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FEDERAL
statistical

RESERVE

release

- f*AL RE^. •

For immediate release
April 21, 1967

H.5

Reserve Positions of Major Reserve City
Reserve Period Ended April 12, 1967
(in millions of dollars unless otherwise noted)

46 banks

8 banks in 38 banks outNew York City slde New York

5 banks 33 other
bfillkfl

Reserve excess or deficiency (-) 1/

34

12

22

3

19

Less: Borrowings from Reserve Banks

103

47

57

27

30

2,982

1,222

1,759

449

1,311

-3,051

-1,258

-1,794

-472

-1,321

29.3

30,0

28.9

46.9

25.4

Less: Net interbank Federal funds
purchases or sales (-) 2/
Equals: Net "basic reserve surplus
or, deficit (-):
a. Net amount
b. As per cent of average required reserves

1/ 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.
Mote: — Averages of daily figures.




I
H.5(a)

Federal Funds transactions of Major Reserve City Banks
for the Week Ended April 12, 1967
(in millions of dollars)

k6 banks

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

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

Purchases
Sales

3,979
998

1,637
414

2,343
583

626

178

1,716
405

977

414

563

178

385

3,002

1,222

1,780

449

1,331

2. Total 2-way transactions l/
3* Total net transactions
a.

Net purchases of net
buying banks
b. Net sales of net
selling banks
c. Net purchases or sales

(-)

21

21

21

2,982

1,222

1,759

449

1,311

2,009

1,008

1,000

55

945

76

76

1,932

932

1,000

55

945

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

1/ 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 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 to each dealer by clearing basks,
repurchase agreements (purchases of securities from dealers subject to resale)
or other lending arrangements.
jJ

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.