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FEDERAL RESERVE BOARD WASHINGTON X-3254 November 2 5 , 1921. SUBJECT: Expense Main Line, Leased. Wire System, O c t o b e r , 1921. Bear S i r : Enclosed 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-3254a and X-3254b, 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 t h e main l i n e , Leased Wire System, d u r i n g t h e month of O c t o b e r , 1921, P l e a s e c r e d i t the amount p a y a b l e by y o u r b a n k i n t h e r/t?6t a c c o u n t , ' T r e a s u r e r U. S . , on y o u r b o o k s , and i s s u e C/D Form 1, N a t i o n a l Banks, f o r account 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 Board• Very t r u l y y o u r s , F i s c a l Agent. Enclosures« TO GOVERNORS OF ALL BANKS EXCEPT CHICAGO. X-3254a REPORT SHOWING CLASSIFICATION AND 1TOMBER OF WORDS TRANSMITTED OVER MAIN LINE OF THE FEDERAL RESERVE LEASED WIRE SYfTEl FOR THE MONTH OF OCTOBER, 1$21. From Bank B u s i n e s s Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas City Dallas San F r a n c i s c o 58,658 183,334 59,891 85,414 78,161 84,660 141,947 86,643 46,942 98,104 87,035 Total F. R. Banks Washington 1,150,714 269,160 Grand Total 1,419,874 Per cent of Total Per cent of Total Bank Business(*) 5.10 15-93 5.20 7.42 6.79 7.36 12.34 7.53 4.03 3.53 7.56 12.16 100.00 57-59% Treasury Dept. Business 5,975 14,105 7,198 9,427 6,007 8,333 7,542 7,253 3,916 7,039 4,152 14,191 64,036 197,92s 67,0-59 1,149 5,251 715 598 670 1,538 94,841 85,317 98,244 150,204 94,499 51,528 106,081 520 91,707 155,o99 95,146 79,503 12, 513 8,125 1,258,373 357,143 174,949 20,698 1,615,521 10.83% 1 , 4 1 9 , 8 7 4 words or 89.03$ 174.Q4Q « " 1Q.Q7& TOTAL 1,594,823 100.0C% (*) 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 t h e p r o r a t a s h a r e of l e a s e d w i r e expenses a s shown on t h e accompanying s t a t e m e n t (X-3254b). 469 Total lf%T Bank B u s i n e s s Treasury B u s i n e s s FEDERAL RESERVE BOARD WASHINGTON, D. C. NOVEMBER 25, 1921. War Finance Corp, B u s i n es s 1.28% » REPORT. OF EXPENSE MA I N L I N E FEDERAL RESERVE L E A S E D W I R E SYSTEM OCTOBER, Onorators' Salaries Name of Bank 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 $ 240.00 789.98 225.00 Operators 1 Overtime $ - $ 72.00 524.00 300.00 - - Total Expense $ 240.00 861.98 - - 225.00 — - 524.00 - (*) 50.00 - 350.00 - 240.00 4,606 . 28 300.00 - 300.00 275.00 - 240.00 - (#) 4,606.28 •M 310.00 170.00 W Fed. Res, Board - 15,433.60 $ 8,375.26 $ 72.00 275.00 310.00 - - 395.00 Total Wire Rental $15,533.bO 170.00 395.00 Pro r a t a Share of Total Expense $ 1,080.53 3,375.08 1,101.72 1,57^.07 1,432.59 l,559.3b 2,614.47 1,595.37 864.43 1,807.24 1,601.73 2,57,6.33 Credits $ 240.OC 861.98 225.00 524.00 350.00 Payable t o Federal Reserve Board $ 84o. 5 3 2,513.10 876.72 1,048.07 1,088.59 240.00 1.319.36 4 , 6 c 6 . 2 8 (**)1,991.82 300.00 275.00 310.00 170.00 395.00 1.295.37 569.%3 1,497.24 l>31.73 2,161.34 15,483.60 $23,980.86 $21,186.92 2,793,M») $21,126.92 (#) (*) (&) (a) X-3~54b 1321. $8,497.26 $14,681.48 I,m,g2(4) $12,689.66 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 . Cut i n a t Washington on Richmond-Baltimore C i r c u i t . Amount reimbursable t o Chicago. Received $2,535-69 from Treasury Department and $253.25 from War Finance Corporation covering b u s i n e s s * t o r months of J u l y and September,, r e s p e c t i v e l y . (**)Credit. FEDERAL RESERVE BO/RD WASHINGTON," D . C . NOVEMBER 2 5 , 1921,
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