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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