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FEDERAL RESERVE BOARD I WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO THE FEDERAL RESERVE BOARD X-6603 May 21, 1930. SUBJECT: Expense, Main Line, Leased Wire System, April, 1930. Dear Sir:, Enclosed herewi th you will find two mimeograph statements# X-6603-a and ^-66ti3*'b, coveting in detail ope rati bns of thf nlain line; leased Wire System, during the month of Jl&ril, 1930. Pleasb credit the amount payable by your bank in the genbral stdbbiint# (Treasure*; i tJ* S., on your "books, and issue C/D Form 1, National Banks, for account of "Salaries and Expenses, Federal Reserve Board, Special Fund", Leased Wire System, sending duplicate C/D to the Federal Reserve Board. Very truly yours, Fiscal Agent,. Enclosures. 10 GOVERNORS OF ALL F. R. BA3KS EXCEPT CHICAGO. 535 x-66o>a REPORT S-'OWIHG- CLASSIFICATION AMD FJ'^BSR OF 70RDS TRANSMITTED OVER MAITT LIKE OF THE FEDERAL RESERVE LEASED WIRE SYSTEM FOR TKS ??OFTF OF APRIL, 1930. Business reported by "banks From Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco Total 29,194 158,859 34*697 91,193 56,431 64,705 114,101 83,167 33.712 83,945 65,194 106,463 921,661 Words sent "by YTew York chargeable to other F. R. Banks (l) 1,115 914 2,319 2,163 6,645 3,001 2,533 2,1'43 2,111 7,676 3,259 34,079 F. R. Board "business Het Federal Reserve Bank "business 30,509 158,859 35,611 93,512 58,594 71,350 117,102 85,700 35,855 86,056 72,870 109,722 955,740 Percent of total tank business (*) 3.19 l6,62 3,73 9.78 6.13 7.47 12,25 8.97 3-75 9.00 7.63 11.48 100.00 269,636 Treasury Department "business - Incoming and Outgoing Total words transmitted over main lines 1,225,376 153,513 1,378,889 These percentages used in calculating the iro rata share of leased wire exoenst as shown on the accompanying statement (X-6603-b) (l) I^umber of words sent "by Hew York to other.F. R. Banks for their sole benefit charged to banks indicated in accordancc with action taken at Governors' Conference November 2 - 4 , 1925. 0? ^ x-66o>b REPORT OF EXPE1TSE :'AIM LI?® FEDERAL HE SERVE LEASED WIRE SYSTEM, APRIL, 1930. Name of bank Operators1 Salaries (&) (#) (*) (a) (b) t 7,526.84 5 + 00 — - — — - — — $ 5.00 $ — Total Expenses 8 Total $ Wire Rental & CVJ Boston $ 260.00 New York 1,037-46 Philadelphia 225-00 Cleveland 306.66 Richmond 190.00 Atlanta 270.00 Chicago 3,923.09(#) St. Louis 195.00 Minneapolis 201.13 Kansas City 287.50 Dallas 251.00 San Francisco 380.00 ~ Federal Reserve Board Operators1 Overtime 1,037.46 225.00 306.66 230.00( &) 420.00 270.00 3,923.09 195-00 201.13 — 287-50 251.00 — 380.00 15,615.21 15,615.21 ' — - - - $ 15.SU5.21 Pro Rata Share of Total Expenses 662.71 3,452.72 774.89 2,031.74 1,273-48 1,551-85 2,544.87 1,863.47 779-04 1,869.70 1,585-09 2,384.91 Credits $ 265.00 1,037.46 225.00 306.66 420.00 270.00 3,923.09 195.00 201.13 287-50 251.00 380.00 $ — — $23,377 05 $ 20,774.47 2,602.58(a) $20,774.47 Payable to Federal Reserve Board. $ 397-71 2,415.26 549.89 1,725-08 853-48 1,281.85 1,378.22(*) 1,668.47 577-91 1,582.20 1,334.09 2,004.91 — 7,761.84 $ 14,390.85 1.376.22 (b) $ 13,012.63 Main line rental, Richmond-Washingt0 n. Includes salaries of Washington operators. Credit. Received $2,602-58 from Treasury Department covering business for the month of Aoril, 1930. Amount reimbursable to Chicago. ot
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