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FEDERAL RESERVE statistical m release For immediate release June 21, 1974 H.5 Reserve Positions of Major Reserve City Banks Reserve Period Ended June 12, 1974 (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 31 8 23 12 11 228 43 185 29 157 15,187 5,017 10,170 4,267 5,904 -15,384 -5,052 -10,333 -4,284 -6,049 94.6 77.8 105.8 242.3 75.6 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 F u n d s 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 1 2 , (In m i l l i o n s o f dollars) 4 6 banks 1974 8 banks in New York City 3 8 banks outside N e w Y o r k 5 banks in Chicago 3 3 other banks A. Interbank Federal funds transactions 1. Gross transactions a. Purchases b. Sales 2. Total 2-wav transactions 1/ 20,960 5,773 6,416 1,399 14,544 4,374 5,131 864 9,414 3,510 5,168 1,105 4,063 864 3,200 15,792 5,311 10,481 4,267 6,214 606 295 311 15,187 5,016 10,170 4,267 5,903 3,271 1,463 1,807 465 1,343 948 458 490 •» • » 490 2,322 1,005 1,317 465 852 3. Total net transactions a. Net purchases of net buying banks b. Net sales of net selling banks c. Net purchases or sales (-) 311 B. Related transactions w i t h U.S. Government securities dealers 1. Loans to dealers 2/ 2. Borrowings from dealers 3/ 3. Net loans 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