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L.b.l
NOT FOR PUBLICATION

kpti
&rM *

Month
Federal

Bank

Discounts
and
advances

U. S. Govt,
securities

$61,920
125,U80
91,368

Richmond
Atlanta
Chicago
St. Louis

102,659
215,886

723,818
72,626

It,991,110
16,388,159
3,851,180

Minneapolis
Kansas City
Dallas
San Francisco

17b,99b
2149,705
181,359
81,765

b,082,077
3,779,887
10,816,627
91,875,286
86,206,1*57
61,203,151
272,685,060
169,363,737

3/

I960
I960
1959
I960
1959

89,66b

2,17U,2 bb
2,631,125

1,186,038
7,853,716
3,681,673

Other
sources
2/

$5,131;, 203 $1,381
2b,006,lb8 130,069
1,702
5,1*00,1*07
3,588
8,199,00k

Boston
New York
Philadelphia
Cleveland

1/
~
2/

"oF

I960

March

Current earnings

Reserve

TOTAL:
March
February
March
Jan.-Mar.
Jan.-Mar.

EARNINGS AND EXPENSES OF PEEERAL RESERVE BANKS, March I960

._r,ADV

6,069,181

2,157,000

1,U19
3,030
1,530
103

Total

$5,197,501*

21*, 261,697
5,1*93,1*77

8,292,256

6,173,262

5,210,026
17,113,507
3,921*,509

Current
expenses

January - March I960
Current
net
earnings

Current
net
earnings

Profit
and
loss
account
$1,11*2,270

$290,008
1,676,81*7
31*1*,677
51*7,168

3,1*10
2,583,111*
716,011*
1,163,879

SI*,329,091*
21,678,583
1*, 777,1*63
7,128,377

$12,1*96,1*1*5
13,831,398
20,692,1*09

8hl,226
887,1*11

91*9,751*
929,319
1,835,101

15,121*, 177
12,682,763
1*3,591,10*6
9,393,781

1,210,682

778,261

5,223,508
li, 280,707
15,278,1*06
3,11*6,21*8

1*1*1*, 660

1,887,991

62,763,121

1,998,188

91.lt, 775
1,568,1*55

1*92,636

Accrued
dividends

262,791
307,800
811*, 379
197,21*0

Interest
on F. R.
notes since
January 1

Unallocated
net
earnings
3/

$7,1*17,803
35,762,538
8,1*1*1,1*58
12,701*, 702

$5,930,901*
27,321,921*
5,886,b89
8,327,950

9,132,366
7,25b,057
5,539,311

6,939,702
6,035,681
18,228,670
b, 12*9,866

26,116,852

5,226,879

10,623,176

308,761*

638,165
701*,1*01*
1,399,707

3,696,881

1,519

2,332,651
1*,335,01*6
.3,962,127
10,902,91*1

3,257,723
9,503,231*

9,575,300
27,571*,71*1

537,380
535,1*86
1,1*30,967

131*, 763
21*2,553
339,265
718,329

2,736,31*9
5,769,291
5,325,751
17,287,31*8

2,66b,531
5,lb8,712
b,bb5,770
11,000,031

11*9,1*73
175,996
101,01*1*
570,999
320,607

97,199,003
89,013,578
62,790,233
281,109,775
173,369,017

13,010,788
12,303,777
11,896,1*10*
37,53b,139
3b,850,653

8b,188,215
76,709,801
50,893,789
2b3,575,636
138,518,36b

2b3,575,636
138,518,36b

ll,868,2b0
-195,813

5,875,820
5,562,325

Ib3,b87,826
75,366,3b2

106,080,230
57,393,Mb

657

3,261;
881

Includes earnings on U. S. Government securities not in System Open Market Account: New York, March I960, $17b,507j February I960, $101,001;
March 1959, $ll5,3b9j January-March I960, $3b6,8l6; January-March 1959, $287,262.
Includes earnings on acceptances: New York, March I960, $127,13b; February I960, $138,237; March 1959, $80,569;
January-March I960, $b59,b22; January-March 1959, $263,985.
Includes amounts for current month applicable to interest on Federal Reserve notes..
BOARD OF GOVERNORS
OF THE FEDERAL RESERVE SYSTEM
DIVISION OF BANK OPERATIONS
April 21, I960