The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
CONFIDENTIAL (F,R.) Transactions of Major Reserve City Banks with U. S. Government Securities Dealers for the Week Ended July 1, 1970 (In millions of dollars) 46 banks 1. Collateral loans (balances outstanding) a. b. 2. b. b. Gross purchases from dealers ( - ) Gross sales to dealers Net Federal funds supplied to dealers Net Federal funds acquired from dealers ( - ) Borrowings from dealers and reverse repurchase agreements (balances outstanding) ( - ) Net loans 1/ 554 371 183 69 114 86 86 XX XX XX 44 44 XX XX XX 34 34 XX XX XX 83 83 XX XX XX 49 49 XX XX XX 80 7 72 584 473 111 Clearing bank balances a. 4. Made originally in Federal funds Made originally in Clearing House funds 1/ Unsecured one-day Federal funds transactions a. 3. 8 banks in 38 banks 33 other 5 banks New York outside in Chicago banks New York City 72 69 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. Note:--Averages of daily figures. 42 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) C O N F I D E N T ! AL TABLE (F.R.) DAILY F E D E R A L 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 JULY 01, 1970 WEEK ENDED (IN 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 FUNDS GROSS INTERBANK TRANSACTIONS TOTAL REPORTING BANKS AND DATE 46 BANKS JUNE 25 26 JULY 29 30 01 8 B A N K S IN N E W YORK C I T Y JUNE 25 26 JULY 29 30 01 38 B A N K S O U T S I D E NEW Y O R K J U N E 25 26 JULY 29 30 01 5 B A N K S IN CHICAGO JUNE 25 26 JULY 29 30 01 ALL O T H E R B A N K S JUNE 2 5 26 JULY FOR 29 30 01 FOOTNOTES SEE II BANKS RELATED TRANSACTIONS WITH U. S. GOVERNMENT SECURITIES DEALERS TRANSACTIONS NET INTERBANK TRANSACTIONS PURLOANS NET P U R SALES CHASES 2 —WAY TO CH AS ES OF NET OF N E T TRANSDEALERS OR SELLING BUYING ACTIONS 2/ SALES ( - ) BANKS BANKS 1/ EFFECTIVE RATE PURCHASES SALES 7 3/4 7 5/8 7 1/4 5 3/4 7 7,386 7,452 7,675 5,649 8,093 3,480 3,652 4,265 2,172 3,946 2,42 5 2,757 2,048 XX XX XX XX XX 2,391 2,341 2,696 1,457 2,807 1,003 1,736 1,273 XX XX XX XX XX BORROWINGS FROM DEALERS 3/ NET LOANS RESERVE EXCESS OR D E F I CIENCY (-) 4/ (193) 1,055 895 2,217 353 643 3,906 3, 8 0 0 3,411 3,478 4, 1 4 7 738 659 734 897 948 291 151 172 107 3,303 4,961 4,695 5,627 3,831 4,790 447 509 562 790 762 -253 309 -350 -738 -175 92 5 1 ,236 1,466 1,104 1,886 77 500 463 588 460 462 774 76 108 105 1,518 1 ,386 1,169 1,420 132 I, 3 8 8 605 1,424 1, 1 6 9 1, 2 8 9 513 351 357 714 675 79 ( 45) -250 809 -84 2 67 4,995 5,111 4,979 4,192 5,287 2,477 1,916 2,992 1,884 2,428 1 ,499 1,521 1,238 1,531 1,917 3,496 3,591 3,741 978 396 1,754 35 3 512 2,518 3, 1 9 5 1,987 2, 30 8 2,858 — 66 158 205 76 -332 559 XX XX XX XX XX 1,695 1,603 1,516 854 1,693 431 454 320 279 468 419 454 320 279 439 1 ,276 1,149 1,196 575 1,254 12 1,264 1,149 1,196 575 1,225 XX XX XX XX XX 3 , 301 3,508 3,463 3,338 3,594 2,046 1,462 2,672 1,605 1,960 I ,080 1,067 918 1,251 1,478 2,220 REVERSE 288 J_ OF L.5.6 1,818 810 288 2,662 3,370 2,442 2,545 2,087 2,116 29 966 396 1,754 353 48 2 1, 2 5 4 2,046 791 1,734 1,634 186 60 811 136 150 216 272 123 138 42 67 47 50 200 60 60 113 50 19 19 90 87 222 103 119 88 216 42 67 47 50 (148) 1160 -654 -443 113 50 19 19 206 (83) 74 164 265 -60 126 45 155 57 69 5 3 8 ( 65) 484 -996 -390 -383 BORROWI NGS FROM RESERVE BANKS 156 544 255 77 347 125 100 175 156 419 155 77 172 156 419 155 77 172
@FedFRASER