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FEDERAL RESERVE. tiAMK
of KANSAS CITY
FEB 2 9

::vu

RESEARCH LIBRARY

L.U.I

NOT FOR PUBLICATION

EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, January i960

Current earnings

I960

January

Of

Month

Federal

Current
net
earnings

Profit
and
loss
account

Interest
on F. R.
notes since
January 1

Unallocated
net
earnings

Current
expenses

Current
net
earnings

$818,598
2,513,284
688,136
1,021,259

$4,214,431
21,316,102
4,728,581
7,030,759

$7,166
56,032
-3,485
10,834

$95,963
553,405
114,314
181,786

$4,125,634
20,818,729
4,610,782
6,859,807

844,434
856,020
1,738,783
661,612

5,115,899
4,372,423
14,639,430
3,285,716

5,992
6,185
21,369
5,079

86,927
101,621
269,371
65,020

5,034,964
4,276,987
14,391,428
3,225,775

482,672
616,624
603,140
1,375,013

1,693,476
3,594,826
3,314,452
9,371,524

4,857
5,806
5,307
15,128

44,247
79,844
112,035
238,624

1,654,086
3,520,788
3,207,724
9,148,028

140,270
1,943,157
82,677,619
12,219,575
January i960
94,897,194
245,531
3,048,346 91,603,317
85,174,457
13,498,706
98,673,163
December 1959
314,495 i
3,144,047 95,214,621
1,834,647
6,911
45,261,210
11,656,249
January 1959
122,599 ' 56,917,459
1,196,905 55,597,955
l/ Includes earnings on U. S. Government securities not in System Open Market Account: New York, January i960, $71,308;
December 1959, $145,120; January 1959, $111,719'
Y ,
.
2/ Includes earnings on acceptances: New York, January i960, $194,051; December 1959, $214,930; January 1959, $101,082.
3/ Includes amounts for current month applicable to interest on Federal Reserve notes.

80,874,732

Reserve
Bank

Discounts
and
advances

U. S. Govt,
securities

y

Boston
New York
Philadelphia
Cleveland

$69,359
524,795
195,974
126,156

$4,962,408
23,105,521
5,219,704
7,924,658

Richmond
Atlanta
Chicago
St. Louis

93,422
384,608
532,145
223,722

5,866,104
4,824,103
15,839,797
3,722,607

Minneapolis
Kansas City
Dallas
San Francisco

89,589
262,820
255,119
290,637

2,084,824
3,945,487
3,653,409
10,454,695

Other
sources
2/

Total

$1,262 1i $5,033,029
23,829,386
199,070
5,416,717
1,039
8,052,018
1,204
807
5,960,333
5,228,443.
19,732
16,378,213
6,271
999: 3,947,328
1,735
3,143
9,064
1,205

2,176,148
4,211,450
.3,917,592
10,746,537

Accrued
dividends

u

TOTAL:




-

43,433,474

BOARD OF GOVERNORS
OF THE FEDERAL RESERVE SYSTEM
DIVISION OF BANK OPERATIONS
February 24, i960