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FEDERAL RESERVE BANK OF NEW YORK * . _ Cash Department f Circular No. 540 [ New Counterfeits To all Banks, Trust Companies and Savings Banks in the Second Federal Reserve District: The Treasury Department in its circular letter No. 517 describes three new counterfeit notes as follows: $10 National Bank Note "On the First National Bank of Pittsburgh, Penna.; check letter T ; Houston B. Teehee, Register of the Treasury; John Burke, Treasurer of the United States; portrait of William McKinley. "This is a photographic production on two pieces of paper between which a few fine silk threads have been distributed. The seal and numbering have had blue color applied over the original photographic impressions. The back has been subjected to a vanadium solution. The specimen at hand bears Treasury No. N599510E, and bank No. 151228. This counterfeit should be readily detected. Its circulation is confined to the vicinity of Pittsburgh, Pennsylvania." $10 Federal Reserve Note "On the Federal Reserve Bank of New York; check letter *C; the first two figures of the plate No. 12; W. G. McAdoo, Secretary of the Treasury; John Burke, Treasurer of the United States; portrait of Jackson. "This counterfeit is apparently printed from zinc-etched plates, on a single piece of paper bearing red and blue ink lines to imitate the fiber of the genuine. I t is a very poor counterfeit, and should be readily detected. The specimen at hand comes from Detroit." $10 Federal Reserve Note "On the Federal Reserve Bank of Cleveland, Ohio; check letter *D'; plate number indistinct; D. F. Houston, Secretary of the Treasury; John Burke, Treasurer of the United States; portrait of Jackson. "This is photographic production on two pieces of paper, with silk threads distributed between them, and is such a poor counterfeit that it should be readily detected. The specimen at hand bears Treasury No. D18349000A, and was received from our Cleveland, Ohio, district." Very truly yours, B E N J . STRONG, Governor