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FEDERAL
statistical

RESERVE

release
For immediate release
May 19# 1967

Reserve P o s i t i o n s of Major Reserve City Banks
Reserve Period Ended May 10, 1967
( I n wiii.i.lens of d o l l a r s unless otherwise noted)
k
46 banks
Reserve excess or d e f i c i e n c y ( - ) l /
Less:

Borrowings from Reserve Banks

Less: Net interbank Federal funds
purchases or s a l e s ( - ) 2/

5 banks 33 other
38 banks out8 banks i n
New York City side New York i n Chicago banks
2

125

189

62

127

23

21

2

2,392

960

1,432

390

1,042

-2,226

-920

-1,307

-389

- 918

21.2

21.6

21.0

37.9

17.6

2

- -

Equals: Net b a s i c reserve surplus
or d e f i c i t ( - ) :

'

v

'

a.

Net amount

b.

As per cent of average r e quired reserves

2J

Reserves held a f t e r a l l adjustments applicable t o the r e p o r t i n g period l e s s t h e 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)

F e d e r a l Funds t r a n s a c t i o n s of Major Reserve C i t y Banks
f o r t h e Week Ended May 10, 1967
( i n m i l l i o n s of d o l l a r s )
Y

46 banks

8 banks i n
38 banks o u t - 5 banks
33 othei
New York C i t y s i d e New York in Chicago banks >

1

A. I n t e r b a n k F e d e r a l f u n d s
transactions

\

V

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

Purchases
Sales

2. T o t a l 2-way t r a n s a c t i o n s l /

>

3,622
1,230

1,446
466

2,176
744

588
197

1,108

486

622

158

1,588-

547 \

464/
v

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 p u r c h a s e s 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 p u r c h a s e s or s a l e s
(-)

2,514

960

122
2,392

960

1,554

4-30

1,124,

122

39

83;

1,432

390

1,042""

B. 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
3. Net l o a n s
1/

2/

2/

>
V

1,424

747

63

63

1,361

684

677

10

--

--

677

10

Derived from averages f o r i n d i v i d u a l t a n k s f o r e n t i r e week. Figure f o r each hank
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 offsetting;
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 p u r c h a s e s l e s s 2-way transa c t i o n s e q u a l s n e t p u r c h a s e s of n e t "buying hanks. S i m i l a r l y , gross sales less
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.
F e d e r a l f u n d s loaned, n e t f u n d s s u p p l i e d t o each d e a l e r by clearing banks,
repurchase agreements ( p u r c h a s e s of securities from d e a l e r s s u b j e c t t o resale)
or o t h e r l e n d i n g arrangements.
F e d e r a l f u n d s borrowed, n e t f u n d s a c q u i r e d from each d e a l e r by c l e a r i n g banks,
r e v e r s e 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 c h a s e ) , r e s a l e agreements, and borrowings secured by G o v ' t , or o t h e r i s s u e s .

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



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