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CONFIDENTIAL Not f o r p u b l i c a t i o n EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, FEBRUARY, I946 B-811 Month Federal Reserve Bank _o£_ Earnings from — bisindustrial Gov't s e c u r i t i e s counts loans and and commitSystem Opti on advances ments Account Account Boston New York Philadelphia Cleveland $10,146 72,216 9.956 13,561 Richmond 'Atlanta ' • Chicago S t . Louis 3,307 3,683 2k,108 4,988 Minneapolis Kansas City Dallas San Francisco TOTAL Feb. 191*6 Jan, I9I4.6 Feb* I9I15 Jan.-Feb. 1946 Jan.-Feb. 1945 6,277 9,669 1,3^7 1,375 163,433 129,206 90,986 292,639 142,151 $370 3,033 110 150 83 117 . January - February 1946 192.16, Current expenses Other sources Total ' Net: Total operating current expenses l / expenses 2 / Current net earnings Current net earnings Profit and loss account Amount available Accrued f o r r e s e r v e s , dividends l o s s e s , and surplus $737,201 2,016,959 780,-322 1,061,858 $21,542 798,911 69,012 31,755 $490 4,505 663 7,944 $770,049 2,892,591 863,486 1,115,028 $244,219 938,505 286,480 351,862 $265,410 1,091,089 329,102 380,435 $504,639 1,801,502 534,384 734,593 $1,075,807 3,952,002 1,177,999 1,609,840 $66,128 217,592 72,984 90,548 $106,992 638,751 133,144 180,025 $1,034,943 3,530,843 1,117,839 1,520,363 719,^07 599,413 1,318,864 526,089 14,887 6,205 438,195 31.019 489 1,582 n,455 4,486 738,240 610,883 1,792,622 566,582 247,781 199,677 494,948 223,217 277,681 222,830 550,745 244,363 4 60,559 388,053 1,241,877 322,219 1,044,576 862,859 2,736,420 701,509 56,812 48,031 130,532 43,697 73,277 . 65,744 213,575 56,974 1,029,111 845,146 2,653,377 688,232 301,170 544,377 .474,999 1,135,542 12,352 6,985 91,716 226 12,954 597 620 320,693 579,352 484,009 1,235,070 112,359 205,599 161,090 354,6^0 116,741 234,337 181,082 416,748 203,952 345,015 302,927 818,322 452,532 754,711 680,452 1,829,722 27,525 45,058 39,141 91,192 39,205 58,860 61,737 164,742 440,852 740,909 657,856 1,756,172 46,oii 11,968,605 13,604,693 9,888,947 25,573,298 20,563,752 3,820,387 3,830,392 3,257,774 7,650,779 6,590,132 4,310,563 4,384,306 3,786,641 8,694,869 7,675,874 7,658,042 9,220,387 6,102,506 16,378,429 12,887,878 16,878,429 12,887,878 929,240 1,793,026 1,110,366 1,654,769 16,014,643 12,343,473 13.020 1 0 , 2 1 6 , 7 0 1 1,538,597 3,863 11,803,290 1,619,860 5,783 8,360,731 1,382,445 9,431 9,646 2 2 , 0 1 9 , 9 9 1 3,158,457 22,276 17,565,357 2,746,692 ~ 1 7 Hz ^ t operating expenses plus BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM DIVISION OF BANK OPERATIONS MARGE 18,1946 February 46,554 45,354 92,565 87,276 cost of Federal Reserve currency and assessment f o r Board's expenses.
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