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C O N F I D E N T I A L

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

L.U.I

Federal
Reserve
Bank

Discounts I n d u s t r i a l
loans
and
and
comadvances
mitments

$6,080
19,908
7,804
6,157

$97
14,388
973

Richmond
Atlanta
Chicago
S t . Louis

4,558
5,329
48,198
11,675

622
526
1,071

2,587

Minneapolis
Kansas CityDallas
San F r a n c i s c o
1951
1951
1950
1951
1950

of

October

] fessas 83iy
J a n u a r y - October 1951

1951

U. S . Govt,
securities
1/

Other
sources

Total

Current
expenses

Current
net
earnings

$2,540,588
8,23.1,625
2.294.978
3,407,087

$383
2,311
429
1,119

$2,547,051
8,253,941
2,317,599
3,415,336

$570,692!
1,744,853
527,279
779,8031

$1,976,359

2,425,302
1,968,129
5,461,377
1.985.979

319
724
968
583

2,430,801
1,974,708
5,511,614
1,998,237

640,415j
477,220!
1,263,0481
525,819|

1,781
61,176

600
318
213
793

1,135,344
1,717,367
1,745,379
3,584,352

516
1,847
366
634

1,139,047
1,734,614
1,747,739
3,646,955

278,013'
423,432,
348,944
876,659

190,335
499,412

21,187

19,601

36,497,507
33,059,504
23,739,543
314,710,027
225,513,871

10,199
6,859
65,835

36,717,642
33,586,962
23,913,435
318,686,431

15,082

97,001

3,654,857

1,610,566

11,056

193,765
104,102

127,782
610,082 227,838,621

8,456,177
7,630,477
6,983,604
78,640,823
65,728,743

1 / I n c l u d e s e a r n i n g s on U. S . Government s e c u r i t i e s n o t i n System Open Market Account:
J a n u a r y - O c t o b e r 1951, $ 5 3 9 , 6 5 3 ; J a n u a r y - O c t o b e r 1950, $103,7552 / I n c l u d e s amounts f o r c u r r e n t q u a r t e r a p p l i c a b l e t o p r e c e d i n g i t e m .




iber 26, 1951

Current earnings

Boston
New York
Philadelphia
Cleveland

TOTAL
Oct.
Sept.
Oct.
Jan.-Oct.
Jan.-Oct.

•IARY 0F.PT,
.
!->S£nVE'
££i)£i!AL !->S£n'VE

EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, OCTOBER, I 9 5 I
Month

1951

DECS

Current
net
earnings

Profit
and
loss
account

Accrued
dividends

Interest
on F . R .
notes to
S e p t . 30

Unallocated
net
earnings

u

1,790,320
2,635,533,

$16,384,424
55,901,620
15,198,730
22,424,869

$-146,992
-4ll,686
-128,502
-150,580

1,790,386
1,497,488
4,248,566
1,472,418

15,494,683
12,648,546
35,775,541
12,348,319

-126,848
-97,449
-243,277
-95,053

507,005
470,312
1,472,167
388,105

11,773,151
9,547,163
26,890,772
9,362,060

3,087,679
2,533,622
7,169,325

7,524,954

-60,709
-88,278
-82,667
-165,110

261,647
432,231
513,503.
1,222,283

5,719,326
8,288,156
8,602,114
17,772,051

1,483,272
2,212,346
2,313,568
4,651,615

-1,797,151 11,510,520 179,332,281
40,316,976 10,858,089 158,237,039

47,405,656
33,331,726

6,509,088

861,034

1,311,182

11,021,011

1,398,795
2,770,296

11,511,852
23,811,059

28,261,465
25,956,485
16,929,831
240,045,608
162,109,878

240,045,608
162,109,878

$616,161 $12,317,792
3,713,376 41,037,045
810,803 1 1 , 2 8 4 , 7 3 3
1,102,927 16,737,918

$3,303,479
10,739,513
2,974,692
4,433,444

2,503,101

New York,$22,970; September 1951, $117,740; October 1950, $ 3 , 6 8 6 ;