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FEDERAL RESERVE BOARD
WASHINGTON

X-3910
12, 1923.

Decembe~

SUBJECT:

EXPENSE MAIN LINE, Laa.seJ Wi:r:-e System, !loverrl> e:r., 1923 ..

Enclosed ha~ewi"th you will find two min:eog~aph
sta.tements, X-3910-a. and X-3910-b, cove~ing in deta.il opa.ra.tions of the ma.in line, Laa.sad Wi:r:-e Systam, dur.ing the n:onth
of Novembe~, 1923.
,
P1ea.se C:t>edit the amount [;aya.b1e by your bank in
the gene~a.l account, T:r:-easur.e~, U. S.. , on you~ books, and
issue c/D Fo~ 1, Na.tional Banks, fOX' a.ccount of 11 Sala~T.'ies
and Expenses, F.:lde~al Reserve Boa.:rd, Spacial :Eb.nd 11 , Lea.sad
Wire System, sending duplica.te C/D to Fede:t'al Resene Boa..rd •
Ve~y t~y

you:t's,

Fiscal Agent.
(Enclosure)
TO GOVERNORS OF ALL BANKS




. '-·

- ,.,

.
X-3910-a.
REPORT SHOWING CLASSI FICATIO!T AND NUMBER OF WORDS
TRANSMITTED OVER MAIN LINE O:T TilE FED2RAL RESERVE
LEASED VYIBE SYSTEM FOR THE W.DNT:a: OF NOVEMEER, 1923 •

F:r.om

Pe:r.cent of
Fad • Res.
To tal Bank
Bank Business Business (*)

T:r.aa.su:r.y
DcJpt.
Business

WaJ~

Finance Corp.
Business

Tota1

---------------------------------------------------------------------------------Boston

New York
Philadelphia.
Cleveland
Richmond
Atlanta.
Chicago
St. Louis
Minneapolis
Kansas City
Da1las
San F:r.ancisco
TOTAL

41,229
225,605
64,035
95,559
75,365
88,387
149,870
96,069
59,863
91,464
80,303
135,299

4,904
11,865
5,089
3.382
2,974
3,669
7,625
4,007
2,956
4,235
2,129
8,024

3-42
18-74
5-32
7-~4

6.30
7-34
12.45
7·98
4.97
7·59
6. 7l
11.24

60,909

Total

1,431,212

Pe:r.cent of Tota-l

1,265,161

202

351,366

135,409

100.00

277,164

204

74.500

1,204,048

:BoaJ:•d

46,133
237,674
69,124
98,941
78,839
92·056
157,495
100,076
62,819
95,749
32,932
143,323

204

406

1,617,027

3.37%

91.60%

:Bank Bl.lsiness
T:r.ea.sury Dept.

1, 481,212 wo:r.d s o:r. 91.62%
tl
11
8 .. ;23~
1~2140~

TOTAL

).,616,621

.03%

100.

1o

(*) These pa:t'centa.ges used in c3lcula.ting the.
p:r:-o :t'a.ta. sha.:r.e of 1eElsed wire axpensea as
~ho-wn on the a.ccompanying staterr.ant (X-3910b)

FEDERAL RESERVE BOARD,
Wa.shington, D. C..
De_cembe:t" 12, 1923 •




.""'

•
X-3910-b

REPORT OF EXPENSE
MAIN LINE
FEDERAL RESERVE LEASED WIRE SYSTEM NOVEMBER, l 923 ·

-------------------------------------------------------------------------------------------------------------Payable to
Nc:une of Bank

Ope:t:'a.tors' Ope:t:'a.tors'
Sala.ries
Overtime

Boston

$ 250.00

Wire
Rental

Total
Expense

Pro Ra.ta.
Sha.re of
Total
Expanse

Credits

Federal
Reserve
Board

-------------------------------------------------------------------------------------------------------------1,100.32

Naw Yo.T.'k

$

$
25·00

Philadelphia.
190.83
Clavela.nd
388.00
Richmond
315.00
24o.oo
Atlanta.
Chica.go
(#) 4,830.68
St. Louis
250.00
Mbneapolis
276.13
Kan<>a.s City
346.68
Dallas
211.00
San Francisco
3t>O.OO

2.00

~17 ,113 .g6

Fed • Res • Board

250.00
1,125.82
190.83
388.00
315.00
240.00
4,832.68
250.00
276.13
346.68
251-00
360.00

"'

't'

726.16 $ 250.00
3.979·02 1,125·82
190.83
l ,129 ·58
388.00
1 ,685·88
315.00
1,337·67
240.00
1,553·49
4,832.68
2,643.48
250.00
1,694·38
276.13
1,055-27
346.68
1 ,611.)7
251.00
1,424.72
360.00
2,386.57

171113.86

476.16
2,853.20
938·75
1,297·38
1,022.67
1,318.49
(*) 2,139·20
1,444.38
779·14
1,264.89
1,173·72
2,026.)7

$

----------------------------------------------·-----------------------------------------------------------$

TOTAL
•
(#)
(&)

27.00

$17,113·86

$2~,940.00

(a) 4•707 , 21

$211232·79

$81826.14

$21,232-79

Includes sa.la.ries of Washington o_pe.r.stors.
Jl.mount :reirr:bu:-r.sa.ble to Chicago.
(*) Credit.
(a.) Received $7.21 from Wa.r Finance Corporation and $4,100.00
frorr. T:reasu:t:'y Dept. covering business for month of Noverrber 1 1923 •
FEDER.P,L RESERVE 130.ARD I
W0shington, D. C.
December 12, 1923·