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Mr. 7?> Tow o BORROWINGS FROM FEDERAL RESERVE BANKS L . 5 » 3 CONFIDENTIAL (FR) By C e n t r a l Reserve and Reserve C i t y Member Banks - Weekly computation p e r i o d ended September 4 , 1957 ( D o l l a r amounts i n m i l l i o n s - averages of d a i l y f i g u r e s ) C e n t r a l Reserve C '.ty Banks New Chicago York Amount of borrowings Number of banks borrowing Boston New York P h i l a - Clevedelphia land St. RichA t l a n t a Chicago Louis mond Minne- Kansas Dallas apolis City San Francisco 6 47 6 479 111 17 2 23 6 47 5 59 10 30 13 62 11 78 19 39 9 16 5 54 21 20 6 35 4 18 14 282 9 10 7 23 25 20 67 20 9 41 26 25 $ 1,337 $ 4,181 487 1,138 229 373 101 198 391 452 578 1,002 292 288 519 972 386 154 75 197 501 273 117 565 433 2,224 R a t i o 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 i n t h e group % 9.8 3.1 Banks borrowing i n e x c e s s of 20% of required reservesr Amount of borrowings Number of banks Banks borrowing i n 10-13 of p a s t 13 weeks $ Amount of borrowings $ R a t i o t o t o t a l borrowings % Number of banks 9.6 4,1 3,450* 7,765 13.9* 6.2 7.4 2 2 . 4 4=6 11.6 1 1 105 80.3 Number of banks borrowing d u r i n g A l l of p a s t 13 weeks 10 - 12 weeks 7 - 9 weeks 1 - 6 weeks Number n o t borrowing d u r i n g p a s t 13 weeks __t „ __ NvfTEj Most r a t i o s a r e computed "from u n d e r l v i n g y ^ * August 28 c o r r e c t i o n s T o t a l f i g u r e should be Total 131 $ 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 i n group ( p r e v i o u s p e r i o d ) Reserve C i t y Banks 5 181,5 33 319.8 12 52, 10.4 91.0 3 66.8 61 3 10.2 5-9 o»5 1 12 2 43 12.1 47 100.0 5 55 94.3 7 445 10.4 6.7 2 1 23 75.7 7 449 21.6 15.0 25.6 51 29 7 3 13.8 6 60 96.9 9 8.0 48 61 o 9 9 1 4 20 3 1 3 6 6 2 7 2 49 4 8 1 5 43 7 3 19 1 5 5 82 2 5 30 1 7 5 88 3 4 D e t a i l s may n o t f o o t t o t o t a l s because oT~rounding f i g u r e s in thousands w 3 , 8 8 6 and r a t i o same, Chicago 514 and 9«7 10.1 4 5 13.3 2 mm** 2 1 14 3 8.1 19.6 10.8 17.1 3.5 7 3 37 7 8.0 13 2 21.3 15.8 99.1 4 1 4 2 2 — a 82.6 13 5 9 9 6 12 1 7.1 1 1 1 3 8 13 1.6 9 26.2 1 1 — 6 10 8