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4:26 federal reserve board WASHINGTON address official correspondence t o the federal reserve board X-6779 December 20, 1930. SUBJECT: Expense, Main Line, Leased Wire System, November, 1930, Dear S i r : Enclosed herewith you w i l l f i n d two mimeograph s t a t e m e n t s , X-6779-a and X-6779-b, covering i n d e t a i l o p e r a t i o n s of the main l i n e , Leased Wire System, during the month of November, 1930. P l e a s e c r e d i t the amount payable by your bank in the general account, Treasurer, U. S . , on your books, and issue 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, Federal Reserve Board, Special Fund", Leased '.Tire System, sending d u p l i c a t e C/D to the Federal Reserve Board. Very t r u l y yours, F i s c a l Agent. Enclosures. To Governors of a l l F. E. Banks except Chicago. X—6779*" a REPORT SHOWING C L A S S I F I C A T I O N AND NUMBER 0 ? WORDS TRANSMITTED OVER MAIN L I N E O F THE FEDERAL RESERVE LEASED WIRE SYSTEM FOR THF. MONTH OF NOVEMBER, Business reported Words by F. banks From sent by Net New Y o r k c h a r g e able to other R. Banks 25,210 123,461 Philadelphia 30,209 77,631 52,194 S3,053 2,430 1,971 6,102 2,704 94,811 1,816 30,861 Richmond Atlanta Chicago St. Louis Minneapolis Kansas City 27,4^1 123,461 - 59,974 Dallas San F r a n c i s c o 61,26s 89,355 Total 805,751 Total (*) Department words These total 3.80 9.54 6.45 7-87 10.81 90,757 96,627 11.51 4.04 33,920 74,496 8.88 3,114 67,919 92,469 8.09 11.02 33,579 839,330 100.00 258,072 1,097,402 business percentages 59,352 over main l i n e s transmitted used (*) 3-28 14.71 54,165 66,076 . . . Treasury of business 31,898 20,061 3,059 2,372 6,651 72,124 bank Bank business (1) 1,059 Cleveland Percent Federal Reserve 2,271 Boston New Y o r k 1930. in 1,156,754 calculating the pro rata share of leased wire expense a s shown on the accompanying statement (X—6779"™b) (1) Number o f words sent banks "by N e w Y o r k indicated in to other F. accordance R. with Banks f o r action November 2 - their sole taken at 4, benefit Governors' charged to Conference 1925- to X-6779-t REPORT OF EXPE1TSE MAI IT LIKE FEDERAL RESERVE LEASED WIRE SYSTEM, NOVEMBER, I93O. Operators' Salaries Name of Bank Operators' Overtime Boston $ 260.00 $ Hew York 1,129.14 Philadelphia 225.00 Cleveland 306.66 Richmond 190.00 Atlanta 270.00 Chicago 3,687.00(f) S t . Louis 195.00 Minneapolis 201.13 Kansas City287-50 Dallas 25I.OO San F r a n c i s c o 380.00 F e d e r a l Reserve Board Total $ 7,38*2.43 $ Wire Rental $ Total Expenses $ - - - — - - - 230.00(&) - - - 2.00 8.00 - — - - - - - - 10.00 — 15,813.28 $ 16,043.28 $ $ (&) (#) (*) (a) (b) Pro Rata Share of Total Expenses 260.00 1,129.14 225.00 306.66 420.00 270.00 3,689.00 203.00 201.13 287.50 251.00 380.00 15,813.28 $ 729.25 3,270.51 644.86 2,121.05 1,434.05 1,749.76 2,403.42 2,559.05 898.22 1,974.31 1,798.67 2,450.10 - 23,435.71 $ 22,233.25 1,202.46(a) 22,233.25 Credits $ 260.00 $ 1,129.14 225.00 306.66 420.00 270.00 3,689.00 203.00 201.13 287.50 251.00 380.00 — 469-25 2,141.37 619.86 1,814.39 1,014.05 1,479.76 1,285.58(*) 2,356.05 697.09 1,686.81 1,5^7.67 2,070.10 - 7,622.43 $ 15,896.40 1,285.55(h) $ 14,610.82 Main Line r e n t a l , Richmond-Washington. I n c l u d e s s a l a r i e s of Washington o p e r a t o r s . Credit. Received $1,202.46 from Treasury Department covering b u s i n e s s f o r the month of November, 1930. Amount reimbursable t o Chicago. Payable t o Federal Reserve Board
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