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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

46

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

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




RELATED TRANSACTIONS
WITH U. S. GOVERNMENT
SECURITIES DEALERS

TRANSACTIONS

3,480
3,652
4,265
2,172
3,946

2,42 5
2,757
2,048

2,391
2,341
2,696
1,457
2,807

1,003
1,736
1,273

BORROWINGS
FROM
DEALERS
3/

NET
LOANS

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

(193)

SEE

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

26

JULY

7,386
7,452
7,675
5,649
8,093

XX
XX
XX
XX
XX

29
30
01

8 B A N K S IN
N E W YORK C I T Y
JUNE 25

JULY

SALES

XX
XX
XX
XX
XX

26

JULY

PURCHASES

7 3/4
7 5/8
7 1/4
5 3/4
7

BANKS
JUNE 25

BANKS

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

REPORTING
BANKS AND
DATE

II

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

222
103
119

1160

-654
-443

113
50
19
19

60
113
50
19
19

90
87

88

(148)

216
42
67
47
50

5 3 8 ( 65)
484
-996
-390
-383

156
544
255
77
347

125

100
175

156
419
155
77

172

206 (83)
74
164
265
-60

126
45
155
57
69

BORROWI NGS
FROM
RESERVE
BANKS

156
419
155
77
172