View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

.

{'"' CONFIDENTIAL
0~

'

STATU1ENT. OF EARNINGS ..AND EXP:Ei.JS~S OF THE FEDERAL RESERVE :BANKS.
JANUARY 1, Tg' ijARCH 31, 1918.

L,_----------------------------------------------------------------,....-----~

Ea.mings

Boston New York

P:hna:

y

~..-

.

9' -r.
J.'

. . ...:.------------------..,-----":::-:.-------------------------------------St.Louis Minn. Ko.n.Cy. Dallas San Fran1. Total

Clevel. Riehm. Atlanta Chicago

----------------------------------------------~------------------------------------------------------------------~---------------~--------

· Bills discounted
537,220 2,011,382
Acceptances bought
124,6361,538,329
U.S. securities
26,077
755,756
Municipal warrants
2,367
Bill of Lading drafts
Transfers- Net earnings
Deficient reserv~ penalties
4,538
2.756
Comr;lissions :ceceived
8, 650
Het service charges
24,724
23,374
· =..Sun~d':.!.r..:r..Y..JP~r..::::O.:..fl:!:.!·t~s:___ _ _ _ _.:::..l0:::..9u•..::::8.:::.03"---=.:18~7_z..-=.:002
Total earnings
826,998 4,529,616

272,883 109,472 327 'lt~ 5, 5i9, 781~
22,088 100,564 242,766 2,730,498
90,995 1.}8,171 23,658 1,576,051
3::994
--8, 547
24
4,660 1,235
30,212
60,445 23,155 19,861 213,755
16,724 5,118 16,665 121,679
8, 650
24,574.20,898 19,389 12,095
15,168 10,466 14,288 12,264 14,162 11,152 202,554
11,844
164
980
5.254
21,068
322
360
3
38 9.1)01 346.339
576,315 874,082 455,740 267,6781,183,076 417,607 250,185 475,426 309,334 652,01219,&8,069

279;039 376.707 309,744 114,147
157,727 159,807 · 84,462 65,392
96,926 294,816 2+',470 50,858
49
1, 469
2,847
7,790
7,957
6,156 13,900 19,695 7,659

836,836
137,929
88,421
662
7,937
62,700
12,355

288,944
63,452
24,879
--3,849
12,594
13,101

116,236
33,346
54,024
6
9,660
19,253
3,012

--------~--------------------------------------------------~---------~-------------------~,------------------------~----------~------------

EXPENSES
Assessr.1ents Acct. expenses
F. R• .Board
7.909
Federal ·Advisory Council
210
(fees & traveling expense)
Governor~s canferan~es (including traveling expense)
70
F.R.Agents 1 conferences (including tr-aveling expense)
14,562
Salaries! Bank officers
41,007
Clerical staff
1,260
Directors• fees
. Directors' p3r diem all owance
310
Directors traveling ex.penses
227
7.738
Rent
Cost of F.R. currency issued
All other e~enses
45.517
Total expenses
ll$t810

25,225

8,292 10,154

4,927

3 797

515

295

150

99

67

25

J

30
128
105
33
46,463 13,812 18,287 11,208 12,872
1391939 37,319 43,548 22,608 17,462
480
910
615
5, 215 1,120

60
262
32,967
80,598
109.170
440,447

4,691

3,540

3. 773

5,497

94,462

252

150

1,498

150

3,817

127

106.

14o

657

118
123
143
107
564
139
20,650 16,950 11,750 15,544 12,016 19,516
50,784 29,212 17,347 24,460 22,101 41,473
980 1~985
930 1,425
894
3~

1,490
213,630
487,260
15,874

12,274

190
240
200
422
160
400
24o
850
300;
452
3,824
294
307
333
534
359
566
341
1,667
297
5,187
2,740 6,331
1,307 4,344
8,926
4,552 2,445 3,992
---, 6,185
81,527
23,520 46,397 12,072
6,467
5,789 22,438
63.3'
197,914
27.929 63,211 36.913 14,407
76.513 24,754 21.437 53.428 21.052~ 46.325 536.662
115,414189,777 90,4~6 54,522 . 170)919 89,758 64,239128,455 62,276Jl21,1961,646,299

. Net earnings
708,188 4,089,169 460,9(>1 684,305 365,254 213,156 1,012.,157 )27,849 185,946 346,971 247,:1
. ·.······,····530,816 9,160,804
Ba.tio of ne~ earnings to paid·
. · '
in Capital
.44.6
83.0
26.8
32 .. 7
38.8
29.0
47.6
37·7
27.2
40.2
34.. ·.. 49.4
49.4