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437

BOARD OF GOVERNORS
OF THE

FEDERAL RESERVE SYSTEM

X-9555

WASHINGTON
address

o f f i c i a l
to

April 18, 1936.
SUBJECT;

Code Word Covering New
Issue of Treasury Bills.

Dear Sir:
In connection with telegraphic transactions in Government securities between Federal
reserve banks, the following code word has been
designated to cover a new issue of Treasury Bills:
"NOYLES" - Treasury Bills to be dated
April 22, 1936, and to
mature January 20, 1937.
This word should be inserted in the Federal Reserve Telegraph Code book, following the
supplemental code word "NOYLAF" on page 172.
Very truly yours,

J*. C. Noell,
Assistant Secretary

TO PRESIDENTS OF ALL F. R. BANKS

the

c o r r e s p o n d e n c e
board