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FEDERAL
statistical

r * H.5

RESERVE

release

For Immediate release
April 29, 1966
Reserve Positions of Major Reserve City Banks
Reserve Period Ended April 20, 1966

K

(in millions of dollars unless otherwise noted)

r
46 "banks

kr: >

1
I Reserve excess or deficiency (-) l/
I»
Less: Borrowings from Reserve Banks
Less: Net Interbank Federal funds
purchases or sales (-) 2/

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

30

8

21

1

21

317

157

160

21

239

1,227

822

406

55

351

-1,514

-970

-544

-75

-469

15.3

24.5

9.1

7.4

9.5

Equals: Net "basic reserve surplus
or deficit (-):
a.

Net amount

b. As per cent of average required reserves

v

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.
Rote: — Averages of daily figures.

v

AK

k
\

>




H.5(a)

Federal Funds transactions of Major Reserve City Banks
for the Week Ended April 20, 1966
(In millions of dollars)
8 "banks in 38 "banks out- 5 "banks 33 other
46 "banks New York City side New York in Chicago hanks
A. Interbank Federal funds
transactions

V

1. Gross transactions
a. Purchases
"b. Sales
2. Total 2-way transactions 1/

1
2,669
1,442

1,359
954

273
218

1,086
735

1,217

487

729

197

532 '

1,452

822

630

76

554 ,

225

1

225

22

203

1,227

822

406

55

351

3.' Total net transactions
a. Net purchases of net
"buying banks
"b. Net sales of net
selling "banks
c. Net purchases or sales
H
B. Related transactions with
U. S. Government securities
dealers
1. Loans to dealers 2/
2. Borrowings from dealers
3. Net loans

•:

1,573

1,074

499

82

72

10

1,491

1,002

489

17

10
17

l/ Derived rrom averages ror maiviauai uem&B iw cm/nc
~—
• 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 clering 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.



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