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FEDERAL DEPOSITS. RESERVE R t S E R V E S AND BORROWINGS OF MEMBER BANKS, FOR THE WEEKLY PERIOD ENDED 72 12 13 (AVERAGES OF DAILY F I G U R E S — I N MILLIONS OF DOLLARS CLASS OF BANK 3/ DEPOSITS 21)7,890 RESERVE CITY BANKS 2,707 53 19,037 48T JL11. H O S T ON <1> (2) (3) (4) DEMAND U t P u S l T S s u l H j t C T TO RESERVE REQUIREMENTS, I . E . , GROSS DEMAND D E P O S I T S MINUS CASH ITEMS IN PROCESS OF COLLECTION AND DEMANU BALANCES DUE FROM DOMESTIC HANKS. BEGINNING SEPTEMBEH 1 2 , l<#6d, BASED ON CLOSE OF BUSINESS FIGURFS FOR THE RESERVE PERIOD TWO WEEKS PREVIOUS TO REPORT DATE. AS OF NOVEMBER 9, 1972, THE DEFINITION OF RESERVE CITY AND COUNTRY BANKS WAS CHANGED (SEE FEDERAL RESERVE BULLETIN, JULY 1972, p . 6 2 6 ) . THE CLASSIFICATIONS EMPLOYED HERE ARE THE SAME AS PRIOR TO THE CHANGE IN DEFINITION SO THESE SERIES ARE CONTINUOUS OVER TIME. ADJUSTED TO INCLUDE $450 MILLION OF CERTAIN RESERVE DEFICIENCES ON WHICH PENALTIES CAN BE WAIVED FOR A TRANSITION PERIOD IN CONNECTION WITH BANK ADAPTATION TO REGULATION J AS AMENDED EFFECTIVE NOVEMBER 9 , 1972.
@FedFRASER