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FEDERAL
release

IIIIJ
f*4L

.

For Immediate release
November 18, 1966

H.5

Reserve Positions of Major Reserve City TUmira
Reserve Period Ended November 9# 1966

r'
r* *
L >

( i n millions of dollars unless otherwise noted)

46 hanks

I

17

20

2

18

Less: Borrowings from Reserve Banks

320

213

108

42

66

1,718

624

1,095

425

669

2,001

-820

-1,182

-465

-717

19.6

20.3

19.1

47.8

13.8

Less J Net Interbank Federal funds
purchases or sales ( - ) 2/
Equals: Net basic reserve surplus
or d e f i c i t ( - ) :

As per cent of average r e quired reserves

i/

Reserves held a f t e r a l l adjustments applicable t o the reporting period l e s s the sum of
required reserves and carryover reserve deficiencies.

2/

For d e t a i l s see Federal Funds Transactions of Major Reserve City Banks.

Note: — Averages of daily figures.

'

'-

5 hanks 33 other

37

b.

r>

6 hanks in 38 hanks outNew York Citv side New York

Reserve excess or deficiency ( - ) 1/

Su Net amount

•

RESERVE

.

>-




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 the Week Ended November 9, 1966
( i n millions of d o l l a r s )

46 banks

8 banks i n
3d banks out- 5 banks 33 other"
New York City side New York i n Chicago banks.*

A. Interbank Federal funds
transactions

r

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 /

*

b.
c.

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

'

1,221
598

2,088
994

648
223

l,44i j
771" 4

1,361

574

786

200

5 < j

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

+

3,310
1,592

|

t
1,949

64?

1,302

448

854J

231

24

207

23

185 1

1,718

624

1,095

425

831

531

320

12

70

70

- -

- -

761

44l

320

12

669

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 dealers 2/
2. Borrowings from dealers 3 /
3« Net loans
=

—
'•v* o-LLViiv xuuoi uoiu.ii iux cuuxie weeit. r i g u r e i o r eacn oani
Indicates 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 the l e s s e r of the two amounts. Gross purchases l e s s 2-way t r a n s actions equals net purchases of net "buying banks. Similarly, gross sales l e s s
2-way t r a n s a c t i o n s equals net sales of net s e l l i n g banks.

2/

Federal funds loaned, net funds supplied t o each dealer by c l e a r i n g tanks,
repurchase agreements (purchases of s e c u r i t i e s from d e a l e r s subject t o r e s a l e )
or other lending arrangement s.

2/

Federal funds borrowed, net funds acquired from each dealer by clearing banks,
reverse repurchase agreements ( s a l e s of s e c u r i t i e s t o dealers subject t o repurchase), r e s a l e agreements, and borrowings secured by Gov't, or other issues.

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



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