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FEDERAL RESERVE BOARD
WASHINGTON

X-2010
March l 6 , 1921.
S u b j e c t : Expense Main L i n e , Leased Wire System,
f o r t h e Month of F e b r u a r y , 1921.

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-2010a and X-2010b, 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 the main l i n e ,
Leased Wire System, d u r i n g the month of F e b r u a r y , 1921.
P l e a s e d e p o s i t t h e amount payable 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 y o u r books, and i s s u e c / D , Form 1,
N a 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 and Expenses, F e d e r a l Reserve
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 Reserve B o a r d .
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 . I W K S EXCEPT CHICAGO.




X-2010a
REPORT SHOWING- CLASSIFICATION AND NUMBER OF WORDS
TRANSMITTED OVER MAIN LINE OF Ttr E FEDERAL RESERVE
LEASED WIRE SYS~'F" FOR ^HE MONTH OF FEBRUARY 1921,
From
Bank Business
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas City
Dallas
San Francisco
T ot al F.R.
Banks
Washington

44,351
179,858
48,24?
94,264
S t , 632
140,135
167,706
25,113
46,867
89,665
85,226
156,288

1,235,352
252,317

Per c e n t of
T o t a l Bank
Business (*)

Fiscal
Agency
Bus ine ss

100.00^

89,739
93,619

216
326

1,325,307
146.262

183,358

542

1,671,569

10,97

-03

Bank Business
1,487,669 words o r 89.03^
w
F i s c a l Agency Business
183.358
"
10,97
1,671,027

100.0C$

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 the
pro r a t a share of l e a s e d wire expense as shown
on the accompanying statement (X-2010h)
FEDERAL RESERVE BOARD




50,274
201,078
53,519
105,460
91,749
149,779
173,639
98,865
51,097
95,Hl
88,329
166,407

5,923
21,124
5,272
11,196
4,089
9,644
5,933
3,752
4,230
5,446
3,011
10.119

Percent of T o t a l 89.00

(*)

Total

3-59
14.56
3.91
7.63
7.09
11/54
13-58
7-70
3-79
7-26
6.90
12.65

Grand T o tal 1,487,6(^9

Total

War
Finance Corp.
Business

WASHINGTON
March l 6 , 1921.

96
28

92

CO *
CD ,
REPORT OF EXPENSE
MAIN LIME
FEDERAL RESERVE LEASED WIRE SYSTEM FEBRUARY, 1921.

Name of Bank

Operators
Salaries

1

$ 240,00
Boston
New York
692.33
225,00
Philadelphia
500.00
Cleveland
300.00
Richmond
240,00
Atlanta
<#)4,640.34
Chicago
S t . Louis
300.00
Minneapolis
258.34
Kansas C i t y
320.00
166.66
Dallas
San F r a n c i s c o
215-00

Operators'
Overtime

Wire
Rental

Total
Expense

$

$ -

$ 240.00
712.33
225.00
500.00
350.00
240.00
4,640.34
300.00
258.34
320.00
168.63
215,00

20.00
-

-

-

(*)50.00

-

-

-

-

-

-

-

-

-

-

1»97

-

—

Fed. Res• Board
Total

-

-

7,846.58
$8,097*67

$21.97

Pro r a t a
Share of
Total
Expense
$

574.09
2,328,36
625.27
1,220.15
1,133-80
1,813,44
2,171.65
1,231,35
606,08
1,160.98
1»103.4l
2,022.93

$-2010b

Credits
$

240.00
712.33
225,00
500.00
350.00
240.00
4,640.34
300.00
258.34
320.00
168.63
215.00

$ 7 , 8 9 6 . 5 8 $ 1 6 , 0 1 6 -2 2

$15,991.51

*8,169.64

( # ) 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-Baitirrore 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 January.

March 16, 1921.



$

334.09
1,616.03
400.27
720.15
783-80
1,573.44
2,468.69(**)
931-35
. 347.74
840.98
934.78
U§07,93

7,846.58

, 2U,Iiil)
$15,991-51

FEDERAL RESERVE BOARD
WASHINGTON

P a y a b l e to
F e d e r a l Reserve
Board

$10,290.56
2,466.69(A)
$ 7,821.87