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FEDERAL

RESERVE

statistical

release

For immediate release
June 30, 1972

f*4L RES^5

Reserve Positions of Major Reserve City Banks
Reserve Period Ended June 21, 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

5 banks 33 other
in Chicago banks

104

78

27

15

19

18

1

6,622

3,155

3,467

1,957

1,511

-6,538

-3,096

-3,442

-1,945

-1,497

48.1

58.1

41.6

142.4

21.7

12

1

- -

Equals: Net basic reserve surplus
or deficit (-):
a.

Net amount

b.

As per cent of average required reserves

!_/ 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 June 21, 1972
(In millions of dollars)

A.

8 banks In
New York Cltv

12,685
6,062

4,126
971

8,559
5,092

2,738
782

4,084

971

3,113

740

8,601

3,155

5,446

1,999

1,978

42

38 banks outslde New York

5 banks
In Chicago

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
(-)

1,978
6,622

3,155

3,467

1,957

1,967

1,389

578

302

358

44

314

1,609

1,345

264

5,821
4,310

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

Loans to dealers 2/

2.

Borrowings from dealers 3/

3.

Net loans

276
314

302

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 ftom 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.

-38

Note: -- Averages of daily figures.




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