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IS I SE ig \v/1

•viSrSS-

I
governor

- V x ) 0uoA<kA'v«^5>rsv
Be scire Positions of Major Reserve City Banks
eserve Period Ended November 25, 1964
millions of dollars unless otherwise noted)

RES^V£-^L
46 hanks

-

8 hanks in 38 hanks out- 5 hanks 33 othei
Bew York City side Bew York in Chicago hanks

*Reserve excess or deficiency (-) 1/

46

21

24

2

23

lass: Borrowings from Reserve Banks

16

10

6

--

6

425

46

379

11

368

-395

-34

-360

-9

-352

4.2

1.0

6.3

«9

7.4

>

.

-Least let interbank Federal funds
purchases or sales (-) 2/

"v,

„ Equals: Bet 'basic reserve surplus
or deficit (-);
• a. Bet amount
" he 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*
* Bote i — Averages of daily figures.




H.5(a)
Federal Funds Transactions of Major Reserve City Banks
for the Week Ended November 25, 1964
(in millions of dollars)

Q>

8 banks in 38 banks out- 5 banks 33 other
k$ banks New York City side New York in Chicago banks
A. Interbank Federal funds
transactions
1. Gross transactions
a. Purchases
b. Sales
2. Total 2-vay transactions l/

1,972
1,548

953
907

1,020
64l

220
209

800
432

1,076

560

516

185

331

897

393

504

35

469

472

347

125

24

101

425

46

379

11

368

3* Total net transactions
a. Net purchases of net
buying banks
b. Net sales of net
selling banks
c. Net purchases or sales

(-)

S

B. Related transactions with
U. S. Government securities
dealers
1. Loans to dealers 2/
2. Borrowings from dealers 5/
3. Net loons

958
99.
359

619
99
520

339
-

339

94
- •

94

l/ Derived frcsi averages for individual "banks for entire week. Figure for each tank
indicates extent to which its "weekly average purchases and sales are offsetting;
that is, it is the lesser of the tvo 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.
j/ 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.
Hotel' — Averages of daily figures.



245
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245