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Federal Reserve Bank of Philadelphia-Profit and loss account, 1946-55-Continued

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Paid to U.S. Treasury (sec. 13b).

Paid U.S. Treasury (interest on Federal Reserve notes).

Net earnings after reserves and payments to U.S. Treasury.

Transferred to surplus (sec. 13b).

Surplus (sec. 7) Jan. 1...

Federal Reserve Bank of Philadelphia-Profit and loss account, 1956-63-Continued

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Paid U.S. Treasury (interest on Federal Reserve notes). Dividends paid...

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2,677
7,219, 578

49, 801, 923
62, 421, 267
1, 349, 401

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Federal Reserve Bank of Philadelphia-Profit and loss account, 1956-63-Continued

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FORTY-NINTH ANNUAL STATEMENT OF THE FEDERAL RESERVE BANK OF

PHILADELPHIA

JANUARY 6, 1964.

This report presents a comparative statement of condition of this bank at December 31, 1962, and December 31, 1963, together with a comparison of earnings and expenses for the years 1962 and 1963. A more detailed account of operations, together with appropriate comment upon economic conditions and other pertinent data, will be included in the annual report of this bank to be issued at a later date.

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Note liabilities: Federal Reserve notes-1, 917, 598, 410. 001, 863, 328, 305. 00

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Walter E. Hoadley, vice president and treasurer, Armstrong Cork Co., Lancaster, Pa., chairman.

David C. Bevan, chairman of the finance committee, the Pennsylvania Railroad Co., Philadelphia, Pa., deputy chairman.

Ralph K. Gottshall, chairman of the board and president, Atlas Chemical Industries, Inc., Wilmington, Del.

Eugene T. Gramley, president, Milton Bank & Safe Deposit Co., Milton, Pa.
Frank R. Palmer, chairman, the Carpenter Steel Co., Reading Pa.

Leonard P. Pool, president, Air Products & Chemicals, Inc., Allentown, Pa.
Benjamin F. Sawin, vice chairman of the board and chairman of the executive
committee, Provident Tradesmens Bank & Trust Co., Philadelphia, Pa.
Charles R. Sharbaugh, president, Cambria County National Bank of Carrolltown,
Carrolltown, Pa.

Willis J. Winn, dean, Wharton School of Finance & Commerce, University of
Pennsylvania, Philadelphia, Pa.

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