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iSiSiirnvi WWW iipp 11 rtiTtifa " aaBCBQ X-*-W\JO-N^X Reserve Positions of Major Reserve City Reserve Period Ended October 28, 1964 ] \ AA-J-O-C^A-^CA' \\JJ 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. <* * I -•: J 3^ ' 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