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FEDERAL
statistical

RESERVE

release

s

fXAL R£ . •
For immediate release
July 7, 1967

H.5

Reserve Positions of Major Reserve City Banks
Reserve Period Ended June 28, 1967
(in millions of dollars unless otherwise noted)

1(6 banks
Reserve excess or deficiency (-) 1/

32

Less: Borrowings from Reserve Banks

28

lass: 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
15

17

14

13

28

2

26
Jk9

1,490

*51

, 038

289

-1,k86

-^36

-1,0*19

-287

-763

16.8

27.8

14.7

Equals: Het basic reserve surplus
or deficit (-):
S.

Set amount

b.

As per cent of average required reserves

lit--1

10.2
1

A/

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.

Sate; — Averages of daily figures.




5.5(a)

Federal Funds transactions of Major Reserve City Banks
fcr th-2 Week Ended June 28, 1967
(In millions of dollars)

1
i%

banks

33 othe
8 banks in 13d banks out- 5 banks
banks '
in
Chicago
side
New
York
New York City|
i

A. Interbank Federal funds
transactions
1. Gross transactions
3,362
1,872

1,333
882

2,029
990

502
213

1,527
778

I
2. Total 2-way transactions 1' | 1-A75

622

853

206

647

1,887

711

1,176

296

880

397

260

138

7

131

1,038

289

749

273

2

272

a.
b.

Purchases
Sales

3. Total net transactions
a.
b.
c.

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

(-)

1,490

JU-51

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

i

1
9I42

669

85

85

857

584

- -

273

-

-

2

l/

Derived from averages for indj.vidual 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.

2/

Federal funds loaned, net funds supplied to each dealer by clearing hanks,
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.


Note: — Averages


of daily figures.

- -

272

f