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FEDERAL

inn

statistical

' • f^AL Rt^ • - '

RESERVE
release
For immediate r e l e a s e
May 4 , 1973

H. 5

Reserve P o s i t i o n s of Major Reserve C i t y Banks
Reserve Period Ended A p r i l 2 5 , 1973
n m i l l i o n s of d o l l a r s u n l e s s o t h e r w i s e n o t e d )
^

.RESEkVE-S^
46 banks

8 banks i n
New York C i t y

38 banks o u t s i d e New York

Peserve e x c e s s or d e f i c i e n c y ( - ) 1/

226

134

92

Less:

389

21

368

9,137

2,504

-9,300

66. 6

Borrowings from Reserve Banks

Less: Net i n t e r b a n k Federal funds
purchases or sal,es ( - ) 2 /

33 o t h e r
5 banks
i n Chicago banks
73

19
-

368

6,632

2,141

4,491

-2,392

-6,908

-2,122

-4,786

42.6

82.7

149.7

69.0

-

Equals: Net b a s i c r e s e r v e s u r p l u s
or d e f i c i t ( - ) :
a.

Net amount

be

As per cent o f average r e quired r e s e r v e s

1/

Reserves held a f t e r a l l adjustments a p p l i c a b l e to the r e p o r t i n g p e r i o d i n c l u d i n g a l l o w a b l e
c a r r y - o v e r 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 s e e Federal Funds Transactions of Major Reserve C i t y 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 C i t y Banks
f o r the Week Ended A p r i l 25, 1973
( I n m i l l i o n s of d o l l a r s )

46 banks
A.

38 banks o u t s i d e New York

5 banks 33 o t h e r
i n Chicago banks

Interbank Federal funds
transactions
1.

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

Purchases
Sales

2.

T o t a l 2-way t r a n s a c t i o n s 1 /

3.

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

B.

8 banks i n
New York C i t v

Net p u r c h a s e s o f n e t
buying banks
Net s a l e s o f n e t
s e l l i n g banks
Net purchases or s a l e s

(-)

14,695
5,558

4,001
1,497

10,694
4,061

2,876
735

7,818
3,327

4,679

1,391

3,289

722

2,567

10,016

2,611

7,405

2,154

5,251

878

106

772

13

759

9,137

2,505

6,633

2,141

4,491

1,663

892

771

238

533

433

268

165

35

130

1,230

624

607

203

403

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 t o d e a l e r s 2 /

2.

Borrowings from d e a l e r s 3/

3.

Net l o a n s

1/

Derived from a v e r a g e s f o r i n d i v i d u a l banks f o r e n t i r e week. Figure f o r each bank
i n d i c a t e s e x t e n t t o which i t s weekly average p u r c h a s e s 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 o f t h e two amounts. Gross purchases l e s s 2-way t r a n s a c t i o n s e q u a l s n e t p u r c h a s e s of n e t buying banks. S i m i l a r l y , g r o s s s a l e s l e s s
2-way t r a n s a c t i o n s e q u a l s n e t s a l e s of n e t s e l l i n g banks.

2/

Federal funds l o a n e d , n e t funds s u p p l i e d t o each d e a l e r by c l e a r i n g banks,
repurchase agreements ( p u r c h a s e s 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 t o r e s a l e )
or o t h e r l e n d i n g arrangements.

3/

Federal funds borrowed, n e t funds acquired from each d e a l e r by c l e a r i n g banks,
r e v e r s e repurchase agreements ( s a l e s o f 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 r e p u r c h a s e ) , r e s a l e agreements, and borrowings secured by G o v ' t , or o t h e r i s s u e s .

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