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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. GO qo