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FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO THE FEDERAL RESERVE BOARD X ~ 7 2 3 7 September 6, 1 9 3 2 . SUBJECT: New I s s u e s o f T r e a s u r y C e r t i f i c a t e s of I n d e b t e d n e s s and Treasury N o t e s . Dear S i r : In connection with telegraphic transactions between F e d e r a l r e s e r v e b a n k s c o v e r i n g Government s e c u r i t i e s , t h e f o l l o w i n g c o d e w o r d s h a v e b e e n d e s i g n a t e d t o c o v e r new i s s u e s o f T r e a s u r y C e r t i f i c a t e s of I n d e b t e d n e s s a n d T r e a s u r y N o t e s : "NOWHOBBY" Treasury C e r t i f i c a t e s of I n d e b t e d n e s s , S e r i e s TS-1933, dated September 15, 1 9 3 2 , due September 1 5 , 1933; "NOWHURL" 3 - ^ Treasury Notes, S e r i e s A-1937, to be dated September 15, 1932, due September 15, 1937, These code words s h o u l d be i n s e r t e d i n t h e F e d e r a l H e s e r v e T e l e g r a p h Code b o o k , o n p a g e 1 7 2 . Very t r u l y y o u r s , J • C• N o e l 1 , Assistant Secretary. TO GOVERNORS OF ALL F . R. BANKS.