G.6 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) June 15, 1961 BANK DEBITS TO DEMAND DEPOSIT ACCOUNTS EXCEPT INTERBANK AND U. S. GOVERNMENT ACCOUNTS Bank debits to demand, deposit accounts, except interbank and U. S. Government accounts, as reported "by banks in 3H leading centers for the month of May aggregated $269 "billion. During the past three months debits amounted to $776 billion or 10.1 per cent above the total reported for the corresponding period a year ago. At banks in New York City there was an increase of 19.I per cent compared with the corresponding three -months period a year ago; at 6 other centers the increase was 7-2 per cent; and at 337 other centers it was 3.0 per cent. Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco SUMMARY BY FEDERAL RESERVE DISTRICTS (in millions of dollars) Federal Reserve District Total, $kk reporting centers New York City 6 other centers* 337 other centers 10,581 118,104 11,368 14,983 9,920 11,107 36,587 6,464 4,535 9,570 10,302 25,411 268,932 111,463 53,782 103,688 8,954 94,417 9,961 14,956 8,888 10,431 33,903 5,844 4,097 8,664 9,623 23,106 232,844 88,551 47,895 96,398 May l95o" 29,965 342,057 31,914 44,177 27,749 31,732 105,241 18,668 12,585 27,792 29,900 73,797 775,578 323,069 155,664 296,844 26,982 288,896 29,124 45,802 26,223 31,074 102,601 17,660 11,924 26,039 28,797 69,458 704,580 271,318 145,167 288,096 Adjusted for seasonal variation April 1961 New York City 6 other centers* 337 other centers A13,337 BZ 53,180 2/102,974 1/103,451 51,281 97,456 92,176 48,453 98,006 New York City 6 other centers* 337 other centers ANNUAL RATE OF TURNOVER OF DEMAND DEPOSITS EXCEPT INTERBANK AND U. S. GOVERNMENT DEPOSITS Without seasonal adjustment May May 1961 I960 $11 58.9 35.2 26.2 Adjusted for seasonal variation * Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles. p/ Preliminary. r/ Revised.
BANK DEBITS - (In thousands of dollars) DISTRICT NO. 1 - BOSTON May 19bl j 1 May I960 Connecticut: Hartford New Haven New London Waterbury 1,595,521 478,556 102,718 157,201 1,291,615 408,438 80,060 146,054 4,449,675 1,322,105 285,352 439,746 3,809,411 1,286,244 249,418 430,515 Maine: Bangor Lewi s ton-auburn Portland 79,757 50,636 181,101 76,473 49,840 160,253 242,873 147,913 541,250 245,405 147,243 479,367 Massachusetts: Boston Brockton Fall River Holyoke Lawrence Lowell Lynn New Bedford Pittsfield Springfield Worcester 5,748,369 101,934 79,681 69,259 80,927 93,577 80,989 85,922 67,913 352,379 307,341 4,710,039 90,108 71,176 62,345 71,934 85,153 74,049 81,069 61,813 323,834 285,419 16,168,578 286,079 221,316 195,779 227,351 250,426 232,537 248,032 189.715 1,024,323 914.716 14,243,971 260,044 210,836 190,162 206,791 261,305 223,625 240,096 184,216 985,424 857,989 New Hampshire: Concord Manchester 43,513 105,070 38,753 102,126 121,683 297,237 114,576 291,415 Rhode Island: Providence 661,516 631,443 1,995,748 1,909,143 Vermont: Burlington 56,941 51,502 162,850 154,455 DISTRICT NO. 2 - NEW YORK Connecticut: Bridgeport Stamford 317,872 167,201 279,880 148,734 885,709 486,592 828,227 445,460 New Jersey: Elizabeth Jersey City Montelair Newark l/r/ Paterson-Passaic 247,335 630,520 73,309 1,800,584 556,788 24l, 336 564,759 70,703 1,415,306 519,314 681,734 1,885,313 206,156 5,178,661 1,542,801 716,636 1,699,416 221,193 4,279,491 1,501,245 New York: Binghamton Buffalo Elmira Jamestown New York rj Poughkeepsie Rochester Schenectady Syracuse Utica 96,808 961,357 73,699 56,274 ill, 462,822 104,008 800,093 110,233 478,438 167,073 90,877 952,302 67,173 53,504 88,551,301 97,133 692,246 102,361 422,181 147,607 270,176 2,766,521 211,208 157,086 323,069,466 304,224 2,259, 503 312,099 1,379,166 460,424 273,012 2,849,107 201,841 154,227 271,317,988 289,218 2,100,925 313,472 1,258,608 446,265 l/ Figures for Newark, New Jersey, Include debits of additional reporting offices beginning with January 1961. Back figures have not "been revised, but it is estimated that the totals reported for i960 would he increased "by approximately 11 per cent. r/ Revised figures: Newark, New Jersey: January 1961, 1,769,3^6; February 1961, 1,$03,279 j March 1961, 1,743,645; April 1961, 1,63k,U32. New York City, New York: January 1961, 104,472,511; March 1961, 110,455,473; April 1961, 101,151,171. 2 -
DISTRICT NO. 3 - PHILADELPHIA BANK DEBITS - (In thousands of dollars) I May I960 Delaware: Wilmington 1,048,737 715,626 3,077,848 2,343,180 New Jersey: Atlantic City Camden Trenton 126,078 365,994 483,680 103,703 334,283 403,730 342,984 1,001,367 1,387,637 286,762 974,155 1,240,813 Pennsylvania: Allentown Altoona Bethlehem Chester Harrisburg Hazleton Johnstown Lancaster Lebanon Norristown Philadelphia Heading Scranton Wilkes-Barre Williamsport York 167,150 49,655 69,873 100,046 236,433 36,240 75,364 133,446 37,271 95,542 7,669,111 230,631 136,609 113,035 45,935 147,546 145,964 50,963 63,592 97,241 211,148 36,728 77,821 123,079 34,425 82,295 6,876,761 179,977 138,528 105,221 42,471 137,809 484,655 141,911 198,117 288,181 676,533 103,043 217,046 383,627 104,580 272,336 21,313,493 643,532 394,747 331,272 130,262 420,431 443,621 148,312 197,073 279,821 645,366 104,373 220,745 373,855 102,634 237,194 19,747,010 536,045 407,454 315,344 124,679 395,450 DISTRICT HO. 4 - CLEVELAND Kentucky: Covington-Newport Lexington 74,979 145,184 68,303 145,192 212,338 430,187 207,863 432,821 Ohio: Akron Canton Cincinnati Cleveland Columbus Dayton Hamilton Lima Lorain Mansfield Middletown Portsmouth Springfield Steubenville Toledo Warren Youngstown Zanesville 606,454 209,043 1,866,772 3,936,207 1,242,712 549,363 79,639 72,863 46,296 91,464 63,227 31,674 80,360 40,756 704.100 89,918 255,353 42,544 603,353 210,670 1,773,797 3,713,185 1,158,628 535,535 83,206 70,736 48,437 90,092 69,204 33,600 81,698 45,357 707,141 92,681 265,289 43,314 1,713,153 592,714 5,432,278 11,226,970 3,604,964 1,584,565 229,037 219,226 130,409 269,067 181,137 93,900 241,598 119,022 2,072,231 252,460 729,847 124,350 1,758,909 636,047 5,347,189 11,453,591 3,335,009 1,586,472 246,237 217,733 139,323 268,986 201,559 98,092 240,701 125,849 2,130,585 274,605 818,874 128,361 Pennsylvania: Butler Erie Franklin Greensburg Oil City Pittsburgh Sharon 57,230 163.101 10,721 38,143 28,733 4,326,426 44,613 63,135 163,347 11,646 35,768 27,927 4,672,080 49,111 160,337 467,636 31,460 109,282 84,598 13,488,770 129,540 189,709 478,411 33,376 102,442 82,064 14,857,415 142,483 West Virginia: Wheeling 84,912 93,217 245,925 267,043-3 -
mm DEBITS - May 3.961 (in thousands of dollars) 1 May I960 DISTRICT NO. 5 - RICHMOND District of Columbia: Washington 2,120,431 1,787,534 6,127,530 5,405,656 Maryland: Baltimore 2,321,363 2,087,266 6,545,678 6,221,396 Cumberland 37,097 33,929 107,539 98,610 Frederick 38,714 34,045 109,162 99,458 Hagerstown 49,832 50,398 150,417 149,220 North Carolina: Asheville 103,200 101,737 286,151 273,449 Charlotte 597,126 569,089 1,699,107 1,689,295 Durham 114,635 106,490 327,236 310,709 Greensboro 313,121 294,606 832,984 804,309 Kinston 27,911 25,545 82,383 74,106 Raleigh 4o4,74l 314,841 1,136,585 l, 030,641 Wilmington l/r/ 59,625 60,920 166,327 180,4o6 Wilson 31,769 28,761 88,501 84,182 Winston-Salem 261,8o4 252,783 743,856 732,715 South Carolina: Charleston 143,496 135,050 4o6,737 387,212 Columbia 312,045 278,940 839,494 797,424 Greenville 196,529 197,388 576,307 589,460 Spartanburg 94,761 91,570 270,732 268,022 Virginia: Charlottesville 64,920 56,178 175,088 159,271 Danville 48,863 46,740 l4i,272 i4o,749 Lynchburg 88,745 77,061 243,417 225,026 Newport News 90,756 83,890 254,109 250,099 Norfolk 481,735 356,386 1,244,853 1,107,665 Portsmouth 49,831 48,129 153,170 143,671 Richmond 1,198,986 1,103,204 3,173,579 3,068,838 Roanoke 206,737 200,752 584,982 570,170 West Virginia: Bluefield 42,162 50,777 117,512 142,655 Charleston 230,265 226,523 632,103 657,768 Clarksburg 39,760 38,891 121,366 125,241 Huntington 103,944 104,890 284,467 307,272 Parkersburg 44,816 43,717 126,026 128,328 DISTRICT NO. 6 - ATLANTA. Alabama: Anniston 45,103 39,718 127,926 117,232 Birmingham 970,794 829,991 2,550,499 2,466,087 Dothan 38,963 35,uo 113,139 106,4i4 Gadsden 38,024 38,872 108,612 112,540 Mobile 319,374 301,948 884,445 872,675 Montgomery 201,993 176,993 534,480 498,259 Florida: Jacksonville 884,036 834,042 2,575,323 2,519,728 Miami 945,336 881,596 2,860,076 2,742,236 Orlando 267,905 267,740 774,554 793,759 Pensacola 88,961 89,952 263,235 267,480 St. Petersburg 227,412 214,622 663,849 689,889 Tampa 442,607 439,993 1,314,916 1,329,770 Georgia: Albany 56,518 55,857 159,385 158,139 Atlanta 2,250,295 2,103,734 6,44i, 619 6,198,564 Augusta 110,229 108,468 322,062 328,196 Brunswick 27,017 24,111 74,958 70,210 Columbus 115,139 108,8l4 332,377 314,700 Elberton 11,115 10,203 29,282 28,840 Macon 133,841 127,647 376,470 366,734 Newnan 18,745 18,546 56,4i6 57,693 Savannah 201,161 204,998 580,907 604,306 Valdosta 36,339 31,534 100,630 98,629 Louisiana: Baton Rouge 278,097 287,360 785,190 842,982 Lake Charles 82,295 78,562 237,579 241,4ll New Orleans 1,440,402 1,406,834 4,148,351 4,202,862 Mississippi: Hattiesburg 38,985 36,190 113,388 110,911 Jackson 323,925 281,403 948,955 858,306 Meridian 48,440 47,765 131,020 132,594 Vicksburg 22,879 20,740 63,662 61,132 Tennessee: Chattanooga 351,016 316,996 998,328 974,473 Knoxville 262,888 247,073 742,254 713,687 Nashville 827,395 763,647 2,318,425 2,193,291 v\ T 11J a m *. < * a..3-3 J_ J have not "been revised, but it is estimated that the totals reported for i960 would be increased by approximately 5 per cent. tj Revised figures: Wilmington, North Carolina: January 1961, 58,261; February 1961, 49,398: March 1961, 55,132; April 1961, 51,570.
BANK DEBITS (In thousands of dollars) 1 May I960 DISTRICT NO. 7 - CHICAGO Illinois: Aurora 80,541 Bloomington 85,478 Champaign-Urbana 85,040 Chicago 19,775,662 Danville 49,443 Decatur 116,194 Elgin 52,160 Joliet 91,205 Moline-East Moline- Rock Island 127,481 Peoria 236,845 Rockford 208,377 Springfield 135,947 82,863 72,1*5 84,798 17,220>5l 51,665 121,506 50,000 88,850 120,1*1 226,796 198,830 131,643 238,476 252,973 252,518 57,513,621 151,502 354,588 152,180 266,312 363,810 669,506 624,057 407,586 245,047 223,471 247,586 52,718,412 152,796 364,443 150,693 270,557 350,092 684,100 631.348 392,171 Indiana: Fort Wayne 320,288 Gary 166,013 Hammond 94,397 Indianapolis 1,458,453 Lafayette 97,911 Muncie 101,516 South Bend 226,769 Terre Haute 96,667 298,828 159,152 93,362 1,323,110 104,722 98,756 231,504 94,489 884,901 463,686 265,793 3,949,067 268,822 287,079 674,383 277,454 878,211 456,306 270,094 3,810,051 272.349 291,109 696,576 283,800 Iowa: Michigan: Wisconsin: Burlington 4o, 561 Cedar Rapids 169,183 Clinton 28,525 Davenport 132,311 Des Moines 624,018 Dubuque 76,833 Mason City 51,078 Muscatine 21,475 Ottumwa 40,653 Sioux City 190,718 Waterloo 110,955 Adrian 29,838 Battle Creek 80, o4i Bay City 60,423 Detroit 6,970,626 Flint 200,249 Grand Rapids 409,843 Jackson 105,588 Kalamazoo 187,212 Lansing 173,287 Muskegon 101,790 Port Huron 47,934 Saginaw 133,607 Green Bay 99,222 Kenosha 73,950 Madison 238,516 Manitowoc 35,401 Milwaukee 2,306,534 Oshkosh 44,701 Racine 117,032 Sheboygan 78,267 38,369 148,872 28,6ll 122,798 590,148 75,053 51,861 18,089 40,687 213,633 104,992 30,777 84,017 62,304 7,290,006 194,912 386,864 112,139 170,099 165,407 107,328 46,498 136,766 98,285 77,032 213,960 34,023 2,170,501 42,963 114,456 77,767 128,628 469,066 86,331 391,998 1,800,304 220,223 146,972 63,344 120,856 580,166 321,642 83,986 246,561 174,358 19,848,6o4 595,930 1,145,164 300,804 526,717 512,336 292,818 137,950 396,137 297,535 207,494 693,087 105, Oil 6,340,679 127,378 333,324 227,582 118,463 440,028 84,230 384,868 1,700,010 224,293 151,389 57,997 121,269 592,765 315,056 94,832 249,406 192,952 22,193,029 607,459 1,187,135 327,595 539,993 522,667 319,106 137,205 405,844 300,039 231,791 639,795 102,446 6,257,031 133,115 344,579 235,037-5-
BANK DEBITS - (In thousands of dollars; DIi STRICT NO. 8 - ST. LOUIS 1 May I960 Arkansas: Illinois: El Dorado Fort Smith Helena Little Rock Pine Bluff Texarkana (Also see Texas, p. 8) Alton E. St. Louis & Nat Stock Yards Quincy 1. 34,923 68,584 11,254 279,725 55,182 29,028 50,821 144,877 56,282 33,811 62,402 12,025 251,397 49,598 26,201 47,006 144,781 53,389 103,899 201,117 35,010 793,410 152,364 82,522 138,850 418,593 157,308 99,293 185,582 35,160 744,762 147,647 79,444 140,319 431,776 150,641 Indiana: Evansville 186,509 178,334 517,129 526,694 Kentucky: Louisville Owensboro Paducah 981,000 54,587 39,497 921,926 54,444 36,454 2,808,984 167,058 117,Oil 2,754,840 163,995 111,102 Mississippi: Greenville 33,535 33,107 99,682 98,986 Missouri: Cape Girardeau Hannibal Jefferson City St. Louis Sedalia Springfield 21,950 13,955 222,196 3,024,497 19,512 121,379 22,153 14,286 142,873 2,729,347 18,932 114,775 64,196 41,743 488,269 8,828,315 57,587 349,218 67,314 39,775 396,160 8,382,776 54,530 336,495 Tennessee: Jackson Memphis 34,358 980,582 34,662 862,480 99,511 2,946,231 97,093 2,615,997 DISTRICT NO. 9 - MINNEAPOLIS Minnesota: Duluth Mankato Minneapolis Red Wing Rochester St. Cloud St. Paul South St. Paul Winona 144,518 4l, 527 2,292, o4i 8,220 60,698 34,076 1,020,866 82,036 26,617 157,572 35,287 1,972,764 8,338 51,509 32,251 970,741 86,381 22,915 415,802 118,743 6,353,986 24,122 172,228 95,289 2,727,595 249,602 73,394 435,274 107,013 5,811,008 24,222 161,359 91,978 2,721,641 257,615 69,036 Montana: Billings Butte Great Falls Helena 96,366 55,Hl 83,027 50,635 94,114 53,682 75,219 46,676 284,462 162,937 235,494 145,934 279,333 159,865 220,870 135,118 North Dakota: Bismarck Dickinson Fargo Grand Forks Jamestown Minot 34,885 10,779 89,013 37,704 11,114 36,233 31,833 9,846 82,339 32,650 9,759 33,279 104,269 37,064 261,508 110,716 35,907 109,722 93,475 30,410 241,966 101,533 30,756 101,336 South Dakota: Aberdeen Sioux Falls 29,774 122,663 26,667 117,194 84,651 326,905 78,639 340,965 Wisconsin: Eau Claire La Crosse Superior 74,612 72, 207 20,234 61,434 63,159 21,772 191,999 201,278 61,693 173,369 197,917 59,532
DISTRICT NO. 10 - KANSAS CITY BANK DEBITS - (In thousands of dollars) 1 May 1960 Colorado: Colorado Springs 114,459 112,377 324,703 321,024 Denver 1,694,685 1,438,810 4,880,240 4,358,992 Grand Junction 39,827 39,762 115,902 114,945 Greeley 62,956 51,264 184,502 151,454 Pueblo 88,321 81,486 258,299 260,176 Kansas: Atchison 16,4l6 15,460 48,026 48,467 Dodge City 29,402 23,554 83,756 68,443 Emporia 22,989 19,823 65,306 55,814 Hutchinson 56,464 56,337 175,762 169,223 Independence 12,361 11,944 36,578 34,506 Kansas City 150,152 140,018 412,179 384,937 Lawrence 24,174 21,254 69,802 63,600 Manhattan 18,913 18,199 56,621 55,013 Parsons 10,310 9,990 32,010 30,868 Pittsburg 21,721 18,877 61,229 57,172 Salina 56,670 5i,4o4 175,604 161,303 Topeka 205,127 197,887 631,624 572,945 Wichita 473,681 437,358 1,351,620 1,319,568 Missouri: Independence 25,098 22,800 84,321 73,769 Joplin 46,252 44,218 130,555 129,663 Kansas City 2,064,743 1,877,519 6,075,960 5,752,285 St. Joseph 139,021 135,838 398,923 397,849 Nebraska: Fremont 30,446 28,415 87,303 80,172 Grand Island 37,603 36,649 111,691 102,967 Hastings 25,181 24,678 73,473 69,359 Lincoln 202,885 188,744 602,515 556,893 Omaha 963,869 888,008 2,768,752 2,598,970 New Mexico: Albuquerque 304,291 287,207 876,954 860,530 Santa Fe 68,4l4 56,993 198,172 179,211 Oklahoma: Bartlesville 341,434 306,893 1,023,347 960,131 Enid 48,117 42,792 167,248 148,459 Guthrie 6,613 6,569 18,503 18,867 Lawton 34,429 33,319 101,846 98,946 Muskogee 4i, 663 38,595 119,300 115,783 Norman 20,661 17,230 59,115 53,591 Oklahoma City 789,087 668,844 2,260,050 2,003,360 Okmulgee 8,798 8,236 27,938 25,945 Ponca City 37,703 30,845 106,189 89,343 Tulsa 1,038,666 1,039,437 3,060,080 3,061,651 Wyoming: Casper 79,687 66,424 237,972 207,728 Cheyenne 116,551 68,179 238,489 225,4l6-7-
BANK DEBITS - (111 thousands of dollars) Hay 1961 DISTRICT NO. 11 - DALLAS I Arizona: Tucson 259,729 232,617 756,564 710,871 Louisiana: Monroe 88,137 84,407 248,777 254,928 Shreveport 360,351 319,151 1,010,563 1,013,007 New Mexico: Roswell 47,078 39,772 l4l, 172 121,775 Texas: Abilene 101,437 100,738 302,231 291,097 Amarillo 225,724 211,558 655,387 653,130 Austin 255,550 231,279 700,734 674,879 Beaumont 167,616 166,697 495,775 490,517 Corpus Christi 193,464 178,850 577,840 559,024 Corsicana 15,091 15,227 46,390 47,795 Dallas 3,206,912 2,970,565 9,288,093 8,663,196 El Paso 341,979 335,157 1,039,229 1,046,593 Fort Worth 799,062 773,130 2,314,904 2,325,881 Galveston 90,072 93,216 272,400 273,255 Houston 2,805,562 2,584,109 8,093,622 7,785,493 Laredo 30,176 30,660 90,319 90,305 Lubbock 177,725 193,003 561,760 602,455 Port Arthur 66,490 62,284 198,046 192,780 San Angelo 59,058 54,064 157,877 158,866 San Antonio 668,687 613,560 1,934,398 1,837,214 Texarkana (Also see Arkansas, p. 6) 22, 410 23,085 65,668 68,421 Tyler 93,649 88,484 261,829 258,514 Waco 108,229 103,369 333,126 324,649 Wichita Falls 118,129 117,741 353,224 352,522 DISTRICT NO. 12 - SAN FRANCISCO Arizona: Phoenix 800,517 784,436 2,361,314 2,351,353 California: Bakersfield Berkeley Fresno Long Beach Los Angeles Modesto r/ Oakland Pasadena Riverside Sacramento San Bernardino San Diego San Francisco San Jose Santa Barbara Santa Rosa Stockton 166,088 155,943 310,898 343,311 8,114,570 99,092 853,389 268,538 130,012 1,723,049 143,644 1,037,256 5,503,348 433,122 116,278 66,689 157,716 159,162 133,605 277,584 375,003 7,097,978 88,632 847,037 240,468 122,137 1,783,574 145,002 936,192 4,699,665 391,975 90, o4o 58,634 137,116 544,633 464,817 924,808 1,009,4i6 24,216,236 289,860 2,404,831 785,142 387,463 3,880,861 430,133 3,065,848 16,603,946 1,259,810 340,393 200,342 445,126 488,962 428,733 873,054 1,137,230 21,621,512 272,973 2,604,802 740,818 377,886 4,496,373 427,621 2,862,198 14,642,581 1,195,844 275,658 176,610 4ll,487 Idaho: Boise 165,264 l4l, 577 444,944 401,888 Nevada: Reno 142,171 125,802 403,249 368,419 Oregon: Eugene Portland Salem 101,975 1,256,620 161,o4o 93,027 1,274,199 l4o, 601 283,331 3,575,775 473,199 280,730 3,730,793 389,399 Utah: Ogden Salt Lake City 97,128 581,522 91,018 522,310 282,086 1,666,692 277,831 1,617,205 Washington: Bellingham Everett Seattle Spokane Tacoma Walla Walla Yakima 40,905 68,291 1,689,515 307,216 264,793 36,081 74,908 40,553 66,636 1,610,298 278,302 245,258 35,392 72,503 119,773 190,693 4,840,742 863,970 717,763 102,951 217,193 121,401 190,291 4,842,126 845,545 690,000 103,166 213,718 rj Revised figures: Modesto, California: January 1961, 109,510; February 1961, 86,836; March 1961, 98,123.