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

-Circular No. 1 6 4 9 T
. March 3, 1936 J

Exchange Subscription Books to Close March 5, 1936
On Exchange Offering of United States of America 2 % Percent Treasury
Bonds of 1948-51
On Exchange Offering of United States of America 1^4 Percent Treasury
Notes of Series A-1941

To all Banks and Others Concerned
in the Second Federal Reserve District:

In accordance with instructions received today from the Treasury Department
the exchange subscription books for the offering of United States of America 2%
percent Treasury Bonds of 1948-51, dated and bearing interest from March 16,
1936, due March 15, 1951, and the exchange subscription books for the offering of
United States of America 1% percent Treasury Notes of Series A-1941, dated and
bearing interest from March 16, 1936, due March 15, 1941, will close at the close
of business Thursday, March 5, 1936, for the receipt of subscriptions in payment
of which, under the terms of each offering, only Treasury Notes of Series C-1936,
maturing April 15, 1936, may be tendered. Any exchange subscription for either
issue placed in the mail before midnight, Thursday, March 5, 1936, as evidenced by
postoffice cancellation, will be considered a timely subscription.




GEORGE L. HARRISON,

President.

(1 3)

FEDERAL RESERVE BANK
OF N E W Y O R K

mvch

5

'

1936

'

NZYf COUNTERFEITS

To Member Banks in the Second Federal
Reserve District and others concerned:
At the request rf the Division of Secret Service of the Treasury Department, New York District, we are sending to all member banks in the Second Federal
Reserve District and others concerned the following descriptions of counterfeit $5
and $10 notes now appearing in circulation in this territory:
$5 FEDERAL RESERVE NOTE
On the Federal Reserve Bank of New York, New York; 192B A
series; check letter "A""; face plate No. 13; back plate No, 327;
W. 0. Woods, Treasurer of the United States; A. W. Mellon, Secretary of the* Treasury; portrait of Lincoln; printed on one sheet
of bond paper from photo-mechanical plates of good workmanship.
The seal of the Federal Reserve Bank cf New York, as used on
this counterfeit, shows in the inner circle the regional number
(3), which is the district identification of the Federal Reserve
Bank of Philadelphia, and this number, slightly smaller, is also
printed in each corner of the face of the note inside the border
lathework* This counterfeit is the handiwork of the persons responsible for counterfeit $5 United States Note described in Circular
No. 67^ and also counterfeit $5 Federal Reserve Note described in
Circular No. 680ยป The back of this counterfeit is particularly
deceptive and care should be exercised in handling notes of this
variety and denomination.
$10 FEDERAL RESERVE NOTE
On the Federal Reserve Bank of New York, New York, 1934
series; check letter "L"; face plate No. 31; back plate No. 18;
" W. A. Julian, Treasurer of the United States; Henry Morgenthau,
Jr., Secretary of the Treasury; portrait of Hamilton; printed on
one sheet of bond paper of good quality from photo-mechanical
plates of fair workmanship.
The seal and numbering on this counterfeit are printed in
dull, lustreless green, rather faintly impressed. The back of
the note, however, is skillfully executed.
This counterfeit will deceive the unwary handler of currency.
The Division of Secret Service has also requested us to advise you further
as stated below:
Should any of these counterfeits come to your attention,
they should be forwarded with all available information to the?
office of the U. S. Secret Service having jurisdiction in your
territory. Offices of the Secret Service are located in
Syracuse, Buffalo, New York City and in Newark, N. J.



George L. Harrison,
President,

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