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FEDERAL

RESERVE

statistical

release
For immediate r e l e a s e
J u l y 2 5 , 1975

Reserve Positions of Major Reserve City Banks
Reserve Period Ended J u l y 1 6 , 1 9 7 5
(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

38 banks outside New York

33 other
5 banks
in Chicago banks

31

33

2

4

6

132

78

54

54

- —

17,347

6,471

10,877

4,613

6,264

- 17,510

- 6,582

- 10,928

- 4,670

-6,258

109.1

100.3

115.3

268.3

80.9

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

Net amount

b.

As per cent of average required reserves

1J

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
for the Week ended J u l y 1 6 , 1 9 7 5
(In millions of dollars)

46 banks

8 banks-mNew York City

38 banks outside New York

1

5 banks
in Chicago

3 3 other
banks

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

22,263
4,916

7,208
737

15,055
4,179

5,303
691

9,752
3,488

4,671

737

3,934

689

3,245

17,592

6,471

11,121

4,614

6,507

244

1

243

3. Total net transactions
a. Net purchases of net
buying banks
b. Net sales of net
selling banks

244

c. Net purchases or sales
(-)

17,348

6,471

10,877

4,613

6,264

3,083

1,386

1,697

508

1,189

601

292

309

2,483

1,095

1,388

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

309
508

880

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 t o 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.