The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
L»5 -6 COHFIDEMTIAL (FR) October 25, 3,9# ' -J Table 1. Reserve Positions of Major Reserve Period Ended October l6, 1963 (All dollar figures are daily averages, in millions) Reserve city banks 45 reserve ti New York 1 37 banks city banks City banks 1 outside NYC # 1. Reserve excess or deficiency (-) • 15 17 <*><•» «"D «=» *» me 2. Less: Carry-over reserve deficiency 3. Less: Borrowings from Reserve Banks • 32 217 125 860 551 -1,045 -667 -12 -19 Four ncmreserve citr banks V 8 «•> we ( — ( - - ) ) 4 ( 14) -46 (-91) -378 50 ( 77) -7 45 ( 68) 92 4. less: Net Federal funds purchases or sales (-) 2/ 5. Equals: Net basic reserve surplus or deficit (-): • in millions of dollars b. As per cent of average required reserves a* • TT 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 Bacbed October 16, 1963 (All figures are daily averages, in millions) Reserve city banks 4-5 reserve 8 New York 37 banks city banks City banks outside NIC Four noneeserre city banks 1. Gross transactions: a. With banks'1-: (1) 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 transactions2 1,960 1,039 1,048 531 912 508 6 49 921 517 4o4 -43 49 110 49 9 -61 ho -101 -3 878 536 342 2 1,131 561 570 4 271 4 267 50 860 557 303 -46 «•> ee 101 CO CD 3 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.5.6(b) Table 3 Daily Federal Funds Activity of Major Banks Week Ended October 16, 1963 (in millions of dollars) CONFIDENTIAL (PR) Reporting banks and date All respondents Oct. 10 11 Ik 15 16 ti NYC Banks Oct. 10 11 14 15 16 37 Reserve City Banks Outside NSC Oct 0 10 11 Ik 15 16 4 Nonreserve City Banks Oct. 10 11 14 15 16 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 156 59 36 230 186 1,891 2,052 2,045 1,762 1,815 1,052 1,274 1,057 882 806 30 65 45 50 21 892 1,079 1,212 9-31 1,011 440 653 540 403 30 65 45 50 21 999 991 834 780 796 504 579 468 442 402 146 59 16 183 183 107 42 49 36 28 10 12 8 376 20 4o 7 3 Total transactions Net Net Net Two-way purchases sales of purchases net or trading of net sales buying selling i/ (-) banks banks Borrowings from Reserve Banks 682 938 817 704 661 1,240 1,209 1,273 1,107 1,175 525 394 276 407 330 715 815 997 700 845 259 236 96 266 218 377 639 13 27 67 62 39 484 492 697 588 657 170 336 546 505 724 655 696 305 299 284 328 325 694 692 550 452 471 345 338 199 296 259 349 354 351 156 212 116 41 48 42 30 -116 -29 -48 -42 -22 532 376 12 8 185 150 y6 116 218 25 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/ * St. Louis s e e # # # Federal Reserve Bank of
@FedFRASER