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FEDERAL
Hill

statistical

RESERVE

release

For immediate release

H.5

August 18, 1967

Reserve Position# of Major Reserve City Banks
Reserve Period Ended August 9, .1967
(in million# of dollars unless otherwise noted)

46 banks
Reserve excess or deficiency (-) %]

1)0

Less: Borrowings free Reserve Banks

17

Less: Net interbank Federal funds
purchases or sales ( - ) gf

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

12

28
17

25

3

17

—

1,525

k86

1,038

84

95^

-1,503

-hjk

-1,029

-81

-9'J8

1.6.1

7.7

17.7

Equals: Ret basic reserve surplus
or deficit (-):
a.

Ret amount

b.

As per cent of average required reserves

lU. 1

1.1.1

1/

Reserves held after all adjustments applicable to the reporting period less tae 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.




E.$(a)

*

,

Federal Funds transactions of Major Reserve City Banks
for the Week Ended August 9, 1.967
(In millions of dollars)

46 banks

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

A. Interbank Federal funds
transactions
1. Gross transactions
a.
b.

Purchases
Sales

2. Total 2-way transactions l/

3,122
1,597

1,186
700

1,936
898

421
336

1,516
561

1,367

615

752

250

503

1,755

571

1,184

171

1,013 '

230

85

145

87

58 >

1,525

hQ6

1,038

84

95*t *

1,817

1,129

688

28

660 "

100

82

19

1

*

3. Total net transactions
a.

Net purchases of net
buying banks
b. Net sales of net
selling banks
c. Net purchases or sales

(-)

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

1,717

l, 048

669

- - -

28

1/ Derived from averages for individual banks for entire week. Figure for each bank
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 transactions equals net purchases of net buying banks. Similarly, gross sales less
2-way transactions equals net sales of net selling banks.
2/ Federal funds loaned, net funds supplied to each dealer by clearing banks,
repurchase agreements (purchases of securities from dealers subject to resale)
or other lending arrangements.

19 -

641" *

V
v
1

I

V

jJ

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.



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