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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