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% SOT FOR PUBLICATSjH > LA 1 ' BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM % Federal Reserve Bank Boston New York Philadelphia Cleveland EARNINGS AM) EXPENSES OF FEDERAL RESERVE BANKS, APRIL. 1954 4 ? ^ Discounts and advances Month Is t r i a l loans U. S. Govt, and commit- s e c u r i t i e s ments V $20,272 24,682 10,852 16,733 $3,540 511 Richmond Atlanta Chicago S t . Louis 8,735 20,253 50,569 -326 16 Minneapolis Kansas City Dallas San Francisco 36,104 13,672 1,767 3,339 5,666 TOTAL A p r i l 1954 212,644 March 1954 319,804 A p r i l 1953 1,919,268 Jan.-Apr. 1954 1,155,169 Jan.-Apr. 1953 8.061.66Q of 467 278 April Other sources $2,048,123 9,487,818 2,258,363 3,180,518 $1,674 2,186,853 1,890,882 6,486,962 1,553,610 911,735 1,602,095 1,459,166 4,058,353 Total "195^" Current expenses January - April 1954 Current net earnings Current net earnings 359 569 $2,070,069 9,513,511 2.273.114 3,198,331 $684,677 1,905,800 598,511 864,619 $1,385,392 7.607.711 1,674,603 2.333.712 $5,833,506 32,415,449 6,991,036 9,725,576 198 2,289 1,771 173 2,195,786 1,913,098 6,539,318 1,559,449 662,008 637,973 1,384,443 520,933 1,533,778 1,275,125 5,154,875 1,038,516 6,549,355 5,571,796 21,398,225 4,419,377 466 948,772 1.617.115 1,461,042 4,061,896 296,992 457.131 432,629 917.132 651,780 1,159,984 1,028,413 3,144,764 2,716,367 4,943,723 4,496,081 13,292,552 1,011 1,070 109 204 May 21, 1954 Profit and loss account (credit) $23,239 Accrued dividends Interest on F. R. notes to March 31 Unallocated net earnings 2/ $291,548 $3,820,640 $1,744,557 80,822 1,658,173 21,282,321 9,555,777 2,100,511 23.709 41,214 365,355 514,993 4,548,879 6,318,344 2,933,453 24,406 67,327 18,149 238,227 231,123 708,581 185,757 4,347,490 3,717,703 14,170,081 2,917,575 1,988,044 1,643,680 6,586,890 1,334,194 11,623 19,104 16,969 34,306 120,335 204,942 268,205 592,525 1,784,271 3,273,962 2,946,292 8,742,579 823,384 1,483,923 1,298,553 3,991,754 20.710 4,486 37,124,478 9,8931 37,351,501 9,3^2,848 27,988,653 38,624,290 5,163 10,803| 38,960,060 9,518,171 29,441,889 11,214 39,501,954 13,232 41,445,668 31,766,069 9,679,599 24,644 153,921,464 36,992)155,138,269 36,785,226 118,353,043 156,967.388 52,941|165,133,527 51,529 37,498,720 127,634,807 M i & U t W i i M l / Includes earnings on U, S. Government s e c u r i t i e s not i n System Open Market Account: New York, and April 1954, $3,443; March 1954, $21,227; A p r i l 1953, $85,845; January-April 1954, $306,019; January-April 1953, $500,665. 2 / Includes amounts f o r c u r r e n t quarter a p p l i c a b l e t o preceding item.
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