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Eo.~~ W, P. G. HAIIDJNG. GOVERNOR ALBERT STIIAUSS, VICE GOVERNOI ADOLPH C. IIILLER CHARLES S. HAMLIN HENRY A. MOEHLENPAH Ex OI'I'ICIO MIMSaU DAVID F. HOUSTON k SECRETARY OF THE TREASURY CHAIRMAH FEDERAL RESERVE BOARD . JOHN SKELTON WILLIAMS COMPTROLLER OF THE CURRIHCY W. T. CHAPMAN, SICRITARY R. G. EMERSON,ASSISTANT SECRETARY ADDRESS REPLY TO W, M.IIILAY, FII~A· AOINT WASHINGTON fEDERAL RESERVE BOARD September 21,1920. X-2010 Subje.ct: Expense Main Li.ne, Leased Tiire System., for the Month of August, 1920. Dear Sir: En~losed herewith you will find two mimeograph statements 1 X-2010a and X-2010b, covering in detail ope:ra tions of the main line, Leased Wire System, during the month of Au~st, 1920. Please deposit the amount payable by your bank in the general account, Treasurer U.S., on your books, and issue C/D1 Form 11 National Banks, for Credit of "Salaries and Expenses, Federal Reserve Board, Special Fund", Leased llire System_. sending duplicate C/D to Federal Reserve Board, Very truly yours, Fiscal Agent. Enclosures. '£(\ GOV?r<::~Oc'.~:: CF A.LL F • .R. BANKS EXCEPT CHICAGO 824 X-2010 a REPORT SHOWING CLASSIFICATION fu."'ID NID.IDER OF WORDS TRANSMITTED OVER MAIN LINE OF THE FEDERAL RESERVE LEASED ~7IRE SYSTEM FOR THE MONTH OF AUGUST 1920. From: Bank Business '. Boston 55.. 382 New York 252,657 Philadelphia 48.~964 Cleveland 104,725, Richmond 91, 092 Atlanta 131.,934 Chicago 183 .. 913 St .. Louis 120., 090 Minneapolis 44,478 Kansas City 116,027 Dallas 92,568 S:lnFrancisco 163.552 Total F.R. Bks. 1,405,382 '11a shingt on 263.613 Grand Total 1., 669,055 Percent of total 88.27 Bank Business Fiscal Agency Business Total (*) Per Cent of Total Bank Business(*) 3.94 17-98 3 .. 48 7 .. 45 6.48 9-39 13.0~ 8.5 3 .. 16 8 .. 26 6.59 11 .. 64 100.00 Fiscal Agency 10.,817 18,g23 . 4, 54 10,310 4:>404 7.,8o4 10.,515 4,974 5,548 8,479 4.492 --lL994 102.. 914 September 21,1920. Total 160 271.~740 66.,199 53,6JZ 115., 035 95,496 139.~738 26 186 118,~530 221,444 11.72 1,669., 055 w·ords or 221.444 " " 1,890,499 88 .. 2 11 .. 12~ 100.00 These percentages used in calculating the pro rata share of leased wire expense as shown on the accompanying statement (X2010b) Federal Reserve Board t"ashington War Finance 186 • 01 194.~454 125., 064 50., 026 1241 5C6 ' 97, o6o 115.546 1~ 508., 482 }82.203 1,890,685 100• REPORT OF EXPENS~ iid.AIN LINE FEDERAL RESERVE LEASED \HRE SYSTEM X·-2010 b AUGUST- 1920 Pro rata Pay:tble Federal Reserve Operators Operators t!ire Total Total Board Credits ~Na~m~e~o~f~B~a~nk~--~Sa==la~r~i~e~s~----~Ov~e~r~t~jm~e~----~R~e~n~t~a~l~-------ZE~xp~e~~~s~e~----~E~x~p~e~n~s~e______~~~~-------------~~~--------------------Share of 1 1 Boston $ 220.. 00 $ L 00 ~: ~~ 221 ... 00 New York 640400 21.00 661~00 Philadelphia 225, OC 225 .. 00 Cleveland 500. 00 500.00 Richmond 287.50 (*) 50.00 337.50 Atlanta 240.00 2~0.00 Chicago (#)4,071-24 26.00 (#) 4.,097-24 St.Louis 150,00 50.00 2CO.OO Mim1e3.polis 2G5 .. 84 265.84 Kansas City 200.. 00 200.. 00 Dallas 150~ 00 150... 00 SanFrancisco 175.00 175.00 Federal Reserve _ ___:B::.:ro::.::·:.::r..:::d________,_ ___,,----......_--_.....~-~- --~.L.7,(_.j.f:.-6:. =3::...: :~276____,---71 5§3~ 26 TOTAL $7,124.58 $98.00 $7,618 . . 26 $14,840.84 15.30(8;:) $14.,825.54 (#) Includes salaries Washington operators. $ (*) Cut-in at ~ashington on Richmond-Baltimore circuit. (+) Amount reimbursable to Chicago .. (&) Received from \'.Tar Finance Corporati~n covering business for "c" .. tu of July .. ( **)Credit .. FEDERAL RESERVE BOARD WASHINGTON Septe~ber 21.1920. 584.13 2,665.63 515 ... 93 1.,104 .. 50 960.70 1.,392.12 l, 940.66. 1,266.10 468.49 1.,224.59 977-00 1,725 .. 69 J- ~· 221.00 66LOO 225.00 500.00 337.50 240.00 4., 097 .. 24 200w00 265 .. 84 200.00 150.00 175.00 $7,272.58 .-i_~ 363 .. 13 2_, oc4.63 290.93 6ol-~,50 623.20 1.,152, 12 2,156-58 ( **) 1, c66.10 202.65 1, 024 ... 59 827.. 00 1,550.69 $9_, 7C9- 54 2.156 .. 18 $7.,552.. 96 (+}