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FEDERAL RESERVE BOARD WASHINGTON X-3212 September 28• .192.1-, Subject: "i! Expense Main Line • Lee sed Wire System, for the Month of August, 1921. Dear Sir: Enclosed herewith you will find two mimeograph statements X-3212a and X-3212b, covering in detail operations of the main line, Leased Wire Syotem, during the month of August 1921. You will note that statement X-3212b shows no credit covering payment by the Treasury Department for its proportion of expense for the month of J~lly. This payment has not been received by the Board and credit will be shown on a subsequent statement after reimbursement has been received. Please credit the amount payable by your bank in the general account) Treasurer u.s., on your books, and issue C/D Form 1 1 National Banks, for account of "Salaries and Expenses, Federal Reserve Board, Special Fund", Leased Wire System, sending duplicate C/D to Federal Reserve Board. Very Enclosures. truly yourE!, Fiscal Agent. TO GOVERNORS OF ALL BANKS EXCP.PT CHICAGO. I . X-3212 a RE'PORT SHOWING CLASSIFICATION AND NUMBER OF WORDS TRANSMITTED . OVER MAIN L~NE OF THE FEDERAL RESERVE LEASED WIRE SYSTEM FOR THE MONTH OF AUGUST, 1921. From Dank Business Per cent of Total Bank Business ( •) Treasury Dept. Business War. Finance Corp. Business .TGtal Total -----------------------------------------------------------------------------------~ Boston 52,248 45,813 6,435 3·79 New York 184,852 174,362 10,490 14.43 Philadelphia 71,287 6,150 65,137 5·39 Cleveland 92,868 84,543 7.00 8,325 Richmond 82,668 72 6.36 5.. 692 J6, 904 Atlanta 61&2 l 6,193 13.75 174,rf l,551 . 160, 4 Chicago 154,113 12.75 ,351 St. Louis 88,105 80,617 6.67 7,488 Minneapolis 52.,656 4.02 48,599 72 3,985 Kansas City 100.,025 94.~4c6 47 5,572 Dallas 122. 82,045 5,112 8711279 ·19 San Francisco 11.$ 151.422 135,196. 1S,Jl5 ~ l•Sl Total F. R. Banks Washington Grand Total 88., 466 1,271 89.9Slf ~.. !!25 1,298,265 31$3,310 1,499,489 178,450 3,696 1,681,635 89.1~ 10.61~ 1.. 208,528 290.9(>1 Per cent of Total 100.00 Bank Business Treasury Business 1,499,489 words or 89.36~ 176, 450 If ft 10.64 TOTAL------·----· 1.,6771939 lOO.. oc$ (•) These percentages used in calculating the pro rata share of leased wire expenses as shown on the accompanying statement (X-3212 b). FEDERAL RESERVE BOARD WASHINGTON, D. C. SEPTEMBER 28.,. l92J.. .~ .REPOOT OF EXPENSE MAIN LINE FEDERAL RESERVE LEASED WIRE SYSTEM AUGUST 1 1921. X-3212 b -----------------------------------------------------------------------------------------------------·----------------Payable to Pro rata Name of Bank Operators 1 Salaries Operators' Overtime Wire Rental Total Expense Share of Total Expense Credits Federal Reserve Board -----------------------------------------------------------------------------------------------------------------------~ $ $ 240.00 $ $ Boston 240.00 $ $ 672.52 912,52 $ 240.00 150.00 New York 789.98 2,534.}4 3, 474.32 939~98 939·98 Philadelphia 225.00 225.00 225.00 11297· 75 1, Ol2• 75 524.00 Cleveland 524.00 524.00 1,685.39 1,1 1.39 300,00 (*)50. 00 Richmond 350.00 1,181,30 350.00 1,531.~0 240.00 Atlanta 240.00 24e,OO 31310. 0 3, 070.60 (f)4J 764,67 Chicago 4, 764.67 4,764,67 ( **)1,694,35 3, Cb9. 82 St, Lcuis 300.00 300.00 1,605.94 300,00 1, 305.94 Minneapolis 275.00 275.00 275.00 967.90 692.90 310.00 Kansas City '310.00 l, 880.42 310.00 1, 570.42 170,00 Dallas 170.00 1,634.83 170,00 1, 464.83 215.0C San Francisco 215.00 2.,7~.26 215.00 2, 491.26 - Fed. Res. Board .. 15,526.38 15J 526.38 ------~-------------------------~----------------------------------------------------------------------~--------------- $150.00 Total (#) Includes salaries Washington Operators. (•) Cut in at Washington on Richmond-Baltimore Circuit. (&) Amount reimbursable to Chicago, (a) Received from War Finance Corporation covering business for month t6f July. (u) Credit. FEDERAL RESERVE BOARD WASHINGTON, D. C. SEPTEMBER 28, 1921, $8,553.65