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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NOT FOR PUBLICATION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