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i
' COMflUHBItt (PR)

FEDERAL R E f E W E BANK
of K A N S A S CITY

September 20, 1963

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Reserve Positions of Major Banks
Reserve Period Ended September 11, 1963
(All dollar figures are daily averages, in millions)
Reserve city banks
45 reserve 8 Ner York
37 banks
city banks City banks
outside NIC

e
1. Reserve excess or
deficiency (-)

#

2. less: Carry-over
reserve deficiency

31

9

3

- -

22

Four
ntinaaeserve .
city banks*/
5

3

3.

Less: Borrowings
from Reserve Banks

233

135

98

4.

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

427

158

69

-632

-484

-148

48

-7

-l4

-3

44

#

5.
#

e

15

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.

#




L«5 06(a)

COKFIDEHTIAL (FR)

Table 2.
Federal Funds Activity
of Major Banks
For the Week Ended. September 11, 1963
(All figures are daily averages, in millions)
Reserve city banks
45 reserve ti New York
37 hanks
city banks City banks
outside NIC

Four
nonates6rve
city batiks

Gross transactions:
a. With banks*:
(1) Purchases
(2) Sales
(3) Net purchases or
sales (-)

e

b. With Government
securities dealers:
(1) Purchases
(2) Sales
(3) Net purchases or
sales (-)

#

2.
#3"

•

Total two-way transapttoqsZ

1,621
1,023

865
519

756
504

7
55

598

3+
-6

252

-48

13
18%

13
1

183

10

-171

12

-183

-10

738

46l

277

896

417

479

7

469

59

4io

65

427

358

69

-58

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

0 l/ May include modest amounts of transactions with other than domestic commercial
—
hanks (e.g., foreign bank agencies, mutual savings hanks).
2/ Bach 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.



#
•
•
M d f 3
Daily Federal Funds Activity of Major Banks
Week Ended September 11, 1963
(in millions of dollars)

L. 5-6(b)
CONFIDENTIAL (ER)

Reporting
banks
and
date

All respondents
Sept. 5
6
9
10
11
0 NYC Banks
Sept. i
>
6
9
10
11
37 Reserve City
Banks Outside NYC
Sept. 5
6
9
10
11
4 Nonreserve City
Banks
Sept. 5
6
9
10
11

Transactions with
banks 1/
Effective
rate
(per cent)

3-1/2
3-I/2
3-1/2
3-1/2
3-1/2

Purchases

Sales

1,546
1,599
1,537
1,575
1,943

1,109
1,052
899
1,126
1,258

750
867
877
779
1,046

520
574
439
566
383

786
726
660
786
883

510
390
421
560
876

10
5

80
88
40

10
14

Transactions
with Government
securities
dealers
Purchases

Sales

19
16
7
10

294
178
158
2l4
162

— *™

19
16
7
10

— -»
— —
am mm
«*• *«•

— —

- *

«•

— «•
—

- -

Total transactions
Net
Net
Net
Two-way purchases sales of purchases
net
or
trading of net
sales
buying
selling
5/
(-)
banks
banks
x

Borrowings
from
Reserve
Banks

604
679
538
728
748

942
938
1,015
854
1,206

798
550
518
611
672

144
388
497
243
534

175
332
228
157
181

341
4l4
542
365
716

109
101
87
144
48

232
313
455
221
668

130
213
100

6

409
472
351
420
340

284
168
148
204
146

195
207
187
308
408

591
520
473
478
475

598
350
380
456
613

-7
170
93
22
-138

35
109
106
135
82

10
5

89
97
49
9
9

-79
-92
-49
1
5

10
10
22
22
22

- -

— —'
— —

10
10
10
10
10

— —

—

— —

— °~

10
14

77

ij May include modest amounts of transactions with other than domestic commercial banks (e.g., foreign bank agencies,
mutual savings banks).
2/ Bach 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 of St. Louis
Federal Reserve Banksales less two-way transactions equals net sales of net selling banks.