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T CONFIDENTIAL Not f o r publication EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, FEBRUARY I9U5 Month Federal Reserve Bank Boston New York Philadelphia Cleveland Richmond Atlanta Chicago *St. Louis Minneapolis Kansas City Dallas San Francisco TOTAL Feb. I945 Jan. 191*5 Feb. 19W* Jan.-Febi19^5 Jan.-Feb.l9bL of Earnings from — Industrial U. B# Gov*t s e c u r i t i e s Discounts loans System and and commitOption advances Account ments Account $3,571 bb,66o 2,794 5,56b $29,360 689,127 65,239 27,5b7 3,236 502 5,893 2,522,568 b65 30 586,565 b77,765 1,083,729 399,489 15,424 6,6b7 351,594 27,108 b87 1,22b 11,857 6,bob 605,161 b86,5H l,b52,726 bb.2,275 217,b67 bl9,27b 357,681 950,bl5 3l,m 15,222 252,910 114,015 bl2 12,936 1,022 1,081 8,360,731 1,382,445 9,20b,626 l,36b,2b7 5,961,912 853,23b 17,565,357 2,7b6,£92 11,882,75b 2,110,772 b5,35b bl,922 b3,677 87,276 87,826 28 * 115 - — 2,067 9,131 12,845 51.165 17,456 29,868 22,276 112,151 61,385 33,789 Total $597,316 1,785,522 616,135 869,373 — — 90,986 Other, sources $636 23 5,100 967 2,220 8b5 5,5b6 9,2b6 3,920 12,173 361 86 February • 10,051 $300 $631,183 689,770 909,3bb b59,720 369,115 1,067,66b 9,888,9b7 10,67b,805 6,906, lb7 20,563,752 l b , 179,526 "1955" Current expenses Net Total operating current expenses l / expenses 2 / $197,371 758,b03 235,948 303,250 $227,177 207,271 251,726 207,932 169,926 463,182 172,723 97,600 172,484 145,666 333,950 3,257,77b 3,332,358 3,lb5,958 6,590,132 6,303,650 915,801 287,032 333,512 522,220 198,730 103,710 191.793 165,700 381,308 3,786,6bl 3,889,233 3,993,512 7,675,87b 7,929,555 B-811 January - February 19^5 Current Current net net earnings learnings i ' \ Amount available f o r reAccrued dividends serves, losses, and surplus $b0b,006 $803,365 1,606,767 3,3b7,b03 b02,738 850,51b 1,225,333 575,832 $92,098 276,925 85,907 115,092 $101,291 $78b,172 596,355 3,027,973 812,87b 123,5b8 166,b5b 1,173,971 769,7b5 353,1*35 596,701 278,579 2,065,013 930,506 b80,llb 2b3,5b5 97,872 67,971 139,699 28,17b 801,6b7 65,969 605,238 59,43b 197,117 2.007,595 b55,850 52,b37 322,699 5b9,8l9 3b,263 51,730 b7,628 80,007 lb9,2oo 267,927 203,bl5 686,356 b2 5,963 l,b51,209 36,218 53,022 5b,ib2 lb8,782 320,7bb 551*527 bl9,Ub9 1,382,b33 6,102,306 6,785,572 2,912,635 12,887,878 12,887,878 6,2b9,971 6,2b9,971 l / Operating expenses a f t e r deducting reimbursable expenses. Zy Net operating expenses plus cost of Federal Reserve currency and assessment f o r Board* s expenses. BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM DIVISION OF BANK OPERATIONS MARCH 13, I9b5 Profit and loss account 1,110,366 1,65b,769 12,3b3,b73 585,815 1,556,655 5,279,128
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