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C O N F I D E N T I A L "lot f o r p u b l i c a t i o n EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, JANUARY 1 9 4 5 B-311 Federal Reserve Bank Boston Hew York Philadelphia Cleveland _af_ Earnings from — DisI n d u s t r i a l TH 31 G o v t , s e c u r i t i e s counts loans System Option and and commitadvances ments Account Account January. JAIIA. Current expenses Other Current net earnings Profit and loss account Total Net operating expenses l / Total current expenses 2 / $28:3,372 921,230 304,918 330,866 $399,359 1,740,636 447,777 649,502 $41,006 140,084 44,038 57,712 $50,540 297,768 61,428 83,027 $38^,324 1,582,953 430,387 624,137 32,854 29,561 98,363 418,289 317,306 1,105,887 236,803 sources $1,941 25,912 1,163 2,621 $713 29 7,988 1,069 $657,745 1,924,877 681,813 942,232 $26,601 706,515 60,704 28,294 $731 4,253 1,027 6,152 $687,731 2,661,916 752,695 980,363 $254,920 750,403 Richmond Atlanta Chicago S t . Louis 776 438 2,651 9,130 545 72 643,636 521,826 1,230,538 ' 442,213 16,446 6,187 368,356 29,305 1,256 655 11,405 2,025 662,659 529,178 1,612,950 482,701 196,533 175,563 444,912 220,362 246,349 211,057 478,445 246,132 416,310 318,121 1,134,505 236,569 34,832 28,745 69,744 26,335 Minneapolis Kansas C i t y Dallas San F r a n c i s c o 493 5,814 195 l 9,613 13,341 148 12,570 92,581 2,274 151,836 310,947 97,913 216,402 179,130 368,369 173,499 281,893 222,548 764,853 16,659 27,4o6 23,850 55,618 51,165 121,307 16,333 12,845 15,162 34,517 3,332,358 3,435,688 3,157,692 3,889,233 4,070,869 3,936,043 6,785,572 6,617,709 3,337,336 TOTAL J a n u a r y 1945 December 1944 J a n u a r y 1944 28 127 261,158 466,443 392,423 1,039,722 9,204,626 9,080,000 5,920,843 90,163 638 1,062 271,412 498,295 401,678 1,133,222 1,364,247 1,425,005 1,257,538 41,922 47,104 44,149 10,674,805 10,688,578 7,273,330 8,422 250,434 303,400 180,562 26,101 18,002 172,156 26,412 282,886 26,498 73,989 219,900 746,482 566,029 824,543 6,527,060 304,716 776,512 2,365,538 1 / Operating expenses a f t e r deducting reimbursable expenses. c j / N e t o p e r a t i n g e x p e n s e s p l u s c o s t o f F e d e r a l R e s e r v e c u r r e n c y and a s s e s s m e n t f o r B o a r d ' s e x p e n s e s , BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM DIVISION OF BANK OPERATIONS FEBRUARY 1 9 , 1 9 ^ 5 . Accrued dividends Amount available for reserves, l o s s e s , and surplus
@FedFRASER