The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO THE FEDERAL RESERVE BOARD - X-4062 r May 15, 1924. SUBJECT: EXPENSE MAIN LINE, Leased Wire System, April, 1324. Dear S i n Enclosed herewith you will find two mimeograph statements, X-4o62-a and X-4o6a-b, covering in d e t a i l operations of the main line, Leased Wire System, daring the month of April, 1324. Please credit the amount payable by your bank in the general account, Treasurer, U, S., on your books, and issue C/D Form 1, National Banks, for account of "Salaries and Expenses, Federal Reserve Board, Special Fund", Leased tVire System, sending duplicate C/D to Federal Reserve Board. Very truly yours, Fiscal Agent. (Enclosure) TO GOVERNORS OF ALL BANKS. (EXCEPT CHICAGO) X-4o62-a REPORT SHOWING CLASSIFICATION AND NUMBER OF VORDS TRANSMITTED OVER MAIN LINE OF THE FEDERAL RESERVE LEASED WIRE SYSTEM FOR THE MONTH OF APRIL, 1924. From Percent of Fed. Res. Total Bank Bank Business Business (*) Total 32,920 237,547 52,112 89,924 74,454 79,271 139,50b 94,144 51,259 91,967 69,567 132,061 2.88 20.75 4.55 7.86 6.5o 6.92 12.19 8.22 4.48 8.03 6.08 11.54 3,608 10,817 5,127 3,420 3,299 4,135 8,232 4,103 2,519 4,420 2,345 7,315 36,528 248,364 57,239 93,344 77,753 83,406 147,738 98,247 53,778 96,387 71,912 139,376 1,144,732 100.00 59,3^0 l,204,072 Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco . TOTAL Treasury War Dept. Finance Corp. Business Business Board 272,702 46,452 3 54 319,508 Total 1,417,434 105,792 354 1,523,580 Percent of Total 6.94f, 93-04$ .02# Bank Business 1,417,4-34 words or 93*05% Treasury Dept. 105,792 n " 6.95% TOTAL 1,523,226 lOO.OOfo (*) Tnese percentages used in calculating the pro r a t a snare of leased wire expenses as shown on the accompanying statement (406s-b) FEDERAL RESERVE BOARD, Washington, D. C. m y : 15, 1924. 4 REPORT OF EXPENSE X-4o62-b MAIN LINE FEDERAL RESERVE LEASED WIRE SYSTEM APRIL, 1924, Name of Bank Operators' Salaries Operators1 Wire Overtime Rental Boston $ 250.00 $ New York 1,356.65 Philadelphia 200.00 ' Cleveland 388.00 Richmond 315.00 Atlanta 255.00 Chicago (#) 4,973.76 St, Louis 260,00 Minneapolis 283-33 Kansas City 365.51 Dallas 251.00 San Francisco 38o.oo Fed. Res. Board TOTAL $ 9,278.25 $ _ w- — _ w' 17,086 - Total Expense Pro Rata Share of Total Expense Credits 250.00 $ 623.70 $ 250.00 373.70 1,356.65 4,493,68 1,356.65 3,137.03 200,00 98.5.36 200.00 7S5.36 388,00 1,702,19 388.00 1,314.19 1,407.66 315.00 1,092,66 315.00 1,498.61 255.00 1,243.61 255-00 4,973.76 2 , 6 3 9 . 9 0 4,973.76 (*) 2,333.86 260.00 1.7S0.15 260.00 1,520.15 283-33 970.20 686,87 283-33 365.51 1,739.00 365.51 1,373.49 251.00 1,316.70 251.00 1,065.70 360,00 2,499,14 2,119.14 380.00 $17,086.85 $26,365.10 $21,656.29 $9,278.25 $14,711,90 (A) 4,708.81 (&) 2,333.86 $21,656.29 $12,378.04 f$) Includes s a l a r i e s of Washington operators, (*) Credit. (A) Received $8,81 from # r Finance Generation and $4,700.00 from Treasury Department covering business f o r the month of April, 1924, (&) Amount reimbursable to Chicago, Payable to Federal Reserve Beard
@FedFRASER