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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

1

of

Month

Federal

March

"

Bank

Discounts
and
advances

Boston
New York
Philadelphia
Cleveland

$135,264
404,719
157,990
109,391

Richmond
Atlanta
Chicago
St. Louis

85,556
150,860
785,362
33,035

Minneapolis
Kansas City
Dallas
San Francisco

132,550

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

1957
1957
1956
1957
1956

89,672

Industrial
U. S. Govt,
loans
and commit- securities
ments

it

$1,280
1,343
51

38
163
790

38,913
58,603
2,181,915
1,558,115
2,091,741
4,812,737
5,365,455

2/

Current
expenses

Current
net
earnings

Current
net
earnings

Total

Profit
and
loss
account

Unallocated
net
earnings
3/

$101
68,690
648
587

$3,318,190
15,199,237
3,638,172
5,116,422

$709,616
2,118,094
631,578
973,965

$2,608,574
13,081,143
3,006,594
4,142,457

$7,122,822

3,563,741
2,976,238
10,098,799
2,416,576

544
940

3,649,841
3,128,038
10,888,251
2,449,976

774,581
724,049
1,531,644
634,983

2,875,260
2,403,989
9,356,607
1,814,993

8,131,317
6,795,438
25,410,199
5,213,889

5,237
3,033
8,192
2,001

225,487

7,911,067

168,291

5,047,599

1,440,812
2,599,411
2,339,726
6,536,361

491,720
512,784
497,302
1,123,206

949,092

2,816,312

2,086,627
1,842,424
5,413,155

793

5,230,597
15,170,892

-10,295
1,533

108,465
197,838
273,383
588,181

2,708,640
5,657,368
4,946,919
14,584,244

10,723,522
10,373,211
46,922,838 9,720,520
170,194,407 31,647,193
131,384,878 28,739,032

49,580,915
41,850,682
37,202,318
138,547,214
102,645,846

138,547,214
102,645,846

40,558
114,352

4,052
365

1,307,382
2,508,030
2,300,464

717
919
349

58,040,247

78,610

50,569,027
44,787,062

93,174
40,568
308,325
143,098

165,062,157
125,866,174

698

60,304,437
52,223,893

$4,111
13,601
3,264

36,585,877

8,563,431
11,654,053

6,269

2,819

5,852,387

1/ Includes earnings on U. S. Government securities not in System Open Market Account: New York, March 1957# $158,187,
February 1957, #3,939; March 1956, $155,018; January-March 1957, $340,158; January-March 1956, $382,664.
2/ Includes earnings on acceptances: New York, March 1957, $67,177; February 1957, $74,193; March 1956, $29,93-5;
January-March 1957, $246,399; January-March 1956, $105,012.
2/ Includes amounts for current quarter applicable to interest on Federal Reserve notes.




Accrued
dividends

$3,181,545
14,725,828
3,478,191
5,006,393

6,477,060
3,665
3,577
3,467
11,188
10,151

Other
sources

January •- March 1957

1957

Current earnings

Reserve

April 22, 1957

EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS. MARCH 1957

$254,892 $6,872,041
1,418,363 35,181,115
312,838
8,253,857
11,186,947
473,375

236,674 6,561,797
672,866 24,745,525

4,930,653 133,657,119
4,597,353 98,162,845