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NOT FOR PUBLICATION BOARD OF GOVERNORS OF TEE FEDERAL RESERVE SYSTEM L.4.1 Federal Reserve Bank EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS. JANUARY 1956 Month Current earnings Discounts and advances Boston New York Philadelphia Cleveland $68,895 429,146 124,890 120,431 Richmond Atlanta Chicago S t . Louis 73,693 99,260 389,447 18,640 Industrial loans and commitments $2,213 255 -- 57,634 93,759 89,991 99,283 253 794 TOTAL January 1956 December 1955 January 1955 1,665,069 1,825,525 553,440 3,515 3,504 2,811 1,022,623 1,835,260 1,692,119 4,622,880 42,380,225 43,374,295 30,516,429 Total Current expenses 1956 Current net earnings , Profit and loss account Accrued dividends Unallocated net earg^ngs $2,401,363 11,381,304 2,696,469 3,748,932 $685,237 2,045,489 569,191 814,015 $1,716,126 9,335,815 2,127,278 2,934,917 $3,333 27,434 3,955 4,206 $80,927 447,757 99,444 147,618 $1,638,532 8,915,492 2,031,789 2,791,505 1,079 1,702 2,116 267 2,560,918 2,279,220 7,752,311 1,770,105 714,092 627,257 1,407,631 520,530 1,646,826 1,651,963 6,344,680 1,249,575 4,943 3,195 8,465 4,217 69,239 69,083 203,089 53,003 1,782,530 1,586,075 6,150,056 1,200,789 1,638 816 664 377 1,081,174 1,931,451 1,782,926 4,722,540 296,408 473,249 451,175 963,608 784,766 1,458,202 1,331,751 3,758,932 1,848 2,415 2,320 1,097 34,531 61,164 83,147 171,596 752,083 1,399,453 1,250,924 3,588,433 59,904 73,347 8,090 44,108,713 45,276,671 31,080,770 9,567,882 9,764,989 8,800,391 34,540,831 35,511,682 22,280,379 67,428 1,520,598 33,087,661 -102,209 1,445,430 20,732,740 $2,038 10,905,453 U 46,705 2,568,351 1,015 3,626,759 1,487 2,486,146 2,178,258 7,360,748 1,751,198 January Other sources $2,330,430 Minneapolis Kansas City Dallas San Francisco U. S. Govt, securities y of February 23, 1956 ' 1/ Includes earnings on U. S. Government s e c u r i t i e s not in System Open Market Account: New York, January 1956, $180,638; December 1955, $594,508; January 1955, $24,297. 2 / Includes amounts f o r current quarter applicable to i n t e r e s t on Federal Reserve notes. 3/ Includes earnings of $44,142 on acceptances.
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