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FEDERAL RESERVE BOARD WASHINGTON X-2010 June l 6 , 3.921* Subject: Expense Main Line, Leased Wire System, for the Month of May, 1921- Dear Sir: Enclosed herewith you will find two mimeograph statements X-20106. and X-2010b, covering in detail operations of the main line, Leased Wire System, during the month of May, 1921. Please deposit the amount payable by your Bank in the general account, Treasurer U. S., on your books, and issue C/D Form 1, National Banks, for credit of "Salaries and Expenses, Federal Reserve Board, Special Hund", Leased Wire System, sending duplicate C/D to Federal Reserve Board. Very truly yours, Enclosures. Fiscal Agent. TO GOVERNORS OF ALL FJR.BJWK5 EXCEPT CHICAGO. X-2010a REPORT SHOWING CLASSIFICATION AMD NU**©ER OF WORDS TRANSMITTED OVER MAIN LINE OF THE FEDERAL RESERVE LEASED WIRE SYSTEM FOR THE MONTH OF MAY, 1921. From "Per c e n t of T o t a l Bank Bank Business Business (*) Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas City Dallas San F r a n c i s c o 43,414 156,475 48,9^9 95,880 70,492 150,320 133 , 658 82,375 4o,4i9 90,739 75,299 136,950 T o t a l F-R. Banks Washington 1,124,990 278.940 Grand T o t a l 1,403,930 P e r c e n t of T o t a l 3.86 13.91 4.35 8.52 6*27 ' 13.36 H i 88 7.32 3*59 8.07 6.69 12.18 100.00 89*22 Fiscal Agency Business 5,149 13,622 2,107 10,485 2,777 11,579 3,430 4,086 3,459 5,936 2,976 10.245 167,957 1,755 1,573 , 642 10.67 .11 1,571,887 100. (*) 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 p r o r a t a share of l e a s e d wire expense as shown on the accompanying statement (X-3010b). June l 6 , 1921* 44 1,201,413 172.229. Total - - - - - - WASHINGTON 21 48,563 170,604 51,076 106,386 73,269 161,899 137,088 86,461 43,878 96,675 78,319 147.195 572 1.183 1,403,930 words or 89<31 167.957 " " 10.69 FEDERAL RESERVE BOARD 507 Total- 75,851 92.106 Bank Business F i s c a l Agency Business - - War Finance Corp. Business REPORT OF EXPENSE MAIN LINE FEDERAL RESERVE LEASED WIRE SYSTEM MAY, 1921. Name of Bank Operators Salaries 1 $ 240.00 Boston New York 942.97 225.00 Philadelphia 508.00 Cleveland 300.00 Richmond 240.00 Atlanta (#)4,9i4.5i Chicago S t . Louis 300.00 Minneapolis 258.34 Kansas C i t y 290.00 166,66 Dallas San F r a n c i s c o 215.CO Operators Overtime $ Wire Rental $ - 111,00 - (*) 50.00 - - - - - - 2,50 - * - Fed. R e s . Board Total 1 Total Expense Pro r a t a Share of Total Expense A 240.00 .1,053-97 225.00 508.00 350.00 240.00 4,914.51 300.00 258.34 292-50 .166 . 6 6 215.00 $ 640.69 2,308.79 722.02 I,4i4.l6 1,040.70 2,217.50 1,971.85 1,214.98 595-87 1,339.46 1,110.41 2,021.64 7,834,63 $8,600.48 $113-50 .54(4) $16,598.07 (£) 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-Baltimore 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 Corporation c o v e r i n g b u s i n e s s f o r month of A p r i l . Credits $ Payable t o F e d e r a l Reserve Board 240.00 1,053.97 225,00 50s.CO 350.00 240.00 4,914.51 300,00 258.34 292.50 166.66 215.00 400.69 1,254,82 497.02 906.16 690.70 1,977.50 (**>2,942.66 914.98 337.53 1,046.96 943.75 1,806.64 $ 8,763,98 $ 10,776.75 $ 7,834.63 $ 7 , 8 8 4 . 6 3 $ 1 6 , 5 9 8 . 6 1 $ 16,598.07 FEDERAL RESERVE BOARD WASHINGTON June 16, 1921. X-2010b 2.942.66(A) $ 7,834,09