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CONFIDEN T I AL ™ r J T = i r OCT 2 6 1903— Federal BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, SEPTEMBER, 1953 K of September Current earnings Month LIBRARY Bank iscounts and advances Other sources $2,357,087 11,002,156 2,562,238 3,622,290 $665 1,297 585 1,113 $2,366,762 2,535,485 2,184,370 7,307,549 1,801,897 665 321 1,209 725 2,570,609 1,056,933 1,845,462 1,698,987 4,613,554 436 668 171 160 42,588,008 43,501,381 8,015 7,873 8,411 u Boston New York Philadelphia Cleveland $9,010 121,251 33,478 59,114 Richmond Atlanta Chicago S t . Louis 34,059 46,016 160,651 13,837 400 2,195 22 Minneapolis Kansas City Dallas San Francisco 20,540 88,156 32,689 153,135 426 368 TOTAL Sept. Aug. Sept. Jan.-Sept. Jan.-Sept. 1953 1953 1952 1953 1952 771,936 1,134,644 1,082,899 13,055,376 7,737,620 $6,791 512 - - - - - - 10,714 11,890 17,997 108,800 171,751 36,310,262 368,577,948 324,517,399 January - September 19$3 m Industrial U. S. Govt, loans and commit- s e c u r i t i e s ments Total October 21, 1953 Current expenses Current net earnings Current net earnings Profit and loss account -$72,888 Accrued dividends $625,546 -658,959 3,653,368 -160,180 790,594 -149,016 1,107,670 Interest on F. R. notes t o June 30 Unallocated net earnings $11,224,815 $7,575,320 35,193,125 28,517,783 10,056,627 7,458,319 16,156,464 11,501,188 $684,589 1,913,316 587,438 791,803 $1,682,173 2,015,654 2,891,226 $19,498,569 68,023,235 18,465,720 28,914,338 7,469,431 1,816,459 667,894 584,168 1,316,711 498,931 1,902,715 1,648,734 6,152,720 1,317,528 20,042,047 18,034,409 45,706,751 15,122,028 -167,749 504,700 11,235,400 8,134,198 - 96,393 489,599 10,363,700 7,084,717 -299,564 1,488,589 24,533,798 19,384,800 -143,572 401,351 8,672,405 5,904,700 1,078,335 1,934,654 1,731,847 4,766,849 309,737 445,347 413,094 942,043 768,598 1,489,307 1,3X8,753 3,824,806 8,960,732 11,634,911 13,841,923 29,337,878 - 76,105 -221,332 - 99,080 43,378,673 44,655,788 37,419,569 126,270 381,868,394 92,500 332,519,270 9,155,071 9,078,937 8,541,362 84,285,853 76,876,144 34,223,602 35,576,651 11,124,704 2,603,092 3,683,029 2,232,902 9,211,388 28,878,207 297,582,541 255,643,126 260,803 5,116,698 3,507,126 441,481 6,111,762 4,860,336 577,147 7,662,830 5,502,866 -271,282 1,270,546 15,475,390 12,320,660 297,582,541 -2,416,120 11,611,394 161,803,014 121,752,013 255,643,126 2,040,956 10,950,093 145,432,203 101,301,786 1/ includes earnings on U. S. Government s e c u r i t i e s not i n System Open Market Account: New York, $119,626; August 1953,(r) $40,333; September 1952, $57,243; January-September 1953, $955,264; January-September 1952, $590,7572/ Includes amounts f o r current quarter applicable to preceding item. (r) Revised. 2/
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