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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.