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BORROWINGS FROM FEDERAL RESERVE B A M S L.5.4 CONFIDENTIAL (FR) By Country Member Banks - Semi-monthly computation period ended May 15, 1959 (Dollar amounts in millions - averages of daily figures) Amount of borrowings Number of banks borrowing $ Total number of banks in group Required reserves: Borrowing banks All banks in group (previous period) $ $ Ratio of borrowings to required reserves: Borrowing banks % All banks in the group $> 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 $ Phila- Clevedelphia land St. Louis Minneapolis Kansas City Dallas San Francisco 24 68 9 22 11 40 21 70 6 14 3 4 375 937 470 467 712 607 147 81 470 146 840 43 268 59 244 51 335 20 413 21 334 RichAtlanta Chicago mond Total Boston New York 217 554 35 84 44 72 *9 6L 5 34 *25 58 22 27 5,985 279 494 500 564 433 1,161 5,439 174 408 328 952 94 398 54 442 90 335 18.7 4.0 19.9 8.6 13.5 4.6 71.3 114 11 20 2 1 56.3 25.9 12 4 9.4 33.7 9.9 1.1 28.1 7.5 1 3 0.1 1 16 16 1 13.5 0.3 5.2 9 37.1 10.0 2.3 26.7 4.7 8 5 11 51.3 16.6 2.9 6 14 5 22.2 21.1 3.4 19.1 4.5 3 3 5 7 1 14.0 1 11.8 Number of banks borrowing during 4 8 20 8 15 3 15 All 6 periods 127 19 5 22 26 13 32 29 13 38 4 - 5 periods 304 34 54 46 18 61 128 25 85 72 1 - 3 periods 636 59 77 436 831 461 329 323 362 395 304 Number not borrowing during past 6 periods _ & 9 L 8 _ . _ 14& NOTE: Most ratios are computed from underlying figures in thousands. Details may not foot to totals because of rounding. * Excludes daily average 'as of" discount credits of $0.4 million at Philadelphia and $0.8 million at Richmond. ** Less than $50,000. BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 41.4 6.3 16 38 11 54.5 24 37 45 606 27.7 1.5 15.7 0.9 3 5 0.2 1 1 12.3 5 3 12 587 ** 0.4 1 3 8 135