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FEDERAL RESERVE BOARD WASHINGTON X-3234 O c t o b e r 25, 1921. Subject: Expense Main L i n e , Learned Wire System f o r t h e Month of September, X$21, Dear S i r s Enclosed herewith you w i l l f i n d two mimeograph s t a t e m e n t s X-.3p.3lia and X-3234b, 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, during the month of September, 1$21. P l e a s e c r e d i t t h e amount payable by your bank i n t h e g e n e r a l account, Treasurer U. S . , on your books, and i s s u e C/D Form 1 , National 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, sending d u p l i c a t e C/D t o Federal Reserve Board, Very t r u l y y o u r s , Enclosures. F i s c a l Agent, 1 0 GOVERNORS OF ALL BANKS EXCEPT CHICAGO. X-3234a RBfuRl' SHOWING CLASSIFICATION AND NUMBER OF WORDS TRANSMITTED OVER MAIN LINE OF THE FEDERAL RESERVE LEASED WIRE SYSTEM FOR THE MONTH OF SEPTEMBER, 1$21, From Bank Business Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t , Louis Minneapolis Kansas City Dallas San F r a n c i s c o 52,562 151,620 58,099 84,989 71,969 80,324 133,354 79,253 44,960 91,185 85,835 13P.Q39 4.94 14.25 5.46 7.99 6.76 7.55 12.53 7.45 4.22 8.57 8.06 12.22 T o t a l F, R. Banks Washington 1,064,249 275,066 . 100.00 Grand Total 1,339,315 Per cent of T o tal Treasury Dept. Business Per cent of Total Bank Business(*) ... 131,421 130,686 5,510 7,982 1,201,180 262,107 13,492 1,614,914 l , 3 3 9 ; j l 5 words or 83.63$ 262,107 * • 16.37% TOTAL 1,601,422 100.00$ (*) 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 expenses as shown on t h e accompanying statement (X-3234b). 59* 844 168,241 66,898 98,094 80,715 96,772 142,053 92,099 49,970 101,093 93,097 152,304 103 118 349 418 1,409 Bank Business Treasury Business FEDERAL RESERVE BOARD WASHINGTON, D. C. OCTOBER 25, 1921. Total 7,282 15,984 8,799 13,072 8,573 14,178 8,699 12,743 4,892 9,559 6,844 20J96 16.23% 82.93# War Finance Corp Business 637 33 173 2,270 .84$ 413,734 1 c REPORT OF EXPENSE MAIN LINE FEDERAL RESERVE LEASED WIRE SYSTEM SEPTEMBER, 1921. Name of Bank Operators' Salaries Boston $ 240.00 New York 789.98 Philadelphia 225,00 Cleveland 524.00 Richmond 300.00 Atlanta 240,00 Chicago (#)4,555.02 St. Louis 100,00 Minneapolis 275,00 Kansas City 310.00 Dallas 3.70.00 Sen F r a n c i s c o 395*00 Operators' Overtime $ - 36,00 Extra Compensation $ w $ — - 122*50 - * (*>•50.00 mm tw «* *- m - - • Fed. Res. Board Total Wire Rental 15,542.15 $ 8,324.00 $ 36.00 $ 122.50 Total Expense Pro r a t a Share of Total Expense $240.00 825.98 225.00 646.50 350.00 240.00 4,555.02 300.00 275,00 310.00 170.00 395.00 $ 1,186.43 3,422.40 1,311.32 1,918.94 1,623.54 1,813.27 3,009.31 1,789.25 1,013.51 .2,058,24 1,935.75 2,934.65 $15,592.15 $24,074.65 . $24,016.81 57.84(a) 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 from War Finance C o r p o r a t i o n c o v e r i n g b u s i n e s s f o r month of August. Credit. FEDERAL RESERVE BOARD WASHINGTON, D. C. OCTOBER 25, 1 9 a . Credits $ 240.00 825.98 225.00 646.50 350.00 240.00 4*555.02 300.00 275.00 310.00 170.00 395.00 Payable t o Federal Reserve Board $ 946.43 2,596.42 1,086.32 1,272.44 1,273.54 , •1,573.27 (**)1,545.71 1,489.25 738.51 1,748.24 1,765.75 2,539-85 15,542.15 $24,016.81 (#) (*) (&) (a) (**) ,0,h. X-3234b Y $8,532.50 $ 17,030.02 1,545.71(6) $ 15,484.31