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H

FEDERAL
statistical

RESERVE

release

For immediate release
May 9, 1969

k

' H.5

Reserve Positions of Major Reserve City Banks
Reserve Period Ended April 30, 1969
(In millions of dollars unless otherwise noted)

46 banks
Reserve excess or deficiency (-) 1J
Less:

Borrowings from Reserve Banks

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

8 banks in
New York City

38 banks outside New York

33 other
5 banks
in Chicago banks

16

- 14

2

353

63

290

33

258

1,814

292

1,522

527

995

-2,184

-370

-1,814

-560

-1,254

18.4

8.0

24.9

50.8

20.3

2

— —

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

Net amount

b.

As per cent of average required reserves

1J

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 April 30, 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.

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

(-)

4,605
2,791

1,558
1,265

3,048
1,526

805
278

2,243
1,248

2,269

1,176

1,093

264

830

2,336
522

382
89

1,955
433

541
15

1,413
418

1,814

292

1,522

527

995

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

Loans to dealers 2/

852

720

132

20

112

2.

Borrowings from dealers 3/

201

76

125

—

125

3.

Net loans

651

644

7

20

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.

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: —

Averages of daily figures.




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