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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