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FEDERAL RESERVE BOARD WASHINGTON X-3292 January 4, 1922. SUJ3JECT: De~r Code words to be used in connection with Settlement through Gold Settlement Fund of shipments of "other" Federal Reserve notes. Sir: With further reference to tbe Board's letter of December 31, 1921 (X-3290) describing the plan for the settlement through the Gold Settlement Fund of "other'' Federal Reserve notes, it will be noted that certain code words 'Rere adopted by the Board for use in connection with the new plan of settlement to go into effect February 1st. It is now requested that the code words CHURCH, CHURNING and CIDER, designated in that letter, be added to the bottom of page 4g of the new code book to follow the coie word CHUMMY, already. inserted, the code words DRUID end DRUMli!TER be added to the bottom of page 77, following the code word DROWSY and that the code wonl DUCKBILL be added to the bottom of page 7B following the code word DUCHY. It will, of course, be understood thet the use of the code words CB.U'Mltf! end CHURL listed on page 4B of the new code book and used at the present time in connection with direct ad vices .to the Federal Reserve banks of shipnents of fit and unfit i'eder~:~l Reserve notes will be discontinued after February 1st and it is requested th"'t these words be cancelled in your Bank's copies of the Telegraphic Code, when the new plan of settlement becomes effective. Very truly yours, Walter L. Eddy, Assistant Secretary. GOVERNORS OF ~LL FIDERftL RESERVE :BANKS.
@FedFRASER