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Mr. Tow BORROWINGS FROM FEDERAL RESERVE BANKS L.5.4 CONFIDENTIAL (FR) By Country Member Banks - Semi-monthly computation period ended October 15, 1957 (Dollar amounts in millions - averages of daily figures) Total Amount of borrowings Number of banks borrowing $ Total number of banks in group Required reserves: Borrowing banks All banks in group (previous period) $ $ Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 28 34 7 49 12 26 4 27 13 20 12 26 3 5 3 11 6 36 10 9 5 3 6,105 286 543 530 578 444 375 943 471 465 709 608 153 747 5,390 78 421 228 923 75 404 67 460 35 344 46 461 77 840 15 266 28 239 29 318 18 403 51 311 Banks borrowing in excess of 40$ of required reserves: Amount of borrowings Number of banks 27 k2 Number of banks borrowing during All 6 periods 4 - 5 periods 1 - 3 periods Number not borrowing during past 6 periods Philadelphia 8 33 14.7 2.0 Banks borrowing in all of past 6 periods: Amount of borrowings $ Ratio of total borrowings * Hew York 110 279 Ratio of borrowings to required reserves: Borrowing banks $ All banks in the group $ Boston 30,3 27.5 59 193 530 5,323 10.2 1.9 12.3 3.0 1 5 1 2 2 25.2 6 29 65 186 0.3 0.9 3 31 131 378 12.1 1.2 27.0 2.8 15.9 1.4 16.6 1.1 1 5 1 2 1 3 6 5 3 3 1 1 1 1 2 9 9 6 1 18.8 5 44.2 2 37.0 7 57.0 1 42.9 1 17.7 1 24.7 4 37.3 10 33 64 423 5 22 49 502 10 20 44 370 7 7 23 338 1 4.9 1 15 51 876 1 3 13 454 NOTE: Most ratios are computed from underlying figures in thousands. Details may not foot to totals "because of rounding. 20.4 1.9 18.1 2.6 9.2 1.7 10.3 1.3 1 16 30 418 10 8 45 646 54.7 2.5 3 7 10 588 10.2 1.6 - - 5 96.8 2 2 5 144