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FEDERAL RESERVE BOARD
WASHINGTON

X-6978

ADDRESS OFFICIAL CORRESPONDENCE TO
T H E FEDERAL RESERVE BOARD

September 25, 1931.

SUBJECT:

Code Word to cover Telegraphic Transactions
in Treasury B i l l s .

Dear S i r :
In connection with telegraphic transactions in
Government s e c u r i t i e s between Federal reserve banks, the
code word "HOXCENT" has been designated to cover a new
issue of Treasury B i l l s , dated September 30, 1931, and
maturing December 30, 1931.
This word should be inserted in the Federal r e serve telegraph code book, following the supplemental
code word "NOXCEDE", on Page 172.
Very t r u l y yours,

J . C. Noell,
Assistant Secretary.

TO GOVERNORS OF ALL F. S. BANKS.