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J-eDERAL RESERVE BANK of KANSAS CITY L.it.l NOT FOR PUBLICATION . 19 1961 EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, December I960 °FSEARCH LIBRARY Federal Reserve Bank Boston New York Philadelphia Cleveland Month December of I960 Current earnings Discounts and advances $12,897 71,691 15,407 12,960 U. S. Govt, securities Total Current net earnings Current net earnings Profit and loss account $3,606,542 18,465,931 3,980,895 5,850,515 $48,535,419 246,341,203 54,052,795 80,521,299 $1,242,851 2,465,240 956,769 1,049,738 1,003,919 , 4,265,670 947,965 i 3,640,940 1,931,3111 12,346,097 773,082 | 2,602,231 58,466,303 50,034,760 168,016,431 35,839,322 1,328,514 1,018,234 2,018,687 567,194 Current expenses 5/ $4,461,325 20,867,939 It, 753,212 7,132,557 9,422; lU,682j 7,07ij 9,lli9| •28,1031 li,8761 5,269,589 4,588,905 14,277,408 3,375,313 1,926,106 3,45cj 8,477! 8,703' 1,933,902 3,599,599 680,923! 669,9511 9,779,096 1,577,264 I 27,860 10,312 l£, 11*6 5,254,550 1,551,896 lU,208,995 3,355,291 Minneapolis Kansas City Dallas San Francisco 4, 0l+6 27,957 5,827 1,030 3,563,165 3,315,578 9,756,802 $7,L75j $875,155 $4,481,697 21,114,519 4,778,041 7,160,199 Richmond Atlanta Chicago St. Louis 7,965 Other sources January - December 196(5" 171,8861 18,264 3,360,108 2,648,588 797,146 1,309,684 680,118 I 1,252,979 2,929,648 2,679,990 8,201,832 20,345,695 40,299,828 36,952,272 110,097,653 342,344 618,276 610,201 1,656,653 Accrued dividends Interest cm F. R. notes since January 1 $1,183,068 $46,597,203 6,802,299 233,806,145 1,398,843 51,585,421 2,219,154 76,281,883 1,083,429 1,264,939 3,333,632 801,826 550,681 1,003,470 1,380,653 2,926,231 55,718,988 46,417,055 158,382,686 33,936,191 18,891,558 36,794,934 33,818,920 104,585,376 Transferred to surplus $1,998,000 8,198,000 2,025,300 3,070,000 2,992,400 3,371,000 8,318,800 1,668,500 1,245,800 3,119,700 2,362,900 4,242,700 TOTAL: 69,823,270 83,718,376 13,895,106 246,101 83,177,716 294,5591 December I960 November I960 72,379,947 407,796 84,785,743 138,133] 85,331,672 12,951,725 98,673,163 13,498,706 85,174,457 December 1959 3,144,047 95,214,621 314,495 949,502,982 13,874,701 23,948,225 896,816,359 42,613,100 Jan.-Dec. I960 16,633,762 1,084,766,883 1,984,6121,103,385,257 153,882,275 949,502,982 741,523,410 98,247,253 22,721,687 910,649,768 -93,600,791 Jan.-Dec. 1959 27,727,975 857,027,803 1,470,338 886,226,116 144,702,706 741,523,410 l/ Includes earnings on U. S. Government securities not in System Open Market Account: New York, December I960, $160,885; November I960, $787,152; "*" December 1959, $145,120; January - December 1960, $3,547,240; January - December 1959, $1,802,745. 2/ Includes earnings on acceptances: New York, December I960, $132,391; November I960, $128,292; December 1959, $214,930; January - December i960, $1,384,813; January - December 1959, $1,075,451* . BOARD OF GOVERNORS Note: Details of January - December i960 figures may not add to totals because of rounding. OF THE FEDERAL RESERVE SYSTEM DIVISION OF BANK OPERATIONS January 13, 1961.
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