The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
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.