The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE statistical release For immediate r e l e a s e August 26, 1977 Reserve P o s i t i o n s of Major Reserve C i t y Banks Reserve Period Ended August 17, 1977 (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 excess or d e f i c i e n c y ( - ) V Less: 24 - 38 banks o u t s i d e New York 33 o t h e r 5 banks i n Chicago banks 57 81 416 225 191 17,454 5,252 12,202 6,403 5,799 -17,847 -5,534 -12,313 -6,384 -5,928 117.4 95.1 131.2 415.2 75.5 Borrowings from Reserve Banks Less: Net i n t e r b a n k Federal funds purchases or s a l e s ( - ) 2/ 8 banks i n New York C i t y 19 — 62 191 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 cent of 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 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 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 $ 2 1 . 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 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 Funds T r a n s a c t i o n s of Major 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 . H.5(a) Federal F u n d s t r a n s a c t i o n s of Major R e s e r v e City B a n k s f o r t h e Week e n d e d A u g u s t 1 7 , 1 9 7 7 (In m i l l i o n s o f d o l l a r s ) 8 banks in New York City 46 banks 38 banks outside New York 5 banks in Chicago 3 3 other banks 1 A. Interbank Federal funds transactions 1. Gross transactions 24,449 6,994 6,498 1,246 17,951 5,749 7,599 1,196 10,352 4,553 , 5,536 1,246 4,291 1,196 3,095 * 18,912 5,252 13,660 6,403 7,257 1,458 — — 1,458 17,454 5,252 12,202 6,403 5,799 1. Loans to dealers 2 / 4,465 2,408 2,057 343 1,714 2. Borrowings from dealers 3 / 2,231 1,093 1,138 172 967 3. Net loans 2,234 1,315 919 172 747 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 (-) i 1,458 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 ne$ 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 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 t o repurchase), resale agreements, and borrowings secured by Gov't, or other issues. Note:—Averages of daily figures.
@FedFRASER