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CONFIDENTIAL (FR)

c

,

July 8, 1964

' ,

Ba

U"

%

/si
/ . liable 1.
*
ReseWe^PopMlpns of Major Banks
Reserve Period E f l i June 24, 1964
nff.
'£&Qrc£

'

(All dollar figures are dally averages, In millions)
Reserve city banks
45 reserve 8 New York
37 banks
city banks City banks
outside NYC
1. Reserve excess or
deficiency (-)

63

2. Less: Carry-over
reserve deficiency
3• Less: Borrowings
from Reserve Banks
4. Less: Net Federal
funds purchases or
sales (-) 2/

32

4

4

- -

21

15

31

54

Four
nanreserve .
city banks 1/
- 1 ( 2 )

- ( -)
7

( 4)

SiL

152

i (-70)
.

-735

-556

-179

54 ( 63)

-8

-15

-3

m

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.
are those for the full reserve period.
2/ For details, see the following table.




Figures in parentheses

49

( 61)

JL.5.o(a)
gQNFIDEMTIAL (FR)

Table 2.
Federal Funds Activity
of Major Banks
For the Week Ended June 24, 1964
(All figures are daily averages, in millions)
Reserve city banks
45 reserve 0 New York
37 banks
city banks City banks
outside NYC

Four
nonseserre
city banks

1. Gross transactions:
a. With b n s * :
ak""
(1) Purchases
(2) Sales
(3) Net purchases or
sales (-)

,

b. With Government
securities dealers:
(l) Purchases
(2) Sales
(3) Net purchases or
sales (-)

2. Total two-way transactions

1,845
1,031

1,012
48l

833
550

13
70

8l4

531

283

-57

42
137

42
6

0—
131

5

-95

36

-131

-5

945

487

458

- -

942

567

375

13

223

75

152

-62

—

3• Total net transactions

,

a. Net purchases of
net buying banks
b. Net sales of net
selling banks
c. Net purchases or
sales (-)

223
719

- -

567

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.



L.5.6(b)

Table 3
Dally Federal Funds Activity of Major Banks
Week Ended June 24, 1964
(in millions of dollars)

CONFIDENTIAL (FR)

Reporting
banks
and
date

Transactions with
banks l/

Effective
rate

Transactions
with Government
securities
dealers

Total transactions
Net
Net
Net
Two-way purchases sales of purchases
net
trading of net
or
2/
buying selling
sales
banks
banks
(-)

Borrowings
from
Reserve
Banks

Purchases

Sales

Purchases

Sales

1,482
1,797
2,002
2,125
2,00?

637
924
1,334
1,499
1,467

22
72
10
32
15

177
131
146
118
162

456
745
783
1,117
1,089

1,048
1,123
1,229
l,o4o
933

357
309
697
499
539

691
8l4
532
541
394

June 18
19
22
23
24

908
959
1,072
1,120
1,106

213
466
436
688
631

22
72
10
32
15

20
20

213
444
4l6
646
562

717
587
666
506
560

22
19
61
88

717
565
647
445
472

June 18
19
22
23
24

564
826
904
990
893

361
383
825
749
767

167
125
140
98
142

243
302
367
471
527

321
524
537
520
365

284
205
598
375
381

37
319
-61
145
-16

64
86
35
20
1

June 18
19
22
23
24

10
12
25
15
8

63
75
73
62

10
12
25
15
8

72
80
78
61
68

-62
-68
-53
-46
—60

5
5
9
9
9

All respondents
June I s
t
19
22
23
24

0 NYC Banks

(per cent)

3
3
3
3
3

1/2
1/2
1/2
1/2
1/2

37 Reserve City
Banks Outside NYC

4 Nonreserve City
Banks

v /4
% \*

4^
-

— —

"

10
6
6

69
l4i
44
29
20
,
50

l/ May include modest amounts of transactions with other than domestic camaercial hanks (e.g., foreign hank agencies,
mutual savings hanks).
2/ Each day's offsetting purchases and sales by the same bank. Note that gross purchases in the bank and Government
Digitized> ^securities dealer categories less two-way transactions equals net purchases of net Trying banks. Similarly, total
for FRASER
http://fraser.stlouisfed.org/
gro^ sales les^ two-way transactions e^ials net sa^s of net ^ i H n g "hanV^
^
Federal Reserve Bank of St. Louis