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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

ROT FOR PUBLICATION

EARNINGS AND. EXPENSES OF FEDERAL RESERVE^!B&ft

L.4.1

"of

of
Current earnings

Month
Federal
Reserve
Bank

Industrial
U. S. Govt, Other
loans
and commit- securities sources
ments
1/

Discounts
and
advances

Boston
New York
Philadelphia
Cleveland

$49,527
521,089
140,617
129,089

Richmond
Atlanta
Chicago
St. Louis

77,180
144,587
332,162
41,535

28

69,300

257
779

Minneapolis
Kansas City
Dallas
San Francisco
TOTAL
Dec.
Nov.
Dec.
Jan.-Dec.
Jan.-Dec.

131,148
71,148
118,143

1955 1,825,525
1955 1,945,860
1954
530,730
1955 13,084,632
1954 3,478,513




December

$2,171
269

3,504
3,679
3,136
42,041
56,686

Total

1955
Current
expenses

KANSAS
JAN

CITY

TOPS'
net
earnings

January 23, 1956

ANK

January - December 1955

te-

I B

**N

earnings

Profit
and
loss
account

Transferred
Accrued Interest on to surplus
dividends F. R. notes (Sec. 7)

$2,086
$2,362,471
11,466,777 2/45,937
2,601
2,603,664
3,676,623
3,215

$2,414,084
12,033,803
2,749,053
3,809,196

$711,529
1,980,773
597,329
1,014,620

$1,702,555
10,053,030
2,151,724
2,794,576

$14,551,906
82,952,199
18,361,527
25,101,843

-$42,163 $930,216 $12,221,591 $1,357,934
-27,537 5,361,648 69,806,747 7,756,267
•18,055 1,169,206 15,456,865 1,717,401
-5,945 1,684,251 21,070,509 2,341,138

1,961

2,599,497
2,355,622
7,798,567

1,818,180

723,492
598,496
1,438,886
532,110

1,876,005
1,757,126
6,359,681
1,286,070

16,170,668
14,416,130
55,690,515
10,947,221

-52,523
799,651 13,786,647 1,531,847
-21,384
784,588 12,249,151 1,361,007
-56,824 2,356,233 47,949,747 5,327,711
617,044 9,274,574 1,030,506
-25,097

1,108,074
1,994,851
1,789,159
4,806,585

301,457
477,755
429,640
958,902

806,617
1,517,096
1,359,519
3,847,683

7,007,514
12,755,934
11,301,159
33,171,292

72,925
-19,672

45,276,671
9,764,989
9,356,017
37,686,565
9,701,348
15,280 33,740,902
383,339 412,487,931 110,060,023
113,371 438,486,040 109,732,931

35,511,682
28,330,548
24,039,554
302,427,908
328,753,109

302,427,908
328,753,109

2,520,328
2,208,207
7,461,950
1,775,276
1,036,682
1,860,493
1,715,384
4,686,440
43,374,295
35,691,033
33,191,756
398,977,919
434,837,470

2,828
4,455
1,369

1,835
2,431
2,627

2,002
73,347
45,993

668,109
399,257 6,013,073
688,430 10,843,053 1,204,779
931,086 6,491,494 3,861,877
-16,702
-52,479 1,990,325 26,577,270 4,551,218

-265,456 17,711,937 251,740,721 32,709,794
-133,641 16,442,236 276,289,457 35,887,775

1/ Includes earnings on U. S. Government securities not in System Open Market Account: New York,
December $594,508; November 1955, $51,355; December 1954, $34,565; January-December 1955,
$1,147,373; January-December 1954, $525,632.
2/ Includes earnings of $38,606 on acceptances.