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FEDERAL

RESERVE

release

For immediate r e l e a s e
April 25, 1969
H.5

Reserve Positions of Major Reserve City Banks
Reserve Period Ended April 16, 1969
(In millions of dollars unless otherwise noted)

46 banks
Peserve excess or deficiency ( - ) 1/
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
-

116

106

10

84

367

32

335

3,943

1,807

2,136

881

1,256

-4,524

-1,915

-2,609

-902

-1,707

38.6

42.0

36.4

81.3

28.2

-

130

24

451

-

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 April 16, 1969
(In millions of dollars)

A.

38 banks outside New York

6,012
2,069

2,382
575

3,630
1,494

1,163
283

2,467
1,211

1,652

571

1,081

282

799

. 4,360

1,811

2,549

882

1,668

417

4

413

1

412

3,943

1,807

2,136

881

1,256

1,534

1,110

423

55

368

305

100

205

- -

205

1,228

1,010

218

55

163

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.

5 banks 33 other
in Chicago banks

8 banks in
New York City

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

1J

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.