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FEDERAL
statistical
k

RESERVE

release

¥

H-5

For Immediate release
January 7, 1966
Reserve Positions of Major Heserre City Beak*
He serve Period Ended December 29, 1965

r ^ /

( l a millions of d o l l a r s unless otherwise noted)

* *w Reserve
"

46 hanks
excess or deficiency ( - ) 1 /

1*88: Borrowings from Reserve Banks
Less: l e t interbank Federal funds
purchases or s a l e s ( - ) 2 /

0 hanks i n
38 hanks out5 hanks 33 other
l e v York City side Hew York In Chicago banks

^5

11

34

3

31

296

138

158

37

121

1,182

811

371

102

270

-1,432

-937

-494

-235

-359

i&.@

22.8

8.1

13.1

7.1

Equals: l e t b a s i c reserve surplus
or d e f i c i t ( - ) ;
•y
r "

f

l/
t 2/

a.

Bet amount

b.

As per cent of average r e quired reserves

Reserves held a l t e r a l l adjustments applicable t o t h e reporting period l e a s t h e sua of
required 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 f e d e r a l Funds Transactions of Major Reserve City Banks.

'* I o t a s — Averages of d a i l y f i g u r e s .

* *

i



1.5(a)
Federal Funds Transactions of Major Reserve City'Beaks
f o r t h e Week Ended December 29, 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 Hew York i n Chicago banks
A. Interbank Federal funds
transactions
1. g m »
a.
b.

^

Purchases
Sales

.

2,633
1,452

1,435
625

1,198
827

278
176

920
651

1,182

527

656

153

503

1,451

909

543

125

4lS

269

98

171

23

148

1,182

811

371

102

270

1 . Loans t o dealers 2 /

929

766

163

9

153

2 . Borrowings from dealers

115

48

67

11

56

3 . Het loans

814

718

96

-2

97

2 . Total 2-way t r a n s a c t i o n s l /
3> Total net t r a n s a c t i o n s
a.
b.
c.

Hot purchases of net
buying banks
Bet sales of net
s e l l i n g banks
l e t purchases or sales

(-)

B. Belated t r a n s a c t i o n s with
U. 8. Government s e c u r i t i e s
dealers

l/

Derived frcm averages f o r individual "banks 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 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 amounts. 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 e s s
; 2-way t r a n s a c t i o n s equals net sales of net s e l l i n g banks.

2/

Federal funds loaned, net funds supplied t o each 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 )
oar 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 dealers subject t o repurchase), r e s a l e agreements, and borrowings secured by Oor't* oar other I s s u e s .

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