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FEDERAL

RESERVE

statistical

release
For immediate release
June 1, ; 1973

H.5

Reserve Positions of Major Reserve City Banks
Reserve Period Ended Hay 23, 1973
(In millions of dollars unless otherwise noted)

46 banks
Reserve excess or deficiency (-) 1/

103

Less:

252

Borrowings from Reserve Banks

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

8 banks in
New York Citv
51

38 banks outside New York
52

33 other
5 banks
In Chicago banks
59

7

252

252

8,481

2,818

5,663

2,159

3,504

-8,630

-2,767

-5,863

-2,166

-3,697

61.3

49.1

69.5

149.3

52.9

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 Hay 23, 1973
(In millions of dollars)
5 banks 33 other
in Chicago banks

46 banks

8 banks In
lew York City

38 banks outmlde New York

14,054
5,573

4,245
1,427

9,809
4,146

2,759

600

7,049
3,546

3,917

1,047

2,869

600

2,269

10,137

3,198

6,940

2,159

4,780

1,657

380

1,277

8,480

2,818

5,663

2,159

3,503

1,376

841

535

268

267

Interbank Federal funds
transactions
1.

Gross transactions
a.
b.

2.

Total 2-way transactions 1/

3.

Total net transactions
a.
b.
c.

B.

Purchases
Sales

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

(-)

1,277

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

Loans to dealers 2/

2.

Borrowings from dealers 3/

844

344

500

25

475

3.

Net loans

533

497

36

244

-208

1/
that is, it is the lesser of the two amounts. Gross purchases less 2-way trans
actions equals net purchases of net buying banks. Similarly, gross sales less
2-way transactions equals net sales of net selling banks.
2/
or other lending arrangements.
3/

S SSaSSH-:*-"

Note: —

Averages of daily figures.