Show e a wr wry y J e eThe The new Treasury Bill is a whole lot easier to handle bandle than one dollar bills That's unanimously agreed by A L Price vice president of the Salt Lak Lake City Branch of the Federal Reserve Resene Frank J McDonald sec sec- secretary secretary of the U P Employs Employees Hospital Association and Al AI Sr vice ice president of Zion Zions First National Bank who measured the difference at the federal reserve r bank New Bill Issued in S Se SeL L Alvin J senior vice presIdent of ZIons ZIon's First National Bank delivered this morning one of the first new denomination Treas Treas- Treasury ury bills bUls to Frank J McDon- McDon McDonald aid ald treasurer secretary of f the Union Pacific Railroad Em Hospital Association This Treasury bill in the new denomination of has recently been issued by bythe bythe the Treasury Department and this transaction marks one of the first bills to be Issued by the Salt Lake City branch of the Federal Reserve Bank of San In order to get a visual comparison of much money is represented by the new Treasury bill bUl one dollar doUar bills bUls were stacked in two columns which reached two feet in height and were eight columns of bills deep ThIs Is a lot easier to handle commented Mr Mc Mc- McDonald Donald The new Treasury bin bUl Is signed by the Secretary of the Treasury Douglas Dillon and has a picture of the late Carter Glass who had a great deal to do with establishing the Federal Re Re- Reserve serve System To honor him and the work he did the Trea Trea- Trea Treasury sury Department placed his picture on the new Treasury bUt bill The funds whIch purchased this bill from Zions First Na Na- National Bank were from the Hospital Association of the Union Pacific Railroad Em Em- Employees which Association covers all Union Pacific em em- employees throughout the entire system plus those employed by subsidiary companies |