View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

Q?

FEDERAL

RESERVE

s t a t i s t i c a l

r e l e a s e

For immediate r e l e a s e
J u l y 1 8 , 1975
Reserve P o s i t i o n s of Major Reserve C i t y Banks
Reserve Period Ended J u l y 9 , 1975
( I n 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 n o t e d )

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

Borrowings from Reserve Banks

Less: Net interbank Federal funds
purchases or s a l e s ( - ) 2 /

8 banks i n
New York C i t y

38 banks o u t s i d e New York

33 o t h e r
5 banks
i n Chicago banks.
60

9

70

51

58

- -

58

16,779

6,662

10,117

4,377

5,740

-16,717

-6,593

-10,124

-4,386

-5,738

121

58

—

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 ( - ) :

1/

a.

Net amount

b.

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

106.5

103.1

108.7

Reserves h e l d a f t e r a l l adjustments a p p l i c a b l e t o the r e p o r t i n g p e r i o d i n c l u d i n g a l l o w a b l e
carry-over and deficiencies, less the sum of r e q u i r e d r e s e r v e s .

2/

265.1

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

Note: —

Averages of daily figures.




75.0

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 Major R e s e r v e City B a n k s
for the Week e n d e d J u l y 9 ,
(In m i l l i o n s of d o l l a r s )

4 6 banks

1975

8 banks in
New York City

3 8 banks outside N e w Y o r k

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/

22,688
5,909

7,451
789

15,238
5,120

5,221
844

10,016
4,276

5,310

789

4,522

833

3,688

17,378

6,662

10,716

4,388

6,328

599

— —

599

11

588

10,117

4,377

5,740

413

1,188

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

16,779

6 , fa62

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

11

2/

2,957

1,356

1,601

542

294

248

2,415

1,063

1,353

—

248

413

940

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 from
dealers subject t o 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 t o repurchase), resale agreements, and borrowings secured by Gov't, or other issues.

Note:—Averages of daily figures.