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 release July 9, 1976 Reserve Positions of Major Reserve City Banks Reserve Period Ended July 30, 1976 (In millions of dollars unless otherwise noted) 46 banks Reserve excess or deficiency (-) 1/ 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. 32 102 189 55 134 19 14 4 10,233 3,194 7,038 4,020 3,018 -10,063 -3,154 -6,908 -3,988 -2,920 66.2 51.6 76.0 248.0 39.0 - - 4 Equals: Net basic reserve surplus or deficit (-): a. Net amount be As per cent of average required reserves 1/ 2/ Reserves held after all adjustments applicable to the reporting period including allowable carry-over and deficiencies, less the sum of required reserves. Adjusted to include $76.9 million waivers of penalties for reserve deficiencies in accordance with Board policy change effective November 19, 1975. For details see Federal Funds Transactions of Major Reserve City Banks. NOTE: -- Averages of daily figures. Substantial revisions have been made to this series beginning with period ending January 14, 1976. For revised data see Federal Reserve Bulletin, April 1976. H .5 (a) Federal Funds t r a n s a c t i o n s o f M a j o r Reserve C i t y Banks f o r t h e Week ended J u n e 3 0 , 1 9 7 6 (In m i l l i o n s o f dollars) 46 banks 8 banks in New York City 38 banks outside New York 5 banks irt Chicago 33 other banks A. Interbank Federal funds transactions 1. Gross transactions 17,914 7,681 4,385 1,190 13,529 6,491 4,962 942 8,567 5,549 4,796 1,106 3,690 918 2,772 13,118 3,279 9,840 4,045 5,795 2,886 85 2,801 24 2,777 10,233 3,194 7,038 4,020 3,018 1. Loans to dealers 2[ 1,917 1,283 634 170 464 2. Borrowings from dealers 3/ 1,249 193 1,057 445 612 668 1,091 423 a. Purchases b. Sales 2. Total 2-wav 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 3. Net loans V 2/ - 275 - 148 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. 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