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CONFIDENTIAL BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM Month of Earnings from — DisI n d u s t r i a l U.S. Govt, s e c u r i t i e s counts loans and System and commitOption advances ments Account Account Federal Reserve Bank Boston New York Philadelphia Cleveland Total Net Total ope r a t i n g current expenses l / expenses 2 / January - August 1946 Current net earnings Current net earnings -29,419 -10,943 -57,108 -61,668 302,267 270,746 866,590 232,580 3,562,525 2,915,902 8,199,512 2,446,296 -25,954 -42,772 -29,764 -22,156 158,201 238,860 258,481 669,196 1,468,790 2,614,055 2,148,101 6,368,052 63^609,994 -317,490 57,877,480 2,295,286 7,264,940 6,721,074 56,027,564 53,451,690 2,272 367 $296,789 1,015,398 323,218 282,731 $315,422 1,202,656 371,753 414,267 $508,121 1,988,997 545,244 753,345 $4,012,646 16,050,723 4,412,403 6,134,284 18,327 3,454 271,531 26,547 895 10 1,023 754,934 649,957 1,451,661 573,348 12,294 4,6o4 790,531 664,736 1,764,061 622,506 271,962 226,867 545,935 241,207 322,895 269,665 627,590 291,690 467,636 395,071 1,136,471 330,816 3,894,211 3,197,591 9,123,210 2,740,544 12,796 18,957 5,005 112,709 675 12,629 757 3,723 353,109 606,901 495,989 1,338,266 132,127 229,341 211,898 389,230 150,824 245,024 227,472 437,499 202,285 361,877 268,517 900,767 1,652,945 2,895,687 2,436,346 7,059,404 62,305 12,735,904 1,660,536 72,139 12,733,010 1,675,873 54,148 12,320,414 1,598,156 13,121,535 462,064 100,363,749 12,151,099 365,628 89,806,722 4,266,703 4,372,661 3,622,056 32,485,688 27,377,820 Minneapolis Kansas City Dallas San Francisco 7,073 6,906 4,892 12,602 74 8 332,565 568,409 485,261 1,209,224 I9U6 213,891 19^6 198,790 1945 166,144 1946 1# 503,968 I9U5 1,163,006 4,011 4,567 8,963 35,029 85,209 10,795,161 10,781,641 10,493,003 85,241,153 76,041,780 l/ 5/ 2,064 4,876,757 7,859,147 4,958,941 7,774,069 4,280,063 8,040,351 36,753,755 63,609,994 31,929,242 57,877,480 Accrued dividends Amount available for reserves, l o s s e s , and surplus $3,575,401 13,389,478 3,942,444 5,397,008 $823,543 3,191,653 916,997 1,167,612 16,375 9,261 28,565 16,984 Profit and loss account $431,582 $-5,663 2,570,292 -90,953 68,4OO 538,359 727,786 -9,490 $1,160 12,^02 839 10,263 16,498 18,726 Current expenses Other sources 1 1946 $26,553 1,083,992 60,498 20,167 $257 64,o44 August $783,608 2,031,215 836,890 1,118,089 $11,96§ Richmond Atlanta Chicago S t . Louis TOTAL Aug. July Aug. Jan.-Aug; Jan.-Aug. September 16, 1946 EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, AUGUST, I9U6 L.4.1 Operating expenses a f t e r deducting reimbursable expenses, Net operating expenses plus cost of Federal Reserve currency and assessment f o r Board's expenses. .
@FedFRASER