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38G " FEDERAL RESERVE BOARD
WASHINGTON
address official correspondence to
the federal reserve board

X-S765
November 25, 1930.

SUBJECT:

Expense, Main Line,
October, 1930,

Leased Wire System,

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-5765-a and X-6755-Id, covering
i n d e t a i l operations of the main l i n e , Leased Wire
Systemi during the month of October, 1930*
Please c r e d i t the amount, payable "by youfc
"bank i n the general account, Treasurer, U. S i , oil
your books, and i s s u e C/B Form 1, National Banks *
f o r account of " S a l a r i e s and Expenses, Federal Reserve Board, Special Fund1*, Leased Wire System,
sending d u p l i c a t e C/D to the Federal Beserve Board.
Very t r u l y yours,

F i s c a l Agent*

Enclosures.
TO GOVERNS OF ALL F. R. BASKS EXCEPT CHICAGO.




X — 6 5 ™A
REPORT SHOWING CLASSIFICATION AND NUJFBER OF WORDS TRANSMITTED OVER MAIN LINE
OF THE FEDERAL RE,SERVE L"AS^D ^IRE SYSTEM FOR TB? MONTE OF OCTOBER, 1 9 3 0 .

Business
reported
from
Boston
lew York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas City
Dallas
San F r a n c i s c o
Total

"banks

Words sent 'byNew York chargea b l e to o t h e r
F. R Banks (1)

Net F e d e r a l
Reserve
Bank
"business

30,009
148,371
3M59
91,042
57,101
63,797
102,589
78,283
34,907
83,896
70,054
98,565
893,471

2J22
1,150
2,974
2,602
8,118
3,959
2,647
4,079
2,752
'7,047
3,701
41,781

32,731
148,371
36,039
94,016
59,703
71,915
106,548
80,930
38,986
86,648
77,101
102,264
935,252

F. R. Board b u s i n e s s

P e r c e n t of t o t a l
"bank "business (*)

3-50
15-87
3.85
10.05
6.38
7-69
11.39
8.65
4.17
9-27
8.24
10-94
100.00

296,348

Treasury Department b u s i n e s s Incoming and Outgo-ng .
T otal words t r a n s m i t t e d over main l i n e s
(*)

These p e r c e n t a g e s used in c a l c u l a t i n g the pro r a t a share of l e a s e d wire expense a s shown
on the accompanying statement (X-6765-b).

(l)

Number of words s e n t by New York to other F. R. Banks f o r t h e i r s o l e b e n e f i t charged to
banks i n d i c a t e d in accordance with a c t i o n taken a t Governors' Conference
November 2 - 4 , 1925.




1,271,600
78,179
1,309,779

UC

*
#

REPORT OF EXPENSE MAIN LIKE
FEDERAL RESERVE LEASED WIRE SYSTEM, OCTOBER, I93O.

Operators'
Salaries

Name of Bank
Boston
$
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Loui s
Minneapolis
Kansas CityDallas
San F r a n c i s c o
Federal Reserve Board
Total

$

Operators'
Overtime

260.00 $
1,129.14
225.00
306.66
190.00
270.00
3,765.00(#)
195.00
200.00
2S7-50
251.00
350.00
7,459.30

$

6.00

Wire
Rental
$

-

-

—

-

$

-

-

230.00(&)

-

3.00

-

-

-

-

-

-

-

-

-

—
-

9-00

15,76^.10
$ 15,994.10

$
$

(&)
(#)
(*)
(a)
(t>)

Pro Rata
Share of
Total
Expenses

Total
Expenses

-

260.00
1,135.14
225.00
306.66
420.00
270.00
3,768.00
195.00
200.00
287-50
251.00
380.00
15,764.10

X-6765-b

$

772.17
3,501.23
849.39
2,217.23
1,407.55
1,696.57
2,512.86
1,908.36
919.9s
2,045.14
1,517.91
2,413.58
-

23,462.40
.$ 22,061.97
1.400.43(a)
22,061.97

Credits
$

260.00
1,135-14
225.00
306.66
420.00270.00
3,768.00
195.00
200.00
287.50
251.00
380.00
-

$ 7,698.30

Payable to
Federal
Reserve
Board
$

512.17
2,366.09
624.39
1,Q10.57
937-55
1,426.57
1,255.I4(*)
1,713.36
719.9s
1,757-64
1,566.91
2,033.5s
-

$ 15.6lS.Sl
1.255.14(b)
$ 14.363.67

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 $1,400.4-3 from Treasury Department covering business f o r the month of October 1930.
Amount reimbursable to Chicago.




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