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FEDERAL RESERVE BOARD WASHINGTON X-S074 ADDRESS OFFICIAL CORRESPONDENCE TO T H E FEDERAL RESERVE BOARD June 20, 1928. CONFIDENTIAL SUBJECT: Code Word to "be used in advices re transact ioftii in Bank of England account. Dear Sir; In order to reduce the length of telegrams between the Federal Reserve Bank of New York and other Federal reserve banks in connection with participation in the Bank of England account, the Federal Reserve Board has approved, e f f e c t i v e at once, the following code word to be used in connection with these transactions: KNABBLE: Please credit us and debit Due from Foreign Banks-Bank of England account $ representing additional participation due you as a r e s u l t of increment from earnings. This code word should be inserted in the Federal Reserve Telegraph Code book following the supplemental code word "KLICKED1' at the bottom of page 131. There are enclosed hereWitk & S u f f i c i e n t number of extra copies Of t h i s l e t t e r to enable you to ins e r t t h i s code word in a l l of the code books in the possession of your bank. Very t r u l y you>s, J • C • Hoell, Assistant Secretary. TO THE GOVERNORS OF ALL F.R.BANKS.
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