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P^'Jim|Llj"L liJi.pwi Willi Mini. in ijniiiiii mi. in, |ij J liuuiigii m 1i iipp, in nnumm n i pii n mnpini Mmmii ^mwiwvmmmw : PS®®'® 1A it -mam. l mwrnmrn#,^ i s i i i i s x v1 s Reserve Positions of Major Reserve City Reserve Period Ended March 1, 1967 , i L . JL.JMil 1 ; For immediate release March 10, 1967 ( i n ml 1.11ms of dollars unless otherwise noted) 46 banks Reserve excess or deficiency ( - ) jJ Less: Borrowings from Reserve Banks 6 banks in 38 banks out5 banks 33 other Hey York Cltv in Chicago VkAnlr* 58 v 26 5 •» — 32 . 14 18 5 5 Less; Hat interbank Federal funds purchases or sales ( - ) g / Equals: Net basic reserve surplus or d e f i c i t ( - ) : a. Net amount b. As per cent of average required reserves 1,950 538 1,412 408 1,004 - & -1,897 -511 -1,386 '394 -992 18.3 12.2 22.3 39.7 19.0 , 1/ Keserves held after a l l adjustments applicable t o the reporting period l e s s the sua of required reserves and carryover reserve deficiencies. / 2/ For details see Federal Funds Transactions of Major Reserve City Banks. Hote: — Averages of dally figures. | '5(a) F e d e r a l Funds t r a n s a c t i o n s of Major Reserve City Banks f o r t h e Week Ended March 1, 19&7 ( I n m i l l i o n s of d o l l a r s ) 46 banks 33 o t h e r 38 banks o u t - 5 banks 8 banks i n New York C i t y side New York i n Chicago banks 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 t r a n s a c t i o n s l / 1,161 V 1,155 618 . > 2,113 700 601 193 1,512 507 571 173 398 3« T o t a l n e t t r a n s a c t i o n s a. b. c. Net purchases of n e t buying banks Net s a l e s of n e t s e l l i n g banks Net purchases or s a l e s (-) 2,107 565 1,542 428 1,114 157 27 130 20 109 1,950 538 1,412 4o8 1,0& Related t r a n s a c t i o n s with U. S. Government s e c u r i t i e s dealers 1*. Loans t o d e a l e r s 2 / 2. Borrowings from d e a l e r s j J 3« Net loans "v. 1,460 762 74 74 1,385 687 698 27 671 698 27 671 i n d i c a t e s e x t e n t t o which i t s weekly average purchases and s a l e s a r e o f f s e t t i n g ; t h a t i s , i t i s t h e l e s s e r of t h e two amounts. Gross purchases l e s s 2-way t r a n s a c t i o n s equals net purchases of n e t "buying "banks. S i m i l a r l y , g r o s s s a l e s l e s s 2-way t r a n s a c t i o n s e q u a l s n e t s a l e s of n e t s e l l i n g banks. V Federal funds loaned, net funds supplied t o each d e a l e r 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 d e a l e r s s u b j e c t t o r e s a l e ) or other lending arrangements. l/ Federal funds borrowed, n e t funds acquired from each d e a l e r by c l e a r i n g banks, reverse repurchase agreements ( s a l e s of s e c u r i t i e s t o d e a l e r s s u b j e c t t o r e p u r chase), r e s a l e agreements, and borrowings secured by (Gov*t. or o t h e r i s s u e s . Digitized ilote: for —FRASER Averages of d a i l y figures. ^ "
@FedFRASER