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o f GOV

FEDERAL

RESERVE

s t a t i s t i c a l
'••f^URE^V
H.5

r e l e a s e
For immediate r e l e a s e ,
January 5 , 1976

Reserve P o s i t i o n s of Major Reserve City Banks
Reserve Period Ended December 2 4 , 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

8 banks i n
New York C i t y

38 banks o u t s i d e New York

33 other
5 banks
i n Chicago banks

Reserve e x c e s s or d e f i c i e n c y ( - ) 1 /

168

83

85

5

90

Less:

168

140

28

- —

28

12,217

1,981

10,236

4,381

5,856

-12,218

-2,039

-10,179

-4,386

-5,793

78.5

32.9

108.7

274.9

74.6

Borrowings from Reserve Banks

Less: Net interbank Federal funds
purchases or s a l e s ( - ) 2 /
Equals: Net b a s i c r e s e r v e surplus
or d e f i c i t ( - ) :
-• a.

Net amount
As per cent o f average r e quired r e s e r v e s

1 / . Reserves held a f t e r a l l adjustments 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 required 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 .

f
x


H. 5 (a)

f

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 Reserve City Banks
for t h e Week e n d e d D e c e m b e r 2 4 , 1 9 7 5
(In m i l l i o n s of dollars)

4 6 banks

8 banks in
New York City

3 8 banks outside N e w Y o r k

5 banks
in Chicago

t

3 3 other
banks

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

17,708
5,491

3,443
1,462

14,266
4,029

5,192
811

9,074
3,218

4,681

1,190

3,491

811

2,680

13,027

2,253

10,775

4,381

6,394

810

272

538

— —

538

12,217

1,981

10,237

4,381

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

5,856/

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

V

3,601

1,912

1,689

495

185

310

3,105

1,726

1,379

635

1,054

—

310

635

744

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.