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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