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L.U.l NOT FOR PUBLICATION Federal / n. i Disc<^[ts and advances U. S.£g2>vt. Boston New York Philadelphia Cleveland $47,445 $4,979,041 23,121,371 5,301,800 7,960,259 Richmond Atlanta Chicago S t . Louis 60,944 129,520 305,096 28,052 Minneapolis Kansas City Dallas San Francisco 165,188 Bank 1/ 2/ 3/ June I960 January-June I960 earnings Reserve TOTAL: June May June J an.-June Jan.-June EARNINGS AND EXPENSES OF PEEERAL RESERVE BANKS, June I960 I960 i960 1959 1960 1959 115,811* 116,712 31,257 111,815 89,557 73,5Ui 1,305,2114 1,731,302 2,613,607 .2,973,020 9,989,0214 seciflttties y 5,8614,318 5,080,121* 15,857,886 3,711,657 2,1149,957 3,976,655 3,733,818 10,889,035 Other sources y Total $9,2148 j $5,035,731 132,633 ! 23,372,821 10,023 | 5,131,535 17,235] 8,008,751 8,056 11,812 23,6142 6,2114 5,788 8,831 9,995 21,221 Current expenses Current net earnings Current net earnings Profit and loss account $855,856 2,51.5,651 $14,179,878 20,827,170 6,922,155 $25,229,821 126,526,295 27,937,326 41,642,911 $1,154,577 2,056,584 864,483 907,469 $583,505 3,379,328 693,466 1,097,604 $20,884,696 98,390,045 22,550,352 33,970,139 $4,916,197 26,813,506 5,557,991 7,482,637 1,224,889 927,653 529,760 621,508 1,640,856 397,037 24.949.193 20.410.194 70,453,986 15,071,269 6,032,534 5,732,496 17,011,656 3,790,328 272,502 492,210 16,263,262 8,420,594 2,572,827 5,016,900 4,391,940 11,533,297 6614,553 ! 14,766,982 1,086,296 I 5,933,318 5,221,186. 16,186,62U 3,778,923 966,559 892,293 1,791,395 685,685 It,966,759 1,329,193 114,392,229 3,093,238 30,286,598 25,836,545 87,498,190 18,756,471 2,297,560 It,150,971 3,833,370 10,983,803 176,572 705,285 635,675 1,820,988 10,951,711 21,225,005 92,66U,92l4 2614,731 91*, 23U,899 95,6014,928 126,297 97,165,527 60,511,436 1143,913 63,298,956 552,988,322 1,092,690 567,054,032 352,088,158 653,360 362,730,5142 l,U6o,266 3,10+5,689 3,197,695 9,523,537 19,211,645 56,410,170 1,608,308 502,163 314,212 547,367 544,935 1,458,394 Accrued dividends 683,861 1,448,109 Interest on F. R. notes since January 1 14,680,779 44,887,158 y 12,769,086 12,711,2147 11,953,160 81,1465,813 84,754,280 51,345,796 75,541,344 491,512,688 491,512,688 12,111,034 11,839,746 390,931,667 7 0 , 2 l a , 8 1 a 292,488,701 292,488,701 622,345 11,225,028 208,474,017 I n c l u d e s e a r n i n g s on U. S. Government s e c u r i t i e s not i n System Open Market Account: New York, June I960, $14,357; May i960, $416,165; June 1959, $37,439; January - June i 9 6 0 , $1,154,032; J a n u a r y - June 1959, $726,289 I n c l u d e s e a r n i n g s on a c c e p t a n c e s ; New York, June i960, $88,601; May i 9 6 0 , $100,224; June 1959, $69,242; J a n u a r y - June i 9 6 0 , $758,800; J a n u a r y - June 1959, $480,887. I n c l u d e s amounts f o r c u r r e n t month a p p l i c a b l e t o i n t e r e s t on F e d e r a l Reserve n o t e s . BOARD OF GOVERNORS Unallocated net earnings 100,852,309 73,412.001 OF THE FEDERAL RESERVE SYSTEM DIVISION OF BANK OPERATIONS J u l y 21, I960.
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