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FEDERAL RESERVE BANK OF CHICAGO
GOVE RNMENT BOND DEPARTMENT
ROOM 3 6 1-20 9 SO. LA SA L LE ST.

S. B . CRAMER , ASST. CASHIER
0 . A . JONES . ASST, CASHIER
A . H, VOGT , ACTING ASST. CASHIER

ADDRESS ALL COMMUNICATIONS
RELATIVE TO GOVERNMENT BON D S

P . 0. BOX B0 5

Circular Ho. 100
September 3, 1918.

TO BANKS AND BANKERS
IN FEDERAL RESERVE DISTRICT NUMBER SEVEN:
The following letter was received from the office
of the Secretary of the Treasury, Washington, D.C.:
"In most cases the banks of the country have cov•
ered their subscriptions to Liberty Loan Bonds received by
them from the public, by their own subscription to the Federal
Reserve Bank and have thereby assumed the liability tor the entire amount subscribed. Even in cases where such action has
been taken the Treasury Department has notified the banks that
it would expect them to hold available for Treasury use, the
names of all subscribers and amount subscrib&d to Liberty Loan

Bonds.
It is therefore ruled that complete information
relative to names and addresses of subscribers and amounts of
subscription to Liber t y Loan Bonds must be furnished by the
banks to the Treasury Department or to such other people as
ma be designated by the TrGasury Department when so requested .
You ar a , therefore, to obtain this information from the banks
in your district whenever such information will be of help to
you in subsequent campaigns, and are also empowered to authoriz e lo cal Liberty Loan Committees throughout your district to
obtain this information from banks in their locality."
In view of the foregoing, should cjrcumstances
ap pear to make i t desirable tha t we have such information, please be
prepared to furnish it on request frum this bank .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

FEDmRAL RESERVE BANK OF CHICAGO
Government Bond Department .