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CP Kt- uv SAS CVTf 0'f VCP^S Li-' PUBL: NOT BOARD OF GOVERNORS OP THE FEDERAL RESERVE SYSTEM February 25# 1957# EARNINGS AMD EXPENSES OF FEDERAL RESERVE BANKS. JANUARY 1957 Month Current earnings Federal Reserve Bank Discounts and advances Boston New York Philadelphia Cleveland $36,824 154,184 125,706 87,924 Richmond Atlanta Chicago St. Louis 88,208 124,632 212,220 38,365 Industrial loans and commitments $1,235 1,455 89 Total 1957 Current expenses Current net earnings Profit and loss account Accrued dividends Unallocated net earnings $5,240 19,615 4,798 8,539 $84,209 470,753 103,372 156,343 $2,297,359 11,873,422 2,806,871 3,860,479 $3,096,501 14,296,275 3,385,218 4,872,570 $1,925 107,960 1,538 1,509 $3,136,485 14,558,419 3,513,917 4,962,092 $760,157 2,233,859 953,809 $2,376,328 12,324,560 2,905,447 4,008,263 3,468,480 3,557,505 3,033,397 10,044,133 2,391,659 773,564 683,469 1,505,311 576,698 2,783,941 2,349,928 8,538,822 1,814,961 6,823 4,340 12,313 2,948 74,617 78,113 223,248 55,688 2,716,147 2,276,155 322,883 1,406 4,210 35,989 65,440 90,257 195,566 964,243 1,946,764 1,704,609 5,024,243 78,382 1,633,595 45,560,402 67,428 1,520,598 33,087,661 608,470 43 9,828,854 2,351,980 1,272,435 2,440,989 2,238,972 6,303,926 1,017 3,813 1,021 528 1,321,709 2,526,951 2,267,148 6,352,662 476,518 1,137,063 998,826 2,008,290 1,790,630 5,215,599 56,452,882 136,541 188,017 59,904 57,666,077 59,851,077 44,108,713 10,550,462 11,931,799 9,567,882 47,115,615 47,919,278 34,540,831 48,079 81,203 27,155 48,208 178 946 TOTAL January 1957 December 1956 January 1956 1,072,708 3,946 4,097 3,515 1,665,069 y Other sources 2/ January 817 12,083 3,016 1,314 Minneapolis Kansas City Dallas San Francisco 1,856,735 U. S. Govt, securities of 2,896,682 57,802,228 42,380,225 jl/ incjLuaes earnings on u. o# uuverumens bccux-j.uico uw ^~ -—• — 518,661 —z — w * * ' 2/ I n S u d e ^ L r n i ^ s ^ o ^ a c c e p t S c e s ^ N e w p o r t , January 1957, $105,029; December 1956, $129,500; January 1956, $44,142. Includes amounts f o r current quarter applicable to interest on Federal Reserve notes• lt£ 8,327,887 1,762,221