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L.U.I

NOT FOR PUBLICATION

Federal
Reserve
Bank

jUN &

EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, May I960

" l96 °

-RtSBSCti
Month

of

May

1260

dam larv-wav xvoc

Current earnings
Discounts
and
advances

U. S. Govt, Other
securities sources
2/

y

Total

Current
expenses

Current
net
earnings

Current
net
earnings

Profit
and
loss
account

Interest
Accrued
en F, R.
dividends notes since
January 1

Unallocated
net
earnings

2/

Boston
New York
Philadelphia
Cleveland

885,596
72,669
61,702

100,816

$5,115,1*1*1*
2k,159,288
5,450,128
8,178,333

$832
101,776
716
3,215

$5,201,872
21*,333,733
5,512,51*6
8,282,391*

$81*1*, 61*5
2,1*51,173
775,150
1,11*3,151*

Richmond
Atlanta
Chicago
St. Louis

112,297
190,560
368,761
65,095

6,02k,972
5,219,295
16,292,318
3,817,215

2,1*99
3,051
3,985
875

6,139,768
5,1*12,906
16,665,067
3,913,215

931,123 , 5,208,61*5
911,320
It,501,586
1,796,085
11*, 868,982
693,886
3,219,329

25,319,839
21,507,352
73,105,961
15,663,233

1,219,51*8
922,652
1,592,789
1*98,1*61

1*1*0,177 20,080,278 6,018,932
516,1*91 16, 01*1*, 1*07 5,869,106
1,361*, 703 55,915,671* 17,1*18,373
330,372 11,895,855 3,935,1*67

Minneapolis
Kansas City
Dallas
San Francisco

218,920
239,022
133,065
85,796

2,208,855
U,085,597
3,836,107
11,187,316

1,179
3,858
1,976
2,005

2,1*29,251*
it,328,1*77
. 3,971,11*8
11,275,11*7

1*1*1*,97U
708,1*1*6
625,1*87
1,385,801*

9,130,723
17,779,316
16,013,950
1*6,886,633

312,087
51*3,1*15
51*1,192
1,1*1*7,669

226,553
1*08,779
568,832
1,203,961

TOTAL:
May
I960 1,731,302 95,601,928
April
I960
2,079,756 92,033,110
May
1959 1,963,656 62,1*32,599
Jan.-4*ay i960 11,667,775 160,323,398
Jan.-May 1959
7,31*5,1*17 291,576,722

126,297
130,665
99,762
827,961
509,10*8

97,1*65,527
91*,21*3,831
61*, 1*96,017
1*72,819,131*
299,1*31,587

12,711,21*7
12,526,878
11,597,031
62,772,259
58,288,682

$1,357,227

21,882,560

U, 737,396
7,139,21*0

1,981*, 280
3,620,031
3,31*5,661
9,889,31*3

$21,01*9,9U3 $1,11*9,871
105,699,125 2,033,832
23,170,31*1*
859,21*6
31*,720,1*56
899,665

$1*85,201 $16,751,167 $1*,963,1*1*6
2,810,1*20 77,263,91*2 27,658,595
576,01*9 18,011,787 5,1*38,751*
913,701* 26,971*,831 7,731,586

6,1*92,830 2,723,1*27
12,71*9,737 5,161*,215
11,1*73,816 1*,512,1*91*
35,395,231 11,735,110

81*, 751*, 280
81,716,953
52,898,986
1*10,01*6,875 1*10,01*6,875 12,020,1*27 9,81*5,21*2 309,052,5551 103,169,505
21*1,11*2,905 21*1,11*2,905
-175,281* 9,329,901 162,551,531 69,086,189
V Includes earnings on U. S. Government securities not in System Open Market Account: New York, May i960, $1*16,165*
April I960, $376,691*; May 1959, $103,975? January - May i960, $1,139,675; January - May 1959, $688,850.
i/ Includes earnings on acceptances: New York, May i960, $100,221*; April i960, $110,553; May 1959, $75,283:
January - May i960, $670,199; January - May 1959, $1*11,61*5.
3/ Includes amounts for current month applicable to interest on Federal Reserve notes.
BOARD OF GOVERNORS
OF THE FEDERAL RESERVE SYSTEM
DIVISION OF BANK OPERATIONS
June 22, i960