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352

BOARD OF" GOVERNORS

R-136

CF' THE

FEDERAL. RESERVE SYSTEM
WASHINGTON
ADDRESS CFFICIAL CCRRESPCNDENCE
TC THE BCARD

. December 18, 1937.

SUBJ.Et.:·r:

Word Covering New
Issue of Treasury Bills.

Code

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:
"NOZKOW" - Treasury Bills to be dated
December 22, 1937, and to
mature March 23, 1938.
This word should be inserted in the Federal
Reserve Telegraph Code book, following the supplemental code word "NOZKIT" on page 172.
Very truly yours,

(

J. C. Noell,
Assistant Secretary.

TO PRESIDENTS OF ALL ]'EDER/IL RESERVE BANKS