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 OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 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
@FedFRASER