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CONFIDENTIAL BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM L.4.1 EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, FEBRUARY, 1952 February of Month Federal Reserve Bank F R F Discounts and advances Industrial loans and commitments U.S. Govt, securities 1/ Other sources L952 January - February 1952 Unallocated net earnings 2/ 604,022 479,570 1,274,935 445,681 1,702,906 1,541,480 4,120,340 1,441,986 3,639,450 3,268,913 8,798,532 2,994,856 88,988 104,781 99,016 307,158 84,146 3,623,657 3,244,030 8,700,409 2,986,528 1,088,496 817,759 1,271,361 1,244,930 2,559,431 42,365 64,718 62,771 128,332 54,182 90,197 1,739,169 2,673,090 2,603,169 5,190,811 5,347 59,649 11,171 156,044 520 1,019 64 210 1,082,458 171 1,309 2,005 TOTAL February 1952 January 1952 February 1951 Jan.-Feb.1952 Jan.-Feb.1951 494,875 283,364 463,610 778,239 745,606 18,906 17,906 15,324 36,812 2/ Accrued dividends 2,306,928 2,021,050 5,395,275 Minneapolis Kansas City Dallas San Francisco l/ Profit and loss account (credit) $3,562,456 11,322,284 3,293,610 5,504,602 180 29,529 Current net earnings $130,616 761,461 168,571 228,250 1,868,917 34,038,482 37,663,779 26,073,522 71,702,261 53,310,427 Current net earnings $ 93,330 317,551 90,947 126,170 1,147 3,188,895 March 24, 1952 $3,599,742 11,766,194 3,371,234 5,606,682 2,274,758 2,001,157 5,257,924 1,637,012 1,608,556 7 1952 $1,710,430 5,527,983 1,608,004 2,645,672 306 3,031 1,221 - - 2 $605,152 1,833,826 501,195 763,193 30,717 16,764 135,283 18,570 Richmond Atlanta Chicago S t . Louis " 1 $2,315,582 7,361,809 2,109,199 3,408,865 $12,017 518 —w - $289 $2,307,571 7,327,498 2,090,167 3,393,569 $ 7,722 32,959 6,572 14,077 Total Current expenses R ^ ^ # 9 City Current earnings Boston New York Philadelphia Cleveland F 1,352 443 701 98 847 1,887,667 169 1,621,796 3,345,318 270,737 427,628 376,866 785,887 8,711 13,712 10,701 22,423 18,868 34,560,974 37,978,761 26,563,157 72,539,735 54,104,430 8,368,692 8,704,829 7,219,104 17,073,521 14,711,827 1,698,989 1,750,986 2,698,569 2,652,979 5,318,077 74,133 209,035 75,618 26,192,282 29,273,932 19,344,053 1 55,466,214 ! j 55,466,214 1,374,158 39,392,603 | ;39,392,603 -1,241,675 Includes earnings on U. S. Government s e c u r i t i e s not in System Open Market Account: January 1952, $25,094; February 1951? $40,149; January - February 1952, $25,094; January - February 1951, $6l,8l7. Includes amounts f o r current quarter applicable to i n t e r e s t on Federal Reserve notes. 112,581 255,598 1 ! 2,396,557 2,269,441 54,443,815 35,881,487
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