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FEDERAL
RESERVE
statistical release
For immediate release
July 25, 1969

H.5
Reserve Positions of Major Reserve City Banks
Reserve Period Ended
July 16, 1969
(In millions of dollars unless otherwise noted)

46 banks
Reserve excess or deficiency (-) 1/
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
4

32

302

15

287

558

2,230

615

1,615

-3,160

-593

-2,567

-634

-1,933

27.0

13.2

35.6

55.0

31.9

17

52

35

390

88

2,787

-

Equals: Net basic reserve surplus
or deficit (-):
a.

Net amount

b.

As per cent of average required reserves

11

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: —

f

Averages of daily figures.




H.5(a)

Federal Funds transactions of Major Reserve City Banks
for the Week Ended
July 16, 1969
(In millions of dollars)

46 banks
A.

38 banks outside New York

5 banks 33 other
in Chicago banks

Interbank Federal funds
transactions
1.

Gross transactions
a.
b.

Purchases
Sales

2.

Total 2-way transactions 1/

3.

Total net transactions
a.
b.
c.

B.

8 banks in
New York City

Net purchases of net
buying banks
Net sales of net
selling banks
Net purchases or sales

(-)

6,107
3,320

1,838
1,280

4,270
2,040

1,044
429

3,225
1,611

2,500

1,067

1,433

409

1,024

3,607

770

2,837

635

2,202

820

213

607

20

587

2,788

558

2,230

615

1,615

21

60

Related transactions with
U. S. Government securities
dealers
1.

Loans to dealers 2/

578

498

80

2.

Borrowings from dealers 3/

292

156

136

—

136

3.

Net loans

285

341

+56

21

+77

1J

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.