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1.5-6

I
COBFIDENTIAL (FR)

of

r

k, 1963

^

^?o, " S
°

%

Table 1.
Reserve Positions of Major Banks ~
Reserve Period Ended February 20, 1963
(All dollar figures are daily averages, in millions)
Reserve city banks
37 banks
45 reserve 8 New York
outside NYC
city banks City banks
1.

Reserve excess or
deficiency (-)

27

11

16

Four
nanreserve .
city banksJy
14

(

1)

2. Less: Carry-over
reserve deficiency

2

3. Less: Borrowings
from Reserve Banks

93

50

43

1

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

705

569

136

-91

(-78)

-773

-603

-170

104

( 78)

-9

-17

-3

90

( 68)

( --)

2

(

1)

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

1/ Second half of reserve computation period.
are those for the full reserve period.
2J For details, see following table.




Figures in parentheses

L«5-6.(a)
AOHFIDEHTIAL (FR)

Table 2.
Federal Fxmds Activity
of Major Banks
For the Week Ended February 20, 1963
(All figures are dally averages, In millions)

e

1

Reserve city banks
37 banks
1-5 reserve 6 New York
outside NYC
city banks City banks

Four
nonseserve
city beaks

1. Gross transactions:
*

#

#

a. With banks^:
(l) Purchases
(2) Sales
(3) Net purchases or
sales (-)
b. With Government
securities dealers:
(1) Purchases
(2) Sales
(3) Set purchases or
sales (-)

2. Total two-way transactions2

1,773
951

1,047
515

726
436

1
9-

822

532

290

-89

49
166

49
12

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r

•»

154

2

-117

37

-154

-2

713

486

227

1

1,109

610

499

w

404

4i

363

91

705

5 69

136

-91

3. Total net trans#
actions

#

l/
#
2/
~
~

a. Bet purchases of
net buying banks
b. Net sales of net
selling banks
c . Net purchases or
sales (-)

-

May Include modest amounts of transactions with other than domestic commercial
banks (e.g., foreign bank agencies, mutual savings banks).
Each week's offsetting purchases and sales by the same bank. Note that gross purchases
in the Tmnk 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» 5.6(o)

•

e

CONFIDENTIAL (FR)

Reporting
banks
and
date

#

#

#
e
Table 3
Daily Federal Funds Activity of Major Banks
Week Ended February 20, 1963
(in millions of dollars)

Transactions with
banks 1/
Effective
rate
Purchases

Sales

Transactions
with Government
securities
dealers
Purchases

Sales

e

#

t

t

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

Borrowings
from
Reserve
Banks

All respondents
20
4i
506
1,172
894
163
1,638
Feb.*14
571
3
18
.
680
218
1,187
71
1,199
1,853
15
737
3
228
886
18
1,672
38
493
137
1,179
530
3
494
20
677
1,786
134
1,171
77
635
19
995
3
286
386
605
20
916
1,175
789
27
1,752
75
3
0 NYC Banks
4l
Fe':. 14
1,043
388
695
695
35
353
10
606
8
169
676
437
1,051
71
515
15
160
1,007
713
18
38
713
331
331
128
20
628
20
500
1, 042
542
434
5
19
8
1.086
157
20
27
350
358
755
755
37 Reserve City
Banks Outside NYC
10
4?6
118
141
487
463
Feb. 14
594
8
208
221
145
802
449
435
15
104
68
466
198
362
18
423
665
137
200
292
72
114
251
744
543
19
337
122
246
4i6
129
294
662
67
20
473
4 Nonreserve City
Banks
10
-84
84
Feb. l4
7
77
2
'75
-75
15
73
-131
131
18
131
-115
115
115
19
c
=°
*4
-88
4
92
20
92
NOTE!: Details may not add to totals because of rounding.
l/ May inclnde 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 hank. Mote 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 St. Louis
Federal Reserve Bank ofsales less two-way transactions equals net sales of net selling banks.
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