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FEDERAL RESERVE BOARD WASHINGTON December 6, 1921. X-3261 SUBJECT: R e v i s e d S t a t e m e n t s of Expense F e d e r a l R e s e r v e Leased Wire System, J a n u a r y t o August, i n c l u s i v e , 1 9 2 1 . Dear S i r : The F e d e r a l " R e s e r v e Board h a s b e e n a d v i s e d by t h e F e d e r a l Reserve Bank of A t l a n t a t h a t i n t h e B a n k ' s r e p o r t s t© t h e Board (Form 30C6-a), " S t a t e m e n t of Expense, Leased Wire S y s t e m , " f o r t h e months of J a n u a r y t o August, i n c l u s i v e , 1921# i t h a s been r e p o r t i n g a s main l i n e b u s i n e s s a c o n s i d e r a b l e volume of b u s i n e s s each month which vvaa n o t h a n d l e d over t h e main l i n e , b u t e x c l u s i v e l y on b r a n c h l i n e w i r e s . I t i s on t h e b a s i s of t h e Banks' r e p o r t s of t h e i r volume of main l i n e b u s i n e s s t h a t a s s e s s m e n t i s made Upon them each month by t h e Board t o c o v e r expense of o p e r a t i n g t h e main l i n e l e a s e d w i r e s y s t e m . A$ a r e s u l t of t h e e r r o n e o u s r e p o r t s r e n d e r e d by t h e A t l a n t a Bank, t h e a s s e s s m e n t s made by t h e Board f o t t h e months of J a n u a r y t o August, i n c l u s i v e , were n o t computed on t h e t r u e b a s i s - A t l a n t a * s p r o r a t a payments b e i n g g r e a t e r t h a n would have been t h e case had i t been a s s e s s e d on i t s a c t u a l main l i n e b u s i n e s s , and t h e amounts p a i d by t h e o t h e r Banks c o r r e s p o n d i n g l y l e s s . C o r r e c t e d r e p o r t s f o r t h e p e r i o d have been f u r n i s h e d by t h e F e d e r a l R e s e r v e bank of A t l a n t a and t h e Board h a s re-figuredk i t s a s s e s s ments and i s e n c l o s i n g c o r r e c t e d s t a t e m e n t s h e r e w i t h , ( X - 3 2 6 l a and X~32olb). I n o r d e r t h a t t h e F e d e r a l R e s e r v e Bank of A t l a n t a may be reimbursed i n t h e amount of i t s over-payments, a l l o t h e r F e d e r a l Reserve Banks a r e b e i n g r e q u e s t e d t o r e m i t d i r e c t t o t h e A t l a n t a Bank t h e d i f f e r e n c e between t h e amounts p a i d by them a s t h e i r p r o r a t a s h a r e s of t h e c o s t of t h e o p e r a t i o n of t h e m a i n l i n e l e a s e d w i r e system f o r t h e months of J a n u a r y t o August, i n c l u s i v e , and t h e amounts of t h e i r p r o r a t a s h a r e s a s shown by t h e e f i c l o s e d corrected statements. The t o t a l amount due from your Bank i s $ which s h o u l d be r e m i t t e d d i r e c t t o t h e F e d e r a l R e s e r v e Bank of A t l a n t a , a d v i c e of t h e r e m i t t a n c e b e i n g s e n t t o t h e Board. Very t r u l y y o u r s , G o v e r n o r . SENT ALL GOVERNORS OF F . R. BANKS EXCEPT ATLANTA. Enclosures. X-326l-a REVISED KERDET SHOWING CLASSIFICATION AND NUMBER OF WORDS TRANSMITTED OVER MAIN LINE OF THE FEDERAL RESERVE LEASED WIRE SYSTEM DURING THE MONTH OF JANUARY 1921. Bank Business From Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas C i t y Dallas San F r a n c i s c o **9,153 194,038 5%,823 108,004 103,758 125,Ug2 197,966 107,571 54,615 114,480 113,475 189,551 Per c e n t of Total Bank Business( *) 3.48 13.74 3.88 7.64 7.34 8.88 Fiscal Agency Business 7,558 33,667 6,155 15,766 3,326 8,856 War Finance Corp. Business 227 75 135,543 150,664 559 1,207 1,549,016 414,429 1,963.447 257 1,675,474 286,207 1,766 85.33 14.58 .09 Bank Business F i s c a l Agency Business 1,675,474 words or 8 5 . 4 l # 286,207 " " 14.59 Total 1,961,681 100.00# These p e r c e n t a g e s used i n c a l c u l a t i n g the p r o r a t a share of l e a s e d w i r e expense a s shown on t h e accompanying statement 212,106 113,207 63,273 122,969 119,173 207.403 100.00% 8.03 13.42 Grand T o t a l FEDERAL RESERVE BOARD WASHINGTON, D. C. 134,413 7.61 3-86 8.10 1,412,916 262.558 {*) 56,711 227,932 60.973 123,770 107,083 l4,l4o 5,636 8,658 8,489 5,441 17,852 14.02 Total F . R. Banks Washington "Per c e n t of Total To t a l X-326l-a REVISED REPORT SHOWING CLASSIFICATION AND NUMBER OF WORDS TRANSMITTED OVER MAIN LINE OF THE FEDERAL RESERVE LEASED WIRE SYSTEM DURING THE MONTH OF FEBRUARY 1921. From Bank Business Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas C i t y Dallas San F r a n c i s c o 44,351 179,85* 4s,?47 94,264 87,632 102,-*64 167,706 95,113 4o,867 39,665 85,226 156,288 Per cent of Total Bank Business (*) 3-70 15.02 4.03 7.87 7.32 3.55 i4.oo 7-94 3.9i 7.49 7.12 13.05 Fiscal Agency Business War Finance Corp. Business 5,923 21,124 5,272 96 4,089 2g 11,196 6,663 4,230 3,011 10,119 92 • 86,758 93,619 216 326 Total F. R. Banks Washington 1,197,581 252,317 Grand T o t a l 1,449,898 180,377 542 88.91 11.06 '03 Per c e n t of T o ta l 100.00# Bank Business F i s c a l Agency Business 1,449,898 words or 88.94$ 180,377 " " 11.06 Total 1,630,275 (•) 100.00# These p e r c e n t a g e s used i n c a l c u l a t i n g the p r o r a t e share of l e a s e d wire expense as shown on the accompanying s t a t e m e n t . FEDERAL RESERVE BOARD WASHINGTON, D. C„ 50,274 201,07S 53,519 105,460 91,74? 173:639 98,865 51,097 5,933 3,752 5,446 Total 95,111 88,329 166,407 1,630,817 X-3261-a REVISED REPORT SHOWING CLASSIFICATION AND NUMBER OF WORDS TRANSMITTED OVER MAIN LINE OF THE FEDERAL RESERVE LEASED WIRE SYSTEM DURING THE MONTH OF MARCH 1921. From Batik Business Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas C i t y Dallas San F r a n c i s c o 46,745 206,827 55,247 101,501 90,456 87,428 210,372 107,922 47,794 100,959 89,156 180,541 T ot al F. R. Banks Washington 1,324,948 319,007 Grand T o t a l Per c e n t of Total Bank Business (*) 3.53 15.61 4.17 7.66 6.53 6.60 15.88 8.14 3,60 7.62 6.73 13-63 Fiscal Agency Business 7,057 19,715 53,802 76 8 294 19,498 3,494 12,154 4,651 226,618 63,541 120,999 93,950 99,582 215,023 113,441 54,281 111,490 95,414 200,402 2:8? 10,531 6,25s 19,861 76 688 1,448,543 444,854 1,643,955 248,678 764 1,893,397 86.83 13.13 .04 100. Bank B u s i n e s s F i s c a l Agency B u s i n e s s 1,643,955 words or 86.86$ 248,678 • " 13.14# Total 1,892,633 100.00# These p e r c e n t a g e s u s e d i n c a l c u l a t i n g the p r o r a t a share of l e a s e d wire expense a s shown on t h e accompanying s t a t e m e n t . FEDERAL RESERVE BOARD WASHINGTON, D. C. Total 123,519 125,159 Per c e n t of T o t a l (*) War Finance Corp. Business : X-326l-a REVISED REPORT SHOWING CLASSIFICATION AND NUMBER OF WORDS TRANSMITTED OVER MAIN LINE OF THE FEDERAL RESERVE LEASED WIRE SYSTEM DURING THE MONTH OF APRIL 1921. From Bank B u s i n e s s Per c e n t of Total Bank Business ( • ) Fiscal Agency Business 47,223 188,265 51,360 97,078 80,152 76,061 151,642 88,653 41,756 95,933 75,904 151,187 4.12 16.44 4.48 8,48 7.00 6.64 13.24 7.74 3.65 T o t a l F* R» Banks Washington 1,145,214 100.00 299,828 84,183 86,512 Grand T o tal 1,445,042 170,b95 89.433 10.564 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 Per c e n t of T o ta l 13.20 1,445,042 Total 1,615,737 (*) 170,695 " 10.56$ 100.00# These p e r c e n t a g e s used i n c a l c u l a t i n g the p r o r a t a share of l e a s e d wire expense a s shown on t h e accompanying statement FEDERAL RESERVE BOARD WASHINGTON, D* C. Total 52,492 5,269 17,018 7,990 13,530 2,684 5-804 3,265 4,271 4,108 5,429 3,169 11,646 8.38 6.63 Bank B u s i n e s s F i s c a l Agency Business War Finance Corp. Business 205,283 59,350 110,608 82,836 81,865 154,907 92,924 45,864 101,362 79,073 162,833 50 50 .003 1,229,397 386,390 1,615,787 X-326l-a REVISED REPORT SHOWING CLASSIFICATION AMD NUMBER OF WORDS TRANSMITTED OVER MAIN LINE OF THE FEDERAL RESERVE LEASED WIRE SYSTEM DURING THE MONTH OF MAY 1921. From Bank Business Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas C i t y Dallas San F r a n c i s c o 43,414 156,475 48,969 95,880 70,492 79,976 133,658 82,375 40,419 90,739 75,299 136,950 T ot al F. R. Banks Washington 1,054,646 Grand T o t a l Per c e n t of T o t a l Bank B u s i n e s s (*) 4.12 14.84 4.64 9.09 6.69 7-58 12.67 7.81 3-83 8.60 7.14 12.99 100.00 Fiscal Agency Business 5,149 13,622 2,107 10,485 2,777 6,145 3,430 4,086 3,459 5,93§ 2,976 10,245 48,563 507 170,6o4 21 106,386 51,076 73,269 86,121 137,088 86,461 43,878 44 96,675 78,319 147.195 572 1,183 1,125.635 1,333,5# 162,523 1,755 l,*197,864 89.03 10.85 .12 Bank B u s i n e s s F i s c a l Agency Business 1,333,586 words or 89.14% 162,523 « " 10.86% Total 1,496,109 100.00# These p e r c e n t a g e s used i n c a l c u l a t i n g t h e p r o r a t a share of l e a s e d wire expense a s shown on t h e accompanying statement FEDERAL RESERVE BOARD WASHINGTON, D. C. Total 70,417 92,106 278,940 Per c e n t of T o t a l (•) War Finance Corp. Business 372,229 X,326l-a REVISED EETPOBT SHOWING CLASSIFICATION AND NUMBER OF WORDS TRANSMITTED OVER MAIN LINE OF THE FEDERAL RESERVE LEASED WIRE SYSTEM DURING THE MONTH OF JUNE 1921. From Bank B u s i n e s s Boston New York "Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas C i t y Dallas San F r a n c i s c o 49,895 170,086 52,4?U 100,922 79,971 82,393 132,227 89,267 43,466 94,342 74,197 150,539 T o t a l F, R. Banks Washington 1,119,779 Grand T o t a l 1,408,018 288,239 Per c e n t of T o tal Per c e n t of T o t a l Bank Business (*) 4.46 ^69 9.01 7.14 7.36 11.81 7.97 Fiscal Agency Business 8 , ! 49 26,296 9,010 16,840 4,791 11,571 136,566 13.44 18,565 100.00 131,286 333 391 1,251,398 449,975 292,631 17.20 724- 1,701,373 . 6.63 82.76 98,605 50,787 103,541 80,064 5,86? 161,345 Total 1,700.649 100. These p e r c e n t a g e s u s e d i n c a l c u l a t i n g the p r o r a t a share of l e a s e d w i r e expense a s shown on t h e accompanying statement 145 58,044 196,570 61,484 117,907 84,762 93,964 8.42 3.88 1,408,018 words or 82.79$ 292,631 " "-17.21% FEDERAL RESERVE BOARD WASHINGTON, D. C. 188 To t a l U.339 9,338 7,321 9,199 Bank Business F i s c a l Agency B u s i n e s s (*) War Finance Corp. Business 169,104 .04 X-3261-a REVISED REPORT SHOWING CLASSIFICATION AND NUMBER OF WORDS TRANSMITTED OVER MAIN LINE OF THE FEDERAL RESERVE LEASED WIRE SYSTEM DURING- THE MONTH OF JULY 1921. From Bank Business Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas C i t y Dallas San Francisco 56,227 147,152 55,611 79,048 73,646 69,254 143,029 82,081 45,061 81,496 66,405 125,885 Total F.R; Banks Washington 1,024,895 271,858 Grand Total Per cent of Total Bank Business (*) Treasury Dept. Business 8.01 4.39 5,404 9,761 5.133 7,280 5,437 5,526 6,168 6,807 4,269 12.28 4,087 16,540 5.49 14,36 5.43 7.71 7.18 6.76 13.96 100.00 98 61,631 157,062 60,7^4 86,426 79,083 74,780 149,197 88,888 49,330 87,551 70,492 142,425 6,055 247 100 1,107,609 348,614 1,296,753 159,123 347 1,456,223 89.05 10.93 .02 Bank Business Treasury Business 1,296,753 words or 89.07# 159,123 " " 10.93# Total 1,455,876 100.00# These percentages used i n c a l c u l a t i n g the pro r a t a share of leased wire expense a s shewn on the accompanying statement FEDERAL RESERVE BOARD WASHINGTON, D. C. 149 Total 82,467 76,656 Per cent of Total (*) War Finance Corp. Business X-3261-a REVISED REPORT SHOEING CLASSIFICATION AND NUMBER OF WORDS TRANSMITTED OVER M/iIN LINE OF THE FEDERAL RESERVE ~ LEASED WIRE SYSTEM DURING THE MONTH OF AUGUST 1921. From Bank Business Boston New York "Philadelphia Cleveland Richmond Atlanta Chicago St* Louis Minneapolis Kansas C i t y Dallas San F r a n c i s c o 45.813 17^,362 65,137 8k,5*3 76,90k 76,785 154,113 SO,617 Per c e n t of T o t a l Bank B u s i n e s s (*) 4.09 15.58 5-82 7.56 6.87 6.86 13-77 7.20 kg 599 94,4o6 82,045 135,796 4.34 8.44 7.33 12.14 Total F. R. Banks Washington 1,119,120 290,961 100.00 Grand T o t a l 1,410,081 Per c e n t of T o ta l Treasury Dept. Business 6,435 10,490 6,150 8,325 5,692 7,605 6,351 7,488 3,985 5,572 5,U2 15,315 88,105 87,279 151,427 89,984 88,520 1,271 2,425 1,208,911 383,370 178,504 3.696 1,592,281 T ot al 1,588,585 100.00$ These p e r c e n t a g e s u s e d i n c a l c u l a t i n g the p r o r a t a share of l e a s e d wire expenses a s shorn an the accompanying statement 160,464 316 1,410,081 words or 88.76# 178,504 " « 11.24$ FEDERAL RESERVE BOARD WASHINGTON, D. C. 52,248 184,8§2 71,287 92,868 82,668 85,032 52,656 100,025 Bank Business Treasury Business (*) 72 642 To t a l 72 47 122 11.21 88.55 War Finance Corp. Business .24 REVISED REPORT OF EXPENSE MAIN LINE FEDERAL RESERVE LEASED WIRE SYSTEM JANUARY, 1921. Name of Bank Operators' Salaries Boston $ 240.00 New York 700.00 Philadelphia 225.00 Cleveland 500.00 Richmond 295.00 240.00 Atlanta Chi cago (#)4,514.58 St, Louis 300.00 Minneapolis 258.34 Kansas City 215.00 166,66 Dallas Ban F r a n c i s c o 215.00 Operators Overtime $ . _ «•» » 3.00 - 2.67 7.75 Wire Rental $ - (*>50.00 - - - - - 7,693.63 Fed, Res. Board Total 1 $7,869.58 $13.42 $7,743.63 Total Expense Pro r a t a Share of Total Expense Credits r $ $ 240.00 700.00 225.00 500.00 345.00 240.00 4,517.58 300.00 258.34 217.67 174.41 215.00 543.66 2.146.50 606.15 1,193.54 1,146,66 2,190.25 345.00 240.00 4,517.58 1,265.41 1,254,47 258.34 217.67 174.41 1,387.26 1,188.86 603.02 300.00 215.00 2.096.51 (&)4.32 $7,933.00 I n c l u d e s S a l a r i e s Washington O p e r a t o r s . C u t - i n a t Washington on Richmond-Baltimore c i r c u i t . (A) Amount r e i m b u r s a b l e t o Chicago. (&) Received from War Finance C o r p o r a t i o n c o v e r i n g b u s i n e s s f o r month of December, (**) C r e d i t . FEDERAL RESERVE BOARD WASHINGTON, Payable t o Federal Reserve Board $ 303.66 1.446.50 381.15 693.54 801.68 1,147.26 2,327.33(**) 888.86 344.68 1,047.74 1, 080. C6 1.881.51 7,693.63 $15,622.31 (#) 240.00 700.00 225.00 500.00 X-3261-13 $10,016.64 2,327.33(4) $ 7,689.31 REVISED REPORT OF EXPENSE MAIN LINE FEDERAL RESERVE LEASED WIRE SYSTEM FEBRUARY, 1921. Name of Bank Operators 1 Salaries Boston $ 240.00 New York 692.33 Philadelphia 225.00 Cleveland 500.00 Richmond 300,00 Atlanta 240.00 Chicago (#84,640.34 S t , Louis 300,00 Minneapolis 256.34 Kansas City 320.00 Dallas 166,66 San F r a n c i s c o 215.00 Operators' Overtime $ 20.00 $8,097,67 Total Expense 240.00 712.33 (*)50.00 225.00 500.00 350.00 240.00 4,640.34 300.00 258.3% 320.00 168.63 1,97 Fed. Res, Board Total Wire Rental $21.97 215.00 7,846.58 7,846.58 $7,896.58 $16, 016.22 (6)24.71 pro r a t a Share of Total Expense $ Credits 591.69 2,401.92 644.46 1,258.53 1,170.58 l,3b7.27 & 240.00 712.33 1,269.73 625.27 f . 76 1,197. 300.00 225.00 500.00 350.00 240.00 4,640.34 2,238.81 258.34 320.00 1,138.60 2,086.89 $15, 991.51 168.63 215.00 $8,169.64 $15,991.51 (#) (*) (A) (&) (**) I n c l u d e s s a l a r i e s Washington o p e r a t o r s . C u t - i n a t Washington on Richmond-Baltimore c i r c u i t . Amount r e i m b u r s a b l e t o Chicago. Received from War Finance Corporation covering b u s i n e s s f o r month of January. Creitt. FEDERAL RESERVE BOARD W/SHINGTON, D. C. t-32 6l-b Payable t o Federal Reserve Board $ 351.69 1,689.59 419.46 758.53 820.58 1,127.27 1,401.53 (**) 969.73 666.93 877.76 969.97 671.89 $9,223.40 1,401.53(A) $7,821.87 REVISED REPORT OF EXPENSE MAIN LINE FEDERAL RESERVE LEASED WIRE SYSTEM MARCH, 1921. Name of Bank Operators1 Salaries $ 240.00 Boston New York 868.30 Philadelphia 225.00 Cleveland 500.00 Richmond 300.00 Atlanta 240.00 Chicago (#>4,659.54 S t . Louis 300.00 Minneapolis 258.34 Kansas C i t y 290.00 166.66 Dallas San Francisco 215.00 Extra compensation Operators' Overtime $ $ — — 402.75 198,00 «. - - - Wire Rental - (*)50.00 - - - .85 - 7,834.63 $8,262.84 $ .85 $600.75 $ 240.00 1,271.05 225.00 698.00 350.00 240.00 4,659.54 300.00 - Fed. Res. Board Total $ Pro r a t a Share of Total Total Ejcptifcee Expense 258.34 290.00 1&7.51 $ 590.89 2,612.96 698.02 1,282.20 1,143.27 1,104.77 2,658.15 1,362.55 602,60 $ 240,00 1,271.05 225,00 698.OO 350.00 240.00 4,659.54 300,00 258.34 290.00 I67.5I . 07 $16,738.97 (&)10.10 $8,914.44 215.00 2.281.52 215.00 Payable t o Federal Reserve Board $ 350.89 1,341.91 473.02 584.20 793.27 864.77 2,00l.39(*») 985.51 • 959.ce 2,066,52 7,834.63 I n c l u d e s s a l a r i e s Washington o p e r a t o r s . C u t - i n a t Washington on Richmond-Baltimore c i r c u i t . Amount r e i m b u r s a b l e t o Chicago. Received from War Finance Corporation covering b u s i n e s s f o r month of February. Credit. FEDERAL RESERVE BOARD WASHINGTON, D. C. Credits 1.275.51 1,126.53 $16,738.97 (#) (*) (A) (&•) (**) x~326l-t $9,825.92 2,001.39(A) $7,824.53 REVISED REPORT OF EXPENSE; MAIN LINE FEDERAL RESERVE LEASED WIRE SYSTEM APRIL 1921. Name of Bank Operators' Salaries Boston $ 240.00 New York 889.30 Philadelphia 225.00 Cleveland 508.00 Ri chmond 300.00 Atlanta 240.00 Chicago (#)4,858.22 S t . Louis 300.00 Minneapolis 258.34 Kansas City 290.00 Dallas 166,66 San F r a n c i s c o 215.00 Operators' Overtime Wire Rental Total Expense Pro r a t a Share of lotal Expense $ $ $ $ - — - «* * $8,490.52 (*)50.00 — - — - W - - - m. • 28 - - - Fed, Res, Board Total - - $ .28 240.00 889.30 225.00 508.00 350.00 240.00 4,858.22 300.00 258.34 290.00 166.94 215.00 7,834.63 7,834.63 $7,884.63 $16,375.43 674.37 2,690.92 733.29 1,388.01 1,145.77 1,086.84 2,167.14. 1,266.89 597.44 1,371.65 1,085.20 2,160.59 $16,368.11 $16,368.11 (#) (*) (A) (&) (**) I n c l u d e s s a l a r i e s Washington o p e r a t o r s . C u t - i n a t Washington on Richmond•Baltimore c i r c u i t , Amount reimbursable t o Chicago, Received from War Finance Corporation covering b u s i n e s s f o r month of March. Credit. FEDERAL RESERVE BOARD WASHINGTON, D. C. X-326l-b Credits Payable t o Federal Reserve Board $ $ 240.00 889.30 225.00 508.00 . 350.00 • 240.00 4,858.22 300.00 258.34 290.00 . 166,94 215.00 $8,540.80 434.37 1,801.62 508.29 880.01 795.77 846.84 2,691.08(**) 966.89 339.10 1, 081.65 918.26 1,945,59 $10,518.39 ' $ 7,827.31 REVISED REPORT OF EXPENSE MAIN LINE FEDERAL RESERVE LEASED WIRE SYSTEM MAY, 1921, Name of Bank Operators' Salaries Boston $ 240.00 New York 942.97 Philadelphia 225.00 Cleveland 508.00 Richmond 300,00 Atlanta 240.00 Chicago (#)4,914.51 St. Louis 300,00 Minneapolis 258.34 Kansas City 290.00 Dallas 166,66 £>an Francisco 215.00 Operators' Overtime Tire Rental $ $ - 111.00 w mm (*)50,00 — w w w 2.50 (#) (*) (A) (&) (•*) w, «» w 7,834.63 $8,600.48 $113.50 240*00 1,053.97 225.00 508.00 350.00 240.00 4,914,51 300.00 258.34 292,50 166.66 215.00 - Fed. Res. Board Total - Total Expense $7,884,63 Pro r a t a Share of Total Expense Credits $ $ 683.84 2,463,15 770.15 1,508.76 1,110.41 1,258.13 2,102.98 1,296.31 635.71 1,427.44 1,185.10 2,156.09 225.00 508.00 350.00 240.00 4,914.51 300,00 258.34 292.50 166.66 215.00 Payable t o Federal Reserve Board 443.84 1,409.18 545.15 1,000.76 760,41 1,018,13 2,811.53(**) 996.31 377.37 1,134.94 1,018.44 1,941,09 7,834,63 ,54(&) $16,598.07 Includes s a l a r i e s Washington o p e r a t o r s . C u t - i n a t Washington on Richmond-Baltimore c i r c u i t * Amount reimbursable t o Chicago. Received from War Finance Corporation covering b u s i n e s s f o r month of A p r i l . Credit4 FEDERAL RESERVE BOARD WASHINGTON, D. C. 240.00 1,053.97 X-3261-la $10,645.62 2,811.53 U ) $ 7,834*09 fx REVISED REPORT OF EXPENSE MAIN LIME FEDERAL RESERVE LEASED WIRE SYSTEM JUNE, 1921. J • Name of Bank Operators1 Salaries Boston $ 355.20 New York 861.64 Philadelphia 225.00 Cleveland 516,00 Richmond 300.00 Atlanta 240.00 Chicago (#)4,965.8! S t . Louis 300,00 Minneapolis 258.84 Kansas City 290.00 Dallas 166,66 San Francisco 215.00 Operators' Overtime $ 1.00 9.00 214.45 101.25 148.50 Wire Rental $ Total Expense ~ (*)50.oo 304.20 232,50 151.60 Fed. Res. Board Total Extra •-hoop e n sation- 7,834.63 $8,694.1? $10,00 $ 750.22 2,691.35 830.97 1,596.38 1,265.06 1,304.04 2,092.48 1,412.12 687.45 1,491.85 1,174.70 2,381.28 $ 355.20 1,077.09 326.25 664.50 350.00 544.20 4,974.81 300.00 491.34 441$60 166.66 215.00 $17,717.90 $9,906.65 $17,717.90 I n c l u d e s s a l a r i e s Washington o p e r a t o r s , C u t - i n a t Washington on Richmond-Baltimore c i r c u i t . Amount reimbursable t o Chicago. Received from War Finance Corporation c o v e r i n g b u s i n e s s f o r month of May. Credit, FEDERAL RESERVE BOARD WASHINGTON, D, C. Credits Payable t o Federal Reserve Board 435.02 1,614,26 504,72 931.88 915.06 759.84 2,882.33(**) 1,112.12 i96.ll 1,050.25 1,008.04 2,166.28 7,834,63 $ 1 , 1 5 2 . 5 0 $7,884.63 $17,741.28 (&)23.38 . (#) (*) (A) (&) (**) 355.20 1,077.09 326.25 664.50 350.00 544.20 4,974.81 300.00 491.34 441.60 166.66 215.00 Pro r a t a Share of Total Expense X-32 61-1) $10,693.58 2,882,33(^) $ 7,811.25 REVISED REPORT OF EXPENSE MAIN LINE FEDERAL RESERVE LEASED WIRE SYSTEM JULY, 1921. Name of Bank Operators' Salaries Boston $ 240.00 New York 869.98 Philadelphia 225.00 Cleveland 516.00 Richmond 300.00 Atlanta 240.00 Chicago (#>4,821.98 S t . Louis 300.00 Minneapolis 275.00 Kansas City 310.00 Dallas 170.00 San F r a n c i s c o 215.00 Operators 1 Overtime $ (*>50.00 (#) (*) (a) (&) (**) 240.00 935.98 225,00 516.00 350.00 1.00 240.00 4,822.98 48.40 275.00 358 > 0 300.00 170.00 215,00 15,540.73 $8,482,96 Total Expense $ 66.00 Fed. Res. Board Total Wire Rental $115.40 $15,590.73 Pro r a t a Share of Total Expense $ 1,327.51 3,472.31 1,313.00 1,864.31 1,736.15 1,634,60 3,375.59 1.936.85 1,061.52 1.922.34 1,566.89 2.969.35 Credits $ 240.00 935-98 225.00 516.00 350.00 240.00 4,822.98 300.00 275.00 358.40 170.00 215.00 Payable to Federal Reserve Board $ 1,087.51 2,536.33 1,088.00 1,348.31 1,386.15 1,394.60 1,447.39(**) 1,636.85 786,52 1.563.94 1,396.89 2,754.35 15,540.73 $24,189.09 $24,180.42 8.67(&) $24,180.42 Includes s a l a r i e s Washington Operators. C u t - i n a t Washington on Richmond-Baltimore C i r c u i t . Amount reimbursable to Chicago. Received from War Finance Corporation covering b u s i n e s s f o r month of June, Credit, FEDERAL RESERVE BOARD WASHINGTON, D. C. X-326l-b $8,648.36 $16,979.45 1.447.39(a) $15,532.06 HEVISED REPORT OF EXPENSE MAIN LINE FEDERAL RESERVE LEASED WIRE SYSTEM AUGUST, 1921. Name of Bank Operators' Salaries Boston $ 240.00 New York 789-98 Riiladelphia 225.00 Cleveland 524.00 Richmond 300.00 Atlanta 240.00 Chicago (#>4,764.67 S t . Louis 300.00 Minneapolis 275.00 Kansas City 310.00 Dallas 170.00 San F r a n c i s c o 215.00 Operators 1 Overtime $ 150.00 (#) (*) (&) (a) (**) $ - — (*)50.00 — - - - - - - — w - Fed. Res. Board Total Wire Rental 15,526.38 $8,353.65 $150.00 $15,576.38 Total Expense Pro r a t a Share of Total Expense $ $ 240.00 939-98 225.00 524.00 350.00 240.00 4,764.67 300.00 275.00 310.00 170.00 215.00 984.75 3,751.21 1,401.28 1,820,23 1,654.09 1,651.69 3,315-41 1,733.55 1,0M4.94 2,032.10 1,764.85 2,922.95 Credits Payable to Federal Reserve Board $ $ 240.00 939.98 225.00 524.00 350.00 240.00 4,764.6? 300.00 275.00 310.00 170.00 215.00 744.75 2,811.23 1,176.28 1,296.23 1,304.09 1,411.69 (**>1,449.26 1,433.55 769.9% 1,722.10 1,59^.85 2,707.95 15,526.38 $24,080.03 $24,077.05 2.98(a) $24,077.05 I n c l u d e s s a l a r i e s Washington O p e r a t o r s . C u t - i n a t Washington on Richmond-Bdl time re C i r c u i t , Amount r e i m b u r s a b l e to Chicago. Received from War Finance Corporation c o v e r i n g b u s i n e s s f o r month of J u l y . Credit. FEDERAL RESERVE BOARD WASHINGTON, D. C. X-326l-b $8,553.65 $16,972.66 1.449,2b(&) $15,523.40