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L.5«6 COHFIDENTIAL (PR) • * r « s s " o r , ,CM Nppt 11 ^ April 5> 1963 1. toble Reserve Positions of Major Banks cK Library " B e s e r v e Period Ended March 27, 19°3 * (All dollar figures are daily averages, in millions) Reserve city banks 37 banks 45 reserve 8 Nev York city beaks 1 City banks outside NYC e i. Reserve excess or deficiency (-) • e 144 21 123 Four nonreserve . city banks,!/ -26 2. Less: Carry-over reserve deficiency 5 4 1 3- Less: Borrowings from Reserve Banks 160 35 125 8 k. Less: Net Federal funds purchases or sales (-) 2/ 432 590 -158 -177 -453 - 6o8 155 143 -5 -17 3 119 - - 5- Equals: Net basic e reserve surplus or deficit (-): a. In millions of dollars b. As per cent of average required e reserves l/ First half of reserve computation period. 2/ For details, see following table. L. 5.6(a) CONFIDENTIAL (FR) Table 2. Federal Funds Activity of Major Banks For the Week Ended March 27, 1963 (All figures are daily averages, in millions) Reserve city banks 45 reserve 0 New York 37 banks city banks City banks outside NYC lour noneeserre city banks Gross transactions: b. With, Government securities dealers: 1) Purchases 2) Sales ) Net purchases or sales (-) 2. actlonsg 1,642 1,004 981 446 661 558 10 181 638 535 103 -171 81 287 61 6 20 281 6 —2c6 55 754 428 326 l 969 6l4 355 9 537 24 513 186 432 590 -158 -177 1 ro a. With banks1: (1) Purchases (2) Sales (3) Net purchases or sales (-) -6 3- Total net transactions a. Net purchases of net buying banks b. Net sales of net selling banks c. Net purchases or sales (-) 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. Note that gross purchases ~~ in the bank and Government securities dealer categories less two-way transactions equals net purchases of net buying banks. Similarly, total gross sales less twoway transactions equals net sales of net selling banks. — Table 3 Dally Federal Funds Activity of Major Banks Week Ended March 27, 1963 (in millions of dollars) L.5.6(b) CONFIDENTIAL (FR) Reporting banks and date All respondents Mar. 21 22 25 26 27 ti NYC Banks Mar. 21 22 25 26 27 37 Reserve City Banks Outside NYC Mar. 21 22 25 26 27 4 Nonreserve City Banks Mar. 21 22 25 26 27 Effective rate [per cent) 2 7/8 3 3 3 3 Transactions with banks l7 Transactions with Government securities dealers Purchases Sales 1,648 1,715 1,503 1,499 1,762 1,282 1,167 1,026 1,131 1,371 62 126 55 38 35 969 1,068 879 850 956 503 429 294 395 642 42 106 34 18 15 678 630 608 649 795 613 550 541 558 549 20 20 21 20 20 *— «"» 16 16 — — 10 166 188 190 177 179 Purchases «- — — — - Sales Total transactions Net Net Net Two-way purchases sales of purchases or net trading of net sales buying selling 5/ (-) banks banks Borrowings from Reserve Banks 160 377 327 244 191 683 710 558 701 858 1,027 1,131 1,001 837 939 759 . 835 795 674 704 268 296 206 163 235 lol 235 334 120 10 15 10 10 422 4l6 295 377 468 589 758 618 490 503 91 13 14 27 183 498 745 6o4 463 320 50 20 74 150 366 3 CI 234 181 260 293 262 323 379 437 357 366 346 436 502 623 580 469 351 -65 -266 -214 -123 85 100 204 249 120 — — — — — — 166 199 201 177 169 -166 -183 -185 -177 -169 11 11 11 — — 11 11 - — — — — " — 10 16 16 - - - - - ~ - - l/ May include modest amounts of transactions with other than domestic commercial banks (e.g., foreign bank agencies, mutual savings banks). 2/ Each day's offsetting purchases and sales by the same bank. Note that gross purchases in the bank and Government securities dealer categories less two-way transactions equals net purchases of net buying banks. Similarly, total http://fraser.stlouisfed.org/ gros^ sales les ^two-way transactions eqpals net sa^s of net soling banks^ ^ Federal Reserve Bank of St. Louis
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