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L-5-6 co#m*at tmkRV[ of July 8, 1963 Kansas o ,i!l ' 15 jc f. *** fesenr-L, l;t Table 1. Reserve Positions of Major Banks Reserve Period Ended June 26, 1963 (All dollar figures are daily averages, in millions) Reserve city banks 45 reserve 8 New York 37 banks city banks City banks outside NIC 1. Reserve excess or deficiency (-) 31 19 12 2. Less: Carry-over reserve deficiency 10 2 8 3. less: Borrowings from Reserve Banks 100 73 Less: Net Federal funds purchases or sales (-) 2/ 493 k. Four nonreserve . city banksi:/ -1 ( 1) — — ( —) 27 22 ( 22) 678 -185 -37 (-42) -572 -734 162 Ik ( 21) -6 -20 3 13 ( 20) 5. Equals: Net basic reserve surplus or deficit (-): a. In millions of dollars b. As per cent of average required reserves are those for the full reserve period. 2/ For details, see the following table. # Figures in parentheses * L.5-6(a) CONFIDENTIAL (FR) Table 2. Federal Funds Activity of Major Banks, For the Week Ended. June 26, 1963 (All figures are daily averages, in millions) Reserve city banks 4 5 reserve ti New Yoik 37 banks city banks City banks outside NIC four nouseserve c l i banks itr 1. Gross transactions: a. With banks'1": (l) 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 1,513 855 965 317 548 538 10 658 648 10 -33 34 199 ik -165 43 vm M 195 4 30 -195 -4 620 316 304 927 683 244 10 A34 5 429 47 493 678 -185 -37 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 9 equals net purchases of net buying banks. Similarly, total gross sales less twoway transactions equals net sales of net selling banks. # L.5.b(-b) Table 3 Daily Federal Funds Activity of Major Banks Week Ended June 26, 1963 (in m1.H1.ons of dollars) CQKFIDENTIAL (FR) Reporting banks and date Effective rate (per cent) Transactions vith banks 1/ 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 buying selling sales 2/ (-) banks banks Borrowings from Reserve Banks All respondents June 20 21 24 25 26 0 I C Banks TC June 20 21 - 2b 25 26 37 Reserve City Banks Outside NYC 3 3 3 2 3/4 3 1,399 1,5b5 1,719 l,44i 1,465 929 971 1,170 868 875 454 563 540 557 589 June 20 16 10 21 2b 25 26 937 1,001 962 28 40 23 20 711 4o 238 227 209 200 243 124 397 574 535 644 505 1,031 1, Oil 64l 572 666 1,000 330 562 256 670 758 39 5 15 10 199 325 264 351 243 719 686 928 373 28 325 259 501 245 4o 23 20 4o 1,206 818 686 928 538 673 165 256 555 517 12 390 439 540 66 130 22 22 357 100 661 212 -299 -203 -350 44 - June 20 21 24 . 25 26 4 Nonreserve City Banks 811 8 16 217 536 pnit 195 226 111 562 694 431 419 37 50 46 29 4? - - - 197 249 271 293 262 10 j 269 264 327 16 10 8 - 2 2 314 - - 16 619 365 267 -101 60 47 -31 -45 55 46 31 49 -38 -15 -49 8 126 22 22 22 22 1? 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 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/ A * * * # # # # + Federal Reserve Bankt St. Louis of
