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
T H E FEDERAL RESERVE BOARD
3-4604
May. 18, 1926,
SUBJECT: Expense Main Line, Leased Wire System,
April, 1925.
Dear S i r :
Enclosed herewith you w i l l find two mimeograph
statements, X-4604-a and X-4604-"b, covering in d e t a i l
operations of the main l i n e , Leased Wire System, during
the month of A p r i l , 1926.
Please c r e d i t the amount payable "by your "bank
in the general account, Treasurer, U. S., on your cooks,
and issue C/D Form 1, National Banks, f o r account of
"Salaries and Expenses, Federal Reserve Board, Special
Fund", Leased Wire System, sending duplicate C/D to Fede r a l Reserve Board.
Yours very t r u l y ,
F i s c a l Agent.
TO GOVERNORS OF ALL F. R. banks EXCEPT CHICAGO
(•Enclosures)
J
V
X-4604-a
REPORT SHOWING CLASSIFICATION AND NUMBER OF WORDS TRANSMITTED OVER MAIN LINE OF THE
FEDERAL RESERVE LEASED WIRE SYSTEM FOR THE MONTH OF APRIL, 1926.
Business
reported
by banks
From
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Loui s
Minneapolis
30,070
133,737
37,205
72,139
44,137
5o,l66
97,681
73,006
Words sent
by New York
chargeable
t o other
F.R.Banks ( l )
488
-
623
1,295
1,917
3,001
2,083
Kansas C i t y
D&llad
San F r a n c i s c o
70,357
54,656
103,935
1,758
1,743
1,779
3,937
2,372
Total
207,761
20,936
32,642
Board
Total
Per cent of t o t a l
Total
30,558
133,737
37,828
73,^3.4
46,054
61,167
99,764
74,764
34,385
72,136
Treasury
Dept.
Business
3,H3
3,579
2,949
2,808
1,835
2,362
3,752
War
Finance •
Net
1C o r p o r a t i o n Fed. R e s e r v e
Business
Bank B u s i n e s s
-
-
-
27,445
130,158
34,579
3.45
16.35
44,219
58,805
5-55
7.3S
12.06
9.02
4.16
8.73
7.23
12.82
100.00
96,012
58,623
106,307
1,072
4,221
-
828,757
32,477
-
796,280
288,608
24.710
57,187
29
29
1 ,117,365
100#
-
1,271
-
2,576
-
-
4,38
6.S7
70,626
71,825
33,114
69,560
57,551
102,086
2,939
Per c e n t of
t o t a l bank
Business (*)
263,869
1,060,149
9.1#
(*)
These percentages used in c a l c u l a t i n g the pro r a t a share of leased wire expense as shown on t h e
accompanying statement (X-46c4-b)
(l)
Number of words sent by New York to other F. R. Banks f o r t h e i r sole b e n e f i t charged to banks
i n d i c a t e d , in accordance with a c t i o n taken a t Governors' Conference Nov. 2-4, I925.
X—MuC*T— D
REPORT OF EXPENSE MAIN LINE
FEDERAL RESERVE LEASED WIRE SYSTEM, APRIL, 1926.
Name of Bank
Operators 1
Salaries
$ 260.00
Boston
New York
944.16
Philadelphia
216.66
Cleveland
284.50
Richmond
180.00
Atlanta
275.00
Chicago
(f)3,902.83
S t , Louis
242.00
Minneapolis
184.47
Kansas City
275.64
Dal 1 as
251.00
San Francisco
360.00
Federal Reserve Board
Total
(&)
(*;
(' )
(a)
(b)
$7,376.26
Operators 1
Overtime
$ 5-00
Wire
Rental
-
$15,345.67
$ 5,00
$15,348.67
Pro r a t a
Share of
Total
Expense
Total
Expenses
$
265.00
944.16
216.66
284.50
180.00
275.00
3,902.83
242.00
184.47
275-64
251.00
360.00
15,348.67
$22,729.93
(4L16L92
$21,565.94
$
744.02
3,526.03
944.59
1,912.90
1,196.91
1,591.57
2,600,85
1,945.25
897.14
1,882.71
1,559.22
2,764.75
-
$21,565.94
Payable to
Federal
Reserve
Board
Credits
$
265.00
944.16
216.66
284.50
180.00
275.00
3,902.83
242.00
184.47
275.64
251.00
360.00
$
479.02
2,581.87
727.93
1,628.40
(6)1,221.58
1,316.57
(*)1,301.98
1,703.25
712.67
1,607.07
1,308.22
2,404.75
$7,381.26
$15,691.33
(b)1,301.98
$14,389.35
Includes $204.67 f o r branch l i n e business transmitted over main l i n e c i r c u i t .
Includes s a l a r i e s of Washington operators.
Credit.
Received $0.67 from War Finance Corporation, and $ 1 , 1 6 3 . 3 2 from Treasury Department covering
business f o r the month of A p r i l , 1 9 2 6 .
Amount reimbursable to Chicago.
OK
WW
Oi
@FedFRASER