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FEDERAL RESERVE BOARD
WASHINGTON
ADDRESS OFFICIAL CORRESPONDENCE T O
THE FEDERAL RESERVE BOARD

X-7966
July 25, 1934.

SUBJECT: New Issue of Federal Farm Mortgage
Corporation Bonds.

Dear Sir:
In connection with telegraphic transactions "between Federal
reserve "banks covering Government s e c u r i t i e s , the following code
word has been designated to cover a new i s s u e of Federal Farm Mortgage
Corporation Bonds:
"NOWCENS" - Federal Farm Mortgage Corporation 3$ Bonds
of 1944-49, to be" dated May 15, 1934, and
to mature May 15, 1949.
This code word should "bo inserted i n the Federal Reserve Telegraph Code "book following the supplemental code word "HOWCELL" on
page 172.
Very t r u l y yours,

J . C. Hoell,
Assistant Secretary.

T GOVERNORS OF ALL F. R. BAMS.
O