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45 X-4383 FEDERAL RESERVE BOARD WASHINGTON address official correspondence to the federal reserve board July 16, 1925. SUBJECT: Code 'Words to be used by the Federal Reserve Bank of ITew York in advising other Federal Reserve Banks of changes in the Participated Foreign Accounts. Dear Sir: In order to reduce the phraseology in telegrams between the Federal Reserve Bank of Few York and other Federal reserve banks in cormoction with advices covering changes in the participated foreign accounts, it has been suggested for such purpose that additional code words be supplied from the Federal Reserve Telegraphic Code. The Board has approved this suggestion and, effective July 24, 1925, the following code words will be used between the Federal Reserve Bank of Hew York and other Federal reserve banks covering the transactions referred to: JURISTS: Your participation foreign accounts Free balance Bills Please make necessary changes your books to conform and credit us ___ to adjust free balance. JURY30X: Your participation foreign accounts Free balance Bills Please make necessary changes your books to conform and we credit you __ to adjust free balance. JURYMAN: Your participation foreign accounts Free balance __________ Credit us __________ to adjust. JUSTICE: Your participation foreign accounts Free oalance ____________ We crodit you. to adjust. JUSTIFY: Your participation foreign accounts Bills . Please make necessary changes your books to conform. - 2 - X-4383 The code words indicated should be inserted in the Federal Reserve Telegraphic Code at the bottom of page 130 following the code word "JUNKETED". Yours very truly, J. C. Noell, Assistant Secretary. TO GOVERNORS OF ALL F.R.BANKS.
@FedFRASER