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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 jssek 0: