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FEDERAL RESERVE BOARD WASHINGTON X-3942 January 12 th, 1924. SUBJECT: EXPENSE MAIS LINE, Leased Wire System, December, 1923. Dear Sir: Saclosed herewith you will find two mimeograph state- ^ merits, X-3942-a and X-3942-b, covering in detail operations of * the main line. Leased Wire System, during the month of December, 1923. Please credit the amount pay obi e by your bank in the general account, Treasurer, U. S., on your books, and issue C/D Form 1, Hational Banks, for account of "Salaries and Expenses, Federal Beserve Board, Special Fund," Leased Wire System, sending duplicate C/D to Federal Beserve Board. Very truly yours, Fiscal Agent. (Enclosure) TO GOVEBSOBS OF ALL BANKS 61 X-3942-a. REPORT SHOWING CLASSIFICATION AND OF WORDS TRANS* MITTED OVER MAIN LINE OF THE FEEEiUL RESERVE LEASED WIRE SYSTEM FOR THE MONTH OF DECEMBER, 1923. From Boston New York Philodelphia Cleveland Richmond Atlanta. Chicago St. Louis Minneapolis Kansas City Dallas San Francisco TOTAL Percent of Treasury War Fed. Res. Total Bank Dept. Finance Corp. Bank Business Business (*) Business Business . ^1,753 254,758 65,010 93,374 75,846 91,843 149,904 93,763 61,534 97,386 81,366 142,764 3.34 20.39 5.20 7.47 6.07 7.35 12.00 7-50 4.92 7-79 6.55 11.42 l,249,go6 Board 287,257 (total 155 13 35 114 49,460 272,599 72,123 99,935 81,799 99,355 161,209 101,993 67,032 105,204 36,406 155,304 102,296 100.00 87«5&% 317 1,352,419 115,127 577 402,961 217,423 1,537,063 Percent of Total 7,707 17,841 7,113" 6,406 5,940 7,512 11,305 8,190 5,498 7,818 4,426 12,540 Total 894 1,755,380 12>39/° •Oy/» Bank Business 1,537,063 words or 87«6l$ n # Treasury Dept. 217.1+23 12.19% TOTAL 1,754,436 100.00^ (*) These percentages used in calcul ating the pro rat a sha^e of leased vira azpsnsas as shown on the accompanying statement (X-3942-t) FEDERAL RESERVE BOARD, Washington, D. C., January 12, 1924 Ct X-3942-b REPORT OF EXPENSE MAIN LINE FEDERAL RESERVE LEASED W IRE SYSTEM DECEMBER, 1923 Name of Bank Wire Operators' Operators t Salaries Overtime Rental Boston $ 250.00 $ New York 1,280.82 Philadelphia 190.83 Cleveland 388.00 Richmond 315.00 Atlanta 240.00 Chicago ' (#) 4,841.38 St, Louis 250.00 Minneapolis 275.00 Kansas City 346.64 Dallas 251.00 San Francisco 1,360.00 - - - W *• — — - 3*00 - - «• - - - * •* - - $17,115.65 *460.56 $17,115.65 Credits 250.00 $ 763.02 $ 25O.OO 4,658.10 1,738.38 1,73S.38 I9O.83 1,187-94 190.83 388,00 388.00 1,706.52 315.00 1,386.69 315.00 240.00 240.00 1,679.11 4,844.38 2,741.40 4,844.38 250.00 250.00 1,713.38 275.OO 275.00 1,123.97 346.64 346.64 1,779.63 251.OO 251.00 1,496.35 2,608.90 1,360.00 1,360.00 Payable to Federal Reserve Board $ 513.02 2,919.72 997.11 1,318.52 1,071.69 1,439.11 (*) 2,102.98 1,463,38 843.97 1,432.99 1,245.35 1,248.90 17,115.65 $27,564.88 $22,845.01 $10,449.23 (a„)4.71Q .87 $22,845.01 (#) Includes salaries of Washington operators. (&) Amount reimbursable to Chicago. (*) Credit. (a) Received $19.87 from War Finance Corporation and (4,700.00 from Treasury Dept. covering business for minth of December, 1923. FEDERAL RESERVE BOARD, Washington, D. C, January 12, 1924. $9,988.67 Total Expense $ 457.56 Fed. Res. Board TOTAL LZJ .. Pro Rata Share of Total Expense $14,498.76 (&) 2.102.98 *1^,395.78
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