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For Immediate r e l e a s e
April 21, 1966

H.5

Reserve Positions of Major Reserve City Banks
Reserve Period Ended April 13, 1966
( i n millions of d o l l a r s unless otherwise noted)

46 banks

*

^Reserve excess or d e f i c i e n c y ( - ) l /
Less z Borrowings from Reserve Banks
>

Less: Net interbank Federal funds
purchases or s a l e s ( - ) 2/

8 banks in
38 banks out5 banks 33 other
New York City side Nev York in Chicago banks

83

37

46

5

4l

191

28

164

61

102

1,201

863

338

160

178

-1,309

-854

-456

-216

-239

13.3

21.8

7-7

22.1

4-9

¥

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

i/
>

Net 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 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.
>«

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

k

>

- >

•

>




-5(a)

4
F e d e r a l 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 A p r i l 13, 1966
( I n m i l l i o n s of d o l l a r s )

46 banks

»

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

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

1,377
514

1,390
1,052

300
140

1,090
912

1,166

514

651

136

515

1,601

863

739

164

574

4oo

4

396

Purchases
Sales

2. T o t a l 2-way t r a n s a c t i o n s l /
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 n e t
s e l l i n g banks
Net purchases or s a l e s

(-)

4oo
1,201

863

338

160

178

1,474

1,111

363

6

357

54

44

10

- —

10

1,420

1,067

353

6

347

$. 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 d e a l e r s 2 /
2. Borrowings from d e a l e r s 3 /
3. Net loans
L/
r

Derived from averages f o r i n d i v i d u a l "banks f o r e n t i r e week. Figure f o r each bank
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 a r e 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 , g r o s s s a l e s l e s s
2-way t r a n s a c t i o n s e q u a l s n e t s a l e s of n e t s e l l i n g banks.

2/

Federal funds loaned, net f u n d s supplied t o each d e a l e r by c l e r i n g banks,
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 .

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