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Mr. Tow 'L.5.4 CONFIDENTIAL (ER) MEMBER BANK BORROWINGS FROM FEDERAL RESERVE BANKS Summary Report covering COUNTRY member tanks for the semi-monthly reserve computation period ended February 28, 1957 (Dollar amounts in millions - averages of daily figures) Total Current semi-monthly period Number of country hanks in group Number borrowing from Federal Reserve Bank Required reserves (previous period): Total for banks in group Total for borrowing hanks $ Amount of borrowings Ratio of borrowings to required reserves— Of all tanks in group Of borrowing banks 10 - 19.9$ Less than Continuity of borrowings during 3 months Number of banks borrowing during— All 6 periods 4 - 5 periods 1 - 3 periods Non-borrowers 289 5,288 768 124 557 66 539 72 581 41 445 39 372 J.6 940 26 472 12 464 28 711 40 613 8 159 5 4l6 152 890 180 389 93 449 52 339 90 459 38 815 43 266 19 230 44 320 34 412 17 304 29 22 11 11 17 7.0 19.4 12.2 2.8 12.0 2.4 20.3 49 40 3 12 42 4 13 60 1 2 17 3 4 35 5.0 18.9 1 55 128 102 154 14 22 23 27 3 14 12 37 9 23 19 21 36 23 9 7 1 1 2 3 2.3 Bumber of banks with ratios of borrowings to required reserves of— kCrfo and over 20 - 39.9% Amount of borrowings by banks— With ratios of borrowings to required reserves of Borrowing in a H of past 6 periods 6,142 439 16.1 18 Number of banks borrowing $1 million or more Amount of borrowings of such banks Eer. cen"t;.jpf. total borrowings in the group and over 62 * 225 * 579 *5,276 NOTE: Most ratios are computed from underlying figures in thousands. Details may * Phila- Cleve- Rich- Atlanta Chicago St. Minne- Kansas Boston New Dallas York delphia land mond Louis apolis City 86 2.5 6 12 1.1 12.7 45 15 8 5 2 2 8 0.6 12.4 1 1 19 8 3 14 9 13 12 1 5 4 5 4 11 6 0.3 1 14 4 2 15 5 7 43 50 21 * 12 29 19 64 40 * 32 131 71 77 161 4l8 372 493 377 *326 not foot to totals because of rounding. 6 1 1 2 18 52 868 1.1 15.2 1 1 38 1 2 5 4 0.2 0.1 1 6 14 451 2.6 14.5 1 1 17 2 6 7 13 0.8 0.4 2 7 44 411 3.8 35.9 2 0.5 ll.l 48 10 20 3 7 8 4 6 17 41 647 0.7 28.8 1 1 61 6 January 31 correction: Total figures reported as 191, 552 and 5,355 should be 194, 561 and 5,343; Atlanta 8, 22 and 332 should be 11, 31 and 320. 6 1 2 4 1 1 3 0.3 0.3 0.2 1 2 7 603 1 3 1 6 149