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 F e b r u a r y 28, 1969 H. 5 Reserve Positions of Major Reserve City Banks Reserve Period Ended F e b r u a r y 19, 1969 (In millions of dollars unless otherwise n o t e d ) 46 banks 8 banks in New York Citv 38 banks outside New York 5 banks 33 other in Chicago banks Reserve excess or d e f i c i e n c y ( - ) 1/ 131 83 48 5 43 Less: 482 64 418 21 397 1,515 557 958 519 439 -1,866 -538 -1,328 -535 -793 Borrowings from Reserve Banks Less: Net interbank Federal funds purchases or sales ( - ) 2/ Equals: Net basic reserve surplus or deficit ( - ) : a. Net amount b. As per cent of average required reserves 15.4 11.1 18.3 1/ Reserves held after all adjustments applicable to the reporting period 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. 46.0 including allowable 13.0 H.5(a) Federal Funds transactions of M a j o r Reserve C i t y Banks for the W e e k Ended February 19, 1969 (In m i l l i o n s of dollars) A. Interbank Federal transactions 1. 8 banks in N e w Y o r k City 3 8 b a n k s outside N e w Y o r k 5 banks in Chicago 4,518 1,756 2,762 776 1,986 3,003 1,199 1,804 257 1,547 1,973 975 998 257 741 2,545 781 1,764 519 1,245 1,030 224 806 1,515 557 958 funds Gross transactions a. b. Purchases Sales 2. Total 2 - w a y transactions 1/ 3. Total net transactions a. b. c. Net p u r c h a s e s of net buying b a n k s Net sales of net selling b a n k s Net p u r c h a s e s or sales (-) B. 46 banks 806 519 Related transactions w i t h U . S. Government securities dealers 1. Loans to d e a l e r s 2/ 734 651 82 2. Borrowings from d e a l e r s 3/ 171 153 17 3. Net loans 563 498 65 1/ ~~ Derived from averages for individual banks for entire week. Figure for e a c h bank indicates extent to w h i c h its w e e k l y average purchases and sales are o f f s e t t i n g ; that is, it is the lesser o f the two amounts. Gross p u r c h a s e s less 2 - w a y transactions equals net p u r c h a s e s of net buying b a n k s . Similarly, gross sales less 2 - w a y transactions equals net sales of net selling b a n k s . 2/ Federal funds loaned, net funds supplied to each dealer b y clearing b a n k s , repurchase agree ments (purchases of securities from dealers subject to r e d a l e ) or other lending arrangements. 3/ Federal funds b o r r o w e d , net funds acquired from each dealer b y clearing b a n k s , r e v e r s e repurchase agreements (sales o f securities to d e a l e r s subject to repurchase), resale agreements, and b o r r o w i n g s secured by Gov't, or other i s s u e s . Note: — A v e r a g e s o f d a i l y figures. 439
@FedFRASER