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FEDERAL RESERVE BOARD WASHINGTON address official correspondence t o the federal reserve board X-9056 December 22, 1934 SUBJECT: Code Word Covering New I s s u e of T r e a s u r y B i l l s . Deer S i r ; In connection with telegraphic 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, t h e f o l l o w i n g code word has 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 ; * "NOXPUT1' - T r e a s u r y B i l l s t o be d a t e d December 26, 1934, and t o mature June 2 6 , 1 9 3 5 . This word should be i n s e r t e d i n t h e F e d e r a l Res e r v e Telegraph Code book, f o l l o w i n g t h e supplemental code word "NOXPOL" on page 172. Very t r u l y y o u r s , TO GOVERNORS OF ALL F.R.BANKS