View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL

oj

/

Ir
n

[fill

statistical

RESERVE

release

<-

For immediate release
March 15, 1968

<

N

]
H.5
Reserve Positions of Major Reserve City Banks
Reserve Period Ended
March 6, 1968

>

(In millions of dollars unless otherwise noted)

»

46 banks

'Reserve excess or deficiency (-) 1/
/Less:
>

Borrowings from Reserve Banks

Less: Net interbank Federal funds
purchases or sales (-) 2/

33

8 banks in
New York City
24

38 banks outside New York
9

5 banks
33 other
in Chicago banks
-

5

13

236

- -

236

93

143

793

40

753

66

687

-997

-16

-980

-164

-817

8.6

.3

14.3

14.5

14.3

^Equals: Net basic reserve surplus
. or deficit (-):

p

a.

Net amount

b.

As per cent of average required reserves

\J
^2/

Reserves held after all adjustments applicable to the reporting period less the sum of
required reserves and carryover reserve deficiencies.
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 March 6, 1968
(In millions of dollars)

A.

8 banks in
New York City

2,532
1,738

797
756

1,735
982

364
297

1,336

535

801

254

547

1,196

261

935

110

825

402

221

182

44

793

40

753

66

687

1,966

1,153

813

46

766

76

76

1,890

1,077

813

46

38 banks outside New York

5 banks
in Chicago

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.

46 banks

Net purchases of net
buying banks
Net sales of net
selling banks
Net purchases or sales
(-)

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

Loans to dealers 2/

2.

Borrowings from dealers 3/

3.

Net loans

1/

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 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: —

Averages of daily figures.