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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM NOT FOR PUBLICATION L.4.1 February of Month Current earnings Federal Reserve Bank Discounts and advances Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis $53,043 395,305 116,277 112,531 Industrial loans and commitments $2,013 228 81,113 91,261 390,346 36,290 Minneapolis Kansas City Dallas San Francisco TOTAL February January February Jan.-Feb. Jan.-Feb. March 22, 1956 EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, FEBRUARY 1956 1956 1956 1955 1956 1955 93,297 86,197 77,247 75,737 231 697 1,608,644 1,665,069 545,950 3,273,713 1,099,390 3,169 3,515 2,673 6,684 5,484 January - February 1956 "1955" Current expenses Current net earnings Current net earnings Profit and loss account $1,525,128 8,351,681 1,922,238 $3,241,254 17,687,496 4,049,516 5,529,984 $6,137 38,526 Accrued dividends Unallocated net earnings U. S. Govt, securities Other sources $2,134,512 9,870,189 2,352,431 3,321,858 .$1,355 3/32,921 484 1,148 $2,188,910 10,298,415 2,471,205 3,435,765 $663,782 1,946,734 548,967 840,698 2,277,137 1,995,133 6,741,931 1,603,976 595 495 2,636 313 2,358,845 2,086,889 7,134,913 1,640,579 691,543 612,461 1,431,819 489,211 1,667,302 1,474,428 5,703,094 1,151,368 3,514,127 3,126,391 12,047,774 2,400,943 7,693 5,592 15,574 6,581 139,353 138,984 409.625 106,596 3,382,467 2,992,999 11,653,723 936,650 1,680,970 1,549,863 4,234,236 674 1,309 403 295 1,030,852 1,769,173 1,627,513 4,310,268 330,722 458,711 427,054 700,130 1,310,462 1,200,459 3,301,340 1,484,896 2,768,664 2,532,209 7,060,272 3,190 4,394 4,274 5,687 69,352 123,646 167.626 344,395 1,418,734 2,649,412 2,368,857 6,721,564 38,698,886 42,380,225 27,381,629 81,079,111 57,898,057 42,628 59,904 9,463 102,530 17,555 40,353,327 44,108,713 27,939,715 84,462,038 59,020,486 9,450,630 9,567,882 8,609,221 30,902,697 34,540,831 19,330,494 65,443,526 41,610,874 65,443,526 41,610,874 113,714 -30,251 3,055,845 2,904,737 62,501,395 38,675,686 1/ Total 1,008,928 19,018,512 17,409,612 2,595,067 6,702 9,364 1 / Includes earnings on V. S. Government s e c u r i t i e s not in System Open Market Account; New York, February 1956, # 7 , 0 0 8 ; January 195&, $180,636; February 1955, $58,518; January-February 1956, $227,646; January-February 1955, $82,815. , 2 / Includes amounts f o r c u r r e n t q u a r t e r applicable to i n t e r e s t on Federal Reserve n o t e s . 3 / Includes earnings of $30,955 on acceptances. 2/ $162,157 $3,085,234 898,657 16,827,365 3,656,869 199,349 5,243,243 296,105 2,300,928