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FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO THE FEDERAL RESERVE BOARD X-4668 September 15, 1926. SUBJECT: Expc:1Se, Main Line, Leased Wire System, August, 1926. Dear Sir: Enclosed herewith you will find two mimeograph statements, X-4668-a and X-46.68-b, covering in detail operations of the main line• Leased Wire System, during the month of August, 1926. 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 Wire System,. sendir.g duplicate 0/D to the Federal Reserve Board. Yours very truly, Fis cal Agent. Enclosures. TO GOVERNORS OF ALL F. R. :aANKS EXCEPT CHICAGO. v X-4668-a REPORT SHOWING CLASSIFICATION AL'JD NUMBER OF .WORDS TRk"fSMITTED OVER MAIN LINE OF THE FEDERAL RESERVE LEASED WIRE SYSTEM FOR THE MONTH OF AUGUST, 1926. Business reported by banks From Boston New York Philadelphia Cl~veland Richmond Atlant& Chica.go St. Loui>3 Wnneapolit Y.JJ•:lsau City Dallal Sf:m Fra.nciaco To·~li.l 30, 7~ 126,175 35,781 72,625 44,178 59 ,09~ 97,717 84,789 35,549 70,915 51,489 98,56} 807,617 F.R.Board Toto.l Por cant of Total Words sent by New York chargeable to other F. R. Banks (1) Total ~85 31,315 126,175 36,466 1,570 2,836 3.338 2,589 2,047 1,905 2,395 4,303 2,247 24,490 4 7,014 ,2, 4j4 100,306 86,836 37,454 73,310 55.792 100,81() 832,107 575 7!~,195 ~L~ 1,125,468 100% Treasury Department Business War Finance Corporation Business 3,5044,cso 2,660 2,971 2,921 3,697 4,301 3,941 1,469 3,31+2 1,591 5,}18 39,795 ~J_671 ~,4bb 5-82% 25, .02% Net Federal Reserv9 Bank Bus in es a 27,811 122,095 33,806 71,224 44,093 58,737 96,005 82,895 35,985 69,968 51+,201 95,492 792,a12 26~~ 1,059,7 94.Hi% (*) Thede percenta.geil used in calculating the pro ra.ta. sh<1.re of leased wire expense as shown on the accompanying statement (X-46•8-b). (1) Nunber of words sent by New York to other r. R. Banks for their sole benefit charged to banks indicated, in accordance with action taken &t Governors' Confer.uce November 2- 4, 1925. Per cent of total bank Busineu(*) 3-51 15.41 4.27 8.99 5-57 7.41 12.12 10.46 4.54 8.83 6.84 12~65 1CC.C0 .., J > X-4668-b REPORT OF EXPENSE W.AIN LINE FEDERAL RESERVE LEASED WIRE SYSTEM, AUGUST, 1926. / Na.rpe of Bank 1 ' Bq'<>ton N~" York P.hi lade lphia. Cleveland Operators' Salaries Operators' Overtime Wire Rental $26C.vC $260.00 1,100.16 r 66 2 1... b. $21.00 1,121.16 216.66 284.50 185.00 255.00 4,172.90 272.00 183·34 284,50 ~i ~ h.'Xlon d 185.00 .J,1;-.La.nta 255.0J Chic~go (#)4,172.90 St. Lou:i.s 272.00 Minneapolis 183-34 :&.mll!aS City 275.64 :Oa11J.s 251. J::San Franci.;co 3"(C.Cv Y'ederal Reserve Bos.rd Total $7,826.20 Tots.l Expenses 275~64 $15,339·53 $21.00 251.CC 37v.CO 15,339·53 $15,339·5j $23,186.73 (a) 1.354. 90 $21,831.83 Pro Eata Share of Total Expenaa Credits $ 7S6. 30 3,364.28 932.22 1,962.68 1,216.03 1,617.74 2,646.02 2,283. 61 991.16 1,927-75 1 1 L}9}, 30 2,630.74 .~ 26-:. cc 1,121.16 216.66 254. 5G 135o0(.. 255.00 4,172.90 272.00 183.34 275.64 251. (;:;:, 370o00 $5(;6. 30 2,243.12 715.56 1,678.18 (&}1,235· 70 . 1,362. 74 (*)1,526.88 2,Cll. 61 S07 .82 1,652.11 1,242.3C 2,26o.74 :t21 ,831. 8 3 ;'(,7 ,547. 20 $15,716.18 (b)l 1 226.8S $14,189.30 (&) Inc:::.udes ;~204. 67 fer br.l!U'lCh line business tra."l.ami tted ever rr..n.in line circuit. (#) Includes salaries of W&~.shington operators. (*)Credit. (a) Received $1,348.72 from Treasury Dept., and $6.18 from War FinB.nce Corpora.tion covering business for the month of Auguat, 1926. (b) .A,...'Ilount reimbursable to Chicago. Payable to Federal Reserve Board
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