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FEDERAL RESERVE BOARD WASHINGTON 1-2010 May 11, 1921. Subject: Expense Main Line, Leased Wire System, f o r t h e Month of A p r i l , 1$21. Dear S i r : E n c l o s e d h e r e w i t h you w i l l f i n d two mimeograph s t a t e m e n t s X-201C& a n d X-201Cb, c o v e r i n g i n d e t a i l o p e r a t i o n s of t h e main l i n e , Leased Wire System, d u r i n g t h e month of A p r i l , 1921. P l e a s e d e p o s i t t h e amount p a y a b l e by your Bank i n t h e g e n e r a l a c c o u n t , T r e a s u r e r , U. S . , on your books, and i s s u e C/D, Form 1, m t i o n a l Banks, f o r c r e d i t of " S a l a r i e s a n d Expenses, F e d e r a l R e s e r v e Board, S p e c i a l Fund", Leased Wire System, s e n d i n g d u p l i c a t e C/D t o F e d e r a l R e s e r v e Board. Very t r u l y y o u r s , Enclosures. F i s c a l Agent, TO GOVERNORS OF ALL F.R.BANKS EXCEPT CHICAGO, X-201C& REPORT SHOWING CLASSIFICATION 4ND NUMBER OF WORDS TRANSMITTED OVER MAIN LIKE OF THE FEDERAL RESERVE LEASED WIRE SYSTEM FOR THE MONTH OF APRIL, 1921. From Bank B usine ss Boston New York Philadelphia Cleveland Richmond Atlanta Chi cago S t . Louis Minneapolis Kansas City Dallas San Francisco 47,223 188,265 51»360 97,078 80,152 167,275 151,642 88,653 41,756 95,933 75,904 151,187 Total F.R. Banks Washington 1.,236,428 2QQ.828 Grand Total 1,536,256 Per cent of Total Bank B usine ss (*) Fiscal AgencyB u s i n es s 3,82 15.23 4-15 7.85 . 6.48 13.53 12.26 7.17 3.38 7.76 6.14 12.23 5,269 17,CIS 7,990 13,530 2,684 9,593 3,265 4,271 4,103 5,429 3,&69 11 f b'lo 100.00 50 1,710,790 1,710,740 100.00% (*) These p e r c e n t a g e s used i n c a l c u l a t i n g t h e p r o r a t a share of l e a s e d w i r e expense a s shown on the accompanying s t a t e m e n t (X-3010b). 82, 836 176,868 154,907 92,924 45,864 101,362 79,073 162,83.? 174,484 Total May 17, 1921* 59,350 110,608 1,324,400 186,390 1,536,256 words or 89.80 " 10.20 174.484 " WASHINGTON 52,492 205,283 50 Bank Business F i s c a l Agency Bu sine ss FEDERAL RESERVE BOARD Total 87,972 86,512 10.199 Percent of Total 89*798 War Finance Corp, B u s i n es s .003 X-2010b REPORT OF EXPENSE MAIN LINE FEDERAL RESERVE LEASED WIRE SYSTEM APRIL, 1321 . Name of Bank Operators' Salaries $ 240.00 Boston New York 889.30 Philadelphia 225,00 Cleveland 508.00 Ri cfcmond 300,00 240,00 Atlanta Chicago (#>4,858.22 St. Louis 300,00 Minneapolis 258.34 Kansas City290.00 l66,b6 Dallas San F r a n c i s c o 215.00 Operators' Overtime $ Wire Rental $ — — w — l*)50,oo — — ~ - — — — — .28 - - Fed. Res. Boar •d To1y,l $8,490,52 - $.28 Total Expense $ 240.00 889.30 225.00 508.00 350.00 240.00 4, 858,22 300.00 258.34 290.00 166,04 215,00 7,834.63 7,834.63 $7,-884,63 $16,375.43 Pro r a t a Share of Total Expense Credits 625.26 2,492,86 679.28 1,284.90 1,060.65 2,214.61 2,006,73 1,173.59 553.24 1,270.17 1,005,00 2, 001,82 $ 240.00 889,30 225.00 508.00 350.00 240,00 4,858.22 300.00 258.34 290.00 166,94 215.00 385,26 1,603.56 454.28 776,90 710.65 1,974.61 ( * * ) 2 , 851.49 873.59 294.90 980,17 838.06 1,786,82 $I6,368,U V$8,540,80 $10,678,80 $ 7.32(&) $16,368,11 (#) I n c l u d e s s a l a r i e s Washington o p e r a t o r s . (*) C u t - i n a t Washington on Richmond-Baltimore c i r c u i t . (**) C r e d i t (A) Amount r e i m b u r s a b l e t o Chicago (&) Received from War Finance C o r p o r a t i o n c o v e r i n g b u s i n e s s f o r month of March, FEDERAL RESERVE BOARD WASHINGTON May 17, 1921, Payable to F e d e r a l Reserve Board $ 2,851^40^1 $ 7,827.31