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136

BOARD OF G O V E R N O R S
OF T H E

FEDERAL RESERVE SYSTEM

R-67

WASHINGTON
a d d r e s s

*********

official c o r r e s p o n d e n c e
t o t h e b o a r d

September 2, 1937.

SUBJECT:

Code Words Covering New
Issues of Treasury Bills.

Dear Sir:
In connection with telegraphic transactions in
Government securities between Federal Reserve banks, the
following code words have been designated to cover new
issues of Treasury Bills:
"NOZHID" - Treasury Bills to be dated
September 8, 1937, Fund to
mature December 21, 1937.
"NOZHON" - Treasury Bills to be dated
September 8, 1937, and to
mature June 8, 1938.
These words should be inserted in the Federal
Reserve Telegraph Code book, following the supplemental
code word "NOZHEK" on page 172.
Very truly yours

S. R. Carpenter,
Assistant Secretary.

TO PRESIDENTS OF ALL FEDERAL RESERVE BANKS