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64 FEDERAL RESERVE BOARD WASHINGTON address official correspondence t o the federal reserve board X-636U August 22, 1929. SUBJECT: Exoense, Main Line, Leased Wire System, July, 1929. Dear Sir: Enclosed herewith you will find two mimeograph statements, X-6364-a and X-6364-t>, covering in detail operations of the main line, leased Wire System, during the month of July, 1929Please 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 "Salaries and Expenses, Federal Reserve Board, Special Fund", Leased Wire System, sending duplicate C/D to the Federal Reserve Board. Very truly yours, Fiscal Agent. Enclosures. TO GOVERNORS OF ALL F. R. B A M S EXCEPT CHICAGO. in REPORT SHOWING- CLASSIFICATISF «rU WI-SS5 Cffi1 1SOBDS TRAFSI'IMED OVER "AH! LIKE OF THE FEDERAL RESERVE LEASED '"IRE SYSTEM FOR THE MONTH OF JULY, 1929. X-6364-a From Business reported by "banks Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco Total . 31,825 167,708 36,907 94,901 60,029 72,534 128,987 82,906 37,595 85,850 73,770 112.480 985,492 Words sent by New York chargeable to other F. R. Banks (l) F. R. Board business . . . . . . . . . -TTet Federal Reserve Bank business 579 32,704 167,708 37,637 96,046 60,910 76,754 129,845 83,260 38,588 86,258 80,684 114.757 1,005,151 - 730 1,145 881 4,220 353 354 993 408 6,914 2.277 19,659 . . Percent of to tal bank business(*) 3.25 16.68 3.74 9.56 6.06 7.64 12.92 8.28 3.84 8.5s 8.03 11,42 100.00 273.#5% Treasury Department business - Incoming and "Outgoing Total words transmitted over main lines . . . - - 90,431 . (*) These percentages used in calculating the pro rata share of leased wire expense as shown on the accompanying statement £x-6364-b) (l) Number of fiords sent by New York to other F. R. Jlanks for their sole benefit charged to banks indicated in accordance aSiih action taken at Governors1 Conference November 2 - 4 , 1925. 1,278,805 1,369,236 o CO • REPORT OF EXPENSE MAIN LINE FEDERAL RESERVE LEASED WIRE SYSTEM, JULY, 1929. Operators1 Salaries Name of Bank $ 260.00 1,111.59 225.00 296.66 190u00 270.00 4,240.78 (#) 227.11 197.54 €87.50 251.00 380.00 $ $7,937.16 1.00 1.00 • - — - — 1 I Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco Federal Reserve Total Operators' Overtime *2.00 Tire Rental Total Expenses Pro Rata Share of Total Expenses X-6364-b Payable to Federal Reseaote Credits Board $ - $ 261.00 $ 261.00 $ 460.08 $ 721.08 3,700.82 1,112.59 2,588.23 1,112.59 604.80 225.00 225.00 829.80 — 296.66 2,121.09 296.66 1,824.43 230.00(&) 420.0*0 420.00 1,344.54 924.54 270.00 270.00 1,425.10 1,695.10 — 4,240.78 2,866.58 4,240.78 1,374.20 (*) 227.11 227.11 1,837.10 1,609.99 654.45 197.54 851.99 197.54 1,616.16 287.50 1,903.66 267.50 251.00 251.00 1,781.63 1,530.63 380.00 380.00 2,153-78 2,533.76 — — .15,536.96,. , . 15.586.46 H5.8l6.96 $23,756.14 *22,187.17 *8,169.18 *15,392.19 1.568.97 (a) 1.374.20 (b) $22,187.17 $14,017.99 - (&) Main line rental, Richmond-Washington. (#) Includes salaries of Washington operators. (*) Credit. (a) Received $1,568.97 from Treasury Department covering "business for the month of July, 1929. (b) Amount reimbursable to Chicago.