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For Immediate release
September 9, 1966
Reserve Positions of Major Reserve City Banks
Reserve Period Ended August 31, 1966

H.5

(In millions of dollars unless otherwise noted)

8 banks in 38 banks out5 banks 33 othez
46 banks Nev
York City side Nev York in Chicago banks
Reserve excess or deficiency ( - ) 1/

84

38

46

4

43

Less: Borrowings from Reserve Banks

61

- -

61

16

45

Less: Net interbank Federal funds
purchases or sales ( - ) 2/

437

-132

570

172

397

-413

171

-584

-185

-399

4.1

4.3

9.7

18.9

7.9

Equals: Net basic reserve surplus
or d e f i c i t ( - ) :
a.

Net amount

b.

As per cent of average required reserves

1/

Reserves held a f t e r a l l adjustments applicable t o the reporting period less 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.

Mote: — Averages of daily figures.




H.5(a)
Federal Funds transactions of M a j o r Reser^ City Banks
for the Week Ended August 31; 356b
(In millions of dollars)
other
^ Vinnkft out- I 5 hanks
hanks in
hanks
lid*
New
York
in
Chicago
46 hanks |New York Cits
A. Interbank Federal funds
transactions
1. Gross tranauctions
a.
To.

Purchases
Sales

2. Total 2-vav transactions l /

2,599

1,687
1,117

457
285

1,229

2,162

912
1,045

1,51k

644

870

277

594

1,085

268

816

181

635

647

401

247

9

238

437

-132

570

172

397

36

245

832

3. Total net transactions
a.
b.
c.

Net purchases of net
"buying hanks
Net sales of net
selling hanks
Net purchases or sales
(-)

B. Related tTwtaactions with
U» S. Government securities
dealers
1: Loans t o dealers 2/

702

421

281

2. Borrowings from dealers 2/

209

l4o

70

492

281

3. Net loans

211

70

36

2-way transactions equals net sales of net selling
2 J

or other lending arrangements.

* = S=Sr3£E!SSS?
Note: - - Averages of daily figures.



175