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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM CONFIDENTIAL EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, APRIL 1950 May 24, 1950 L.4.1 of Month Federal Reserve Bank Boston New York Philadelphia Cleveland April 1950 Earnings from — Discounts and advances $11,755 57,311 6,977 Richmond Atlanta Chicago S t . Louis Minneapolis Kansas C i t y Dallas San Francisco 21,874 11,152 2,946 32,882 6,344 8,954 8,593 2,533 5,989 TOTAL April 1950 177,310 March 1950 213,123 April 1949 304,209 Jan.-Apr.1950 722,017 Jan.-Apr.1949 1,457,788 Industrial loans and commitments $9,033 321 46o — — 91 749 — — — 52 10,706 10,837 4,271 39,175 16,823 U. S. Govt, securities Other sources January - April 1950 Total current earnings Current expenses Current net earnings Current net earnings Profit and loss account (credit) Accrued dividends $1,529,630 1/5,211,816 " 1,475,513 2,056,724 $292 11,721 443 17,098 $1,541,677 5,280,848 1,491,966 2,096,017 $491,053 1,457,049 402,393 554,662 $1,050,624 3,823,799 1,089,573 1,541,355 $4,466,225 15,824,928 4,506,956 6,318,270 1,433,467 1,188,469 3,364,741 1,223,903 1,157 3,517 1,502 856 1,445,935 1,192,572 3,401,231 1,231,749 452,522 354,363 948,443 993,413 1,434,580 1,179,945 3,113,978 187,628 170,858 849,886 4,129,038 3,517,318 10,135,602 3,503,553 1,195,869 545,541 142,151 686,470 1,029,582 1,007,217 2,020,314 167 18,941 611 744 696,340 1,057,116 219,845 343,904 275,381 585,785 476,495 713,212 734,980 1,441,314 2,006,090 3,007,689 2,991,037 6,041,792 674,376 96,741 6,467,263 6,420,590 6,419,271 25,513,834 25,801,445 ; 16,005,648 17,196,078 21,800,793 66,448,498 92,072,197 66,448,498 92,072,197 V 22,227,846 23,334,037 27,848,117 1 / 90,968,055 ~ 116,136,752 57,049 58,671 63,467 233,085 262,279 1,010,361 2,027,099 22,472,911 23,616,668 28,220,064 91,962,332 117,873,642 381,863 ' 838,209 2,452,788 $1,539,553 $241,446 5,394,514 1,458,192 1,600,363 305,842 2,ll8,c68 397,945 1,090,769 1,002,932 2,091,152 152,209 175,064 411,162 22,436,099 4,284,779 18,084,015 4,066,897 l / Includes $40,009 earnings on U. S. Government s e c u r i t i e s not in System Open Market Account. 2/ Includes $15,000,000 earmarked f o r contingent r e s e r v e s . Interest on F. R. notes to March 31 Unallocated net earnings $4,025,966 13,777,052 4,029,098 5,566,772 $1,738,366 5,984,198 1,772,379 2,471,621 3,747,814 3,161,311 8,823,720 3,162,306 1,628,176 1,804,599 2,750,983 2,642,871 5,393,051 779,126 1,195,266 1,176,034 2,328,731 1,365,094 3,880,319 1,394,965 25,714,275 58,885,543 60,156,349 2/45,932,966