are black instead
of blue.
" T h e back of the note is dark green, and the fine lines of the lathe
work are not defined."




Very truly yours,
B E N J . STRONG,

Governor