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FEDERAL
statistical

RESERVE

release

'•tLfS;
'fARc*

For immediate release
June 18, 1965

H.5

Reserve Positions of Major Reserve City Banks
Reserve Period Ended June 9, 1965
(In millions of dollars unless otherwise noted)

46 banks

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

29

k

26

5

21

Less: Borrowings from Reserve Banks

165

47

118

1

118

Less: Net interbank Federal funds
purchases or sales (-) 2/

U19

-83

503

113

390

-555

40

-595

-109

- W

5-9

1.1

10.5

11.5

10.3

Reserve excess or deficiency (-) l/

Equals: Net basic reserve surplus
or deficit (-):
a.

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.
Vote: — Averages of dally figures.




H.5(a)
Federal Funds Transactions of Major Reserve City Banks
for the Week Ended June 9, 1965
(In millions of dollars)
46 banks
y

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

A. Interbank Federal funds
transactions
1. Gross transactions
a. Purchases
b. Sales
2. Total 2-way transactions l/

2,281
1,862

891
974

1,391
888

377
264

1,014
624

1,151

613

538

127

4ll

1,131

278

853

250

602

711

361

350

137

213

419

-83

503

113

390

693

513

180

16

164

90

89

1

603

424

179

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

<-)

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

--

16

1/ 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.
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.
5/

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 ether issues.

Note; — Averages of daily figures.




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