The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
* o? FEDERAL statistical RESERVE release f^VL Rt^ * H.5 For Immediate release October 14, 1966 Reserve Positions of Major Reserve City Reserve Period Ended October 5, 1966 (in millions of dollars unless otherwise noted) r * I * 1)6 banks 8 banks in 36 banks outNev York Cltv slde Hev York 5 banks 33 other Reserve excess or deficiency (-) JL/ 44 19 25 2 23 Less: Borrowings from Reserve Banks 361 265 96 11 84 825 5 819 413 407 -l,l4l -251 -890 -422 -468 10.7 5.8 14.1 40.9 8.9 Lessj Bet interbank Federal funds purchases or sales (-) 2/ LEquals: Vet basic reserve surplus or deficit (-): Net amount • v b. As per cent of average required reserves i/ 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 City Banks. Mote: — Averages of daily figures. r > - f H.5(a) Federal Funds transactions of Major Reserve City Banks for the Week Ended October 5, 1966 (in millions of dollars) 8 banks in 38 banks out- 5 banks 33 other ! 46 banks New York City side New York in Chicago banks •* A. Interbank Federal funds transactions * ' 1. Gross transactions a. Purchases b. Sales 2. Total 2-way transactions l/ 2,726 1,901 915 909 1,811 992 6l4 201 1,197 790 1,167 461 706 179 527 3. Total net transactions a. Net purchases of net buying banks b. Net sales of net selling banks c. Net purchases or sales (-) „ • 1,558 454 1,105 435 670 734 448 285 22 263 825 5 819 413 407 710 550 160 10 1*0 90 78 12 620 472 148 , B. Related transactions with U. S. Government securities dealers 1*. Loans to dealers 2/ 2. Borrowings from dealers 3/ 3. Net loans —— 10 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. 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. 12 138 . 1