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FEDERAL

RESERVE

statistical

release
For

immediate release

August

21,

1970

H.5
Reserve Positions of Major Reserve City Banks
Reserve Period Ended A u g u s t 12, 1970
(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/

8 banks in
New York City

38 banks outside New York

33 other
5 banks
in Chicago banks
58

90

33

58

744

382

362

86

276

7,159

3,040

4,118

1,572

2,546

-7,812

-3,390

-4,422

-1,658

-2,764

62.7

67.3

59.6

135.5

44.6

—

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
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.




including allowable

1

H.5(a)

Federal Funds transactions of Major Reserve City Banks
for the Week Ended August 12, 1970
(In millions of dollars)

46 banks
A,

Interbank Federal
transactions
1.

38 banks outside N e w York

5 banks 33 other jj
banks
in Chicago

funds

Gross transactions
a.
b.

Purchases
Sales

2.

Total 2-way transactions 1/

3,

Total net transactions
a.
b.
c.

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

(-)
B.

8 banks in
N e w York City

1,882

600

6,213
2,094

310

4,330
1,785

2,448

601

1,848

310

1,538

7,405

3,040

4,365

1,572

2,793

9,853
2,695

3,641

247

247

247
7,158

3,040

4,118

1,572

2,546

1,753

1,123

631

113

518

210

189

21

1,543

934

610

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

Loans to dealers 2/

,

2.

Borrowings from dealers 3/

3.

Net loans

21
113

iy

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 leas 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.




497

For

immediate release

A u g u s t 31,

1970

H. 5
Reserve Positions of Major Reserve City Banks
Reserve Period Ended A u g u s t 12, 1970
(Corrected)
(In millions of dollars unless otherwise noted)

46 banks

8 banks in
New York City

38 banks outside New York

33 other
5 banks
banks
in Chicago

Reserve excess or deficiency ( - ) 1/

119

61

58

Less:

744

382

362

86

276

7,159

3,040

4,118

1,572

2,546

-7,783

-3,361

-4,422

-1,658

-2,764

62.5

66.8

59.6

135.5

44.6

Borrowings from Reserve Banks

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

58

—

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

Net amount

b.

As per cent of average required reserves

V

Reserves held after all adjustments applicable to the reporting period
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.




including allowable