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H.5

FEDERAL
RESERVE
statistical release
For immediate r e l e a s e
March 2, 1973

SOVt^N.%

Reserve Positions of Major Reserve City Banks
Reserve Period Ended February 21, 1973
Lx

V iv V

/[In m i l l i o n s of d o l l a r s unless otherwise noted)

46 banks

8 banks in
New York City

38 banks outside New York

5 banks 33 other
i n Chicago banks

Reserve excess or d e f i c i e n c y ( - ) 1/

257

155

102

22

80

Less:

710

100

610

93

517

8,957

4,582

4,376

2,019

2,357

- 9,410

-4,527

-4,883

-2,089

-2,793

68.1

80.5

59.5

149.4

41.1

Borrowings from Reserve Banks

Less: Net interbank Federal funds
purchases or s a l e s ( - ) 2/
Equals: Net basic reserve surplus
or d e f i c i t ( - ) :
a.

Net amount

b.

As per cent of average r e quired reserves

1/

Reserves held a f t e r a l l adjustments applicable to the reporting period including allowable
carry-over and d e f i c i e n c i e s , l e s s the sum of required r e s e r v e s .

2/

For d e t a i l s see Federal Funds Transactions of Major Reserve City Banks.

Note: — Averages of d a i l y f i g u r e s .




H.5(a)
Federal Funds t r a n s a c t i o n s of Major Reserve City Banks
f o r the Week Ended February 21, 1973
(In m i l l i o n s of d o l l a r s )

A.

8 banks In
New York Citv

38 banks o u t side New York

15,767
6,809

5,621
1,039

10,146
5,770

2,798
780

7,347
4,990

4,670

915

3,755

767

2,988

11,097

4,706

6,391

2,032

4,359

2,140

124

2,016

13

2,003

8,957

4,581

4,375

2,019

2,357

1,492

1,021

472

227

245

445

253

192

--

192

1,048

768

280

227

Interbank Federal funds
transactions
1.

Gross t r a n s a c t i o n s
a.
b.

Purchases
Sales

2.

Total 2-way t r a n s a c t i o n s If

3.

Total net t r a n s a c t i o n s
a.
b.
c.

Be

5 banks 33 other
i n Chicago banks

46 banks

Net purchases of net
buying banks
Net s a l e s of net
s e l l i n g banks
Net purchases or s a l e s
<-)

Related t r a n s a c t i o n s with
U. S. Government s e c u r i t i e s
dealers
1.

Loans to d e a l e r s 2/

2.

Borrowings from d e a l e r s 3/

3.

Net loans

1/
~

Derived rrorn aver age a t o t luaiviuuai. uoukb iw &
I n d i c a t e s extent t o which I t # weekly average purchases and s a l e s are o f f s e t t i n g ;
t h a t I s , I t I s the l e s s e r of the two amounts. Gross purchases l e e s 2-way t r a n s actions equals net purchases of net buying banks. S i m i l a r l y , gross s a l e s l e e s
2-way t r a n s a c t i o n s equals net sales of net s e l l i n g banks.

2/
~

Federal funds loaned, net funds supplied to each dealer by c l e a r i n g banks,
repurchase agreements (purchases of s e c u r i t i e s from d e a l e r s s u b j e c t to r e s a l e )
or other lending arrangements.

3/
~

Federal funds borrowed, net funds acquired from each dealer by c l e a r i n g banks,
r e v e r s e repurchase agreements ( s a l e s of s e c u r i t i e s to d e a l e r s s u b j e c t t o repurchase), r e s a l e agreements, and borrowings secured by Gov't, or o t h e r l e e u e s .

Note: — Averages of d a i l y f i g u r e s .




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