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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