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BOARD OF GOVERNORS

..

R-321

OF THE

FEDERAL RESERVE SYSTEM

.. 136

WASHINGTON
ADDRESS OFFICIAL. CORRESPONDENCE
TC THE SCARO

October 8, 1938.

Dear Sir:
In connection

~dth

telegraphic trans-

actions in Government securities between Federal reserve banks, the following code word
has been designated to cover a new issue of
Treasury Bills:
ITQBAGE - Treasury Bills to be
da~ed October 13, 1938, and to
mature January 11, 1939.
Very truly yours,

,;::A
~~~~z..f

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..

J.

..-

r7?)p-?
c. Noell,

~~ ~~

Assistant Secretary.

TO PRESIDENTS OF ALL FEDERAL RESERVE BANKS

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