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iHBRARY SEP JI L \ S W : FED, : . of G V O m\ ''•f*ALR£&* ' - : : ° A H J $ .. i L l t f L ! # D E R A L SEP q 9 4ij}fVlS s t a t i s t i c a l release For immediate r e l e a s e August 2 4 , 1979 FLD: " R.-SERVE BANK OF CLEVELAND H.5 RESERVE Reserve P o s i t i o n s of Major Reserve City Banks Reserve Period Ended August 1 5 , 1979 (In 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 noted) 46 banks Reserve e x c e s s or d e f i c i e n c y ( - ) 1/ Less: 38 banks outs i d e New York 33 o t h e r 5 banks i n Chicago banks 62 17 66 238 205 33 21,508 5,505 16,003 8,076 7,927 -21,663 -5,693 -15,970 -8,059 -7,912 126.4 97.5 141.4 493.7 81.9 Borrowings from Reserve Banks L e s s : Net interbank Federal funds purchases or s a l e s ( - ) 2/ 8 banks i n New York C i t y 17 49 33 Equals: Net b a s i c r e s e r v e surplus 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 a f t e r a l l adjustments applicable to the reporting 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 o f 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 $ 3 4 . 3 m i l l i o n w a i v e r s of p e n a l t i e s for r e s e r v e d e f i c i e n c i e s i n accordance with Board p o l i c y c h a n g e e f f e c t i v e November 1 9 , 1 9 7 5 . 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 o f Major R e s e r v e C i t y Banks. NOTE: •— Averages of d a i l y f i g u r e s . H.5(a) Federal Funds transactions of Major Reserve City Banks for the Week ended A u g u s t 1 5 , 1979 (In millions of dollars) 46 banks 8 banks in New York City 3 8 banks outside New York 5 banks in Chicago 3 3 other banks A. Interbank Federal funds transactions 1. Gross transactions 30,034 8,527 6,509 1,004 23,525 7,522 9,314 1,238 14,211 6,284 6,075 1,005 5,070 1,238 3,832 23,959 5,505 18,455 8,076 10,379 2,452 - - 2,452 21,507 5,505 16,003 8,076 7,927 1. Loans to dealers 2/ 2,730 1,732 998 120 878 2. Borrowings from dealers 3/ 1,883 823 1,060 6 1,055 847 909 63 115 a. Purchases b. Sales 2. Total 2-way 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 (-) 2,452 — - B. Related transactions with U.S. Government securities dealers 3. Net loans - 177 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 to repurchase), resale agreements, and borrowings secured by Gov't, or other issues. Note:—Averages of daily figures.
@FedFRASER