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Mr. Tow

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BORROWINGS FROM FEDERAL RESERVE BANKS

L.5,3 CONFIDENTIAL (FR)

By Central Reserve and Reserve City Member Banks - Weekly computation period ended December 3, 1958
(Dollar amounts in millions - averages of daily figures)
Central Reserve
City Banks
New
Chicago
York
Amount of borrowings
Number of banks borrowing

^ew
York

6

360
117

4
1

4
3

18

14

275

8

10

$ 1,969
$ 3,910

824

4,328
7,842

30
361

127
208

1.6
0.8

$

Banks borrowing in 10-13 of past 13 weeks:
Amount of borrowings
$
Ratio to total borrowings
$
Number of banks

23
74.2

2

1,071

3.0
2.3

8.3
4.6

9
3

92

3

169

10.6
1

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

12.4

1.1

3.3
1.9

Phila- Clevedelphia land
19
5

409
459
4.5
4.1

21

46.9
33

Number of banks borrowing during
6
All of past 13 weeks
28
1
2
10 - 12 weeks
1
33
3
7 - 9 weeks
8
117
11
1 - 6 weeks
91
2
4
Number not borrowing during past 13 weeks
NOTE: Most ratios are computed from underlying figures in thousands.




Boston

25
7

Ratio of borrowings to required reserves:
Borrowing banks
$>
All banks in the group
$
Banks borrowing in excess of 2 C o f
required reserves:
Amount of borrowings
Number of banks

Total

31

$

Total number of banks in group
Required reserves;
Borrowing banks
All banks in group (previous period)

Reserve City Banks

82
22

21

25

66

19

741
969

330
448

320

466

257

486

921

9

380

11.1

8.6

18.8

8.1
4.1

8.3
5.5

31
1

5

2

29
5

9
1

2

11

39

19

7

3

8.5

100.0

2

6

1
1
7
1

3
5

l

21

13

57
69.7
3

4

60

13

10
51.2
2

1

28

38
15

12

1
13.6
1

4

Rich- Atlanta Chicago St.
Louis
mond

8
6

6.3

12.3

40.1
3

65.0

1
2
3

2

12
3

5
4

6
8

51.0

3
5
23
35

Details may not foot to totals because of rounding.

4

14
5

120
187
11.3
7.5

1
1

3
13.4
1

5
35.8
1

2

1
1

3
9
5

San
Francisco

Minne- Kansas Dallas
apolis City

6
1

22

50

9
7

33

39

26

24

310
499

16.1

10.0

12

150 1,068
571

2,354

£S

3.1
1.4

13
9
19
37.7

1
16.4
1

3
7

1

10

6
14
9

2

8

15

3
14

JL