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FEDERAL RESERVE BOARD WASHINGTON address official correspondence t o the federal reserve board X-7041 December 9, 1931. SUBJECT: Code words to cover telegraphic transactions in Treasury C e r t i f i c a t e s of Indebtedness and Treasury Notes. Dear S i r : In connection with telegraphic transactions in Government s e c u r i t i e s between Federal reserve banks, the following code words have been designated to cover new issues of Treasury C e r t i f i c a t e s of Indebtedness and Treasury Notes: "DOWHIP" 2 3/4$ Treasury c e r t i f i c a t e s of indebtedness, Series TJ-1932, to be dated December 15, 1931, due June 15, 1932. "NOWHIRE" 3$ Treasury c e r t i f i c a t e s of indebtedness, Series TS2-1932, to be dated December 15, 1931, due September 15, 1932, "NOWHCJFF" 3 l / 4 $ Treasury notes, Series 1932, to be dated December 15, 1931, due December 15, 1932. The code words "HDIHIP" and "EOWHIRE" should he inserted in the Federal reserve telegraph code book, following the supplemental code word "HOWHIITT" on page 172, While the code word "HOWHUFF" should follow the code word "BDWHOUSB" on page 172. Very t r u l y yours, J . C. Noell, Assistant Secretary. TO GOVERNORS OF ALL F. R. BANKS.
@FedFRASER