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L.5.6
CONFIDENTIAL (FR)

February 13; 19^3

Table 1.
Reserve Positions of Major Banks
Reserve Period Ended January 30, 1963
(All dollar figures are daily averages, in millions)
Reserve city banks
37 tanks
45 reserve 8 New York
outside N P
3C
city banks City banks
1. Reserve excess or
deficiency (-)

21

10

2. Less: Carry-over
reserve deficiency

1

1

3. Less: Borrowings
from Reserve Banks

25

Four
nmreserve .
city banks.!/

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

— —

11

- 7

25

•»«*

to

167

246

7

-4l8

-158

-260

-l4

-4

-4

-5

-13

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

l/ First half of reserve computation period.
2/ For details, see following table,




' a r t .
;V

•

V'3

L.5.6(a)
CONFIDENTIAL (FR)

Table 2.
Federal Funds Activity
of Major Banks
For the Week Ended January 30, 1963
(All figures are daily averages, in millions)
Reserve city banks
37 banks
4$ reserve H New York
outside NYC
city "banks City "banks

Four
noneeserve
city banks

1. Gross transactions:
)

I

>

a. With banks1:
(1) Purchases
(2) Sales
(3) Net purchases or
sales (-)
b. With Government
securities dealers:
(1) Purchases
(2) Sales
(3) Set purchases or
sales (-)

2. Total two-way transactions^

1,548
1,057

839
717

709
340

14
1

491

122

369

13

56
134

56
11

123

6

-78

45

-123

-6

907

670

237

697

225

472

14
,

284

58

226

7

413

16
,7

246

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.



Table3
Dally Federal Funds Activity of Major Banks
Week Ended January 30, 1963
(in millions of dollars)

L.5-6(TD)
CONFIDENTIAL (gR)

Reporting
banks
and.
date
All respondents
Jan. 24
25
28
29
30
0 NYC Banks
Jan. 24
25
28
29
30
37 Reserve City
Banks Outside NYC
Jan. 24
25
28
29
30
4 Nonreserve City
Banks •
Jan. 24
25
28
29
30

Transactions with
banks l/
Effective
rate

Total transactions
Net
Net
Net
Two-way purchases sales of purchases
net
or
trading of net
sales
buying selling
5/
(-)
banks
banks

Sales

Purchases

Sales

1,670
1,516
1, 420
1, 513
1,774

1,047
1,005
1,047
1,073
1,229

66
84
29
25
21

168
151
155
139
65

884
780
691
759
984

851
820
758
778
810

330
376
511
453
310

521
444
247
325
500

831
868
704
770
962

790
647
828
759
703

66
84
29
25
21

30
8
10
10
5

743
590
560
616
699

154
362
173
178
283

76
65
277
152
9

78
297
-104
26
274

838
632
699
727
795

257
358
214
314
525

126
138
l4o
121
55

l4l
190
130
142
284

697
44l
568
584
511

241
306
224
293
296

456
135
344
291
215

12
4
9
7
5

-12
12
7
9
11

Purchases

3
3
2 7/8
3
3

Transactions
•with Government
securities
dealers

16
16
16
16

<•»
— «•»
— —

— —
— —

w O-

m*wm

4

— —

— —»

12
4
4
7
5

«»
•
€> W
•

— <=
«. es

00 am

16
16
16
16

Borrowings
from
Reserve
Banks

43
13
5
30
57
— —

ooo.
—

43

13
5
30
57
am tm

— —

B
e

"
~

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