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FEDERAL

* <33/'

RESERVE

statistical

release

* * f^AL RES^ *
For I m m e d i a t e release
D e c e m b e r 5, 1969

H.5

Reserve Positions of Major Reserve City Banks
Reserve Period Ended N o v e m b e r 26, 1969
(In millions of dollars unless otherwise noted)

46 banks
Reserve excess or deficiency ( - ) 1J
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

43

31

12

7

446

8

438

438

2,771

568

2,203

868

1,335

-3,174

-545

-2,629

-863

-1,766

26.7

11.3

37.2

76.4

29.7

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 November 26, 1969
(In millions of dollars)

46 banks
A.

38 banks outside New York

]

5 banks 33 other
in Chicago banks

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
(-)

5,889
3,118

1,752
1,184

4,137
1,935

1,234
366

2,903
1,569

2,451

977

1,474

366

1,108

3,438

774

2,663

868

1,795

667

206

461

--

461

2,771

568

2,203

868

1,335

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

Loans to dealers 2/

854

630

223

41

182

2.

Borrowings from dealers 3/

179

127

52

--

52

3.

Net loans

675

504

171

1/

Derived rrom averages tor m u i v m u a i u<mn.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 banks,
repurchase agreements (purchases of securities from dealers subject to resale)
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: —

41

130

Averages of daily figures.




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