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<4 fEDEr;: 1.5.6 ' of • CONFIDENTIAL (FR) JIT RB6ERVE B A N K June 23, 1964 M S A S CiTY 1SC4 Resen"~h fjkr^ry Table 1. Reserve Positions of Major Banks Reserve Period Ended June 10, 1964 (All dollar figures are daily averages, in millions) Reserve city banks 37 banks 8 New York 45 reserve outside NYC City banks city banks 1. Reserve excess or deficiency (-) Four nonreserve . city banksi/ -2 ( 1) 4i 22 19 Less: Carry-over reserve deficiency 13 7 6 ( -) - 3. Less: Borrowings from Reserve Banks 90 16 74 ( —) 4. Less: Net Federal funds purchases or sales (-) 2/ 265 203 62 -90 -327 -204 -123 88 ( 96) -4 -6 78 ( 85) 2. (-95) 5. Equals: Net basic reserve surplus or deficit (-): a. In millions of dollars b. As per cent of average required reserves -2 l/ Second half of reserve computation period. Figures in parentheses are those for the full reserve period. 2/ For details, see the following table. L.5.6(a) CONFIDENTIAL (FR) Table 2. Federal Funds Activity of Major Banks For the Week Ended June 10, 1964 (All figures are daily averages, in millions) Reserve city banks 45 reserve 8 New York 37 banks city banks City banks outside NYC @1 Gross transactions: • a. With banks"1-: (l) Purchases (2) Sales (3) Net purchases or sales (-) Four nonreserve city batiks b. # 2. #3' Total two-way transactions2 799 632 830 635 7 97 362 167 195 -90 38 135 38 2 133 ~ - -97 36 -133 - - 943 555 388 3 724 282 442 4 459 79 380 94 265 203 62 -90 - - - - Total net transactions a. b. • With Government securities dealers: (l) Purchases (2) Sales (3) Net purchases or sales (-) 1,629 1,26? c. Net purchases of net buying banks Net sales of net selling banks Net purchases or sales (-) ll/ 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. t.5.6(b) # # * Tabled Daily Federal Funds Activity of Major Banks Week Ended June 10, 1964 (in millions of dollars) # CONFIDENTIAL (FR) Transactions with banks l/ Reporting banks and date All respondents June 4 5 8 9 10 ti NYC Banks June 4 5 8 9 10 37 Reserve City Banks Outside NYC June 4 5 8 9 10 4 Nonreserve City Banks June 4 5 8 9 10 Effective rate (per 3 3 3 3 3 cent)Purchases 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 trading of net buying selling sales i/ banks banks (-) Borrowings from Reserve Banks 1,223 1,569 1,731 2,008 1,787 1,016 1,284 1,635 1,742 1,311 16 60 46 26 238 150 6l 51 148 662 819 968 1,078 967 576 810 809 956 820 590 6l4 727 714 492 -14 196 82 242 328 86 93 120 30 ll4 587 756 813 952 976 448 631 698 894 495 16 60 46 26 l4 382 525 572 6l4 495 222 291 287 364 482 79 106 125 279 143 185 162 85 482 69 628 803 913 1,052 811 459 553 831 7^1 764 281 294 397 464 472 347 509 517 588 339 402 407 494 327 439 -55 102 23 261 -100 86 93 51 30 71 108 99 106 106 52 -101 -89 -101 -102 -52 7 10 5 4 109 ' 100 107 107 53 - - 224 150 61 51 148 - - - - 7 10 5 4 k l 43 - - 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 http://fraser.stlouisfed.org/ gross sales Federal Reserve Bank of St. Louisless two-way transactions equals net sales of net selling banks.
