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FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE T O T H E FEDERAL RESERVE BOARD X-9508. September 5, 1954. SUBJECT; Code Words Covering New Issues of Treasury Notes and Treasury Bonds. Dear Sir: In connection with telegraphic transactions between Federal reserve banks covering Government securities, the following code words have been designated to cover new issue of Treasury Notes and Treasury Bonds: "NOWKOR" 1 l/2% Treasury Notes, Series C-1939, to be dated and to bear interest from September 16, 1935, and to mature March 15, 1939. "NOWCOM" 2 5/4% Treasury Bonds of 1945-47 to be dated and to bear interest from September 16, 1955, and to mature September 15, 1947. These code words should be inserted in the Federal Reserve Telegraph Code book, on page 172. truly yours Assistant Secretary TO GOVERNORS OF ALL F. R. BANKS,