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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 T H E FEDERAL RESERVE BOARD X-6935 July 28, 1931. SUBJECT: Code word to cover telegraphic transactions in Treasury Bills. Dear Sir: In connection with telegraphic transactions in Government securities between Federal reserve hanks, the code word "UOXCAGE" has been designated to cover a new issue of Treasury Bills, dated August 3, 1931, and maturing Fovomber 2, 1931. This word should be inserted in the Federal reserve telegraph code book, following the supplemental code word "KOXCABOT" on page 172. Very truly yours, J. C. Moell, Assistant Secretary. TO GOVEBKORS OF ALL F. B. B A M S .