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FEDERAL RESERVE BOARD washington ADDRESS OFFICIAL CORRESPONDENCE T O T H E FEDERAL RESERVE BOARD X-9329 September 27, 1935. SUBJECT: Expense, Main Lines, Leased Wire System, August, 1935. Dear Sir: Inclosed herewith you will find two mimeographed statements, X-95?.9-a and X-9329-b, covering in detail operations of the main lines Leased Wire System, during the month of August, 1955. Please credit the amount payable by your bank for your share of the expense of the Leased Wire System, to the Federal Reserve Bank of Richmond in your daily statement of credits through the Gold Settlement Fund for the account of the Board of Governors of the Federal Reserve System, and advise the Federal Reserve Bank of Richmond by wire the amount and purpose of the credit. Very truly yours, Fiscal Agent. Inclosures. TO GOVERNORS OF ALL F. R. BANKS. 254 X-9329-a REPORT SHOWING CLASSIFICATION AND NUMBER OF WORDS TRANSMITTED OVER MAIN LINES OF THE FEDERAL RESERVE LEASED WIRE SYSTEM FOR THE MONTH OF AUGUST, 1935. Business reported by banks From Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco Total 29,856 127,924 27., 617 42,449 47,614 47,903 82,459 35,255 37,320 64,171 53,325 81.868 705,741 Board business . Words sent by New York chargeable to other F . R. Banks (l) 925 - 1,131 924 1,035 901 1,090 1,324 862 317 1,466 2.385 12,958 Net Federal reserve bank business 50,781 127,924 28,748 43,373 48,649 48,804 83,549 64,559 38,182 65,088 54,791 84.251 718,699 • • 299,795 Reimbursable business Incoming & Outgoing Total words transmitted ewer main lines. (*) These percentages used in calculating the pro rata share of leased wire expense as shown on the accompanying statement (X-9323-b). (l) Number of words sent by New York to other F. R. Banks for their sole benefit charged to hmnk-R indicated in accordance with action taken at Governors' Conference November 2-4, 1925. Per cent of total bank business (*) 4.28 17.80 4.00 6.04 6.77 6.79 ~ 11,63 8.98 5.31 9.06 7.62 11.72 100.00 1,018,494 721.752 1,740,246 1 fO Or > X-9329-b REPORT OF EXPENSE MAIN LINES FEDERAL RESERVE LEASED WIRE SYSTEM, AUGUST, 1955 Name of bank Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas CityDallas San Francisco Board Total Operators' Salaries 1 Retirement Contributions 260.00 $ 24.65 1,558.29 122.79 225.00 20.25 306.66 27.60 190.00 17.35 262.50 21.52 4,317.16(#) 336.15 195.00 17.43 198.73 16.99 287.00 25.83 251.00 22.34 380.00 32.05 - #8,231.34 $684.93 Main line rental, Richmond-Washington Includes salaries of Washington operators Credit Amount reimbursable to Chicago $ Wire Rental - - - - - - 230.00(&) — — - - - - - - — - - - - - — Less Reimbursable Charges (&) (#) (*) (a) Operators11 overtime - - 15,115.70 |15,345.70 Total expenses Pro rata share of total expenses $ 284.65 # 607.74 2,527.52 1,481.08 567.68 245.25 857.65 334.26 437.35 961.31 284.02 964.15 4,653.31 1,651.41 212.43 1,275.12 215.72 753.99 312.85 1,286.48 273.34 1,082.00 412.03 1,664.18 15,115.70 ^24,261.97 $14,199.53 — 10,062.44 $14,199.53 Credits $ Payable to Board 284.65 $ 323.09 1,481.08 1,046.44 245.25 322.73 334.26 523.39 437.35 523.96 284.02 680.13 4,653.31 3,00!.90(*) 212.43 1,062.69 215.72 538.27 312.83 973.65 275.34 808.66 412.03 1,252.15 — $9,146.27 — $8,055.16 5,001,90(a) #5,055,26 8
@FedFRASER