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FEDERAL RESERVE BOARD WASHINGTON ADDRE$$ OFFICIAL CORI'IESPONDENCE TO THE FEDMAl,. l'tl!;liil~VE x-6241 BOARP S1~J~CT: Cost of Printing Telegraphic Code Book. Dear Sir: The report of the Leased Wire to the Governors' Conference, dated Nov. 14. 1928, contained a recommendation that the Federal Reserve Telegraphic Code be reprinted and that the cost thereof be prorated among the Federal Reserve Banks in proportion to their usage of the original supply. In accordance with the foregoing recommendation, the new code books have been printed under the direction of the Leased Wire Committee, at a cost of $1,250.34, which has been paid by the Federal Reserve Batik of Chicago. Attached is a statement showing the proportionate use by all Federal Reserve Batiks o.f the original issue and the share of cost based upon such use. Please arrange to send check to the Federal Reserve Bank of Chicago for your Bank's share of the cost, as per this statement. Co~nittee Very truly yours, J. c. Noell, Assistant Secretary. TO GOVERNORS OF .ALL F. R. BANKS. X-6241--a F~DERAL RESER~ TJ!.i~RAPHIC CODE . --·-· Federal Reserve I No. of books used, Percentage of 1I Share of cost I :Bank Original '?otal issued ~of New Issue, i Issue. to F.R. Banks , :Eased upon use i I iof first issue J .. :Boston II i~ 3.08 New York I 55 12.12 151.54 i 13 2.86 35.76 .I' 35 7.71 96.40 Richmond .l 25 5.51 68.89 Atlanta I 49 10.79 134.91 32 7.05 88.15 49 10.79 Minneapolis 30 6. 61 82.65 City 45 9,91 123.91 Dallas 39 8.59 107.41 San Francisco 68 14.98 187.30 454 100.00 $1!_250.34 $ 38.51 I Philadelphia Cleveland I Chicago I I St. Louis I I Kansas I Total I 134.91
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