The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL *0ifGOvA'' statistical f*AL ^ release * H.5 1 RESERVE For immediate release March 25, 1966 Reserve Positions of Major Reserve City Banks Reserve Period Ended March 16, J.966 (in millions of dollars unless otherwise noted) 1*6 banks r> 8 banks in 38 banks out- 5 banks 33 other New York City side New York in Chicago Reserve excess or deficiency (-) 1/ 124 79 U5 2 43 Less: Borrowings from Reserve Banks 13U 21 112 35 77 Less: Bet interbank Federal funds purchases or sales (-) 2/ 707 194 512 15* 358 -579 -187 -392 10.0 19.2 8.2 *T Equals: Set basic reserve surplus or deficit (-): 4 au Vet amount ' H b. As per cent of average required reserves > -716 7.4 T 3.5 jL/ Reserves held after all adjustments applicable to the reporting period less the sum of required reserves and carryover reserve deficiencies. > 2/ Fear details see Federal Funds Transactions of Major Reserve City Banks. * Note: — Averages of daily figures. k r > > M- > H.5(a) Federal Funds Transactions of Major Reserve City Banks for the Week Ended March l6, i960 (In millions of dollars) 38 banks out- 5 banks 33 other 8 banks in 46 banks Bew York City side lew York in Chicago banks A. Interbank Federal funds transactions i> Gregg tmnwctlqa* a. Purchases b. Sales 2. Total 2-way transactions 1/ 1,476 963 322 168 1,154 * 796, 607 551 163 387 ' 1,484 559 925 158 767' 777 365 413 4 707 194 512 154 834 623 • 210 2 2,642 1,935 1,166 * 972 1,158 3. Total net transactions a. let purchases of met buying banks b. Bet sales of net selling banks c. Set purchases or sales (-) > 409 358" B. Belated transactions with V. 8. Government securities dealers 1. Loans to dealers 2/ < 2. Borrowings from dealers l46 105 42 3 . Bet loans 687 519 169 42 — 2 1/ Derived from averages for individual tanks for entire week. Figure for each bank indicates extent to which it# weekly average purchases and sales are offsetting; that is, it is the lesser of the two amounts. Gross purchases less 2-way trans• actions equals net purchases of net buying hanks. Similarly, gross sales lass 2-way transactions equals net sales of net selling hanks. 2/ Federal funds loaned, net funds supplied to each dealer hy clearing banks, repurchase agreements (purchases of securities Area 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. Mote: — Averages of daily figures. 208 166,
@FedFRASER