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r FEDERAL RESERVE BOARD 674 WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO T H E FEDERAL RESERVE BOARD X-U139 September 17. 1924. 3JBJECT: EXPENSE MAIN LINE, Leased Wire System, August, 1924. Dear S i r : Enclosed herewith you w i l l f i n d two mimeograph" s t a t e m e n t s , X-4l59~a and X-4l59~b, covering i n d e t a i l operations of the main l i n e , Leased Wire System, during the month of August, 1924. P l e a s e c r e d i t the amount payable by your bank i n the general account, T r e a s u r e r , U. S . , on your books, and issue c / e For® 1, National &nks, f o r account of " S a l a r i e s ard Expenses, Federal Reserve Board, Special Fund," Leased Wire System, sending d u p l i c a t e c / f to Federal Reserve Board. Very t r u l y y o u r s , Fiscal Agent. (Enclosures) To Governors of a l l banks (except Chicago). 675 X-4l59-a REPORT SHOWING CLASSIFICATION AND NUMBER OF WORDS TRANSMITTED OVER MAIN LINE OF THE FEDERAL RESERVE LEASED WIRE SYSTEM FOR THE MONTH OF AUG IB T, 1924. Fed. ResBank Business Frcm Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco Total Percent of f . c t a l Bank J3usiness(*) Treasury Dept. Business War Finance Corp. Business Total 27,273 141,793 35.880 63,529 54,663 57,436 23,34l 135 > 1 0 31,895 60,236 51,18254,051 85,236 63,934 36,763 61,398 46,452 101,355 3.11 18-02 4.25 8.02 6.81 7-20 11-35 8.51 4.89 8.17 6.18 13.49 3,932 6,383 3,985 3,293 3,481 3,385 5Ms 4,521 2,345 3,777 2,3 91 7,537 751,253 100.00 50,328 801,521 90,73% 62,455 ' - 39,ics 65,175 4 s , 643 102,892 Board 269,813 27,58b 297,399 Total 1 ,021,066 77,914 1,098,980 92,97% r— Percent of Total Bank Business 1,021,066 words or 92.91 /» « 7-09 1° Treasury Dept. „ 77,91% " TOTAL 1,098,980 " "100-00 (*) These p e r c e n t a g e s usi the pro r a t s s h a r e 0: expenses as shown on statement (X-4l59b) FEDERAL RESEBV1 BOARD Washington, D. C. September 17, 1924. REP GET OF EXPENSE MAIN LIKE FEDERAL RESERVE LEASED WIRE SYSTEM, AUGUST, 1924, Name of Bank Boston New York Philadelphia Clevel and Richmond Atlanta Chicago St * Louis Minneapolis Kansas City Dallas Ban F r a n c i s c o 3u » lies » £>oaro Operators' Operators' Salaries Overtime $ 250.00 1,513.9s 200.00 272.00 315-00 255.00 (#) 4 , 3 2 7 9 3 274,60 183-34 346.64 251.00 . 330-00 Total Expense $ . $ 2.00 - ' so,bog.49 WireRental i 2.00 Pro Rata Share of Total Expense 250,00 1,513'98 200,00 272.00 315.00 255.OO 4,329,93 274,60 183-34 — 346.64 251.00 320,00 $15,979.4% 15,979-42 $ ^15,979.42^24,550.91 UUJcoxo $22,350.91 $22,350,91 Cred i t s 710,66 $ 250.00 4,117,73 . 1,513-98 20c.CO 971.16 272.00 1,832-64 315-00 1,556.15 1,645.27 255.CO 2.593.5S • ^,329.93 l,944.61 274,60 I,H7.4I 183'34 1,366.92 346.64 1,412.19 251.00 3,032.59 380,00 (#) Includes s a l a r i e s of Washington o p e r a t o r s . (*) C r e d i t (a) Received $ from the War Finance Corporation and $1,700.00 from Treasury Dept, covering b u s i n e s s f o r the month of August, 1924, (&) Amount r e i m b u r s a b l e to Chicago # X-l+159-b $3,571,49 Payable to Federal Reserve Board $ 460.66 2,603.75 771.16 1,560.64 l,24i.i5 1,390.27 (*)1,736.35 • l ,670.01 934.07 1,520.22 1 ,161.19 2,702.59 $16,015.77 ( i ) 1,736.35 n^,27§A:
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