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
RE*?

release
For immediate r e l e a s e
S e p t e m b e r 17, 1976

Reserve P o s i t i o n s of Major Reserve C i t y Banks
Reserve Period Ended S e p t e m b e r 8 , 197b
( I n 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 excess or d e f i c i e n c y ( - ) 1/
Less:

Borrowings from R e s e r v e Banks

L e s s : Net i n t e r b a n k F e d e r a l f u n d s
p u r c h a s e s o r s a l e s ( - ) 2/

120
- -

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.

104

15

36

- -

- -

- -

-

21
- -

16,843

7,180

9,663

6,234

3,429

-16,723

-7,075

-9,647

-6,198

-3,450

115.6

123.1

110.6

423.4

47.5

E q u a l s : 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 p e r c e n t of a v e r a g e r e quired reserves

1J

Reserves held a f t e r a l l adjustments applicable to 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 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 r e q u i r e d r e s e r v e s .
Adjusted to include $71,6 m i l l i o n
w a i v e r s of p e n a l t i e s f o r r e s e r v e d e f i c i e n c i e s i n a c c o r d a n c e w i t h
Board p o l i c y c h a n g e e f f e c t i v e November 1 9 , 1 9 7 5 .

2/

F o r d e t a i l s s e e F e d e r a l Funds 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 C i t y
Banks.

NOTE:

—

A v e r a g e s of d a i l y f i g u r e s .
S u b s t a n t i a l r e v i s i o n s h a v e b e e n made t o t h e s e r i e s
b e g i n n i n g w i t h p e r i o d ending J a n u a r y 14, 1976. For
r e v i s e d d a t a s e e F e d e r a l Reserve B u l l e t i n , A p r i l 1976.




H.5(a)
Federal F u n d s t r a n s a c t i o n s of Major Reserve City Banks
f o r t h e Week e n d e d S e p t e m b e r 8 , 1 9 7 6
(In m i l l i o n s of dollars)

46 banks

8 banks in
New York City

38 banks outside New York

5 banks
in Chicago

33 other
banks

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

24,246
7,404

7,726
547

16,520
6,857

6,851
618

9,669
6,239

4,548

546

4,002

618

3,384

19,698

7,180

12,518

6,234

6,284

2,855

— —

2,855

16,843

7,180

9,663

6,234

3,429

3,728

2,290

1,439

480

959

848

300

548

259

289

2,881

1,990

• 891

221

669

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

mm mm

2,855

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

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 acquirecLfrom each dealer by clearing banks, reverse repurchase agreements (sales of securities
to dealers subject t o repurchase), resale agreements^ and borrowings secured by Gov't.„or other issues.

Note:—Averages of daily figures.