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293 BOARD OF GOVERNORS R-5 OF" THE FEDERAL RESERVE SYSTEM WASHINGTON ADDRESS DF"F"ICIAL CDRREBPDNDENCE TD THE SDARD June 7, 1937. SUBJECT: Code Words Covering Federal Farm Loml and Home Owners Loan Corporation Bonds • .\ Dear Sir: In connection with telegraphic transactions in Government securities between Federal reserve banks, the following code words have been designated to cover Home Owners Loan Corporation and Consolidated Federal Farm Loan bonds: 11 NOWCOVE 11 - Consolidated Federal Farm Loan 5% Bonds due July 1, 1945-55. "NOWCUB" - Home Owners Loan Corporation 5% Bonds, A-1952, due May 1, 1952. "NOWDAF" - Home Owners Loan Corporation 2!% Bonds G-1944, due July 1, 1944. These words should be inserted in the Federal Reserve Telegraph Code book, following the supplemental code word 11NOWCOT 11 on page 172. truly yours, ' c. Noell, J. Assistant Secretary. TO PRESIDENTS OF ALL F. R. BANKS