The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL statistical RESERVE release For immediate r e l e a s e November 1 2 , 1976 Reserve Positions of Major Reserve City Banks Reserve Period Ended N o v e m b e r 3 , 1 9 7 6 (In millions of dollars unless otherwise noted) 46 banks 8 banks i n New York C i t y 38 b a n k s o u t s i d e New York 33 o t h e r 5 banks i n Chicago banktt Reserve e x c e s s o r d e f i c i e n c y ( - ) 1 / 210 106 104 Less: 130 128 2 16,086 5,708 10,378 6,170 4,208 -16,006 -5,730 -10,276 - 6,127 -4,150 107.7 98.6 113.6 405.8 55.0 Borrowings from R e s e r v e Banks L e s s : 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/ 43 61 2 E q u a l s : 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 p e r c e n t of a v e r a g e r e quired reserves 1/ Reserves held a f t e r a l l adjustments applicable to the reporting 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 of r e q u i r e d r e s e r v e s . Adjusted to include 67.0 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 Board 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 d a i l y f i g u r e s . S u b s t a n t i a l r e v i s i o n s h a v e b e e n made t o t h e s e r i e s b e g i n n i n g w i t h p e r i o d e n d i n g J a n u a r y 14, 1976. For r e v i s e d d a t a see F e d e r a l Reserve B u l l e t i n , A p r i l 1976. H.5(a) Federal Funds transactions of Major Reserve City Banks for the Week ended November 3 , 1 9 7 6 (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 in Chicago 3 3 other banks A. Interbank Federal funds transactions 1. Gross transactions a. Purchases b. Sales 2. Total 2-way transactions 1/ 23,762 7,676 6,739 1,031 17,023 6,645 6,819 650 10,204 5,996 5,085 1,031 4,055 650 3,405 18,677 5,708 12,969 6,170 6,799 3. Total net transactions a. Net purchases of net buying banks b. Net sales of net selling banks c. Net purchases or sales (-> 2,591 2,591 2,591 16,086 5,708 10,378 6,170 4,208 1. Loans to dealers 2/ 3,501 2,278 1,223 390 833 2. Borrowings from dealers 3/ 1,292 158 1,134 316 818 3. Net loans 2,208 2,120 89 74 15 B. Related transactions with U.S. Government securities dealers V 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