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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 ;