The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Mr. Tow BORROWINGS FROM FEDERAL RESERVE BANKS L,5»4 CONFIDENTIAL (PR) By Country Member Banks - Semi-monthly computation period ended November 15, 1957 (Dollar amounts in millions - averages of daily figures) Total Amount of borrowings Number of banks borrowing Boston New York Philadelphia Cleveland Richmond 170 U06 18 45 22 67 42 13 36 26 Total number of banks in group 6,098 285 540 528 578 Required reserves $ Borrowing banks All banks in group (previous period) 977 5,431 61 430 257 923 76 403 77 46l 1* .San Francisco 22 67 12 15 10 6 444 375 943 471 465 709 607 153 46 349 97 462 136 848 31 270 32 244 53 321 35 406 76 313 Banks borrowing in excess of 1+0% of required reserves: Amount of borrowings Number of banks 61 70 11 4 1 2 1 2 1 2 3 5 Banks borrowing in all of past 6 periods: Amount of borrowings Ratio to total borrowings 48 28.2 3 , 15.4 1 2.9 4 59.5 5 42.4 3 46.6 13 24 5 17 50 Dallas 6 21 8.9 1.7 506 Kansas City 4 8.6 2.4 61 Minneapolis 11 29.4 4.2 430 St. Louis 23 47 174 3.1 Number of banks borrowing during All 6 periods 8 59 3 4 - 5 periods 14 173 35 1 - 3 periods 117 555 73 Number not borrowing during past 6 periods , 190. 5,311 385 NOTE; Most ratios are computed fronflondorlying" figures-in thousands * Excludes daily average "as of" discount credit of $1 million. 26 Chicago 23 7 Ratio of borrowings to required reservesj Borrowing banks All banks in the group 16.2 2.8 Atlanta 16.3 2.0 6 19 47 372 26.5 5.6 16.8 2.7 12 5 4 5 11 43.8 1 4.6 7 9 26 333 2 12 63 866 13a 1.5 1 1 18.6 2.5 2 3 __ __ 5 10 455 35 420 11 41.5 6.9 16 35 4 19.9 10 19 54 626 34.6 3.0 9 6 8 69.2 4 6 12 585 13.7 3.2 — 8 74.7 1 3 6 143
@FedFRASER