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BORROWINGS FROM FEDERAL RESERVE BANKS

L.$.4 CONFIDENTIAL (FR)

By Country Member Banks - Biweekly computation period ended August 24, i960
(Dollar amounts in millions - averages of daily figures)
Phila- CleveNew
land
York delphia

Total

Boston

118

18

413

7
23

55

48

Total number of banks in group

5,955

264

474

Required reserves (previous period):
Borrowing banks
All banks in group

735
5,560

44
4l8

201
985

Amount of borrowings
Number of banks indebted

Ratio of borrowings to required reserves:
Borrowing banks
All banks in the group

16.1
2.1

16.4
1-7

8.9
1.8

Banks with borrowings in excess of 40%
of required reserves:
Amount of borrowings
Number of banks

41.1
78

0.3

0.3

36.6
31.0

1

0.1
0.3

Borrowing banks indebted in all of
past 6 periods:
Amount of borrowings
(current
Ratio to total borrowings
period)

$

2

13.2

1

6

6

Rich- Atlanta Chicago
mond

St.
Louis

Minneapolis

Kansas
City

Dallas

21

10

32

17
47

54

1
9

5
24

10
57

13
32

488

549

422

388

971

466

465

718

608

142

60

47
443

82

83
460

96
946

8

22

36
338

32
396

24
341

412

10.7
1.5

11.8

2

0.4

4

1
22.5

1.4

2

318

20.9
5.3

26

25-3
4.6

7

11

7
42.6

11

11

10

54.0

10.7

1.1

263

12.7
0.4

1
5

0.1

2

0.5
50.9

20.6

1

239

24-9

2.1

4
4

2

34.7

MEMO: Number of banks indebted during
2
18
7
14
13
15
1
110
All of past 6 periods
3
16
10
21
7
35
15
22
11
226
33
4 - 5 periods
60
106
31
63
27
116
67
91
90
1 - 3 periods
756
426
817
320
467
J§2_
160
350
4,863
Number not indebted during past 6 periods
J21
NOTE: Most ratios are computed from underly: ng figures in thousands. Details may not foot to totals because of rounding.

J2L

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM




San
Francisco
4

28.6
3.0

6

41.5
3-3

15.3

8

1

23

13

4
38.7

7
50.3

22

14

40

68

J88_

6

12
28

.55!

1.2

2

1
21.9
1
4
9

128