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297 R-257 BOARD OF GOVERNORS ******* of t h e FEDERAL RESERVE SYSTEM washington A D D R E S S OFFICIAL C O R R E S P O N D E N C E TO T H E BOARD ******* June 14, 1938. Dear Sir: There is attached a copy of the report of expenses of the main lines of the Federal Reserve Leased Wire System for the month of May, 1958. Please credit the amount payable by your bank to the Board, as shown in the last column of the statement, to the Federal Reserve Bank of Richmond in your daily statement of credits through the Inter-district Settlement Fund for the account of the Board of Governors of the Federal Reserve System, and advise the Federal Reserve Bank of Richmond by wire the amount and purpose of the credit. Very truly yours, 0. E. Foulk, Fiscal Agent. Inclosure. TO PRESIDENTS OF ALL FEDERAL RESERVE BANKS EXCEPT RICHMOND 298 R-257-a REPORT OF EXPENSES OF MAIN LINES OF FEDERAL RESERVE LEASED WIRE SYSTEM FOR THE MONTH OF MAY. 1958 Words Sent Total by N. Y. Number Words of Words Chargeable to Other ChargeSent able F.R. Banks Federal Reserve Bank 258.79 521.36 87.49(a) 394.32 646.13 964.67 1,315.60 1,036.91 224.20 337.27 1,192.87 228.61 421.93 627.40 122.73 808.30 30,829 63,612 63,028 76,829 456.47 941.88 935.23 1,137.58 169.76 259.18 281.43 383.24 286.71 682.70 651.80 754.34 i • l 455,512 6,714.98 12,137.87 11,915 1,155,552 $17,109.83 #17,109.83 1,065 42,580 64,116 87,664 68,906 1,058 1,035 1,188 1,124 43,638 65,151 88,852 70,030 29,753 62,554 61,942 75,755 1,076 1,058 1,086 1,074 Minneapolis Kansas City Dallas San Francisco Board of Governors Total 453,512 1,143,637 — 1,067 1,084 II | Payable to Board of Governors 325.77 1,035.35 256.35 277.93 58,129 : B 564.56 1,556.71 105,136 168.86 11,404 45,402 672.25 37,064 Boston 105,136 New York Philadelphia 10,337 44,318 Cleveland Richmond * Atlanta Chicago St. Louis Expenses Paid by Banks and Board(2) Pro Rata Share of Total Expenses (1) 87.49(a) $5,422.89 (1) Based on cost per word ($.014806629) for business handled during the month. (2) Payments by banks are for personal services and supplies and payments by Board are for personal services and supplies ($1,605.41) and wire rental ($10,532.46). Personal services include salaries of main line operators and of clerical help engaged in work on main line business, such as counting the number of words in messagesj also, overtime and supper money and Retirement System contributions at the current service rate. (a) Credit - reimbursable to Philadelphia.
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