The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Mr. Tow ^ L.5.4 CONFIDENTIAL (FR) MEMBER BANK BORROWINGS FROM FEDERAL RESERVE BANKS Summary Report covering COUNTRY member banks for the semi-monthly reserve computation period ended March 15, 1957 (Dollar amounts in mil:Lions - averages oJ 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 San Phila- Cleve- RichSt. Minne- Kansas Atlanta Chicago Dallas Frandelphia land mond Louis apolis City cisco 6,147 472 289 85 557 97 539 70 581 39 445 31 372 13 945 40 472 9 464 33 711 40 613 10 159 5 $ $ 5,269 938 414 152 890 313 390 99 448 79 335 52 459 27 813 96 265 14 229 45 318 36 408 19 302 6 $ 171 44 34 24 12 15 4 15 3 9 8 3 1 0.3 19.5 Amount of borrowings Ratio of borrowings to required reserves— Of all banks in group Of borrowing banks # $ 3.2 18.2 10.6 29.2 3.8 11.0 6.2 24.6 2.7 15.2 4.5 28.9 0.9 13.7 1.8 15.6 1.1 20.4 3.9 18.8 2.5 23.2 0.7 13.5 Number of banks borrowing $1 million or more Amount of borrowings of such banks Per cent of total borrowings in the group $ $ 34 92 54 9 31 70 9 21 62 3 15 60 2 2 20 2 8 54 1 2 41 4 6 41 1 2 53 1 2 20 1 2 23 1 1 40 71 114 127 160 22 20 21 22 4 11 34 48 11 14 21 24 4 9 13 13 9 8 5 9 1 3 4 5 2 13 11 14 3 3 3 2 14 6 11 15 14 6 5 3 2 5 1 2 1 1 67 26 31 8 2 1 14 4 2 3 10 3 1 3 4 1 0.2 0.2 0.3 60 247 574 5,266 13 51 66 159 3 47 145 362 13 30 87 409 4 23 58 496 9 20 35 381 4 11 41 408 7 20 35 649 Number of banks with ratios of borrowings to required reserves of— 4056 and over 20 - 39.996 10 - 19.9# Less than 10# Amount of borrowings by banks— With ratios of borrowings to required reserves of 40# and over Borrowing in all of past 6 periods Continuity of borrowing during 3 months Number of banks borrowing during— All 6 periods 4 - 5 periods 1 - 3 periods Non-borrowers $ $ 0.3 2 2 9 30 331 NOTE: Most ratios are computed from underlying figures in thousands. Details may not foot to totals because of rounding. 2 0.1 1 23 52 869 7 13 452 1 4 7 601 3 2 5 149