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35

L.U.I

NOT FOR PUBLI

Federal
Reserve
Bank
Boston
New York
Philadelphia
Cleveland

sS
&
wF

EARNINGS AND EXPENSES OF FEEERAL RESERVE BANKS, OCTOBER i960

V
a£j

Discounts
and
advances

of

I960

October

Current earnings
U. S. Govt,
securities

y

$13,785 $4,763,609
60,500 22,422,731
21,120
5,075,273
7,615,835
>5,035

Other
sources

y

$233
102,997
928
437

$982,304 $36,070,155
5,659,989 178,415,877
1,162,130 40,087,806
59,196,052
1,843,389

$5,393,999
26,661,461
5,633,813
8,496,214

4,745,986 49,761,942
4,043,576 42,626,120
13,431,854 142,986,863
2,806,692 30,533,205

1,256,774
955,899
1,824,600
522,252

43,250,203
896,942
1,047,813
35,833,751
2,759,498 124,222,389
26,557,235
665,934

6,871,571
6,700,455
17,829,576
3,832,288

316,116
569,614
564,385
1,522,449

457,290
830,851
1,146,616
2,429,467

14,977,491
28,389,808
26,478,898
80,691,343

2,536,909
5,682,013
4,546,715
11,802,679

$909,074
2,484,952
729,638
1,113,727

177
1,073
. 1,170
474

5,626,038
4,932,428
15,266,571
3,587,619

880,052
888,852
1,834,717
780,927

Minneapolis
Kansas City
Dallas
San Francisco

12,154 2,056,933
44,447
3,804,593
30,470
3,572,263
21,104 10,417,890

1,179
1,746
8,549
441

2,070,266
3,850,786
. 3,611,282
10,439,435

444,294
647,423
617,214
1,389,556

88,954,406
119,404 89,506,908
85,268,289
100,891
85,970,877
86,355,080
104,354 89,489,466
916,803,424 1,551,920 934,335,209
674,173,477 1,031,491 696,865,764

12,720,426
12,909,973
12,291,685
127,035,444
119,073,181

433,098
601,697
3,030,032
15,979,865
21,660,796

$3,868,553 $41,264,600 $1,181,858
20,101,276 208,555,890 2,181,437
4,367,683 45,989,818
893,931
6,547,580 68,583,811
951,844

$4,777,627
22,586,228
5,097,321
7,661,307

15,280
5,610,581
71,038 4,860,317
93,654 15,171,747
4,511
3,582,634

i960
i960
1959
i960
1959

Unallocated
net
earnings

Current
net
earnings

Total

Profit
and
loss
account

Interest
on F. R.
notes since
January 1

Current
expenses

Richmond
Atlanta
Chicago
St. Louis

TOTAL:
October
September
October
Jan.-Oct.
Jan.-Oct.

January - October i960

1,625,972
3,203,363
2,994,068
9,049,879

Current
net
earnings

17,655,574
34,333,058
31,607,844
93,401,040

Accrued
dividends

y

76,786,482
73,060,904
77,197,781
807,299,765 807,299,765 12,741,159 19,882,223 694,171,008 105,987,693
521,673 18,868,624 435,756,274 123,689,358
577,792,583 577,792,583

1/ Includes earnings on U. S. Government securities not in System Open Market Account: New York, October i960, $312,637; September i960, $255,472;
October 1959, $116,680; January-October i960, $2,599,203; January-October 1959, $1,306,183*
2^/ Includes earnings on acceptances: New York, October i960, $101,643; September i960, $84,489; October 1959, $75,244; January-October I960,
$1,124,130; January-October 1959, $759,463*
Includes amounts for current month applicable to interest on Federal Reserve notes.
BOARD OF GOVERNORS
OF THE FEDERAL RESERVE SYSTEM
DIVISION OF BANK OPERATIONS
November 22, i960