The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
For immediate release April 23, 1965 Reserve Positions of Major Reserve City Banks Reserve Period Ended April l4, 1965 (In millions of dollars unless otherwise noted) 46 "banks 8 hanks in 38 hanks out5 hanks 33 other Sew York City side Sew York in Chicago hanks Reserve excess or deficiency (-) l/ 27 14 13 1 12 Less: Borrowings from Reserve Banks 146 54 92 3 89 1,069 705 364 123 242 -1,188 -744 -443 -125 -318 12.6 20.0 7-7 13.2 6.7 Less: let interbank Federal funds purchases or sales (-) 2/ Equals: Set basic reserve surplus or deficit (-): a. Net amount h. 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. H.5(a) Federal Funds Transactions of Major Reserve City Banks for the Week Ended April lb, 1965 (in millions of dollars) 46 banks 8 banks in 38 bank# out- 5 banks 33 other New York City side New York in Chicago banks A. Interbank Federal funds transactions 1. Gross transaction a. Purchases b. Sales l,l6o 1,168 463 1,062 697 148 270 791 550 982 463 519 92 427 1,248 706 542 178 364 178 1 178 56 122 1,069 705 364 123 242 1. Loans to dealers 2/ 956 612 344 35 309 2. Borrowings from dealers $/ 164 153 11 3* Net loans 792 459 333 2. Total 2-way transactions l/ 2,230 3 - Total net transactions a. Net purchases of met buying banks b. Net sales of net selling banks c. Net purchases or sales (-) B. Related transactions with U. S. Government securities dealers - - 35 1/ Derived from averages for Individual "banks for entire week. Figure for each 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 banks, repurchase agreements (purchases of securities from dealers subject to resale) or other lending arrangements. 3/ 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. 11 298
@FedFRASER