View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

h
Illll!

statistical

L

K

U

C

O

C

K

V

E

release
For immediate release
April 26, 1968

???:•

/
/H.5

Reserve Positions of Major Reserve City Banks
Reserve Period Ended April 17, 1968
(In millions of dollars unless otherwise noted)

46 banks
Reserve excess or deficiency (-) 1/
Less:

Borrowings from Reserve Banks

,Less: Net interbank Federal funds
purchases or sales (-) 2/

8 banks in
New York City

38 banks outside New York

33 other
5 banks
in Chicago banks

31

2

33

4

29

453

46

407

247

160

2,095

1,211

884

325

559

-2,517

-1,259

-1,258

-568

-690

22.0

27.2

18.5

52.8

12.0

Equals: Net basic reserve surplus
or deficit (-):
a. .Net amount
b.

As per cent of average required reserves

z1/

Reserves held after all adjustments applicable to the reporting period less the sum of
required reserves and carryover reserve deficiencies.

z

For details see Federal Funds Transactions of Major Reserve City Banks.

2/

f^Note: —

Averages of daily figures.




H.5(a)

Federal Funds transactions of Major Reserve City Banks
for the Week Ended April 17, 1968
(In millions of dollars)

46 banks
A.

38 banks outside New York

5 banks
in Chicago

Interbank Federal funds
transactions
1.

Gross transactions
a.
b.

Purchases
Sales

2.

Total 2-way transactions 1/

3.

Total net transactions
a.
b.
c.

B.

8 banks in
New York Citv

Net purchases of net
buying banks
Net sales of net
selling banks
Net purchases or sales

(-)

2,018

3,743
1,648

1,726
515

1,134

1,409

515

895

157

738

2,334

1,211

1,123

325

799

239

482
157

239

2,095

1,211

884

325

1,432

798

635

41

62

62

1,370

736

635

41

Related transactions with
U. S. Government securities
dealers
1.

Loans to dealers 2/

2.

Borrowings from dealers 3/

3.

Net loans

1/

Derived from averages for individual banks for entire week. Figure for each bank
indicates extent to which its weekly average purchases and sales are offsetting;
that is, it is the lesser of the two amounts. Gross purchases less 2-way transactions equals net purchases of net buying banks. Similarly, gross sales less
2-way transactions equals net sales of net selling banks.

2/

Federal funds loaned, net funds supplied to each dealer by clearing banks,
repurchase agreements (purchases of securities from dealers subject to redale)
or other lending arrangements.

3/

Federal funds borrowed, net funds acquired from each dealer by clearing banks,
reverse repurchase agreements (sales of securities to dealers subject to repurchase), resale agreements, and borrowings secured by Gov't, or other issues.

Note: —

Averages of daily figures.