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FEDERAL RESERVE BOARD ^ WASHINGTON X-U5O3. ADDRESS OFFICIAL CORRESPONDENCE TO THE FEDERAL RESERVE BOARD January 18, 1326. SUBJECT: Expense Main Line, Leased Wire System, December 1925* Dear Sir: Enclosed herewith you will find two mimeograph statements, X-4503-a and X-U503~b, covering in detail operations of the main line, Leased Wire System, during the month of December, 1925. 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 Feddfal Reserve Board. Yours very truly, Fiscal Agent. (Enclosures) T G V R O S OF ALL BANKS EXCEPT CHICAGO. O OENR REPORT SHOEING CLASSIFICATION A D N M E O W R S TRANSMITTED O E MAIN LINE O T E N U BR F O D VR F H FEDERAL RESERVE LEASED WIRE SYSTBI F R T E M N H OF D C M E 1925. O H OT EE BR Percent of Fed.Res. Total Bank Bank Business BusinessC*) From Boston New York Philadelphia Cleveland Richmond. Atlanta Chic/jge St. Louis Minneapolis Kynsas CityDallas San Fr<mcisoo 33,550 iU5,2gg 38,596 75,'llU 47,45s 66,276 105,433 77,897 37,467 85,563 68,244 106,946 Total 887,843 Board Total 1,176,032 288,189 Per cent of total 87.08# 3.78 16.36 \35 it, 46 5-35 7.46 11.87 8.77 4.22 9.64 7,69 Words sent War By ITew York Treasury Finance chargeable Dept. Corporation to other Business Business F.R.Banks(l) 5,751 10,382 767 w 5,558 7,623 6,068 7,305 10,059 6, 808 - 723 749 726 - 5,067 «« - 2,351 1,735 135 12.05 4,908 7,654 3,760 11,956 57 2,422 5,194 2,692 100.00 87,832 192 24,152 86.277 174,109 433 12.89$ — 1,726 241 .03$ Business Reported by Banks 38,534 155,671 43,431 81,988 52, 810 68,514 113,141 82,970 40,649 90,930 66,810 116,267 951,715 X-l+503-a Total 39,301 155,671 44,154 82,737 53,536 73,581 115,492 84,705 42,375 93,352 72,004 118,959 975,8S7 ,374,707 1,350,574 100.00% (*) lhese percentages used in calculating the pro rata share of leased wire expense as shown on the accompanying statement (X-4503-b). ( l ) Number of words sent by New York to other F. I . Banks for their sole benefit charged to banks indicated, in accordance with action taken at Governors' Conference Nov. 2-4, 1925. X 1 X-4503-T3 REPORT OF EXPENSE MAIN LINE FEDERAL RESERVE LEASED WIRE SYSTEM, D C M E 1925EE BR Operators' Salaries Name of Bank Boston New York Philadelphia Cleveland Richmond Atlanta Chicago Sc. Louis Minneapolis Kansas City Dallas San Francisco Federal He-serve Board Total $ 250.00 933-48 Operators' Overtime $1.00 — Wire Rental $ mm 216.66 280.33 175-00 225.00 # 3,768.96 200,00 !83.34 275*64 251.00 380.00 - $7,139.41 Total Expenses $251.00 933.48 216.66 280.33 - - *• — - 2,00 - - - $3.00 175.00 225,00 3*770.96 200.00 I83.34 275*64 251.00 380.00 .83 15,359.8) 15,259 - $15,359.S3$22,502.24 W2.911.09 $19,591.15 Pro Rata Share of Total Expenses $ 740.55 3,205.11 852.21 1,657*41 1,048.13 1,461.50 2,325.47 1,718.14 826.75 1,888.59 1,506.56 2,360.73 - Credits $ Payable to Federal Reserve Board 251.00 933.48 216.66 280.33 175.00 225.OO 3,770.96 200.00 183.34 275.64 251.OO 380.00 $ 635.55 1,377.08 & 1,077.80 1,236.50 * 1,445.49 1,518.14 643.41 1,612.95 1,255.56 1,980.73 - - $19,591.15 $7,142.41 489.55 2,271.63 $14,098.90 (b)1,445.49 $12,653.41 (&) Includes $204.67 for branch l i n e business transmitted over main line circuit* (#) Includes s a l a r i e s of Washington Operators. (*) Credit. (a) Received $10.22 from War Finance Corp. and $2,900.87 from Treasury Department covering month of December 1925* (b) Amount reimbursable to Chicago. business for the CO
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