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tt&ERAL RESERVE BANK
Of KANSAS CITY
MAY 3 1 m o

L.U.I

Federal
Reserve
Bank

EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, APRIL I960

RESEARCH LIBRARY

NOT FOR PUBLICATION

April

of

Month
Current earnings
Discounts
and
advances

U. S. Govt,
securities

Other
sources
2/

Total

January - April I960

Wo"

Current
expenses

Current
net
earnings

Current
net
earnings

Profit
and
loss
account

Accrued
dividends

Interest
on F. R.
notes since
January 1

Unallocated
net
earnings

3/

Boston
New York
Philadelphia
Cleveland

$84,203
149,561
99,409
77,930

$1,780
$4,927,079
23,245,574 113,316
494
5,247,196
1,884
7,876,883

$5,013,062
23,508,451
5,347,099
7,956,697

$816,791
2,455,007
745,549
1,067,890

$4,196,271
21,053,444
4,601,550
6,888,807

$16,692,716 $1,148,945 $387,559
83,816,565 2,029,193 2,241,966
460,777
18,432,948
858,249
27,581,216
898,100
730,375

$12,668,113 $4,785,989
58,025,606 25,578,186
13,538,542 5,291,878
20,481,125
7,267,816

Richmond
Atlanta
Chicago
St. Louis

121,065
191,594
681,444
84,220

5,803,827
5,019,151
15,693,549
3,705,260

3,450
1,943
2,145
576

5,928,342
5,212,688
16,377,138
3,790,056

941,325
889,685
1,731,605
739,933

4,987,017
4,323,003
14,645,533
3,050,123

351,209
20,111,194 1,218,447
412,022
921,677
17,005,766
58,236,979 1,589,812 1,089,243
263,798
497,670
12,443,904

5,623,147
15,355,285
5,501,992
12,013,429
42,275,931 16,461,617
3,716,764
8,961,012

Minneapolis
Kansas City
Dallas
San Francisco

230,727
221,784
68,872
68,947

2,125,591
3,934,558
3,692,590
10,762,152

1,020
2,030
994
1,033

2,357,338
4,158,372
.3,762,456
10,832,132

437,774
622,263
669,473
1,409,583

1,919,564
3,536,109
3,092,983
9,422,549

180,638
322,758
453,987
959,944

2,640,097
4,637,376
9,883,142 4,496,147
8,544,634 4,210,151
27,277,945 10,205,052

325,292,588 12,002,664 7,854,276
188,243,920 -190,305 7,440,909

233,662,140 95,778,836
119,484,298 61,128,408

TOTAL:
81,716,953
94,243,831 12,526,878
April I960
92,033,410 130,665
2,079,756
84,188,215
2,174,244 94,875,286 149,473
97,199,003 13,010,788
March I960
49,725,555
61,566,553 11,840,998
1,697,090
59,780,385 89,078
April 1959
325,292,588
Jan-Apr. i960
375,353,605 50,061,017
9,933,472 364,718,470 701,663
188,243,920
234,935,570 46,691,650
Jan-Apr. 1959
5,381,761 229,144,123 409,686
1/ Includes earnings on U. S. Government securities not in System Open Market Account: New
April 1959, $297,613; January-April I960, $723,510; January-April 1959, $584,875.
2/ Includes earnings on acceptances: New York, April i960, $110,553? March i960, $127,134;
January-April 1959, $336,362.
3/ Includes amounts for current month applicable to interest on Federal Reserve notes.




7,146,442
311,669
14,159,285
542,762
12,668,283
540,489
36,997,290 1,445,651

York, April I960, $376,694; March i960, $174,507;
,
*zApril 1959, $72,377; January-April i960, $569,975;
BOARD OF GOVERNORS
OF THE FEDERAL RESERVE SYSTEM
DIVISION OF BANK OPERATIONS
May 24, i960