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.... FEDERAL RESERVE BOARD x-4951 WASHINGTON ADDRESS OFFICIAL CORRESPoNDENCE TO THE FEDERAL RESERVE BOARD SUBJECT: September 16, 1927. Expense, Main Line, Leased Wire System, August, 1927. Dear Sir: Enclosed herewith you will find two mimeograph statements, x-4951-a and x-4951-b, covering in detail opsrat.ions of the main line, Leased Wire System, during the month of August, 1927. Please credit the amount payabie by your bank in th~ general account, Treasurer, U. S., on your books, and issue C/D Form l, National Banks, for account of "Salaries and 'Expenses, Federal Reserve :hoard.+ Special Fund", Leased. Wire System, sending duplicate C/D to the Fedeta1 Reserve Board. Yours very truly, Fiscal Agent. Enclosures. TO GOVERNORS OF .ALL F. R. BANKS EXCEPT CHICAGO. • SITCWING CLASSIFICATION AND NUMBER OF WORDS TRANSMITTED 0~}1 ~~.:~.n; LINE OF THE FEDERAL RESERVE LEASED WIRE SYSTEM :roR THE MONTH OF AUGUST, 1927 • REFO:t~T From :Business reported b~ banks Words sent by New York chargeable to other F. R. :Ba.""lks( 1) 3,018 :Boston lTew Yolk Phi1ade1nhia Cleveland Richmond .Atlanta Chicago St. Louis Minneapolis Kansas City Da1l:=ts San_l'rancisco 32,082 139,197 40,967 80,098 47,688 60,115 106,793 79,176 33,100 77' 886 64,910 107,781 2,4o4 3,383 4,163 5,642 3, 774 3,812 3,639 a·712 ,889 3,672 Tota.l :Board 869,793 42,108 Total 35,100 139,197 43.371 83,481 51,851 65,757 110,567 82,988 36,739 81,598 Treasury War Finance Net Federal Department Corporation Reserve :Bank :Business :Business :Business Per cent of total bank :Business(*) 111,453 3.792 7,083 3,406 3,524 3,234 3.958 6,251 4,201 2,343 4, 6J..9 2,456 5,766 31,308 132,114 39,965 79,957 48,617 61,799 104,316 78,787 34,396 76,979 67,343 105,687 3.64 15.34 4.64 9.28 5.64 7.18 12.11 9.15 3.99 8.94 7.82 12.27 911,901 }22!148 1,235,049 50,633 "33,891.:· -;rr--;:-;:;g ~. :><: 7 861,268 282.254 1,150,522 100.00 69,79~ 100.0~ 6.84~ 93~16~ (*) These percentages used in calculating the pro rata share of leased wire expense as shown on the accompanying statement (X-4951-b). (1) Number of words sent by New York to other F. R. Banks for their sole benefit charged to banks indicated in accordance with action taken at Governors' Conference November 2 - 4, 1925. • FEDERAL 1I£me of :Bank Operators' Salaries :Boston $260.00 Nevi York 1,136.97 Phil qdeluhi ~225.00 Cleveland 296.66 Richmond 190.00 .A.tbnta 270.00 4,0f:~5.26(#) . Chicago St. Louis 205.00 Mi:nne::tpo 1 is 207.98 Kansas City 275.64 Dallas 251.00 San Fr~cis0o ~70.00 ;I!'ederal Reserve ]on_rd Total $7' 773.51 RK JRT 0?' EXPENSE MAIN LINE LEASED WIR"E SYSTEM, AUGUST, 1927 R"ESERV~ Operators' Overtime Wire Rental ~l5z35}.48 $15.353.48 Pro Rata Share of Total Ex1)enses Total ~xpenses Credits $260.00 1,136.97 225.00 296.66 190.00 270.00 4,085.26 205.00 207.98 275.64 $260.00 $784.21 1,136.97 3,304.88 225.00 999.65 296.66 1,999.30 190.00 1,215.09 270.00 1,5u6.s7 4,085.26 2,609.00 205.00 1, 971.29 207.98 859.61 1,926.05 275.64 251.00 1,684.75 370.00 2,643.47 l2z323!48 $23,126.99 $21,544.17 1, 282. 82 (a) 25}-.00 370.00 $7.773.51 (8~) $15,451.59 r~4z6.26(b) $13,975.33 Includes $204.67 for branch line business transmitted over rna.in line circuit. Includes salaries of WA.shington operators. Credit. Received $1,582.82 from Treasury Department covering business for the month of August, 1927. Amount reimbursable to Chicago. • $524.21 2,167.91 774.65 1,702.64 1,229. 76(&) 1,276.87 1,476.26(*) 1,766.29 651.63 1,650.41 1,433.75 2,273.47 . ~21,544.17 ( #) (*) (a) (b) Payable to Federal Reserve :Board •
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