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MR. TOW
L.5.U CONFIDENTIAL (ER)
MEMBER BANK BORROWINGS FROM FEDERAL RESERVE BANKS
Summary Report covering COUNTRY member banks for the semi-monthly reserve computation period ended January 15, 1957
(Dollar amounts in millions - averages of daily figures)
Total

Boston

New
York

Current semi-monthly period
Number of country banks in group
Number borrowing from Federal Reserve Bank
Required reserves (previous period):
Total for banks in group
Total for borrowing banks

$

Amount of borrowings
Ratio of borrowings"to required reserves—
Of all banks in group
Of borrowing banks

$

Number of banks borrowing $1 million or more
Amount of borrowings of such banks
Per cent of total borrowings in the group
Number of banks with ratios of borrowings to required reserves of-

kQfjo and over
10 - 19.956

5,398
551
94
1.7
17.1

Amount of borrowings by banks-With ratios of borrowings to required reserves of 40$ and over
Borrowing in all of past 6 periods

$

539
45

583
30

450
35

365

434
72

908
129

404
39

459
58

347
75

8

23

10

10

2.5
17.7

2.5
26.4

17.9
4
7
67
4

1.8
11.6

18

2
28

72

1
3
32

5
9
9
14

16
10

8

12

2

3

16

2.2

13

6

20

12

12

8

8

2.6
12.2
1

2

17

940
25

472
7

464
19

712
20

613
3

161

459
69

827
52

274

23?

3O£

415
6

309
3

13

10

2.8

19.5

4
9

2
2

2

4
7

5

13

8

2

11

4
3

4
3

2

1

1
7

2
2

46
170

4
22
77
187

3
30
131
397

12
23
54

4
12
51
516

6
15
44
385

5
13
26
321

4
15
48
873

450

0.9
11.5

18

1.5

29.0

0.2
7.6

1

7
4
4

6

20

4

2

2

10
10

1

408

0.7
24.2

21

2

0.1

8

68

19

Most ratios are computed from underlying figures in thousands. Details may not foot to totals because of rounding.




1.2

18.3

21

27

526

'

561
54

37

43
46

100

Less than

NOTE:

290

48
83
65

20 - 39-9%

Continuity of borrowings during 3 months
Number of banks borrowing during—
All 6 periods
4 - 5 periods
1 - 3 periods
Non-borrowers

6,150
296

San
Phila- Cleve- RichSt. Minne- Kansas
delphia land mond Atlanta Chicago Louis apolis City Dallas Francisco

35
3
4

7

0.3

2
2

6
6

0.1
— -

6
11
455

2
11
30
421

6
4
3

4
16
40
652

3
10

600

2
4
4
151