Full text of Mimeograph Letters and Statements of the Board : Letter From Asst. Secretary Noell re Code Words for Advice to Federal Reserve Bank and Agent of Federal Reserve Bank Notes Redeemed, Number X-7512, Volume 39, Page 63

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FEDERAL RESERVE B O A R D
WASHINGTON

'
July 19, 1933.

ADDRESS OFFICIAL CORRESPONDENCE TO
T H E FEDERAL RESERVE BOARD

SUBJECT:

Code Words for Advice to Federal Reserve
Bank and Agent of Federal Reserve Bank
Notes Redeemed.

Dear Sir:
In order to reduce the phraseology in telegrams sent " y the Treasurer
b
of the United States to Federal reserve hanks and " y the Comptroller of the
b
Currency to the Federal reserve agents covering notification of redemptions
of unfit Federal reserve "bank notes, the following code words have "been designated for use effective July 24:
TO THE FEDERAL RESERVE B A M
DROOPWORT

$
of unfit Federal reserve hank notes of your
hank have today "been redeemed and charged to the hank's
redemption fund for Federal reserve hank notes.
TO FEDERAL RESERVE A&EUT

DROOPYARD

$
of unfit Federal reserve hank notes of your
hank received today from the Treasurer of the United
States for destruction (verified and credited to your
account).

These words should he inserted in the Federal Reserve Telegraph
Code following the word DROOPING, on page 79.
Advice as to the denominational distribution of the Federal reserve
hank notes redeemed will he furnished to the bank on Form 6239, R.A., and to
the Federal reserve agent on Form 6239A, R. A.
Very truly yours,

TO GOVERNORS OF ALL
F. R. BANKS.



J. C. Noell,
Assistant Secretary.