The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO T H E FEDERAL RESERVE BOARD X-6735 October 17, 1930. SUBJECT: Expense, Main Line, Leased Wire System, September, 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-6735-1 a and X~S73E~b, Covering i n d e t a i l operations of the main l i n e , Leased Tire System, during the month of September, 1930. P l e a s e c r e d i t the amount payable by your bank i n the general account, Treasurer, U. S . , on your books, and i s s u e 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 ITire 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 ALL F. R. BAITKS EXCEPT CHICAGO. x - 6 7 35- 3BEPOBT SHOWING CLASSIFICATION AND NUMBER OF WORDS TRANSMITTED OVER MAIN LINE OF TBE FEDERAL RESERVE LEASED WIRE SYSTEM FOR THE MONTH OF SEPTEMBER, 1930. Business reported ty "banks 7rom Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas City Dallas San F r a n c i s c o Total Words sent "by New York chargea b l e to other F. R. Banks (1) 27,573 129,376 31,664 82,495 52,715 58,748 98,941 72,730 32,130 51,978 65,036 89,928 823,369 3,527 — 1,645 2,804 3,141 7,978 4,213 3,009 3,78f 2,837 7,247 4,084 44,273 F. R. Board "business Net F e d e r a l Reserve Bank "business 31,105 129,376 33,309 85,299 55,856 66,726 103,154 75,7%9 35,918 84,815 72,283 94,012 867,642 P e r c e n t of t o t a l "bank "business (*) 3-58 14.91 3-84 9-83 6.44 7.69 11.89 3.73 4.14 9.73 S.33 10.84 100.00 286,526 1,154,168 Treasury Department "business Incoming and Outgoing T ot a l 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 u s e d in c a l c u l a t i n g t h e pro r a t a share of l e a s e d wire expense as shown on the accompanying statement (X-6735-t)• (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 i n accordance w i t h a c t i o n t a k e n a t Governors' Conference November 2 - 4 , 1925. 152,318 . 1,286,486 REPORT OP EXPENSE MAIN LIKE FEDERAL RESERVE LEASED WIRE SYSTEM, SEPTEMBER, I93O; Operators* Overtime Boston $ 260.00 $ New York 1,129-14 Philadelphia 225.00 Cleveland 306.66 Richmond 211.00 Atlanta 270.00 Chicago 3,357.57(f) S t . Louis 195.00 Minneapolis 200.00 Kansas City 257.50 Dallas 251.00 San F r a n c i s c o 350.00 Federal Reserve Board ; Total (&) (#) (*) (a) (b) $ 7,572.87 - Wire Rental $ - - - - - - 1.00 1.00 - - - - - - 15,736.19 $ 2.00 $ 15,966.19 Pro Rata Share of Total Expenses Total Expenses $ ro 0 o 0 Operators' Salaries VJ Name of Bank &) 260.00 1,129.14 225.00 306.66 441.00 270.00 3,555.57 196.00 200.00 257.50 251.00 350.00 15,736.19 X-6735-"b $ Credits $ 756.09 3,145.96 811.00 2,076.05 1,360.12 1,624.11 2,bll.l4 1,543.76 274.36 2,065.52 1,759-25 2,259.39 260.00 1,129.14 225.00 306.66 44l.00 270.00 3.25S-57 196.00 200.00 227-50 251.00 350.00 $ $ 7,504.57 $ l 4 . 6 6 2 . 3 7 1,3^7.43(b) $ 13,31^.94 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 $2,421.25 from Treasury Department covering b u s i n e s s f o r the month of September 1930. Amount reimbursable to Chicago. 496.09 2,019.52 556.00 1,769.42 919.12 1,354.11 1,347.43(*) 1,647.76 674.36 1,773.02 1,508.25 1,909.39 — — $ 23,541.06 $21,119.51 2,421.25(a) $ 21,119.gl Payable 10 Federal Reserve Board
@FedFRASER