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L.5.6

July 6, 1970

CONFIDENTIAL (F.R.)

Transactors ^f^Major^esel^pJ City Banks with U. S. Government
Securities % e a ^ ^ g fo^vme Week Ended
June 24, 1970
millions of dollars)

46 banks

1.

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

Collateral loans (balances outstanding)
a.

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

624

349

275

86

190

128

128

XX

XX

XX

32
26

32
26

XX
XX

XX
XX

XX
XX

60

60

XX

XX

XX

42

42

XX

XX

XX

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

267

44

224

Net loans

496

445

52

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 (-)

- -

86

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.




224
+ 34

Table II
Footnotes
Each day 1 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.




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1 . 5 . 6 ( A )

CONFIDENTIAL

(F.%.)

TABLE

II

DAILY FEDERAL F U N D S T R A N S A C T I O N S OF MAJOR RESERVE CITY B A N K S
WEEK ENDED
JUNE 2 4 , 1970
(IN M I L L I O N S OF DOLLARS 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

FUNDS TRANSACT IONS

RELATED TRANSACTIONS
WITH U. S. G O V E R N M E N T
SECURITIES D E A L E R S

NET INTERBANK T R A N S A C T I O N S
TOTAL
PUR2-WAY
CHASES
BORROWSALES
NET PURLOANS
TRANSOF NET
OF NET
TO
INGS
CHAS ES
ACTIONS
BUYING
OR
FROM
SELLING
DEALERS
SALES(-)
BANKS
BANKS
1/
DEAL ERS
2/
3/

EFFECTIVE
RATE

PURCHASES

SALES

7 3/4
7 1/2
7 3/4
7
5 1/2

8, 709
8,002
7,877
7,145
7,021

3, 177
2,502
3,212
2,873
3, 637

2,148
2,124
2,276
2,332
2,703

6,561
5,878
5,601
4,814
4,318

1,029
378
936
542
934

5,532
5,500
4,66 5
4,272
3, 383

367
801
559
1, 066
965

347
270
365
378
485

520
532
194
688
480

XX
XX
XX
XX
XX

3, 144
2,678
2,649
2, 117
1,836

803
774
1,024
1,159
1,913

803
720
836
995
1,317

2 ,341
1,953
1,813
1,122
519

55
187
165
596

2, 341
1,904
1,625
95 8
-77

644
543
431
48 3
745

158
81
138
94
186

486
463
293
388
559

XX
XX
XX
XX
XX

5,565
5,324
5,228
5,028
5,185

2,374
1,728
2,188
1,714
1,724

1*345
I ,404
1,439
1 ,337
1 ,386

4,220
3,920
3,789
3,692
3,799

1,0 29
324
749
377
338

3, 191
3,59 6
3,040
3, 314
3,461

223
258
127
584
220

190
189
227
284
300

34
69
-100
300
-80

CHICAGO
J U N E 18
19
22
23
24

XX
XX
XX
XX
XX

1,554
1 * 608
1,932
1,543
1,693

369
340
356
3 71
390

369
340
343
346
365

1,186
1,268
1,589
1,197
1,327

13
25
25

1,186
1,268
1,576
1, 172
1,302

99
127
40
35
45

ALL OTHER B A N K S
J U N E 18
19
22
23
24

XX
XX
XX
XX
XX

4,011
3,716
3,296
3,48 6
3,492

2,006
1,388
1,833
r 1,343
1,334
1
OF L. 5.6

976
1 ,065
1,096
991
1,021

3,034
2,652
2,200
2,494
2,471

1,029
324
736
35 2
313

2,005
2,328
1, 463
2,142
2,158

124
131
87
549
175

46

BANKS
JUNE 18
19
22
23
24

3 BANKS IN
NEW YORK C I T Y
J U N E 13
19
22
23
24
BANKS

38

:

BANKS

FOR

BORROW-

INGS
FROM
RESERVE
BANKS

102 (562)
669
-424
-742
-512

5 06
420
186
-377
-1220

312
562
253
253
369

(257)
200
80

OUT-

SIDE NEW YORK
JUNE 18
19
22
23
24
5

NET
LOANS

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

- 4 0 3 ( 30 5)
249
-610
-365
707

312
362
253
253
289

IN

FOOTNOTES




1
SEE REVERSE

—

190
189
227
2 84
300

99
127
40
35
45

-98
21
151
-44
19

— 65
-58
- 140
265
-125

-306
228
-761
-321
688

(15)

—

(290)

312
362
253
253
289
I

L.5 . M

\)

COr^ICCNT IAL

(F.<. )

TAB t r
DAILY

FEDERAL

(IN.

REPORT IiMG
BANKS AND
CAT t

EFFECTIVE
RATE

46 BANKS
JUNE 11
12
15
16
17

y
8
8

7 7/3
6 3/4

FUNDS

II

TRANSACT IONS

OF

MAJOR

RESERVE

CITY

BANK S

WEEK ENDED
JUNE 17 , 1970
(Revised)
M I L L I O N S OF DOLLARS UNLESS O T H E R W I S E NOTED )

FEDERAL FUNDS TRANSACT IONS
RELATED T R A N S A C T I O N S
!
GROSS I N T E R B A N K
WITH U . S. G O V E R N M E N T
RESERVE
TRANSACTION S
NET INTERBANK T R A N S A C T I O N S
SECURIT IES DEALER S
EXCESS
TOTAL
PUR1
OR D E F I 2-WAY
CHASES
SALES
NET PURLOANS
BORROWC I E N C Y C- )
P UP TRANSSALFS
OF NET
OF NET
CHAS ES
TO
INGS
NET
4/
CHASES
ACTIONS
BUY ING
SELLING
OR
DEALERS
FROM
LOANS
BANKS
1/
BANKS
SALES(-)
2/
DEALERS
3/
6,415
8,489
8,225
9,222
8,305

3,206
3,088
,2,638
3,254
3,165

2,743
2,764
2,174
3,004
2,910

5,672
5 ,725
6,051
6,218
5,395

463
324
464
2 50
255

5,209
5,401
5, 587
5, 968
5, 140

746
502
743
683
589

313
387
349
306
315

433
115
394
378
274

5 (124)
324
-891
726
195

565
371
529
457
398

108
113
149
106
115

456
258
380
351
283

199 (35)
-204
399
209
136

205
2 74
200
200
200

-23
-143
14
27
-9

8 BANKS IN
NEW YORK CITY
JUNE 11
12
15
16
17

XX
XX
XX
XX
XX

2,EC3
2,510
2,688
2,791
2,690

1,174
1, 159
521
1,107
1,269

1 ,174
644
52 1
968
1 ,206

1,629
1 ,666
2,167
1,823
1 ,485

140
64

1,629
1,350
2, 167
1,634
1,421

38 BANKS O U T SIDE NEW YORK
JUNE 11
12
15
16
17

XX
XX
XX
XX
XX

5,6 12
5,979
5,537
6,431
5, 615

2,032
1 ,929
2,117
2,147
1 , 896

1,570
1,920
1,653
2,037
1 ,704

4,043
4,059
3,884
4,394
3,911

46 3
9
464
110
191

3,580
4,050
3,420
4, 2 8 4
3, 719

181
131
213
226
190

5 BANKS IN
CHICAGO
JUNE 11
12
15
16
17

XX
XX
XX
XX
XX

1,655
1,697
1 , 649
1,575
1,610

433
389
375
44 8
369

1,223
1,308
1,274
1,127
1,240

1,223
1,308
1,274
1,080
1,240

65
56
80
97
59

XX
XX
XX

3,957
4,292
3,569
4,857
4,005

2, 358
2, 743
2, 147
3,204
2,479

117
75
134
129
131

ALL OTHER B A N K S
JUNE 11
12
15
16
17
FOR

FOOTNOTES




XX
X X

SEE REVERSE OF L . 5 . 6

433
389
375
495
369
1,600
1,539
1,741
1,652
1 ,526

1 , 137
1,53 0
1 ,278
1,589
1,335

2,820
2,752
2,6 10
3,268
2 ,670

315

47

463
9
46 4
63
191

—

205
2 74
200
200
200

65
56
80
97
59
-88
-199
-66
-71
-69

- 19 4 ( 89)
5 28
-1290
517
59

79 (92)
61
-284
-90
65
-273
467
-1006
607
-5

(-2)

BORROWINGS
FROM
RESERVE
BANKS

196
336
212
236
106

—

196
336
212
236
106

—

196
336
212
236
106