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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