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FEDERAL RESERVE BOARD
WASHINGTON
ADDRESS OFFICIAL CORRESPONDENCE T O
T H E FEDERAL RESERVE BOARD

X-6889
May 13, 1931.

SUBJECT:

Code Words t o Cover T e l e g r a p h i c T r a n s a c t i o n s
in Treasury B i l l s .

Dear S i r :
In c o n n e c t i o n w i t h t e l e g r a p h i c t r a n s a c t i o n s
i n Government s e c u r i t i e s between F e d e r a l r e s e r v e h a n k s ,
t h e f o l l o w i n g code words have been d e s i g n a t e d t o cover
new i s s u e s of Treasury B i l l s :
"HOXBEGrG-IHGr"

S e r i e s d a t e d May 18, 1931,
and maturing J u l y 17, 1931.

"UOXBELT"

S e r i e s d a t e d May 18, 1931,
and maturing August 17, 1931.

These words should be i n s e r t e d i n t h e F e d e r a l
r e s e r v e t e l e g r a p h code book, f o l l o w i n g t h e supplemental
code word "HOXBEAKEH" on page 172.
Very t r u l y y o u r s ,

J . C. N o e l l ,
Assistant Secretary.

TO GOVERNORS OF ALL F. R. BANKS.