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A. 4 FEDERAL m RESERVE s t a t i s t i c a l r e l e a s e For Immediate R e l e a s e A p r i l 28, 1978 Reserve Positions of Major Reserve City Banks Reserve Period Ended A p r i l 19, 1978 H.5 (In m i l l i o n s of d o l l a r s unless otherwise noted) I -w- ** IV: [ 46 banks Reserve excess or d e f i c i e n c y ( - ) 1/ *Less: 107 Borrowings from Reserve Banks JLess: Net interbank Federal funds purchases or s a l e s ( - ) 2/ 8 banks in New York Citv 8 41 38 banks outside New York 5 banks 33 other in Chicago 100 1 41 41 98 * mm 20,233 6,343 13,890 6,425 7,465 -20,167 -6,336 -13,831 -6,464 -7,367 124.4 103.8 136.9 386.6 87.4 Equals: Net basic reserve surplus or d e f i c i t ( - ) : r r * f-4 a. Net amount b. As per cent of average required reserves 1/ R e s e r v e s h e l d 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 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 the sum of r e q u i r e d r e s e r v e s . Adjusted t o i n c l u d e $ 3 . 8 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 accordance w i t h Board p o l i c y change e f f e c t i v e November 19, 1975. * 2/ For 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 Reserve C i t y Banks. ' * NOTE — Averages of d a i l y f i g u r e s . l: rA H .5 (a) Federal F u n d s transactions of Major Reserve City Banks for t h e Week ended A p r i l 1 9 , 1 9 7 8 (In millions 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 27,442 7,209 . 7,585 1,242 19,857 5,967 7,332 907 12,525 5,060 5,547 673 4,874 907 3,967 21,895 6,912 14,983 6,425 1,662 569 1,093 20,233 6,343 13,890 6,425 7,465 1. Loans to dealers 2/ 3,508 2,345 1,163 285 878 2. Borrowings from dealers 3/ 2,049 1,496 553 61 492 1,458 848 610 224 386 a. Purchases b. Sales 2. Total 2-wav transactions 1/ 3. Total net transactions a. Net purchases of net buying banks b. Net sales of net selling banks c. Net purchases or sales (-) — — 8,558 1,093 B. Related transactions with « U.S. Government securities dealers 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 sale's 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.
@FedFRASER