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IS § S IE ® Xv/ i
WWBBT
For Immediate release
February 24, 1967

H-5

Reserve Positions of Major Reserve City Banks
Reserve Period Ended February 15, 1967
(in millions of dollars unless otherwise noted)

5 banks 33 other
• k6 banks 8 banks in 38 banks outHew York City side Nev York in Chicago hfunVo
Reserve excess or deficiency (-) 1/

68

25

42

3

39

Less: Borrowings from Reserve Banks

285

136

150

108

42

2,160

869

1,291

375

916

-2,378

-979

-1,398

-480

-918

23.0

23.7

22.6

49.2

17.%

Less: Het interbank Federal funds
purchases or sales (-) 2/
Equals: Net basic reserve surplus ,
or defleit (-):
Net amount
b.' 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.
Note: — Averages of daily figures.




H.5(a)

Federal Funds transactions of Major Reserve City Banks
for the Week Ended February 15, 1967
(in millions of dollars)

c5:

0 banks in
30 banks out- 5 banks 33 other
46 banks New York City side New York
in Chicago banks
A. Interbank Federal funds
transactions
1. Gross transactions
a.
b.

!

Purchases
Sales

2. Total 2-way transactions 1/

3,256
1,096

1,326
457

1,930
639

489
114

1,441
525

979

457

522

90

432

3* Total net transactions
a.
b.
c.

Net purchases of net
buying banks
Net sales of net
selling banks ^
Net purchases or sales

(-)

•

2,277

869

118
~Zyl60

869

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

1,408

399

1,009

118

24

94

1,291

"375 ( —

1,551

857

84

84

1,467

774

694
--

694

14
--

14

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.
2/ 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.




&

,

hi 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-way transactions equals net sales of net selling banks.

Note: — Averages of daily figures.

916

679
--

679