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FEDERAL

RESERVE

statistical

release
For

immediate r e l e a s e
A u g u s t 2 9 , 1975
Reserve Positions of Major Reserve City Banks
Reserve Period Ended A u g u s t 2 0 , 1975
(In millions of dollars unless otherwise noted)

46 banks
Reserve excess or deficiency (-) 1/

51

Less:

33

Borrowings from Reserve Banks

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

8 banks in
New York City

-

38 banks outside New York

33 other
5 banks
in Chicago banks.

1

52

14

38

-

33

— —

33

13,423

3,671

9,752

3,651

6,101

-13,405

-3,672

-9,733

-3,637

-6,096

85.4

56.9

105.3

219.7

80.3

Equals: Net basic reserve surplus
or deficit (-):
a.

Net amount

be

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
f o r the Week ended A u g u s t 2 0 , 1975
(In m i l l i o n s of dollars)

46 banks

8 banks in
New York City

3 8 banks outside New York

5 banks
ihf Chicago

3 3 other
banks

A. Interbank Federal funds
transactions
1. Gross transactions
a. Purchases
b. Sales
2. Total 2-wav transactions 1/

18,285
4,862

4,575
903

13,711
3,959

4,718
1,067

8,993
2,892

4,490

833

3,656

1,019

2,638

13,795

3,741

10,054

3,699

6,355

373

70

303

49

254

13,423

3,671

9,752

3,651

6,101

2,328

1,109

1,219

384

836

521

288

233

1,808

821

986

3. Total net transactions
a. Net purchases of net
buying banks
b. Net sales of net
selling banks
c. Net purchases or sales
(-)
B. Related transactions with
U.S. Government securities
dealers
1. Loans to dealers 2/
2. Borrowings from dealers 3/
3. Net loans

233
384

603

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.