View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL
statistical

RESERVE

release

For immediate release
February 25, 1966
Reserve Positions of Major Reserve City Banks
Reserve Period Ended February 16, 1966

l_
•

(In millions of dollars unless otherwise noted)

H6 banks
Reserve excess or deficiency (-) l/

-

8 banks in
30 banks out5 banks 33 other
Hew York City side Hew York in Chicago t«"lw

5

- 32

27

5

23

less: Borrowings from Reserve Banks

188

116

72

21

51

Less: let Interbank Federal funds
purchases or sales ( - ) 2/

789

96

694

219

475

a. Bet amount

-983

-244

-738

"235

-503

b. As per cent of average required reserves

10.2

6.3

12.7

24.4

10.4

Equals: Net basic reserve surplus
or deficit (-);

1/ Reserves held after all adjustments applicable to the reporting period less the sua of
required reserves and carryover reserve deficiencies.

>

' 2/

1

For details see Federal Funds Transactions of Major Reserve City Banks.

Mote: — Averages of dally figures.

>
>

i >
>

i

>




H.5(a)
Federal Funds Transactions of Major Reserve City Banks
for the Week Ended February 16, i960
(in millions of dollars)

46 banks

33 other
38 banks out- 5 banks
8 banks In
Mew York City side lev York in Chicago banks

A. Interbank Federal funds
transactions
1. Greee trsnwctiOM
2,655
1,865

1,194
1,098

i,46o
767

336
117

1,125
650

1,121

569

552

117

435

1,533

625

909

219

690

744

529

215

789

96

694

219

475

1. Loans to dealers 2/

784

571

213

11

202

2. Borrowings free dealers 5/

107

78

29

3. let loans

677

493

184

a.
b.

Purchases
Sales

2. Total 2-way transactions 1/
3. Total net transactions
a. Net purchases of met
buying banks
b. Bet sales of net
selling banks
c. let purchases or sales

(-)

215

B. Related transactions with
U. 8. Government securities
dealers

l/

—

11

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 hanks. Similarly# gross sales less
. 2-way transactions equals net sales of net selling hanks.

2/ Federal funds loaned, net funds supplied to each dealer hy clearing hanks,
repurchase agreements (purchases of securities from dealers subject to resale)
or other lending arrangements.
2/

Federal funds borrowed, net funds acquired from each dealer hy clearing banks,
reverse repurchase agreements (sales of securities to dealers subject to repurchase), resale agreements, and borrowings secured by Gov't, or other issues.

Mote: -- Averages of daily figures.



29
173