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FEDERAL
statistical

RESERVE

release

f*ALW&?
y
H.5

For immediate release
March 26, 1965

Reserve Positions of Major Reserve City Banks
Reserve Period Ended March IT, 19&5
( i n millions of d o l l a r s unless otherwise noted)

banks
Heserve excess or deficiency ( - ) 1/
Less:

Borrowings from Reserve Banks

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

5 banks 33 other
38 banks out8 banks in
i
n
Chicago banks
side
Hew
York
Hew York City

4

-1

5

-1

6

176

73

104

3

100

861

539

322

34

288

-1,033

-612

-421

-39

-382

11.0

16.4

7.5

4.1

8.1

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

1/

Het amount
As per cent of average r e quired reserves

Reserves held a f t e r a l l adjustments applicable t o the reporting 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 .

•2/ For d e t a i l s see Federal Funds Transactions of Major Reserve City Banks.
" l o t e : — Averages of d a i l y f i g u r e s .

I




H.5(a)
Federal Funds Transactions of Major Reserve City Banks
f o r the Week Ended March 17, 1965
(In millions of d o l l a r s )
46 banks

8 banks i n
38 banks out- 5 banks 33 other
New York City side New York i n Chicago banks

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 /

2,021
1,161

1,005
467

1,016
694

246
212

770
483

871

444

427

99

328

1,150

562

589

146

442

290

23

267

112

155

861

539

322

34

288

844

508

336

54

282

92

89

3

751

4l8

333

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

Net purchases of net
buying banks
Net sales of net
s e l l i n g banks
Net purchases or sales
(-)

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 dealers 2/
2 . Borrowings from dealers 5 /
3. Net loans

3
54

l/

Derived from 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 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 tvo amounts. Gross purchases l e s s 2-way t r a n s actions 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 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 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 ( 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 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 .




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