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FEDERAL RESERVE BOARD
WASHINGTON
ADDRES$ OFFICIAL CORRESPONDENCE TQ
THE FEDERAL. RESERVE BOARD
X-6273
~-~···--·· ··~~-·-····
March : 20, 1929.
StJ.BJ':!JCT:
~pense,
Main Lirte, Leased TI'ire System,
February, 1929.
Dear Sir:
::inclosed herewith you 1'-ill find two
mimeograph statements, X-6273-a and X-6273-b,
covering in detail oper~tions of the main line,
teased 'Cire System. dur:l.ng the JnOnth of February,
1929.
Please bredit:the amount payable by
·your bank in the general ~ccount, Treasurer,·u.s.,
on your books, and issue C/b ro~ 1, National Banks,
for account of 1•SS.iar1e!:l and :ID.xpehses, :Federal Reserve BoArd~ Special :F\lnd'l; teased wire System,
setldin.g dhplicate d/D tel the !'ed.eral Reserve Board.
Yours very truly,
Fiscal Agent.
Enclosures.
TO GOV3RlTORS OF .ALL F. R. :BAl:JKS 3XC3JPT CEIC.A.GO.
ImPORT SHOWING CLASSIFICATION AIID UUMB:ER OF WORDS TRA1i!"SYITT£D OV""..wR HA.IN LINE
OF THE FEDERAL RESERVE L.RASED WIRE SYSTEM FOR THE MONTH OF FEBRUARY • 1929
•
Business
rep9rted
by
banks
From
:Boston
New York
Y.hiladel9hia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
MinneacJolis
Kansas City
Dallas
San Francisco
Total
25~572
133,209
30.965
30,113
51,203
57,429
93,269
72.759
27 .. 526
70,364
63,159
93.610
Words sent by
New York chargeable to other
F. ll. Banks (1)
944
1,292
1,35S
1,604
5.599
1,374
2,143
1,939
1,442
6, 761
3.009
23,520
Jr. 11. Board business • • . .
Treasury Department rosiness - Incoming and Outgoing •
Total words
~ransmi t
ted over main 1 ines . . • . . . . . • . .
x-6273-a
Percent ~f total
bank business{*)
Ne.t Federal
lie serve
Bank
business
3.14
16.39
3-tl3
9-72
6.26
7-47
11.33
3.33
3-50
3.53
3.39
11.46
100.00
26,516
131),209
32,277
g1,971
52,1)07
6},023
100,143
74.907
29.515
72,306
74,920
96,619
843,213
1,061,799
213,5gl
. . .
. • .
..
.
.•
.
.
. . . .
..
.
...
.•. . . . . . . •
(•)
These ~ercentages used in calculating the uro rata share of leased wire exoense as shown
on the accompanying statement (X-6273-b).
(1)
lfumber of words sent by Uew York to other F. R. Banks for their sole benefit charged t-o
banks indicated in accordance with action taken at Governors' Conference
November 2 - 4, 1925.
..
1,143,499
•
· x-6273-b
ID:PORT OF. EXPENSE MAIN LINE
FEDERAL RESERn LEJ\SED .WHill SYSTEM,· FEBRU.ARY ~ 1929 •.
---------------·
Name of :Bank
:Boston
New York
Ph.:i.ladelpbia
Cleveland
Richmond
Atl-anta
Chicago
St. Louis
Operators'
Salaries
$
2Qo.OO
1,204.12
225.00
296 ..66
190.00
270.00
44.1JL.ln ( #)
"205.00
13).-66
Kansas City
23}.50
Ihllas
251.00
}oO.OO
San Francisco
Federal Reserve Board
Total
$7,334.)5
Minnea~olis
0)erat:Jrs 1
Overtime
Wire··
Rental
*-
Total
Expen~es
~
26o.oo
Pro :Rata
Share of
Total
~enses
~
691.09
3,607-30
IS42.95
2,139.29
1,377-77
1,644.09
2,614.69
1,954.41
770·32
1,3615.39
1,956.62
2,522.25
1,204.12
225-00
296.66
230.00(&)
420.00
270.00
4,131.41
205.00
133.66
237-50
251.00
330.00
15,583.31
15,538.31
~15,313.31
-~23, 702.66 *22,009.17
1,623·42(a)
,.
(&)
( #)
(*)
(a)
(b)
?~ain
~22,009.17
Credits
Payable to
Federal
Reserve
:eoard
$ 260.00 $
1,204.12
225.00
296.66
420.00
270.00
4,131.41
205.00
133.66
287.50
251.00
330.00
$3,114.35
.431.09
2,4o3.11S
617-95
1, IS42.63
957.77
1,374.09
1,516.72{*)
1,749.41
536.66
1,6oO.IS9
1,705.62
2,142.25
~15,411.54
1 1 216.I2(b)
~13,394.82
line rental, Richmond~"!ashington.
Includes salaries .of "'tashington onerators.
Credit.
Received ~1,69}.49 from Treasury. De'Jartmerit covering business. for the. month of February, 1929.
Amount reimbursable to Chicago. ·
@FedFRASER