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# ULv i d CONFIDENTIAL (FR) : December 9# 19&3 - P.e$earch library Table 1. Reserve Positions of Major Banks Reserve Period Ended November 27, 1963 # (All dollar figures are daily averages, in millions) Reserve city banks 37 banks 8 New York 45 reserve outside NYC City banks city banks # 1. Reserve excess or deficiency (-) Four nonreserve . city banks!/ • • + 19 9 - 5 ( 1) Less: Carry-over reserve deficiency 4 2 2 - - ( «) 3. # 28 Less: Borrowings from Reserve Banks 61 3 58 8 ( 7) 4. Less: Net Federal funds purchases or sales (-) 2/ 409 166 243 -99 -446 -152 -294 86 ( 95) -5 -4 -6 71 ( 80) 2. (-101) 5. Equals: Net basic reserve surplus or deficit (-): a. In millions of dollars b. As per cent of average required reserves l/ Second half of reserve computation period. Figures in parentheses are those for the full reserve period. 2/ For details, see following table. 1.5.6(a) # lOKFIDEHTIAL (FR) Table 2. Federal Funds Activity of Major Banks For the Weak Ended. November 27, 1963 (All figures are dally averages, In millions) Reserve city banks 45 reserve ti New York 37 banks City banks outside NYC city banks 1. Four nonseserve city batiks Gross transactions: a. With banks1: (l) Purchases (2) Sales (3) Net purchases or sales (-) b. With Government securities dealers: (l) Purchases (2) Sales (3) Net purchases or sales (-) 2. l o M "tfWS-vay transactions2 2, (AO 1,596 898 750 1,142 846 4 92 444 148 296 -88 27 62 27 9 -35 — - - - 53 11 18 -53 -11 1,169 659 510 3 898 266 632 1 489 100 389 100 409 166 243 -99 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. • • Tab# 3 # Dally Federal Funds Activity of Major Banks Week Ended November 27, 1963 (in millions of dollars) ••L.5.6(T>) S CONFIDENTIAL (FR) Reporting banks and date Effective rate (per cent)Purchases 1/2 1/2 1/2 1/2 1/2 Sales Purchases Sales 2,146 1,970 1,871 2,248 2,139 1,644 1,647 1,586 1,853 1,793 18 33 33 154 38 19 954 849 849 980 958 843 659 659 857 913 18 33 33 1,192 1,120 1,021 1,238 1,181 691 894 833 911 806 38 % 85 75 30 24 10 u 109 " 17 9 110 30 % 57 - - 15 12 12 16 Total transactions Net Net Net Two-way purchases sales of purchases or net trading of net sales buying selling 2/ (-) banks banks Borrowings from Reserve Banks 1,016 1,034 920 1,071 1,077 650 746 677 732 711 366 288 243 339 366 9 22 37 105 265 784 533 533 652 693 188 349 349 328 304 88 125 125 228 229 100 224 224 100 75 22 364 436 450 525 407 828 685 571 713 774 435 514 446 402 4o6 393 171 125 311 368 15 30 94 237 124 105 105 100 74 -124 -105 -105 H H 3 3 3 3 3 Transactions with Government securities dealers H All respondents Nov, 21 22 25 26 27 ti NYC Banks Nov. 21 22 25 26 27 37 Reserve City Banks Outside NYC Nov. 21 22 25 26 27 4 Nonreserve City Banks Nov. 21 22 25 26 27 Transactions with banks 1/ - - 30 -74 9 7 7 11 6 l/ ||ay 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 bank and Government 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/ — Federal Reserve Bank of St. Louis
