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CONFIDENT I AL

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
EARNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, JULY, 1947
•
:
:
—

L.4.I •

of

Month
'ederal
Reserve
Bank

July

Earnings from —
Industrial TJ. S. Gov't s e c u r i t i e s
Discounts
loans
. Other
Other
and commit- System
and
sources
Account
advances ments

Boston
New York
Philadelphia
Cleveland

$9,063
22,243
7,M6
13,772

$28
6,034
569
187
9
13
86

Current
Total

1

1947

expenses

Current
net
earnings

Current
net
earnings

Profit
and
loss
account

31,827,536 3576,221
7,111*802 2,011,059
2,225,841 720,743
2,581,299 942,142

3355,686
1,261,172
346,681
484,725

3406,040
1,1445,064
506,248
703,967

32,662,152
10,938,551
3,278,852
3,972,283

700,582

16,537
4,453
266,531
27,548

1,743
1,882
11,097
5,929

726,199
604,186
1,471,826
595,598

345,767
288,104
782,850
317,370

380,432
316,082
688,976
278,228

2,542,500
2,147,714
6,197,292
1,910,627

111,798
272,544
-36,687

319,255
549,752
487,334
955,920

11,374
13,382

1,211
14,634
812
4,569

333,422
587,020
496,925
1,058,925

167,195
280,081
269,348
485,^29

166,227
306,939
227,577
573,496

1,148,680
1,921,120
1,522,973
4,387,551

59,867
103,619
92,131
212,061

1,582
9*224
2,722
5,508

151

100,374
136,313
198,790

7,105
7,151
4,567

9,765,1)28 1,168,771
8,916,177 1,612,255
10,781,641 1,675,873

62,006 11,383,684
62,084 1 0 , 7 3 3 , 9 8 0
72,139 12,733,010

5,384,408
4,982,738
4,958,941

5,999,276
5,751,242
7,774,069

J a n . - J u l y 1947 1,256,869
J a n . - J u l y 19^46 1,290,077

1^2,264
31,018

65,978,164 32,04,330
74,1445,992 m460,999

413,205 79,724,832
399,759 i 87,627,845

37,094,537
31,876,998

630,295
55,750,847

6,057

92,777

1947

3132,204 3390,599
529,572 2,345,262
163,489
495,757
652,478
*03,636

4761,726
2,706,236
852,929
1,188,692

Minneapolis
Kansas CityDallas
San Francisco

July

I n t e r e s t Unallocated
on F.R#
net
earnings
notes
t o 6-30-47

3548
9,571
643
9,367

594,488
1,185,071
553,209

-

Accrued
dividends

#20,223
928,570
40,282
21,037

7,150
3,354
9,114

28

January

3731,864
1,745,852
798,154
1,143,947

Richmond
Atlanta
Chicago
S t . Lovtid-

8,826

September 2 , 194-7

129,605

280,912 1,829,357
561,836
479,720
254,929 1,524,863
797,328 4,523,651 1,148,857
219,987 1,245,700 408,253
; 146,581
819,327
221,774 1,356,625
246,595 1,042,693
622,583 3 , 1 1 7 , 6 4 8

242,639

4M,34o
325,826

859,381

TOTAL
JW
June
July

1947
1947
1946




42,630,295

55,750,847

1,973,839 6,674,773 29,206,342 8,723,019
-198,740 6,342,138
—
+£209,969