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F ederal Reserve ba n k o f Dallas DALLAS, TE X A S 7S222 Circular No. 68-255 December 2, 1968 ENDORSEMENT OF CERTAIN CHECKS DRAWN ON THE TREASURER OF THE UNITED STATES To All Banks and Others Concerned in the Eleventh Federal Reserve District: Enclosed is an announcement from the Treasury Department, Fiscal Service, dated December 2 , 1968, advising that in the calendar year 1 969 * from January to July, the Treasury’s Bureau of Accounts will issue about 30 million checks preprinted on the back in a format different from that on regular checks. As indicated, these checks will provide a line designated for the payee to insert his address, in his own handwriting. This is an experiment by the Treasury to find out whether the inclusion of the address will afford greater protection against forgeries. Additional copies of the announcement will be furnished upon request. Yours very truly, P. E. Coldwell President Enclosure (l) This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) TREASURY DEPARTMENT FISCAL SERVICE OF F IC E OF TREASURER OF THE UNITED STATES WASHINGTON, D.C. t 20220 December 2, 1968 TO ALL BANKS, BANKERS AND OTHERS CONCERNED: In calendar year 1969, from January to July, the Treasury's Bureau of Accounts will issu e about 30 million checks preprinted on the back in a format different from that on regular check s. Below the space for the payee's endorsement there will be a line designated for the payee to insert his address in his own handwriting. Altogether about 600 million Treasury checks will be issued during that year, but the others will not carry the address line. A specimen of the special format is shown below. This is an experiment. By it the Treasury hopes to find out whether the addition by the payees of their addresses in their own handwriting w ill afford them and those who cash their checks (merchants, banks and others) greater protection against forgeries. The checks to be used in the six-month test are those issued for veterans compensa tion and pensions, the one class of payments covering a single program with an appro priate volume for the test; the use of this c la ss of payments has no special significance otherwise. The payee's insertion of his address on these checks is not a mandatory condition for their payment upon presentment to the Treasurer of the United States. In short, the omission of the address w ill not, of itse lf, cause dishonor of a check. Nevertheless, we urgently request the cooperation of the payees, and those who cash their check s, to assure that addresses are written in. Otherwise, the test will not produce meaningful r esu lts. Acting Treasurer
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