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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