View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

L.5.6

"

,

August 6, 1971

CONFIDENTIAL (F.R.)
Table I
Transactions of Major Reserve City Banks with U. S. Government
Securities Dealers for the Week Ended July 28, 1971
(In millions of dollars)

46 banks

1.

8 banks in 38 banks
33 other
5 banks
New York outside
in Chicago banks
New York
City

Collateral loans (balances outstanding)
a.

Made originally in Federal
funds
Made originally in Clearing
House funds 1/

918

705

213

60

153

81

81

XX

XX

XX

5
1

5
1

XX
XX

XX
XX

XX
XX

74

74

XX

XX

XX

38

38

XX

XX

XX

Borrowings from dealers and
reverse repurchase agreements
(balances outstanding) ( - )

304

37

267

— —

Net loans

727

781

-54

60

b.

2.

Unsecured one-day Federal
funds transactions
a.
b.

3.

Clearing bank balances
a.
b.

4.

1/

Gross purchases from
dealers ( - )
Gross sales to dealers

Net Federal funds supplied
to dealers
Net Federal funds acquired
from dealers ( - )

These data are included in terms of the day on which reserve balances are
affected, i.e., the business day after the loans are made.

N o t e : — A v e r a g e s of daily figures.




267
-114

Table II
Footnotes
Each day's offsetting purchases or sales by the same bank. 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.
Includes Federal funds loaned, the net funds supplied to each dealer by clearing banks, repurchase
agreements (purchases of securities from dealers subject to resale) or other lending arrangements.
Includes Federal funds borrowed, the 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 Government or other issues.
Based upon reserve balances including all adjustments applicable to the reporting period. Carryover
reserve deficiencies, if any, are deducted. This figure is shown in parentheses on Thursdays.




L.5.6(A)
r f t N F T D F M T T A!

( F.P . )

TABLE
DAILY

FEDERAL
(IN

F U N D S T R A N S A C T I O N S OF M A J O R R E S E R V E C I T Y
WEEK ENDED
J U L Y 28» 1 9 7 1
M I L L I O N S OF D O L L A R S U N L E S S O T H E R W I S E N O T E D )

FEDERAL
GROSS INTERBANK
TRANSACTIONS
REPORTING
BANKS AND
DATE

EFFECTIVE
RATE

PURCHASES

SALES

FUNDS

TOTAL
2—WAY
TRANSACTIONS

1/
46

BANKS
J U L Y 22
23

2,878
3,319
3,33*
3,414
3,246

5,952
5,455
6,376
5,658
5,724

704

1,281

704
96 1

1,202

745
1,347
1,135

936
789

2,728
1,966
1,985

6,319
6,171
6,196

3,241
3,181
4,551
3,596
3,771

2,173
2,358
2,672
2,479
2,457

4,010
4,253
3,647
3,692
3,739

1,665
1*705
1,837
1,491
1,692

460
630
561
477
437

428
603
520
476
437

XX
XX
XX
XX
XX

27

28
8 B A N K S IN
NEW YORK CITY
J U L Y 22
23

4,518
4,906
4,483
4,680
4,504

2,782
2,551
3,990
3,119
3,335

1,745
1,755
2,152
2,003

XX
XX
XX
XX
XX

26
27

28
38 BANKS OUTSIDE NEW YORK
J U L Y 22
23 .

XX
XX
XX
XX
XX

26
27

28
5 B A N K S IN
CHICAGO
J U L Y 22
23

26
27

28

8,830
8,773
9,714
9,072
8,970

2,647
2,163
3,394
2,902
2,774

6,183

6,611

BANKS

26
27

28
FOR

NET INTERBANK T R A N S A C T I O N S
•PURNET P U R CHASES
SALES
OF NET
CHASES
OF NET
BUYING
OR
SELLING
SALES(—)
BANKS
BANKS

XX
XX
XX
XX
XX

26

ALL OTHER
JUFCY 2 2
23

TRANSACTIONS

3,946
4,461
5,296
4,943
4,906

5 1/2
5 3/8
5 1/4
5 3/8
5 3/8

FOOTNOTES




SEE

REVERSE

OF

IT

L.5.6

666

2,020

1,068

1,237

1,316
1,015
1,255

2,773
3,151
2,331
2,677
2,484

RELATED TRANSACTIONS
W I T H U . S. G O V E R N M E N T
SECURITIES DEALERS
LOANS
TO
DEALERS

2/

BORROW
INGS
FROM
DEALERS
3/

1,661

320
79
412
346

1,068
823
1,879
1,117
1,315

32
27
41

1

1,037
796
1,838

1,116
1,315

4,884
4,312
4,418
4,130
4,063

950
964
1,187
1,291
1,203

267
489
163
237
297

1,942

1,143
1,958
1,529

1,942

1,102

BANKS

765
796
926
1,048
907

116

882
2,649
1,555
1,639

NET
LOANS

682
475
1,024
1,054
906

85

649
711

39
48

1,009
859

151
404
57
198
249

236
205
46
48

106

820

33

2,942
3,430
1,768
2,575
2,424

185

1,205
1,075
1,275
1,014
1,255

48
23
98
78

48
23
98
78

128

128

1,736
2,355
49 3
1,561
1,169

168
262
244
297

137
145
164

166
169

151
404
57
198
249

-15
259
107
-33
-80

RESERVE
EXCESS
OR D E F I CIENCY (-)
4/

557

(383)

212
-1103
—676

181

450
-538
733
-55

214

30
76
24
104
296

(177)

166

108
750
1837
-622
15

BORROWINGS
FROM
RESERVE
BANKS

65

(207)

30
76
24
104
231

(-9)

-110
-17
-26
509

- 1 0 6 (216)
860
-1820
-596
-494

50

30
76
24
104

181