Source : Free On-Line Dictionary of Computing

Baudot code
     
         (For etymology, see {baud}) A {character set}
        predating {EBCDIC} and used originally and primarily on {paper
        tape}.  Use of Baudot reportedly survives in {TDD}s and some
        HAM radio applications.
     
        In Baudot, characters are expressed using five {bit}s.  Baudot
        uses two code sub-sets, the "letter set" (LTRS), and the
        "figure set" (FIGS).  The FIGS character (11011) signals that
        the following code is to be interpreted as being in the FIGS
        set, until this is reset by the LTRS (11111) character.
     
         binary  hex    LTRS   FIGS
         --------------------------
          00011  03      A      -
          11001  19      B      ?
          01110  0E      C      :
          01001  09      D      $
          00001  01      E      3
          01101  0D      F      !
          11010  1A      G      &
          10100  14      H      #
          00110  06      I      8
          01011  0B      J      BELL
          01111  0F      K      (
          10010  12      L      )
          11100  1C      M      .
          01100  0C      N      ,
          11000  18      O      9
          10110  16      P      0
          10111  17      Q      1
          01010  0A      R      4
          00101  05      S      '
          10000  10      T      5
          00111  07      U      7
          11110  1E      V      ;
          10011  13      W      2
          11101  1D      X      /
          10101  15      Y      6
          10001  11      Z      "
          01000  08      CR     CR
          00010  02      LF     LF
          00100  04      SP     SP
          11111  1F      LTRS   LTRS
          11011  1B      FIGS   FIGS
          00000  00      [..unused..]
     
        Where CR is {carriage return}, LF is {linefeed}, BELL is the
        {bell}, SP is space, and STOP is the stop character.
     
        Note: these bit values are often shown in inverse order,
        depending (presumably) which side of the {paper tape} you were
        looking at.
     
        Local implementations of Baudot may differ in the use of #,
        STOP, BELL, and '.
     
        (1997-01-30)