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L.5.6(a)

CONFIDENTIAL (FR)

Table 2.
Pectoral Funds Activity
of Major Banks

For the Weak Ended August 14, 1963

(All figures are daily averages, In millions)
Reserve city banks
45 reserve ti New Yoik
37 banks
city banks City banks
outside NIC

lour
nonseserve
city banks

1. Gross transactions:
I

)

a. With banks*1":
(1) Purchases
(2) Sales
(3) Net purchases or
sales (-)
b. With Government
securities dealers:
(1) Purchases
(2) Sales
(3) Net purchases or
sales (-)

I
2. Total twn-«AT
actions2

1,534
1,234

848
559

686
675

34
115

300

289

11

-81

29
72

29
6

66

-43

23

-66

698

470

228

865

407

458

34

608

95

513

115

257

312

-55

-81

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/ Each 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
(in millions of dollars)

L.5-6(b)

CQKFIDEHTIAL (PR)

Reporting
banks
and
date
All respondents
Aug.

e

9
12
13

14

0 m c Banks

Transactions with
banks l/

Effective
rate
(per cenl)

3
3
3
3
3

Purchases

Sales

Purchases

1,370
1,472
1,772
1,714

1,149
1,273
1,550
l,4i4
1,520

17
30
4l
13
46

359
503

17
30
4l
13
46

1/2
1/2
1/2
3/8
3/8

1,698

Aug. 8
9
12
13
14

757
817

37 Reserve City
Banks Outside NYC
Aug. ti
9
12
13
14

990
995
743

706

613
625

652
629

738

733

670
906

1 Nonreserve City
Banks

8
9
12
13
14
HAflW. fw.-t-.-l la rno-uWA+.

Transactions
with Government
securities
dealers

Aug.

543
799

- -

819

639

Sales

89
68

82
100
24
3
20
10
89
65
82
80
l4

Total transactions
Net
Net
Net
Two-way purchases sales of purchases
net
or
trading of net
sales
selling
buying
5/
(-)
banks
banks
458
587
744
712
862

1,069

297
425
488
487
502

477
421
543
521
287

162
162
256

451
463
481
444
545

226
361

929
914
1,015
882

138

+/

30
45
50
50

l4l
110
52
82
nf 1nrnin^'fnff.

*

«"»

30
45
50

Borrowings
from
Reserve
Banks

779
753
886
800
681

150
215
201

28

62
80

415
341

220
160

, 217
75
306
578
531
558
672

292

137
140
109

51

81

161
183

371
290

326

446
-19
-127

-68
-77
-228
253
-137
-110
-64
-1
-31

151
130
28

- -

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/
gross
sales
Federal Reserve
Bank of St.
Louis less two-way transactions equals net sales of net selling banks.