View original document

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

FEDERAL

s.

statistical

RESERVE

release

•rf*ZEJs&:

For immediate release
July 15, 1966
Reserve Positions of Major Reserve City Banks
Reserve Period Ended July 6, 1966

H.5

(in millions of dollars unless otherwise noted)

>»
I *

r

46 banks

r

r

5 banks 33 other
8 banks in 38 banks outNew York City side New York in Chicago banks

Reserve excess or deficiency (~) i/

137

93

44

6

37

Less: Borrowings from Reserve Banks

391

161

230

106

124

1,650

962

688

228

460

-1,904

-1,030

-8?4

-328

-546

lB.4

24.5

14.3

31.3

10.7

Less: Het interbank Federal funds
purchases or sales (-) 2/
Equals: Het basic reserve surplus
or deficit (-):
»

*

*

a.

Net amount

b.

As per cent of average required reserves

#
f

»

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

, g/ For details see Federal Funds Transactions of Major Reserve City Banks.
Note: — Averages of daily figures.

< >




H.5(a)

Federal Funds transactions of Major Reserve City Banks
for the Week Ended July 6, 1966
(in millions of dollars)
8 banks in 38 banks out- 5 banks 33 other
46 banks New York City side New York in Chicago banks
f

A. Interbank Federal funds
transactions
1. Gross transactions
a. Purchases
b. Sales
2. Total 2-way transactions l/

2,999
1,349

1,426
464

1,573
885

447
219

1,189

464

725

216

1,127
667
509 ,
1

3. Total net transactions
a. Net purchases of net
buying banks
b. Net sales of net
selling banks
c. Net purchases or.sales

1,810

962

160

848

230

160

2

617

157 '

1,650

962

688

228

460

1: Loans to dealers 2/

813

641

172

22

150

2. Borrowings from dealers 3/

190

167

23

3. Net loans

623

4?4

149

(-)

V

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

—

V

22

l/ Derived from averages for individual hanks for entire week. Figure for each hank
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.

23
127 •

•1

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

A}

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.

4 ,

Note: — Averages of daily figures.