View original document

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

FEDERAL
RESERVE
statistical release
For i m m e d i a t e r e l e a s e
May 3 0 , 1975
Reserve P o s i t i o n s o f Major Reserve C i t y Banks
Reserve Period Ended May 2 1 , 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 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
11

4

- -

2

48

33

14

100

98

2

14,144

3,962

10,182

4,989

5,193

-14,291

- 4,093

- 10,198

- 5,000

-5,199

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 ( - ) :
a.

Net amount

b.

As per c e n t o f average r e quired r e s e r v e s

88.7

60.9

108.5

286.5

1/

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 t h e 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
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 t h e sum of required r e s e r v e s .

2/

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

Note: — Averages o f d a i l y f i g u r e s .




67.9

H .5 (a)
Federal Funds transactions of Major Reserve City Banks
for the Week ended
May 2 1 , 1975
(In millions of dollars)

46 banks

8 banks in
New York City

38 banks outside New York

5 banks
ih Chicago

3 3 other
banks

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

19,856
5,712

5,627
1,665

14,230
4,047

5,665
676

8,564
3,371

4,726

1,156

3,570

676

2,894

15,131

4,471

10,660

4,989

5,671

987

509

477

14,144

3,962

10,182

4,989

5,193

3,022

1,504

1,518

377

1,141

767

362

406

2,255

1,143

1,112

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

477

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

——

377

406
735

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.