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FEDERAL
statistical

RESERVE

release

rSuKES?
For immediate r e l e a s e
May 26, 1967

' H *5

Reserve P o s i t i o n s of Major Reserve City Banks
Reserve Period Ended May 17, 1967
•

( i n m i l l i o n s of d o l l a r s unless otherwise noted)

46 banks

8 banks i n
38 banks o u t 5 banks 33 other
New York City side Nev York i n Chicago

Reserve excess or d e f i c i e n c y ( - ) 1/

23

13

10

Less:

82

36

46

2,131

864

1,267

191

1,076

-2,190

-887

-1,303

-195

-1,108

21.1

21.1

21.1

19. k

21.4

Borrowings from Reserve Banks

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

-

4

14
46

- -

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

Net amount

b.

As per cent of average r e quired r e s e r v e s

1/
>2/

Reserves held a f t e r a l l adjustments a p p l i c a b l e t o t h e r e p o r t i n g p e r i o d l e s s t h e sum of
required r e s e r v e s and carryover reserve d e f i c i e n c i e s .
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 .

I



V

4
H-5(a)

Federal 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 May 17, 1967
( i n m i l l i o n s of d o l l a r s )

46 banks

8 banks i n
38 banks o u t - 5 banks
33 other \
New York City side New York i n Chicago banks
-

A. 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 /

-

1,186

1,326
462

1,991
723

263

453

1,537 ,
46l

1,130

462

668

26l

407 "

2,187

864

1,323

193

55

— —

55

2

2,131

864

1,267

191

1,076

1,335

695

64o

25

615

88

88

1,247

607

3,317

3- Total net t r a n s a c t i o n s
a.
b.
c.

Net purchases of net
buying banks
Net s a l e s of net
s e l l i n g banks
Net purchases or s a l e s
(-)

1,130

<-

53 ,
?

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 loans
1/

- -

64o

V

—

25

6.15

v

Derived from averages f o r i n d i v i d u a l banks f o r e n t i r e week. Figure f o r each bank
i n d i c a t e s extent t o which i t s weekly average purchases and s a l e s are 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 , gross s a l e s l e s s
2-way t r a n s a c t i o n s equals net s a l e s of net s e l l i n g banks.

v

2/

Federal funds loaned, net funds supplied t o each d e a l e r by clearing banks,
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.

1|
'
-j

jJ

Federal funds borrowed, net 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 other 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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