The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
OII1E For immediate release January 27, 1967 H.5 Reserve Positions of Major Reserve City Banks Reserve Period Ended January 18, 1967 (In millions of dollars unless otherwise noted) y 46 banks L • 8 banks in 38 banks out5 banks 33 other New York City side New York in Chicago bnnVg Reserve excess or deficiency ( - ) j / 25 16 9 Less: Borrowings from Reserve Banks 84 3 82 76 6 2,793 9to 1,853 470 1,383 -2,852 -927 -1,925 -548 -1,377 27.5 22.5 30.8 56.5 26.1& Less: Net interbank Federal funds purchases or sales ( - ) 2/ / - 2 Equals 1 Bet basic reserve surplus , or d e f i c i t ( - ) ; •u / •. b. / 2j t Net amount 1 As per cent of average r e quired reserves Reserves held a f t e r a l l adjustments applicable t o the reporting period l e s s the sum of required reserves and carryover reserve deficiencies. 1 / For d e t a i l s see Federal Funds Transactions of Major Reserve Oity Banks. y • Vote: — Averages of d a i l y f i g u r e s . I H.5(a) Federal Funds transactions of Major Reserve City Banks f o r the Week Ended January 3j8, 1967 ( i n millions of dollars) 6 banks in 30 banks out33 other 46 banks New York City side New York in5 banks Chicago banks A. Interbank Federal funds , transactions 6 1. Gross transactions a. b. Purchases Sales 2. Total 2-way transactions 1/ 4,106 1,313 1,090 „ 1,753 812 2,353 501 552 82 1,801 418 672 418 66 352 3* Total net transactions »• b. c. Net purchases of net buying banks Net sales of net selling banks Net purchases or sales H • 3,015 1,080 1,935 223 ito 83 2,793 940 1,853 470 2,033 993 1,040 35 1,006 75 75 —• — 1,959 918 35 1,006 ( 486 1,449 36 66 1,383^ B. Related transactions with > U. S. Government s e c u r i t i e s dealers 1*. Loans t o dealers 2/ 2. Borrowings from dealers 3 / 3« Net loans — —— 1,040 Figure f o r each hank indicates extent t o which i t s weekly average purchases and sales are o f f s e t t i n g ; that i s , i t i s the l e s s e r of the two amounts. Gross purchases l e s s 2-way t r a n s actions equals net purchases of net buying hanks. Similarly, gross sales less 2-way transactions equals net sales of net selling banks. 2/ Federal funds loaned, net funds supplied t o each dealer by clearing banks, repurchase agreements (purchases of securities from dealers subject t o resale) or other lending arrangements. J j Federal funds borrowed, net funds acquired from each dealer by clearing banks, reverse repurchase agreements (sales of securities t o dealers subject t o repurchase), resale agreements, and borrowings secured by Gov't, or other issues. itate: — Averages of d a i l y figures. /
@FedFRASER