The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
o X ; pT coy// . FEDERAL RESERVE statistical 'e-%L Rt^. release For immediate r e l e a s e J a n u a r y 19, 1979 H. 5 Reserve Positions of Major Reserve City Banks Reserve Period Ended J a n u a r y 1 0 . 1 9 7 9 (In millions of dollars unless otherwise noted) 46 banks • Reserve e x c e s s or d e f i c i e n c y ( - ) 1/ 36 Less: 79 B o r r o w i n g s f r o m R e s e r v e Banks Less: 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 o r s a l e s ( - ) 2/ # 8 banks in New York C i t y 37 38 b a n k s o u t s i d e New York 1 79 5 banks in Chicago 33 o t h e r banks 17 16 — 79 17,623 4,145 13,478 6,131 7,347 -17,737 -4,182 -13,555 -6,114 -7,441 96.7 62.6 116.2 333.9 75.7 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 of a v e r a g e r e quired reserves # 17 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 o f r e q u i r e d r e s e r v e s . Adjusted to include $7.4 million 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 daily figures. F: t- H. 5(a) > Federal F u n d s t r a n s a c t i o n s of Major Reserve City Banks for t h e Week ended J a n u a r y 1 0 , 1 9 7 9 (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/ 24,357 6,734 5,078 933 19,279 5,801 7,309 1,179 11,970 4,623 5,421 933 4,488 1,136 3,352 18,936 4,145 14,791 6,173 8,618 1,313 42 1,271 3. Total net transactions a. Net purchases of net buying banks b. Net sales of net selling banks c. Net purchases or sales (-) 1,313 17,623 4,145 13,478 6,131 7,347 1. Loans to dealers 2/ 5,101 3,206 1,895 266 1,629 2. Borrowings from dealers 3/ 1,232 399 833 4 829 3. Net loans 3,869 2,807 1,062 262 800 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 t o repurchase), resale agreements, and borrowings secured by Gov't, or other issues. Note:—Averages of daily figures.
@FedFRASER