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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