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515 W. P. G. HARDING, GOVIRNOR ALBERT STRAUSS, YICI GOVIBHOR ADOLPH C.IIILLEB CHARLES S. HAMLIN ·HENRY A. II&EHi!!!NPAH 11X OI"PICIO MIII!IBI:II. .DAVID F. HOUSTOII JECBITARY OF THI TREASURY CIAIRIIAN FEDERAL RESERVE BOARD JOHN SKELTON WILLIAMS COIIPTliOLUR GP THI CURRINCT ADDRESS REPL.Y TO FEDE;RAI- RESER.VE BOARD W. T. CHAPIIAN, SECRETARY R. G. EMERSON, AISIITANT SICIITAIY W. II.IIILAY, FISCAL AGENT WASHINGTON X-1955 June 18, 1920. SUBJECT: EXPENSE MAIN LINE LEASED WIRE SYSTEM .. Dear Sir:Referring to Board's letter X-1923, of May 12, 1920. and to my telegram of June 17, in regard to the above matter, you will find enclosed herewith two mimeograph statements, X-1955& and X-1955B, covering in detail operlitions during the month of May. If you have not already done so, ~ill you please cover the amount due from your bank by a C/D, Form 1, National Banks, for credit of "Salaries and Expenses, Federal Reserve Board, Special ~un<l," Expense Main Line Leased \":ire System, and mail duplicate to the i'edera.l Reserve Board. Very truly you.rs, Fi seal Agent. For Chai~ of all F. R. Banks except Chicago. 516 c: ·.• X-1955 a REPORT SHOWING CLASSIFICATION AND NUMBER OF WORDS TRANEMITTED OVER MAIN LINE OF THE LEASED WIRE SYSTEM FOR THE MONTH OF .. MAY, 1920 Boston New York Philadelphia Cleveland Richmond Atlanta. Chicago St .. touis Minneapolis Kansas City Dallas SanFra.ncisco Total F~R. Banks Federal Reserve Board Grand Total BANK BUSINESS FISCAL AGENCY . 449b0 184661 39626 83986 75162 6131 13052 . 36~7 8446 1735 766o 2749 3937 3597 8109 3l321 133643 103518 37367 88297 83712 3028 1318,1 111;;5 1104062 239002 . 1343c64 73216 128]11 201587- 'JAR FINANCE 43 1334 80 25 71 107 41 129 22 26 47 1925 3Il8 5303 TOTAL 51134 199o47 43273 92494 76922 99052 136499 107496 41093 96428 86766 148999 1179203 310151 ~541954 Bank business is ' ' Fiscal Agent Business is War Finance Business is Bank Business 1,3431 064 words, or 86.95% Fiscal Agcy " 20l,g81 " " 13~05 Total lJ 544, 51 " 100 ·<86.65% 13.01 .34 100 ~ X-1955 EXPENSE M!.lli._ LINE tEASED ';fiRE SYSTEM May -· Name of Bank Wire Rental Operators' Salaries Operators' Overtime $ 2.00 17.00 1.50 Total Salary Expense l92G ~ords sent by bar~s on bank business. per-cent Number of total 44,.960 164,661 39.. 626 83,968 75.. 162 4.07 16.73 3-59 7<>61 6.el 91,321 8.27 8.00 133 .. 643 12.10 25.00 103.,518 37,367 85.,297 83 .. 712 9·38 3·38 137.. !527 12.48 3)+2 Expense Credit s.oo 7·58 ?ire Rental~ Main Line (#)Cut-in, Richmond - ·7ash. Line s~~ries of Operators Amount received from ~ar Finance Corporation covering Business Feb. and March $34} .. 60 April 320.15 663.15 $13 .. 780.05 ( •) Includ~s salaries paid to Operators ·Washington Office; $1,869.98 b
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