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CONFIDENTIAL
Not for publication

'

EARNINGS AND EXPENSES OP FEDERAL RESERVE BANKS, JUNE I9U5
of

Month
Federal
Reserve
Bank

Earnings from — —
Industrial U. S. Gov't s e c u r i t i e s
Disloans
counts
System
Option
and commitand
Account
Account
advances
ments

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

III

II si

Jan.-June 1945
Jan.-June 1944

B-811
January «- June 1945

1945
Current expenses

Other
sources

Total

Net
Total
operating
current
expenses l / expenses 2 /

Current
net
earnings

Current
net
earnings

$6,981
186,373
6,491
10,169

$492
17
5,671
13

$704,231
1,984,341
. 730,094
1,012,821

$18,905
960,813
57,058
21,288

$941
4,221
645
6,418

$731,550
3,135,765
799,959
1,050,709

$237,086
722,858
236,247
343,863

4,299
1,942
12,739
9,852

2,372
735
31

686,710
577,481
1,366,286
458,162

9,408
7,346
236,271
26,158

1,308
1,545
10,893
5,572

704,097
588,314
1,626,924
499,775

225,157
178,646
468,938
191,259

276,779
225,245
537,703
221,938

427,318 2,418,432
363,069 1,973,644
1,089,221 6,201,635
277,837 1,607,397

86
100
1,887

269,200
501,161
424,984
1,124,328

9,281
8,045
7,953
97,698

551
13,345
621
2,365

286,047
526,486
433,805
1,252,719

97,334
202,007
151,500
340,662

103,299
224,160
163,167
403,686

182,748 1,014,627
302,326 1,768,620
270,638 1,452,656
829,033 4,662,503

1,460,224 48,425
1,637,421 47,854
1,259,835 46,231
9,020,684 270,743
6,916,237 271,323

11,616,150
11,537,944
8,806,122
65,475,787
47,232,274

3,395,557
3,487,539
3,380,330
20,299,217
19,633,658

3,941,331
4,020,415
4,267,745
23,520,743
24,914,077

7,015
3,849
147
6,44l
256,298
271,455
68,606
927,287
237,656

11,404 9,839,799
11,921 9,569,293
32,677 7,398,773
67,411 55,189,662
195,891 39,611,167

BOARD OF GOVERNORS
OF THE FEDERAL RESERVE SYSTEM
DIVISION OF BANK OPERATIONS
JULY 16, 191*5




June

Profit
and
loss
account

$255,917
$475,633B$2,598,807 $183,070
875,785 2,259,980111,531,305
581,589
281,375
518,5841 2,849,025
183,529
372,277
181,915
678,4321 3,876,393

Amount
available
Accrued f o r reserves,
dividends losses, and
surplus
$305,553
1,794,262
376,972
502,610

$2,476,324
10,318,631
2,655,582
3,555,699

184,474
139,209
279,260
82,672

201,186
180,933
599,119
160,718

2,401,720
1,931,920
5,881,776
1,529,351

68,831
114,360
57,383
198,538

109,460
160,659
167,195
451,517

973,998
1,722,321
1,342,843
4,409,523

7,674,819
7,517,529
4,538,377
41,955,044141,955,044 2,254,830 5,010,184
22,318,197[22,318,197 1,158,163 4,697,605

39,199,688
18,778,755

l / Operating expenses a f t e r deducting reimbursable expenses.
5 / Net operating expenses plus cost of Federal Reserve currency and assessment for Board's expenses.
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