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FEDERAL
statistical

RESERVE
release

F o r immediate r e l e a s e
September 12, 1975
Reserve P o s i t i o n s of Major Reserve C i t y Banks
Reserve Period Ended September 3 , 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 noted)

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/

229
8

8 banks i n
New York C i t y
130
"

38 banks o u t s i d e New York
100
8

33 other
5 banks
i n Chicago banks.
33

67
8

"

12,357

2,874

9,483

3,821

5,662

-12,136

-2,745

-9,391

-3,788

-5,603

78.4

43.7

102.0

226.2

74.4

Equals: Net b a s i c r e s e r v e surplus
or d e f i c i t ( - ) :
a.

Net amount

b.

As per cent of average r e quired r e s e r v e s

1/

Reserves held a f t e r a l l adjustments a p p l i c a b l e t o the r e p o r t i n g period 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 the sum of required r e s e r v e s •

2/

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

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




H.5(at
Federal Funds transactions of Major Reserve City Banks
for the Week ended S e p t e m b e r 3 , 1 9 7 5
(In millions of dollars)

46 banks

8 banks in
New York City

38 banks outside New York

5 banks
irr Chicago

33 other
banks

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

18,973
6,616

4,796
1,922

14,177
4,694

5,087
1,266

9,090
3,428

5,682

1,778

3,905

1,122

2,783

13,291

3,019

10,273

3,966

6,307

934

144

789

145

644

12,357

2,874

9,483

3,821

5,662

2,027

1,046

982

315

667

22

- 298

321

2,005

1,344

661

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

- -

315

321
346

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.