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61 FEDERAL RESERVE BOARD WASHINGTON X-7976 ADDRESS OFFICIAL CORRESPONDENCE T O T H E FEDERAL RESERVE BOARD August 7, 1934 SUBJECT: New Issues of Home Owners 1 Loan Corporation Bonds. Dear S i r : In connection with t e l e g r a p h i c t r a n s a c t i o n s between Federal r e serve "banks covering Government s e c u r i t i e s , the following code words have t e e n designated t o cover new i s s u e s of Home Owners 1 Loan Corporat i o n Bonds: "NOWCENT" - Home Owners* Loan Corporation l i $ Bonds, S e r i e s C, 1936, to be dated August 15, 1934 and to mature August 15, 1936. "UOWCEPH" - Home Owners« Loan Corporation Bonds, S e r i e s D, 1937, to be dated August 15, 1934 and to mature August 15, 1937. "NOWCIA" - Home Owners 1 Loan Corporation 2$ Bonds, S e r i e s E, 1938, to be dated August 15, 1934 and to mature August 15, 1938. These code words should be i n s e r t e d i n t h e Federal Reserve Telegraph Code book on page 172 TO GOVERNORS Very t r u l y yours, ' J . C. Noell, No e l l , Assistant Secretary. OF ALL F. R. BANKS /