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FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO THE FEDERAL RESERVE BOARD 1-6351 July 29, 1929. SUBJECT: Code Word. Covering Notification of Receipt of Unfit Federal Reserve Notes for Redemption. Dear Sir: In order to reduce phraseology in telegrams sent by the National Bank Redemption Agency to Federal reserve banks covering notification of receipt of unfit Federal reserve notes for redemption, the following code word has been designated for use effective August 1st: BUSTBRITE Unfit notes of your bank forwarded fdr redemption as indicated below have been received and are held for account of your Federal Reserve Agent pending delivery to the Comptroller of the Currency. Tour Agent has been requested to make settlement direct with you for the various amountsForwarded by Date Amount This word should be inserted in the Federal Reserve Telegraph Code following the word DUSTH3AND, on Page 83. The National Bank Redemption Agency advises that confirmation copies of telegrams covering the above transactions will be mailed to both the Federal Reserve Bank and the Federal Reserve Agent, Very truly yours, J. C. Noell, Assistant Secretary. TO GOVERNORS QFJ&L F. R. BANKS.
@FedFRASER