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FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE T O T H E FEDERAL RESERVE BOARD X-5014 December 8, 1927. SUBJECT; CodBjFord'to cover new I s s u e o f C e r t i f i c a t e s of Indebtedness, S e r i e s TD-1928, i n Telegraphic T r a n s a c t i o n s . Dear S i r : In c o n n e c t i o n 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 "BESTIRRED" has "been d e s i g n a t e d t o cover the new i s s u e of Treasury C e r t i f i c a t e s of Indebtedness, dated December 15, 1927, S e r i e s TD-1928. This word should be i n s e r t e d i n the Federal Reserve Telegraohic Code Book f o l l o w i n g the supplement a l code word "BESTIR" a t the bottom of page 2 6 . Very t r u l y yours, J . C. N o e l l , Assistant Secretary. TO GOVERNORS OF ALL F. R. BAHKS. 437