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FEDERAL RESERVE statistical release For immediate r e l e a s e A u g u s t 2 2 , 1975 Reserve Positions of Major Reserve City Banks Reserve Period Ended A u g u s t 1 3 , 1 9 7 5 (In millions of dollars unless otherwise noted) 46 banks 8 banks in New York Citv 38 banks outside New York 5 banks 33 other in Chicago banks. Reserve excess or deficiency (-) 1/ 31 10 41 20 21 Less: 59 47 12 6 6 15,539 4,951 10,588 4,245 6,343 -15,628 -4,988 -10,640 -4,271 -6,370 100.1 78.2 115.3 256.9 84.2 Borrowings from Reserve Banks Less: Net interbank Federal funds purchases or sales (-) 2/ Equals: Net basic reserve surplus or deficit (-): a. Net amount b. As per cent of average required reserves 1/ Reserves held after all adjustments applicable to the reporting period including allowable carry-over-and- deficiencies, less the sum of required reserves• 2/ For details see Federal Funds Transactions of Major Reserve City Banks. Note: — Averages of daily figures. H .5 (a) Federal Funds transactions of Major Reserve City Banks for the Week ended A u g u s t 1 3 , 1975 (In millions of dollars) 5 banks ift Chicago 3 3 other banks 14,392 3,804 5,069 824 9,324 2,980 718 3,493 816 2,677 4,951 10,900 4,253 6,646 312 9 304 4 6 banks 8 banks in New York City 20,062 4,523 5,669 718 4,211 15,851 3 8 banks outside New York A. Interbank Federal funds transactions 1. Gross transactions a. Purchases b. Sales 2. Total 2-wav transactions 1/ 3. Total net transactions a. Net purchases of net buying banks b. Net sales of net selling banks c. Net purchases or sales (-) 312 15,539 4,951 10,588 4,245 6,343 2,477 1,273 1,204 427 776 537 294 243 — — 243 1,940 979 961 427 534 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 banks. 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. 3/ 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. Note:—Averages of daily figures.