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CONFIDENTIAL August 28, 199# EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, JULY, 1951 L.4.1 of Month Federal Reserve Bank Boston New York Philadelphia Cleveland Discounts Industrial loans and advances and commitments $14,663 118,247 8,269 4,669 $107 15,179 1,310 Richmond Atlanta Chicago S t . Louis 692 1,065 Minneapolis Kansas City Dallas San Francisco 4,742 15,979 3,131 635 1951 1951 1950 1951 1950 July, January - July 1951 1951 Current earnings 7,193 6,728 19,065 8,930 TOTAL July June July Jan.-July Jan.-July rr: BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 69,672 281,288 263,388 170,797 2,538,268 1,147,510 17 2/ 359 U . S . Govt, securities Other sources Current net earnings Accrued dividends '/ mt- Interest on F. R. notes to June 30 1/ 517,179 767,504 $1,776,401 $10,885,173 37,291,907 6,008,838 10,123,509 1,603,308 14,954,625 2,352,184 $-154,449 -458,573 -l4o,88l 1,671,072 | i 10,365,250 1,379,223 || 8 , 4 l 8 , 6 l 6 23,794,271 3,797,648 8,124,626 1,351,972 -138,674 1,803,740 553,236 427,513 1,192,334 451,768 1,055,273 1,586,445 1,596,795 3,348.748 255,287 4o4,o84 394,094 765,115 5,038,668 7,310,085 - 63,664 33,726,374 31,782,231 22,871,595 213,939,278 159,602,302 8,017,047 7,939,573 6,501,457 54,371,517 45,162,976 $2,330,236 7,609,592 2,096,446 3,112,350 $143 1,184 593 1,359 $2,345,042 7,729,130 2,120,487 2,215,496 1,797,873 4,969,730 1,794,281 927 1,070 828 529 2,224,308 1,806,736 1,048,824 1,072 1,568,803 1,663 143 3,602 1,592,765 3.274,281 756 1,193 23,092 21,791 33,410,677 31,468,945 11,317 28,107 59,138 103,843 11,663 129,642 73,079 Total Current expenses Current net earnings Profit and loss account m 157^963,846 417,867 3,119,688 4,989,982 $568,641 1,720,292 799,986 1,182,361 1,202,701 -171,688 2,447,251 2,013,331 5,541,404 1,971,755 182,320 3,606,713 5,196,302 5,411,594 10,919,342 1,185,971 1,716,419 1,758,959 3.692,316 8,010,944 112,361,202 7,547,767 109,011,230 37,214,041 34,205,093 - 96,626 25,709,327 23,842,658 16,370,138 159,567,761 159,567,761 114,439,326 114,439,326 -1,981,574 36,324,764 Includes amounts for current quarter applicable to preceding item. $430,170 $7,700,317 $2,600,237 8,512,863 2,589,810 25,730,661 2,335,001 561,485 7,086,142 3,438,534 7 6 8 , 2 3 6 10,576,167 7,425,782 5,971,386 16,955,068 - 91,176 -182,184 Includes earnings on U. S. Government s e c u r u i C B U U ^ lk, June 1951, $22,716; January-July 1951, $268,309; January-July 1950, $41,135. 2/ 353,543 326,733 -107,166 - 2 7 1 , 6 8 0 1,026,119 266,330 -104,813 7,617,097 15.643,934 2.583,633 Unallocated net earnings 300,738 355,368 850.092 5,781,728
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