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FEDERAL
statistical

RESERVE

release

s

•f*4LRt .
Far Immediate release
August 6, 1965

1.5
L, *

Reserve Positions of Major Reserve City Beaks
Reserve Period Ended J u l y 28, 1965
( i n Millions of d o l l a r s unless otherwise noted)

•

k6 hanks

rReserve excess or d e f i c i e n c y ( - ) 1 /

8 hanks i n
30 hanks o a t 5 hanks 33 other
lew York City side l e v York i n Chicago hanks

16

5

u

-2

13

*Less: Borrowings fir* Reserve Banks

185

7

178

19

159

less* l e t interbank Federal funds
purchases or s a l e s ( - ) 2 /

139

-429

568

193

374

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

1 s t amount

"b# As per cent of average r e quired reserves

yl/

2/

-

-308

kzi

-735

-215

*521

3-2

11.2

12.7

22.2

10.8

Reserves held a f t e r a l l adjustments applicable t o t h e r e p o r t i n g period l e s s t h e
repaired reserves and carryover reserve d e f i c i e n c i e s .
For d e t a i l s see Federal Funds Transactions of Major Reserve City Banks.

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




1.5(a)
Federal Funds Transactions of Major Reserve City Banks
f o r t h e Week Ended July 28, 1965
( i n Millions of d o l l a r s )
46 banks

6 banks i n
38 banks out- 5 banks 33 other
lew York City side lew York I n Chicago banks

A. Interbank Federal funds
transactions
1. a ™ . . +TMlftflrt1lfnf
a.
b.

Purchases
Sales

2. Total 2-way t r a n s a c t i o n s 1 /

1,895
1,756

660
1,089

1,234
667

311
118

923
549

996

444

552

102

450

898

217

682

209

473

760

645

114

16

98

139

- -429

568

193

374

873

569

304

12

292

90

90

- -

—

—

783

479

304

12

292

3» Total n e t t r a n s a c t i o n s
a.
b.
e.

l e t purchases of met
buying banks
l e t s a l e s of n e t
s e l l i n g banks
Set purchases or s a l e s
(-)

B. Belated transaeticms with
0 . 8 . Government s e c u r i t i e s
dealers
1 . Loans t o d e a l e r s 2 /
2 . Borrowings from d e a l e r s £ /
3 . Bet loans
l/

Derived from averages f o r Individual tanks f o r e n t i r e week. Figure f o r aaeh bank
i n d i c a t e s extent t o which I t s weekly average purchases and s a l e s are o f f s e t t i n g )
t h a t i s , I t i s t h e l e s s e r of t h e two —mints* Gross purchases l e s s 2-way t r a n s actions equals n e t purchases of net buying banks. Similarly, gross s a l e s l a s s
2-way t r a n s a c t i o n s equals n e t aalea of net s e l l i n g banke.

2/

Federal funds loaned, net funds supplied t o eaoh dealer by c l e a r i n g banks,
repurchase agreements (purchases of s e c u r i t i e s from d e a l e r s subject t o r e s a l e )
or other lending arrangements.

2/

Federal funds borrowed, net funds acquired from each dealer by c l e a r i n g banks,
reverse repurchase agreements ( s a l e s of s e c u r i t i e s t o d e a l e r s subject t o repurchase), r e s a l e agreements, end borrowings secured by Gov't, or other I s s u e s .

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