The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
**f44LRtS^. For Immediate release January 21, 1966 H.5 Reserve Positions of Major Reserve City leaks Reserve Period Ended January 12, 1966 (in millions of dollars unless otherwise noted) 8 banks in 38 banks out- 5 banks 33 other *6 beaks lew York City side Rev York in Chicago banks • i " Reserve excess or deficiency ( - ) l / Leas: Borrowings £rca Reserve Banks Lsssi l e t interbank federal funds purchases or sales ( - ) 2/ 44 17 28 2 26 424 289 235 38 97 1,781 1,086 696 263 433 -2,160 -1,358 -803 -299 -504 21.6 34.0 13.3 30.1 10.0 Equals* 1st basic reserve surplus or deficit (•)* I a. Sat amount b . As per oent of average required reserves 1/ Reserves held a f t e r a l l adjustments applicable to the reporting period less the repaired reserves and carryover reserve deficiencies. • > 2/ Tor details see Federal Funds Transactions of Major Reserve City Banks. Rote 1 — Averages of daily figures. •* > H-5(a) Federal Funds Transactions of Major Reserve City Banks for the Week Ended January 12, 1966 (la millions of dollar•) 8 banks la 38 banks out- 5 banks 33 ether 46 banks Hew York City side lew York In Chicago banks A. Intexfeank Federal funds transactions !• Grose t m m U w i 936 503 6*— H 2. Total 2-vay transactions 1/ 420 157 1,356 661 1,053 501 552 130 422 1,890 1,086 805 290 514 109 28 81 2,943 1,162 H a. Purchases b. Bales 3« Total net transactions a. Set purchases of met buying banks b. l e t sales of net selling banks e. Set purchases or sales (-) 109 1,781 1,086 696 263 433 996 743 253 29 224 77 77 919 666 B. Related transactions with U. 8. Government securities dealers 1. Loans to dealers 2/ 2. Borrowings from dealers j / 3* Net loans l/ " 253 - - 29 Derived fraa averages for Individual banks far entire week. Figure for each bank Indicates extent to which I t s weekly average purchases and sales are offsetting; that i s , i t i s the lesser of the two amounts. Gross purchases less 2-vay transactions equals net purchases of net buying banks. Similarly, gross sales less 2-vay 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 free dealers subject t o resale) or other lending arrangements. 2/ Federal funds borrowed, net funds acquired fraa each dealer by clearing banks, reverse repurchase agreements (sales of securities t o dealers subject to repurchase), resale agreements, and borrowings secured by Ocv't. or other Issues. Rote: — Averages of dally figures. 224
@FedFRASER