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FEDERAL
statistical

1.5

* >

RESERVE

release

For Immediate release
December IT, 1965
Reserve Positions of Major Reserve City Banks
Reserve Period Ended December 8, 1965
(in millions of dollars unless otherwise noted)

• «Y
• --1

46 banks

I >'

8 banks in 38 banks out- 5 banks 33 other
Rev York City side Rev York in Chicago banks
12

50

Reserve excess or deficiency (-) 1/

120

58

62

Less: Borrowings free Reserve Banks

143

39

103

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

708

309

399

-80

479

-730

-290

-U4o

92

-532

7-5

7.6

7.4

9.1

10.8

103

Equals: Ret basic reserve surplus
r * or deficit (-):

t-

a. Net amount
b. As per cent of average required reserves

1

l> 1/ Reserves held after all adjustments applicable to the reporting period less the sua of
required reserves and carryover reserve deficiencies.
t2/ for details see Federal Funds Transactions of Major Reserve City Banks.
v
^ Rote: — Averages of daily figures.

u

ir *
•



1.5(a)
Federal Funds Transactions of Major Reserve City Banks
tor the Week Ended December 8, 1965
(In Millions of ddllars)
46 banks

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

A. Interbank Federal funds
transactions
1. gross transaction.
1,787
1,080

770
461

1,017
618

234
314

784
305

841

399

442

194

248

946

371

575

39

536

238

62

176

119

57

708

309

399

-60

479

1. Loans to dealers 2/

847

682

166 .

11

154

2. Borrowingsfiremdealers 5/

l4l

92

49

3« Set loans

706

590

116

a. Purchases
b. Sales
2. Total 2-vay transactions 1/
3. Total net transactions
a. Net purchases of met
buying banks
b. Set sales of net
selling banks
c. Set purchases or sales

(-)

B. Belated transactions with
D. S. Government securities
dealers

--

11

l/ 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-vay 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.
j/ 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.
Mote: — Averages of daily figures.



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