The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
For Immediate release June 25, 1965 H.5 Reserve Positions of Major Beseire City Banks Reserve Period Ended June 16, 1965 (la millions of dollars unless otherwise noted) k6 banks 8 banks in 38 banks out- 5 banks 33 other lew York City side lew Tea* in Chicago banks Reserve excess or deficiency (-) l/ 21 1 21 3 18 Less: Borrowings firm Reserve Banks 295 166 129 3 127 less: let interbank Federal funds purchases or sales (-) 2/ 531 38 493 49 Wt -805 -203 -602 -50 -553 8.4 5-2 10.5 5-1 11.6 Equals: let basic reserve surplus or deficit (-); a. let amount b. As pier cent of average required reserves 1/ Reserves held after all adjustments applicable to the reporting period less the ' required reserves and carryover reserve deficiencies. 2/ For details see federal Funds Transactions of Major Reserve City Banks. lobe: — Averages of daily figures. >> 1.5(e) Federal Funds Transactions of Major Reserve City Banks for the Meek Ended June 16, 1965 (In millions of dollars) 46 banks IT banks in 38 banks out- 5 banks 33 other lew York City side lew York in Chicago banks A. Interbank Federal funds transactions 1. Grass transactions a. Purchases b. Sales 2. Total 2-waar transactions 1/ 2,218 1,687 937 899 1,281 788 261 310 1,092 608 m 971 527 121 364 1,126 329 796 189 607 595 292 303 140 163 531 38 493 49 444 1,219 932 287 25 262 106 101 5 1,113 831 282 3* Total net transactions a. let purchases of met buying banks b. Set sales of net selling banks e. Set purchases or sales (-) B . Belated transactions with U. 8. Government securities dealers 1. Leans to dealers 2/ 2. Borrowings from dealers 3/ 3» Bet loans — • 25 =/ — u u t u h h u . p«bu ior n u n wet. Figure roar moa n h 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-niy transactions equals net purchases of net haying hanks« Similarly, gross sales lees 2-way transactions equals net sales of net selling hanks. 2/ Federal funds leaned, net funds supplied to each dealer by 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 banks, reverse repurchase agreements (sales of securities to dealers subject to repurchase), resale agreements, and borrowings secured by Gov't, oar other issues. Hoke:. — Averages of daily figures. 5 257
@FedFRASER