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FEDERAL RESERVE B O A R D
W A S H I N G T O N
address official correspondence to
the federal reserve board

X-4256
January 3Q> 1925

SUBJECT:

Expense Main Line, Leased Wire System,
December, 192*.

Dear Sir:
Enclosed herewith you will find two mimeograph
statements, X-4256-a and X-4256-b, covering in detail
operations of the main line, Leased Wire System, during
the month of December, 1924.
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, sending duplicate C/D to Federal Reserve Board.

Yours very truly,

Fiscal Agent,
(Enclosures)

TO GOVERNORS OF ALL BANKS EXCEPT CHICAGO.




124

X-4256-a
REPORT SHOWING CLASSIFICATION AMD NUMBER OF WORDS
TRANSMITTED OVER MAIN LINE OF TEE FEDERAL RESERVE
LEASED WIRE SYSTEM FOR THE MONTH OF DECEMBER*
1924,

Total

26,240
197,921
37,315
69,861
41,007
62,388
96,771
67,270
39,429
67,577
55,962
102,91s

3.03
22.89
4.32
8.08
4.74
7.22
11 „19
7-78
4,56
7.82
6,47
11.90

7,807
18,054
6,943
9,617
7,548
10,031
12,071
9,199
5,934
9,327
6,231
17,512

34,047
216,005
46,258
79,472
48,555
72,469
108,542
76,469
45,363
76,904
62,297
120,430

864,659

100.00$

122,354

10 4

9S7,H7

285,777

139,059

1,814

426,650

1,150»436

261,413

1,918

1,413,767

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. x,ouis
Minneapolis
Kansas City
Dallas
San Francisco
Total
Board
•Total

War
Finance Corp.
Business

Percent of Total

81.37$

18.49$

(

From

Percent of... Treasury
3?otal Bank
Dept.
Business (*) Business

1 0 1 t 1 1 1 1 11 1

Fed. Res.
Bank Business

«l4$

Bank Business 1,150,436 words or 81.48%
Treasury Dept.
26l,4l3 words cr 18.52%
Total

1,411,849

"

" 100.00%
(*) These percentages used in calculating
the pro rata share of leased wire
expenses as shown on the accompanying
statement (X-4256-b)

FEDERAL RESERVE BOARD
Washington, D. C.
January 30, 1925




REPORT OF EXPENSE
MAIN LINE
FEDERAL RESERVE LEASED WIRE SYSTEM, DECEMBER, 1924

Name of Bank
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
j^ed. Res., Beard
TOTAL

Operators'Salaries

Operators1
Overtime

$

$

250.00
920.82
200.00
272.00
200.00
255.00
(*)3,775*24
200.00
• 183.40
265.64
251.00
380.00

—. -2.00

Wire
Rental

-

-

—

-

-

-

-

-

-

-

—

-

-

-

-

-

-

-

-

$14,788.34
$7,153*10

$2.00

$14,788.34

.Total
Expenses

Pro Rata
Share of
Total
Expenses

Credits

$

$

$

250.00
922.82
200.00
272.00
200>00
255.00
3,775.24
200.00
183.40
265.64
251.00
380.00
$14,788.34
1,9 43 * 44
(all.104.13
#17,833.31

540.53
4,083.42
770.66
1,441.42
845.5S
1,288.00
1,996.22
1,387.90
SI3.47
1,395.03
1,154.20
2,122.88

$17,839.31

4

X-4256-13

Payable t®
Federal
Reserve
Board

250.00
$ 290.53
922.82
3,160.60
200.00
570.66
272.00
1,169.42
200.00 (#) 850.25
255.00
1,933.00
3,775-24 (&)1,779-02
200.00
1,187.90
183.40
630.07
265.64
1,129.39
251.00
903.20
380.00
1,742.88

$7,155.10 $12,667.90
(b)l,779.02
$10,888.88

(#)
(*)
(&)
(a)

Includes $204.67 for branch line business transmitted over ma-in line circuit.
Includes salaries of Ytoshingtcn operators
Credit
the
Received $47.00 fromyWar Finance Corp. and $4,057.13 from the
Treasury Dept. covering business for the month of December, 1924.
(b) Amount reimbursable to Chicago




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