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BORROWINGS FROM FEDERAL RESERVE BAMS
L . 5 . 4 COMFIDEHTIAL (FR)
By Country Member Banks - Semi-monthly computation period ended February 28, 1959
(Dollar amounts in millions - averages of daily f i g u r e s )
Amount of borrowings
Number of banks borrowing
$
Total number of banks in group
Required reserves:
Borrowing banks
All banks in group (previous period)
Ratio of borrowings to required reserves:
Borrowing banks
All banks in the group
$
$
$
Kansas
City
Dallas
San
Francisco
6
30
21
47
4
13
1
6
469
467
712
605
144
29
34
250
50
341
21
417
6
305
Rich- Atlanta Chicago St.
Louis
mond
Boston
191
584
22
75
26
88
*15
96
15
62
18
66
28
29
29
55
7
17
5,997
279
498
503
568
439
375
938
1,022
5,411
113
409
260
942
95
395
89
438
122
341
82
459
121
846
18.7
3.5
{Banks borrowing in excess of 40% of
required reserves:
Amount of borrowings
Number of banks
$
63.2
104
Banks borrowing in a l l of past 6 periods:
Amount of borrowings
Ratio t o t o t a l borrowings
$
$
49.2
25.8
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
16.4
3.4
19.1
5.4
9.8
2.8
15,9
3.8
3
12
4
3
14
3
5
4
5
34.1
4
16.7
Number of banks borrowing during
90
9
All 6 periods
78
279
4 - 5 periods
24
607
1 - 3 periods
168
5,021
Number not borrowing during past 6 periods
NOTE
* Excludes daily average "as of" discount credits of $3 million.
New
Phila- Cleveland
York delphia
Total
6
3
12.3
6
55
127
310
25.6
19
40
83
361
14
17
69
468
14.8
5.3
34.0
6.1
24.2
3.4
5
12
14
10
14
49.0
1
7.5
7
18
66
348
8
15
26
326
270
25.8
Minneapolis
16.7
1
20.2
1.0
2.6
2.4
43.2
6.2
10
15
2
2
1
4
16
20
2
3
5
15.7
1
6.9
12
57.3
0.2
5.0
11
19
57
8?1
1
7
26
435
- •
6
54
407
14
14
58
626
1
7
11
586
21.2
0.3
6.2
1
3
6
.135
@FedFRASER