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FEDERAL RESERVE BOARD WASHINGTON December l 6 , l g 2 0 . Subject: X-2Q10 Expense Main Line, Leased Wire System, f o r t h e Month of November, 1920. Dear S i r : Enclosed herewith you w i l l f i n d two mimeograph s t a t e m e n t s , X-201G1 and X-2010b, covering i n d e t a i l o p e r a t i o n s of t h e main l i n e , Leased Wire System, d u r i n g t h e month of November, 1920. 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 account, T r e a s u r e r U.S., on your 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, Federal Reserve Board, Special Fund", Leased Wire System, sending d u p l i c a t e C/D t o Federal Reserve Board. Very t r u l y yours, Enclosures. F i s c a l Agent. j 0 Governors of a l l F.R, Banks except Chicago 833 X-2010 a REPORT SHOWING CLASSIFICATION AND NUMBER OF WORDS TRANSMITTED OVER MAIN LINE OF THE FEDERAL RESERVE From Bank Business Boston Ne'-v York Philadelphia Cleveland Richmond Atlanta Chicago St.Louis Minneapolis Kansas City Dallas SanFrancisco 51,936 212,861 54,356 103,192 91,484 123,349 191,499 108,497 53,918 110,543 103,955 194.102 Total F.R.Banks Washington 1,404,692 255,534 Grand Total 1,660,226 Percent of Total 7,281 3.70 15.15 25,368 4,877 10,744 3,607 3.S7 7-70 6.51 8,080 100.00% WASHINGTON December 16, 1920. 59,2.17 238,297 59,233 118,930 95,091 130,245 203,559 112,422 58,565 31 118,623 107,521 222.878 112.851 II 1,524,587 388.461 252,647 175 1,913,048 13.21 .01 119,796 IOC.00 (*) 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 t h e pro r a t a share of l e a s e d w i r e expense a s shown on t h e accompanying statement (X-2010B) FEDERAL RESERVE BOARD 68 3,925 4,64? 1,660,226 words or 86-79$ w 252.647 " 11.21% 1,912,873 War Total Finance Cofcp. Business 6,896 12,060 8.79 13.63 7.72 3.84 7-87 7»4O 13.82 86.78 Bank Business F i s c a l Agency Business Total Fiscal Agency Business Per cent of. Total Bank Business (*) I REPORT OF EXPENSE MAIN LINE FEDERAL RESERVE LEASED WIRE SYSTEM NOVEMBER, 1920, Name of Bank Boston $ New York Philadeiphia Cleveland Richmond Atlanta Chicago St.Louss Minneapolis Kazwaa City Dai I a s £an?rancisco Operators1 Salaries - 220.00 720.00 225.00 500,00 287.50 240,00 4,317.35(f) 250.00 258.34 200.00 150.00 175.00 Operators' Overtime 1.00 7,543.19 W, - mm — (*)50.00 — - 3.00 - — 4.00 221.00 720.00 225.00 500.00 337.50 240,00 0)4,320.35 250.00 562.53 2,303.33 535.38 1,170,67 989.75 1,336.39 2,072.24 258,34 - 200.00 - 150.00 175.00 2,101.12 - Total Expense 1,173.71 583.81 - - Fed. Rss. Board Total Wire Rental Pro r a t a Share of Total Expense 7,614.46 7,6i4,4b 7,664.46 15,211.65 1,196.51 1,125.06 15,203.50 X-2010 b Credits Payable t o Federal Reserve Beard 221.00 720.00 225.00 341.53 1,583.33 363.38 500.00 7,597.19 {#) 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 ( : 0 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) Ifcount reimbursable to Chicago (&) Received from War Finance Corporation covering b u s i n e s s f o r month of October, December l 6 , 1920. > 2,248.11 (**) 923.71 325.47 996.51 975,06 1,926.12 175.CO 15,203,50 FEDERAL RESERVE BOARD WASHINGTON 670.67 652.25 1,096.39 337^50 240.00 4,320,35 250.00 258.34 200.00 150.00 ' 9,854.42 2.248.11(A) 7,606.31