frsbog_mim_v15_1298.pdf

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FEDERAL RESERVE BOARD WASHINGTON December 6, 1921. X-3261 SUBJECT: Revised Statements of Expense Federal Reserve Leased Wire System, January to August, inclusive, 1921. Dear Sir: The Federal"Reserve Board has been advised by the Federal Reserve Bank of Atlanta that in the Bank's reports t© the Board (Form 30C6-a), "Statement of Expense, Leased Wire System," for the months of January to August, inclusive, 1921# i t has been reporting as main line business a considerable volume of business each month which vvaa not handled over the main line, but exclusively on branch line wires. It is on the basis of the Banks' reports of t h e i r volume of main line business that assessment is made Upon them each month by the Board to cover expense of operating the main line leased wire system. A$ a result of t h e erroneous reports rendered by the Atlanta Bank, the assessments made by the Board fot the months of January to August, inclusive, were not computed on the true basis - Atlanta*s pro rata payments being greater than would have been the case had it been assessed on i t s actual main line business, and the amounts paid by the other Banks correspondingly less. Corrected reports for the period have been furnished by the Federal Reserve bank of Atlanta and the Board has re-figuredk its assess- ments and i s enclosing corrected statements herewith, (X-326la and X~32olb). In order that the Federal Reserve Bank of Atlanta may be reimbursed in the amount of i t s over-payments, all other Federal Reserve Banks are being requested to remit direct to the Atlanta Bank the difference between the amounts paid by them as their pro rata shares of the cost of t h e operation of the main line leased wire system for the months of January to August, inclusive, and the amounts of their pro rata shares as shown by theeficlosed corrected statements. The t o t a l amount due from your Bank i s $ which should be remitted direct to the Federal Reserve Bank of Atlanta, advice of t h e remittance being sent to the Board. Very truly yours, Governor. SENT ALL GOVERNORS OF F. R. BANKS EXCEPT ATLANTA. Enclosures. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Transcript of frsbog_mim_v15_1298.pdf

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FEDERAL RESERVE BOARD WASHINGTON

December 6, 1921. X-3261

SUBJECT: Revised S ta tements of Expense Fede ra l Reserve Leased Wire System, January t o August, i n c l u s i v e , 1921.

Dear S i r :

The Federa l "Reserve Board has been adv i sed by the Federa l Reserve Bank of A t l a n t a t h a t i n t h e Bank ' s r e p o r t s t© t h e Board (Form 30C6-a), "Sta tement of Expense, Leased Wire System," f o r t h e months of January t o August, i n c l u s i v e , 1921# i t ha s been r e p o r t i n g as 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 not handled over t h e main l i n e , bu t e x c l u s i v e l y on branch l i n e w i r e s . I t i s on t h e b a s i s of the 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 assessment i s made Upon them each month by t h e Board t o cover 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 sys tem. 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 rendered by t h e A t l a n t a Bank, t h e assessments made by t h e Board f o t t h e months of January t o August, i n c l u s i v e , were n o t computed on the 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 pa id by t h e o t h e r Banks co r re spond ing ly l e s s .

Cor rec ted r e p o r t s f o r t h e pe r iod have been f u r n i s h e d by t h e Federa l Reserve bank of A t l a n t a and t h e Board has 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 he rewi th , (X-326la and X~32olb). In o rder t h a t t h e Federa l Reserve 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 Federa l Reserve Banks a r e be ing r e q u e s t e d t o r emi t d i r e c t t o the 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 the cos t of t h e o p e r a t i o n of t h e main l i n e l e a s e d w i r e system f o r t h e months of January t o August, i n c l u s i v e , and t h e amounts of t h e i r p ro r a t a s h a r e s a s shown by theef ic losed

c o r r e c t e d s t a t e m e n t s . The t o t a l amount due from your Bank i s $ which

should be r e m i t t e d d i r e c t t o the Federa l Reserve Bank of A t l a n t a , advice of t h e r e m i t t a n c e being sen t to t h e Board.

Very t r u l y your s ,

G o v e r n o r .

SENT ALL GOVERNORS OF F. R. BANKS EXCEPT ATLANTA.

E n c l o s u r e s .

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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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.

From

Boston New York Ph i l ade lph i a Cleveland Richmond A t l a n t a Chicago S t . Louis Minneapolis Kansas Ci ty Da l las San Francisco

Total F . R. Banks

Washington

Grand Tota l

"Per cent of Total

Bank Business

**9,153 194,038

5%,823 108,004 103,758 125,Ug2 197,966 107,571

54,615 114,480 113,475 189,551

1,412,916 262.558

1,675,474

85.33

Bank Business F i s c a l Agency Business

Tota l

Per cent of Total Bank Business( *)

F i s c a l Agency Business

War Finance Corp. Business

3 .48 13.74 3.88 7.64 7.34 8.88

14.02 7.61 3-86 8.10 8.03

13.42

7,558 33,667

6,155 15,766

3 ,326 8,856

l 4 , l 4 o 5,636 8,658 8,489 5 ,441

17,852

1,961,681 100.00#

{*) These percen tages 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 eased wire expense as shown on the accompanying statement

227

75

257

100.00% 135,543 559 150,664 1,207

286,207 1,766

14.58 .09

1,675,474 words or 8 5 . 4 l # 286,207 " " 14.59

Total

56,711 227,932 60.973

123,770 107,083 134,413 212,106 113,207

63,273 122,969 119,173 207.403

1,549,016 414,429

1,963.447

FEDERAL RESERVE BOARD WASHINGTON, D. C.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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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

Per cent of Total Bank Business (*)

F i s c a l War Agency Finance Corp. Business Business Total

Boston New York Ph i l ade lph i a Cleveland Richmond At l an t a Chicago S t . Louis Minneapolis Kansas Ci ty Dal las San Francisco

44,351 179,85*

4s,?47 94,264 87,632

102,-*64 167,706 95,113 4o,867 39,665 85,226

156,288

3-70 15.02

4.03 7.87 7.32 3.55

i 4 . o o 7-94 3 . 9 i 7.49 7.12

13.05

5,923 21,124

5,272 11,196

4,089 6,663 5,933 3 ,752 4,230 5,446 3,011

10,119

96

2g

92

50,274 201,07S 53,519

105,460 91,74?

173:639 98,865 51,097 95,111 88,329

166,407

Total F. R. Banks

Washington

Grand Tota l

Per cent of Total

1 ,197,581 252,317

1,449,898

88.91

Bank Business F i s c a l Agency Business

Total

100.00# • 86,758 93,619

180,377

11.06 1,449,898 words or 88.94$

180,377 " " 11.06

216 326

542

'03

1,630,817

1,630,275 100.00#

( • ) These percen tages used in c a l c u l a t i n g the pro r a t e share of l eased wire expense as shown on the accompanying s ta tement .

FEDERAL RESERVE BOARD WASHINGTON, D. C„

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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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

Per cent of F i s c a l Total Bank Agency Business (*) Business

War Finance Corp. Business Total

Boston New York P h i l a d e l p h i a Cleveland Richmond At lan ta Chicago S t . Louis Minneapolis Kansas Ci ty Da l las San Francisco

46,745 206,827

55,247 101,501 90,456 87,428

210,372 107,922

47,794 100,959

89,156 180,541

3.53 15.61

4.17 7.66 6.53 6.60

15.88 8.14 3,60 7.62 6.73

13-63

7,057 19,715

8 294 19,498 3,494

12,154 4,651

2:8? 10,531

6,25s 19,861

76 53,802

226,618 63,541

120,999 93,950 99,582

215,023 113,441

54,281 111,490

95,414 200,402

Total F. R. Banks

Washington

Grand Tota l

Per cen t of Tota l

1,324,948 319,007

1,643,955

86.83

Bank Business F i s c a l Agency Business

Tota l

100. 123,519 76 125,159 688 248,678 764

13.13 .04

1,643,955 words or 86.86$ 248,678 • " 13.14#

1,892,633 100.00#

1,448,543 444,854

1,893,397

(*) These percentages used in c a l c u l a t i n g the p ro r a t a share of l eased wire expense as shown on the accompanying s ta tement .

FEDERAL RESERVE BOARD WASHINGTON, D. C.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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:

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 Business

Per cent of Total Bank Business ( • )

Boston 47,223 4 .12 New York 188,265 16.44 P h i l a d e l p h i a 51,360 4.48 Cleveland 97,078 8,48 Richmond 80,152 7.00 At l an t a 76,061 6.64 Chicago 151,642 13.24 S t . Louis 88,653 7.74 Minneapolis 41,756 3 .65 Kansas City 95,933 8.38 Dal l a s 75,904 6.63 San Franc isco 151,187 13.20

Tota l F* R» Banks 1,145,214 100.00

Washington 299,828

Grand Total 1,445,042

Per cen t of Total 89.433 Bank Business 1,445,042 F i s c a l Agency Business 170,695

F i s c a l Agency Business

War Finance Corp. Business Tota l

5,269 17,018

7,990 13,530

2 ,684 5-804 3,265 4 ,271 4,108 5,429 3,169

11,646

84,183 86,512

170,b95

10.564

Total 1,615,737

" 10.56$

100.00#

50

50 .003

52,492 205,283

59,350 110,608

82,836 81,865

154,907 92,924 45,864

101,362 79,073

162,833

1,229,397 386,390

1,615,787

(*) These pe rcen tages used in c a l c u l a t i n g the pro r a t a share of l eased wire expense as shown on the accompanying statement

FEDERAL RESERVE BOARD WASHINGTON, D* C.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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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.

Per cent of Total Bank

F i s c a l Agency

War Finance Corp.

From Bank Business Business (*) Business Business

Boston 43,414 4 .12 5,149 New York 156,475 14.84 13,622 507 P h i l a d e l p h i a 48,969 4.64 2,107 Cleveland 95,880 9.09 10,485 21 Richmond 70,492 6.69 2,777 A t l a n t a 79,976 7-58 6,145 Chicago 133,658 12.67 3,430 S t . Louis 82,375 7 .81 4 ,086 Minneapolis 40,419 3-83 3,459 Kansas Ci ty 90,739 8.60 5,93§ Da l l a s 75,299 7.14 2,976 44 San Franc isco 136,950 12.99 10,245

Total F. R. Banks 1,054,646 100.00 70,417 572

Washington 278,940 92,106 1,183

Grand Tota l 1 , 3 3 3 , 5 # 162,523 1,755

Per cen t of Tota l 89.03 10.85 .12

Bank Bus iness 1,333,586 words or 89.14% F i s c a l Agency Business 162,523 « " 10.86%

Total

48,563 170,6o4

51,076 106,386

73,269 86,121

137,088 86,461 43,878 96,675 78,319

147.195

1,125.635 372,229

l,*197,864

Total 1,496,109 100.00#

( • ) These pe rcen tages used in c a l c u l a t i n g the pro r a t a share of leased wire expense as shown on the accompanying statement

FEDERAL RESERVE BOARD WASHINGTON, D. C.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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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 Business

Per cen t of Total Bank Business (*)

F i s c a l Agency Business

War Finance Corp. Business Total

Boston New York "Philadelphia Cleveland Richmond At l an t a Chicago S t . Louis Minneapolis Kansas Ci ty Dal las San Franc isco

Tota l F, R. Banks

Washington

Grand Tota l

Per cent of Total

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

1,119,779 288,239

1,408,018

82.76

4.46

^ 6 9 9.01 7.14 7.36

11.81 7.97 3.88 8 .42

. 6.63 13.44

100.00

8 , ! 49 26,296 9,010

16,840 4,791

11,571 U.339 9,338 7,321 9,199 5,86?

18,565

131,286 161,345

292,631 17.20

188

145

333 391

724-

.04

58,044 196,570

61,484 117,907

84,762 93,964

136,566 98,605 50,787

103,541 80,064

169,104

1,251,398 449,975

1,701,373

Bank Business F i s c a l Agency Business

1,408,018 words or 82.79$ 292,631 " " - 1 7 . 2 1 %

Total 1,700.649 100.

(*) These percentages used i n c a l c u l a t i n g the pro r a t a share of l e a sed wire expense a s shown on the accompanying statement

FEDERAL RESERVE BOARD WASHINGTON, D. C.

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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

Per cent of Total Bank Business (*)

Treasury Dept. Business

War Finance Corp. Business Total

Boston New York Ph i l ade lph ia Cleveland Richmond At lanta Chicago St. Louis Minneapolis Kansas Ci ty 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

5.49 14,36

5.43 7.71 7.18 6.76

13.96 8.01 4.39

12.28

5,404 9,761 5.133 7,280 5,437 5,526 6,168 6,807 4,269 6,055 4,087

16,540

149

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

Total F.R; Banks

Washington 1,024,895

271,858 100.00 82,467

76,656 247 100

1,107,609 348,614

Grand Total 1,296,753 159,123 347 1,456,223 Per cent of Total 89.05 10.93 .02

Bank Business Treasury Business

1,296,753 words 159,123 "

or 89.07# " 10.93#

Total 1,455,876 100.00#

(*) These percentages used in ca l cu l a t i ng the pro r a t a share of leased wire expense as shewn on the accompanying statement

FEDERAL RESERVE BOARD WASHINGTON, D. C.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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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

Per cent of Tota l Bank Business (*)

Treasury Dept. Business

War Finance Corp. Business Total

Boston New York "Philadelphia Cleveland Richmond At l an t a Chicago St* Louis Minneapolis Kansas C i ty Dal las San Francisco

Total F. R. Banks

Washington

Grand Tota l

Per cent of Total

Bank Business Treasury Business

45.813 17^,362

65,137 8k,5*3 76,90k 76,785

154,113 SO,617 kg 599 94,4o6 82,045

135,796

1,119,120 290,961

1,410,081

88.55

4.09 15.58

5-82 7.56 6.87 6.86

13-77 7.20 4.34 8 .44 7.33

12.14

100.00

6,435 10,490 6,150 8,325 5,692 7,605 6,351 7,488 3 ,985 5,572 5 , U 2

15,315

88,520 89,984

178,504

11.21

72 642

72 47

122 316

1,271 2,425

3.696

.24

52,248 184,8§2

71,287 92,868 82,668 85,032

160,464 88,105 52,656

100,025 87,279

151,427

1,208,911 383,370

1,592,281

1,410,081 words or 88.76# 178,504 " « 11.24$

Total 1,588,585 100.00$

(*) These percentages used i n c a l c u l a t i n g the pro r a t a share of l eased wire expenses as shorn an the accompanying statement

FEDERAL RESERVE BOARD WASHINGTON, D. C.

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REVISED REPORT OF EXPENSE MAIN LINE

FEDERAL RESERVE LEASED WIRE SYSTEM JANUARY, 1921. X - 3 2 6 1 - 1 3

Name of Bank Opera to r s ' S a l a r i e s

Opera tors 1

Overtime Wire Rental

Tota l Expense

Pro r a t a Share of Total Expense C r e d i t s

Payable t o Federal Reserve Board

Boston $ 240.00 $ - $ -New York 700.00 - -P h i l a d e l p h i a 225.00 . _ -Cleveland 500.00 «•»

Richmond 295.00 » (*>50.00 A t l a n t a 240.00 -Chi cago (#)4 ,514 .58 3.00 -St , Louis 300.00 - -Minneapolis 258.34 -Kansas City 215.00 2.67 -

Dal las 166,66 7.75 -Ban Franc isco 215.00 -

Fed, Res. Board 7,693.63 Total $7,869.58 $13.42 $7,743.63

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

7,693.63

$ 543.66 2 .146 .50

606.15 1 ,193.54 1 ,146 ,66 1,387.26 2,190.25 1,188.86

603.02 1,265.41 1 ,254,47 2.096.51

$ 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

$ 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

(&)4.32 $15,622.31

$7,933.00 $10,016.64 2 ,327.33(4)

$ 7,689.31 (#)

(A) (&)

Inc ludes S a l a r i e s Washington Opera tors . Cu t - in a t Washington on Richmond-Baltimore c i r c u i t . Amount re imbursable t o Chicago. Received from War Finance Corpora t ion cover ing bus ines s f o r month of December,

(**) C r e d i t .

FEDERAL RESERVE BOARD WASHINGTON,

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REVISED REPORT OF EXPENSE MAIN LINE

FEDERAL RESERVE LEASED WIRE SYSTEM FEBRUARY, 1921. t-32 6l-b

Name of Bank Operators 1

S a l a r i e s Opera to rs ' Overtime

Wire Rental

Total Expense

pro r a t a Share of Total Expense C r e d i t s

Payable t o Federal Reserve Board

Boston New York Ph i l ade lph i a Cleveland Richmond At lan ta Chicago St , Louis Minneapolis Kansas City Da l las San Francisco

$ 240.00 692.33 225.00 500.00 300,00 240.00

(#84,640.34 300,00 256.34 320.00 166,66 215.00

$ -20.00

(*)50.00

1,97

Fed. Res, Board

240.00 712.33 225.00 500.00 350.00 240.00

4,640.34 300.00 258.3% 320.00 168.63 215.00

7,846.58 7,846.58

$ 591.69 2,401.92

644.46 1,258.53 1,170.58 l ,3b7 .27 2,238.81 1,269.73

625.27 f . 76

1,138.60 1,197.

2,086.89

& 240.00 712.33 225.00 500.00 350.00 240.00

4 ,640.34 300.00 258.34 320.00 168.63 215.00

$ 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

Total $8,097,67 $21.97 $7,896.58 $16, 016.22 $15, 991.51 (6)24.71

$15,991.51

$8,169.64 $9,223.40 1,401.53(A)

$7,821.87

(#) Inc ludes s a l a r i e s Washington ope ra to r s . (*) Cut - in a t Washington on Richmond-Baltimore c i r c u i t . (A) Amount re imbursable t o Chicago. (&) Received from War Finance Corporat ion covering bus iness fo r month of January. (**) C r e i t t .

FEDERAL RESERVE BOARD W/SHINGTON, D. C.

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REVISED REPORT OF EXPENSE MAIN LINE

FEDERAL RESERVE LEASED WIRE SYSTEM MARCH, 1921. x~326l-t

Opera tors 1 Operators ' Name of Bank S a l a r i e s Overtime s a t i o n

Boston $ 240.00 $ $ -New York 868.30 — 402.75 Ph i l ade lph i a 225.00 -Cleveland 500.00 — 198,00 Richmond 300.00 -A t l a n t a 240.00 «. -

Chicago (#>4,659.54 S t . Louis 300.00 - -Minneapolis 258.34 -Kansas Ci ty 290.00 - -

Dal l a s 166.66 .85 San Francisco 215.00 -

Fed. Res. Board

Total $8 ,262 .84 $ .85 $600.75

Pro r a t a Ex t ra Share of compen- Wire Total Total

Rental Ejcptifcee Expense Cred i t s

Payable t o Federal Reserve Board

$ - $ 240.00 1,271.05

225.00 698.00

(*)50.00 350.00 240.00

4,659.54 300.00 258.34 290.00

- 1&7.51 215.00

7,834.63 7,834.63

$ 590.89 2,612.96

698.02 1,282.20 1,143.27 1,104.77 2,658.15 1,362.55

602,60 1.275.51 1,126.53 2.281.52

$ 240,00 1,271.05

225,00 698.OO 350.00 240.00

4,659.54 300,00 258.34 290.00 I67 .5 I 215.00

$ 350.89 1 ,341.91

473.02 584.20 793.27 864.77

2 ,00 l .39(*»)

985.51 • 959.ce 2,066,52

. 07 (&)10.10

$16,738.97

$16,738.97 $8,914.44 $9,825.92 2,001.39(A)

$7,824.53

(#) Includes s a l a r i e s Washington ope ra to r s . (*) Cut - in a t Washington on Richmond-Baltimore c i r c u i t . (A) Amount re imbursable t o Chicago. (&•) Received from War Finance Corporat ion covering bus iness f o r month of February. (**) Cred i t .

FEDERAL RESERVE BOARD WASHINGTON, D. C.

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REVISED REPORT OF EXPENSE; MAIN LINE

FEDERAL RESERVE LEASED WIRE SYSTEM APRIL X-326l-b

1921.

Pro r a t a Payable t o Share of Federal

Opera tors ' Opera to rs ' Wire Total l o t a l Reserve Name of Bank S a l a r i e s Overtime Rental Expense Expense Cred i t s Board

Boston $ 240.00 $ $ - $ 240.00 $ 674.37 $ 240.00 $ 434.37 New York 889.30 - 889.30 2,690.92 889.30 1,801.62 P h i l a d e l p h i a 225.00 - — 225.00 733.29 225.00 508.29 Cleveland 508.00 - « * 508.00 1,388.01 508.00 880.01 Ri chmond 300.00 * (*)50.00 350.00 1,145.77 . 350.00 795.77 A t l a n t a 240.00 — 240.00 1,086.84 • 240.00 846.84 Chicago (#)4,858.22 - — 4,858.22 2,167.14. 4 ,858.22 2,691.08(**) S t . Louis 300.00 - W 300.00 1 ,266.89 300.00 966.89 Minneapolis 258.34 - - 258.34 597.44 258.34 339.10 Kansas City 290.00 - m. 290.00 1,371.65 290.00 1, 081.65 D a l l a s 166,66 • 28 - 166.94 1,085.20 . 166,94 918.26 San Francisco 215.00 - - 215.00 2,160.59 215.00 1 ,945,59

Fed, Res, Board 7,834.63 7,834.63

Tota l $8,490.52 $ .28 $7,884.63 $16,375.43 $16,368.11 $8,540.80 $10,518.39 '

$16,368.11

(#) Inc ludes s a l a r i e s Washington opera to r s . (*) Cut - in a t Washington on Richmond•Baltimore c i r c u i t , (A) Amount reimbursable t o Chicago, (&) Received from War Finance Corporat ion covering bus iness fo r month of March. (**) C r e d i t .

$ 7,827.31

FEDERAL RESERVE BOARD WASHINGTON, D. C.

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REVISED REPORT OF EXPENSE MAIN LINE

FEDERAL RESERVE LEASED WIRE SYSTEM MAY, X-3261-la

1921,

Operators ' Opera tors ' Ti re Name of Bank S a l a r i e s Overtime Rental

Boston $ 240.00 $ - $ -New York 942.97 111.00 -Phi lade lphia 225.00 w

Cleveland 508.00 mm

Richmond 300,00 (*)50,00 Atlanta 240.00 — Chicago (#)4,914.51 w

St. Louis 300,00 w

Minneapolis 258.34 w w,

Kansas City 290.00 2 .50 «»

Dallas 166,66 w

£>an Francisco 215.00 -

Fed. Res. Board 7,834.63

Total $8,600.48 $113.50 $7,884,63

Total Expense

Pro r a t a Share of Total Expense Cred i t s

Payable to Federal Reserve Board

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

7,834,63

$ 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

$ 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

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

,54(&) $16,598.07

$10,645.62 2,811.53 U )

$ 7,834*09

(#) Includes s a l a r i e s Washington o p e r a t o r s . (*) Cut- in a t Washington on Richmond-Baltimore c i r c u i t * (A) Amount reimbursable t o Chicago. (&) Received from War Finance Corporat ion covering bus iness fo r month of Apr i l . (•*) Credit4

FEDERAL RESERVE BOARD WASHINGTON, D. C.

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f x

J •

REVISED REPORT OF EXPENSE MAIN LIME

FEDERAL RESERVE LEASED WIRE SYSTEM JUNE, 1921. X-32 61-1)

Name of Bank Opera tors 1

S a l a r i e s Opera tors ' Overtime

Ext ra •-hoop en- Wire Total s a t i o n - Rental Expense

Pro r a t a Share of Total Expense Cred i t s

Payable to Federal Reserve Board

Boston New York Ph i l ade lph i a Cleveland Richmond At l an t a Chicago S t . Louis Minneapolis Kansas City Da l las San Francisco

$ 355.20 $ -861.64 1 .00 225.00 516,00 300.00 240.00

(# )4 ,965 .8 ! 9 .00 300,00 258.84 290.00 166,66 215.00

214.45 101.25 148.50

304.20

232,50 151.60

$ ~

(*)50.oo

355.20 $ 750.22 $ 355.20 1,077.09 2,691.35 1,077.09

326.25 830.97 326.25 664.50 1,596.38 664.50 350.00 1,265.06 350.00 544.20 1 ,304.04 544.20

4,974.81 2 ,092.48 4,974.81 300.00 1 ,412.12 300.00 491 .34 687.45 491.34 441.60 1,491.85 441$60 166.66 1 ,174.70 166.66 215.00 2,381.28 215.00

Fed. Res. Board

Total

7 ,834.63 7,834,63

435.02 1,614,26

504,72 931.88 915.06 759.84

2,882.33(**) 1,112.12

i 9 6 . l l 1,050.25 1,008.04 2,166.28

$8 ,694 .1? $10,00 $1,152.50 $7 ,884 .63 $17,741 .28 $17,717.90 $9,906.65 (&)23.38

. $17,717.90

$10,693.58 2 ,882,33(^)

$ 7 ,811.25

(#) Includes s a l a r i e s Washington ope ra to r s , (*) Cut- in a t Washington on Richmond-Baltimore c i r c u i t . (A) Amount reimbursable t o Chicago. (&) Received from War Finance Corporat ion covering bus iness f o r month of May. (**) Cred i t ,

FEDERAL RESERVE BOARD WASHINGTON, D, C.

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REVISED REPORT OF EXPENSE MAIN LINE

FEDERAL RESERVE LEASED WIRE SYSTEM JULY, 1921. X-326l-b

Name of Bank Operators ' Sa la r i e s

Operators1

Overtime Wire Rental

Total Expense

Pro r a t a Share of Total Expense Credi ts

Payable to Federal Reserve Board

Boston New York Ph i l ade lph ia Cleveland Richmond At l an t a Chicago St . Louis Minneapolis Kansas City Dal las San Francisco

$ 240.00 869.98 225.00 516.00 300.00 240.00

(#>4,821.98 300.00 275.00 310.00 170.00 215.00

$ 66.00

1 .00

48.40

$

(*>50.00

240.00 935.98 225,00 516.00 350.00 240.00

4,822.98 300.00 275.00 358 > 0 170.00 215,00

$ 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

$ 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

$ 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

Fed. Res. Board 15,540.73 15,540.73

Total $8,482,96 $115.40 $15,590.73 $24,189.09 $24,180.42 $8,648.36 $16,979.45 8.67(&) 1.447.39(a)

$24,180.42 $15,532.06

(#) Includes s a l a r i e s Washington Operators. (*) Cut - in a t Washington on Richmond-Baltimore C i r c u i t . ( a ) Amount reimbursable to Chicago. (&) Received from War Finance Corporation covering bus iness f o r month of June, (**) Cred i t ,

FEDERAL RESERVE BOARD WASHINGTON, D. C.

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HEVISED REPORT OF EXPENSE MAIN LINE

FEDERAL RESERVE LEASED WIRE SYSTEM AUGUST, 1921. X-326l-b

Pro r a t a Payable to Share of Federal

Opera tors ' Operators 1 Wire Tota l Total Reserve Name of Bank S a l a r i e s Overtime Rental Expense Expense Cred i t s Board

Boston $ 240.00 $ - $ - $ 240.00 $ 984.75 $ 240.00 $ 744.75 New York 789-98 150.00 939-98 3 ,751.21 939.98 2,811.23 R i i l a d e l p h i a 225.00 - 225.00 1,401.28 225.00 1,176.28 Cleveland 524.00 - 524.00 1,820,23 524.00 1,296.23 Richmond 300.00 — (*)50.00 350.00 1,654.09 350.00 1,304.09 At lan ta 240.00 — 240.00 1,651.69 240.00 1,411.69 Chicago (#>4,764.67 - 4,764.67 3,315-41 4 ,764 .6? (**>1,449.26 S t . Louis 300.00 - - 300.00 1,733.55 300.00 1,433.55 Minneapolis 275.00 - - 275.00 1,0M4.94 275.00 769.9% Kansas City 310.00 - — 310.00 2,032.10 310.00 1,722.10 Dal las 170.00 w 170.00 1,764.85 170.00 1,59^.85 San Francisco 215.00 - 215.00 2,922.95 215.00 2,707.95

Fed. Res. Board 15,526.38 15,526.38

Tota l $8,353.65 $150.00 $15,576.38 $24,080.03 $24,077.05 $8,553.65 $16,972.66 2 .98(a) 1.449,2b(&)

$24,077.05 $15,523.40

(#) Includes s a l a r i e s Washington Operators . (*) Cut- in a t Washington on Richmond-Bdl time re C i r c u i t , (&) Amount re imbursable to Chicago. ( a ) Received from War Finance Corporat ion cover ing bus iness f o r month of Ju ly . (**) Cred i t .

FEDERAL RESERVE BOARD WASHINGTON, D. C.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis