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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