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f e o e a A L tesesvj? i.li.l «' KANSAS CITY EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, AUGUST i960 NOT FOR PUBLICATION 2 8 i960 August .of. Federal I960 Current earnings Reserve Bank Discounts and advances U. S. Govt, securities y Other sources 2/ Total Current expenses $881,226 2,681,226 697,852 1,103,857 Current net earnings Boston New York Philadelphia Cleveland $31,616 $4,965,525 109,274 23,629,303 29,019 5,290,401 45,338 7,938,650 $1,728 | $4,998,869 97,037 \ 23,835,614 1,587 | 5,321,007 2,8441 7,986,832 Richmond Atlanta Chicago St. Louis 65,103 5,848,398 104,886 5,066,333 233,673 15,814,838 21,350 3,734,493 1,875 I 5,915,376 3,888 * 5,175,107 .1,965 | 16,050,476 278, 3,756,121 4,922,903 992,473 888,8511 4,286,256 1,846,959 ! 14,203,517 681,079 | 3,075,042 32,661 2,144,120 87,117 3,965,860 40,071 3,723,682 19,279 10,859,476 1,310 I 2,178,091 2,710 | 4,055,687 .1,344 i 3,765,097 1,836 i 10,880,591 465,768 I 722,985 | 601,3811 1,469,091j Minneapolis Kansas City Dallas San Francisco TOTAL: August July August Jan.-Aug. Jan.-Aug. i960 i960 1959 i960 1959 819,387 1,152,664 3,050,002 14,945,070 15,844,734 $4,117,643 21,154,388 4,623,155 6,882,975 1,712,323 3,332,702 3,163,716 9,411,500 92,981,079 118,402 93,918,868 13,032,748 80,886,120 96,611,328 120,531 97,884,523 12,830,952 85,053,571 85,624,781 88,474 88,763,257 11,825,250 76,938,007 742,580,729 1,331,624 758,857,423 101,405,044 657,452,379 504,173,331 844,387 520,862,452 94,744,904 426,117,548 January - August I960 Current net earnings Profit and loss account Accrued dividends Interest on F. R. notes since January 1 Unallocated net earnings y $33,718,625 $1,163,123 169,444,847 2,094,459 37,451,464 873,953 921,863 55,834,889 $782,685 4,519,677 927,255 1,469,939 $28,577,355 139,456,305 31,754,368 46,609,688 $5,521,708 27,563,324 5,643,794 8,677,125 40,481,164 34,762,941 116,625,465 25,041,947 1,234,733 936,666 1,764,754 508,092 712,674 833,099 2,198,150 531,183 34,183,153 28,768,714 97,817,885 21,051,390 6,820,070 6,097,794 18,374,184 3,967,466 14,502,717 28,112,383 25,725,060 75,750,877 307,970 554,413 550,565 1,481,497 364,693 660,209 914,834 1,937,943 11,912,189 22,807,182 20,767,733 63,536,102 2,533,805 5,199,405 4,593,058 11,-758,329 657,452,379 12,392,088 15,852,341 547,242,064 106,750,062 426,117,548 561,059 15,035,954 303,044,638 108,598,015 l/ Includes earnings on U. S. Government securities not in System Open Market Account: New York, August i960, $582,022; July i960, $295,040; August 1959, $136,440; January-August i960, $2,031,094; January-August 1959, $1,046,049. 2/ Includes earnings on acceptances: New York, August i960, $95,929; July I960, $83,269; August 1959, $65,872; January-August i960, $937,998; January-August 1959, $621,080. 3/ Includes amounts for current month applicable to interest on Federal Reserve notes. BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM DIVISION OF BANK OPERATIONS September 22, i960