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EDERAL RESERVE BANK

of KANSAS CITY
JAN 2 7 ! r i
9f

NOT FOR PUBLICATION

la.I.

EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS. DECEMBER 1957

RESEARCH LIBRARY

of

Month

Federal

1957

December

Current earnings

Reserve
Bank

Discounts
and
advances

Boston
New York
Philadelphia
Cleveland

$78,064
469,068
104,958
187,737

Richmond
Atlanta
Chicago
S t * Louis

75,455
143,439
398,654
56,532

Minneapolis
Kansas City
Dallas
San Francisco

26,984
192,232
68,925
104,465

Industrial U. S. Govt,
loans and s e c u r i t i e s
commitments

Other
sources

$3,872,474
18,679,771
4,144,170

$4,528
141,529

6,236,028

$1,248
748
76

27
104

186

%L

Current
expenses
Total
$843,081
2.329.969
596,316
1.282.970

$3,113,233
16,960,399

6,640

$3,956,314
19,290,368
4,254,984
6,430,481

4,536,061
3,677,309
12,392,186
2,935,983

4,829
4,071
12,239
3,422

4,616,345
3,824,819
12,803,106
2,995,937

842,468
702,464
1,680,648
749,115

3,773,877
3,122,355
11,122,458
2,246,822

1,532,064
3,048,013
2,782,209
8,083,734

2,144
4,477
4,658
7,668

1,561,296
3,244,908
2,855,792
8,195,867

380,103
646,193
744,752
1,169,129

1,181,193
2,598,715
2,111,040
7,026,738

5,108

TOTAL:
2,389
1,906,513
201,313
December 1957
71,920,002
67,064
67,362,390
2,490
2,256,183
November 1957
188,017
57,802,228
4,097
December 1956
1,856,735
735,371,329 1,144,311
39,945
Jan.-Dec. 1957 26,791,945
785,3161
Jan.-Dec. 1956 23,024,697
50,593
5 7 1788,486
.1^,^
, ^
1 / Includes earnings on U.S. Government s e c u r i t i e s not i n System

3,658,668
5,147,511

62,063,009
11,967,208
74,030,217
58,759,850
10,928,277
69,688,127
47,919,278
11,931,799
59,851,077
631,533,527
763,347,530 131,814,003
474.466,596
595,649,092 - 121,182,496
— » - f
Open Market A c c o u n t : N e w York, December

January-December 1957, $848,296; January-December 195^, $547,170.
NOTE: D e t a i l s of January-December 1957 f i g u r e s may not add t o t o t a l s because of rounding.




Current
net
earnings

Current
net
earnings

Profit
and
loss
account

January-December 1957
Interest
on F. R.
cotes
Accrued
since
dividends
January 1

$32,154,829 $-477,058 $1,029,223
5,838,197
167,403,077 -1,955,853
1,262,925
-495,974
37,975,265
-640,000
1,918,377
54,132,430
-497,070
37,840,469
-230,432
31,323,827
114,557,024 -1,000,277
-380,846
23,614,287
12,412,758
26,716,055
23,305,244
70.098,262

-210,935
-411,005
-276,803
-564,661

631,533,527 -7,140,914
-23.436
474,466,596
. v r ;—Xp 0l - ocq1957,$925,359,

Transferred
t o surplus
(Sec. 7)

$27,583,697 $3,064,850
143,648,153 15,960,873
3,621,631
32,594,736
46,4l6,66o
5,157,392

917,082
965,959
2,730,921
682,073

32,783,688
27,114,696
99,743,254
20,296,234

3,642,628
3,012,739
11,082,573
2,255,135

438,340

10,587,139
22,947,784
18,545,292
60,447,071

1,176,345
2,549,747
3,363,435
6.716,334

807,520

1,119,715
2,370,195

20,080,527
18,904,897

5^2,708,404 61,603,682
401,555,581 53.982,682

BOARD OF GOVERNORS
OF THE FEDERAL RESERVE SYSTEM
DIVISION OF BANK OPERATIONS
January 22, 1955


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102