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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

c o n f i d e n t i a l

Discounts
and
advances

Federal
Reserve
Bank

$11,080
116,111
12,120
15,974

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis

14,501
7,430
29,554
6,829

Minneapolis
Kansas C i t y
Dallas
San Francisco

5,710
10,330
5,595
12,642

TOTAL
July
June
July
Jan.-July
Jan.-July

August 2 9 , 1949

EARNINGS AMD EXPENSES OF FEDERAL RESERVE BANKS, JULY, 1949

L.4.1

•49
'49

*48
<49
'48

Month
Earnings from
Industrial
U.S. Govt,
loans
securities
and
commitments

$41
2,(27
463
108
5
18
—
——
•

76

or

July

Other
sources

$632
$1,752,117
6,018,934 11,718
1,730,021
679
2,342,429 19,690

Total

Current
expenses

$1,763,870 #35,050
6,116,763 1,424,144
397,040
1,744,847
576,278
2.378,556

3,789,727
1,372,527

1,050
6,322
4,503
1,038

1,646,097
1,375,389
3,823,802
1,380,39b

473,338
320,635
947,243
358,398

822,191

551

828,452
1,257,379

193,311

1,630,438
1,361,632

1,228,422 1 8 , 6 2 7
1,098,566
797
2,250,414 2,075

1,101,958

2,265,207

327,417

272,7^8
561,363

247,876 2,738 25,397,418 67,682 25,715,714 6,286,965
241,236 3,160 25,198,853 72,060 25,515,309 6,649,615
345,074 3,82? 2k,163,816 63,578 24,576,295 6,056,815
2,337,191 26,487 193,701,193 465,313 196,530,184 45,31k,70k
2 , 2 7 4 , 6 0 7 37,617 153,932,009 475,899 156,720,132 1+0,524,108




l/

January - July 19U9

w
Current
net
earnings

Current
net
earnings

Profit
and
loss
account
(credit)

$1,328,820 $10,160,595 $l,Wi8Wk,722,619 36,05,929 6,111,95k
1,317,807 10,I486,062 1,835,938
1,802,278 I k , 1 0 0 , 2 7 k 2 , 3 9 9 , 7 2 5
1,599,777
1,351,76k
3,k52,5k7
1,301,383

2,876,559
1,021,996

9,kk3,3o6
8,o62,U30
22,k?o,677
7,961,890

635,Hl
929,962
832,210
l,703,8kk

k,895,3k7
721,kk9
7,226,5k9 I,ik0,l5l
6,502,5k5 1,118,598
13,369,876 2,397,163

1,172,759
1,05k,75k

19,438,749
18,865,694
18,519,480

151,215,480
116,196,024

151,215,480 25,153,342
116,196,024
999,880

Includes amounts for current quarter applicable t o two preceding items.

Accrued
dividends

Interest
on F. R.
notes t o
June 30

Earmarked
for continUnallocated
gent
reserves
1/

$401,809 $7,352,401 $2,017,000 $2,132,278
2,442,530 25,566,644 7,249,000 7,389,709
519,998 7,521,260 2,097,000 2,183,742
672,986 10,118,575 2,813,000 2,895,438
311,796 6,897,773
281,449 5,820,235

9 0 2 , 9 5 1 15,956,345

236,379 5,780,014

1,887,000 1,946,514
1,598,000 1,714,510
4,406,000 , 4,657,928
1,575,000 1,671,880
1,421,000
1,298,000

2,687,000

1,029,996
1,514,836
1,347,345
2,747,805

7,141,679 107,995,162 3 0 , 0 0 0 , 0 0 0
6,921,756 74,229,637

31,231,981
36,044,511

158,487 3,476,313

250,050

5,180,814

284,099 4,691,699
679,145 9,653,089

952,000