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FEDERAL

r

RESERVE

statistical

release
For

H.5

immediate r e l e a s e
May 2 , 1 9 7 5

Reserve Positions of Major Reserve City Banks
Reserve Period Ended A p r i l 2 3 , 1 9 7 5
(In millions of dollars unless otherwise noted)

46 banks

8 banks in
New York City

3 8 banks outside New York

33 other
5 banks
in Chicago banks
4

Peserve excess or deficiency (-) 1/

11

1

10

14

Less:

83

36

47

--

14,411

3,555

10,856

4,065

6,791

- 14,483

- 3,590

10,893

- 4,051

- 6,842

88.3

52.5

113.9

231.8

87.5

Borrowings from Reserve Banks

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

47

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

^

Net amount

^ \ 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.

L- X



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 M a j o r R e s e r v e City B a n k s
f o r t h e Week e n d e d A p r i l 2 3 ,
(In m i l l i o n s of d o l l a r s )

8 banks in
New York City

1975

3 8 banks outside New York

5 banks
in Chicago

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

20,699

6,288

5,473
1,918

15,226
4,371

4,981
916

5,149

1,286

3,864

916

15,550

4,187

11,363

4,065

1,139

632

507

14,411

3,555

10,856

4,065

2,577

1,243

1,334

313

442

295

147

2,135

948

1,187

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

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.