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FEDERAL RESERVE SANK of KANSAS CITY DEC 2 4 1959 RESEARCH LIBRARY L.U.I NOT FOR PUBLICATION Current earnings Reserve Discounts and advances Bank Boston New York Philadelphia Cleveland U. S. Govt, securities y Total Current net earnings Current net earnings 5/ Profit and loss account Interest on F. R. notes since January 1 Unallocated net earnings $1,025,691 $25,289,398 5,995,182 131,983,584 1,235,340 28,913,926 1,969,695 43,494,623 $6,647,309 34,961,713 7,562,648 11,320,968 Accrued dividends y •$33,065,329 173,196,077 37,703,251 56,770,941 $-102,931 -255,598 8,663 14,345 832,750 847,935][ 1,739,824!! 690,300]; 4,895,593 4,201,469 13,859,390 2,916,030 40,593,794 33.263,269 117,187,550 24,192,862 6,878 7,422 49,235 7,472 930,742 1,063,346 2,845,365 696,153 31,374,089 25,294,717 90,713,768 18,586,895 8,295,841 6,912,628 23,677,652 4,917,286 469,9471! ! 657,199] 643,612]! 1,305,626!! 1,665,339 3,407,092 2,941,080 8,759,168 13,126,983 28,520,861 24,902,088 73,825,951 3,000 -29,692 1,646 815,933 474,369 849,331 1,196,489 2,509,292 9,930,480 21,881,758 18,429,121 57,248,793 2,725,134 5,760,080 5,278,124 14,883,799 12,130,815 78,556,375 124,351 90,687,190 2,923,131 87,639,708 12,291,685 77,197,781 104,354: 89,489,466 3,030,032 86,355,080 10,990,632 44,340,792 88,389 55,331,424 936,050 54,306,985 24,583,928 761,813,184 1,155,843 787,552,955 131,203,999 656,348,956 942,191 683,976,089 124,546,544 559,429,545 5,495,658 677,538,240 656,348,956 559,429,545 526,373 370,076 . 132,705 443,191 488,898 54,860 5,594,130 4,600,441 15,105,409 3,550,014 Minneapolis Kansas City Dallas San Francisco 146,226 299,324 99,482 93,898 1,988,165 3,762,561 3,484,024 9,969,979 1959 1959 1958 1959 1958 Other sources Current expenses January - November ]L959 1959 S869,664 $3,931,932 2,350,971 i 20,847,329 613,780 j 4,463,692 6,668,261 1,109,207 $68,651 $4,732,333 777,351 22,317,708 4,977,700 99,177 219,368 7,557,244 Richmond Atlanta Chicago St. Louis TOTAL: November October November Jan.- Nov. Jan.- Nov. November of Month Federal EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, November 1959 $612 ] $4,801,596 103,241 23,1^8,300 5,077,472 595 856 i 7,777,468 1,508 5,728,343 5,049,404. 5,772 15,599,214 4,907 1,456 ; 3,606,330 895 2,406 1,186 917 2,135,286 4,064,291 . 3,584,692 10,064,794 132,943,182 20,790,995 503,141,152 19,393,882 448,005,219 i 92,400,520 1/ Includes earnings on U. S. Government securities not in System. Open Market Account: New York, November 1959, $351,442; October 1959, $116,680; November 1958, $164,269; January-November 1959, $1,657,625; January-November 1958, $952,104. Zj Includes earnings on acceptances: New York, November 1959, $101,058; October 1959, $75,244; November 1958, $75,431; January-November 1959* $860,521; January-November 1958, $714,626. 2J Includes amounts for current month applicable to interest on Federal Reserve notes. BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM DIVISION OF BANK OPERATIONS December 21, 1959