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296 BOARD OF GOVERNORS R-7 OF" THE FEDERAL RESERVE SYSTEM WASHINGTON ADDRESS OF"F"ICIAL CORRESPONDENCE TO THE BOARD Ju11e 8, 1937. SUBJECT: Code Words Covering New Issues of Treasury Notes. Dear Sir: In connection vvi th telegraphic transactions between Federal reserve banlcs covering Gov,;rnr.:ent securities, the follovving code words ~ave been de signa ted to cover new is- sues of T:reasu.ry Notes: "NOWLAUGH" - 1-3/8% Treasury Eotcs, Se:d.es D-19;':;9, to be dated June 15, 1937, and to mature September 15~ 1939. 11 NOWLED 11 - 1-3/,1..% TreasUI"J lTotĀ·3S, Series A--1942, to bo dated June 15, lS37, and to mature March 15, 1942. These code words should be inserted in the Federal Reserve Telegraph Code book, on page 172. TO PRESIDT~NTS OF ALL F. R. BANKS