The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
m iQlcowv.. F E D E R A L R s t a t i s t i c a l E S E R V E r e l e a s e For immediate release March 9, 1970 H.5 Reserve Positions of Major Reserve City Banks Reserve Period Ended February 25, 1970 (In millions of dollars unless otherwise noted) 46 banks Peserve excess or deficiency (-) 1/ 130 Less: 271 Borrowings from Reserve Banks Less: Net interbank Federal funds purchases or sales (-) 2/ 8 banks in New York City 66 38 banks outside New York 64 271 33 other 5 banks in Chicago banks 8 - - 57 271 3,236 177 3,059 1,231 1,828 -3,377 -111 -3,266 -1,224 -2,042 28.4 2.3 46.3 108.8 34.4 Equals: Net basic reserve surplus or deficit (-): a. Net amount b. As per cent of average required reserves 1J 0 2/ Reserves held after all adjustments applicable to the reporting period including allowable carry-over and deficiencies, less the sum of required reserves. For details see Federal Funds Transactions of Major Reserve City Banks, Note: — Averages of daily figures. i H.5(a) Federal Funda transactions of Major Reserve City Banks for the Week Ended February 25, 1970 (In millions of dollars) 8 banks in New York Citv 38 banks outside New York 6,640 3,404 1,807 1,630 4,833 1,774 1,489 258 3,344 1,516 2,459 1,188 1,271 258 1,013 4,181 619 3,562 1,231 2,330 945 442 503 3,236 177 3,059 1,231 1,827 46 banks A. 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 33 other in Chicago banks Net purchases of net buying banks Net sales of net selling banks Net purchases or sales (-) 503 Related transactions with U. S. Government securities dealers 1. Loans to dealers 2/ 892 730 162 40 122 2. Borrowings from dealers 3/ 257 136 121 - - 121 3. Net loans 635 594 41 40 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 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. 2
@FedFRASER