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Po^ Immediate release
October 23, 1964
1.5
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Reeerre Positions of Major Heeerre City
Reserve Period Ended October l4, 1964 ,
(In millions of dollars unless otherwise noted)
46 banks
Reserve excess or deficiency ( - ) l /
d banks in 38 banks out- 5 banks 33 other
lev York City side lev York i n Chicago banks
n
39
39
4
35
Less: Borrowings from Reserve Banks
138
59
79
29
51
least l e t intextoank Federal funds
purchases ar sales ( - ) 2/
753 v
331
422
71
351
Equalst l e t basic reserve surplus
' or d e f i c i t (-){.
a.
l e t amount
be As per cent of scverage r e quired reserves
•
-813
-351
-463
-96
-367
8.8
9.7
8.2
10,2
783
1/ Reserves held a f t e r a l l adjustments applicable t o 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.
'Votes — Averages of daily figures*
1.5(a)
Federal Funds Transactions of Major Reserve City Banks
for the Week Ended October 14, 1964
( l a Millions of dollar•)
8 banks in 38 bank# out- 5 hank# 33 ether
46 banks lev
York City side lev York in Chicago bank#
A* Interbank Federal funds
transactions
I* Arose t m n w r t l w
a.
b.
Purchases
Sales
2. Total 2-way transactions 1 /
1,893
l,l4o
877
547
1,016 .
593
230
159
785
434 .
944
477
467
119
348
949
4oo
549
111
438
196
70
127
40
66
753
331
. 422
71
3%
3* Total net transactions
s* Net purchases of met
buying banks
b . l e t sales of net
selling banks
c . l e t purchases or sales
(-)
B. Related transactions with
U. 8. Government securities .
dealers
1* Loans t o dealers 2/
2. Borrowings from dealers j /
3* Bet loans
l/
•
•
715
485
87
87
628
398
230
78
tmtm
230
78
Derived f r e e averages for Individual "banks fear entire week. Figure for each
indicates extent t o which I t s weekly average purchases and sales are offsetting)
that Is, I t Is the lesser of the two amounts. Gross purchases lass 2-way transactions 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 t o resale)
or other lending arrangements.
^
j/
Federal funds borrowed, net funds acquired from each dealer by clearing banks,
reverse repurchase agreements (sales of securities t o dealers subject t o repurchase), resale agreements, and borrowings secured by Gov't* or other Issues.
V o t e s A v e r a g e s of dally figures*
152
152
@FedFRASER