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F E D E R A L

R E S E R V E

B O A R D

WASHINGTON
ADDRESS OFFICIAL CORRESPONDENCE TO
THE FEDERAL RESERVE BOARD




X-S934
July 23, 1931.

SUBJECT:

Code word to cover telegraphic
transactions in Treasury Bills.

Dear Sir:
In connection with telegraphic transactions
in Government securities between Federal reserve
banks, the code word "HOXGABOT" has been designated to cover a new issue of Treasury Bills, dated
July 27, 1931, and maturing October 26, 1931.
This word should be inserted in the Federal
reserve telegraph code book, following the supplemental code word "NOXBRE^IZE"ยป on page 172.
Very truly yours,

J. C. Hoell,
Assistant Secretary.

TO GOVERNORS OP ALL J. R. BANKS