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 6 , 1974 Reserve Positions of Major Reserve City Banks Reserve Period Ended November 2 7 , 1 9 7 4 (In millions of dollars unless otherwise noted) 46 banks 8 banks in New York City 38 banks outside New York 33 other 5 banks in Chicago banks. 38 59 Reserve excess or deficiency (-) 1_/ 147 50 97 Less: 471 82 389 15,342 5,763 9,579 3,794 5,785 - 15,666 - 5,795 - 9,871 - 3,756 - 6,115 94.3 85.4 100.4 213.9 75.8 Borrowings from Reserve Banks Less: Net interbank Federal funds purchases or sales (-) 2/ 389 - - Equals: Net basic reserve surplus or deficit (-): a. Net amount b. As per cent of average required reserves 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 November 2 7 , 1 9 7 4 (In millions of dollars) 4 6 banks 8 banks in New York City 3 8 banks outside New York 5 banks ift Chicago 3 3 other banks A. Interbank Federal funds transactions 1. Gross transactions a. Purchases b. Sales 2. Total 2-wav transactions 1/ 21,227 5,885 6,921 1,158 14,306 4,727 4,630 836 9,676 3,891 5,080 1,158 3,922 836 3,087 16,146 5,763 10,383 3,794 6,589 3. Total net transactions a. Net purchases of net buying banks b. Net sales of net selling banks c. Net purchases or sales (-) 805 mm mm 805 —— 805 15,342 5,763 9,579 3,794 5,785 3,050 1,707 1,343 341 1,002 922 572 351 2,128 1,135 992 B. Related transactions with U.S. Government securities dealers 1. Loans to dealers 2/ 2. Borrowings from dealers 3/ 3. Net loans - - 341 351 651 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.