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FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO THE FEDERAL RESERVE BOARD X-3776 July 10, 1923. SUBJECT: EXPENSE MAIN LINE, LEASED WIRE SYSTEM, JUNE, 1923 • Dear Sir: Enclosed herewith you will find two mimeograph statements, X-3776a and X-3776b 7 covering in detail operations of the main line, Leased Wire System, during the month of June, 1923. Please credit the amount payable by your bank in the &eneral ac_count, 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 duplica.te C/D to Federal Reserve Board. Very truly yours, Fiscal .Agent. (Enclosure) TO GOVERNORS OF .ALL l3ANKS EXCEPT CHICAGO. , . X-3776a REPORT SHOWING CLASSIFICATION .AlJD NUMBER OF WORDS TRANSMITTED OVER MAIN LI1J"E OF THE FEDERAL RESERVE LEASED WIRE SYSTEM FOR 'l"HE MONTH OF JUNE, 1923· ·: From Percent of Total Bank Business(*) Bank Business Treasury Dept. Business Wa.r Finance Corp. Business Total ------------------------------------------------------------------------------------ ) 38,522 226,104 61,756 93,709 71,641 67,073 151,524 93,606 45,388 79,591 65 ,6b4 142,731 Boston New York Philadelphia Cleveland Richmond Atlanta. Chicago St. Louis Minnea.po 1is Kansas City DaUa.s San Fra.nci$CO Total F. R. Banks 13~32 8 ·23 3·99 7-00 5·77 12·55 1,137,315 1oo.oo% 296.406 Washington 1,433,721 Grand Total Percent of Total Bank Business Treasury 3·39 19.88 5·43 /3.24 6.30 5·90 78 46·532 246,966 71,268 105,713 79,733 77,408 165,735 105,924 52,5T!89,951 71,982 164,269 140,659 78 1,278,052 183.136 402. 323,795 480 18.42% 81·55% 1,433,721 . 323,195 8,010 20.862 9,512 12,004 8,092 10,335 14,211 12,318 7,183 10,354 6,318 21,460 4191944 1,757,996 ·03% words or 81.58~ II II 18.42% 100.00% TOTAL (*) These percentages used in ca.lcula.ting the pro rata share of lea.sed wire expenses a.s shown on the accompanying sta.te:rrent (X-3776b) FEDERAL RESERVE BOARD, WASHINGTON1 D. O. July 10, 1923· l • X-3776b REPORT OF EXPENSE MAIN LINE FEDERAL RESERVE LEASED WIRE SYSTEM JUNE, 1923 • ------------------------------------------------------------------------------------------------------------------------·. Name of Bank Operators' Salaries Operators' Overtime Wire Rental Total Expense Pro rata Share of Total Expense Credits Payable to Federal Reserve Board ~----------------------------~------------------------------------------------------------------------------------------- Boston $ 250.00 New York 1,453·14 Philadelphia 190.83 Cleveland 366.CJ Richmond 315.00 Atlanta 24o.oo Chicago (f/:)4,852.49 .St. Louis 301.63 Minneapolis 278-38 Kansas City 336.64 Dallas 251.0-: San Francisco 395·0..:· $ $ - - 2\J0 - Fed. Res. Board $ 250.00 1,453·14 190·83 366.00 315.0G 24o.C0 4,854.49 301 .• 63 278·38 336.64 25l,QC 395•Vv 16,937·11 16,937·11 $16,937·11 $26,169.22 (a)3 ,111.13 $23,058·09 $ 781.67 4,583·95 1,252·05 1,899·99 1,452.66 1,360.43 3,071·34 1,897·68 920.02 l,614.o6 l,33vo45 2,893·79 $ 250.00 1,453-14 190·83 366.oo 315.00 240.00 4,854.49 301.63 278·38 336.64 25l•vv 395·0(, 531 .. 67 3,130.81 1,061.22 1,533·99 1,137·66 1,120.43 (*)1,783.15 1,596·05 641.64 1.277.42 1,079·45 2,498·79 $ ------------------------------------------------------------------------------------------------------------------------TOTAL $9,230.11 (#) (&) · (*) (a) a.oo $23,058-09 Includes salaries of Washington operators. Amount reimbursable to Chicago. Credit. Received $11.13 from War Finance Corporation and $3,100.00 from Treasury Dept. covering business for month of June, 1923. FEDERAL RESERVE BO.ABD, WASHINGTON, D. C. JUEY 10, 1923. $ - $9 ,232·11 $15,609.13 (&)1,]83·15 $13,825·98
@FedFRASER