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FEDERAL
IS
statistical
RESERVE
release
For immediate release
December 29, 1967
H.5
Reserve Positions of Major Reserve City Banks
Reserve Period Ended December 20, 1967
(In millions of dollars unless otherwise noted)
46 banks
38 banks out5 banks 33 other
8 banks in
New York City side New York in Chicago banks
-
2
17
Reserve excess or deficiency ( - ) i/
39
25
14
Less s Borrowings from Reserve Banks
80
37
43
700
188
512
-277
789
-741
-200
-541
274
-815
6.6
4.3
8.1
24.9
14.7
Less: Met interbank Federal funds
purchases or sales ( - ) 2/
--
43
Equals: Net "basic reserve surplus
or deficit (-):
a.
Net amount
b.
As per cent of average required reserves
l/
Reserves held after all adjustments applicable to the reporting period less the sum of
required reserves and carryover reserve deficiencies.
2/
For details see Federal Funds Transactions of Major Reserve City Banks.
Note: —
Averages of daily figures.
H.5(a)
Federal Funds transactions of Major Reserve City Banks
for the Week Ended December 20, 1967
(in millions of dollars)
46 banks
33 other
38 banks out- 5 banks
8 banks in
New York City side New York in Chicago banks
A. Interbank Federal funds
transactions
1. Gross transactions
a.
b.
Purchases
Sales
2. Total 2-wav transactions l/
3,030
2,330
1,147
959
1,883
1,370
278
555
1,604
815
1,534
691
843
252
591
1,496
456
1,040
27
1,013
796
268
528
303
224
700
188
512
-277
789
1,699
1,204
495
1
494
89
85
4
1,610
1,119
491
3. Total net transactions
a.
b.
c.
Net purchases of net
buying banks
Net sales of net
selling banks
Net purchases or sales
(")
B. Related transactions with
U. S. Government securities
dealers
1; Loans to dealers 2/
2. Borrowings from dealers jJ
3. Net loans
•
- -
1
1/
Derived xrom averages ivi iuu.xviu.uou. uouao
--o
—
— .
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 hanks,
repurchase agreements (purchases of securities from dealers subject to resale)
or other lending arrangements.
3/
Federal funds borrowed, net funds acquired frcm 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.
4
490
@FedFRASER