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L.5 £ COHFIDBHTIAL (PR) September 9, 1963 ? FEDERAL i m m : of K A N ! ; , : C m Table 1. q p p ; A t isgieeerve Positions of Major Banks VL " " Reserve Period Ended August 28, 1963 Research Library ^ (All dollar figures are daily averages, in millions) 1 1. Reserve excess or deficiency (-) 5 -1 6 2. Less: Carry-over reserve deficiency 3 - — 3 - - 3. Less: Borrowings from Reserve Banks 92 62 30 20 4. Less: Net Federal funds purchases or sales (-) 2/ 85 201 -116 ill -175 -264 52 -2 -8 CVJ Four nanneserve. . city bank#!/ ON CO Reserve city banks 37 banks 4-5 reserve 8 New York outside NIC c i t y banks City banks 47 5. Equals: Net basic reserve surplus or deficit (-): a. In millions of dollars be As per cent of average required reserves 1/ 2/ For details, see following table. L.5.6(a) / C0NFIDEHTIA1 (FB) Table 2. Federal Funds Activity of Major Banks For the Week Bnded August 28, 1963 (All figures are daily averages, In millions) Reserve city banks 45 reserve 8 Hew York 37 tanks c i t y tanks City banks outside NIC Four nonseserre c i t y banks 1. Gross transactions: 1 a. With banks 1 : (1) Purchases (2) Sales (3) Net purchases or sales (-) 1,459 1,364 791 618 668 746 92 95 173 -78 -71 21 b. With Government securities dealers: (1) Purchases (2) Sales (3) Net purchases or sales (-) '2. 35 45 35 7 38 -10 28 -38 Total tWO-V^-aactions 2 824 531 293 670 295 375 21 585 94 491 92 85 201 3- Total net transactions 1 , a . Net purchases of net buying banks b. Net sales of net selling banks c. Net purchases or sales (-) -116 -71 l / May include modest amounts of transactions with other than domestic commercial banks (e.g., foreign bank agencies, mutual savings banks). I / 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, t o t a l gross sales less twoway transactions equals net sales of net selling banks. — 2 Table 3 L.5.6(b) Dally Federal Funds Activity of Major Banks Week Ended August 28, 1963 (in millions of dollars) CONFIDENTIAL (FR) Reporting banks and date All respondents Aug. 22 Effective rate (per cent) Transactions with banks 1/ Purchases Sales Transactions with Government securities dealers Purchases Sales Total transactions Net Net Net Two-way purchases sales of purchases net or trading of net buying selling sales 2/ (-) banks banks Borrowings from Reserve Banks 1,410 1,514 l,4i4 1,652 1,343 1,349 1,413 1,436 1,808 1,366 19 48 33 17 33 70 61 22 20 20 631 791 599 89 6 725 798 770 848 773 650 787 682 858 931 660 11 88 -10 -158 -10 220 121 44 20 l4o Aug. 22 23 26 27 28 723 780 802 954 714 569 612 417 876 622 19 48 33 17 33 10 10 273 347 476 346 316 108 l4o 57 255 196 165 207 419 91 120 190 50 10 5 5 470 481 359 625 430 23 26 27 28 667 714 587 679 604 682 701 919 853 672 60 51 22 15 15 161 310 240 271 295 506 4o4 347 4o8 309 580 441 700 596 391 -74 -37 -353 -188 -82 10 51 14 20 20 25 20 98 100 100 79 72 - — —— — — — — —— —— —— — — 20 20 25 20 25 97 99 99 78 71 -77 -79 -74 -58 -46 20 20 20 20 20 23 26 27 28 0 N C Banks Y l I 1 37 Reserve City Banks Outside N C Y Aug. 22 Banks Aug. 22 23 26 27 28 3 3 3 3 3 1/2 1/2 1/2 1/2 1/2 §5 - — — —— —— —1 —- —— - — —— —— —— —— —— 86 -» 34 l / 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 hank. Note that gross purchases in the bank and Government Digitized for securities dealer categories less two-way transactions equals net purchases of net buying banks. FRASER Similarly, t o t a l http://fraser.stlouisfed.org/ gross sales less two-way transactions equals net sales of net selling banks. Federal Reserve Bank of St. Louis
