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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