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Mr. Tow (2cX--CC L.5.3 CONFIDENTIAL (FR) MEMBER BANK BORROWINGS FROM FEDERAL RESERVE BANKS ftnmmflry Report covering CENTRAL RESERVE and RESERVE CITY member banks for the weekly reserve computation period ended Wednesday August 29, 1956 {Dollar amounts in millions - averages of daily figures) Central Reserve Reserve City Banks City Banks Phila- Cleve- Rich- Atlanta Chicago St. Minne- Kansas Dallas San Boston New Total New FranChicago York delphia land mond Louis apolis City York cisco Current weekly period 8 26 21 20 22 Number of CR or RC banks in group 10 41 18 72 26 291 13 9 27 9 11 Number borrowing from Federal Reserve Bank 12 4 12 8 6 112 20 17 5 3 9 7 5 5 Required reserves (previous period): Total for banks in group Total for borrowing banks Number of banks borrowing $5 million or more Amount of borrowings of such banks Per cent of total borrowings in the group $ % 4 Number of banks with ratios of borrowings to required reserves of— 20$ and over 96 2 114 99 $ $ 68 100 100 12 5.8 15.8 10.1 15.6 9.7 13.4 9.6 17.1 3.2 10.4 4 32 79 10 55 3 40 69 55 3 25 51 15 83 1 3 3 4 4 5 3 5 4 3 1 1 3 8 21 12 5 23 30 19 25 15 32 6.7 23.4 11.2 5.6 12.3 10.0 263 27 2 11 67 86 3 43 84 5 54 75 2 2 4 1 3 4 5-1 12.5 37 4 18 25 3,162 21 28 26 4 10 - 19.9$ 5 - 9-9% Less than 5% Amount of borrowings by banks— With ratios of borrowings to required reserves of 20% and over Borrowing in 10-13 of past 13 weeks 216 50 72 395 15.3 18 52 115 10.0 40 13 225 5.2 9-1 2,219 320 $ $ % 555 174 205 7,787 210 251 374 21 1.1 20.9 1 2 2 1 13-3 3 1 1 1 11 21 7 52 7.3 9.4 30 54 450 2 15 60 5 1 2 4 395 365 258 57 6.9 2 18 Continuity of borrowings during last 13 weeks Number of banks borrowing during— 1 1 4 1 3 All 13 weeks 2 25 6 4 4 4 1 1 10 - 12 weeks 43 2 2 4 2 2 1 2 2 4 7 - 9 weeks 2 37 6 1 4 13 1 - 6 weeks 2 4 83 5 11 6 6 6 1 Non-borrowers 2 103 1 1 3 NOTE: Most ratios are computed from underlying figures in thousands. Details may not foot to totals because of rounding. 186 520 290 985 763 1,145 751 980 137 464 390 4,319 2,475 Amount of borrowings Ratio of borrowings to required reserves-Of all banks in group Of borrowing banks 466 194 56 $ $ 4 8 7 15 38 3 5 9 3 1 4 13 18 5 1 2 1 3 5 4 183 2:1 2 2 2 1 1 2 2 33 38 10 2 2 3 9 4 2 2 8 1L 17 3 9 M. 3 10 13