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FEDERAL .••oSS2?#V. RESERVE release st ' • f^AL R£ . • For immediate release December 27, 1965 1 Reserve Positions of Major Reserve City Banks Reserve Period Ended December 15, 1965 * • (in millions of dollars unless otherwise noted) > K )* 46 hanks •1 >1 # L' 8 hanks in 38 hanks out5 tanks 33 other Hew York City side New York in Chicago hanks Reserve excess or deficiency (-) 1/ -83 h3 to 5 35 Less; Borrowings from Reserve Banks 265 124 142 37 105 Less: let interbank Federal funds purchases or sales (-) 2/ 890 392 499 78 421 -1,072 -472 -600 -110 -491 11.0 12.2 10.2 11.4 10.0 Equals: Ret basic reserve surplus or deficit (-): a. Net amount "b. As per cent of average required reserves "" l/ Reserves held after all adjustments applicable to the reporting period less the sum of required reserves and carryover reserve deficiencies. t " 2/ For details see Federal Funds Transactions of Major Reserve City Banks. Vote: — Averages of daily figures. u L * * r H.5(a) Federal Funds Transactions of Major Reserve City Banks for the. Week Ended December 15* 1965 (in millions of dollars) 46 banks 8 banks in 38 banks out- 5 banks 33 other Rev York City side Hew York in Chicago banks A. Interbank Federal funds transactions 1- 8T99P tremweMont a. Purchases b. Sales 2. Total 2-vay transactions l/ 2,214 1,323 1,133 741 1,081 582 292 214 789 368 1,155 687 467 178 290 1,059 446 613 ll4 500 169 54 115 36 79 890 392 499 78 421 1,099 918 181 23 158 72 59 13 4 9 1,027 859 : 168 18 150 3. Total net transactions a. Bet purchases of net buying banks b. let sales of net selling banks c. Bet purchases or sales (-) B. Belated transactions with U. S. Government securities dealers 1. Loans to dealers 2/ 2. Borrowings from dealers "jjj 3. Bet loans l/ 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-vay 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.
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