This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Government seeks buyers for billions in shredded currency
Treasury and Federal Reserve officials report about 2,500 tons of worn-out currency are destroyed yearly. Ground-up money is sold as drilling mud or considered for roofing felt, with only one buyer so far, a Kansas drill outfit paying $10 per ton. Banks plan to switch from burning to grinding this summer in Cincinnati Philadelphia Cleveland and Minneapolis.
MENTIONED IN THIS ARTICLE
Washington
U.S
Federal Reserve
Treasury
Treasury Department
Kansas
David Mud and Chemical Co
Dallas Federal Reserve Bank
Secret Service
O. H. Tomkinson
Cincinnati
Philadelphia
Cleveland
Minneapolis