The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE statistical release mi For immediate release October 31, 1969 H.5 Reserve Positions of Major Reserve City Banks Reserve Period Ended October 22, 1969 (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/ 65 275 8 banks in New York City 13 — 38 banks outside New York 33 other 5 banks in Chicago banks 78 8 70 275 15 260 3,460 632 2,828 1,037 1,791 -3,669 -645 -3,024 -1,043 -1,981 30.3 13.2 42.1 89.4 32.9 Equals: Net basic reserve surplus or deficit (-): a. Net amount b. As per cent of average required reserves 1/ Reserves held after all adjustments applicable to the reporting period including allowable 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. H.5(a) Federal Funds transactions of Major Reserve City Banks for the Week Ended October 22, 1969 (In millions of dollars) 46 banks A. 38 banks outside New York 5 banks 33 other in Chicago banks Interbank Federal funds transactions 1. Gross transactions a. b. Purchases Sales 2. Total 2-way transactions 1/ 3. 6,339 2,879 1,858 1,226 4,481 1,653 1,333 296 3,148 1,357 2,484 1,177 1,307 296 1,011 3,855 681 3,174 1,037 2,137 396 49 347 w mm 347 3,459 632 2,827 1,037 1,791 33 292 Total net transactions a. b. c. B. 8 banks in New York City 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/ 964 638 325 2. Borrowings from dealers 3/ 150 119 30 3. Net loans 814 519 295 30 33 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 re stale) 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. 262 *
@FedFRASER