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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