View original document

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

FEDERAL
in

statistical

RESERVE

release

For immediate release
November 3, 1967

H.5
Reserve Positions of Major Reserve City Banks
Reserve Period Boded October 25, 1967
(in millions of dollars unless otherwise noted)

46 banks
Reserve excess or deficiency (-) l/
Less: Borrowings from Reserve Banks

118
- -

8 banks in
38 banks out5 banks 33 other
New York City side New York in Chicago banks
74

44

6

--

38
- -

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

751

111

640

32

608

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

-634

- 37

-596

-26

-570

5.7

.8

9.0

2.5

10.3

a.

Net amount

b.

As per cent of average required reserves

1/

Reserves held after all adjustments applicable to the reporting period less the sum of
required reserves and carryover reserve deficiencies.

2/

For details see Federal Funds Transactions of Major Reserve City Banks.

Note: โ€” Averages of daily figures.




H.5(a)

Federal Funds transactions of Major Reserve City Banks
for the Week Ended October 25, 1967
(In millions of dollars)

46 banks

0 banks in
38 banks out- 5 banks
33 other5
New York City side New York in Chicago banks ^

A. Interbank Federal funds
transactions
1. Gross transactions
a.
b.

Purchases
Sales

2. Total 2-way transactions 1/

2,779
2,027

934
823

1,844
1,204

386
353

1,458
850

1,442

620

823

268

555

1,336

315

1,022

118

904

585

203

381

85

296

751

111

640

32

608

1,526

777

749

59

690

80

80

1,446

696

3ยป Total net transactions
a.
b.
c.

Net purchases of net
buying banks
Net sales of net
selling banks
Net purchases or sales

(-)

B. Related transactions with
U. S. Government securities
dealers
1'. Loans to dealers 2/
2. Borrowings from dealers 3/
3. Net loans

- -

749

- -

59

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 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 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: โ€” Averages of daily figures.



โ€”

690

.