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FEDERAL RESERVE BANK
OF NEW YORK

_ . _
Cash Department

f Circular No 510
[December 8, 1922

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

The Treasury Department has just authorized us to disburse for holiday purposes
the small amount of new subsidiary and minor coins that we now have on hand.
In order that each bank might receive an equitable share of this limited amount
of new coin, we have formulated an allotment plan similar to that now being
followed for the disbursement of new currency.
entitled to is stated below.

The amount that your bank is

We regret that this amount is of necessity so small,

but we shall be glad to forward it to you if you care to have it and if you will
so instruct us.
Although we have on hand no new gol4 coins of any denomination, we have a
supply of circulated gold coins in the denominations of $5, $10 and $20, which are
available for distribution upon request.
Very truly yours,
BENJ. STRONG

Governor

Total Allotment of Subsidiary
and Minor Coin.




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