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Mr. Tow ^

L.5-3

BORROWINGS F GM FEDERAL RESERVE BANKS
R)

CONFIDENTIAL (PR)

By Central Reserve and Reserve City Member Banks - Weekly computation period ended October 23 , 1957
(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 Banks
New
Chicago
York
Amount of borrowings
Number of banks borrowing

Boston

New
York

Philadelphia

Cleveland

St.
RichA t l a n t a jChicago Louis
mond

Minne- Kansas
a p o l i s City

Dallas

San
Francisco

377
101

2
2

8
3

22
3

54
12

20
8

54
10

78
17

13
10

29
8

50
17

20
5

29

4

59
k

18

lk

281

9

10

7

23

25

20

67

20

9

40

26

25

$ 1,09k
$ 4,210

U96
1,111

3,471
7,826

221
379

46
204

257
475

715
997

219
457

291
454

954

565

236
397

177
189

224
507

126
554

394
2,257

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
%

5.8
1.5

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 weeks :
Amount of borrowings
$
Ratio t o t o t a l borrowings
%
Number of banks

11.9
5?3

—
- -

12
18.7
2

Number of banks borrowing during
A l l of p a s t 13 weeks
10 - 12 weeks
7 - 9 weeks
1 - 6 weeks
Number n o t borrowing during p a s t 13 weeks
NOTE j Most r a t i o s a r e computed from underlying




Total

63

$

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

Reserve City Banks

1

k
3
6

k

10.9
4.8

184
28

94.5
2

312
82.8
56

3
2

17
49
37
94
84

56

k

5

f i g u r e s in thousands.

0.7
0.5

—
—

17.3
3.9

5
1

8.5
4.6

—
—

7.5

5.4
11
2

43.5
1

8
100.0
3

22
100.0
3

42
78.4
8

——

1

1

1
9
1
9
3

1

1

1
5

1 2

3
4

3

l

——

16.1
15.3

22.4
9.9

15.7
3*6

7.2
1.3

41
10

12
2

2
1

24
83.0

38
75.7
11

18
89.2
4

25
88.6
2

2
4

6

2
2
2
9
11

—

9.1

4.4

18.5
11.9

13.7
8.2

5.5
3-3

7
1

29
5

65
2

8
2

4
2

14
72.2
4

41
76.1
7

72
92.8
5

7
54.0
2

4
3

—

- -

6

4

9

4
4

7
8
21
31

6
2
2
5
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 rounding.

2
6

9
3

6

6

—

3
—

7
8
8
11

2
2
13
8