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FEDERAL

RESERVE

statistical

m

release

F o r immediate r e l e a s e
December 19, 1975
H. 5

Reserve P o s i t i o n s of Major Reserve C i t y Banks
Reserve Period Ended December 10, 1975
(In m i l l i o n s of d o l l a r s u n l e s s o t h e r w i s e noted)

46 banks
Reserve excess or d e f i c i e n c y ( - ) 1/
Less:

Borrowings from Reserve Banks

Less: Net i n t e r b a n k Federal funds
purchases or s a l e s ( - ) 2/

200
- -

8 banks i n
New York City
29
- -

38 banks o u t s i d e New York
171
- -

33 o t h e r
5 banks
i n Chicago banks
33

137

— —

— —

15,748

3,978

11,771

4,877

6,893

-15,548

-3,948

-11,600

-4,844

-6,756

100.3

63.5

125.0

299.9

88.2

Equals: Net b a s i c r e s e r v e s u r p l u s
or d e f i c i t ( - ) :
a.

Net amount

b.

As per cent of average r e quired r e s e r v e s

1/

Reserves held a f t e r a l l a d j u s t m e n t s a p p l i c a b l e to the r e p o r t i n g period i n c l u d i n g allowable
c a r r y - o v e r and d e f i c i e n c i e s , l e s s the sum of r e q u i r e d r e s e r v e s .

2/

For d e t a i l s see Federal Funds Transactions of Major Reserve C i t y Banks.

Note: «

Averages of d a i l y f i g u r e s .




H.5(a)
F e d e r a l F u n d s t r a n s a c t i o n s of M a j o r R e s e r v e C i t y B a n k s
for the Week e n d e d D e c e m b e r

10,

1975

(In m i l l i o n s o f d o l l a r s )

4 6 banks

8 banks in
N e w York City

3 8 banks outside N e w York

5 banks
in Chicago

3 3 other
banks

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

20,128

4,854

15,274

5,618

9,657

4,380

876

3,504

740

2,763

4,161

876

3,286

732

2,553

15,967

3,978

11,989

4,885

7,104

218

8

210

3. Total net transactions
a. Net purchases of net
buying banks
b. Net sales of net
selling banks
c. Net purchases or sales
(-)

218

w

—

15,749

3,978

11,771

4,877

6,894

3,918

1,587

2,331

674

1,658

300

119

180

3,619

1,468

2,151

B. Related transactions with
U.S. Government securities
dealers
1. Loans to dealers 2[
2. Borrowings from dealers 3]
3. Net loans

—

674

180
1,477

V

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.