BANK DEBITS DEPOSIT TURNOVER

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1 urn statistical FEDERAL release RESERVE G>6 For immediate release AND BANK DEBITS DEPOSIT TURNOVER 15 ' ^ Bank debits to demand deposit accounts, except interbank and U. 8. Government accounts, as reported by banks in 344 selected centers for the month of October aggregated $308.7 billion. During the past three months debits amounted to $853*0 billion or 9*8 per cent above the total reported for the corresponding period a year ago. At banks in New York City there was an increase of 10.5 per cent compared with the corresponding three-months period a year ago; at 6 other leading centers the increase was 13.1 per cent; and at 337 other centers it was 7*4 per cent. Seasonally adjusted debits to demand deposit accounts for 337 centers rose 4.5 per cent in October to a new high of $112.4 billion. The seasonally adjusted annual rate of demand deposit turnover at banks outside New York and other financial centers increased to 28.5 in October from 27.3 in September. Not seasonally adjusted Seasonally adjusted Period Total, Leading centers 337 Total, Leading centers 337 other 344 other centers NYC 6 others* centers centers NYC 6 others* centers DEBITS To Demand Deposit Accounts (In billions of dollars) October November December January February March April May June July August September October ANNUAL RATE OF TURNOVER Of Demand Deposits October o.i November December January 4o.l February I March April May June i July August i.i 28.3 September October^/ * Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles. P Preliminary.

2 BANK DEBITS - October 1962 (In thousands of dollars) Z*\A "i" yfw "ht *1 uexooer XyOci ucuooer jlyoj. I October DISTRICT NO. 1 - BOSTON 11,317,420 10,174,507 31,795,659 28,962,656 Connecticut: Hartford 1,631,100 1,423,847 4,678,966 4,117,155 New Haven 527, ,397 1,498,864 1,432,437 New London 109,508 96, , ,118 Waterbury 160, , , ,204 Maine: Bangor 92,638 91, , ,278 Lewiston-Auburn 54,860 48, , ,765 Portland 253, , , ,728 Massachusetts: Boston 5,921,995 5,418,387 16,635,675 15,253,076 Brockton 122, , , ,265 Fall River 80,004 79, , ,690 Holyoke 30,593 69,558 84, ,633 Lawrence 93,967 78, , ,153 Lowell 90,900 81, , ,944 Lynn 102,597 84, , ,579 New Bedford 93,650 88, , ,105 Pittsfield 88,514 71, , ,041 Springfield 462, ,020 1,271, ,448 Worcester 397, ,649 1,080, ,835 New Hampshire: Concord 43,623 40, , ,246 Manchester 110, , , ,899 Rhode Island: Providence 780, ,245 2,169,611 2,040,432 Vermont: Burlington 68,699 71, , ,625 1 DISTRICT NO. 2 - NEW YORK 134,606, ,429, ,070, ,944,997 Connecticut: Bridgeport 359, , , ,509 Stamford 176, , , ,665 New Jersey: Elizabeth 333, , , ,673 Jersey City 638, ,235 1,857,308 1,736,189 Montelair 75,385 70, , ,955 Newark 1,896,947 1,791,031 5,312,256 5,051,457 Paterson-Passaic 528, ,952 1,500,731 1,514,964 New York: Binghamton 103,780 95, , ,340 Buffalo 1,021, ,906 2,933,675 2,830,074 Elmira 75,188 69, , ,044 Jamestown 60,338 57, , ,277 New York 127,453, ,732, ,997, ,881,099 Poughkeepsie 130, , , ,193 Rochester 908, ,481 2,488,062 2,361,512 Schenectady 121, , , ,726 Syracuse 547, ,564 1,492,014 1,450,786 Utica 175, , , ,534-2-

3 BANK DEBITS- October 1962 (In thousands of dollarsj October 1962 October 1961 October 1962 I October 1961 DISTRICT NO. 3 - PHILADELPHIA 12,912,169 11,627,172 35,491,230 32,468,583 Delaware: Wilmington 1,654,428 1,248,206 4,695,489 3,377,359 New Jersey: Atlantic City 149, , , ,129 Caznden 383, ,095 1,081,533 1,004,929 Trenton 591, ,861 1,568,087 1,300,168 Pennsylvania: Allentown 190, , , ,683 Altoona 58,064 53, , ,037 Bethlehem 78,948 74, , ,905 Chester 92, , , ,595 Harrisburg 242, , , ,878 Hazleton 38,293 39, , ,285 Johnstown 80,577 82, , ,795 Lancaster 150, , , ,994 Lebanon 39,491 37, , ,266 Norristown 86,492 83, , ,100 Philadelphia 8,354,937 7,712,789 22,606,334 21,391,734 Reading 245, , , ,345 Scranton 145, , , ,088 Wilkes-Barre 127, , , ,494 WiULiamsport 50,635 44, , ,827 York 151,596 l4l, , ,972 DISTRICT NO. 4 - CLEVELAND 17,488,088 16,741,211 49,830,798 47,741,090 Kentucky: Covington-Newport 76,758 78, , ,911 Lexington 191, , , ,711 Ohio: Akron 696, ,700 1,893,753 1,808,888 Canton 224, , , ,690 Cincinnati 2,039,681 1,906,926 5,802,270 5,502,061 Cleveland 4,480,714 4,285,645 12,493,869 12,033,945 Columbus l,308,183 1,179,884 3,923,155 3,655,361 Dayton 631, ,234 1,794,597 1,617,333 Hamilton 85,428 78, , ,629 Lima 87,897 76, , ,271 Lorain 54,781 49, ,524 i4o,068 Mansfield 103,106 96, , ,442 Middletown 63,807 66, , ,163 Portsmouth 35,309 33, ,436 98,408 Springfield 97,261 80, , ,790 Steubenville 42,870 41, , ,749 Toledo 917, ,291 2,574,912 2,464,031 Warren 95,603 87, , ,982 Youngstown 241, , , ,654 Zanesville 44,560 42, , ,4oi Pennsylvania: Butler 61,783 62, , ,853 Erie 180, , , ,530 Franklin 11,919 12,475 32,464 33,795 Greensburg 39,060 39, , ,401 Oil City 32,228 31,302 91,909 90,038 Pittsburgh 5,499,427 5,499,369 15,907,386 15,340,477 Sharon 53,493 48, , ,984 West Virginia: Wheeling 89,282 90, , ,524-3-

4 BAM DEBITS - October 1962 (in thousands of dollars) DISTRICT NO. 5 District of Columbia: Maryland: North Carolina: South Carolina: Virginia: West Virginia: DISTRICT NO. 6 Alabama: Florida: Georgia: Louisiana: Mississippi: Tennessee: ~ RICHMOND Washington Baltimore Cumberland Frederick Eagerstown Asheville Charlotte Durham Greensboro Kinston Raleigh Wilmington Wilson Winston-Salem Charleston Columbia Greenville Spartanburg Charlottesville Danville Lynchburg Newport News Norfolk Portsmouth Richmond Roanoke Bluefield Charleston Clarksburg Huntington Parkersburg - ATLANTA Anniston Birmingham Dothan Gadsden Mobile Montgomery Jacksonville Miami Orlando Pensacola St. Petersburg Tampa Albany Atlanta Augusta Brunswick Columbus Elberton Macon Newnan Savannah Valdosta Baton Rouge Lake Charles New Orleans Hattiesburg Jackson Meridian Vicksburg Chattanooga Knoxville Nashville October 1962 October 1961 October October ,665,079 10,189,237 32,327,976 29,223,640 2,915,388 2,447,808 45,985 38,464 58, , , , ,898 58, ,369 68,966 65, , , , , ,183 72,739 98,443 92, , ,747 56,745 1,164, ,946 40, ,858 44,229 no,594 48,060 2,264,730 2,246,254 41,612 37,615 53, , , , ,315 48, ,176 62,178 75, , , , , ,880 66,377 *96,614 82,498 90, ,723 51,651 1,074, ,473 42, ,013 44,367 99,100 45,807 12,233,055 10,898,616 52,281 45, , ,451 45,432 43,072 42,206 38, , , , , ,693 1,004, ,053 91, , ,732 66,360 2,764, ,738 33, ,523 9, ,480 26, ,206 37, ,878 89,893 1,544,681 42, ,474 53,340 27, , , ,44l 815, , ,062 84, , ,615 61,446 2,412, ,687 29, ,115 9, ,293 21, ,186 36, ,091 81,263 1,342,330 38, ,371 49,655 23, , , ,001 7,955,356 6,914, , , , ,025 2,056, , , ,816 1,426, , ,423 1,261, , , , , , , , ,997 1,255, ,487 3,263, , , , , , , ,088 31,583, , ,953 2,772,083 2,609, , , , , , , , ,461 2,612,820 2,459,158 2,813,125 2,502, , , , , , ,203 1,276,022 1,226, , ,700 7,683,934 6,849, , ,748 97,095 83, , ,269 28,696 28, , ,187 70,789 63, , , , , , ,475 4,314, ,379 l,138, ,260 72,894 1,079, ,194 2,567,542 6,464,860 6,572, , , , ,550 1,872, , , ,829 1,309, , ,966 1,093, , , , , , , , ,591 1,175, ,978 3,058, , , , , , , , ,368 3,902, ,124 1,015, ,953 66,823 1,052, ,331 2,405,

5 BANK DEBITS - October l$o2 (In thousands of dollars) October 1$62 October I96I October 19o2 1 October 1961 DISTRICT NO. 7 - CHICAGO 43,867,605 36,531, ,159, ,331,024 Illinois: Aurora 93,885 78, , ,827 Bloomington 95, , , ,432 Champaign-Urb&na 115, , , ,810 Chicago 23,586,125 19,700,217 64,034,622 56,207,733 Danville 64,855 63, , ,886 Decatur 159, , , ,396 Elgin 58,502 56, , ,061 Joliet 100,825 99, , ,842 Moline-East Moline- Rock Island 138, , , ,353 Peoria 293, , , ,377 Rockford 221, , , ,870 Springfield 167, , , ,993 Indiana: Fort Wayne 377, ,099 1,028, ,315 Gary 166, , , ,604 Hammond 103,230 94, , ,192 Indianapolis 1,598,811 1,475,991 4,466,243 4,207,665 Lafayette 118, , , ,081 Muncie 110, , , ,733 South Bend 262, , , ,941 Terre Haute 107,550 98, , ,911 Iowa: Burlington 47,300 43, , ,380 Cedar Rapids 180, , , ,493 Clinton 32,940 29,093 89,430 82,215 Davenport 162, , , ,584 Des Moines 690, ,031 1,883,748 1,756,776 Dubuque 82,447 81, , ,467 Mason City 54,773 56, , ,739 Muscatine 25,562 21,453 70,816 60,986 Ottunwa 42,850 4o,o4o 121, ,738 Sioux City 259, , , ,108 Waterloo 120, , , ,315 Michigan: Adrian 31,740 26,812 93,166 83,841 Battle Creek 90,481 80, , ,688 Bay City 70,678 63, , ,354 Detroit 9,498,009 6,986,769 24,652,319 20,625,795 Flint 267, , , ,100 Grand Rapids 490, ,129 1,334,662 1,195,139 Jackson 113, , , ,599 Kalamazoo 191, , , ,058 Lansing 205, , , ,718 Muskegon 105,579 94, , ,491 Port Huron 55,680 49, , ,542 Saginaw 163, , , ,290 Wisconsin: Green Bay 114, , , ,792 Kenosha 72,466 69, , ,121 Madison 243, , , ,861 Manitowoc 34,605 36, , ,292 Milwaukee 2,216,707 2,063,398 6,543,407 6,108,558 Oshkosh 49,129 42, ,o4i 127,479 Racine 119, , , ,440 Sheboygan 95,162 81, ,4l4 245,043

6 BANK DEBITS - October 1962 (In thousands of dollars)" October 1962 October 1961 October October 1961 DISTRICT NO. - ST. LOUIS 7,618,960 6,878,886 20,609,666 19,242,549 Arkansas: El Dorado Fort Smith Helena Little Rock Pine Bluff Texarkana (Also see Texas, p. 8) 42,485 89,584 27, , ,766 36,916 35,042 73,100 24, ,789 87,986 31, , ,135 53, , ,439 99, , ,960 47, , ,754 92,178 Illinois: Alton E. St. Louis & Nat'l. Stock Yards Quincy 50, ,395 62,476 48, ,393 63, , , , , , ,827 Indiana: Evansville 216, , , ,050 Kentucky: Louisville Owensboro Paducah 1,132,815 68,6l4 44,945, 1,033,127 66,525 39,878 3,103, , ,332 2,896, , ,378 Mississippi: Greenville 53,688 48, , ,485 Missouri: Cape Girardeau Hannibal Jefferson City St. Louis Sedalia Springfield 23,218 16, ,764 3,379,232 26, ,563 21,079 15, ,453 3,062,554 22, ,707 68,963 45, ,235 9,436,986 75,228 4o8,816 62,623 43, ,366 8,852,408 65, ,444 Tennessee: Jackson Memphis 47,754 1,372,276 39,174 1,219, ,372 3,381,359 io4,259 3,119,869 DISTRICT NO. 9 - MINNEAPOLIS 5,324,943 4,755,865 14,64i,476 13,829,169 Minnesota: Duluth Mankato Minneapolis Red Wing Rochester St. Cloud St. Paul South St. Paul Winona 203,894 48,067 2,726,908 8,833 73,708 37,131 1,109, ,332 28, ,673 41,856 2,439,151 9,073 65,490 35, , ,988 27, , ,676 7,543,257 23, , ,701 3,087, ,142 80, , ,100 7,151,342 25, ,000 99,927 2,832, ,154 78,389 Montana: Billings Butte Great Falls Helena 115,304 62, ,412 61, ,157 58,637 97,201 48, , , , , , , , ,259 North Dakota: Bismarck Dickinson Fargo Grand Forks Jamestown Minot 37,834 16, ,784 42,633 15,132 54,378 33,395 16, ,4i6 39,723 12,369 39, ,311 38, , ,064 37, ,035 98,062 4o, , ,749 33,229 ill,026 South Dakota: Aberdeen Sioux Falls 32, ,690 30, ,741 89, ,125 88, ,018 Wisconsin: Eau Claire La Crosse Superior 65,982 73,078 26,165 61,453 61,761 22, , ,809 71, , ,290 71,803

7 DISTRICT MO KANSAS CITY BANK DEBITS - October 1962 (In thousands of dollars) October 1962 October 1961 October October ,585,979 9,845,178 30,171,623 28,821,390 Colorado: Kansas: Missouri: Nebraska: New Mexico: Oklahoma: Wyoming: Colorado Springs Denver Grand Junction Greeley Pueblo Atchison Dodge City Emporia Hutchinson Independence Kansas City Lawrence Manhattan Parsons Pittsburg Salina Topeka Wichita Independence Joplin Kansas City St. Joseph Fremont Grand Island Hastings Lincoln Omaha Albuquerque Santa Fe Bartlesville Enid Guthrie Lawton Muskogee Norman Oklahoma City Okmulgee Ponca City Tulsa Casper Cheyenne 134, , , ,523 1,869,699 1,678,467 5,411,519 5,179,053 42,566 41, , ,403 90,701 70, , ,104 93,296 91, , ,120 16,079 18,016 47,908 51,117 30,141 28,910 85,027 77,864 29,657 27,438 78,929 72,179 62,430 63, , ,563 13,151 13,961 39,977 39, , , , ,069 30,030 26,201 79,406 74,030 25,24? 23,271 67,503 65,550 12,952 12,348 38,718 35,760 18,730 20,729 53,627 61,799 69,503 71, , , , , , , , ,761 1,394,276 1,426,553 37,444 33, ,551 87,995 53,182 49, , ,874 2,319,755 2,183,278 6,498,520 6,177, , , , ,844 35,261 34,423 97,310 93,743 42,892 39, , ,719 27,669 28,183 82,838 83, , , , ,962 1,083, ,637 3,090,403 2,774, , , , ,467 80,292 68, , , , ,162 1,011,867 1,007,910 54,807 60, , ,808 6,510 5,542 18,458 16,583 38,925 34, , ,296 45,313 43, , ,617 25,539 22,046 69,966 64, , ,155 2,561,081 2,308,373 9,982 9,781 28,685 27,794 34,264 33, ,351 99,123 1,131,439 1,065,931 3,210,840 3,237,640 92,077 84, , ,373 75,093 87, , ,731-7-

8 BANK DEBITS - October 1962 (In thousands of dollars) October 1962 October 1961 October 1962 October 1961 DISTRICT NO DALLAS 11,351,477 10,416,612 32,461,398 30,165,664 Arizona: Tucson 353, ,814 1,04l, ,563 Louisiana: Monroe Shreveport 106, ,466 89, , , , , ,369 New Mexico: Roswell 58,922 54, , ,871 Texas: Abilene Amarillo Austin Beaumont Corpus Christ! Corsicana Dallas El Paso Fort Worth Galveston Houston Laredo Lubbock Port Arthur San Angelo San Antonio Texarkana (Also see Arkansas, p. 6) Tyler Waco Wichita Falls 116, , , , ,129 18,907 3,351, , ,714 97,121 3,330,287 34, ,351 63,233 60, ,220 28, , , , , , , , ,152 20,243 3,198, , ,635 90,312 2,838,271 27, ,622 66,402 59, ,706 23,306 92, , , , , , , ,132 56,161 9,676,977 1,007,855 2,457, ,oo4 9,359, , , , ,394 2,087,585 82, , , , , , , , ,152 55,637 9,126,400 1,027,097 2,397, ,327 8,352,825 80, , , ,343 1,925,951 69, , , ,272 DISTRICT NO SAN FRANCISCO 29,723,039 26,227,816 84,102,858 75,524,287 Arizona: Phoenix 868, ,526 2,4l8,091 2,461,323 California: Baker.sfield Berkeley Fresno Long Beach Los Angeles Modesto Oakland Pasadena Riverside Sacramento San Bernardino San Diego San Francisco San Jose Santa Barbara Santa Rosa Stockton 223, , , ,486 10,188, , , , ,907 1,239, ,655 1,254,898 6,516, , ,066 80, , , , , ,525 8,218, , , , ,343 1,303, ,338 1,111,144 6,242, , ,025 73, , , , ,474 1,151,317 29,132, ,536 2,770, , ,628 4,233, ,726 3,260,499 17,912,991 1,719, , , , , , , ,962 24,186, ,252 2,574, , ,940 3,896, ,010 3,277,474 17,050,773 1,382, , , ,118 Idaho: Boise 154, ,976 44o, ,195 Nevada: Reno 158, , , ,162 Oregon: Eugene Portland Salem 123,063 1,294, , ,121 1,183, , ,581 3,783, , ,335 3,459, ,127 Utah: Ogden Salt Lake City 126, , , , ,483 1,966, ,385 1,773,735 Washington: Bellingham Everett Seattle Spokane Tacoma Walla Walla Yakima 46,933 72,815 2,031, , ,178 43,135 91,64i 4o,741 65,249 1,856, , ,960 39,020 85, , ,958 5,885, , , , , ,4oi 194,186 5,371, , , , ,438-8-

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