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C O N F I D E N T I A L
Not f o r p u b l i c a t i o n
B-811

EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, OCTOBER lykh

Month

I n d u s t r i a l U. S , Govt, s e c u r i t i e s
Disloans
c o u n t e d and commit- System
Account
bills
ments

$2,M7

Boston
New York
Philadelphia
Cleveland

53,893
3.118
1,805

-$622

$199,589

2,090,271

$40,i|06

351
597

508,972
733,513

957,893
63,247
39,856

785
83

408,021

17

1,245,148
3^7,991

7,012

Richmond
Atlanta
Chicago
S t . Louis

3,513
4 , 9 24

Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o

2,760
284
1,578
95

8,273

80,593

16,649

892

2,31k

1944
1944
1943
1943

48,891

28
127

25,680
6,887
32,250
4 1 7 , 8 5 9 291,749
93,226 398,768

BOARD OF GOVERNORS
OF THE FEDERAL RESERVE SYSTEM
DIVISION OF BANK OPERATIONS
NOVEMBER 16, 1944




500,51*8

172,683
359,153
289,540

828,099
7,983,528

20,737
17,124
283,379

25,186
14,659

20,295
9,019
69,933
1,571,734

7,394,796 1,542,448
5,792,094
*
70,264,948 12,445,520
55,252,443

*

i2kk

Octobe

E a r n i n g s from —

Federal
Reserve
Bank

TOTAL
Oct.
Sept.
Oct.
Jan.-Oct.
Jan.-Oct.

of

J a n u a r y - October

Current expenses
Other
sources

$1,256
8,050
712

Total

Net
operating
expenses l /

Total
current
expenses 2 /

Current
net
earnings

Current
net
earnings

$274,183

$2,927,941
13,098,463
3,188,535
4,226,730

$543,046
3,110,458
583,061
781,634

$211,369

213,419
161,717
443,198
165,033

210,750
510,349

226,701

240,343
217,794
1,041,925
155,760

2,181,487

10,234
4,343

523,549
428,544
1,552,274
382,461

350
12,779
830

190,480
392,638
303,967

99,341
203,528
143,961
314,371

111,789
244,732
172,952
433,701

78,691
147,906
131,015
472,959

1,165,361
1,778,911

5,863
589

1,002

260

906,660

9*698,772
9,055,368
49,467 5,880,698
446,179 83,866,255
498,052 56,242,489
46,268
43,553

799,260
233,765

306,560

3,295,522
3,323,467

3,053,620
32,913,459

29,372,165

$268,863
987,030
319,246
353,957

283,206

2,123,423
263,815
427,677

1,921,869
5,155,617
1,685,317

1,578,180

3,837,220

Profit
and
loss
account

1944

Amount
Accrued
available
dividends for reserves,
l o s s e s , and
surplus

$249,177 $495,456
873,204 2,896,444
383,252
597,129
336,269
803,825

$2,681,663
11,075,224

193,037
179,657
378,329
153,272

316,132
281,484
923,165
242,584

2,058,392

192,167
160,729
136,591

255,964
244,282

171,283

661,082

1,186,245
1,683,677
1,470,489
3,499,893

3,559,440 7,888,830

38,416,242

323,756

2,974,658
3,759,174

1,820,042

4,610,780

1,596,005

4,123,276 5 , 5 7 5 , 4 9 6
4,022,539 5,032,829
3,717,920

41,120,624
35,580,687

2,162,778
42,745,631

42,745,631

20,661,802 20,661,802 33,028,626 7,399,103 46,291,325

l / Operating expenses a f t e r deducting reimbursable expenses
2 / Net o p e r a t i n g e x p e n s e s p l u s c o s t of F e d e r a l R e s e r v e c u r r e n c y and a s s e s s m e n t f o r B o a r d ' s e x p e n s e s .
* I n c l u d e d i n p r e c e d i n g column.