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BOARD OF GOVERNORS OF THE FEDERAL BESBH7E SYSTEM

MOT FOR PUBLICATION

EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS. APRIL.

L.4.1

Federal
Reserve
Bank

Industrial
U. S. Govt, Other
loans
sources
irit
and commit- securities
ments

Discounts
and
advances

y

Boston
New York
Philadelphia
Cleveland

$30,282
118,951
40,125
50,399

Richmond
Atlanta
Chicago
St. Louis

24,452
42,301
265,241
22,892

Minneapolis
Kansas City
Dallas
San Francisco
TOTAL
April
March
April
Jan.-Apr.
Jan.-Apr.

1955
1955
1954
1955
1954




April

of
Current earnings

Month

$1,679
517
79
9

66,792
23,650
15,900
35,051

377
739

736,036

3,400
3,477
4,486
12,361
24,644

728,118

212,644
2,563,543
1,155,169

Total

9, jMay 23, 1955

\\%
r

1251
Current
expenses

im

H

-30
^r\

Current
net
earnings

Current
net
earnings

- Jafc&aS# - April 1955
Tp
/Profit^
Interest
cPand
jcrued
on F. R.
X^lOSB
fcidendsnotes to
"^jount
March 31

Unallocated
net
earnings

2/

$1,604,526
7,419,043
1,768,382
2,496,903

>1,345
2/17,631
481
775

$1,636,153
7,555,625
1,810,667
2,548,594

$641,314
1,834,479
580,770
799,643

$994,839
5,721,146
1,229,897
1,748,951

$4,001,915
23,204,145
5,024,165
7,007,029

45,229

1,711,771
1,499,131
5,068,473
1,206,089

232
999
1,276
281

1,736,455
1,542,510
5,334,999

650,830
598,743
1,388,466
499,317

1,085,625
943,767
3,946,533
729,945

4,424,845
3,839,521
15,747,863
2,937,459

- 2,4io
- 2,408
-20,599
- 5,119

260.947 2!,827,723. 1,333,765
1,150,262
-,434,
252,308 2,434,543
775,716 10,090,051 4,861,497
882,135
202,512
1,847,693

704,420
1,263,297
1,164,296
3,182,789

491
1,214
668
48

772,080

3,217,888

281,630
444,501
412,890
887,846

490,450
844,399
767,974
2,330,042

1,853,224
3,471,663
3,041,831
9,358,079

- 3,124
317
654
- 7,519

222,939
298,025
645,141

25,441
29,853,997
30,816,127
8,883
37,351,501
9,893
51,878 119,690,608
36,992 155,138,269

9,020,429
9,348,830
9,362,848
35,778,869
36,785,226

20,833,568
21,467,297
27,988,653
83,911,739
118,353,043

83,911,739
118,353,043

29,089,120
30,075,649
37,124,478

117,062,826
153,921,464

1,229,262
1,288,900
1,180,864

$302,919 $2,499,492 $1,194,275
- 2,949 1,801,241 14,513,743 6,886,212
386,287
3,152,063 1,483,119
- 2,696
2,098,430
553,160
4,359,171
3,732

129,296

584,352
1,136,452
2,214,127 1,034,280
897,341
1,847,119
5,884,769 2,820,650

-47,984 5 , 8 3 0 , 4 9 1 52,806,946 25,226,318
381,578 5,379,764 77,870,137 35,484,720

l/ Includes earnings on U. S. Government securities not in System Open Market Account: New York $33,441;
March 1955, $17,633; April 1954, $3,443; January-April 1955, $133,889; January-April 1954, $306,019.
2[ Includes amounts for current quarter applicable to interest on Federal Reserve notes.
2/ Includes acceptances purchased $$6>6o6-