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Mr.

Tow

77
BORROWINGS FROM FEDERAL RESERVE BANKS

U 5 . 3 CONFIDENTIAL (FR)

By Central Reserve and Reserve City Member Banks - Weekly computation period ended February 12, 1958
(Dollar amounts in m i l l i o n s <- averages of d a i l y f i g u r e s )
Central Reserve
City IBanks
New
Chicago
York
Amount of borrowings
Number of banks borrowing

$

44
2

27
3

18

14

278

$
858
$ 4,201

1*07
1,120

2,055
7,795

Ratio of borrowings t o r e q u i r e d r e s e r v e s :
Borrowing banks
%
A l l banks in t h e group
%
Banks borrowing-in excess of 20% of
required reserves:
Amount of borrowings
Number of banks
Banks borrowing in 10-13 of p a s t 13 weeksi
Amount of borrowings
Ratio t o t o t a l borrowings
Number of banks

Boston

5.1

1.0

6.7

2.1*

$

56

New
York

P h i l a - Clevedelphia land

—

40

26

24

57
393

9
178

115
503

540

2,292

8
5

9

10

7

23

23

20

67

21
207

29
465

716
997

138

370

142
438

454
970

10.9
1.0

8.7
0.6

4.6
3.3

4.4
1.4

11.7
3.9

2
1
__
«• •*

11
34.2
b

4
1

2
36.9

16

1

Number of banks borrowing during
__
A l l of p a s t 13 weeks
1
1
7
10 - 12 weeks
1
28
2
5
7 - 9 weeks
1 1
8
1
47
5
3
3
3
j
1 - 6 weeks
| 6
11
11
107
5
5
5
3
Number n o t borrowing during p a s t 13 weeks ,
_
_
6
1
89
1 2
4
4
4
3
NOTE; Most r a t i o s " a r e computed from underlying f i g u r e s in thousands. D e t a i l s may n o t f o o t t o t o t a l s because of



9

3?
14

10

tmrnt

20

17
5

6.1
1.6

68
54.4
28

10
3

6
5

3b

1
4.4
1

—

33
12

hh3

96.0
4

1
4
5
3
7

6.6
3.1

13
3
16
53.7
6

2
6
9
18
32

rounding.

San
Francisco

16
8

3
1

—

Minne- Kansas
a p o l i s City Dallas
0.1
1

2
2

125

T o t a l number of banks in group
Required r e s e r v e s $
Borrowing banks
A l l banks i n group (previous p e r i o d )

Total

Reserve City Banks
RichSt.
mond Atlanta Chicago Louis

14.3
2.0

1.2

0.1

6
2

2

9
5

2.8

14.4
3.2

0.4

..

9
3
12
70.5
6

8
98.3
4
1
3

374

__
1
1
7
—

1
7
7
14

11

__

3

24.6
1

1

4

10
12

1
16
6