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CONFIDENTIAL BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM L.4.1 EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, JANUARY, 1950 Month Earnings from — Federal Reserve Bank > Discounts and advances Industrial loans and commitments Other sources Total 1950 Current expenses Current net earnings Profit and loss account (credit) Accrued dividends Unallocated . \ $1,661,970 5,622,266 1,604,435 2,234,243 $458 11,981 1,125 18,312 $1,671,429 5,670,323 1,621,544 2,270,899 $435,406 1,406,703 413,472 577,916 | $1,236,023 4,263,620 i 1,208,072 1,692,983 $260,627 921,066 274,210 359,640 $60,144 363,650 76,023 99,243 1 $1,436,506 4,821,036 1,406,259 1,953,380 1,557,124 1,291,303 3,653,814 1,328,863 914 1,182 3,536 520 1,567,030 1,297,185 3,671,703 1,334,858 448,707 342,561 912,690 412,487 1,118,323 954,624 2,759,013 922,371 244,512 200,969 535,141 203,399 46,459 41,939 135,719 35,249 1,316/376 1,113,654 3,158,435 1,090,520 80 746,997 1,120,213 1,092,614 2,193,090 4l4 18,818 738 970 750,598 1,144,992 1,096,634 2,203,449 206,357 329,684 302,562 542,545 544,241 .815,308 794,072 1,660,904 114,689 183,657 170,740 357,302 23,716 37,478 42,856 101,622 635,215 961,487 921,956 1,916,584 9,098 8,505 4,296 24,106,932 24,329,156 31,200,790 58,968 66,762 65,078 24,300,644 24,655,345 31,703,200 6,331,090 6,792,814 6,394,653 17,969,554 17,862,531 25,308,547 3,825,952 1,064,098 20,731,408 5,844,129 1,010,721 30,141,955 Boston New York Philadelphia Cleveland $9,001 36,076 8,246 17,923 Richmond Atlanta Chicago S t . Louis 8,561 4,700 14,319 5,425 431 Minneapolis Kansas City Dallas San Francisco 2,843 5,961 3,282 9,309 344 TOTAL January 1950 December 1949 January 194-9 125,646 250,922 \ 433,036 U. S. Govt, securities January of $7,738 421 34 50