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C 0 Nf i d e

NT I A L
, BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS. NOVEMBER. Iqlio

L.lj-1
Mor^th
Federal
Reserve
Bank

DisIndustrial
counts
loans
and
and commitadvances
ments

Boston 1
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis

$ 15,535
86,151

TOTAL
Nov.
Oct.
Nov.
Jan.-Nov.
Jan.-Nov.

1946
1946
1945
1946
1945

290,888
209,751
282,998
2,256,840
1,777,864




Total

Profit
and
loss
account

Current
net

Current
net
earnings

$ 437,270
1,807,779
556,001
685,879

$5,556,737 • - $19,085
12,802
21,713,021
6,046,994
79,613
8,207,007
3,873

329,477

Net
Total
operating
current
expenses l / expenses 2 /

Accrued
dividends

, Amount
available
for reserves,
losses,and
surplus

$597
4,558
499
15,754

$ 770,551
3,053,845
885,511
1,121,800

$292,777
1,100,875
298,480

398,000

$ 333,281
1,21*6,066
347,510
437,921

698,281
608,003

16,254
10,234
274,950
30,o44

1,655
2,451
13,682
4,66l

729,545
658,528
1,773,249
635,262

281,76?
250,917
622,21*7
267,936

291,914
710,598
312,730

1*00,068

546,414
1,062,651
522,552

5,216,058
4,559,986
12,591,804
3,704,037

-22,259
-15,764
-59,785
-54,021

418,826
576,152
1,200,127
322,71*1

8,617
26,217
3,648
78,910

848
13,555
800
5,787

554,105
605,536
512,1*08
1,276,160

149,889
231,145
200,64o
431,072

161,992
21*4,088
514,452

192,111
559,248
297,738
761,728

2,238,191
5,901,154
5,255,110
9,457,702

-21,589
-55,254
-21*, 056
- 8,660

218,21*1
550,440
559,791
925,137

10,590,145 1,603,674
4,966
10,835,536 1,576,255
4,489
11,11*2,001 1,500,553
6,572
48,805 116,871,939 17,889,513
106,660 -109,527,857 16,702,862

62,1*25
68,491
45,943
650,556
512,066

12,352,098

4,525,745

5,144,679
5,180,707
4,190,640
51,909,892
1*4,585,165

7,207,419
7,515,815
8,787,227
85,787,761
84,044,146

85,787,761
84,044,146

112
1,21*9

1,750

7,941
13,201

Other
sources

No ember 1q1i6

$21,815
1,062,91*8
48,417
21,620

136

11,526

Current expenses

-

$732,412
1,900,108
914,509
1,046,895

$192

13,221
17,640
45,116

Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o

ijarningB from —
U.S. Govt. s e c u r i t i e s

January

1946

Opti on
Account

2,3H
719

21,220

November,

System
Account

• 17,775
36,812

z

of

December 16, 191*6

70
177

1/
5/

1,439,389

578,088
339,888
552,238

499,949

1,180,085

12,69k, 522 4,560,951

12,977,867 3,553,304
137,697,653 45,805,950
128,427,509 37,970,215

211*,670

$594-,902 $4,722,750
3,540,072 18,185,751
744,831- 5,381,776
1,002,706
7,208,174

- 1 4 1 , 9 8 5 10,033,946
27526,521 9,309,775

Ope r a t i n g expenses a f t e r deducting reimbursable expenses.
Net Operating expenses plus cost of Federal Reserve currency and assessment f o r Board's expenses.

4,774,953
5,948,090
11,151,892
5,527,275
1,998,561
5,557,440
2,871,263 .
8,503,905

75,611,850
77,260,892