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FEDERAL RESERVE BOARD
WASHINGTON
ADDRESS OFFICIAL. CORRESPONDENCE TO
THE FEDERAL. RESERVE BOARD
X-4791
February 11, 1927
SUBJECT:
Expense, Main Line, Leased Wire System,
January, 1927.
Dear Sir:
Enclosed herewith you will find two mLneogra-oh statements, X-4791-a and X-4791-b, covering in
detail operations of the rr:ain line, Leased Wire System, d:J.ring the month of Januar;;r, 1927.
Please credit the amount "?a.yable by your
bank in the general account, Treasurer, U. S., on
your boo·ks, and isst'.e C/D Form l, ~!atio~1al :B::mks,
for account of 11 S::1lDries a"'ld E:A'"7!enses, Fecleral Reserve Board, S0ecial Fund", Leased Wire System,· sending du-:)licate C/D to the Federal Reserve :Board.
Yours very tr-:.1ly,
Fiscal Agent.
Enclosures
TO GOVERNORS OF ALL F. R. BANKS EXCEPT CHICAGO.
'
x-4791-a
REPORT SHOWING CLASSIFICATION AND 1TUMBER OF WORDS TRANSMITTED OVER Y.AIN LINE
OF THE :E'EDERAL RES:ERVE LEASED WIRE SYSTEM :BUR THE MONTH OF J.AWJARY, 1927
Words sent
by New York
Business
revorted
by b a.."lks
J'rom
31,491
136,609
37.553
74 2~0
43,097
5).472
93,600
72,611
36.9'57
79.935
65,652
Boston
New York
Philadel"J?hia
Cleveland
Richmond
Atlanta
•
Cl:ic.s~o
St. Louis
Minnea-polis
-x~sP,s City
Dallas
San Francisco
~
.I
Io6.SZ5
Total
81~4. 126
F. R. Board
Total
Percent of Total
chargeable
to other
F.R. Bairks(l)
495
453
1,703
2,560
3,266
2,50;1.
2,125
1,937
2,215
4,491
2.465
24.517
·Total
31,956
136,609
3g, oln
75.942
50,657
55,73t.
101,401
]4,733
35,894
52,153
70,143
10~.340
Treasury
De"?artment
Business
3,3g5
3,922
2,991
3.433
3.332
3,550
4,529
3,913
1, 776
3. 761.
2,153
War Finance
Cor")or.stion
3usL11eSS
lq~
J.-'
~.362
366,643
42,410
193
2,245
100.00%
65,726
5·65:.
193
.02%
2~3.602
1,1
2~.316
lil'et Federal
Reserve Bank
Business
Percent of
total bank
"!!rsinAs.,{*)
·- .. ,~. ...... ~
-
2ES,601
132,494
35,050
16.04
4.24
72,50~
g.J6
47.325
54,$33
96,872
70,526
37, llS
75,392
67,990
103.915
5·73
6.65
11.73
S26,o4o
210.266
1,096.326
3~46
~-57
4.49
9.49
5.23
12.'22
100.00%
94.33~
(*)
These percentages used in calculating the pro rata sl'-.are of leased wire expense as shown on the
accompanying state~ent (X-4791-b)
( 1)
l~umber
of words se·nt by l;ew York to other F. R. Banks for their solo benefit c:b..argcd to b.su.""llrs indicated,
in nccordance With action ta.'.cen at Governorr: 1 Conference November 2 - 4, 1925.
I
X-4791-b
HEPORT OF EXPEFSD }W:liT LINE
FZDELU. RESERv":E CASED ·.TIP3 SYSTEM, J1C!U.A3.Y,
1927
~=:-ro
Rat,:t
Shc.::re of
Narre of :Bank
Boston
Hew York
Philadelphia
Glovola.nd
Richmond
Atl3llta
vnicago
St. Louis
Minncaqolis
Kansas City
Dallas
09orators 1
Salaric s
Oocre:tors I
OvcrtLne
$ 260.00
$
l.llO
983.29
2SS.66
190.00
255.00
4,oso.o4(#)
200.00
193·73
275.64
251.00
370.00
$ 1.00
Ex:)ensos
$ 261.00
$ 747.07
$15.315.53 15.317.53
$15,31).53$22,363.89
1,297.35(a)
~21,5)1.54
(&)
(#)
( *)
(a)
(b)
Totu1
Total
Ex;:>enses
933.29
225.00
2&3.66
190.00
255.00
4,0G0.04
200.00
193.73
275.64
251.00
370.00
225.00
.;.;, ,n Francisco
Fcderttl Reserve Boe;rd
Total
$7,572.36
Wire
Rental
3,463.2S
915.4S
1,095·74
1,237.20
1,)+35.34
2,532.69
1,350.39
969.46
2,049.04
1,776.915
2,716.37
$21,591.54
Credits
Pe:.;yable to
Federal
:;cscrvL
3oa.rd
$ 261. •;0 $'
933.29
225.00
286.66
190.00
255.00
4,060.04
200.00
193·73
275.64
251.00
370.00
1
bo. 07
4.,~
2,479.99
690.43
1,607.08
1 '251. b7(&)
1,160.84
1,547.35(*)
1,650.39
775.73
1,773.40
1,525.90
2,343.37
$7.573·36 $15,770.20
1 • '54 7 . -) 5 (b)
$14,222.35
Includes ~204. 67 fbr "br:·r:c': 1i 1c· business tr:mswd tt0d ow:r main line circuit •
Includes s:.1laries o:..~ 'Y::.;s.>ington O)crators.
Credit.
Received $2.96 from War Finance Corp. and $1,294.39 from Treasury Dept. covering business for
the month of January, 1927.
.Amount reimbursable to Chicago.
@FedFRASER