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i 352 FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO T H E FEDERAL RESERVE BOARD X-7154 May 13, 1932. SUBJECT: Expense, Main Lines, Leased Wire System, A p r i l , 1932. Dear S i r ; Enclosed herewith you w i l l f i n d two mimeographed s t a t e m e n t s , X-7154-a and X-7154-b, 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 s , Leased Wire System, during t h e month of A p r i l , 1932. P l e a s e c r e d i t the amount payable by your bank i n t h e general account, T r e a s u r e r , U. S . , on your books, and i s s u e C/D Form 1, National Banks, f o r account of " S a l a r i e s and Expenses, F e d e r a l Reserve Board, Special Fund", Leased Wire System, sending d u p l i c a t e c/D to the Federal Reserve Board. Very t r u l y yours, F i s c a l Agent. Enclosures. TO GOVERNORS OF ALL F. R. BANKS. X-715U-a REPORT SHOWING CLASSIFICATION AH) NUMBER OF WORDS TRANSMITTED OVER MAIN LINES OF THE FEDERAL RESERVE LEASED WIRE SYSTEM FOR THE MONTH OF APRIL, 1932. Business reoorted by banks From Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas. San Francisco Total Words sent by New York chargea b l e to other F. R. Banks (1) 28,360 141,631 28,906 62,984 58,097 52,176 91,175 68,711 31,469 69,793 62,162 110.592 806,056 2,527 — 3,o4l 2,859 2,424 7,520 4,158 2,350 2,264 2,401 7,510 4.372 41,426 F. R. Board business Net F e d e r a l reserve bank business 30,887 141,631 31,947 65,843 60,521 59,696 95,333 71,061 33,733 72,194 69,672 114.964 847,482 Percent of t o t a l back bus ines s (*) 3.64 16.71 3.77 7.77 7.14 7.04 11.25 8.39 3.98 8.52 8.22 13.57 100.00 257,598 Reimbursable business Incoming and Outgoing T o t a l words t r a n s m i t t e d over main l i n e s (*) These percentages used i n c a l c u l a t i n g the pro r a t a share of l e a s e d wire expense as shown on the accompanying statement (X-7154-b). (1) Number of words sent by New York to o t h e r 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 November 2-4, 1925. 1,135,080 382.767 1,517,847 x-7154-b REPORT OF EXPENSE MAIN LIKES FEDERAL RESERVE LEASED WIRE SYSTEM, APRIL, 1932. Name of bank Boston Hew York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas City Dallas San Francisco F e d e r a l Reserve Board Total Operators' salaries $260.00 1,134.15 225.00 306.66 190.00 270.00 3,772.42 (#) 195.00 243.49 287-50 251.00 380.00 - $7,515.22 Operators overtime $ 5.00 3.00 Wire rental $ $265.00 1,137.15 — 225.00 306.66 — 230.00 (&) 420.00 — 270.00 2.00 3,774.42 195.00 — 243.49 — 287.50 — 251.00 — 380.00 15,653.20 15.653.20 $10.00 $15,883.20 $23,408.42 ~ — ** Reimbursable charges: Treasury Department. $2,753.65 Reconstruction Finance Corporation . 3.067.26 Federal Farm Loan Board. . . . . . . 30.43 Federal Farm Board 46.71 Less reimbursable charges Total (&) (#) (*) (a) Total exoenses Payable t o Federal Reserve Board Pro r a t a s h a r e of total expenses Credits $637.19 2,925.14 659.95 1,360.17 1,249.88 1,232.3S 1,969.35 1,468.70 696.71 1,491.46 1,438.94 2,375.47 $265.00 1,137.15 225.00 306.66 420.00 270.00 3,774.42 195.00 243.49 287-50 251.00 380.00 $372.19 1,737.99 434.95 1,053.51 829.88 962.38 1,805.07 (*) 1,273.70 453.22 1,203.96 1,187-94 1,995.47 $17,505.34 $7,755.22 $11,555.19 1,505.07 (a) $ 9,750.12 5,903.08 $17,505.3% M a i n l i n e r e n t a l , Richmond-Washington. Includes s a l a r i e s of Washington o p e r a t o r s . Credit. .Amount reimbursable to Chicago. CO Q\
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