The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
c . ••oOfCOVf •• FEDERAL m s t a t i s t i c a l '•f*AL RB^' f RESERV r e l e a s e For immediate r e l e a s e November 1 3 , 1 9 7 8 «.5 Reserve P o s i t i o n s of Major Reserve C i t y Banks Reserve Period Ended November 1, 1978 ( 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 "Teserve e x c e s s or d e f i c i e n c y ( - ) V Bess: 28 Borrowings from Reserve Banks J_ess: 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 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 28 5 banks 33 o t h e r i n Chicago banks 13 15 205 69 137 14,187 3,774 10,413 4,965 5,449 •14,364 -3,843 -10,522 -4,951 -5,571 89.5 67.5 101.5 318.5 63.2 137 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. b. Net amount As per cent of average required r e s e r v e s 1/ 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 . A d j u s t e d t o i n c l u d e $ 8 . 1 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 19, 1975. •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 Major 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 . H.5(a) Federal F u n d s t r a n s a c t i o n s of Major Reserve C i t y B a n k s for t h e Week e n d e d N o v e m b e r 1 , 1 9 7 8 (In m i l l i o n s of dollars) 4 6 banks 8 banks in New York City 3 8 banks outside New York 5 banks ill Chicago 33 o r ba#^ A. Interbank Federal funds transactions * * 1. Gross transactions a. Purchases b. Sales 2. Total 2-way transactions 1/ . •% 22,604 8,417 5,404 1,630 17,200 6,786 6,348 1,384 10-,8. 5,521 1,090 4,431 1,384 310! 5 »4< 3. Total net transactions a. Net purchases of net buying banks b. Net sales of net selling banks c. Net purchases or sales (-) * 17,083 4,314 12,769 2,896 540 2,356 14,187 3,774 10,413 4,964 7,8' »* , 4,964 5y4 ir B. Related transactions with U.S. Government securities dealers ~4 A. 1 1. Loans to dealers 2 / 2,986 1,773 1,212 79 2. Borrowings from dealers 3 / 2,241 510 1,731 201 745 1,263 518 - 122 3. Net loans - W K 5 - *3' * - A \ > A. V Derived from averages for individual banks for entire week. Figure for each bank indicates extent to which its weekly a purchases and sales are offsetting; that is, it is the lesser of the two amounts. Gross purchases less 2-way transactions eg^a 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 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 to dealers subject to repurchase), resale agreements, and borrowings secured by Gov't, or c t h r *s:v?<: Note:—Averages of daily figures.
@FedFRASER