The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL statistical RESERVE release For immediate release December 13, 1974 R e s e r v e P o s i t i o n s o f Major R e s e r v e C i t y Banks R e s e r v e P e r i o d Ended December 4 , 1 9 7 4 ( I n 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 n o t e d ) 46 banks Reserve e x c e s s or d e f i c i e n c y ( - ) 1 / Less: Borrowings from R e s e r v e Banks L e s s : Net i n t e r b a n k F e d e r a l f u n d s p u r c h a s e s or s a l e s ( - ) 2 / 8 banks i n New York C i t y 38 banks o u t s i d e New York 33 o t h e r 5 banks i n Chicago banks 311 200 111 37 218 82 136 - - 15,382 5,518 9,864 3,643 6,221 -15,289 -5,400 -9,889 -3,606 -6,284 91.1 77.8 100.4 197.7 78.3 73 136 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 c e n t o f a v e r a g e r e quired r e s e r v e s 1/ Reserves held a f t e r a l l adjustments a p p l i c a b l e to the reporting period i n c l u d i n g allowable 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 . 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 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 D e c e m b e r 4 , 1 9 7 4 (In millions of dollars) 4 6 banks 8 banks in N e w York City 3 8 banks outside N e w York 5 banks in Chicago 3 3 other banks A. Interbank Federal funds transactions 1. Gross transactions a. Purchases b. Sales 2. Total 2-way transactions 1/ 21,459 6,077 6,445 927 15,014 5,150 4,559 916 10,455 4,234 5,297 927 4,370 916 3,453 16,162 5,518 10,644 3,643 7,001 3. Total net transactions a. Net purchases of net buying banks b. Net sales of net selling banks c. Net purchases or sales (-) 780 780 780 15,383 5,518 9,865 3,643 6,222 3,217 1,588 1,629 346 1,283 956 2,261 619 969 337 1,292 346 337 946 B. Related transactions with U.S. Government securities dealers 1. Loans to dealers 2/ 2. Borrowings from dealers 3/ 3. Net loans 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