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FEDERAL RESERVE BANK OF N E W YORK Cash Department [ Circular No. 312 1 L October 23,1920 J New Counterfeit $20 Federal Reserve Note To all Banks, Trust Companies and Savings Banks in the Second Federal Reserve District: Another new counterfeit $20 Federal Reserve Note is brought to your attention. The Secret Service Division of the Treasury Department has described the note in its circular letter No. 453, as follows: "On the Federal Reserve Bank of Kansas City, Missouri; check letter *C\ W. G. McAdoo, Secretary of the Treasury, John Burke, Treasurer of the United States; portrait of Cleveland. " T h i s counterfeit is printed from photographic plates, on two pieces of paper between which a few silk threads have been distributed. pasting together of the paper makes the bill too thick. a half inch shorter than the genuine. J2990600A. The I t is also about The number of this counterfeit is The back of the note is blue instead of green. "Altogether the counterfeit is so plainly a photograph t h a t it should not deceive those accustomed to handling money." Very truly yours, J. H. CASE, Acting Governor
@FedFRASER