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-l-5.6 mjtmj-i w m m v i bank June 2, 1964 iCONFIDENTIAL (PR) ©f K A N 5 >$ CI! f Jim 8 1964 — Research Library^le lf Reserve Positions of Major Banks Reserve Period Ended May 20, 1964 (All dollar figures are daily averages, in millions) Reserve city banks 4-5 reserve 8 New York 37 banks city banks City banks outside NIC • 1. Reserve excess or deficiency (-) • • • — ™ 18 -1 2. Less: Carry-over reserve deficiency 1 Less: Borrowings from Reserve Banks 104 4l 63 4. Less: Net Federal funds purchases or sales (-) 2/ 77 105 —28 -122 -164 -146 -18 121 -2 -4 3- • 18 Four noareserve . city banksjb/ 1 " — — 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. 106 L. 5-6(a) CONFIDENTIAL (FR) Table 2. Federal Funds Activity of Major Banks For the Week Ended May 20, 1964 (All figures are daily averages, in millions) Reserve city banks 45 reserve 6 New York 37 banks city banks City banks outside NIC 1. Gross transactions: b. With Government securities dealers: (l) Purchases (2) Sales (3) Net purchases or sales (-) 2. Total two-way transactions 1,540 1,240 743 661 797 579 112 300 82 218 -112 37 2 6 0 37 14 246 - 2 2 3 23 -246 1,004 6o4 400 — — 573 176 397 — — 496 71 425 122 CO CXJ 1 a. With banks"1-: (1) Purchases (2) Sales (3) Net purchases or sales (-) 3. Four nonseserve city banks -122 - - — — - - 1 0 -10 Total net transactions a. Net purchases of net buying banks b. Net sales of net seining banks c. Net purchases or sales (-) 77 1 0 5 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 Daily Federal Funds Activity of Major Banks Week Ended May 20, 1964 (in millions of dollars) L.5.6(b) CONFIDENTIAL (FR) Reporting banks and date All respondents May 14 15 18 19 20 0 NYC Banks May 14 15 18 19 20 37 Reserve City Banks Outside NYC May 14 15 18 19 20 4 Nonreserve City Banks May 14 15 18 19 20 Transactions with banks 1/ Effective rate (per cent]Purchases 3 3 3 3 3 1/2 1/2 1/2 1/2 1/2 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 5/ (-) banks banks 1,405 l,4l4 1,759 1,750 1,619 i,4oo 1,185 1,703 1,552 1,254 39 52 8 27 30 377 340 269 133 96 795 821 883 816 824 649 645 883 961 824 981 703 1,088 867 525 -332 -58 -205 94 299 626 727 808 757 828 675 611 913 720 486 39 52 8 27 30 20 20 3 5 12 443 470 507 465 394 222 308 309 319 464 251 160 409 259 103 -29 148 -100 60 361 780 688 951 994 791 641 452 659 735 660 —« • » —— 342 307 253 128 84 352 351 377 351 431 427 337 575 642 360 629 407 535 510 312 -202 -70 4o 132 48 85 122 131 97 108 —— —— 99 134 143 96 107 -99 -134 -143 —96 -107 — «® — «• — — — M - - — «- —— 15 13 13 — — —' -» «o_ - - - - —— —— —— - - •* — — Borrowings from Reserve Banks — — 92 121 333 — °°° — — - - 75 213 — == * 92 46 120 — - —— "— • • l/ 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 gross sales less two-way transactions equals net sales of net selling banks. http://fraser.stlouisfed.org/ > Federal Reserve Bank of St. Louis
