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FEDERAL RESERVE BANK OF NEW YORK „ . _ Cash r Circular No. 378 1 Department L June 9, 1921 New Counterfeit $20 Federal Reserve Note To all Banks, Trust Companies in the Second Federal Reserve and Savings District: Banks New counterfeit paper money has been discovered by the Secret Service in the form of a $20 Federal Reserve note. The details of the imitation, described by the Treasury Department in its circular letter No. 468, are as follows: " O n the Federal Reserve Bank of Boston, Massachusetts; check letter ' C ; face plate No. 48; back plate No. 44; series of 1914; Carter Glass, Secretary of the Treasury; John Burke, Treasurer of the United States; portrait of Cleveland. "This is a poor photo-mechanical production, printed on one piece of paper, no attempt being made to imitate the silk fibre of the genuine notes. " T h i s counterfeit should not deceive the careful handler of money." Very truly yours, B E N J . STRONG, Governor • M J