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FEDERAL RESERVE BANK OF CHICAGO 79 WEST MONROE STREET I February 4, 1918 . Circular No. 61. TO ALL BANKS AND BANKERS IN FEDERAL RESERVE DISTRIC:T NUMBER SEVEN : We are advi sed by the Treasury Department at Wash in gton that i3sues of short time United States Certificates of Indebtedness will be fo rthcomi ng at fre quent intervals . And with a view of st imulatin g sal es and se curin g a wide distribution of these Certificates as they a r e issued , we have appointed Mr . U. A. Traylo r as Director of sales United States Cert i ficates of Indebtedness . Mr . Traylor i s now actively engaged in effecting his organization , and it is earnestly hoped he ma y have yo ur full co - ope r a ti on , wh ich is hi ghly essential to the full suc cess of the undertaking . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Respectfully , J.B. McDou gal, Governor.
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