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BOARD OF GOVERNORS -f O O OF THE FEDERAL RESERVE SYSTEM li^O R 315 " WASHINGTON ADDRESS September 24, 1938. Dear Sir: In connection with telegraphic transactions in Government securities between Federal reserve banks, the following code word has been designated to cover a hew issue of Treasury Bills: NUBADY - Treasury Bills to be dated September 28, 1938, and to mature December 28, 1938. Very truly yours, S. R. Carpenter, Assistant Carpenter. TO PRESIDENTS OF ALL FEDERAL RESERVE BANKS. OFFICIAL C O R R E S P O N D E N C E TO T H E BOARD