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FEDERAL
statistical

RE S E R V E

release

For immediate release
April 4, 1969

H.5

Reserve Positions of Major Reserve City Banks
Reserve Period Ended March 26, 1969
(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

72

39

33

1

32

352

43

309

38

272

1,655

469

1,186

812

374

-1,935

-473

-1,463

-849

-614

16.9

10.6

20.8

79.4

10.3

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

Net amount

b.

As per cent of average required reserves

1/

Reserves held after all adjustments applicable to the reporting period including allowable
carry-over and deficiencies, less the sum of required reserves.

2/

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

Note: —

Averages of daily figures.




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H.5(a)

Federal Funds transactions of Major Reserve City Banks
for the Week Ended March 26, 1969
(In millions of dollars)

46 banks
A.

8 banks in
New York Citv

38 banks outside New York

5 banks 33 other
in Chicago banks

Interbank Federal funds
transactions
1.

Gross transactions
a.
b.

2.
. 3.

Purchases
Sales

Total 2-way transactions 1/

4,681
3,026

1,650
1,182

3,030
1,845

1,081
270

1,949
1,575

2,027

985

1,043

258

785

2,653

666

1,988

824

1,164

999

197

802

12

790

1,655

469

1,186

812

374

1

Total net transactions
a.
b.
c.

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

(-)
B.

i

|

1

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

Loans to dealers 2/

668

595

73

2.

Borrowings from dealers 3/

344

155

189

3.

Net loans

324

440

+116

11

62

i

189
11

1/

Derived trom averages cor maj.vj.uuax
- -=
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/
~

1

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

3/

+127

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.




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