The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
.'oOf cOVi FEDERAL [fffi RESERVE s t a t i s t i c a l f<4LR£^.'" r e l e a s e For immediate r e l e a s e A p r i l 2 2 , 1977 " H.5 Reserve P o s i t i o n s o f Major Reserve C i t y Banks R e s e r v e Period Ended A p r i l 1 3 , 1977 ( 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 ) -y 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 ( - ) 1 / -'Less: Borrowings from R e s e r v e Banks as L e s s : Net i n t e r b a n k F e d e r a l funds ^ p u r c h a s e s or s a l e s ( - ) 2/ 112 62 50 40 10 11 - - 11 - - 11 21,273 7,508 13,766 6,662 7,103 -21,172 -7,445 -13,727 -6,622 -7,105 144.9 132.2 152.8 445.1 94.8 " 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 be As per c e n t o f a v e r a g e 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 $ 6 6 . 1 million waivers of penalties for reserve deficiencies in accordance with Board policy change effective November 1 9 , 1 9 7 5 . 2/ For details see Federal Funds Transactions of Major Reserve City Banks. NOTE: — Averages of daily figures. Substantial revisions have been made to the series beginning with period ending January 1 4 , 1 9 7 6 . For revised data see Federal Reserve Bulletin, April 1 9 7 6 . H .5 (a) Federal Funds transactions of Major Reserve City Banks for the Week ended A p r i l 1 3 , 1977 (In millions of dollars) 46 banks 8 banks in New York City 3 8 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/ 27,297 6,024 8,156 648 19,141 5,376 7,528 865 11,614 4,510 5,074 648 4,425 866 3,560 22,223 7,507 14,716 6,662 8,054 951 - - 951 3. Total net transactions a. Net purchases of net buying banks b. Net sales of net selling banks c. Net purchases or sales (-) 951 - - 21,273 7,507 13,765 6,662 7,103 1. Loans to dealers 2/ 5,497 2,482 3,015 611 2,403 2. Borrowings from dealers 3/ 1,273 364 909 392 517 3. Net loans 4,224 2,118 2,106 220 1,886 B. Related transactions with U.S. Government securities dealers 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 y 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. b Note:—Averages of daily figures. v
@FedFRASER