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FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE T O T H E FEDERAL RESERVE BOARD X-6857 A p r i l 9, 1931. SUBJECT: Code Word t o Cover Telegraphic Transactions i n New Issue of Treasury C e r t i f i c a t e s of Indebtedness, S e r i e s TD2-1931. Dear S i r : 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 t a n k s , t h e f o l l o w i n g code word has been designated t o cover a new i s s u e of Treasury C e r t i f i c a t e s of Indebtedness: "NOWHIM", S e r i e s TD2-1931, dated A p r i l 15, 1931, due December 15, 1931. This code word should be i n s e r t e d i n t h e Federal r e s e r v e t e l e g r a p h code book, following t h e supplemental code word "NOWHILL" on page 172. Very t r u l y y o u r s , J . C. N o e l l , Assistant Secretary. TO GOVERNORS OF ALL F. R. BANKS.