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491 FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE T O T H E FEDERAL RESERVE BOARD X-6S76 A p r i l 50, 1931. SUBJECT: Code word, t o cover T e l e g r a p h i c Transactions in Treasury B i l l s . Dear S i r : In connection with 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 F e d e r a l r e s e r v e "banks, the code word "UQXBIIAU" h a s "been d e s i g n a t e d t o cover a new i s s u e of T r e a s u r y B i l l s , d a t e d May 5, 1931, and maturing August 3 , 1931. This word should "be i n s e r t e d i n t h e F e d e r a l r e s e r v e t e l e g r a p h code book, f o l l o w i n g the supplemental code word "50XBAYHEAJ)" on page 172. Very t r u l y y o u r s , J . C. S o e l l , Assistant Secretary. TO GOVERNORS OF ALL FEDERAL RESERVE BATCS