The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE statistic For immediate release March 28, 1969 H. 5 Reserve Positions of Major Reserve City Banks Reserve Period Ended March 19, 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 32 - 48 16 9 7 252 84 168 33 135 1,934 301 1,633 935 698 -2,218 -432 -1,786 -959 -827 18.9 9.4 25.0 86.0 13.7 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) Federal Funds transactions of Major Reserve City Banks for the Week Ended March 19, 1969 (In millions of dollars) 46 banks A. 38 banks outside New York 5 banks in Chicago 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 (-) 5,073 3,139 1,631 1,330 3,442 1,809 1,158 223 2,284 1,585 2,045 1,041 1,003 198 805 3,028 589 2,439 960 1,479 1,094 289 806 25 781 1,934 301 1,633 935 698 17 59 Related transactions with U. S. Government securities dealers 1. Loans to dealers 2/ 617 541 76 2. Borrowings from dealers 3/ 267 134 133 3. Net loans 350 407 +57 133 17 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 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. Note: — Averages of daily figures. +74