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F E D E R A L R E S E R V E B O A R D WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO THE FEDERAL RESERVE BOARD . X-6946 .August 18, 1931. SUBJECT: Code ford to cover Telegraphic Transactions in Treasury Bills, Dear Sir: In connection with telegraphic transactions in Government securities between federal Reserve "banks, the code word "MDXCJSHTBD" has teen designated to cover a new issue of Treasury Bills, dated August 24, 1931, and maturing November 23, 1931* This word should he inserted in the Federal reserve telegraph code "book, following the supplemental code word "HOXCAMP", on Page 172, Very truly yours, E. M, McClelland, Assistant Secretary. TO GOVERNORS Of ALL F.R.BAUKS