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FEDERAL
RESERVE
s t a t i s t i c a l release
For

immediate release
J u n e 2 0 , 1975

Reserve Positions of Major Reserve City Banks
Reserve Period Ended J u n e 1 1 , 1975
(In millions of dollars unless otherwise noted)

46 banks

8 banks in
New York City

38 banks outside New York

33 other
5 banks
in Chicago banks

Reserve excess or deficiency (-) 1/

48

11

59

17

76

Less:

13

—

13

11

2

11,003

3,778

7,225

10,957

- 3,806

- 7,151

119.4

224.2

95.6

Borrowings from Reserve Banks

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

17,347

6,343

17,311

- 6,355

112.5

102.3

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 transactions of M a j o r Reserve C i t y Banks
f o r the Week ended J u n e 1 1 ,
(In m i l l i o n s of dollars)

4 6 banks

1975

8 banks in
New York City

3 8 banks outside N e w Y o r k

5 banks
i n Chicago

3 3 other
banks

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

22,227
4,881

7,110
767

15,117
4,114

4,477
698

10,641
3,416

4,477

560

3,916

689

3,227

17,751

6,550

11,201

3,787

7,413

404

206

198

9

189

17,347

6,344

11,003

3,778

7,225

4,597

1,671

2,927

509

2,418

533

220

313

4,005

1,451

2,614

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

313
509

2,105

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.