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FEDERAL
RESERVE
statistical release
For immediate release
December 15, 1972
Reserve Positions of Major Reserve City Banks
Reserve Period Ended December 6, 1972
(In millions of dollars unless otherwise noted)

46 banks

8 banks in
New York City

38 banks outside New York

5 banks
33 other
in Chicago banks

Reserve excess or deficiency (-) 1/

106

55

51

20

31

V

Less:

139

43

96

64

32

V

Less: Net interbank Federal funds
purchases or sales (-) 2/

8,614

4,245

4,370

1,648

2,722

-8,648

-4,233

-4,415

-1,693

-2,723

64.9

79.7

55.1

125.4

40.9

>

Borrowings from Reserve Banks

Equals: Net basic reserve surplus
or deficit (-):
• -4

~1

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 December 6, 1972
(In millions of dollars)

46 banks
A.

8 banks in
New York Citv

38 banks outside New York

5 banks 33 other
in Chicago banks 1 •

Interbank Federal funds
transactions
1.

Gross transactions
a.
b.

Purchases
Sales

2.

Total 2-way transactions 1/

3.

Total net transactions
a.
b.
c.

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

(-)

13,893
5,279

4,813
569

9,080
4,710

2,343
695

4,629

569

4,060

649

6,73f '
4,015i. -

3.411K'
*

9,264

4,244

650
8,615

4,244

5,020

1,694

650

46

4,370

1,648

~

3,32er 604*
2,722

'

B.

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

Loans to dealers If

2.

Borrowings from dealers 3/

3.

Net loans

-

2,434

1,821

613

153

33

120

2,281

1,788

493

197
- -

197

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.

41(3
120

296..
t-"

**
^-

^
*

Note: —

Averages of daily figures.




-