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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

C O N F I D E N T I A L

Month
Discounts
and
advances

Federal
Reserve
Bank

Boston
New York
Philadelphia
Cleveland

$12,033

120,640
11,352
24,690

Richmond
Atlanta
Chicago
S t . Louis

15,534
6,753
18,263
13,246

Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o

6,013
10,413
3,142
8,843

'49
'49
•48
'49
•48

Industrial
loans
and
commitments
——
- -

$7,299

438

429
11
- -

225

y - December 19^9
Earnings from -

U . S . Govt,
securities

Other
sources

Current
net
earnings

$1,229,671
4,483,768
1,241,618
1,586,917

^16,138,664

$1,596,100

16,633,600
22,145,081

6,990,521 4,220,220
2,094,618
895,650
2,665,022 1,156,753

14,873,882
12,786,024
35,443,658
12,469,979

1,827,400
539,948
1,534,181
485,448
3,917,245 1 , 5 5 6 , 0 9 7
1,491,788
407,193

12,261,570
10,490,252
28,681,442
10,294,486

2,178,868

1,165,637

5,936,360
2,116,055

3,187,004
1,144,033

7,697,921
11,401,503
10,142,387

828,271
272,831
1,312,070
432,591
1,280,336
492,888
2,734,320 1,177,731

6,268,253

1,288,565

9,328,916
8,272,076

1,738,526

696,543
1,036,624
919,239
1,899,132

$1,693,710
5,900,679

777
18,780

1,676,681
2,287,810

$464,039
1,416,911
435,063
700,893

1,561,859
1,304,359
3,630,324
1,314,796

1,171
2,242
3,383
1,330

1,578,993
1,313,354

454,034
357,827

1,329,372

414,313

1,124,959
955,527
2,573,912
915,059

787,608

375

794,221

222,906

571,315

346,739
304,662
597,358

752,404
1,568,294

103

250,922

8,505

24,329,156

66,762

263,840
425,399
3,471,924
4,370,951

5,8l4
1,692
51,293
56,484

22,976,061
31,985,611
312,240,932
298,903,034

l

' $

3,651,981

1,205,826
1,057,066
2,165,652

24,655,345

61,975 2 3 , 3 0 7 , 6 9 0
77,908 32,490,610
772,781 316,536,930
830,349 3 0 4 , 1 6 0 , 8 1 8

1,078,069

Transferred
to surplus
(See,7)

Current
net
earnings

$3,257
14,272

18,660




Total

Current
expenses

Interest
on F . R.
notes

Profit
and
loss
account
(credit)

$1,678,420
5,765,767
1,657,253
2,243,902

1,176,753
1,052,357
2,155,758

——

<k~.

° 0 JANUARY 2 6 , .1950

EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, DECEMBER

L.4.1

TOTAL
Dec.
Nov.
Dec.
Jan.-Dec.
Jan.-Dec.

&'

859,087

6,792,814 17,862,531
6,295,749 17,011,941
6,892,031 25,598,579
7 7 , 4 7 7 , 6 7 6 239,059,254
72,710,188 231,450,630

58,289,986

21,036,569

Accrued
dividends

$692,023

Reserves
f o r @8&tin.
•genei-ee

$12,877,827 $2,733,910
46,165,513 9,765,231
13,510,438 2,820,890
17,903,138 3,760,963

17,091,926

2,537,242

1,915,44a..
3,602,100

239,059,254

28,271,872 12,329,373 193,145,837 40,394,146

231,450,630

6,102,506 11,919,809 166,690,356 40,420,453

$1,431,004
5,129,543
1,501,240
1,989,249

1,362,522

21,461,770
18,522,518