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FEDERAL
statistical

RESERVE

release
For immediate release
January 22, 19&5

Reserve Positions of Major Reserve City Beaks
Reserve Period Ended January 13# 1965
( I n millions of d o l l a r s unless otherwise noted)

r

k6 hanks

Reserve excess or deficiency ( - ) 1/
*

Less:

Borrowings from Reserve Banks

J/$6b: Met interbank Federal funds
purchases or s a l e s ( - ) 2 /

38 banks o u t 5 hanks 33 other
8 hanks i n
Hew York City side Hew York i n Chicago hanks

43

14

29

-3

32

317

161

155

30

125

1,295

829

466

156

310

-1,568

-976

-592

-189

-404

16.5

26.0

10.3

19.4

8.4

Equals: Set "basic reserve surplus
" or d e f i c i t ( - ) ;
V

a.

Ret amount

t>. As per cent of average r e quired reserves

*1/ 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 sum of
required reserves and carryover reserve d e f i c i e n c i e s .
A
2/

For d e t a i l s see Federal Funds Transactions of Major Reserve City Banks.

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




H.5(a)
Federal Funds Transactions of Major Reserve City Banks
f o r the Week Ended January 13, 1965
( i n millions of d o l l a r s )
38 banks out- 5 banks 33 other
8 banks i n
46 banks Hew York City side l e v York i n Chicago banks
A. Interbank Federal funds
transactions
1. Gross trapsact&ops
a.
b.

Purchases
Sales

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

2,286
991

1,158
330

1,128

284
128

844
534

815

330

486

115

370

1,471

829

642

169

473

176

13

163

662

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

Net purchases of net
buying banks
Set sales of net
s e l l i n g banks
Net purchases or sales

(-)

176
1,295

829

466

156

310

1,401

877

524

145

379

127

127

- -

"

- -

1,274

750

524

145

379

B. Related t r a n s a c t i o n s with
U. S. 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 j /
3* Net loans
l/

Derived f r e e averages f o r individual tanks f o r e n t i r e week. Figure f o r each 'bank
indicates extent t o which i t s weekly sever age 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 amounts. Gross purchases l e s s 2-way transactions equals net purchases of net buying "banks. Similarly# gross sales l e s s
2-way t r a n s a c t i o n s equals net s a l e s of net s e l l i n g hanks.

2/

Federal funds loaned, net funds supplied t o each dealer by c l e a r i n g hanks,
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.

5/

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, and borrowings secured by Gov't* or other i s s u e s .

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