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C 0 N ? I'D B H T I A L
Hot for publication
Federal
Reserve
Bank

EARNINGS AND EXPENSES OF FEDER.iL RESERVE BANKS, MAY 1945
of

Month
Earnings from
Discounts
and
advances

Boston
New York
Philadelphia
Cleveland

Industrial U. S, Gov't s e c u r i t i e s
loans
Other
Option
System
and commit- Account
sources
Account
ments

288,016

705,175
580,21*0
1,585,708
517,880

1*1*1,1*1*5
185,517

108
92
2,158

263,408
497,966
422,721
1,082,995

8,369
12,511
8,008
117,928

429
12,667
9ll
4,430

283,987
529,090
451.9U5
1,218,570

11,921
11,111*
53,558
56,007

9,569,295
9,ool*,752
7,190,835
45,349,865

1,657,421 47,854
1,578,156 42,570

11,537,9a

401

680,967

Minneapolis
Kansas City
Dallas
San Francisco

11,781
5,838
210
11,081

590
31
«*<•»

163,215

l/
5/




225,670

1,266
1,041
12,148
4,522

9,859
2,812
23,827
12,519

BOARD OF GOVERNORS
OF THE FEDERAL RESERVE SYSTEM
DIVISION OF BANK OPERATIONS
JUNE 16, 1945

$280,551
9U7.331
285,879

12,680
10,005
249,184
76,655

Richmond
Atlanta
Chicago
S t . Louis

670,989
169,050

$251,500
799,1*01
21*5,1419
512,807

566,382
1,297,959
424,175

$32,737
1,015,128

70,606

Total
Net
current
operating
expenses l / expenses 2 /

30,577

$683,158
1,930,081
723,416
996,067

27l,U55
150,11*6

$728,115

1945
Current expenses

5,110,931
801,017
1,01*7,290

$57lt
18
7,955
14

191*5
191*5
I9LL
1945
I9I4I4

Total

"

$64o
3,575
597
5,827

$11,004
162,531
5,188
15,005

TOTAL •
May
April
May
Jan;-May
Jan.-May

May

52,212,594

63,861

1,291,341

47,214

7,560,460 222,318
5,656,405 225,092

10,786,558
8,654.054
53,859,637
58,426,152

B-811
January 2H!
Amount
Profit
available
Accrued
and
Current
for reserves,
dividends
loss
net
l o s s e s , and
account
{[earnings
surplus

1
Current
net
earnings

$1*1*7,582 $2,125,171*

2,165,600 9,271,521*

$185,217

$254,271 $ 2 , 0 5 2 , 1 2 0

1,495,956 8,555,958
515,276 2,200,464
418,052 2,900,102

515,138
758,590

2,550,1*1*1
5,197,961

578,589
185,299
120,174

21*2,865
505,916
207,701

1*17,157
557,575
1,077,792
310,179

1,991,111*
1,610,576
5,112,1*15
1,529,560

184,877
155,210
277,598
80,275

167,272 2,008*719
150,428 1,595,557
497,695 4,892,118
155,124 1,276,409

94,487
186,1*56
11*8,21*2
1*28,505

100,91*
20l*,766

321*, 321*

851,879

68,811
114,158
98,225
198,468

91,048
133,429
158,697
574,360

5,W7,559
5,544,754
3,358,99k

4,020,415
3,850,635
4,555,960
19,579,412
20,646,551

168,312

16,905,660
16,255,528

508,900

160,1*55
1*87,166

105,07$!

1,1*66,295

271,5128 1,182,017
751,404 3,853,469

809,642
1,447,005
1,141,545
5,657,577

7,517,529
6,935,903
4,280,074
54,280,225 54,280,225 2,222,677 4,165,888 52,337,012
17,779,821 17,779,821 1,011,085 5,908,577 14,882,52?

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