View original document

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

F E D E R A L

R E S E R V E

statistical

release
For immediate release
M a y 1, 1972

Reserve Positions of Major Reserve City Banks
Reserve Period Ended April 19, 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

33 other
5 banks
in Chicago banks
4

54

57

3

28

23

5

7,219

3,259

3,960

1,950

2,011

-7,301

-3,340

-3,962

-1,942

-2,019

52.6

60.5

47.3

143.8

28.8

7

5

- -

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

Net amount

b.

As per cent of average required reserves

1/

v -2/

r

f

Reserves held after all adjustments applicable to the reporting period including allowable
carry-over and deficiencies, less the sum of required reserves,
For details see Federal Funds Transactions of Major Reserve City Banks.

** Note: —

Averages of daily figures.

w
>
-x

*

IV

'I




H.5(a)

Federal Funds transactions of Major Reserve City Banks
for the Week Ended April 19, 1972
(In millions of dollars)

A.

8 banks in
New York Cltv

38 banks outside New York

5 banks
in Chicago

12,389
5,169

3,786
527

8,603
4,643

2,681
731

3,931

527

3,404

661

8,458

3,259

5,199

2,020

1,239

70

Interbank Federal funds
transactions
1•

Gross transactions
a.
b.

Purchases
Sales

2.

Total 2-way transactions 1J

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

(-)

1,239
7,219

3,259

3,960

1,950

1,570

1,055

515

212

525

46

479

1,045

1,009

36

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

Loans to dealers 2/

2.

Borrowings from dealers 3/

3.

Net loans

212

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.

Note: —

Averages of daily figures.