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CONFIDENTIAL
Not f o r publication

Federal
Reserve
Bank

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis

EARNINGS AND EXPENSES Of FEDERAL RESERVE BANKS, SEPTEMBER l9I4.it

Month
Of
Earnings from —
I n d u s t r i a l U. S. Gov1fc. s e c u r i t i e s
loans
DisOption
counted and commit- System
Account
Account
ments
bills

September

Other
sources

Total

January - September I9lj.l1.

1944
Current expenses
' Net
operating
expenses- l /

Total
current
expenses 2 /

B-811

Current
net
earnings

Current
net
earnings

$2,457,251
9,243,911
2,769,038
3,413,480

192,359
179,646
374,538
156,169

284,025
252,570
328,383
217,001

1,849,479
1,631,151
3,659,847
1,468,725

190,489
160,714
136,346
323,464

153,918
230,136
219,186
593,806

1,123,241
1,561,583
1,364,325
3,093,918

5,032,829
4,969,232
1,300,917
37,170,135 37,170,135 3,553,007 7,087,195
18,499,024 18,499,024 33,683,281 6,647,988

33,635,949
45,534,317

' $4,000
343
9,162
1,147

$55?,999
1,558,580
607,955
826,010

$42,691
885,469
63,011
36,541

$621
7,329
477
5,764

$610,063
2,481,038692,115
870,906

$229,287
745,954
238,358
323,634

$280,769
912,856
295,574
375,865

$329,294 $2,653,758
1,568,232 10,975,034
386,541 2,924,721
495,041 3,799,053

1,136
2,422
3,138
5,?32

758
97

486,943
452,225
823,637
356,845

17,022
12,566
309,262
30,775

537
284
10,844
2,951

506,396
467,594
1., 146,981
395,829

212,924
172,545
480,308
185,651

275,800
218,417
572, 5%
199,644

230,596 1,941,145
249,177 1,704,076
574,322 4,113,692
196,185 1,529,557

747
836
98
209

66
123

219,696
385,687
333,401
783,818

22,523
- 12,840
7,581
102,167

174
13,386
745
441

243,206
412,872
341,825
896,593

99,571
174,719
144,063
316,453

116,807
204,739
175,216
394,293

126,399
208,133
166,609
502,300

1,086,670
1,631,005
1,447,164
3,364,260

25,680 7,394,796
27,944 7,566,395
36,272 5,508,198
275,100 62,281,420
366,518 49*460,349

1,542,448
1,299,465
*
10,873,786
*

43,553
42,245
50,285
399,911
448,585

3,323,467
9,055,369
3,324,863
8,969,827
3,105,685
5,614,325
74,167,483 29,617,937
50,361,791 26,318,545

4,022,539
4,ooo,595
3,813,408
36,997,348
31,862,767

Minneapolis
' Kansas CityDallas
San Francisco

TOTAL
Sept.
I9I4J4 48,891
Aug.
I9i4.il. 33,778
Sept.
1943 . .19,570
Jan.-Sept. 194L 337,266
Jan.-Sept,1943
86,339

9,958

l / Operating expenses a f t e r deducting reimbursable expenses.
5 / Net operating expenses plus cost of Federal Reserve currency and assessment f o r Board's expenses.
BOARD OF GOVERNORS
~
*Included in preceding column.
OF THE FEDERAL RESERVE SYSTEM
DIVISION OF BANK OPERATIONS
OCTOBER 18, I9hh




Amount
available
Accrued
dividends f o r reserves,
l o s s e s , and
surplus

$243,977 $445,485
872,914 2,604,038
536,318
380,635
722,329
336,756

$2,752
29*367
1,510
1,444

26

Profit
and
loss
account