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F E D E R A L R E S E R V E statistical release For immediate r e l e a s e , A p r i l 3 0 , 1976 Reserve Positions of Major Reserve City Banks Reserve Period Ended A p r i l 2 1 , 1 9 7 6 (In millions of dollars unless otherwise noted) 4 6 banks 8 banks in New York City 38 banks o u t s i d e New York 33 o t h e r 5 banks In Chicago banks Reserve excess or deficiency (-) 1/ 37 12 49 21 Less: 18 — — 18 18 16,895 5,028 11,868 6,184 5,684 -16,950 -5,016 -11,934 -6,224 -5,711 110.1 80.1 130.6 382.0 76.1 Borrowings from Reserve Banks Less: Net interbank Federal funds purchases or sales ( - ) 2 / - 27 Equals: Net basic reserve surplus or deficit (-): a. Net amount b. As per cent of average required reserves 1/ Reserves held a f t e r a l l adjustments a p p l i c a b l e to the r e p o r t i n g period including 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 $ 7 5 . 7 m i l l i o n w a i v e r s of p e n a l t i e s of 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 change 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 Fund 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 i s 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 e n d i n g J a n u a r y 14, 1976. F o r r e v i s e d d a t a s e e F e d e r a l R e s e r v e B u l l e t i n , A p r i l 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 2 1 , 1 9 7 6 (In m i l l i o n s of d o l l a r s ) 4 6 banks 8 banks in N e w York City 3 8 banks outside N e w York 5 banks irl Chicago 3 3 other banks A. Interbank Federal funds transactions 1. Gross transactions a. Purchases b. Sales 2. Total 2-way transactions 1/ 22,904 6,008 6,105 1,078 16,798 4,930 6,843 659 9,955 4,272 4,968 1,078 3,890 644 3,246 17,936 5,028 12,908 6,199 6,709 1,040 — — 1,040 15 1,025 16,895 5,028 11,868 6,184 5,684 2,665 1,678 987 412 576 651 288 363 2,014 1,390 625 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 363 412 213 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 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 t o repurchase), resale agreements, and borrowings secured by Gov't, or other issues. Note:—Averages of daily figures.
@FedFRASER