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FEDERAL RESERVE BANK
OF NEW YORK

f Circular No. 4701
June 22, 1922

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L

Cash Department

J

New Counterfeits
To all Banks, Trust Companies and Savings Banks
in the Second Federal Reserve District:

The Treasury Department in its circular letters 496 and 497 describes three
new counterfeit notes as follows :
$5 National Bank Note
"On the First National Bank of Youngstown, Ohio; check letter ' P ' ;
series of 1902; W. T. Vernon, Register of the Treasury; Charles H. Treat,
Treasurer of the United States; portrait of Harrison.
"This is a photographic production on two pieces of paper between which
silk threads have been distributed. Blue coloring has been applied to the seal
and numbering on the face of the bill, and the back is a vanadium print. The
general appearance of the counterfeit is good, and care should be exercised in
the handling of bills of this description."
$5 Federal Reserve Bank Note
"On the Federal Reserve Bank of Cleveland, Ohio; check letter 'D'; plate
No. 10; John Burke, Treasurer of the United States; W. S. Elliott, Register of
the Treasury; portrait of Lincoln."
$5 Federal Reserve Note
"On the Federal Reserve Bank of Cleveland; check letter ' B ' ; plate
No. 162; D. F. Houston, Secretary of the Treasury; John Burke, Treasurer of
the United States; portrait of Lincoln.
"These counterfeits are photographic productions on two pieces of paper
between which silk threads have been distributed. Blue coloring has been
applied to the seal and numbering on the face of the bill, the back having been
treated with green toner or vanadium solution. Neither of these counterfeits
should deceive the ordinarily careful handler of money."




Very truly yours,
BENJ. STRONG,

Governor