View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

#
L.5 »6
COHFIDEKFIAL (FR)

June l4, 1963

FEDERAL RESERVE B A N K
of K A N S A S C n ^
JUN 2 1
—

3

M m
Resenre

Period Ended June 5, 1963

ResearcfU&libteZtex figures are dally averages, in millions)
Reserve city banks
37 teaks
i 5 reserve 8 New York
t
outside NYC
city banks City banks

#
1. Reserve excess or
deficiency (-)

#

£ Major B ^ .

l4

9

2. Less: Carry-over
reserve deficiency

5

Four
nanreserve .
city bankfll/
-1

—

- -

—

3. less: Borrowings
from Reserve Banks

#

e

#

60

11

49

10

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

122

271

-l4i

zlk

-176

-273

97

65

-2

-7

l

55

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

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




L. 5-6(a)
•COKFIDEHTIAL (FR)

Table 2.
Federal Funds Activity
of Major Banks
For the Week Ended June 5, 1963
(All figures are daily averages, in Millions)
Reserve city banks
37 banks
*5 reserve 9 New York
outside NIC
city banks City banks
1. Gross transactions:
1
a. With banks :
(l) Purchases
(2) Sales
(3) Net purchases or
sales (-)

1

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

2. iota! # s - ^ r tr&qsactionsZ

Four
nonseserre
city banks

1,317
1,101

753
512

564
589

17
93

216

24l

-25

-76

57
1U3

33
3

24
]>0

-86

30

-116

785

437

348

7

589

3U9

240

10

459

78

381

86

130

271

-l4l

-76

- -

- -

3. Total net trans1
actions

1

#

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.




Table 3
Dally Federal Funds Activity of Major Banks
Week Ended June 5, 1963
(in millions of dollars)

L-5 - 6 T )
(d

CONFIDENTIAL (FR)

Reporting
banks
and
date

All respondents
May 30
31
June 3
4
5
0 NYC Banks
May 30
31
June 3
4
5
37 Reserve City
Banks Outside NXC
May 30
31
June 3
4
5
4 Nonreserve City
Banks
May 30
31
June 3
4
5

Transactions with
banks l/
Effective
rate

Transactions

with Government
securities
dealers

(per cent)

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

Borrowings
from
Reserve
Banks

Purchases

Sales

1,162
1,155
1,081
1,237
1,422

36
62
57
50
60

44
218
151
85 '
66

730
696
455
592
931

668
645
828
777
722

475
677
778
730
558

193
-32
50
47
164

42
4l
199
82
45

8l4
TOO
707
735 .
908

493
510
380
525
656

10
38
36
27
37

5
10
3
1

44l
386
284
326
531

382
352
459
436
415

57
124
105
202
126

325
228
354
2^4

10
50

533
564
504
584
634

606
533
620
616
680

26
24
21
22
23

36
218
l4i
82
65

289
309
170
266
350

270
278
355
340
307

353
44l
592
433
396

-83
-163
-237
-93
-89

24
21
129
82
45

14
14
14

62
112
80
95

14
l4
14

65
112
80
95
36

-51
-98
-66
-95

18
10
20

Purchases

3
3
3
3
3

Total transactions

1,362
1,279
1,226
1,319
1,592

*

«»
*

50

Sales

86

— —

3

- -

« > <—
•

— —

— —

— —

— —

•— —

— —

- -

- —

—

— —

50

— —

289

—

- - -

- -

-36

1/ May include 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/
gros^bales
#
§
§
Federal Reserve Bank of St. Louis less #wo-way traductions eqdfcls net sal# of net setting banks .#