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FEDERAL
RESERVE
s t a t i s t i c a l release
For Immediate R e l e a s e
A p r i l 4 , 1975
Reserve P o s i t i o n s of Major Reserve C i t y Banks
Reserve Period Ended March 26, 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 )

1 46 banks

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

Reserve excess or d e f i c i e n c y ( - ) I /

29

20

9

10

Less:

78

6

73

43

14,639

4,678

9,961

3,800

6,16

-14,688

-4,664

-10,024

-3,832

-6,19

90.8

69.7

105.6

Borrowings from Reserve Banks

L e s s : Net i n t e r b a n k F e d e r a l funds
purchases or s a l e s ( - ) 2/

-

3i

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 of a v e r a g e r e quired reserves

218.5

1/

Reserves h e l d a f t e r a l l a d j u s t m e n t s 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 allowable
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 r e q u i r e d r e s e r v e s .

2/

For d e t a i l s see F e d e r a l Funds T r a n s a c t i o n s of Major Reserve C i t y Banks,

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




80.0

H .5(a)
Federal F u n d s t r a n s a c t i o n s o f M a j o r Reserve C i t y Banks
f o r t h e Week e n d e d M a r c h 2 6 , 1 9 7 5
(In m i l l i o n s o f d o l l a r s )

4 6 banks

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/

21,345
6,706

6,170
1,492

15,174
5,213

4,502
702

10,672

5,373

1,363

4,009

702

3,307

15,972

4,807

11,165

3,800

7,365

1,333

129

1,204

14,639

4,678

9,961

4,511

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

1,204

3,800

I

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

6,161

3,233

1,650

1,583

354

1,228

710

342
1,308

368
1,215

354

368
861

2,523

1/

Derived f r o m 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 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 to repurchase), resale agreements, and borrowings secured by Gov't, or other issues.

Note:—Averages of daily figures.