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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
March 26, 1951* v

KAPWTOttS AND EXPENSES OF FEDERAL RESERVE BANKS, FEBRUARY, 1951

C O N F I D E N T I A L

„
-x?.

L*4.1
Month
Federal
Reserve
Bank

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis

Current earnings
Discounts
and
advances
$10,1+03
184,781

10,344
57,582

Industrial
loans
and commitments

$61
9,697
344

13*365

493

6E,36k
37,634

161
17

22,980

1

Minneapolis
Kansas City
Dallas
San Francisco

27,134
19,330
4,735
13*958

713
945

TOTAL
February 1951
January 1951
February 1950
Jan.-Feb.1951
Jan.-Feb.1950

I4.63,610
281,996
205,938
745.606
331,584

15,324
14,205
8,534
29,529
17,632




January - February 1951

Februar

°"

1/
2/

U.S. Govt,
securities

Other
sources

Total

$1,220,931
4,680,376
1,232,237
1,810,390

$2,559,664
9,342,968
2,473,144
3,711,846

t-90,034
•277,893
-89,141

$122,493
736,240
158,510
218,532

$2,347,137
8,328,835
2,225,493
3.377,274

1,256,215
1,008,664
2,885,330
964,594

2,559,483
2,099,361

-83,216
-66,544

5,985,262

-178,305

-68,281

99,956
92,278
291,108
74,640

2,376,311
1,940,539
5,515,849
1,842,900

607 »6b8

1,206,015

-39,341

51,678

-56,472
-116,377

98,645
240,741

1,114,996
1,619,751
1,700,674

39,392,603 -1,241,675

2,269,441
2,135,376

1,731,037
1,404,735
3,897,662
1*358,890

802
1,709
1,131
192

1,745,697
1,429,431
1,396,733

489,482
420,767
1,074,988
432,139

1,299
1,414
621
128

850,797
l,247M5
1,251,105
2,575,271

243,149
364,427
318,738
712,988

1,862,283

10,701

26,563,157
27,541,273
21,572,109
54,104,430
45,872,753

7,219,104
7,492,723
6,294,891
14,711,827
12,625,98

19,344,053
20,048,550
15,277,218
39,392,603
33,246,772

821,651

1,225,756
1,245,749
2,558,299

26,073,522
27,236,905
21,299,240
53,310,427
45,406,172

8,167

58,397
18,868
117,365

2,490,827

3,960,318

Unallocated
net
earnings

$527,999
1,528,125
425,865
680,437

Current
expenses

2,431,777

1,638,020

Accrued
dividends

Current
net
earnings

$545
1,695
41
1,124

6,208,501
1,658,102

Profit
and
loss
account

Current
net
earnings

$1,748,930

$1,737,982
6,021,964

13

883,018
932,367

1,985,821
1,764,402
1,855,791
3,848,846

-116,040

-60,031

33,246,772 10,848,078

Includes earnings on U. S. Government s e c u r i t i e s not in System Open Market Account, New York
January 1951, $21,668; January-February 1951, $61,817.
includes amounts f o r current quarter applicable to i n t e r e s t on Federal Reserve n o t e s .

>,149;

"2y

84,620

3^91,728

35,881,487
41,959,474


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102