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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