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CONFIDENTIAL (FR)

June 28, 1963

FEDERAL RESERVE B A N K
of K A N S A S CITY
Table 1.
'Y
Reserve Positions of Major Banks
J(JL 5 1263
Reserve Period Ended June 19, 1963
w

Research Lihl&fy

Imr figures are daily averages, in millions)
Reserve city banks
*5 reserve
8 New York
37 banks
city banks City banks
outside NYC

e
1. Reserve excess or
deficiency (-)

#

#

#

5

2. Less: Carry-over
reserve deficiency

1

1

3. less: Borrowings
from Reserve Banks

#

11
.

128

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

6

3

63

65

22

423

535

-112

-•541

-594

53

28

-l 6

l

27

" 4-7
"

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

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

*

#

Four
nonreserve .
city banksJ:/




CONFIDENTIAL (FB)

Table 2.
Federal Funds Activity
of Major Banks
For the Weak Ended June 19^ .1963
(All figures are daily averages, in millions)
Reserve city banks
*5 reserve 0 Hew York
37 "banks
city banks City banks
outside NYC

Four
noaseserre
city banks

1. Gross transactions:
a. With banks1:
(l) 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

V+39
854

SC5
386

534
468

i4
57

585

519

66

-43

17
179

27

-162

~ —

178

4

16

-178

-4

659

342

317

797

580

217

14

374

4$

329

6l

423

535

-112

-47

3. Total net transactions
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
hanks (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, 5-6lb)

Table 3
Dally Federal Funds Activity of Major Banks
Week Ended June 19, 1963
(in millions of dollars)

CONFIDENTIAL (FR)

Reporting
banks
and
date
All respondents
June 13
14
17
18
19
0 NYC Banks
June 13
l4
17
18
19
37 Reserve City
Banks Outside NSC
June 1 3
.
14
17
18
19
4 Nonreserve City
Banks
June 13
l4
17
18
19

Transactions with
banks l/
Effective
rate
(per cen-t)
Purchases

3
3
3
3
3

1, 524
4] '
4
1, 328
1, 585
I, 485

Sales

1,109
973
746
1 , 021
,
588

897
780
934
1,015

470
4>4
332
371
169

593
501
532
635
470

586
458
377
575
359

16
16
16
16

53
60
36
75
60

91k

-

-

Transactions
with Government
securities
dealers
Purchases

8
29
3

Sales

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

173
230
221
130
74

662
705
483
481
408

8
29
3

10
,

— —

~

394
444
245
209
169
267
260
238
271
239

— —

20

20

— —
— —
— — —
— —

— —
—» —

— °c e.
—

- -

163
226
207
130
74

— —

4

— —
—

ik
— —
-

-

« •»

— <-

— =-

- -

Borrowings
from
Reserve
Banks

6_l
497
484
670
254

249
240
364
434
644

528
481
538
725
867

85
9
87
161

443
472
451
564
867

8
10
80
330

326
240
293
363
230

482
423
346
434
194

-156
-183
- 53
- 71
36

73
4l
25
171

16
16
16
l6

53
64
50
75
60

870
737
848
l, 104
1*098

- -

PO
-

-

37
48
34
59
60

22
103
73
127
523
— —

— —

22
22
22
22
22

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 E^les less tv^-vay transitions equate net sales ^ f net selling banks.