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FEDERAL
istical

RESERVE

release
For immediate release
June 23, 1967

Reserve Positions of Major Reserve City Banks
Reserve Period Ended June 14, 1.967
(In millions of dollars unless otherwise noted)

46 banks

Less:

Borrowings from Reserve Banks

l£ss: Set interbank Federal funds
purchases or sales ( - ) 2j

31

10

3

18

2

mm mm

2

559

1,703

459

1,244

-1,684

-456

-1,228

46.6

24.1

2

2,263

21

VI
vn
O

Reserve excess or deficiency ( - ) 1/

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

- -

#u

Net amount

b.

As per cent of average required reserves

-2,234
21.8

1

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

13.2

27.8

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.

Mote: — Averages of daily figures.




H.5(a)

Federal Funds transactions of Major Reserve City Banks
for the Week Ended June 14, 1967
(In millions of dollars)
8 banks in 38 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 l/

1,735

3,626
1,363

1,284

2,342

725

638

147

1,237

664

573

. 147

2,389

620

1,769

126

61

65

2,263

559

1,703

459

1,244

1,655

1,171

484

44

44o

94

94

1,561

1,077

44

44o

606

491

426

3. Total net transactions
a.

Net purchases of net

buying banks
b. Net sales of net
selling banks
c. Net purchases or sales
(-)

459

1,310
65

B. Related transactions with
U. S. Government securities
dealers

1: Loans to dealers 2/
2. Borrowings from dealers 3/
3- Net loans

- -

484

l/ Derived from averages for individual banks for entire week. Figure for each hank
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.
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.



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