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FEDERAL
statistical

RESERVE

release

'fAR^
•fLEFor immediate release
May 5, 1967

H.5

Reserve Positions of Major Reserve City Banks
Reserve Period Ended April 26, 1967
(In millions of dollars unless otherwise noted)

5 banks 33 other
8 banks in 38 banks out46 banks New York City side New York in Chicago banks
Reserve excess or deficiency (-) l/

57

26

31

3

28

Less: Borrowings from Reserve Banks

55

- -

55

18

37

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

2,159

853

1,306

344

962

-2,157

-827

-1,330

-359

-971

20.4

19.1

21.3

35.5

18.5

Equals: Net "basic reserve surplus
or deficit (-):
a. Net amount
b. As per cent of average required reserves

r i/ Reserves held after all adjustments applicable to the reporting period less the sum of
«,
required reserves and carryover reserve deficiencies.
2/ For details see Federal Funds Transactions of Major Reserve City Banks.
r Note: — Averages of daily figures.




H.5(a)

Federal Funds transactions of Major Reserve City Banks
for the Week Ended April 26, 1967
(in millions of dollars)

46 banks

8 banks in 38 banks out- 5 banks 33 other,
New York City side New York in Chicago banks ^

I

A. Interbank Federal funds
transactions
1. Gross transactions
a. Purchases
b. Sales
2. Total 2-way transactions 1/

1,519
557

3,579
1,420

1,500
646

2,080

774

561
217

1,315

646

669

197

472 v

2,264

853

1,411

364

1,047 •
»

20

85 ,

v

3. Total net transactions
a. Net purchases of net
buying banks
b. Net sales of net
selling banks
c. Net purchases or sales
(-)

V

105

105

\

2,159

853

1,306

344

962

1,500

884

616

22

594

78

78

1,422

806

616

22

594 >
v

B. Related transactions with
U. S. Government securities
dealers
1: Loans to dealers 2/
2. Borrowings from dealers 3/
3. Net loans

l/ Derived from averages for individual banks for entire week. Figure for each bank
indicates extent to which its weekly average purchases and sales are offsetting;
that is, it is the lesser x f the two amounts. Gross purchases less 2-way trans>
actions equals net purchases of net buying banks. Similarly, gross sales less
2-way transactions equals net sales of net selling banks.
2/ Federal funds loaned, net funds supplied to each dealer by clearing banks,
repurchase agreements (purchases of securities from dealers subject to resale)
or other lending arrangements.

$

2/ Federal funds borrowed, net funds acquired from each dealer by clearing banks,
reverse repurchase agreements (sales of securities to dealers subject to repurchase), resale agreements, and borrowings secured by Gov't, or other issues.
Note: -- Averages of daily figures.



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