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FEDERAL RESERVE BOARD WASHINGTON X-2010 February 1$, 1921. Subject: Expense Main Line, leased Wire System, f o r the Month of January, 1921. Dear S i r : Enclosed herewith you w i l l find two mimeograph statements, X-2010a and X-2010b, covering in d e t a i l operations of the main l i n e . Leased Wire System, during the month of January, 1921. Please deposit the amount payable by your Bank in the general account, Treasurer, U» 8 . , on your books, and issue C/D, Form 1, National Banks, f o r c r e d i t of "Salaries and Expenses, Federal Reserve Board, Special Fund", Leased Wire System, sending duplicate C/D to Federal Reserve Board. Very t r u l y yours, Enclosures. F i s c a l Agent. To Governors of a l l F.R.Banks except Chicago. X-2010a REPORT S W I N G CLASSIFICATION AND NUMBER OF WORDS TRANSMITTED OVER MAIN I, INF OF T'HE FEDERAL RESERVE LEASED "IRE SYSTEM FOR ^HE MON^H OF JANUARY 1°21. From Bank Business Boston New York Philadelphia Cleveland. Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco ' *e>i53 194,038 54,823 108,004 103,758 164,825 197,966 107,571 54,615 114,480 113,475 189,551 Per cent of Total Bank Business (*) 3-38 13.36 3.78 7.44 7.15 11.35 13.63 7.41 3.76 Fiscal AgencyBusiness 7,558 33,667 6,155 15,766 3,325 15,704 l4,l4o Finance Corp. Business 227 75 5,636 8,658 7.88 7.81 8,489 5,441 17.852 100.oc$ 142,391 150.664 293.055 . 13.05 War Total 56,711 227,932 60,978 123,770 107,083 180,6o4 212,106 113,207 63,573 257 122,9 b9 119,173 201*401 1.207 559 1,595,209 414.429 1,766 2,009,638 Total F.R. Banks Washington 1,452,259 262.558 Grand Total 1,714,817 Percent of Total 85.33 14.58 Bank Business 1,714,817 words or 85,40$ " 14.60 Fiscal Agency Business 293.055 " Total (*) 2,007,872 100.00$ These percentages used in calculating the pro r a t a share of leased wire expense as shown on the accompanying statement (X-2010b) FEDERAL RESERVE BOARD WASHINGTON February 19, 1921. .09 CO « CD « REPORT OF EXPENSE MAIN LINE FEDERAL RESERVE TEASED WIRE SYSTEM JANUARY, 1921. Name of Bank Bos ton New York Philadelphia Cleveland Richmond Atlanta Chicago St« Louis Minneapolis Eonsas City Dallas San Francisco Operators 1 Salaries 240.00 7C0.00 225,00 500.00 295.00 240,00 (#)4,514.58 300.00 258.34 215.00 166.66 215.00 Operators 1 Overtime $ $ — - • $7,869.58 — - (*)50.00 Wk 3.00 mm -* - mm w 2.67 7.75 — - Fed. Res. Board Total Wire Rental #13.42 Pro rata Share of Total Expense Total Expense 240.00 700,00 225.00 500.00 345.00 2%0.00 517.58 300.00 258.34 217:67 174.41 215.00 7,03,63 693.63 $7,743.63 415,626.63 $ 528.04 2,087.14 590.52 1,162,30 1,117.00 1,773.13 2,129.32 1,157.61 587.40 1,231.04 1,220,10 2,038.71 | 15,622.31 Credits $ 240.00 700.00 225,00 500.00 345.00 240.00 4,517.58 300,00 258.34 217.67 174.41 215.00 #7,933*00 $ 15,622.31 (#) Includes s a l a r i e s Washington operators (*) Cut-in a t Washington on Richmond-Baltimore c i r c u i t (**) C r e d i t . (A) Amount reimbursable to Chicago (*) Received from War Finance Corporation covering business f o r month of December. FEDERAL RESERVE BOARD WASHINGTON February 1 9 , 1 9 2 1 . X-20i0b Payable t o Federal Reserve Board $ 288.04 1,387.14 365.52 662,30 772.00 1,533.13 2,383.26 857,61 329^06 1,013.37 1,045.69 1,823,71 # 10,077.57 2.388,26(A) $ 7,689.31