The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Qf GOW F E D E R A L R E S E R V E statistical release f#AL For immediate release April 16, 1976 Reserve Positions of Major Reserve City Banks Reserve Period Ended April 7, 1976 H.5 (In millions of dollars unless otherwise noted) 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 e x c e s s or d e f i c i e n c y ( - ) JL/ 80 19 61 11 72 Less: - - - - - - - - - - Borrowings from Reserve Banks L e s s : Net i n t e r b a n k Federal funds p u r c h a s e s or s a l e s ( - ) 2/ 16,432 5,838 10,594 5,231 5,362 -16,352 -5,819 -10,533 -5,242 -5,290 109.4 96.5 118.1 330.0 72.2 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 1/ Reserves held after all adjustments applicable to the reporting period including allowable carry-over and deficiencies, less the sum of required reserves. Adjusted to include $74.5 million waivers of penalties for reserve deficiencies in accordance with Board policy change effective November 19, 1975. 2/ For details see Federal Fund Transactions of Major Reserve City Banks. NOTE: -- Averages of daily figures. Substantial revisions have been made to this series beginning with period ending January 14, 1976. For revised data see Federal Reserve Bulletin, April 1976. H .5 (a) F e d e r a l F u n d s t r a n s a c t i o n s of M a j o r Reserve City B a n k s f o r t h e Week e n d e d A p r i l 7 , 1 9 7 6 (In millions of dollars) 4 6 banks 8 banks in N e w York City 3 8 banks outside N e w York 5 banks iri Chicago 3 3 other banks A. Interbank Federal funds transactions 1. Gross transactions a. Purchases b. Sales 2. Total 2-wav transactions 1 / 22,084 5,652 6,277 439 15,807 5,213 5,816 585 9,991 4,629 4,498 439 4,059 542 3,517 17,586 5,838 11,748 5,274 6,474 1,155 -- 1,155 43 1,112 16,431 5,838 10,593 5,231 5,362 3,953 2,007 1,945 458 1,488 492 201 291 -- 291 3,461 1,806 1,654 458 1,196 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 1/ 2/ 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. 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.
@FedFRASER