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FEDERAL

RESERVE

release
For immediate release
June 2, 1967

H.5

Reserve Positions of Major Reserve City Banks
Reserve Period Ended May 24, 1967
(In ffl-nnang of d o l l a r s unless otherwise noted)

5 banks 33 other
38 banks out8 banks i n
46 banks New York City side New York in Chicago banks
Reserve excess or deficiency ( - ) l /
Less:

Borrowings from Reserve Banks

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

-

30

16

22

—

-

k6

56

10

22

22

1,828

691

1,137

121

1,016

-1,881

-676

-1,205

-111

-1,094

18.1

16.3

19.4

11.4

20.8

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

Net amount

b.

As per cent of average r e quired reserves

1/

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 d e f i c i e n c i e s .

2/

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

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




H.5(a)

n
Federal Funds t r a n s a c t i o n s of Major Reserve City Banks
f o r t h e Week Ended May 24, 1967
( i n m i l l i o n s of d o l l a r s )

46 banks

y

8 banks i n
38 banks o u t - 5 banks
33 other
New York City side New York i n Chicago banks >

4

A. Interbank Federal funds
transactions
1. Gross t r a n s a c t i o n s
a.
b.

Purchases
Sales

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

3,355
1,527

1,332
64l

2,022
886

m
367

l,535 v
518 v

1,379

606

773

338

435;

3. T o t a l n e t t r a n s a c t i o n s
a.
b.
c.

<

Net purchases of n e t
buying banks
Net s a l e s of net
s e l l i n g banks
Net purchases or s a l e s

(-)

1,976

727

1,250

150

1,099 i

146

35

113

29

83;

1,828

691

1,137

121

1,016 ^

1,224

647

577

4o

538 -

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
lv Loans t o d e a l e r s 2 /
2. Borrowings from d e a l e r s j J
3. Net loans

71

71

1,154

577

- -

- -

- -

4o

577

538v
V

SSJ

*» wu.

a.-l v i u

a»Y

Cif^v o

J. U i

J.IIUXV X U U C V 1

U r y IIV P

J. U i

CiiO 1 1 C

W C C a •

P I g U I C

1 U I

vOwJi

I lMJi f

I n d i c a t e s e x t e n t 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 a c t i o n s equals net purchases of n e t buying "banks. S i m i l a r l y , 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 n e t s a l e s of net s e l l i n g banks.
2/

Federal funds loaned, net funds supplied t o each d e a l e r 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 s u b j e c t t o r e s a l e )
or other lending arrangements.

2/

Federal funds borrowed, n e t funds acquired from each d e a l e r 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 s u b j e c t t o r e p u r chase), r e s a l e agreements, and borrowings secured by G o v ' t , or o t h e r i s s u e s .

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