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For immediate release
August 1)-, 1967

, H.5

Reserve Positions of Major Reserve City Banks
Reserve Period Ended July 26, 1967
(in millions of dollars unless otherwise noted)

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

17

Reserve excess or deficiency (-) 1/

33

9

25

Less; Borrowings from Reserve Banks

8

0

8

1,170

480

690

74

616

-1,145

-472

-673

-66

-607

10.7

11.0

10.5

6.3

11.3

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

8

Equals: Net basic reserve surplus
or deficit (-):
a. 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 July 26, 196?
(In millions of dollars)

A. Interbank Federal funds
transactions

8 banks in 38 banks out- 5 banks 33 other '
46 banks New York City side New York in Chicago banks »
•

V

1. Gross transactions
a. Purchases
b. Sales
2. Total 2-way transactions 1/

3,128
1,958

1,396
915

1,733
1,043

433
358

1,300
685

»
,

1,479

636

843

240

603

*

3. Total net transactions
a. Net purchases of net
buying banks
b. Net sales of net
selling banks
c. Net purchases or sales

(-)

1,649

759

890

192

%
OD

X.

479

279

200

118

82

1,170

480

690

74

616

2. Borrowings from dealers 3/
3. Net loans

\

1,190

785

4o6

96

85

11

1,095

700

395

25

25

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.
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.

380
11

l/ Derived from averages for inddLvidual 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.




*
v.
»

y

B. Related transactions with
U. S. Government securities
dealers
1; Loans to dealers 2/

X

370

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