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\ fEB \ l 12 27 m j B | ED ERA L . w i; T L#. KrlJ i it--. £ : BANK Ur VLLVCLANW IN RESERVE statistical release For Immediate r e l e a s e February 2 , 1979 H.5 Reserve P o s i t i o n s of Major Reserve City Banks Reserve Period Ended January 2 4 , 1979 (In m i l l i o n s of d o l l a r s u n l e s s otherwise noted) 46 banks 8 banks in New York City 38 banks outs i d e New York 33 other 5 banks i n Chicago banks Reserve e x c e s s or d e f i c i e n c y ( - ) 1/ 11 9 2 22 25 Less: 42 14 27 —— 27 15,248 2,480 12,769 5,207 7,562 -15,301 -2,503 -12,798 -5,184 -7,614 81.4 36.2 107.7 284.9 75.7 Borrowings from Reserve Banks Less: Net interbank Federal funds purchases or s a l e s ( - ) 2 / Equals: Net b a s i c r e s e r v e surplus 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/ R e s e r v e s h e l d a f t e r a l l a d j u s t m e n t s a p p l i c a b l e t o 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 o f 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 $ 7 , 4 m i l l i o n w a i v e r s o f 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 accordance 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/ 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 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 Funds transactions of Major Reserve City Banks for the Week ended January 2 4 , 1 9 7 9 (In millions of dollars) 46 banks 8 banks in New York City 38 banks outside New York 5 banks iff Chicago 33 other banks A. Interbank Federal funds transactions 1. Gross transactions 22,400 7,152 4,142 1,663 18,258 5,489 6,708 1,501 11,550 3,987 5,315 1,224 4,092 1,428 2,663 17,085 2,919 14,166 5,280 8,886 1,836 439 1,397 73 1,324 15,248 2,479 12,769 5,207 7,562 1. Loans to dealers 2/ 3,988 2,366 1,622 179 1,442 2. Borrowings from dealers 3/ 1,414 426 989 9 980 3. Net loans 2,573 1,940 633 171 462 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 (-) 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 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