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# 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 .#
