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BOARD O F G O V E R N O R S OF THE FEDERAL RESERVE SYSTEM R-580 WASHINGTON a d d r e s s official c o r r c i ^ d n o k n d b to the b o a r d December 16, 1959 Dear Sir: There is attached a copy of the report of expenses of the main lines of the Federal Reserve Leased Wire System for the month of November 1939. Please credit the amount payable by your bank to the Board, as shown in the last column of the statement, to the Federal Reserve Bank of Richmond in your daily statement of credits through the Interdistrict Settlement Fund for the account of the Board of Governors of the Federal Reserve System, and advise the Federal Reserve Bank of Richmond by mail the amount and purpose of the credit. Very truly yours, 0. E. Foulk, Fiscal Agent. Enclosure TO PRESIDENTS OF ALL FEDERAL RESERVE BANKS EXCEPT RICHMOND 222 R-580-a REPORT OF EXPENSES OF MAIN LINES OF FEDERAL RESERVE LEASED WIRE SYSTEM FOR THE MONTH OF NOVEMBER. 1959 Words Sent by N. Y. Chargeable to Other F.R. Banks Pro Rata Sh.8X6 of Total Expensesi(U Total Words Chargeable Expenses Paid by Banks and Board (2) Payable to Board of Governors Federal Reserve Bank Number of Words Sent Boston New York Philadelphia Cleveland 25,561 78,798 17,422 36,486 906 914 915 26,467 78,798 18,336 37,401 Richmond Atlanta Chicago St. Louis 28,991 45,542 62,687 43,685 894 892 951 906 29,885 44,254 65,638 44,589 627.28 928.46 1,355.74 935.91 213.93 242.84 1,253.32 292.13 415.35 685.62 82.42 643.78 Minneapolis Kansas City Dallas San Francisco 19,486 43,701 34,510 44,495 888 892 921 914 20,574 44,593 35,451 45,409 427.64 935.99 743.69 953.12 .50 189. 273.06 270.15 344.57 238.14 662.93 475.54 608.75 228,873 98 10,146.05 ' 228,875 Total 708,055 — 9,995 718,028 $ 555.54 $ 332.73 1,653.95 1,034.60 584.87 245.89 785.04 232.66 00 o c<? Board of Governors - $ 222.81 619.35 138.98 552.38 — #15,071.21 $15,071.21 $5,342.05 (1) Based on cost per word ($.020989725) for business handled during the month. (2) Payments by banks are for personal services and supplies and payments by Board are for personal services and supplies ($1,745.41) and wire rental ($8,400.62). Personal services include salaries of main line operators and of clerical help engaged in work on main line business, such as counting the number of words in messages; also overtime and supper money and Retirement System contributions at the current service rate.
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