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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

MOT FOR PUBLICATION

EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS. OCTOBER 1956

L.4.1
Month
Federal
Reserve
Bank

Discounts
and
advances

Boston
New York
Philadelphia
Cleveland

$19,630
586,608
58,284
209,785

Richmond
Atlanta
Chicago
St. Louis

67,123
149,072
477,435
49,966

1956
1956
1955
1956
1955

October

Industrial
U. S. Govt, Other
loans
and commit- securities sources
Y
2/
ments
$1,147
1,941
118

43

Total

FEDERAL R F S F P y E
January - October iX1

J95E
Current
expenses

Current
net
earnings

$619
46,296
697
442

$2,874,006
13,794,502
3,179,508
4,699,134

$776,589
2,136,024
645,027
969,834

$2,097,417
11,658,478
2,534,481
3,729,300

3,195,291
2,668,529
9,054,700
2,166,730

618
2,532
1,701
675

3,263,032
2,820,133
9,533,879
2,217,371

759,862
637,471
1,506,624
600,019

2,503,170

1,203
1,655
1,933
720

1,207,017
2,330,324
2,123,634
5,852,058

59,091 53,894,598
53,430 52,133,021
42,612 38,408,875
517,040 482,935,453
264,001 329,524,695

193
1,014

1,172,214
2,248,728
2,062,623
5,807,407

1,833,246
1,961,143
1,701,144
19,325,311
9,313,246

4,456
4,670
3,713
42,620
34,858

51,997,805
50,113,778
36,661,406
463,050,482
319,912,590

Current
net
earnings

Profit
and
loss
account

$19,128,805 $20,777
102,027,620 77,138
23,794,569 16,479
32,833,374 25,357

Unallocated
net
nings

Accrued

$816,085 $14,684,090 $3,649,407
4,560,877 77,702,684 19,841,197
1,008,849 18,330,891 4,471,308
1,500,009 25,009,038 6,349,684

8,027,255
1,617,352

21,681,555
18,465,102
71,186,274
14,294,003

19,594
14,197
78,675
15,897

717,233
725,007
2,102,169
540,415

16,696,303
14,080,694
55,211,061
10,984,582

4,287,613
3,673,598
13,951,719
2,784,903

348,406
493,084
553,425
1,115,635

858,611
1,837,240
1,570,209
4.736,423

8,241,193
16,207,869
14,518,063
41,576,998

7,312
11,801
10,950
31,912

350,760
631,629
859,944
1,868.265

6,366,123
12,431,890
10,067,144
28.974,665

1,531,622
3,156,151
3,601,925
10.765.980

10,542,000
9,894,169
8,985,460
98,980,028
90,939,018

43,352,598
42,238,852
29,423,415
383,955,425
238,585,677

2,182,662

383,955,425 330,089 15,681,242 290,539,165 78,065,107
238,585,677 57,575 14,706,531 175,049,115 48,887,606

l/ Includes earnings on U. S. Government securities not in System Open Market Account: New York, October 1956, $100,083; September 1956, $77,215,
October 1955, $139,547; January-October 1956, $940,214; January-October 1955, $501,510.
„ . .
T
A ^
2/ Includes earnings on acceptances: New York, October 1956, $44,827; September 1956, $40,563; October 1955, $31,407; January-October 1956, $355, ;
January-October 1955, $147,737*
3/ Includes amounts for current quarter appJ.icable to interest on Federal Reserve notes.




BANK

SAS ciay

$2,852,610
13,161,598
3,118,586
4,488,789

33,407
78,927
59,078
43,931

Minneapolis
Kansas City
Dallas
San Francisco
TOTAL
Oct.
Sept.
Oct.
Jan.-Oct.
Jan.-Oct.

of
Current earnings

November 23, 1956