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c FEDERAL RESERVE BOARD WASHINGTON ADDRESS O F C A CORRESPONDENCE TO FIIL THE FEDERAL RESERVE BOARD A-9185 April 24, 1935. SUBJECT; Expense, Main Lines, Leased Yifire System, March, 1935. Dear Sir; Inclosed heremth you w ill find two m eo im graphed statements, X-9IbS-a and X-9135-b, covering in detail operations of the main lines Leased Wire System, during the month of Maroh, 1935. Please credit the amount payable by your bank for your share of the expense of the Leased Wire System, to the Federal Reserve Bank of Richm ond in your daily statement of credits through the Gold Settlement Fund for the account of the Federal Reserve Board, and advise the Federal Re serve Bank of Richmond by vnre the amount and purpose of the credit. Very truly yours, £ Fiscal Agent. Inclosures• TO GOVERNORS OP ALL F. R. BANKS X- 9185-a REPORT SH W O ING CLASSIFICATION AND N M U BER O W R S TRANSM F OD ITTED O VER MAIN LINES O TH FEDERAL RESERVE LEASED WIRE SYSTEM FO THE M N H O M F E R O T F ARCH 19S5. , Business reported by banks From Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco Total 29,645 155,262 28.19Q 47,281 51,752 48,985 82,775 63,565 30,249 59,029 51,958 88.219 736,910 Words sent by New York charge able to other F. R. Banks ( l ) 4,619 - 4,839 4,664 4,738 4,568 5,386 4,930 4,746 4,626 5,556 6.235 54,907 F. R. Board business ........................................................................... . . . Net Federal reserve bank business 34,264 155,262 33,029 51,945 56,490 53,553 88,161 68,495 34,935 63,655 57,514 94.454 791,817 Per cent of total bank business (*) 4.33 19.61 4.17 6.56 7.14 6.76 11.13 8.65 4.42 8.04 7.26 11.93 1 0 0 .0 0 310,012 Reimbursable business Incoming & Outgoing ............................................................................................... . . 1,101,829 751,472 Total words transmitted over main l i n e s ........................................................... ............................................. 1,833,301 (* ) These percentages used in calculating the pro rata share of leased wire expense as shown on the accompanying statement (X-9185-b) (1) Number of words sent by Now York to other F. R. Banks for their sole benefit charged to banks indicated in accordance with action taken at Governors’ Conference November 2-4, 1925. fC R R O EXPENSE M EPO T F AIN LINES FEDERAL RESERVE LEASED W IRE SYSTEM, M C , 1935. AR H Nam of bank e Operators' Salaries Oper ators' over time Retire m ent Contribu tions Boston $ 24.65 $ 260.00 New York 1 ,358.29 122.79 Philadelphia 225.00 20.25 Cleveland 306.66 27.60 Richmond 190.00 17.35 Atlanta 270.00 22.14 Chicago 3,997.67(#) 333.50 St. Louis 195.00 17.43 Minneapolis 199.99 15.30 Kansas City 287.00 25.33 Dallas 251.00 22.34 San Francisco 380.00 32.03 Federal Reserve Bd. — Total ^661.21 $7,920.61 $ 1 .0 0 — — — 1 .0 0 — — — — $2 .0 0 Less Reimbursable Charges (&) (#) (* ) (a) Total expenses Wire rental £ 230.0G(&) — — — 15,306.34 $15,536.34 Pro rata share of total expenses 284.65 !| 628.22 j ]_,482.08 2,845.11 245.25 605.00 334.26 951.76 437.35 1,055.90 292.14 980.77 4,332.17 1,614.79 212.43 1,254.98 215.29 641.27 312.83 1,166.48 273.34 1,053.32 412.03 1,730.86 — 15.306.34 $24,140.16 $14,508.46 ¥ 9,651.70 $>14,508.46 X-9185-b Credits $ 284.65 1,482.03 245.25 334.26 437.35 292.14 4,332.17 212.43 215.29 312.83 273.34 412.03 — $8,833.82 Payable to Federal Reserve Board $ 343.57 1,363.03 359.75 617.50 598.55 688.63 2,717.38(f) 1,042.55 425.98 853.65 779.98 1,518.83 $8,392.02 2.717.38(a) $5,674.64 Main line rental* Richmond-Washington Includes salaries of Washington operators Credit Am ount reimbursable to Chicago OS
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