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CONFIDENTIAL
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
June 18, 191*6

EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, MAY, I9U6

L.4.1

Month
Federal
Reserve
Bank

Boston
New York
Philadelphia
Cleveland

Industrial
Disloans
counts
and
commitand
ments
advances
$10,465
36,752
8,627
24,955

Richmond
Atlanta
Chicago
St, Louis

9,028
5,472
31,415
7,157

Minneapolis
Kansas City
Dallas
San Francisco
TOTAL
May
1946
April
1946

3,145
4,367
2,071
-1,011

19U5

Jan.-May I9U6
Jan.-May 1945




142,377
215,195
271,455
905,761
670,989

Earnings from —
U.S. Govt, securities
System
Account

Option
Acc ount

5,098
192

$758,557
2,028,944
855,218
1,117,074

$28,021
1,071,549

145

755,465

21,544
6,552

$505

619,721

5,905
5,965
11,921
21,540
56,007

186,888

2,406,870

47,401

98,495
148,187
158,482
414,876.

999,754
1,785,452
1,528,448
4,181,478

7,665,917
7,442,506
7,517,529
4,020,415
22,550,465 40,554,820 40554,820 1,690,170 4,514,116
19,579,412 54,280,225 5^280,225 2,222,677 4,165,888

37,510,874
32,557,012

$2,516,635
10,024,050

564
2,415
12,172
4,2o4

786,544
655,958
I,650,527
598,252

258,564
210,856

294,864
245,967
790,549
256,489

491,680
589,991
859,778
541,765

2,489,575
2,022,228
5,841,595
1,752,578

140,698
250,055
201,095

2o4,448 1,050,826
567,169 1,850,745

107,180

4,007

545,146
597,224
497,807
1,515,922

126,552

17,885

-497
12,998

12,025

9,569,295
55,343,580
45,549,865

104,585
88,281
225,797
56,521

10,897
519
9,965

$452,845
2,067,644
527,279
782,068

28,055

6,259

560

1,647,405 58,152
1,577,501 59,130
1,657,421 47,854
8,147,527 267,277
7,560,460 222,518

12,^50,758

707,854
235,169

219,161

189,454
571,225

4,294,908

4,055,168
11,557,944 5,487,559
62,685,285 19,826,279
55,859,657 16,905,660
II,958,041

Accrued
dividends

Amount
• available
for reserves,
losses, and
surplus
$2,568,121
8,851,586
2,625,297
5,626,475

$564,815
1,080,478
572,504
598,127

52,121

Profit
and
loss
account

$120,424 $268,938
450,751 1,605,195
555,108
2,829,112
151,295
452,562
165,795
5,915,242

$521,184
967,658
521,548
567,725

550,475
561,974
489,057
1,205,684
10,102,252

Current
net
earnings

$797,658
5,148,122
899,585
1,180,195

270,041
26,615

10,598,921

Total

Current expenses
Current
Total
Net
net
current
operating
earnings
expenses l / expenses 2 /

$552

1,556,701
560,295

Other
sources

January - May"1946

W

May

~oF

4n,584

296,714

1,615,189

904,558 4,429,447

82,896

71,741
166,907

166,914
556,700
145,775

1,945,595
5,528,492
1,665,526

4,784,821
4,515,555