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C O N F I D E N T I A L Not f o r p u b l i c a t i o n EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, APRIL 1944 Commitments Other U. s . t o make IndusDiss o urces G o v t . i n d u s t r i a l counted t r i a l s e c u r i t i e s advances advances bills Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Jan.-Apr. Jan,-Apr. $5,564 471 16,455 626 33 556 770 3U9 13 174 580 964 3,679 Minneapolis Kansas C i t y Dallas San F r a n c i s c o 1944 1944 I9U3 1944 1945 205 529 8 285 553 146 9 10,309 1,1*38 33,21*3 91*1* $235,839 995,693 296,658 39l*ยป797 $322,183 980,713 308,054 417,217 $1,001,127 3,862,710 1,062,619 1,368,666 48,495 35,383 90,978 36,118 125+259 110,565 562,119 95,468 678,651 449.718 li25l,839 517.719 114,929 38,342 32,790 70,879 67,818 101,586 95,407 260,291 472,741 547,980 482,951 1,052,467 15,499,747 99l*,542 5 , 1 2 2 , 8 9 8 10,113,581 24,226,091 2 , 9 5 5 , 8 8 8 11,571,189 51,405,785 251,639 235,049 617,009 209,056 218,162 170,658 346,311 175,675 755,396 524,898 1,522,980 577,069 115 232,768 1 3 , 9 92 373.7U7 51*2 330,823 716 776,061 233,61*1 588,414 331,382 788,809 95,086 210,727 156,909 324,351 115,252 236,980 180,342 426,935 118,389 .151,1*34 151,040 | . 361,874 425,630 611 , 2 2 5 54 , 5 4 8 1,241,879 7,916,959 7,695,613 5,409,001 3,269,718 3,320,966 4,195,249 4,167,547 3,436,630 29,792,098 23,872,11*9 12,894,334 11,245,692 29,386,121177,978 23,1*35,070 386,731 Accrued dividends Amount available for reserves, l o s s e s , and surplus $862,117 2,958,2*95 986^171 1,150,580 205,436 155,434 452,053 171,334 2,890,274 A p r i l 191*1* $58,316 $197,327 229,157 1,153,372 159,600 236,047 79,355 317,641 1469,801 1*05,707 963,320 381,731 7,259 16,1*81* 151,923 Total current expenses 2 / 1*67,916 585 405,882 896 952,112 10,231 379,301* 1,71*7 98,444 122,396 31,9^1 Net operating expenses l / 812,01k 604,712 - Profit and loss account $189,647 76U,965 230,517 313,259 1*# 187 2,102 Current . net earnings $558,022 1,976,1+06 36,137 28,981 Current net earnings $550,192 $1,517 1,91*7,007 7.9U2 585,51*0 642 805,372 5,888 7 , 8 0 4 , 7 2 4 1*1*, 813 7 , 5 8 7 , 8 7 1 1*5,239 5 , 3 0 8 , 3 5 8 1*6,511 33,235 31,1*20 13,908 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM DIVISION OF BANK OPERATIONS MAY 1 8 , 1944 $-713 11 $5,162 20,975 2,097 95 Total January -I9W Current expenses Earnings from Federal Reserve Bank TOTAL April March April April "oF Month B-811 3,721,710 3,528,066 1,972,371 16,292,351 13,499,747 13,758,568 10,113,581