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FEDERAL RESERVE BOARD WASHINGTON address official correspondence to the federal reserve board X—-1406 August 15, 1925 SUBJECT: Expense Main Lino, Leased. Wire System, July 1925. Dear Sir: Enclosed herewith yon will find two mimeograph statements, X-4406-a and X-4406-"b, covering in detail operations of the main line, Leased Wire System, during the month of July, 1925. Please credit the amount payable by your hank in the general account, Treasurer, U.S., on your hooks, and issue c/d Form 1, National Banks, for account of "Salaries and Expenses, Federal Reserve Board, Special Fund", Leased Wire System, sending duplicate C/D to Federal Reserve Board. Tours very truly, Fiscal Agent. Enclosures: TO GOVERNORS OF ALL B A M S EXCEPT CHICAGO. 124 X-4406-a REPORT SHOWING CLASSIFICATION AND NUMBER OF WOEDS TRANSMITTED OVER MA IB LIKE OF THE FEDERAL RESERVE LEASED WIRE SYSTEM FOR THE MONTH OF JULY, 1925. Fed. Res. Bank Business From Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco TOTAL Percent of Total Bank Business(*) Treasury Dept. Business Total 26,270 158,595 33,083 67,647 42,100 56,501 97,159 68,663 35,562 68,328 53,647 99,114 3.26 19.66 4.10 8.39 5.22 7.00 12.04 8.51 4.41 8.47 6.65 12.29 3,156 5,123 2,802 2,833 2,167 2,632 4,751 3,434 1,443 3,025 1,869 5,750 38 20 29,426 163,718 35,885 70,480 44,267 59,133 101,910 72,097 37,005 71,353 55,554 104,884 806,669 100.00# 38,985 58 845,712 Board 273,478 25,704 Total 1,080,147 65,689 Per cent of Total Bank Business Treas.Dept. Total War Finance Corp. Business 94.26# 5.73# - ~ ~ - 300,182 58 1,145,894 .01# 1,080,147 Words or 94.27# 65.689 " " 5.73# " " 100.00# 1,145,836 (*) These percentages used in calculating the pro rata share of leased wire expenses as shown on the accompanying statement (X-4406-h) \o 04 •H Name of Bank Operators1 Salaries (b) 8 (a) $ Total $7,258.52 Operators' Overtime 1 -ee- Boston New York 1,377.32 216.66 Philadelphia Cleveland 280.33 Richmond 175*00 Atlanta 255-00 Chicago (*>3,698.85 200•00 St.Louis Minneapolis 198.72 Kansas City 275*64 Dallas 251.OO San Francisco 38O.OO Federal Reserve Board (#) (*) (&) x-44o6-b REPORT OF EXPENSE' MAIN LINE FEDERAL RESERVE ISASED WIRE SYSTEM, JULY, 1925 — - - - - — Total Expenses lire Rental $ - - 15,329.30 $15,329.30 Pro Rata Share of Total Expenses $ 25O.OO 1,077.32 216.66 280.33 175.00 255.OO 3,698,85 200.00 198.72 275.64 251.00 380.00 15,329.30 $22,587.82 (a)l,296.49 $21,291.33 $ 694.10 4,185.88 872.94 1,786.34 1,111.41 1,490.39 2,563.48 1,811.89 938.95 1,803.38 1,415.87 2,616.70 $21,291.33 Includes $204.67 for branch line business transmitted over main line circuit. Includes salaries of Wshington operators. Credit. Received $ 1 . 6 3 from War Finance Corporation and $1,294.86 from the Treasury Department covering business for the month of July, 1925. Amount reimbursable to Chica.go. Credits $ 25O.OO 1,077.32 216.66 280.33 175.00 255.00 3,698.85 200.00 198.72 275-64 251.OO 380.00 $7,258.52 Payable to Federal Reserve Board 444.10 3,102.56 656.28 1,506.01 11,141,08 1,235.39 1,135.37 1,611.89 740.23 1,527.74 1,164.87 2,236.70 (b)3L,iy?.37 $14,237*48
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