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FEDERAL

RESERVE

statistical

release
For immediate release
November 17, 1972

H. 5
Reserve Positions of Major Reserve City Banks
Reserve Period Ended November 8, 1972
(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

10

6

4

16

12

442

190

251

16

235

7,710

4,281

3,429

1,835

1,595

-8,141

-4,465

-3,676

-1,835

-1,841

58.7

82.8

43.3

131.4

26.0

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 November 8, 1972
(In millions of dollars)

A.

8 banks in
New York Citv

38 banks outside New York

13,734
6,024

4,811
530

8,924
5,494

2,532
698

6,391
4,797

3,828

530

3,298

686

2,612

9,906

4,281

5,626

1,846

3,779

2,197

12

2,185

5 banks 33 other
in Chicago banks

Interbank Federal funds
transactions
1.

Gross transactions
a.
b.

Purchases
Sales

2.

Total 2-way transactions 1/

3.

Total net transactions
a.
b.
c.

B.

46 banks

Net purchases of net
buying banks
Net sales of net
selling banks
Net purchases or sales

(-)

2,197
7,709

4,281

3,429

1,835

1,594

1,705

1,314

390

87

304

444

46

398

1,261

1,268

7

Related transactions with
U. S. Government securities
dealers
1.

Loans to dealers 2/

2.

Borrowings from dealers 3/

3.

Net loans

398
87

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.




94