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< ABOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

C O N F I D E N T I A L
jjr' *

L.4.1

.^WiNINGS AND EXPENSES OF FEDERAL RESERVE BANKS, AUGUST. 1952
of

Month
Federal
Reserve
Bank

1952

January - August 1952

Current earnings
Discounts
and
advances

Boston
New York
Philadelphia
Cleveland

$35,879
1*40,698

Richmond
Atlanta
Chicago
St, Louis

96,510
32,279
219,486

Minneapolis
Kansas CityDallas
San Francisco

14,742
132,073
44,251

TOTAL
Aug.
1952
July
1952
Aug.
1951
Jan.-Aug.1952
Jan. -Aug.1951

August

123,700

l4l,o48

88,658

Industrial
U. S. Govt,
loans
and commit- securities
1/
ments
$2,625,344
8,632,778
$13,274
2,329,334
4l6
3,699,539
394

2,582

1,130

404
1,071

441
1,924
344
1,929

1,195,264
1,757,434
1,743,306
3,596,894

304,663
428,417
398,393
817,974

38,744,134
38,262,931
6,881 34,442,550
84,088 295,099,702
110,725 248,381,828

8,451,580
8,793,983

19,453
13,960
23,336
153,755
152,978

37,135,305
36,662,259
33,985,492
288,207,138
245,153,016




11,289

9,435

424,911
9,644,674 4,869,890
401,091
8,549,441
4,185,904
286,638 1,253,752 22,181,185 10,696,933
113,410
340,290 7,924,129
3,977,644

1,329,017
1,344,913
2,778,920

1,179,677

1,578,087

14,813,071

1,984,868
1,708,449
4,231,736
1,614,262

5,526,283
2,095,676

1,622,366

$9,847,631 $4,053,324
450,952 3,064,105 31,804,640 17,292,825
129,541
8,880,551
4,638,344
679,730
201,055. 929,788 14,709,340
7,501,061

2,602,495

224

811

$15,063,593
51*710,618
14,069,084
22,939,134

$2,026,083

2,180,296

8,182,651

68,334,782
62,554,168

Interest
on F. R.
notes to
June 30

Current
net
earnings

$635,116
1,740,457
533,267
727,858
617,627
471,847
1,294,547
48l,4l4

1,698,711
3,386,020

2/

832

1,372

Profit
and
loss
Accrued
account dividends
(credit)

Current
net
earnings

$2,661,999
9,074,972
2,467,140
3,842,375

737
403

182

1/

$776
1,496

Total

Current
expenses

2,504,854
2,145,032
5,304,856
2,006,794

208,763

1,577,277
426,841
6,654,721
2,965,109

Other
sources

September 23, 1952

7,334,515
1,933,873
3,114,517

890,601

30,292,554
29,468,948
26,259,899
226,764,920

185,827,660

13,029,160

33,845,232
12,128,653
7,046,146
10,482,106
10,444,610
21,193,513

Unallocated
net
earnings

126,404
107,276

60,500

218,025

4,615,567

6,900,501
92,148
367,425
86,464
467,352
6,794,133
182,251 1,045,412 13,580,411

2,273,054
3,306,328

3,269,589

6,749,941

226,764,920 1,999,348 9,717,228 145,432,203 73,614,837
185,827,660 -1,951,342 9,174,876 112,361,202 62,340,240

Includes earnings on U. S. Government securities not in System Open Market Account: New York $74,68l;
July 1952, $262,972; August 1951, $130,634; January-August 1952, $533,514; January-August 1951, $398,943.
Includes amounts for current quarter applicable to preceding item.