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FEDERAL
statistical

RESERVE

release

" • i*4L RE^. •

H.5

For immediate release
April 14, 1967

Reserve Positions of Major Reserve City Banks
Reserve Period Ended April 5, 1967

(in millions of dollars unless otherwise noted)

46 banks

8 banks in 38 banks out5 banks 33 other
New York City side New York in Chicago banks

Reserve excess or deficiency (-) 1/

21

19

2

6

Less: Borrowings from Reserve Banks

l4l

95

46

— «•

2,181

932

1,250

335

915

-2,301

-1,007

-1,294

-341

-953

21.9

23.4

20.8

33.2

18.3

Less: Set interbank Federal funds
purchases or sales (-) 2/

8

46

Equals: Net basic reserve surplus
or deficit (-):
».

Net amount

b.

As per cent of average required reserves

1/ Reserves held after all adjustments applicable to the reporting period less the sum of
required reserves and carryover reserve deficiencies.
2/ For details see Federal Funds Transactions of Major Reserve City Banks.
Note: — Averages of daily figures.




H.5(a)

Federal Funds "transactions of Major Reserve City Banks
for the Week Ended April 5, 1967
(In millions of dollars)
8 banks in
30 banks out- 5 banks
33 other
New York City side New York in Chicago "bonks
A- Interbank Federal funds
transactions
!• Gross transactions
a.
b.

Purchases
Sales

2- Total 2-way transactions 1/

3,125

943

1,241
309

1,884

634

477
142

1,407
492

816

309

507

126

381

2,309

932

1,377

351

1,026

128

16

in

3- Total net transactions
a.
b.
c.

Net purchases of net
buying banks
Net sales of net
selling banks
Net purchases or sales

(-)

128

- -

2,181

932

1,250

335

915

1,750

1,000

750

45

705

95

95

1,656

905

B. Related transactions with
U. S. Government securities
dealers
1- Loans to dealers 2/
2. Borrowings from dealers 3/
3« Net loans

- -

750

mm

45

m averages for individual
ciiuxre wees. Figure ror each ban!
indicates extent to which its weekly average purchases and sales are offsetting;
that is, it is the lesser of the two amounts. Gross purchases less 2-way trans-

est*81088

6 a u s les8

2/ Federal funds loaned, net funds supplied to each dealer by clearing banks,
T a f f e e m e n t s (Purchases of securities from dealers subject to resale)
or other lending arrangements.
2/

Federal funds borrowed, 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 Gov't, or other issues.

Note: — Averages of daily figures.




705