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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

C 08 F I D E N T I A L

EARNINGS AMD EXPENSES OF FEDERAL RESERVE BANKS, JUNE, I9U9

L.k.l

of
Month
Earnings from —

Federal
Reserve
Bank

Boston
New York
Philadelphia
Cleveland

Discounts
and
advances

$16, I486

Industrial
U.S. Govt,
loans
securities
and
commitments
$37

93,477
13,756
20,35k

1,971
597

Richmond
Atlanta
Chicago
S t . Louis

lk,951
9,260
26,719
10,3k)

19k
276
9

Minneapolis
Kansas City
Dallas
San Francisco
TOTAL
June
*^9
May
'£9
June
»k8
Jan.-June ' 49
Jan#-June f k8

3,858
lk, 96l
k, 920
12,151

; 76

2kl,236 3,160
390,291 3,766
3kl,k80 k,303
2,089,315 23,7k9
1,929,533 33,790




l/

Other
sources

June

Total

January - June 1949

19U9

Current
expenses

July 26, I9L9.

Current
net
earnings

Current
net
earnings

Profit
and
loss
account
(credit)

Accrued
dividends

$8,851,775 $1,677,687 $544,248
5,951,207 2,089.459
51,815,510
9,158,255 1.788.978 445.550
576,619
12,297,997 2,556.099

Interest
on F. R.
notes t o
Mar. 51

Earmarked
f o r continUnallocated
gent
reserves
1/

$4,011,966 $996,000 $5,157,248
14,526,689 5,657,000 17,711,569
5,258,175
4,177,750 1,046,000
1,406,000
7,056,940
5,614,557

$l,757,0k0
6,085,k9l
1,729,491
2,368,121

$k79.805
1,575,91k
kk5,9&k
604,571

$1,277,255
4,511,577
1,285,527
1,765,550

1.771
2,950
k,99l
1,505

1,63k, 201
1,365,153
5.790.875
1,573,305

466.510
341.928
941,352
564,625

1,167,691
1,021,205
2,849,521

1,008,680

8,270,547
7,007,676
19,594.118
6,939,893

1,557.599
1,516,792
5,558.566
1,266.075

266,559
240,865
775,081
202,417 •

945,000
5,841,070
5,215,820
795,000
8.852.555 2,191,000
790,000
3,221,590

4,777,517
4,074,795
11,136,270
5,991,939

686
815,558
1,218,512 18.k3k
1,089,703
1.959
2,232,260
578

820.102
1,251,907
1,096,582
2,2k5,065

201.5H
328,240
284,164
617,055

618,591
925,667
812,418
1,628,052

4,260,206
6,296,587
5,670,555
11,666,052

701.561
1,108,530
1,089,450
2,555,211

155,745
214,990
242,774
580,327

1,933,754
2,896,184
2,611,855
5,452,841

477,000
714,000
647,000
1,560,000

2,415,070
5,579,7k5
3,258,176
6,608,075

60,156,549 15,000,000
39,826*622

75,025.525
52,850,255

$1,737,982 $2,535
5,979,608 12,k06
607
1,713,157
2,323,532 23,638
1,617*285
1,350,647
3.759,15k
1,361,k55

25,198,853
26,968,170
22,176,197
168,303,775
129,768,193

72,060 25,515.509 6,649,615
63,292 27,1*25,519 6,576,679
22,592,269
5,708,085
70,289
I70,61kJk70
59,027,759
397,631
kl2,321 132,lk5,857 54,467,295

18,865,694
20,848,840
16,884,184
151,786,751 151,786.751 24,507,555 6,112,412
927,604 5,927,291
97,676,544 97,676.544

Includes amounts f o r current quarter applicable t o two preceding items.