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FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE T O T H E FEDERAL RESERVE BOARD X-7373 March 16, 1933. SUBJECTt Hew I s s u e Treasury B i l l s . Dear Sir: In connection w i t h t e l e g r a p h i c t r a n s a c t i o n s i n Government s e c u r i t i e s between Federal r e s e r v e banks, the code word "HOXDROP" has been d e s i g n a t e d t o cover a new i s s u e of Treasury B i l l s , dated March 22, 1933, and maturing June 21, 1933, This word should be i n s e r t e d i n the Federal r e serve t e l e g r a p h code book, f o l l o w i n g the supplemental code word "HOXDRIB" on page 172. Very t r u l y yours, E. M. McClelland, Assistant Secretary. TO GOVERNORS OF ALL F. E. BANKS.
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