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FEDERAL RESERVE B O A R D W A S H I N G T O N address official correspondence to the federal reserve board February 2w, 1925* X-U277 SUBJECT: Clearing Telegrams. Dear Sir: At such times as it becomes necessary for the Federal reserve banks cr branches to employ commercial telegraph lines in forwarding to the Board the daily Gold Fund and Federal Reserve Note Clearing telegrams, it is requested that the telegrams be sent as open messages, and that the amounts be stated neither in code nor in numerals. The following form is suggested: "Labeg Two million six thirty eight thousand five forty six ten. Boston Twenty five dollars yew York Two fifty five thousand six fifty four twenty" Very truly yours, J. C. Noell, Assistant Secretary. To Governors of all F. R. Banks 157
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