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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

(+}