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FEDERAL
RESERVE
totistica I release

' S e '

" • f^AL Rt^ •'

For immediate release
June 27, 1969

H.5

Reserve Positions of Major Reserve City Banks
Reserve Period Ended June 18, 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/

65
465

8 banks in
New York City
38
- -

38 banks outside New York
27

33 other
5 banks
in Chicago banks
26

1

465

465

3,703

1,341

2,363

667

1,696

-4,104

-1,303

-2,801

-666

-2,135

35.4

29.2

39.3

60.6

35.4

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.

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H.5(a)

Federal Funds transactions of Major Reserve City Banks
for the Week Ended June 18, 1969
(In millions of dollars)

A.

8 banks in
New York City

38 banks outside New York

6,197
2,493

2,187
846

4,010
1,647

1,145
478

2,865
1,170

2,242

846

1,396

478

918

3,955

1,341

2,614

667

1,947

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.

5 banks
in Chicago

46 banks

Net purchases of net
buying banks
Net sales of net
selling banks
Net purchases or sales
(-)

251

251

251
3,703

1,341

2,363

667

1,160

905

254

25

1,696

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

Loans to dealers 2/

2.

Borrowings from dealers 3/

292

104

188

3.

Net loans

868

802

67

188
25

V

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 redale)
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.

42

Note: -- Averages of daily figures.




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