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1.6.2 ci CONFIDENTIAL (FR) y # DEC 81 December l4, 1962 u:h Table 1. Reserve Positions of Major Banks Reserve Period Ended November 21, 1962 (All dollar figures are daily averages, in millions) Reserve city banks 45 reserve 8 New York 37 banks city banks City banks outside NYC Four nanreserve . city banksi/ 1. Reserve excess or deficiency (-) 9 2. Less: Carry-over reserve deficiency 1 3. less: Borrowings from Reserve Banks 61 32 29 4. Less: Net Federal funds purchases or sales (-) 2/ 1,049 722 327 -132 -1,102 -748 -354 1.44 6 3 1 1.2 — — «. — 5. Equals: Net basic reserve surplus or deficit (-): a. In millions of dollars b. As per cent of average required reserves -13$ -22$ l/ First half of reserve computation period. 2/ For details, see following table. -7f» 131# I«.6.2(a) CONFIDENTIAL (FR) Table 2. Federal Funds Activity of Major Banks FortiieWeek Ended November 21, 1962 (All figures are daily averages, in Millions) Reserve city banks 45 reserve 0 New York 37 banks city banks City banks outside NSC Four noneeserve city banks 1. Gross transactions: a. With banks*: (1) Purchases (2) Sales (3) Net purchases or sales (-) b. With Government securities dealers: (1) Purchases (2) Sales (3) Net purchases or sales (-) 2. Total two-way transactions2 1,954 784 1,124 459 830 325 123 1,170 665 505 -123 97 218 63 6 34 212 9 -121 57 -173 - 9 744 465 279 1,307 722 585 3- Total net transactions a. Net purchases of net buying banks b. Net sales of net selling banks c . Net purchases or sales (-) 258 1,049 722 258 132 327 -132 l/ May Include modest amounts of transactions with other then 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. 1.6.2(b) Table 3 Dally Federal Funds Activity of Major B&. Week Ended November 21* 1952 (in mi llions of dollars) CONFIDENTIAL (FR) Reporting banks and date Transactions with banks l/ Effective rate (per cent) Purchases All respondents Nov. 15 16 19 20 21 O mro Banks" Nov. 15 16 19 20 21 37 Reserve City Banks Outside NYC Nov. 15 16 19 20 21 4 Nonreserve City Nov. 15 3 3 2 7/8 3JM. 1,878 Sales Transactions vith Government securities dealers Purchases 1,910 887 961 761 832 981 1* 106 1.185 1,126 1,020 1,057 504 485 424 325 497 70 89 4315 41 771 928 703 299 331 239 384 24 3d 31 30 30 2,114 1,830 1,7Q9 688 852 94 128 74 46 72 Sales 375 306 l4l 86 72 30 13 330 293 118 86 67 Total transactions Net Net Net Two-way purchases sales of purchases net trading of net or 2/ buying sales selling banks (-) banks 1, 1,497 532 522 1, 369 319 745 598 549 _oi 1,306 1,205 452 485 437 325 472 724 789 731 710 627 259 160 223 26l 707 574 495 621 517 710 975 1,002 836 929 642 789 731 710 602 351 365 197 247 159 166 342 377 248 462 Borrowings from Reserve Banks ie 78 98 50 75 1.8 28 23 78 84 19 99 -99 144 13 157 -157 19 10 97 107 -107 20 122 122 -122 21 130 135 _2 -ML NOTE: Details may not add to totals because of rounding! l/ May include modest amounts of transactions vith 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 1 securities dealer categories less two-way transactions equals net purchases of net buying banks. Similarly, total gross sales less two-way transactions equals net sales of net selling banks. http://fraser.stlouisfed.org/ 16 Federal Reserve Bank of St. Louis
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