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CONFIDENTIAL
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS. SEPTEMBER, I9I46

L.4.1

Federal
Reserve
Bank

Industrial
Disloans
counts
and commit'
and
ments
advances

Boston
New York
P hil a de l ph i a
Cleveland

$12,027
74,987
13,840
19,437

Other
sources

Total

$487,703 $4,500,349
1,944,363 17,995,085
4,956,150
543,747
6,833,165
698,881

Profit
and
loss
account

Accrued
dividends

1,07^,696

812,802

$789,107
3,077,824
879,362
1,122,196

$267,275
984,729
292,587
382,979

$301,404
1,133,461
335,615
423,315

16,142
4,968
289,365
27,616

1,145
2,422
12,387
4,768

766,837
645,491
1,736,966
571,652

274,409

11
1,218

728,916
627,702
1,401,481
529,721

302,608
259,505
635,609
294,837

464,229
385,986
1,101,357
276,815

4,358,440
3,583,578
10,224,567
3,017,358

-30,522
-10,569
-56,623
-61,471

10,591
19,262
4,901
108,067

607
14,155
736
3,732

342,831
587,641
476,524
1,290,853

203,903
414,185

152,072
282,796
237,553
471,976

190,759
304,845
238,971
818,077

1,843,704
3,200,531
2,675,318
7,878,282

•525,844
-39,580
-29,601
-21,765

57,576
1,588,049
62,305
1,660,536
46,007
1,548,192
14,709,584 519,640
13,699,291 411,635

12,287,284
12,735,904
12,473,713
112,651,033
102,280,435

4,233,566
4,266,703
3,468,157
36*719,254
30,845,977

4,830,751
4,876,757
4,090,583
41,584,506
36,019,825

7,456,533
7,859,147
8,383,130
71,066,527
66,260,610

—— —

2,294
278
206

Minneapolis
Kansas CityDallas
San Francisco

12,978
9,207
5,370
11,509

74
8

318,655
515,017
465,443
1,167,537

19U6 232,233
1946 213,891
1945 167,568
1S&.6 1,736,201
19U5 1^30,574

4,321
4,011
7,720
39,350
92,929

10,1+05,105
10,795,161
10,704,226
95,646,258
86,746,006

—

226,612
550,714
258,984

130,378

246,811

71,066,527

66,260,610

Amount
avallable
for reserves,
l o s s e s , and
surplus

-$5,233 $485,937 $4,009,179
-80,047 2,893,244 15,021,794
4,418,466
68,848
606,532
6,004,099.
- 9,119
819,947

$497
6,715
632
9,780

$ 751,687
1,978,448

20,428
10,399
33,722
8,329




Option
Account

Total
Net
current
operating
expenses l / expenses 2 /

Current
net
earnings

Current
net
earnings

$21,664
017,674
49,794
18,005

$232

Richmond
Atlanta
Chicago
S t , Louis

TOTAL
'Sept.
Aug.
Sept.
Jan .-Septi
Jan.-Sept.

Current expenses

Earnings from —
U. S. Govt, s e c u r i t i e s
System
Account

"1946

September

of

Month

October 18* 1946

341,019
305,784
977,607
262,550

3,986,899
3,267,225
9,190,337
2,693,357

178,195

1,639,665
2,891,670
2,353,686

269,281
292,031
754,414

-301,526 8*86,541
2,306,521 7#80k827

l / Operating expenses a f t e r deducting reimbursable expenses.
2"/ Net operating expenses plus cost of Federal Reserve currency and assessment f o r Board's expenses.

7,102,103

62,578,460
^,986,304