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1.15
· FEDERAL RESERVE BOARD
WASHINGTON
ADDRESS OFFICIAl. CORRESPONDENCE TO
THE FEDERAl. RESERVE BOARD

X-3632
February 13, l92J.

SUEJECT:

Expanse Main Lina, Leased Wire System, January, 192}.

Dear Sir:
Enclosed herewith you will find two mimeograph
statements, X-3632a and X-3632b, covering in detail operations of the rrain line, Leased Wire System, during the
month of January, 1923.
Please credit the amount PS¥able by your bank in
the general account, Treasurer, U. S., on your books, and
issue C/D Form l, National .Banks, for account of "Salaries
and Expenses, Federal Reserve Board, Special Fund", Leasad
Wire System, sending duplicate C/D to Federal Raserve Board.
Very truly yours,

Fiscal Agent.
(Enclosure)

TO GOVERNORS OF ALL BANKS EXCEPT CHICAGO.




• •

X-3632a

116
REPORT SHO'.'iiNG CL.ASSIFI CATIO:J AiJD iruivfilER OF F!ORDS
TRANSMITTED OVER r,1AIN I.INE OF THE FEDERAL RESERVE
LEASED ':liRE SYSTENI FOR TEE MONT'"n OF JANUARY, 1923.

From

Bank Business

Boston
New York
Philadelphia
Cleveland
Richmond
.Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Total F. R.
Balli:s

Treasury
Dept.
Business

2.80
10·53
4.6s
7·23
5·81
6.07
14.33
8.01
3·37
7·90
7·07
13-70

12,065
21,0<)4
13,979
19,481
10,650
13,477
15,202
14,936
10,366
14,948
10,032
26,063

18

182 ,y.~ 3

161

1,384,035

243,074

lli

557.500

42'),lH 7

594

1 ,941,S35

33,634
222,703
56,234
86,863
69,764
72,981
172,212
96,261
46,490
94,921
84,904
164,564
1,201,531

Washington

100.007;

313,993
1,515,524

Grand Total

Per cent of Total

21.917b

78-06%

Bank Business
Treasury

1,515,524 words or 78 .087o
422,417 "
21.;12fo

TOTAL

1,940,941
(*)

!I

100 .oo?a

Thase parc~ntagas used in calculating the
pro rata share of leased wire expensas as
shown on the accom:;_:anying statdr;,ant (X-3b32b)

FEDERAL RESERVE BOARD,
i!T.ASHINGTON, D. c.
FEBRUARY 13, 1923.

1




War .
Finance Corp.
Business

Par cent of
Total Bank
BusinesQ(*)

71

Total

45,699
243,797
70,251
106,378
80,414
86,458
187,432
111 ,247
56,856
109,869
95,007
190,627

'
REPORT OF EXPENSE
MAIN LINE
FEDERAL RESERVE LEASED WIRE SYSTEM JANUARY,

Name of Bank

Oparators 1
Salaries

Operators•
Overtime

Wire
Rental

Total
Expense

Pro rata
Share of
'l'otal
Expense

X-3632b

1923 ~

----------------~-------------

Credits ·

Payable· to
Federal
Reserve
Board

-----------------------------------------------------------------------------------------------------------------------$ 26}.00
$
$
$ 13.00
$ 26).00 $

Boston
$ 250.00
New York
1,309-14
Philadelphia
225.00
C-leveland
366.oo
Ri chrr.-o nd
315.00
240.00
.Atlanta
Chicago
(/1=)4,683·86
St. Louis
205.00
Minneapolis
275·00
Kansas City
336.64
Dallas
170.00
San :trancisco
395·00

1,321.14
225.00
366.oo
315.00
240.00
4,690·86
217·23
275-00
3?2·89
170·75
395·00

l2-00

7·00
12.23
16.25
. 75
16,988.43

Fed. Res. Board

63?·79
4,207-58
1,062.68
1,641.71
1,319·27
.. 1,376·31
3,253·89
1,818·32
878·76
1,793·84
1,605·37
3,Ho.84

1,321.14
225.00
}66.oo
315·00
240.00
4,69o.s6
217.23
275·00
352.89
170·75
395-00

16., 988 .4}

$61.2}

TOTAL

(#)
(&)

(*)
(a)

Includes salaries of Washington Operators.
Amount reimbursa;.ble to Chicago.
Credit.
.
Received $3,100.00 frcm Treasury Dept. and $13.44 from War Finance Corp.
covering business for the mcnths of January, 1923 and December. 1922, raspectively.

FEDERAL RESERVE BOARD,
T;1T.ASHINGTON J D. c.
FEBRUARY 13,

1923.




372·79
2,836.44
837-68
1,275·71
1,004.27
1,13S·31
(*)1,436·97
1,601·59
60}.76
1,440.95
1,434.62
2,715.84