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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