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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