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FEDERAL RESERVE BOARD
WASHINGTON

X-3506
August 19, 1922.

SUBJECT:

Expense Main Line, Leased Wire System, July 1922•

Dear Sir:
Enclosed herewith yoa will find two mimeograph statements, X-3506a and X-3506b, covering in detail operations of
the main line, Leased Wire System, during the month of July,
1922.
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 nsalaries and Expenses,
Federal Reserve Board, Special Fund", Leased Wire System, sanding
duplicate C/D to Federal Reserva Board.
Very truly yours,

Fiscal Agent.
(Enclosure)

TO GOVERNORS OF ALL BANKS EXCEPT CHICAGO.




.

10·13
t

X-3506a
REPORT SHOWING CLASSIFICATION AND NUMBER OF WORDS
TRANSMITTED OVER MAIN LINE OF THE FEDERAL RESERVE
LEASED WIRE SYSTEM JroR THE K>NTH OF JULY, 1922.

From

l3ank Business

Per cent of
Total Bank
Business(*)

Treasury
Dept·.
:8\lsiness

War
Finance Corp.
Du.siness

Total

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

Boston
New York
Philadelphia
Cleveland
Richmond·
.Atlanta
Chicago
st·. Louis
Minneapolis
Kansas City
Dallas
San Fraz;LCisco
\.

33,66o
177,271
57,081
75,210
63,278
56,753
1)0,792
79,612
40,)97
81,734
58,031.

J .. 42
18'.01
5.SO
. 7·64
6'.43
-s·. 77
lJ.. 29
s·.o9
4.10
8'.. 30

5·90

1~0zl6o

1,.25

Total F. :a.
l3a.nks
Washington

984,179
l00a228

1oo·.oo

Grand Total

1,284,737

Per cent of Total

TOTAL

(*)

FEDERAL RESERVE BOJJID




50

13~,146

84,497
1161462

451
743

1,069,127
411z166

260,962

1,194

1,546,893

lOC .. Co%

These percentagas used in calculating the
pro rata shara of 1aasdd wire expenses as shown
on the accompanying statement (X-3506b)

WASHINGTON, D. C.
August 19, 1922.

217

39.481
186,024
63,020
80,626
68,613
.64,099

16
168

1,284,737 words or 83.12%
26o,262 " u 16·.s~
1,545,699

-

8 ,943
47,290
90,285
62,562.
141&028

16.87%

SJ.05%

Ballk Business
·Treasury Bu.siness

5,.821
8,753
5,939
5,199
5,335
7,346
S,3o4
7,331
6,893
8,535
4,364
10!671

.os%

I

•

l' .•

REPORT OF UPENSE
MAIN LINE
JEDERAL RESERVE LEASED WIRE SYSTEM JULY,

1922·.

X-35()6b

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

Operators•
Salaries

Name of Bank

Operators'
Overtime

Wire
Rental

Total
Expense

Pro rata
Share of
Total
Expe~se

Payable to
Federal

Reserve
Credits

Board

-------------------~-----------------------~-----------~---------------~-------------------------------~--------------~$
$ 25Ch00
$ 695·01
$ 25<).00
$
$ ~5.01
$ 25().00

:Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago

st·.

Louie

Minneapolis
Kansas City
Dallas
San Francisco

954·98
225·00
366-.oo

;o;·.oo
~.oo

(f)4,947 ·38
290"·00
288.35

326-.6~

170·00
395·00

Feci • Rea·. :Board

-

1,127·98
225"·00
366-.oo
305·00

173·00

-

2~.00

12·00

4.959·38
290·00
288.35
394·38
170.00
395.•00

67.711-

16,952·22

3.659·96
1 ,178".67
1,552·59
1,306.6g
1,172·57
2,70Ch77
l.~.o4

83l·20
1,686·. 71
1,198·99
2,692-.64

1,127·98
225"·00

2,531·98
95l·67
1,186-.59
1,001·69
932"•57
2,258-.61(*)

366·00
305-·00

2)K)·.oo-

4,959·38 .
29().00 .
288·35

l,=.o4
~.8;

394·38

1,292"·33
1.028"·99
21297.611-

17o·.oo
395"·00

16,952".22

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

$9,0U.Q9

Total

(f) Includes s-.laries Washington Operators·.
(&:) .AmoUnt reimbursable to Chicago.
(*) Credit.
.
(a) Received $5,561.•97 from Treasury Department and $79•50 from War Finance Corporation covering
business for months of Ja:n .. tmd FabrtlLlry, 8nd June,

1922, respectivel7•

F.EDER.AL RESERVE EOA:RD,
W.ASHINOO'ON, D• ,C. ,
AUGUSf 19, 1921•



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