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F E D E R A L RESERVE BANK
OF N E W YORK

I" Circular No. 353
[ March 18, 1921.

Cash Department

New Counterfeit $10 Federal Reserve Note
To all Banks, Trust Companies and Savings Banks
in the Second Federal Reserve District:
A new counterfeit $10 Federal Reserve note is brought to the attention of banking
institutions in this district.

The details of the counterfeit are set forth by the Treasury

Department in its circular letter No. 461 of March 14, 1921, as follows:
"On the Federal Reserve Bank of Chicago, Illinois; check letter 'A'; plate
N o . 30C; D . F. Houston, Secretary of the Treasury; John Burke, Treasurer of
the United States; portrait of Jackson.
" T h i s counterfeit is apparently printed from retouched etched plates, on
two pieces of paper, between which silk threads have been distributed.

The

portrait of Jackson is so poorly executed that a glance at it ought to detect the
bill.

The number of the specimen at hand is G.'}L204305.3A.

The bill should

not deceive those who exercise care in the handling of money."




Very truly yours,
B E N J . STRONG,

Governor