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BOARD OF GOVERNORS DFTHE FEDERAL RESERVE SYSTEM 39 WASHINGTON ADDRESS July 25, 1938. 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: NOZTYS - Treasury Bills to be dated July 27, 1938, and to mature October 26, 1958. Very truly yours J. C. Noell, Assistant Secretary TO PRESIDENTS OF ALL FEDERAL RESERVE BANKS OFFICIAL C O R R E S P O N D E N C E TO THE BOARD