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L.5.6
CQHPIDBHTIAL (PR)

August 9, 1963

•I
Table 1.
Reserve Positions of Major Banks
Reserve Period Ended July 31, 1963
(All dollar figures are daily averages, in millions)
Reserve city bants
45 reserve
8 New York I 37 banks
citar banks City banks 1 outside NYC

Pour
aanreserve .
city banks!/

1. Reserve excess or
deficiency (-)

18

2. less: Carry-over
reserve deficiency

--

3. Less: Borrowings
from Reserve Banks

29

4. less: Net Federal
funds purchases or
sales (-) 2/

-63

50

-113

-h

52

-35

87

3

l

-1

2

4

15

-l

3

mm mm

29

mm mm

5. Equals: Net basic
reserve suxplus or
deficit (-):
a. In millions of
dollars
b. As per cent of
average required
reserves
•*./

J, J-A O V

AAO-JLJ*

VA

A CO'CJ, V C

VViUJLJUUCU 1/i.Ul

2/ For details, see following table.




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L.5.6(a)
CONFIDENTIAL (FR)

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Table 2.
Federal Funds Activity
of Major Banks
For the Week Ended July 31, 1963
(All figures are daily averages, in Millions)
Reserve city banks
45 reserve 0 New Yoik
37 banks
city banks City banks
outside NYC

Four
nonseeerre
oity banks

1. Gross transactions:
a. With banks^z
(1) Purchases
(2) Sales
(3) Net purchases or
sales (-)
b. With Government
securities dealers:
(l) Purchases
(2) Sales
(3) Net purchases or
sales (-)
2. Total two-way transactions2

1,254

677

577

26

627

23

-38

12

-50

3

46
71

46
8

63

7

-25

38

-63

-7

714

422

292

586

301

285

26

649

251

398

30

-63

50

-113

-4

1,292

665

— —

— -

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.