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~ ... ()5 FEDERAL RESERVE BOARD WASHINGTON X-4652 ADDRESS OFFICIAL CORRESPONDENhE TO THE FEDERAL RESERVE BOARD .A.ugu.st 16, 1926. Su:BJECT: Ex:pense, US.in Line, Leased Wire SJtstem, July, 1926. Dear Sir: Enclosed h~rewi th you will find two mimeograph statements, X-4652-a and.X-4652-b, covering in detail operations of the main line, Leased Wire System, during the l!lOnth of July, 1926. · Please credit the amount payable by your bank in the genoral account, Treasurer, u. s., .on your books, and issue C/D Form 1, National ]anks, for account of "Salaries and Expenses, Federal Reserve :Board, Special Fund", Leased Wire System, sending duplicate C/ D to the Federal Reserve :SOard. Yours very truly, Fiscal Agent. :Bnclo1ure~. TO GOVERNORS OF .AUt F. R. :a.A:NKS EXCEPT CHIC.AGO. X-4652-a REPORT SHOWING CLASSIFICATION .AND NUMB:ER OF WORDS TRANSMITTED OVER MAIN LINE OF THE FEDERAL RESERVE LEASED WIRE SYSTEM FOR THE MONTH OF JULY, 1926. Bu. sin ell reported by bank• From Boetom New York Phi lad.elphia Oleveland Richmond .A.tlanta Chicago St. Louia Mi..1'lneapolia K.an1a1 City Dalla• San Francieco Total Word• lent by New York chargeable to other F. R. Ba.nkl(l) 692 33 I 700 155,291 37, 116 76,598 47,252 701 1,4o2 2,338 98 ,56o 74,386 34,005 73,547 55,219 105,878 2,206 1,975 1,749 2,JOO 4,493 2,132 857,701 22,982 66,1~, 2,9~ F. R. Board Tctal Per cent of Total War Total Jlt-~392 155,291 37,817 78,000 49,590 69,1lt-3 100,766 76,361 Ne' Treasury Finance Fedtiral Depart!nent Corporation Reserve :SU.iness Bueiness Ba.r..k Buaine11 3,422 3, 746 2,~4 75,8 7 59, 712 108,010 880,683 4o,697 1,183, 52 62,7 8 22 1 0~1 839,986 280 1 ~ 1,120, 100.00% 5·30% 94.70% 302a~69 Butinen(*) 30,970 151,5145 34,833 74.7~ 46,3 65,563 3.270 3,242 a·580 ,528 3,717 1,586 3.279 1,762 5,581 35,7~ Per cent of· total bank 3·69 18.04 4.15 8.89 5-52 7.00 11.46 . 8.65 4.07 8.64 6.9:) 12.19 96,2~ 72,6 }4,168 72,568 57,950 102,l+29 100.00% (*) These percentage• uaed in calculating the pro rata share of leaaed wire e.xpenta ae shown on the acconpanying 1 ta.temen t (X-4652b). (1) Number of worde sent by New York to other F • .R • .Banks for their sole benefit charged to banka indicated, in accordance with action ta.kan at Governors' Conference November 2- 4, 1925· • • .REPORT. OF EXPENSE MAIN LINE FEDERAL RESERVE LEASED WIRE SYSTEM, JULY, 1926• . fro rata Share ot Operator a 1 Salaries Name of :Bank $26o.oo :Boat on New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas CitT Dallas ~ ~~1~0 Opera~..,ra' Overtiae 1,072-41 216.66 284..50 255-00 Federal lleaSM'e Board 274.00 3)1.35 215.64 251 ..00 :no.oo Total EJ:,pense 1 .· .- . ta'o-00 Total ,bienS$ Credits 1,072.41 216.66 . 284.50 227.00 227·00 (#}4,0J8.49 Wire Rental 1.00 255·00 4,0J9 .. 49 ·274.00 20l.J5 . ·275-64 251.00 370.00 15, J4S,. 75 !l'otal (&) Includes $204.67 tor branch line buainesa tranau4tted over main line circUit. (I) Includes salaries of Wa-shington operators. (*) credtt. (a) Received $1,223.30 tr~m Treasury Department covering business for the month of .b) Amount reimbursable ·t-o Chicago • .. Jul.T, 1926• Parable to Federal ReserTe Board
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