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EDERAL RESERVE BANK of KANSAS CITY JAN 2 7 !9rfi NOT FOR PUBLICATION la.I. EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS.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 26,791,945 785,316 Jan.-Dec. 1956 23,024,697 50,593 5 7 1788,486 .1^,^ , ^ 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
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