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 , A u g u s t 2 7 , 1976 Reserve Positions of Major Reserve City Banks Reserve Period Ended A u g u s t 1 8 , 1976 (In millions of dollars unless otherwise noted) 46 banks Reserve excess or deficiency (-) 1/ Borrowings from Reserve Banks Less: Less: Net interbank Federal funds purchases or sales (-) 2 / 8 banks in New York City 57 33 o t h e r 5 banks i n Chicago b a n k s 2 - - 11 9 14 56 14 38 b a n k s o u t s i d e New York 2 12 15,362 4,630 10,732 5,980 4,752 -15,319 -4,575 -10,744 -5,971 -4,773 101.1 75.0 118.8 381.4 63.8 Equals: Net basic reserve surplus or deficit (-): a. Net amount b. As per cent of average required reserves \J 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 . Adjusted to include $71.8 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 B o a r d 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/ For d e t a i l s Banks. NOTE: — s e e 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 R e s e r v e C i t y 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 e 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. For r e v i s e d d a t a see F e d e r a l Reserve B u l l e t i n , A p r i l 1976. H.5(a) Federal Funds transactions of Major Reserve City Banks for the Week ended A u g u s t 1 8 , 1 9 7 6 (In millions of dollars) 46 banks 8 banks in New York City 5 banks irr Chicago 3 8 banks outside New York 3 3 other banks A. Interbank Federal funds transactions 1. Gross transactions a. Purchases b. Sales 2. Total 2-way transactions 1/ 21,849 6,487 5,487 857 16,362 5,630 6,610 630 9,752 5,000 4,408 856 3,552 615 2,937 17,441 4,631 12,810 5,996 6,815 2,079 16 2,063 3. Total net transactions a. Net purchases of net buying banks b. Net sales of net selling banks c. Net purchases or sales (-) 2,079 —— 15,362 4,631 10,731 5,980 4,751 1. Loans to dealers 2/ 2,734 1,783 951 306 645 2. Borrowings from dealers 3/ 1,392 228 1,165 444 720 3. Net loans 1,342 1,556 B. Related transactions with U.S. Government securities dealers - 214 - 138 - 75 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 lessee 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