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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

HOT FOR PUBLICATION

L.k.l
Month

of
Current earnings

Federal
Reserve
Bank

Industrial
loans
and commitments

Discounts
and
advances

Boston
New York
Philadelphia
Cleveland

$46,434
372,025
112,873
96,319

Richmond
Atlanta
Chicago
St. Louis

60,010
110,531
459,589
37,607

Minneapolis
Kansas CityDallas
San Francisco

115,604
120,543
47,352
122,257

254

1,701,144
1,532,919
318,135
9,313,246
2,523,628

3,713
4,111
3,434
34,858
50,460

TOTAL
Oct.
Sept.
Oct.

November 21, 1955

EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS. OCTOBER. 1955

1955
1955
1954

Jan.-Oct. I955

Jan.-Oct. 1954




$2,196
271

70
4

918

U. S. Govt,
secu^ties

October

Other
sources

Total

Current
expenses

Current
net
earnings

Current
net
earnings

Profit
and
loss
account

Accrued
dividends

807,674

$1,427,040
8,007,794
1,790,571
2,428,725

$11,517,600
65,134,624
14,485,653
19,954,170

1,996,829
6,831,294
1,553,774

630,737
584,096
1,349,161
492,837

1,581,423
1,412,733
5,482,133
1,060,937

12,778,321
11,257,797
44,245,955
8,612,956

-4,345
-13,390

662,597
648,837
1,955,956

302,254
445,373
408,946
960,314

84,410

1,265,583
1,103,297
3,162,978

5,539,714

330,784

138

1,002,455
1,710,956
1,512,243
4,123,292

8,853,113

2,594
-3,545

42,612
42,636
7,588
264,001
88,727

38,408,875
36,290,431
35,254,249
329,524,695
370,414,694

8,985,460
9,214,915
8,851,223
90,939,018

$2,016,884 -/ $935
9,421,395 3/32,560
1,178
2,222,793
1,211
3,138,798

$2,064,253

501

2,212,160

1,043
1,303
583

885,034
1,588,336
1,464,453
4,000,897

1,563
1,159
438

36,66l,4o6
34,710,765
34,925,092
319,912,590
367,751,879

2,151,649
1,885,185
6,370,398
1,515,584

January-October 1955

1955

9,825,980

2,339,040
3,236,599

$637,213

1,818,186
548,469

91,076,809

700,201

29,423,415
27,075,516
26,403,026
238,585,677
279,337,885

10,032,108
26,173,666

238,585,677
279,337,885

-$2,350

-16,112
15
13,901

-183
-5,208

$771,428
4,468,825
971,929
1,397,699

Unallocated
net
earnings

2/

$8,452,244 $2,291,578

47,778,627 12,871,060
10,639,182 2,874,557
14,655,140

3,915,232

9,541,840 2,573,701
8,332,936 2,271,679
33,292,872 8,983,737
512,702 6,376,961 1,718,085

1,788

57,575
383,886

Interest
on F. R.
notes to
Sept. 30

569,610
766,122

1,650,042

4,164,428
7,431,577
5,009,207
19,374,101

1,128,912
2,032,709

3,080,378

5,145,978

14,706,531 175,049,115 48,887,606
13,596,701 216,993,838 49,131,232

1/ Includes earnings on U. S. Government securities not in System Open Market Account: New York,
October $139,547; September 1955, $66,138; October 1954, $14,174; January-October 1955, $501,510;
January- Optetoer 1954, $%8l,864.
2/ Includes amounts for current quarter applicable to interest on Federal Reserve notes.
3/ Includes earnings of $31,407 on acceptances purchased.