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For immediate release
November 24, 1967
H.5
Reserve Positions of Major Reserve City Banks
Reserve Period Ended November 15, 1967
(in millions of dollars unless otherwise noted)

46 banks

8 banks in
38 banks out5 banks 33 other
New York City side New York in Chicago b«^vs

Reserve excess or deficiency (-) l/

44

22

21

Less; Borrowings from Reserve Banks

90

36

54

54

1,170

312

858

858

1,217

-326

-891

-i

-890

11.3

7.7

13.7

.i

16.4

less: Het interbank Federal funds
purchases or sales (-) 2/

-i

23

Equals: Net basic reserve surplus
or deficit (-):
N a.
b.

Net amount
As per cent of average required reserves

1/

Reserves held after all adjustments applicable to the reporting period less the sum of
required reserves and carryover reserve deficiencies.

2/

For details see Federal Funds Transactions of Major Reserve City Banks.

Note: — Averages of daily figures.




H.5(a)
I
X
Federal Funds transactions of Major Reserve City Banks
for the Week Ended November 15, 1967
(in millions of dollars)

46 banks
A. Interbank Federal funds
transactions

0 banks in
33 banks out
5 banks
33 other
New York City side New York in Chicago banks
"4

1. Gross transactions
a.
b.

Purchases
Sales

2. Total 2-way transactions 1/

2,761
1,591

967
655

1,795
936

333
333

1,461
603

1,354

605

748

291

457

1,408

362

1,046

42

1,004

238

50

188

42

146

1,170

312

858

1,343

753

590

12

578

82

82

1,260

670

590

12

578

3« Total net transactions
a.
b.
c.

Net purchases of net
buying banks
Net sales of net
selling banks
Net purchases or sales

(-)

858

B. Related transactions with
U. S. Government securities
dealers
1". Loans to dealers 2/
2. Borrowings from dealers 3/
3. Net loans

1/ Derived from averages for individual banks for entire week. Figure for each bank
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-way transactions equals net purchases of net buying hanks. Similarly, gross sales less
2-way transactions equals net sales of net selling banks.
2/

Federal funds loaned, net funds supplied to each dealer by clearing banks,
repurchase agreements (purchases of securities from dealers subject to resale)
or other lending arrangements.

1/

Federal funds borrowed, net funds acquired from each dealer toy clearing banks,
reverse repurchase agreements (sales of securities to dealers subject to repurchase), resale agreements, and borrowings secured toy Gov't, or other issues.

Note: — Averages of dally figures.