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FEDERAL RESERVE BANK of KANSAS CITY 1-5.6 COMTDEHTIAL (PR) MAY 2 1963 April 26, 1963 — Research Library — Table 1. Reserve Positions of Major Banks Reserve Period Ended April 17, 1963 (All dollar figures are daily averages, in millions) Reserve city bants 45 reserve 8 New York 37 tanks city banks City banks outside NYC 1. Reserve excess or deficiency (-) Pour aonreserve. . city banks!/ 64 34 30 9 2. Less; Garry-over reserve deficiency 4 3 l 3. less: Borrowings from Reserve Banks .65 22 43 4. Less: Net Federal funds purchases or sales (-) 2/ 612 664 -52 -112 (-71) -617 -655 38 121 ( 75) -7 -18 115 ( 20) -- ( 4) ( --) ( --) 5. Equals: Net basic reserve surplus or deficit ( - ) : a. In millions of dollars b. As per cent of average required reserves if Second half of reserve computation period. are those for the f u l l reserve period. 2/ For d e t a i l s s e e following table. Figures in parentheses L«5 -6(a) CONFIDENTIAL (FB) Table 2. Federal Funds Activity of Major Banks For the Week Ended April 17, 1963 # (All figures are daily averages, in millions) Reserve city banks 45 reserve 0 New York 37 banks city banks City banks outside NIC # lour nonaseserre city banks 1. Gross transactions: • • a. With banks*: (1) Purchases (2) Sales (3) Net purchases or sales (-) b. With Government securities dealers: (1) Purchases (21 Sales (3) Net purchases or sales (-) • 2. Total two-way transaction 1,868 1,121 1,146 496 722 625 93 747 650 97 -93 22 157 • 21 7 1 150 -135 Ih -149 775 503 272 1,115 664 451 - — - - 19 -19 3- Total net transactions ^ a. Net purchases of net buying banks b. Net sales of net selling banks c. Net purchases or sales (-) 503 612 664 503 112 -52 -112 _l/ May include modest amounts of transactions with other than domestic commercial banks (e.g., foreign bank agencies, mutual savings banks). 2/ Bach week's offsetting purchases and sales by the same bank. Bote that gross purchases ~ in the bank and Government securities dealer categories less two-way transactions equals net purchases of net buying banks. Similarly, t o t a l gross sales less twoway transactions equals net sales of net selling banks. f . 5- 6(b) • • • teble* • Daily Federal Funds Activity of Major Banks Week Ended April 17, 1963 (in millions of dollars) C0RFIDEHTIA1 (FR) Reporting banks and date Effective rate (per cent) Transactions Transactions with. banks 1 / Purchases with Government securities dealers Sales Purchases Sales All respondents Apr. 11 12 15 16 1,517 1,953 1,630 2,351 1,712 924 1,227 1,006 1,712 1,188 13 16 15 50 27 Apr. 11 12 15 16 17 906 1,263 9%5 1,427 949 252 497 522 613 594 12 15 13 50 27 Apr. 11 12 15 16 17 610 689 685 924 763 654 712 442 651 498 1 1 1 ti HXD Banks 37 Reserve City Banks Outside foflC 4- Nonreserve City Banks Apr. 11 12 15 16 17 3 3 3 3 /t 2 1/4 —— - —— - - —— —— 18 18 4l 447 - *• — — «=• . 166 163 251 216 107 —* — — 15 35 — — 146 143 211 161 97 20 20 25 20 10 Total transactions Net Net Net Two-way purchases sales of purchases trading of net net or 2/ buying selling sales (-) banks banks 485 746 602 8 99 783 1,045 1,223 1,043 1,502 956 250 497 434 607 516 668 781 524 .871 459 234 249 167 292 266 376 441 518 631 496 *»«— cm «*» — ~» c*» am => « • —— ma cm __ Borrowings from Reserve Banks 606 644 655 1,028 512 439 579 388 474 444 168 63 70 20 9 2 100 103 41 78 666 781 421 830 381 566 606 486 519 329 -190 -165 32 112 167 68 38 38 66 467 105 -38 -38 -66 -467 -105 o» ~ mm •» 55 «— mm 63 15 20 9 MI an em cm mm — «"• *"* - - l / May Include modest amounts of transactions with other than domestic commercial banks (e.g., foreign bank agencies, mutual savings banks). 2/ Bach day's offsetting purchases and sales by the same bank. Note that gross purchases in the "h*wiir Government dealer categories less two-way transactions equals net purchases of net buying banks. Similarly, t o t a l Digitized securities for FRASER http://fraser.stlouisfed.org/ gross sales less two-way transactions equals net sales of net selling banks. Federal Reserve Bank of St. Louis