View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

CONFIDENT I A L
October 26, 1948

BOARD O G V R O S O THE FEDERAL RESERVE SYSTEM
F OENR F
EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, SEPTEMBER 1948

LJul

Discounts
and
advances

Federal
Reserve
Bank

Month
of
Earnings from —
Industrial U. S, Govt. securities
loans
System
and commitOther
Account
ments

Accrued
dividends

1,691,091
1,307,742
3,722,479

1,1*22,260

1,131
1,851
5,788
1,891

1,720,169
1,326,576
3,791,617
1,444,690

443,038
359,442
961,549
38>,464

9,938,681
7,611,810
2,830,068 22,077,232
1,061,226 8,235,819

379,790
347,897
69,634
181,280 1,093,756
293,050
67,715

798,150
1,215,870
1,182,167
2,370,406

754
14,350
1,124
4,507

807,198
1,248,564
1,194,233
2,403,747

190,909
517,332
267,263
533,984

616,289
931,232
926,970
1,869,763

4,697,255
7,081,898
7,018,941
14,260,351

38,993
64,316
59,686
129,817

26,085,458
4,014
25,326,997
—
3,487
13,854,418
$361,463
7,295
—
45,118 205,344,464
56,721 91*721,565 15,422,608

61,135
64,642
84,o42
601,676
559,383

26,595,326 6,202, 112 20,595,214
19,517,644
25,745,562 6,227,918
8,925,108
14,443,200 5,520,092
209,061,020 52,954,158 156,106,882 156,106^882
59,547,248 59,547,248
107,291,554 147,944,286

1,525,020
2,395,508

24,747
16,979
63,095
20,559

197
4
255

Minneapolis
Kansas City
Dallas
San Francisco

7,994
18,225
10,942
28,750

—

119
104

1,277,131
967,134

Interest
on F. R»
notes t o
June 30

Unallocated
net
earnings

$91,376 $598,833 $U,903,122 $4,925,916
318,839 3,106,111 17,597,702 17,938,385
654,562 5,368,000 5,451,304
100,592
118,532
853,459 7,236,084 7,270/756

19,162

Richmond
Atlanta
Chicago
St. Louis




Profit
and
loss
account

$1,353,491 610,246,495
5,074,851 38,323,359
1,480,697 11,373,274
2,004,369 15,241*767

2,608
671

444,719
550,456
155,982
3,069,762
1,551,259

Current
expenses

Current
net
earnings

$424,043
1,357,564
414,452
549,072

$1,753,070
6,251,823
1,863,28k
2,500,813

I9I48
1948
1947
lg48
1947

Total

Current
net
earnings

September 1948"

$1,777,534
6,432,415
1,895,149
2,553,434

. $56

TOTAL
Sept.
Aug.
Sept.
Jan.-Sept#
Jan. -Sept^

Other
sources

January"

"1955"

$556
9,432
589

$25,852
168,160
28,668
52,788

Boston
New York
Philadelphia
Cleveland

September

82,240

196,482
304,269
343,163
834,378

4,847,991
3,688,296
10,622,751
4,061,956

4,795,140
5,645,251
10,542,005
5,948,528

2,290,872 2,248,894
3,452,647 3,389,29a
3,368,210 3,367,254
6,792,006 6,763,784

8,915,750 74,229,657 74,284,515
8,607,829 29,206,542 25,928,585


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102