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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