The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL s t a t i s t i c a l r e l e a s RESERVE e For immediate release December 13, 1968 H. 5 Reserve Positions of Major Reserve City Banks Reserve Period Ended December 4, 1968 (In millions of dollars unless otherwise noted) 46 banks 8 banks in New York City 38 banks outside New York 33 other 5 banks in Chicago banks Reserve excess or deficiency (-) 1/ 202 140 62 23 39 Less: 221 69 152 9 142 2, 290 395 1,896 361 1,535 -2, 309 -324 -1,985 -347 -1,638 Borrowings from Reserve Banks Less: Net interbank Federal funds purchases or sales (-) 2/ Equals: Net basic reserve surplus or deficit (-): a. Net amount be As per cent of average required reserves 20.2 7. 3 28.2 33.1 _!/ 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. 27.4 H.5(a) Federal Funds transactions of Major Reserve City Banks for the Week Ended December 4, 1968 (In millions of dollars) ZL'A Kdnlf C A. 38 banks outside New York 5 banks 33 other 1 in Chicago banks j Interbank Federal funds transactions 1. * 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 New York City 4,672 2,382 1,524 1,129 3,149 1,253 691 330 2,458 923 ^ 2,132 999 1,133 330 803 , 2,540 525 2,016 361 1,655 250 130 120 2,290 395 1,896 361 1,535 1,111 724 387 33 354 108 83 25 — * 120 t Related transactions with U. S. Government securities dealers 1. Loans to dealers 2/ 2. Borrowings from dealers 3/ 25 v ' v 3. 1J Net loans 1,003 641 362 33 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. 329 v V i
@FedFRASER