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1FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO THE FEDERAL RESERVE BOARD X-6S62 Jbly 23, 1930* SUBJECT: Expense, Main Line, Leased Wire System, June, 1930. Dear S i r : Enclosed herewith you w i l l f i n d two mimeograph statements, X-6662-a and X-6662-b, covering i n d e t a i l operations of the main l i n e , Leased Wire System, during the month of Juno, 1930. Please credit the amount payable by ycrur bank i n 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 Hind", Leased Wire System, sending duplicate C/D to the Federal Reserve Board. Very truly yours, Fiscal Agent. Enclosures. TO GOVERNORS OF ALL F. R. BANKS EXCEPT CHICAGO 84 HEPOBT SHOWING- CLASSIFICATION AND NUMBER OF TORDS TRANSMITTED OVER MAIN LINE OF THE FEDERAL RESERVE LEASED TIRE SYSTEM FOR THE FONTH OF JUNE, 1930. Business reported by banks From Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas City Dallas San Francisco Total Words sent by New York chargea b l e to other F. R. Banks ( l ) 30,451 140,211 33,222 89,842 56,008 69,084 2,996 - 2,180 3,089 78,922 3,290 8,940 4,324 3,192 112.477. 893,941 3.219 11,731 4.659 51,449 104,192 31,276 80,639 67,617 3,829 F. B. Board "business Net Federal Reserve Bank business 33,447 140,211 35,402 92,931 59,298 78,024 108,516 82,114 35.105 83,858 79,348 117.136 945,390 Percent of t o t a l bank business(*) 3.54 14.83 3-75 9-83 6.27 8.25 11.48 8.69 3.71 8.87 8.39 12.39 100.00 272,263 Treasury Department business - Incoming and Outgoing Total words t r a n s m i t t e d over main l i n e s (*) These percentages used in c a l c u l a t i n g the pro r a t a share of l e a s e d wire expense as shown on the accompanying statement (X-6662-b) (l) Number of words sent by New York to other F. R. Banks f o r t h e i r s o l e b e n e f i t charged to banks i n d i c a t e d in accordance with a c t i o n taken a t Governors' Conference November 2 - 4 , 1925. x-666a-a 1,217,653 l43.2Co 1,160,859 "rr 00 Ql REPORT OF EXPENSE MAIN LINE FEDERAL RESERVE LEASED WIRE SYSTEM, JUNE, 1930. Name of bank Boston $ 260.00 l,24o.4l New York Philadelphia 225.00 Cleveland 306.66 Richmond 190.00 Atlanta 270.00 Chicago 4.075.00(f) St. Louis 219.00 Minneapolis 290.60 Kansas City 287.50 Dallas 251.00 San Francisco 320.00 Federal Reserve Board Total (&) (#) (*) (a) (b) Operators 1 Overtime Operators' Salaries $ 7,995.17 $ 1.00 — - - 1.00 Wire Rental $ - - - $ 2.00 1,241.41 225.00 306.66 230.00(A) 420.00 270.00 4,075.00 - 15,531.70 Pro Rata Share of Total Expenses Total Expenses $ 260.00 220.00 290.60 287-50 251.00 380.00 15.631.70 1$ 15,861.70 $23,858.87 2.510.72( 4 $21,348.15 X—6662-*b $ Credits $ 755.72 3,165.93 8OO.56 2,098-52 1.33S-53 1,761.22 2,450.77 1,855-15 792.02 1,893.53 1,791.11 2,645.04 380.00 $ 495.72 1,924.52 575.56 1,791.86 91S.53 1,491.22 1,624.23 (*) 1,635.15 501.42 1,606.08 1,540.11 2,265.04 — — $21,348.15 260.00 1,241.41 225.00 306.66 420.00 270.00 4,075.00 220.00 290.60 287-50 251.00 Payable to Federal Reserve Board $ 8,227.17 — $ 14,745.21 1.624.23(b) $ 13,120.98 Main l i n e r e n t a l , Richmond-Washington. Includes s a l a r i e s of Washington operators. Credit. Received $ 2,510.72 from Treasury Department covering business f o r the month of June, 1930. Amount reimbursable to Chicago. 00 Q
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