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FEDERAL
statistical

> >

RESERVE

release

f*4L

For Immediate release
April 15, 1966
Reserve Positions of Major Reserve City Banks
Reserve Period Ended April 6, 1966

*5

•i

V
*

j

(In millions of dollars unless otherwise noted)

•

46 banks

•»

Reserve excess or deficiency ( - ) 1 /

(

8 banks tn 38 banks out- 5 banks 33 othe
New York City side New York in Chicago h*^1re
2

17

203

28

175

107

#5

254

191

-779

-146

-633

-284

-348

7.9

3.6

10.8

29.0

7.1

31

15

16

Less 2 Borrowings from Reserve Banks

257

54

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

553

-

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

Net amount
As per cent of average required reserves

*
r

>

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 deficiencies.
|/

For details see Federal Funds Transactions of Major Reserve City Banks.

-Sate: — Averages of daily figures.

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> *

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H.5(a)

' 1
Federal Funds transactions of Major Reserve City Banks
for the Week Ended April 6, 1966
(in millions of dollars)
8 "banks in 38 banks out- 5 hanks 33 other
46 "banks New York City side New York in Chicago "banks

A. Interbank Federal funds
transactions
1. Gross transactions
a.
b.

Purchases
Sales

2,320
1,768

856

964

1,357
912

343
89

1,013
822/

1,193

642

550

89

462

1,128

321

806

255

552

575

214

361

553

107

445

254

1,053

752

301

63

2. Borrowings from dealers 3 /

127

94

33

3. Net loans

926

658

268

2. Total 2-way transactions 1/
3. Total net transactions
a.
b.
c.

Net purchases of net
buying banks
Net sales of net
selling banks
Net purchases or sales
(")

B. Related transactions with
U. S. Government securities
dealers
1. Loans to dealers 2/

63

1/

Derived from averages for individual banks for entire week. Figure for each bank
indicates extent t o which i t s weekly average purchases and sales are offsetting;
that i s , i t i s the lesser of the two amounts. Gross purchases less 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 t o each dealer by clering banks,
repurchase agreements (purchases of securities from dealers subject t o resale)
or other lending arrangements.

jJ

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.

Note:for —
Averages of
Digitized
FRASER


daily figures.

t
361,,
191