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5<11 W. P. G. HARDING, GOYIRNOI 'EX OPJ'ICJO MEMBII:JUI ALBERT STRAUSS, VICI GOVIIROI ADOLPH C. IIILLER CHARLES S. HAll LIN HENRY A. IIOEHLENPAH DAVID F. HOUSTON I&CIIT.UY OP THI TREASURY CHAIRMAN t FEDERAL RESERVE BOARD JOHN SKILTON WILLIAMS W. T. CHAPIIAN, SICRITAIY R. G, EIIERSON,AISISTANT SICRITARY W.JI, IIILAY, FISCAL AGENT COIIPTIOLLIB OF THI CURIINCY "DDIU!II8 REPL.Y TO WASHINGTON FE.DERAL RESERVE BOARD June 7,1920 X-1946 SubJect: Code J\.cknowledgmen t of Board's Circular Telegrams. Dear Sir!In order to insvre the receipt by all Federal Reserve Banks of the Board's circular telegrams, and for the pm:pose of providing a simple method of ackl"lowledtsing such telagrams, the Board, commencing with hme 15, will plece the code wor.c1. 'rRPNS and a s~rial rE>fere"lce number at the beginning of all circular telegrams, as shown below: CODE WORD TRJINS . . • . . . . Kindly acknowledge receipt of this telegr.an No. (Reference mm.;ber). (Body of telegram) It i& requested that acknowled~ent be made in the form. given below: COD:E: WORD TWILL •.•••.• This will acKnowledge receipt of yuur telegram No. (Reference r>,1.:rrpbex.:) dated (Date). Very truly yours,
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