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FEDERAL RESERVE BANK
OF NEW YORK
Fiscal Agent of the United States

Circular No. 1774, August 27, 1937 -I
Reference to 1932 Treasury
Department Circular No. 92 Revised,
as amended.
J

[

Special Deposits of Public Moneys Under the Act of Congress
Approved September 24, 1917, as Amended

To designated special depositaries of public moneys and other
banks and trust companies in the Second Federal Reserve District:

There is enclosed a copy of the Seventh Supplement dated August
21, 1937, to Treasury Circular No. 92 (Revised).

s




GrEOBGE L . HARRISON,

President.

SPECIAL DEPOSITS OF PUBLIC MONEYS UNDER TOE
ACT OF CONGRESS APPROVED SEPTEMBER 2 4 , 1917
AS AMENDED
1937
S e v e n t h Supplement
Department C i r c u l a r No. 92
(Revised)

TREASURY DEPARTMENT
Office of t h e S e c r e t a r y
Washington, August 2 1 , 1937

Accounts and D e p o s i t s
TO FEDERAL RESERVE BANKS AND OTHER BANKS A D
N
TRUST COMPANIES INCORPORATED UNDER THE
LAWS OF THE UNITED STATES OR OF ANY STATE:
Treasury Department C i r c u l a r No. 92, d a t e d February 2 3 , 1932, a s
amended, i s hereby f u r t h e r amended t o i n c l u d e Mutual Mortgage Insurance
Fund Debentures i s s u e d under t h e N a t i o n a l Housing A c t , and S e r i e s B
Commodity Credit Corporation C o l l a t e r a l Trust N o t e s .
Paragraph 1 1 ,
t h e r e f o r e , under t h e caption " C o l l a t e r a l S e c u r i t y " w i l l read a s follows:
" 1 1 . FEDERAL LAND BANK BONDS, BONDS ISSUED UNDER
THE FEDERAL FARM MORTGAGE CORPORATION ACT, OBLIGATIONS OF THE RECONSTRUCTION FINANCE CORPORATION,
OBLIGATIONS OF FEDERAL HOME LOAN BANKS, HOME OWNERS'
LOAN CORPORATION BONDS, MUTUAL MORTGAGE INSURANCE
FUND DEBENTURES ISSUED UNDER THE NATIONAL HOUSING
ACT, AND SERIES B COMMODITY CREDIT CORPORATION
COLLATERAL TRUST NOTES. Bonds of t h e F e d e r a l Land
Banks, bonds issued under t h e F e d e r a l Farm Mortgage
Corporation Act, o b l i g a t i o n s of t h e R e c o n s t r u c t i o n
Finance C o r p o r a t i o n , o b l i g a t i o n s of t h e F e d e r a l Home
Loan Banks, bonds of t h e Home Owners 1 Loan Corporat i o n , Mutual Mortgage Insurance Fund d e b e n t u r e s
i s s u e d under t h e p r o v i s i o n s of T i t l e I I of t h e Nat i o n a l Housing Act, approved June 2 7 , 1934, i n c l u d i n g
interim certificates issued therefor, and Series B
Commodity Credit Corporation collateral trust notes;
a l l at face value."




(Signed)

Wayne C. Taylor

Acting Secretary of the Treasury

(v3)

FEDERAL RESERVE BANK
OF N E W YORK

August 28, 1937.

NEfl COUNTERFEIT
To Member Banks in the Second Federal
Reserve District and Others Concerned:
Circular letter No. 696, dated August 26, 1937, of the TreasuryDepartment, Secret Service Division, describes a certain new counterfeit as follows
$5 SILVER CERTIFICATE
Series of 1934; check letter variable (B, C and E appearing on
specimens showing to date); face plate No, 415; back plate No, 786;
W. A. Julian, Treasurer of the United States; Henry Morgenthau, Jr.,
Secretary of the Treasury; portrait of Lincoln,
This counterfeit is printed on a single sheet of poor quality
bond paper, from photo-mechanical plates of ordinary workmanship, and
the face and back are about three-eighths of an inch shorter than the
genuine. The portrait is lifeless and not clearly defined, and the
note, generally, presents a dull appearance, the printing thereon
showing entirely too dark, especially that of the scroll work and
portrait.
The serial numbers and seal also appear too heavily printed
on some of the specimens.
The Berial numbers are printed with a noticeable upward slant from
left to right.
This note should not deceive the careful handler of money.
The Treasury Department has requested that any counterfeits which come to
the attention of banks or others be forwarded with all available information to the
office of the United States Secret Service having jurisdiction in their territory.
Offices cf the Secret Service are located in Albany, Buffalo, Syracuse and
New York City, New York, and in Newark, New Jersey.




George L. Harrison,
President,

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