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FEDERAL
illll

statistical

RESERVE

release
For immediate r e l e a s e
June 12, 1967

H.5

Reserve Positions of Major Reserve City Banks
Reserve Period Ended May 31, 1967
(In millions of d o l l a r s unless otherwise noted)

' 46 banks
!

8 banks in
38 banks out5 banks 33 other
New York City side New York in Chicago banks

Reserve excess or deficiency ( - ) l / 1

69

40

29

Less:

56

- -

56

Borrowings from Reserve Pnaxs |

Less: Net interbank Federal funds
purchases or sales ( - ) 2/
Equals: Net basic reserve surplus
or d e f i c i t ( - ) :
a.

Net amount

b.

As per cent of average r e quired reserves

26

3

56

~ ~

1,245

329

917

178

739

-1,233

-289

-944

-175

-769

"12.0

-7.0

15.4

17.4

15.0

!

1

1/

Reserves held a f t e r a l l adjustments applicable t o the reporting period l e s s the sum of
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.

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




H.5(a)

Federal Funds transactions of Major Reserve City Banks
for the Week Ended May 31, 1967
(In millions of d o l l a r s )
—

46 banks

8 banks in
38 banks out- 5 banks
33 other
New York City side New York in Chicago banks

A. Interbank Federal funds
transactions

)

1. Gross t r a n s a c t i o n s
a.
b.

Purchases
Sales

2. Total 2-way transactions 1/

2,807

1,562

1,038
709

1,770
853

427
249

1,343
6o4

i

1,245

506

738

2k9

490

^

532

1,031

178

853

>

203

114

329

917

178

739

<

1,124

6to

476

14

k62

,

57

57

1,067

591

462

,

3. Total net transactions
a.
b.
c.

Net purchases of net
buying banks
1,563
Net sales of net
1
s e l l i n g banks
317
Net purchases or sales
(-)
i 1,245

B. Related transactions with
U. S. Government s e c u r i t i e s
dealers
r . Loans t o dealers 2/
2. Borrowings from dealers 3/
3- Net loans

--

476

- -

14

1/

Derived from averages f o r individual banks f o r e n t i r e week. Figure f o r each bank
indicates extent t o which i t s weekly average purchases and sales are o f f s e t t i n g ;
that 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 net purchases of net buying banks. Similarly, gross sales 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 hanks,
repurchase agreements (purchases of s e c u r i t i e s from dealers subject t o resale)
or other lending arrangements.

2/

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), resale agreements, and borrowings secured by Gov't, or other issues.

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