View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

For immediate release
April 16, 1965

Ti.5

Reserve Positions of Major Reserve City Banks
Reserve Period Ended April 7, 1965
(In millions of d o l l a r s unless otherwise noted)

k6 hanks
Reserve excess or deficiency ( - ) 1/
•Less;
-

Borrowings from Reserve Banks

Less: l e t interbank Federal fund*
purchases or sales ( - ) 2/

36 banks out5 hanks 33 other
8 hanks i n
Hew York City side Hew York i n Chicago hanks
1

lb

13

1

291

125

173

64

108

761

455

306

103

203

-1,045

-567

-^78

-168

-310

10-9

14.7

8.3

17.2

6.5

"Equals: l e t b a s i c reserve surplus
- or d e f i c i t ( - ) :
a.

Net amount

b.

As per cent of average r e quired reserves

1/

Reserves held a f t e r a l l adjustments applicable t o the reporting period l e s s the sum of
required reserves and carryover reserve d e f i c i e n c i e s .

2/

For d e t a i l s see Federal Funds Transactions of Major Reserve City Banks.

,Bote: — Averages of d a i l y f i g u r e s .




H.5(a)
Federal Funds Transactions of Major Reserve City Banks
f o r the Week Ended April 7, 1965
( I n millions of d o l l a r s )
46 banks

8 banks i n
38 banks out- 5 banks 33 other
New York City side New York i n Chicago banks

A. Interbank Federal funds
transactions
1. Gross t r a n s a c t i o n s
a.
b.

Purchases
Sales

1,799
1,037

895
440

904
598

218
115

686
483

850

425

425

98

327

949

470

479

119

359

187

15

172

16

156

761

455

306

103

203

1. Loans t o dealers 2 /

984

666

317

38

. 280

2 . Borrowings from dealers j J

146

132

14

3« Net loans

838

534

304

2. Total 2-way t r a n s a c t i o n s l /
3« Total net t r a n s a c t i o n s
a.
b.
c.

Net purchases of net
buying banks
Net sales of net
s e l l i n g banks
Net purchases or sales

(-)

B. Related t r a n s a c t i o n s with
V. 8. Government s e c u r i t i e s
dealers

- -

38

1/

Derived from averages f o r individual "banks f a r e n t i r e week. Figure f o r each bank
indicates extent t o which i t s weekly average purchases and sales are o f f s e t t i n g ;
t h a t i s , i t i s the l e s s e r of the two amounts. Gross purchases l e s s 2-way t r a n s actions equals net purchases of net buying hanks. Similarly, gross sales l e s s
2-way t r a n s a c t i o n s equals net sales of net s e l l i n g hanks.

2/

Federal funds loaned, net funds supplied t o each dealer hy clearing hanks,
repurchase agreements (purchases of s e c u r i t i e s from dealers subject t o r e s a l e )
or other lending arrangements.

5/

Federal funds borrowed, net funds acquired from each dealer hy clearing banks,
reverse repurchase agreements ( s a l e s of s e c u r i t i e s t o dealers subject t o repurchase), r e s a l e agreements, and borrowings secured by Gov't, or other i s s u e s .

Note: - - Averages of d a i l y f i g u r e s .




14
266