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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Not for publication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