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C0HFH3EHTIAL (PR) f £; , January 21, 1963 wfif Reserve Positions (pf Major Banks Reserve Period, Ended January! 9^31963 (All dollar figures are daily averages, ]# ^millions) 65 37 28 4 2. Less: Carry-over reserve deficiency l — — 1 3. less: Borrowings from Reserve Banks 17 *• — 17 8 4. Less: Met Federal funds purchases or sales (-) 2/ 1,178 7§5 413 I1 IP 1. Reserve excess or deficiency (-) Four aoareserve, . city banks*/ -728 -403 57 — ( 5) ( —) ( 10) 8 P Reserve city banks 45 reserve 8 Hew York 37 banks city banks City banks outside NYC 5. Equals: Net basic reserve surplus or deficit (-): a. In millions of dollars -1,131 b. As per cent of average required -1256 reserves -19# -7$ l/ Second half of reserve computation period. Figures in parentheses are those for the full reserve period. 2/ For details, see following table. ( 56) 49% ( W ) > L.5.6(a) CONFIDEHTIAL (FR) Table 2. Federal Funds Activity of Major Banks For the Week Ended January 9, 1963 (All figures are daily averages, in millions) Reserve city banks 45 reserve ti New York 37 banks city banks City banks outside NIC lour non*esftrre city banks 1. Gross transactions: 2. .tRs-mr tstasr agt&9qaZ 1,144 46o 862 274 43 1,272 684 588 -28 101 20 70 245 33 1 b. With Government securities dealers: (1) Purchases (2) Sales (3) Net purchases or sales (-) 2,006 734 rH OJ a. With banks1: (1) Purchases (2) Sales (3) Net purchases or sales (-) 81 -175 -33 775 424 351 """" 1,402 821 581 15 224 56 168 76 1,178 765 413 -61 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. » • »ft=3 * Daily Federal Funds Activity of Major Banks Week Ended January 9, 1963 (in millions of dollars) L.5.6(b) CONFIDENTIAL (FR) \ Reporting banks and date All respondents Jan. 3 4 7 8 9 0 NYC Banks Jan. 3 4 7 8 9 37 Reserve City Banks Outside NYC Jan. 3 4 7 8 9 4 Nonreserve City Banks Jan. 3 4 7 8 9 Transactions with hanks l/ Effective rate [per cent) 2 7/8 3 3 , 2 1/2 2 Purchases Sales Transactions with Government securities dealers Purchases Sales Total transactions Net Net Net Two-way purchases sales of purchases net or trading of net sales buying selling 2/ (-) banks banks 1,980 2, l4l 1,999 1,766 1,953 711 796 715 676 9b8 203 236 io4 94 84 328 331 266 275 220 656 739 660 716 705 1,527 1,637 1,443 1,143 1,332 382 387 320 235 463 1,145 1,250 1,123 908 869 1,153 1,203 1,162 95% 1,120 327 482 350 437 658 105 167 36 26 38 40 20 15 21 353 422 334 412 535 904 948 864 567 622 13 80 30 24 144 891 868 834 543 478 813 924 822 797 818 288 273 354 209 243 98 68 68 68 46 278 265 216 244 179 303 317 326 304 170 608 675 565 561 694 263 222 244 150 252 345 453 321 4ll 442 14 l4 14 14 1? 96 40 10 30 46 14 l4 l4 14 15 106 85 45 61 66 -92 -71 -31 -47 -51 - «w mm — — — — — — — 10 45 35 31 20 •» •» — — — — - — - - Borrowings from Reserve Banks — — 48 *» w 20 15 — — mm mm mm mm mm mm mm mm mm 40 — —• — — — — mm mm 8 — — 20 15 l/ May include modest amounts of transactions with other than domestic commercial hanks (e.g., foreign hank agencies, mutual savings hanks). 2/ Each day's offsetting purchases and sales hy the same hank. 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 Digitized^for FRASER http://fraser.stlouisfed.org/ gross sales less two-way transactions equals net sales of net selling hanks. Federal Reserve Bank of St. Louis
@FedFRASER