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BORROWINGS FROM FEDERAL RESERVE BANKS

L.5.4 CONFIDENTIAL (FR)

By Country Member Banks - Semi-monthly computation period ended July 31, 1959
(Dollar amounts in millions - averages of daily figures)
Phila
delphia

Total

Boston

New
York

222

38
78

*18

595

14
48

Total number of banks in group

5,971

275

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

1,108

84
412

Amount of borrowings
Number of banks borrowing

$

$ 5,^34

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

20.0
4.1

Banks borrowing in excess of 40$ of
required reserves:
Amount of borrowings
Number of banks

$

Banks borrowing in all of past 6 periods:
Amount of borrowings
Ratio to total borrowings

$

16.2

84

126

61.8
27.8

Number of banks borrowing during
All of past 6 periods
4 - 5 periods
1 - 3 periods
Number not borrowing during past 6 periods
NOTE:
*

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM




St.
Louis

Minneapolis

Kansas
City

Dallas

San
Francisco

10

7

*28

71

47

62

26
43

32
67

6
19

13
44

23
79

29

491

496

560

433

376

934

469

46?

715

607

148

293
960

110

56
441

100

92
463

133
839

31

65
243

63
332

54
4o6

27
334

4o4

12.9
4.0

1
4

6

11.3

Rich- Atlanta Chicago
mond

9

3.4

2

Cleveland

8
20.0
7
51
123

310

19-4
5.3

8
18

2

5
9

6
19.7

2
26.2

4
32.9

13
36

3
11

8
21

2<

27.7
5.6

23.9
3.8

2

20

4

16

10
14

3
15.0

0,
5

13
45.6

10
39.5

13
38
83

4

10
20

15-

9

362

16

81
459

zz&zEi

roundiDg

-

266

19.6
2.3

28.3
8.4

16.3
4.5

6

3

334

2

8

36.5
6.9

18.3
2.5

15
35

4
13

2
2

12

1
13.3

0.3
3.9

50.0

25.7

2.1