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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·