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FEDERAL RESERVE BOARD
WASHINGTON
ADDREsS OFFICIAL CORRESPONDENCE TO
THE FEDERAL RESERVE BOARD

X-4806
March 9. 1927

SUBJECT:

Code Words to cover new issues of Certificates of Indebtedness, Series TS2-1927
and Series TM-1928, and Treasury Notes,
Series A-1930-32, in Telegra~hic Transactions.

Dear Siri
In connection with telegra~hic transactions in Government securities between Federal reserve banks, the code words ••BELLY." and IIBELQUOID"
have been designated to cover the two new issues
of Treasury Certificates of Indebtedness, dated
March 15, 1927, Series TS2-1927 and Series TU-1928,
respectively; a.'1d the code word 11 BELOVETH 11 has oeerf
designated to cover the new issue of Treasury Notes,
dated ~:Iarch 15, 1927, Series A-1930-32.
These words should be inserted in the Federal Reserve Telegraphic Code Book :following the
supplemental code word 11 BELONITE11 at the bottom of
:page 25.
Very truly yours,

J. c. Noell,
Assistant Secretary.

TO

GOVERJ.~ORS




OF ALL F. R. BAJ.'nCS.