The E-Sylum:  Volume 10, Number 31, August 5, 2007, Article 6

1943 U.S. EMERGENCY FEDERAL RESERVE BANK NOTE INFORMATION

An anonymous reader writes: "In last week's E-Sylum, you asked
if anyone can provide additional information on World War II
Federal Reserve emergency notes.

"As a collector of paper money, I am familiar with these issues,
but I'm not an authority on the FRBN series.  If any records exist
which would indicate which Federal Reserve districts, denominations,
and serial numbers were issued in 1943, I believe Peter Huntoon
would have located them.  Pete has spent many years poring over
records at the Bureau of Engraving and Printing, the National
Numismatic Collection at the Smithsonian, and the National Archives
and Records Administration (NARA) looking for this kind of
documentation.  I e-mailed a copy of your E-Sylum article to
Pete.  Here's his e-mail response:

 "Here is all the information that seems to be available:

 "'Emergency currency' was also to serve in another critical
 situation 10 years later.  After the last delivery was made
 in 1934 there remained on hand 7,317 packages comprising
 some 29 million of these notes in the vaults of the Bureau.
 During World War II these stocks were used to help meet the
 large demands made for currency.

 "(from page 117 of:  Bureau of Engraving and Printing, 1962,
 History of the Bureau of Engraving and Printing, 1862-1962,
 Treasury Department, Washington, D. C.: U. S. Government
 Printing Office, Washington, DC, 199 p.).

 "It appears that the 29 million notes mentioned here had
 a face value of $450 million as per Jim Downey's article.

"Unfortunately, some of the documents that paper money
researchers would like to see have been destroyed.  Pete
told me of a lode of Federal Reserve records from the 1928-1940
period that were destroyed only weeks before he learned of them
at the Federal Records Center in Suitland, MD."

 RESEARCHER SEEKS RECORDS OF 1943 U.S. FEDERAL RESERVE BANK NOTE ISSUES
 esylum_v10n30a14.html

  Wayne Homren, Editor

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