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FEDERAL RESERVE BOARD
WASHINGTON
ADDRESS OPI"ICIAL CORRESPONDENCE TO
THE FBDERAL RDIERVE BOARD

X-3809
Augu.st 14, l92J.

SUBJECTt

EXPENSE MAIN LINE, LEASED WIRE SYSTEivl, JULY, 1923.

Dear Sir:
Enclos~d herewith you will find two mimeogra.ph
statements 1 X-3809a. and X-3809b, covering in deta.il opera.tions of the ma.in line, Lea.sed Wire System, during the
month of July, 1923.

Plea.se credit the a.rr.ount paya:ble by your bank
in the ~nera.l account, Treasurer, U. S. , on your books, and
issued C/D Form l, Na.tiona.l Banks, for account of "Sala.ries
and Expenses, Federal Reserve Board, Specia.l Fund" 1 Lea.sed
Wire System, sending duplica;te C/D to Federal Reserve Boa.rd.
Very truly yours,

Fiscal Agent •
(Enclosure)

TO GOVERNORS OF ALL :BAN".t{S EXCEPT CHICAGO·




i-·

~-,

r"'!',

..

•

•

X-3809a.
REPORT SHOWING CLASSIFICATION AND NUMBER OF WORDS
TRANSMITTED OVER MAIN LINE OF THE FEDETIAL RESERVE
LEASED WIRE SYSTEM FOR THE MONT!~ OF 4TULY, 1923.

From

Ba.nk Business

Percent of
Tota.l Bank
Business(*)

!!:'rea.f:lury
Dept.
Business

WE).r
Finance Corp.
Business

Total

-----------------------------------------------------------------------------------35,830
225,511
59,446
95,621
69,870
68,220
151,139
91,288
44,092
96 ,2l~LJ.
67,835
134,821

Boston
New York
Phila.delph ia.
Cleveland
Richmond
Atlanta
Chica.go
St. Louis
Minneapolis
Kansa.s City
Da.lla.s
San F!'ancisco
TCital
F. R, Banks

s.o1

3·87
g.44
5,95
11.33

1,139.917

loo.oo%

2~1 !227

Wa.shington

1,431.274

Grand Total
Percent of Total
Bank Business
Trea.sury
TOTAL

3·14
19.78
5·22
8·39
6.13
5·98
13.26

88.92%
tt

August 14, 1923.




88,434

118

1,228,469

74 ~::ft1

91

89,049

381,181

3.77,483

1,609,650

88.97%

n ;1.1.03~

100.00%

(*)

FEDERAL RESERVE BOARD I
Wa.shington, D. C.

27

73,955
159,945
98,321
48,278
101,971
72,132
147,554

11·03%

1,4}1,27~ words or

177,483
1,608,757

41,711
243,234
65,076
101,721

5,881
17,723
5,630
6.,100
4,701
5,735
8,715
7,033
4,186
5,727
4,297
12,706

/

These percenta.ges used in ca.lculating the
pro ra.ta. sha.re of leased wire expenses a.s
shown on the a.ccoro,panying sta.te®nt (X-J809b)

.,

......

X-3809b

REPORT OF EXPENSE

MAIN LINE
FEDERAL RESERVE LEASED WIBE SYSTEivl JULY, 1923.

----------------------------------------------------------------------------------------------------------------------Payabla to
Pro rata.
Name of Bank

Operators'
Sa.la.ries

Operators 1
Overtime

Wire
Rental

Total
Expense

$

$ -

$

Federal
Reserve

Share of
Total
Ex.pen.Je

Credits

-----------------------------------------------------------------------------------------------------------------------

Boston
$ 250,00
New York
1,501.14
P..'lila.delphia.
190.83
366,oo
Cleveland
Richmond
315,00
240 .. 00
Atlant3.
C:hica.go
(#)4,92l.J3
St. Louis
235<00
Minma.pol is
289~45
4't2 .66
Kansas City
DBlla.s
251.00
San Francisco
395·00

·75

Fed. Res. Boa.rd

$

679·08
4,277'·77
1,128.92
1,814.48
1,325·72
1,293.28
2.,867·71
1, 732-30
836.96
1,825.30
'l ,286. 79
2,558-44

$ 2)0.00
l ,501.14
190.83
366.00
315-00
24o.oo
4,921.13
235 .oo
283-45
412.66
251.75
395-00

$

429-08

2) 776~63

938.09
1,443.48
1,010. 72
1,053·23
(*)2,053-42
1,497·30'
547-51
1,412.64
1,035-04
2,163.44

16,976-36
$9,367.21

TOTAL

250.00
1,50Ll4
190.53
366.oo
315-00
21.:-o.oo
4,921.13
235·00
2S9.45
412.66
251.75
395-00

( #)
(&)
{*)
(a.)

• 75

$21,626.75

Includes sala.ries of Wa.shington opera.tors.
Amount reimbursa:b1e to Chica.go.
Credit.
Received $17.57 from Wa.r Fina.nce Corpora.tion and $4,100.00
from Treasury Dept. covering business for month of July, 1923.

FEDERAL RESERVE BOARD,
WASHINGTON, D. C.
AUGUST 14, 1923.



$

$14,312.21
(&)2,023-42
$12,258.79