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NOT FOR PUBLICATION 7 c ~ A L L.4.1 ... f BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM R E S E R V E BANK iV1 c , . f , , ,,TV KAi \ibrtb U! I Y RBSCARCtf°ff8RARY Current f Federal Reserve Bank Boston New York Philadelphia Cleveland $20,696 154,245 40,137 37,709 $1,778 499 26,576 Minneapolis Kansas City Dallas San Francisco 11,516 30,811 83,670 19,001 52,627 25,398 28,344 1954 530,730 1954 424,154 783,042 1953 1954 3,478,513 1953 15,276,054 December Other sources Total $1,825,859 8,486,900 $1,617 3,979 2,836,074 1,250 1,448 $1,848,172 8,645,124 2,056,977 2,875,730 2,013,812 627,771 1,393,147 562,977 1,336,877 1,089,386 4,477,117 841,168 302,846 466,500 410,542 915,430 522,093 1,015,247 915,556 2,731,603 9,701,348 8,954,775 9,365 25,166 43,270,858 11,082,845 113,371 438,486,040 109,732,931 170,696 513,037,237 113,515,020 24,039,554 25,375,667 32,188,013 328,753,109 399,522,217 2,043,516 1,717,157 5,870,264 1,404,145 385 277 1,427,651 812,600 438 1,192 448 824,939 1,481,747 3,618,033 656 33,191,756 33,893,834 42,454,688 434,837,470 497,454,961 15,280 33,740,902 34,330,442 7,962 56,686 135,526 Current net earnings $16,186,668 90,004,187 19,751,828 27,290,869 1,047 932 1,795 3,089 Current net earnings 6,614,428 1,474,729 1,889,242 2,015,796 1,685,324 5,784,789 1,384,666 1,300,252 Current expenses $1,132,108 97 90 10 3,136 January - December 1954 earnings y Richmond Atlanta Chicago S t . Louis TOTAL Dec. Nov. Dec. Jan.-Dec. Jan.-Dec. of Industrial U. S. Govt, loans rities and commit- s e c uarit ments Discounts and advances January 31, 1955 EARNINGS AMD EXPENSES OF FEDERAL RESERVE BANKS, DECEMBER> 1954 478 1,326,098 3,647,033 $716,064 2,030,696 582,248 986,488 706,639 Profit and loss account Accrued dividends $13,765,123 73,549,613 16,779,300 23,166,338 $1,529,567 11,437,171 1,864,594 2,574,091 18,047,581 15,216,693 59,979,070 12.099.517 731,160 15,573,733 -12,198 707,940 13,012,038 -50,740 -76,647 2,164,551 51,963,902 568,325 10,380,897 3,323 1,730,490 1,445,975 5,773,970 7,346,674 13,673,883 -55,866 12,299,621 36.856.518 fr-9,081 $882,897 38,639 5,056,042 3,352 1,111,286 26,674 1,577,114 Transferred I n t e r e s t on to surplus F. R. notes <64c. 7) 1,153,618 4,404 698,678 6,287,237 365,163 627,677 11,691,201 1,299,139 826,455 9,632,252 1,839,281 -1,633 -3,868 1,823,626 30,487,823 4,541,201 328,753,109 -133,641 16,442,236 276,289,457 35,887,775 399,522,217 -1,058,993 15,558,377 342,567,985 40,336,862 l / Includes earnings on U. S. Government s e c u r i t i e s not in System Open Account: New York, and December 1954, $34,565; November 1954, $9,203; December 1953, $606,750; January-December 1954, $525,632; January-December 1953, $1,716,156.
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