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Q 0 NFIDENTIAL BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM UBKAH7 D E F I . F03ERAL R'SERVC BAM& gf K.aiiSSS eitv EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, MARCH, 1952 Federal Reserve Bank Boston New York Philadelphia Cleveland Month Current earnings Discounts and advances $7,229 71,557 8,524 12,522 Industrial loans and commitments $14,207 519 U.S. Govt, securities 1/ March of Other sources Total A p r i l 22, 1952 January - March 19>2 1952 Current expenses ArK Current net earnings Current net earnings Profit and loss • account (credit) Accrued dividends Unallocated net earnings 2/ $2,495,650 7,937,115 2,260,527 3,670,163 $628 2,411 296 1,585 $2,503,507 8,011,083 2,283,554 3,684,789 $580,873 1,802,325 523,331 744,977 $1,922,634 6,208,758 1,760,223 2,939,812 $5,522,376 17,974,952 5,131,457 8,546,494 $123,728 320,472 91,799 128,992 $196,212 1,143,478 253,328 343,425 $5,449,892 17,151,946 4,969,928 8,332,061 Richmond Atlanta Chicago S t . Louis 18,881 18,426 150,861 16,951 492 3,503 1,159 2,460,163 2,164,261 5,686,473 2,021,244 662 187 847 1,340 2,480,198 2,186,377 5,839,340 2,039,535 589,845 503,823 1,266,935 483,637 1,890,353 1,682,554 4,572,405 1,555,898 5,529,803 4,951,466 13,370,937 4,550,754 89,805 74,830 210,793 76,543 157,492 148,963 463,465 126,469 5,462,116 4,877,333 13,118,265 4,500,828 Minneapolis Kansas City Dallas San Francisco 4,188 34,020 5,208 141,469 545 168 61 231 1,170,683 1,770,438 1,739,663 3,448,808 259 791 97 128 1,175,675 1,805,417 1,745,029 3,590,636 264,350 412,922 362,370 858,107 911,325 1,392,495 1,382,659 2,732,529 2,662,311 4,091,064 4,035,638 8,050,606 42,738 65,358 63,346 129,535 81,436 135,991 171,08s 384,593 2,623,613 4,020,431 3,927,902 7,795,548 489,836 494,875 367,320 1,268,075 1,112,927 20,885 18,906 16,760 57,697 46,289 36,825,188 34,038,482 30,085,440 108,527,449 83,395,867 9,231 8,711 17,317 31,653 36,184 37,345,140 34,560,974 30,486,837 109,884,874 84,591,267 8,393,495 8,368,692 7,922,751 25,467,016 22,634,576 28,951,645 26,192,282 22,564,086 84,417,858 61,956,691 84,417,858 1,417,939 61,956,691 -1,597,919 3,605,934 3,408,532 82,229,863 56,950.240 TOTAL March February March Jan.-Mar. Jan.-Mar. 1952 1952 1951 1952 1951 l/ 2/ Includes earnings on U. S. Government s e c u r i t i e s not in System Open Market Account: New York, $12,386 March 1951, $21,195; January-March 1952, $37,480; January-March 1951, $83,012. Includes amounts f o r c u r r e n t q u a r t e r applicable to i n t e r e s t on Federal Reserve notes.