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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