The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
9 % 1950 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM October 24, 1950 EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, SEPTEMBER 1950 C O N F I D E N T I A L M# L. 4.1 of Month 1950 Current Earnings Federal Reserve Bank Discounts and advances Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis 7,450 356 6,398 9,771 608 22 8,560 7,820 3,804 2,851 1950 137,580 1950 228,475 1949 219,671 1950 1,513,565 1949 2.790,506 Industrial loans and commitments $5,017 46,852 3,059 12,338 12,082 19,028 Minneapolis Kansas City Dallas 6an Francisco TOTAL Sept. Aug. Sept. Jan.-Sept. Jan.-Sept. September $116 175 820 106 U. S. Govt, securities 1L Other sources $1,495,298 5,063,562 1,442,397 $1,470 11,894 2,010,562 17,107 1,401,294 1,161,795 3,296,913 1,196,434 1,197 671,062 1,006,474 984,611 1,974,969 498 2,180 3,479 3,833 1,062 20,212 1,024 689 Total $1,501,785 5,122,424 1,453,404 2,040,363 Current expenses Current net earnings $493,483 $1,008,302 3,610,859 1,511,565 1,065,031 388,373 1,416,038 624,325 Current net earnings $9,716,869 $2,771,431 $545,146 $7,405,396 $4,537,758 15,746,100 4,618,542 6,295,899 34,702,087 9,944,454 13,692,593 2,598,051 5,642,028 1,244,778 2,165,254 322,114 6,986,842 5,823,361 16,348,388 5,896,978 4,191,092 3,644,392 10,135,762 3,654,042 219,565 347,294 406,225 970,323 3,351,389 5,040,270 4,951,026 9,984,542 2,062,231 925,418 823,401 2,325,345 9,006,993 7,723,877 22,086,900 7,707,880 681,504 1,034,506 989,439 1,978,615 223,399 357,638 458,105 676,868 622,397 1,356,218 4,411,868 6,500,730 6,539,108 13,146,688 677,911 2/ 25,395,411 7,512,130 10,315,497 484,079 350,367 987,304 393,070 311,528 Unallocated net earnings 9,724,981 3,285,557 2,878,950 692,732 3,822,268 903,465 1,409,497 1,173,768 3,312,649 1,219,295 826,225 January - September 1950 Profit Interest and on F. R. loss Accrued notes to account dividends (credit) June 30 2,132,683 1,221,317 1,954,639 1,813,270 3,766,895 427,110 388,807 3,067,805 2,995,127 5,958,718 6,747,528 15,169,721 64,645 21,917,249 21,705,371 9,653 6,834,635 15,571,000 22,405,635 61,735 22,105,111 10,314 r6,335,405 rl6,868,517 23,203,922 58,509 22,922,775 2,967 66,907,468 145,180,047 40,491,767 9,753,116 109,011,230 58,745,139 145,180,047 544,247 203,925,186 201,774,328 93,046 3/r96,046,985 rl86,578,236 26,674,704 9,210,793 107,995,162 rl86,578,236 c58,038,133 585,238 244,616,369 32,486 241,208,139 l/ Includes earnings on U. S. Government securities not in System Open Market Account: New York $7,832; Chicago $7,691, September 1950, $15,523; September 1949, $27,423; Jan.-Sept.1950, $100,069; Jan.-Sept. 1949, $42,029. 2/ Includes amounts for current quarter applicable to preceding item. 3/ Includes $30,000,000 earmarked for contingent reserves. r Revised.
@FedFRASER