The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL statistical RESERVE release For immediate release February 25, 1966 Reserve Positions of Major Reserve City Banks Reserve Period Ended February 16, 1966 l_ • (In millions of dollars unless otherwise noted) H6 banks Reserve excess or deficiency (-) l/ - 8 banks in 30 banks out5 banks 33 other Hew York City side Hew York in Chicago t«"lw 5 - 32 27 5 23 less: Borrowings from Reserve Banks 188 116 72 21 51 Less: let Interbank Federal funds purchases or sales ( - ) 2/ 789 96 694 219 475 a. Bet amount -983 -244 -738 "235 -503 b. As per cent of average required reserves 10.2 6.3 12.7 24.4 10.4 Equals: Net basic reserve surplus or deficit (-); 1/ Reserves held after all adjustments applicable to the reporting period less the sua of required reserves and carryover reserve deficiencies. > ' 2/ 1 For details see Federal Funds Transactions of Major Reserve City Banks. Mote: — Averages of dally figures. > > i > > i > H.5(a) Federal Funds Transactions of Major Reserve City Banks for the Week Ended February 16, i960 (in millions of dollars) 46 banks 33 other 38 banks out- 5 banks 8 banks In Mew York City side lev York in Chicago banks A. Interbank Federal funds transactions 1. Greee trsnwctiOM 2,655 1,865 1,194 1,098 i,46o 767 336 117 1,125 650 1,121 569 552 117 435 1,533 625 909 219 690 744 529 215 789 96 694 219 475 1. Loans to dealers 2/ 784 571 213 11 202 2. Borrowings free dealers 5/ 107 78 29 3. let loans 677 493 184 a. b. Purchases Sales 2. Total 2-way transactions 1/ 3. Total net transactions a. Net purchases of met buying banks b. Bet sales of net selling banks c. let purchases or sales (-) 215 B. Related transactions with U. 8. Government securities dealers l/ — 11 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 hanks. Similarly# gross sales less . 2-way transactions equals net sales of net selling hanks. 2/ Federal funds loaned, net funds supplied to each dealer hy clearing hanks, repurchase agreements (purchases of securities from dealers subject to resale) or other lending arrangements. 2/ Federal funds borrowed, net funds acquired from each dealer hy clearing banks, reverse repurchase agreements (sales of securities to dealers subject to repurchase), resale agreements, and borrowings secured by Gov't, or other issues. Mote: -- Averages of daily figures. 29 173