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317 ft-481 BOARD O F G O V E R N O R S OF THE FEDERAL RESERVE SYSTEM WASHINGTON a d d r e s s o f f i c i a l c o r r e s p o n d e n c e t o t h e b o a r d ******* June lb, 1939 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, 1939. 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 Interdistrict 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. Enclosure TO PRESIDENTS OF ALL FEDERAL RESERVE BANKS EXCEPT RICHMOND 318 R-481-a REPORT OF EXPENSES OF MAIN LINES OF FEDERAL RESERVE LEASED WIRE SYSTEM FOR THE MONTH OF MAY. 1959 Words Sent ty N. Y. Chargeable to Other F.R. Banks Total Words Chargeable Payable to Board of Governors Expenses Paid by Banks and Board (2) Pro Rata Share of Total Expenses (l) Federal Reserve Bank Number of Words Sent Boston New York Philadelphia Cleveland 25,950 67,997 17,897 28,245 621 625 24,572 67,997 18,518 28,868 Richmond Atlanta Chicago St. Louis 24,260 42,850 61,625 41,087 621 621 1,159 621 24,881 45,451 62,782 41,708 541.57 945.76 1,566.55 907.85 195.42 298.45 1,297.51 245.12 546.15 647.51 69.22 662.71 Minneapolis Kansas City Dallas Sap Francisco 18,772 48,588 56,641 46,167 621 621 700 750 19,393 49,009 37,341 46,917 422.11 1,066.74 812.77 1,021.21 187.27 259.21 272.61 575.95 254.84 807.53 540.16 645.28 278,549 6,062.97 11,212.27 745,986 $16,195.79 $16,195.79 -loard of Governors 278,549 Total 756,404 (1) 622 — 7,582 4 554.84 1,480.04 405.07 628.55 $ 547.95 1,052.50 253.67 216.08 $ 186.89 447.54 149.40 412.27 $5,149.50 Based on cost per word ($.021766256) 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 (#1,599.05) and wire rental ($9,613.22). / 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 messages; also overtime and supper money and Retirement System contributions at the current service rate.
@FedFRASER