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FEDERAL RESERVE BOARD WASHINGTON *• ADDRESS OFFICIAL CORRESPONDENCE T O THE FEDERAL RESERVE B O A R D X-3716 May 10, 1923. / r j SUBJECT: Expense Main L i n e , Leased Wire System, A p r i l , 1923- Dear S i r : Enclosed h e r e w i t h you w i l l f i n d two mimeograph s t a t e m e n t s , X~3?l6a and X-3?lbb, covering i n d e t a i l o p e r a t i o n s of the main l i n e , Leased Wire System, d u r i n g the month of A p r i l , 1923 • P l e a s e c r e d i t the amount payable by your bank in the g e n e r a l account, T r e a s u r e ? , U« S . , on your books, and i s s u e C/D Form 1, N a t i o n a l Batiks, fol* account of " S a l a r i e s atid Expenses, Federal Reserve Board, S p e c i a l Fund", Leased Wire System, sending d u p l i c a t e C/D to Federal Reserve Board. Very t r u l y y o u r s , F i s c a l Agent. (Enclosure) JL X-373 6a REPORT SHOWING CLASSIFICATION*"AND NUMBER OF WORDS TRANSMITTED OVER MAIN LINE OF THE FEDERAL RESERVE LEASED WIPE SYSTEM FOR THE MONTH OF APRIL, 1 9 2 3 . "^'OCT Bank Business J3G S ten New York Philadelphia Cleveland B:chmond Atlanta Chicago. St Louis Minneapolis Ivansas City Dallas San F r a n c i s c o Total F. R. Banks 32,7bl 219,611 53,713 83,314 63,397 72,116 13s,939 38,874 40,535 91,524 64,799 143,19s 287,787 TOTAL 142 42 116,270 294 1,214,845 36,169 -25. 374,051 202,439 389 1,588,896 87-24% 12.74% or 87-26% 202,439 " FEDERAL RESERVE BOARD, War Finance Corp . Business Total 39,70b 236,290 66,329 92,593 70,123 81,498 151,253 - - • - 110 - .02% • 1 ? . 7ll<L 100.00% 1,588,507 WASHINGTON, D. C - , 6,945 16,679 7,676 8,784 6,731 9,240 12,277 9,319 6,234 8,265 5,267 18,353 100.00 (*) MAY 1 0 , 1 9 2 3 . 2.98 20.00 5-35 7.63 5-77 6.57 12.65 8-09 3.69 8.33 5.9C 13.04 1,386,068 Percent of Total Treasury Treasury Bept. Business 1,098,251 Washington Grand Total Percent of Total Bank Business(*) These p e r c e n t a g e s used i n c a l c u l a t i n g t h e pro r a t a s h a r e of l e a s e d wire expenses as shown on the accompanying statement (X-37-lbb) 98,093 46,879 99,739 70,066 161,551 t'J Name of Bank Boston New York Philadelphia Cleveland Ri chmond Atlanta Chicago St• Louis Minneapolis Kansas C i t y Dallas San F r a n c i s c o Operators 1 Salaries 250.00 1,309.14 225-00 366,00 315.00 240.00 (#)4,735«l6 223.85 275.00 336.64 251.00 395-00 $ Operators 1 Overtime Wire Rental Total Expense $5*00 $ $ $8,921.79 (#) (&) (*) (a) - - - - - - - - - 2.00 •75 - . - - - - — - - $7.75 255.OO 1,309-14 225.00 366.OO 315.CO 240.00 4,737.16 224.60 275-00 336.64 251.00 395-00 16,956.51 16,956.51 $16,956.51 $25,886.05 (a)3,105.56 $22,780.49 Pro r a t a Share of Total Expense Credits 678.86 4,^6.10 1,218-76 1,738.15 1,314.43 1,496.68 2,881.73 1,842.94 840.60 1,897.61 1,344.05 2,970.58 $ 255.OO 1,309.14 $22,780.49 $8,929.54 Includes s a l a r i e s of Washington Operators» * Amount reimbursaole to Chicago. Credit. Received $5.56 from War Finance Corp. and $3,100.00 from Treasury Dept. covering b u s i n e s s f o r month of A p r i l , 1923' FEDERAL RESERVE BOARD, WASHINGTON, D. C., MAY 10, 1923. - - Fed. Res. Board TOTAL X-3?ibb REPORT OF EXPENSE MAIN LINE FEDERAL RESERVE LEASED WIRE SYSTEM APRIL, 1923' t J I *-> 225.00 366.OO 315.OO 240.00 4,737.16 224.60 275-00 336.64 251.00 395-00 Payable to Federal Reserve Board 423.86 3.246.96 993.76 1,372.15 999.43 1,256,68 (*)1,855.43 1,618.34 565.60 1.560.97 1,093.05 2,575.5S $ $15,706.38 (&)1,855.43 $13,850.95