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FEDERAL
RESERVE
statistical release
For immediate release
December 29, 1975
Reserve Positions of Major Reserve City Banks
Reserve Period Ended December 17, 1975
(In millions of dollars unless otherwise noted)

46 banks
Reserve excess or deficiency (-) 1/
Less:

Borrowings from Reserve Banks

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

8 banks in
New York City

139

113

—

—

38 banks outside New York
26
—

33 other
5 banks
in Chicago banks
1

27
- -

- -

14,329

3,292

11,037

4,619

6,418

-14,190

-3,179

-11,011

-4,620

-6,391

88.7

49.5

114.8

268.4

81.2

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 t r a n s a c t i o n s o f M a j o r Reserve C i t y Banks
f o r t h e Week ended D e c e m b e r 17, 1975
(In m i l l i o n s o f dollars)

46 banks

8 banks in
New York City

3 8 banks outside New York

5 banks
ih Chicago

33 other
banks

18,973
4,644

4,278
986

14,696
3,659

5,291
672

9,404
2,987

4,205

828

3,378

667

2,711

14,768

3,450

11,318

4,624

6,693

439

158

281

5

276

14,329

3,292

11,037

4,619

6,418

3,509

1,840

1,670

660

1,010

400

147

253

3,109

1,693

1,416

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
(-)
B. Related transactions with
U.S. Government securities
dealers
1. Loans to dealers 2/
2. Borrowings from dealers 3/
3. Net loans

V
~

2/

——

660

253
756

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.
Federal funds loaned, net funds supplied to each dealer by clearing banks, repurchase agreements (purchases of securities frcrc
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.