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 December 23, 1974 Reserve Positions of Major Reserve City Banks Reserve Period Ended D e c e m b e r 1 1 , 1 9 7 4 H.5 (In millions of dollars unless otherwise noted) 46 banks Reserve excess or deficiency (-) JL/ Less: Borrowings from Reserve Banks Less: Net interbank Federal funds purchases or sales (-) 2/ 8 banks in New York City 38 banks outside New York 33 other 5 banks in Chicago banks. 18 61 79 14 93 91 37 54 24 30 .17,786 7,147 10,639 4,233 6,406 10,614 - 4,271 - 6,343 107.8 238.5 78.8 Equals: Net basic reserve surplus or deficit (-): a. Net amount b. As per cent of average required reserves - 17,860 106.6 - 7,245 104.9 - 1/ ~ Reserves held after all adjustments applicable to the reporting period including allowable carry-over and deficiencies, less the sum of required reserves. 2/ For details see Federal Funds Transactions of Major Reserve City Banks. Note: — Averages of daily figures. H .5(a) Federal Funds transactions of Major Reserve City Banks for the Week ended December 1 1 , 1 9 7 4 (In millions of dollars) 46 banks 8 banks in New York City 38 banks outside New York 5 banks in Chicago 33 other banks A. Interbank Federal funds transactions 1. Gross transactions a. Purchases b. Sales 2. Total 2-way transactions 1/ 23,158 5,372 7,987 840 15,171 4,533 5,024 791 10,147 3,742 5,262 840 4,422 791 3,631 17,896 7,147 10,749 4,233 6,516 3. Total net transactions a. Net purchases of net buying banks b. Net sales of net selling banks c. Net purchases or sales (-) 111 111 111 17,786 7,147 10,639 4,233 6,406 3,826 2,097 1,729 344 1,385 940 584 357 — — 357 2,886 1,514 1,373 344 1,029 B. Related transactions with U.S. Government securities dealers 1. Loans to dealers 2/ 2. Borrowings from dealers 3/ 3. Net loans 11 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