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51 BOARD OF G O V E R N O R S • r THE FEDERAL RESERVE SYSTEM X-9804 WASHINGTON ADDRESS OFFICIAL C O R R E S P O N D E N C E TO THE BOARD January 29, 1937. ******* SUBJECT: Code Word Covering New Issue of Treasury Bills. Dear Sir: In connection with telegraphic transactions in Government securities between Federal reserve banks, the following code word has been designated to cover a new issue of Treasury Bills: "NOYtVYL" - Treasury Bills to be dated February 3, 1937, and to mature November 3, 1937. This word should be inserted in the Federal Reserve Telegraph Code book, following the supplemental code word "NOYWUZ" on page 172. Very truly yours, L. P. Bethea, Assistant Secretary. TO PRESIDENTS OF ALL F. R. BANKS