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;V./:-L R E S E R V E
; \ n $ A $

L.5.6

JUL

CONFIDENTIAL (F.R.)

1

Research

June 28, 1968

C

19%Lik

e

Table I
Transactions of Major Reserve City Banks with U. S. Government
Securities Dealers for the Week Ended June 19, 1968
(In millions of dollars)

46 banks

•

1.

Collateral loans (balances outstanding)
a. Made originally in Federal
funds
b. Made originally in Clearing
House funds 1/

2.

b.

597

333

4

329

137

137

XX

XX

XX

Gross purchases from
dealers (-)
Gross sales to dealers '

56
19

56
19

XX
XX

XX
XX

XX
XX

66

66

XX

XX

XX

29

29

XX

XX

XX

206

mm mm

206

127

4

123

Clearing bank balances
a.
b.

4.

930

Unsecured one-day Federal
funds transactions
a.

3.

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

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

206

Net loans
1/

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

861

734

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

Note:—Averages of daily figures.







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)
CONFIDENTIAL ( F. R. )
Table II
Daily Federal Funds Transactions of Major Reserve City T a i e
tnr
Week Ended June 19, 1968
(in millions of dollars unless otherwise noted)

Reporting
banks and
date
46 banks
June

13

14
17
18
19
5 banks in
New York City
June

13

14
17
18
19
3o banks outside New York
June

13

14
17
18
19
5 banks in
Chicago
June

13

14
17
18
19

Federa1 funds transactions
Related transactions
Gross interbank
with U« S. Government
transactions
Total Net interbank transactions
securities dealers
Effec2-way Purchases Sales Net pur- Loans Borrowtive
PurSales trans- of net
of net chases
to
ings
Net
rate
chases
actions buying
selling
or
dealers from
loans
1/
banks
banks sales(-) 2/
dealers
3/
6
6
6
6
6

1/4
1/8

13

14
17
18
19



Borrowings
from
Reserve
Banks

3,504
3,499
3,803
3,938
3,682

1,828
1,932
2,536
2,501
2,007

1,531
1,468
1,811
1,615
1,635

1,973
2,031
1,992
2,324
2,047

296
464
725
887
371

1,677
1,567
1,267
1,437
1,676

1,182
1,170
1,248
1,181
939

280
287
283
288
325

902
884
965
893
614

XX
XX
XX
XX
XX

1,574
1,355
1,393
1,594
1,167

686
669
1,204
734
684

686
525
801
577
684

888
830
592
1,017
484

144
402
157

888
686
189
860
484

917
846
800
794
684

74
81
77
82
119

843
765
723
712
566

191(-)
326
851
22
56

XX
XX
XX
XX
XX

1,930
2,144
2,410
2,344
2,515

1,141
1,263
1,333
1,767
1,323

845
943
1,010
1,038
952

1,085
1,201
1,400
1,307
1,563

296
320
323
730
371

788
881
1,077
577
1,192

264
325
448
387
254

206
206
206
206
206

58
119
242
181
48

30(52)
55
- 285
- 346
1.048

597

XX
XX
XX
XX
XX

527
559
590
560
462

214
291
283
315
292

214
284
233
244
235

313
275
357
316
227

7
50
71
57

313
268
307
245
170

25

25

31(25)
64
50
54
267

321

XX
XX
XX
XX
XX

1,403
1,585
1,820
1,784
2,053

928
972
1,050
1,453
1,031

632
659

772
926
1,043
991
1,336

296
313
273
659
315

475
613
770
332
1,022

264
325
448
387
229

58
119
242
181
23

1(27)
8
- 235
- 292
781

1/8
1/2

All other banks
June

Reserve
excess
or deficiency
(-)V

111

794
717

206
206
206
206
206

221(52)
15
270
15
-1,136
- 324
1,103
1 247

650
15
15

15
15
276