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For immediate release
January 33,, 1965
Reserve Poeitime of Major Reserve City
Beeerre Period. Ended December 30, 1964
( l a millions of dollars unless otherwise noted)
>>
#

46 hanks
*

^Reserve excess or deficiency ( - ) l /

d hanks in 38 hanks out5 banks 33 other
lew York City side l e v York i n Chicago hanks
39

24

3

20

309

90

219

76

143

898

426

472

121

351

-1,145

-477

-668

-194

-474

11.8

" 12.3

11.4

19.5

62 •

*ess: Borrowings f r o o Reserve
"Ebbsj l e t interbank Federal funds
^ purchases or sales ( - ) 2 /
"Equals: l e t basic reserve surplus
» or d e f i c i t ( - ) ;
a.
•"

Het amount

b« As per cent of average r e quired reserves

(

H

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 deficiencies.

j/

*®r d e t a i l s see Federal Funds Transactions of Major Reserve City Banks*

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

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1.5(a)
Federal Funds Transactions of Major Reserve City Bank*
f o r the Week Ended December 30, 1964
(In millions of d o l l a r s )
8 banks In 38 banks out- 5 banks 33 other
46 banks l e v York City side Hew York in Chicago beaks
A. Interbank Federal funds
transactions
1. GrPPP transactions
a.
b.

Purchases
Sales

!
.
, 2. Total 2-vay transactions 1/

1,886
987

924
498

961
489

258
137

703
352

884

453

431

109

322

1,002

471

530

149

382

104

45

58

27

31

898

426

472

121

351

1,139

883

256

84

172

98

98

—

—•

256

84

3* Total net transactions
a* Met purchases of met
buying banks
b . Set sales of net
s e l l i n g banks
c . Bet purchases or sales
(-)
B.' Related transactions with
U. S. Government s e c u r i t i e s
dealers
1, Loans t o dealers 2/
2. Borrowings f r e e dealers

1,041

3* Bet loans

785

W Derived frcet averages f o r Individual "banks for e n t i r e week* Figure f o r each tank
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-vay t r a n s actions equals net purchases of net buying hanks* Similarly, gross sales l a s s
2-way transactions equals net sales of net selling hanks*
2/ Federal funds loaned, net funds supplied t o each dealer "by clearing banks,
repurchase agreements (purchaseb of securities frost dealers subject t o r e s a l e )
or other lending arrangements.
3/ Federal funds borrowed, net funds acquired from each dealer by clearing banks,
reverse repurchase agreements (sales 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, oar other i s s u e s .
Mote: — Averages of d a i l y f i g u r e s .




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172

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