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60

BOARD OF GOVERNORS
O F THSE

******

FEDERAL RESERVE SYSTEM

K-401

WASHINGTON
A D D R E S S OFFICIAL C O R R E S P O N D E N C E
TO T H E BOARD

February 7, 1939

Dear Sir:
In accordance with the request of a Federal Reserve
bank that new code words be assigned to certain issues of securities, the following assignments have been made.
NOWGEL - 2 3/4% HOLC Bonds of 1939-49
NOWHOPE - 5% FFMC Bonds of 1942-47
NOWIMP - 2 3/4% FFMC Bonds of 1942-47
wOWMUSE - 1% FHLB Debentures maturing July 1, 1939
NOWMYS - 2% FHLB Debentures maturing December 1, 1940
NOWNAG - 2% FHLB Debentures maturing April 1, 1943
Code words have not been assigned to these issues
heretofore for the reason that it was felt there would not be
sufficient call for the words to warrant the assignments.
The Federal Reserve bank referred to above also suggested that, because of a change of the name of the bank involved, the definition of the code word "Armthrust" should be
changed to "New York, N. Y., Bank of New York". It has been
assumed by this office' that whenever the name of a bank included
in the list of code words covering specific banking institutions
is changed, the definition of the applicable code word would
be changed accordingly without advice from this office.

 TO PRESIDENTS


Very truly yours,

S. R. Carpenter,
Assistant Secretary.
OF ALL FEDERAL RESERVE BANKS