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FEDERAL

,'AO?GOWV

statistical

RESERVE

release
For Immediate release
February 19, 1965

1.5
Reserve Positions of Major Reserve City Beaks
Reserve Period Ended February 10, 1965

( I n millions of d o l l a r s unless otherwise noted)

k6 banks
Reserve excess or d e f i c i e n c y ( - ) 1 /
Less:

Borrowings f r a n Reserve Banks

Less: l e t interbank Federal funds
purchases or s a l e s ( - ) 2 /

8 banks In 38 banks out5 banks 33 other
l e v York City side Rev York i n Chicago bank#

40

15

24

6

19

284

51

233

52

180

686

489

197

16

182

-930

-525

-4o6

-62

-344

9-9

14.2

7.2

6.4

7.3

Equals: Ret b a s i c reserve surplus
or d e f i c i t ( - ) :

>

a.

Net amount

b.

As per cent of average r e quired reserves

l/

Reserves held a f t e r a l l adjustments applicable t o the reporting period l e s s t h e
required reserves and carryover reserve d e f i c i e n c i e s .

2/

For d e t a i l s see Federal Funds Transactions of Major Reserve City Banks.

,Mote: — Averages of d a i l y f i g u r e s .

I ,
>




SUE Of

H.5(a)
Federal Funds Transactions of Major Reserve City Banks
f o r the Week Ended February 10, 1965
( I n millions of d o l l a r s )
46 banks

8 banks In
38 banks out- 5 banks 33 other
lew York City side l e v lark i n Chicago banks

A. Interbank Federal funds
transactions

•

i* Srsss t n m w c t W *

a.
b.

Purchases
Sales

2. Total 2-way t r a n s a c t i o n s 1 /

1,816
1,130

1,061
573

755
557

179
164

576
394

883

528

356

78

278

933

534

399

101

298

247

45

202

86

116

686

489

197

16

182

1,006

671

335

111

224

57

56

1

950

615

335

3* Total net t r a n s a c t i o n s
a.
b.
c.

l e t purchases of mat
buying banks
Net sales of net
s e l l i n g banks
l e t purchases or sales

(-)

B. Related t r a n s a c t i o n s with
U . S . Government s e c u r i t i e s
dealers
1. Loans t o d e a l e r s 2 /
2. Borrowings from dealers 5 /
3« Net loans

- -

111

1/

Derived from averages f o r individual "banks f o r e n t i r e week. Figure f o r each tank
indicates extent t o which i t s weekly average purchases and sales are o f f s e t t i n g ;
t h a t i s , i t i s the l e s s e r of the two amounts. Gross purchases l e s s 2-way t r a n s actions equals n e t purchases of net buying banks. Similarly, gross s a l e s l e s s
2-way t r a n s a c t i o n s equals net sales of net s e l l i n g banks.

2/

Federal funds loaned, net funds supplied t o each dealer by c l e a r i n g banks,
repurchase agreements (purchases of s e c u r i t i e s from dealers subject t o r e s a l e )
or other lending arrangements.

5/

Federal funds borrowed, net funds acquired from each dealer by clearing banks,
reverse repurchase agreements ( s a l e s of s e c u r i t i e s t o dealers subject t o repurchase), r e s a l e agreements, and borrowings secured by Gov't, or other i s s u e s .

Note: — Averages of daily figures.




1
224

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