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Reserve Positions of Major Reserve City
Reserve Period Ended October 28, 1964

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For immediate release
November 9# 1964

(In millions of dollars unless otherwise noted)

46 banks
•r
4Reserve excess or deficiency (-) 1/
4>8s: Borrowings froo Reserve
"Lessi Ret interbank Federal funds
vi purchases or sales (-) 2/

21

0 banks in 38 banks out- 5 banks 33 other
lev York City side Kev lark in Chicago banks
12

10

82

9

82

8

74

311

-57

369

37

332

-3T2

69

-441

-44

-397

4.0

1,9

7.9

4.7

8.5

'Equals: Set basic reserve surplus
v or deficit (-);
* a. Net amount
Wk
b. 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.
n*
q9
J|/ , o r details see Federal Funds Transactions of Major Reserve City Banks.
|ote; — Averages of daily figures.

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H.5(a)
Federal Funds Transactions of Major Reserve City Banks
for the Week Ended October 28, 1964
(In millions of dollars)
46 banks

8 banks in 38 bank# out- 5 banks 33 other
Hew York City side Hew York in SuMcago banks

A. Interbank Federal funds
transactions
1. Gross transactions
P
h

a. Purchases
b. Sales
2. Total 2-vay transactions 1/

2,039
1,728

909
966

1,130
761

241
205

889
557

1,158

6l4

544

158

386

881

295

586

84

503

570

352

,218

47

170

311

-57

369

37

332

744

606

138

45

93

88

88

656

518

3* Total net transactions
a. Net purchases of met
buying banks
b. Het sales of net
selling banks
c. Het purchases or sales

(-)

B. Related transactions with
U. S. Government securities
dealers
1. Loans to dealers 2/
2. Borrowings from dealers 5/
3« Het loans

--

138

"

45x

1/ Derived from averages for individual "banks for entire week* Figure for eaeh tank
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 8-way transactions equals net purchases of net buying banks. Similarly, gross sales less
2-vay 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.
5/ Federal funds borrowed, net funds acquired from each dealer by clearing banks,
reverse repurchase agreements (sales of securities to dealers subject to repurchase ), resale agreements, and borrowings secured by Gov't, or other issues.
Mote; — Averages of daily figures.



93