The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL mm RESERVE statistical release For immediate release January 30, 1970 H.5 Reserve Positions of Major Reserve City Banks Reserve Period Ended January 21, 1970 (In millions of dollars unless otherwise noted) 46 banks Peserve excess or deficiency (-) V 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 56 52 4 3 1 415 75 340 74 266 5,005 1,243 3,761 1,011 2,751 -5,364 -1,266 -4,097 -1,082 -3,016 41.4 23.6 54.0 86.9 47.5 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) 1 Federal Funds transactions of Major Reserve City Banks for the Week Ended January 21, 1970 (In millions of dollars) 8 banks in New York City 46 banks A. 5 banks 33 other in Chicago banks Interbank Federal funds transactions 1. 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 (-) I I Gross transactions a. b. B. 38 banks outside New York . 1 7,911 2,906 2,475 1,231 5,436 1,675 1,386 376 4,050 1,299 2,882 1,232 1,650 376 1,274 5,029 1,243 3,786 1,011 2,775 1,243 5,004 3,761 J 25 25 25 1 1,011 2,751 I Related transactions with U. S. Government securities dealers 678 165 127 110 18 716 569 148 1, Loans to dealers 2/ 843 2. Borrowings from dealers 3J 3. Net loans . 41 — 41 1/ 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, 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. 124 ^ 18 106 1 Note: -- Averages of daily figures. i
@FedFRASER