The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE s t a t i s t i c a l release f*AL For immediate release May 6> 1974 Reserve Positions of Major Reserve City Banks Reserve Period Ended APRIL 24, 1974 (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. 52 Peserve excess or deficiency (-) 1/ 106 4 101 50 Less: 728 55 673 - - 13,698 2,621 11,076 3,627 7,449 -14,320 -2,672 -11,648 -3,577 -8,071 89.4 41.5 121.6 214.5 102.0 Borrowings from Reserve Banks Less: Net interbank Federal funds purchases or sales (-) 2/ 673 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 APRIL 2 4 , 1974 (In millions of dollars) 4 6 banks 8 banks in New York City 3 8 banks outside N e w Y o r k 5 banks ill Chicago 3 3 other banks A. Interbank Federal funds transactions 1. Gross transactions a. Purchases b. Sales 2. Total 2-way transactions 1/ 19,837 6,140 4,825 2,203 15,013 3,936 4,475 848 10,538 3,089 5,401 1,863 3,538 848 2,690 14,436 2,962 11,475 3,627 7,848 738 340 398 13,698 2,622 11,076 3,627 7,449 1,227 560 668 358 310 548 309 239 680 251 429 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. Loans to dealers 2/ 2. Borrowings from dealers 3/ 3. Net loans 398 239 358 71 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