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\r ONFIDENTIAL Not for publication EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, DECEMBER, I9U5 Month Federal Reserve Bank Earnings from — Industrial U . S . Gov't s e c u r i t i e s • Disloans counts Option System and commitand Account . Account advances ments Boston New York Philadelphia Cleveland $11,209 108,157 11,361 12,609 Richmond Atlanta Chicago St. Louis 5,138 5,2*12 6,859 8,226 Minneapolis Kansas City Dallas San Francisco TOTAL Dec. Nov. Dec. Jan.-Dec, Jem.-Dec. 1945 1945 1944 1945 1944 of $44 0 3,L29 93 1,760 ill 2,25k 9,328 2,171 16,493 76 106 684 199,217 282,998 121,307 1,977,081 724,113 6,629 6,372 15,162 113,288 325,025 $861,272 December Other sources Total $28,595 939,509 68,295 33,022 $631 6,ii96 786,887 673,88b 1,719,977 613,520 12,701 5,152 222,291 30,21*9 1,873 12,367 5,1*81 1,961,535 657,476 353,588 633,037 51*2,413 9,399 13,133 8,025 88,4o4 906 13,532 998 3,129 366,147 669,406 553,7H 1,466,822 1,459,071 1,500,553 1,425,005 jyv 9 71*V AU| 37,416,220 15,393,298 54,229 45,943 47,104 13,782,237 12,977,86? 12,063,091 11,142,001 9,080,000 BOARD OF GOVERNORS JANUARY 18, 1946 Current net earnings Current net earnings 1,262 $902,147 3,41*9,052 . 972,744 $224,646 779,908 261,041 417,884 $244,464 955,466 309,707 461,540 1,568 808,054 240,126 192,198 508,848 177,865 284,906 227,299 593,943 213,798 523,148} 459,022! 1,367,5921 443,678 8 144,533 206,741 173,574 368,876 159,191 224,366 187,952 471,476 206,956 445,o4o 365,759 995,346 5,986 1,288,822 686,321 3,696,240 4,334,108 4,190,640 3,553,304 10,688,578 3,435,688 4,070,869 41,666,453 48,717,271 533,173 104,391,829 39,659,496 49,175,921 Operating expenses a f t e r deducting reimbursable expenses. OF Total current expenses 2 / January - December lQliS Profit and loss account Amount available Ac cured for reserves f dividends losses,and surplus T 2,391,890 888,399 1*237,112 1,358,112 Net operating expenses T 191+5 Current expenses BmQll $657,683 $6,037,665 -$582,264 2,493,586 24,402,565 929,905 305,666 663,037, 6,502,831 827,282 8,852,585 283,337 $618,318 3,627,446 765,606 $4,837,083 21^705,024 6,042,891 5,538,717 4,619,413 13,525,750 3,931,592 252,119 192,317 404,729 131,H7 409,879 367,516 1,215,381 326,314 5,380,957 4,444,214 12,715,098 3,736,395 2,311,764 102,250 141,428 111,365 -162,808 221,687 330,263 344,375 930,955 2,192,327 3,932,826 3,191,274 9,129,685 9,448,129 8,787,2271 6,617,709 93,492,275 93,492,275 2,109,161 10,182,852 55,215,908 55,215,908 3,615,202 9,500,128 85,418,584 49,330,984 4,121,661 3,424,284 10,223,44a 1,025,112 8,110,810