The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL of GOV^, statistical RESERVE release f*AL Rtf? For immediate release June 10, 1966 Reserve Positions of Major Reserve Oity Banks Reserve Period Ended June 1, 1966 (in millions of dollars unless otherwise noted) 46 banks 7 Reserve excess or deficiency (-) l/ ' Less i Borrowings from Reserve Banks Less: Net interbank Federal funds > purchases or sales (-) 2/ 8 "banks in 38 banks out- 5 banks 33 other New York tiitvside New York in Chicago banks 66 68 -2 -6 1U3 80 63 - - 37 -161 199 93 106 -Ilk 150 -26k -99 -165 1.2 3.8 4.5 9-9 3-3 k 63 Equals: Net "basic reserve surplus or deficit (-): a. Net amount b. As per cent of average required reserves 1/ k Reserves held after all adjustments applicable to the reporting period less the sum of required reserves and carryover reserve deficiencies. 2/ For details see Federal Funds Transactions of Major Reserve Oity Banks. 1 > Note: — Averages of daily figures. L • > z >• -K L >- H.5(a) Federal Funds transactions of Major Reserve City Banks for the Week Ended June 1, 1966 (In millions of dollars) 46 banks 33 other 38 banks out- 5 banks 8 banks in New York City side New York in Chicago banks A. Interbank Federal funds transactions 1. Gross transactions a. b. Purchases Sales 2. Total 2-way transactions 1/ 1,665 1,628 626 788 1,038 840 298 205 740 635 1,023 461 563 173 390 3. Total net transactions a. Net purchases of net buying banks Net sales of net selling banks Net purchases or sales • 642 166 476 125 351 6o4 327 277 32 245 37 -l6l 199 93 106 1,096 744 352 11 341 2. Borrowings from dealers 3/ 123 112 11 3. Net loans 973 632 341 b. c. (-) B. Related transactions with U. S. Government securities dealers 1: Loans to dealers 2/ - - 11 l/ Derived from averages for indjIvidual 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 banks. 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. 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. Note: — Averages of daily figures. 11 330
@FedFRASER