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CONFIDENTIAL August 25, 1948 BOARD CF GOVERNORS OF THE FEDERAL RESERVE SYSTEM EARNINGS AND EXPENSES CF FEDERAL RESERVE BANKS, JULY 1 9 4 8 L.I4.I January Industrial Disloans counts and commit' and ments advances Federal Reserve Bank Boston New York Philadelphia Cleveland $20,915 121,838 24,634 31,587 Richmond Atlanta Chicago S t . Louis 18,139 16,564 39,700 16,845 Minneapolis Kansas City Dallas San Francisco 6,619 12,211 9,b87 26,535 TOTAL July June July Jan.-July Jan.-July I9I4.8 I9l4.fi 19U7 I9I4.8 1947 345,074 311,180 100,37b :2,27b, 607 11,256,869 Earnings from — U; S. Govt, s e c u r i t i e s System Account Other Other sources Total Current expenses Current net earnings Current net earnings $433,228 $1,212,851 $7,620,240 4,5bb,ibo 28,bl6,6l5 1,380,83b 8,bbl,21b 1,365,709 387,533 512,301 1,855,783 11,387,727 Profit and loss account July 19k8 Accrued, dividends Interest on F.R, notes t o June 30 Unallocated Net earnings $68,b85 $395,56b $4,903,122 $2,390,039 8,642,505 239,595 2,116,003 17,597,702 2,640,906 5,368,000 76,028 508,336 663,266 7,236,08b 3.584,224 95,8b7 $b9 $1,624,388 1,922 973 1,726,021 2,316,585 665 18,939 $l,6b6,079 5,92b,97b I,753,2b2 2,368,08b 32b 6 231 105 1,569,295 1,211,1405 ),160,189 1,307,125 1,207 3,683 6,109 1,50b 1,588,965 1,231,658 3,506,529 1,325,579 409,722 336,178 866, b56 371,b77 l,179,2b3 895,b80 2,6bo,o?3 95b,102 7,bl9,870 5,677,lbo 16,489,734 6,lb9,17l 60,986 51,739 137,bio 50,552 29b, 539 269,930 8b5,lb3 227,336 b,847,991 3,688,296 10,622,751 4,061,956 2,338,326 1,770,653 5,159,250 1,910,431 739,630 1,126,299 1,095,012 2,193,519 152 Hi, 685 882 .5,637 7b6,70l 1,153,298 1,105,381 2,225,805 207,5b2 3b0,123 290,126 521,295 539,159 813,175 815,255 1,70b,510 3,193,180 5,268,422 5,200,721 10,631,990 29,^15 47,762 bb,805 97,256 152,51b 235,562 265,799 6b7,76b 2,290,872 3,452,647 3,368,210 6,792,006 1,079,205 1,627,975 1,611,517 3,289,476 - • - #» 103 —* lib 3,827 b,3Q3 7,105 37 i 617 42,264 $727 9,088 5,79b,0b8 24,163,816 - - 63,578 70,289 62,006 22,176,197 9,765,b28 $ l , b b 8 , 7 7 l 153,952,009 - b75,899 65,978,16b 12,03b,330 bl3,205 6,056,815 18,5l9,b80 2b,576,295 22,592,269! 5,708,085 16,88b,18b 5,999,276 11,383,68b 5,38b,b08 999,880 156,720,132 bO, 52 b, 108 116,196,021| 116,196,024 42,630,295 1,973,839 79,72b,832 37,09b, 537 b2,630,295 6,921,756 74,229,637 f36,044,511 6,674,773 29,206,342 1 8,723,019
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