BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM G.6 (For mmediate Release) August 5, 957 BANK DEBTS TO DEMAND DEPOST ACCOUNTS Bank debs to demand depos accounts, except interbank and Government accounts, as reported by banks in 344 leading centers for the month of July aggre gated $20 billion. During the past three months debs amounted to $59 billion or 6.8 per cent above the total reported for the corresponding period a year ago. At banks in New York Cy there was an increase of f.2 per cent compared wh the corresponding three-months period a year ago; at 6 other centers the increase was 6.4 per cent; and at 337 other centers was 6.7 per cent. Preliminary estimates of the annual rates of turnover of demand deposs in July are 49.5 at New York Cy, 30.5 at 6 other centers, and 23.6 at 337 other centers. SUMMARY BY FEDERAL RESERVE DSTRCTS (n millions of dollars) Federal Reserve District Boston 7,969 7,327 23,72 22,27 New York 79,933 70,896 236,764 22,336 Philadelphia 8,295 7,556 24,927 23,733 Cleveland 4,26 2,823 4,86 39,23 Richmond 7,659 6,925 22,76 2,059 Aanta 8,602 7,582 25,024 22,938 Chicago 29,35 27,48 87,37 8,936 St. Louis 5,474 5,020 5,702 5,057 Minneapolis 3,504 3,295 0,77 9,903 Kansas Cy 7,923 7,2 22,66 2,242 Dallas 8,294 7,685 24,2 22,882 San Francisco 9,454 7,85 56,343 5,928 Total, 344 reporting centers 200,547 8,284 59,056 553,407 New York Cy 74,509 65,873 220,802 206,058 6 other centers* 4,7 38,653 23,780 6,356 337 other centers 84,327 76,757 246,474 230,993 DSTRCT NO. - BOSTON Hartford Conn.,67,3 New Haven t! 398,20 New London 8,30 Waterbury T 08,423 Bangor Maine 72,558 Lewiston-Auburn f! 48,392 Porand 37,697 Boston Mass. 4,23,29 Brockton f 66,777 Fall River 6,765 Holyoke 52,239 Lawrence-Andover-Methuen Mass. 74,622 Lowell Mass. 65,52 Lynn 64,832 New Bedford 66,303 Pisfield 54,863 Springfield 279,22 Worcester 255,424 Concord N. H. 3,080 Manchester 82,422 Providence R.. 537,435 Burlington Vt. 49,679,007,537 395,457 7,003 07,892 68,895 40,333 30,544 3,898,3 68,049 57,07 49,430 64,35 62,084 59,837 65,40 53,780 26,24 226,764 29,349 74,998 489,76 45,27 3 months ended -- 3,395,259,83,568 24,76 344,066 28,20 35,593 394,004 2,64,940 207,947 88,407 60,247 222,033 202,828 95,59 23,986 53,554 86,33 782,003 92,690 247,002,574,586 36,728 * Boston, Philadelphia, Chicago, Detro, San Francisco, and Los Angeles. Digized for FRASER hp://fraser.souisfed.org/ 3,056,57,36,505 205,792 339,623 206,766 25,345 382,522,869, 207,40 87,649 50,865 9,780 92,289 83,428 22,947 49,489 789,8 725,963 93,856 228,585,508,453 25,985
Digized for FRASER hp://fraser.souisfed.org/ G.6a DSTRCT NO. 2 - NEW YORK Bridgeport Conn. Stamford Elizabeth N. J. Jersey Cy Montelair Newark Paterson-Passalc Blnghamton N. Y. Buffalo Elmira Jamestown New York Poughkeepsie Rochester Schenectady Syracuse Utica 284,264 04,499 202,294 482,744 6,027,79,77 484,4 89,076,032,05 64,343 5,00 74,509,397 78,98 659,647 5,3^6 387,67 47,865 259,849 98,830 80,624 47,0 54,490,2,26 43,535 88,828 98,089 65,290 47,673 65,873,462 74,073 569,63 08,37 366,247 3,052 July 957 July 95& 839,232 299,69 577,933,445,934 7,908 3,565,094,45,77 265,222 3,08,797 98,09 62,46 220,802,076 238,252,8l4,9l6 330,535,50,647 43,956 789,236 289,392 546,666,447,93 69,580 3,430,404,240,682 27,96 3,09,476 95,87 52,483 206,058,45 229,62,655,898 326,460,,90 399,957 DSTRCT NO. 3 - PHLADELPHA Wilmington Del. 588,886 Aantic Cy N. J. 05,724 Camden tr 255,24 Trenton t 388,68 Allentown Pa. 40,404 Altoona 48,534 Bethlehem 68,595 Chester 79,224 Harrisburg 209,395 Hazleton 34,393 Johnstown 72,264 Lancaster 06,384 Lebanon 35,856 Norristown 62,722 Philadelphia 5,554,27 Reading 5,200 Scranton 37,93 Wilkes-Barre 98,30 Williamsport fl 39,745 York 7,753 493,678 95,040 254,6 293,835 26,872 43,89 53,060 70,767 88,75 33,708 59,266 0,83 27,089 54,865,43,983 54,495 30,26 89,765 35,447 06,994,669,056 285,48 752,350,08,267 408,57 39,398 208,757 230,303 588,244 99,90 204,392 322,873 03,346 86,96 7,006,524 480,80 400,035 29,397 20,827 347,839,533,4 269,632 753,249 903,827 39,50 30,834 63,897 220,305 553,632 98,253 84,576 35,4 8,086 65,380 6,363,895 48,03 396,679 269,470 5,35 342,59 DSTRCT NO. 4 - CLEVELAND Covington-Newport Ky. Lexington Akron Ohi Canton Cincinnati Cleveland Columbus Dayton Hamilton Lima Lorain Mansfield Middletown Portsmouth Springfield Steubenville Toledo Warren Youngstown Zanesville 67,349 2,52 546,763 95,342,624,273 3,766,704,5,096 483,360 73,07 72,l4l 4,63 82,206 57,7 29,874 73,377 39,95 624,44 84,353 274,276 40,680 64,080 86,843 49,34 88,773,564,359 3,425,043 967,82 464,857 74,235 68,09 37,045 85,825 64,598 29,533 75,670 36,09 590,524 80,956 260,42 4,065 93,74 327,766,578,023 574,998 4,76,865 0,945,394 3,75,357,370,799 2,5 22,990 9,599 229,775 73,84 9,539 27,073,4,827,773 254,509 807,236 24,979 86,40 266,247,433,3 562,49 4,70,558 0,87,427 2,802,276,354,253 28,844 202,783 08,605 255,266 83,05 94,057 220,724 5,875,823,82 247,92 763,237 23,49
Digized for FRASER hp://fraser.souisfed.org/ G.6b (in thousands of dollars) July. 957 July 956 DSTRCT NO. 4 - 'df Buer Pa. 64,65 56,204 86,745 70,73 Erie 62,20 52,080 467,290 452,75 Franklin 9,694 8,774 28,789 27,933 Greensburg 35,502 35,60 04,044 0,993 Oil Cy 25,553 24,77 79,547 80,57 Pisburgh 4,287,756 3,726,6 3,238,789 2,059,447 Sharon 44,709 4,45 33,069 27,904 Wheeling W. Va. 92,872 80,758 268,264 25,27 -P o DSTRCT NO. 5 - RCHMOND Washington D. C.,598,42,496,286 4,755,557 4,492,93 Baltimore Md.,985,728,739,077 5,902,75 5,387,65 Cumberland 33,4 32,457 95,686 90,574 Frederick 28,808 25,86 85,76 80,996 Hagerstown 44,028 5,426 33,590 50,272 Ashevilie N. C. 93,786 74,546 246,544 224,994 Charloe 453,459 425,368,39,394,292,407 Durham 93,375 88,408 292,70 264,832 Greensboro 93,462 68,895 558,446 499,774 Kinston 23,823 22,354 7,720 66,8 Raleigh 240,374 233,533 752,042 682,675 Wilmington 57,432 54,307 69,244 64,638 Wilson 25,48? 20,39 68,752 62,00 Winston-Salem 97,584 78,386 580,242 563,934 Charleston s. c. 04,276 92,575 36,405 278,007 Columbia 23,976 87,060 628,669 577,433 Greenville 62,565 32,45 457,032 422,073 Spartanburg 7,836 68,932 24,088 209,370 Charloesville Va. 45,40 38,259 37,44 2,375 Danville 40,770 39,32 30,7 23,579 Lynchburg 63,948 59,6 88,925 84,058 Newport News 68,292 62,46 200,604 94,399 Norfolk 353,204 323,340,038,022 965,68 Portsmouth f 42,00 37,897 24,059 4,705 Richmond 85,624 73,492 2,43,89 2,43,447 Roanoke 75,979 58,757 58,576 485,032 Bluefield W. Va. 55,703 53,488 85,480 73,426 Charleston 95,520 70,90 59,075 545,394 Clarksburg 44,552 39,99 3,547 24,82 Huntington 95,62 83,659 288,75 26,388 Parkersburg 40,903 35,994 20,888,369 DSTRCT NO. 6 - ATLANTA Anniston Ala. 35,37 36,6 07,744 6,806 Birmingham 744,992 587,678 2,56,57,90,565 Dothan 24,39 2,748 7,88 69,02 Gadsden 32,006 3,099 98,250 92,736 Mobile 264,033 240,089 777,86 739,92 Montgomery 3,422 27,88 395,57 384,348 Jacksonville Fla. 623,355 557,589,882,066,734,609 Miami 76,674 628,583 2,088,95,832,694 Orlando 67,926 24,793 48,988 399,625 Pensacola 86,709 7,809 25,853 223,476 St. Petersburg 60,894 26,974 456,85 380,56 Tampa 30,924 247,526 909,473 805,62!
Digized for FRASER hp://fraser.souisfed.org/ G.6C 3 months ended -- j July 957 July 956 DSTRCT NO. 6 - ATLANTA (Cont'd) Albany- Ga. 53,906 49,59 59,364 54,467 Tt Aanta,720,i4l,56,757 4,954,38 4,524,929 Augusta 84,308 86,586 255,385 276,335 Brunswick 9,640 7,252 57,07 53,062 Columbus 97,95 87,44 296,066 284,462 Elberton 8,088 7,220 24,654 2,235 Macon 02,638 99,076 303,906 33,399 Newnan 5,98 3,65 45,84 4,967 Savannah 76,325 45,638 526,44 44,525 Valdosta 3,59 27,4 75,849 76,647 Baton Rouge L&» 90,595 79,48 560,064 5,065 Lake Charles 80,520 73,099 235,89 225,724 New Orleans,329,785,200,458 3,873,027 3,564,052 Eaiesburg Miss, 3,088 27,374 90,849 83,430 Jackson 205,536 99,3 582,740 574,858 Meridian 36,502 34,250 08,46 03,223 n Vicksburg 20,376 6,856 57,25 50,264 Chaanooga Term. 29,009 267,2 834,556 788,40 Knoxville 73,700 49,44 490,229 465,379 Nashville 643,465 583,02,84,358,695,285 DSTRCT NO. 7 - CHCAGO Aurora. 62,657 60,479 97,500 89,27 Eloomington 66,845 58,658 200,82 87,4 Champaign-Urbana 68,963 62,62 209,22 96,860 Chicago 5,008,04 3,740,077 44,32,302 4,70,676 Danville 50,066 50,38 48,966 55,438 Decatur 8,929 08,752 358,3 338,26 Elgin 44,046 40,07 3,969 9,772 Joliet 75,599 75,389 242,772 236,037 Moline-East Moline Rock sland 05,854 94,649 324,23 290,754 Peoria 244,344 222,09 79,58 680,55 Rockford 74,079 7,075 562,0 526,577 Springfield 24,00 7,08 365,63 347,447 Fort Wayne nd. 255,964 245,796 747,340 732,485 Gary 30,098 08,05 370,280 344,474 Hammond 80,478 72,44 232,032 22,823 ndianapolis,06,495,087,259 3,97,555 3,50,938 Lafayee 67,984 67,752 204,062 88,953 Muncie 80,854 72,429 234,846 220,503 South Bend 20,26 83,657 643,05 576,50 Terre Haute 90,59 82,839 260,458 248,25 Burlington owa 30,37 25,449 92,259 77,455 Cedar Rapids 24,273 23,673 378,996 379,02 Clinton 24,589 2,343 75,043 69,683 Davenport 0,500 04,05 337,723 37,379 Des Moines 484,635 447,559,48,956,359,480 Dubuque 59,20 52,72 79,42 65,675 Mason Cy 45,35 40,325 36,237 25,5 Muscatine 4,99 2,959 45,708 4,653 Oumwa 34,59 33,002 03,658 96,364 Sioux Cy 49,75 37,00 428,20 40,082 Waterloo 89,600 83,72 279,372 265,975
Digized for FRASER hp://fraser.souisfed.org/ G.6d DSTRCT NO. 7 - CHCAGO (Cont'd) Mich. Adrian Bale Creek Bay Cy Detro Flint Grand Rapids Jackson Kalamazoo Lansing Muskegon Port Huron Saginaw Green Bay Kenosha Madison Manowoc Milwaukee Oshkosh Racine Sheboygan Wis. July 957 30,000 79,786 57,043 6,42,234 72,937 328,04 99,545 52,599 57,68 92,8 44,84 26,78 97,388 53,804 79,32 33,96,660,674 38,928 94,025 70,837 July 956 28,727 73,535 54,569 5,965,48 48,220 35,929 87,79 44,500 42,356 83,050 4,758 2,590 94,045 49,64 58,868 34,687,62,800 36,4 84,577 67,3 July 957 TJuly 956 9,564 233,497 70,449 9,453,287 48,969 995,024 288,4 466,863 470,68 276,732 29,597 376,587 294,635 59,997 50,63 00,033 4,902,392 4,545 285,754 97,59 77,507 223,25 59,258 8,475,829 46,069 974,970 266,045 444,783 456,562 262,907 29,726 359,664 285,363 62,800 49,238 99,357 4,62,80 6 2,792 267,766 90,39 DSTRCT NO. 8 - ST. LOUS El Dorado Ark. 32,826 30,253 Fort Smh 59,949 57,444 Helena 9,238 7,830 Lile Rock 22,874 98,800 Pine Bluff 43,004 33,860 Texarkana (See Tex.) " 22,578 2,475 Alton. 40,772 37,259 E. St. Louis & Nat. Stock Yds. 55,85 38,239 Quincy. 44,870 39,625 Evansville nd. 98,2 94,94 Louisville Ky. 936,502 87,642 Owensboro 46,930 46,53 Paducah 30,69 26,026 Greenville Miss. 27,45 25,842 Cape Girardeau MO. 8,400 7,390 Hannibal 2,28 0,797 Jefferson Cy 2,73 89,80 St. Louis 2,559,59 2,37,567 Sedalia 6,56 5,792 Springfield 0,996 96,328 Jackson Term. 25,5 27,689 Memphis 767,72 75,825 DSTRCT NO. 9 - MNNEAPOLS Duluth Minn. 73,48 48,775 Mankato 30,93 28,022 Minneapolis,705,763,632,947 Red Wing 7,050 7,06 Rochester 47,90 39,083 St. Cloud 25,229 22,450 St. Paul 720,790 692,40 South St. Paul 8,978 69,052 Winona 2,236 9,647 96,452 72,973 26,827 625,902 25,475 64,094 23,384 446,942 30,602 568,744 2,659,377 47,459 92,656 79,955 5,497 34,820 260,594 7,334,542 48,543 28,808 74,00 2,255,392 55,648 93,32 4,965,987 22,6 40,453 7,545 2,04,239 230,524 63,72 94,06 70,766 24,73 587,07 0,388 67,048 24,96 4,383 9,850 545,62 2,64,98 42,702 82,03 79,805 5,09 32,448 24,607 7,054,79 49,62 273,836 86,40 2,094,038 485,903 87,359 4,877,707 22,030 09,930 65,693 2,5,090 207,000 65,928
Digized for FRASER hp://fraser.souisfed.org/ G«6e juiy,957 July 956 DSTRCT NO. 9 - MNNEAPOLS (Cont'd) Billings Mont. Bue Great Falls Helena Bismarck N. Dak. Dickinson Fargo Grand Forks Jamestown Minot Aberdeen S. Dak. Sioux Falls 84,80 65,340 68,03 46,392 24,966 6,230 82,83 3,687 9,693 28,838 26,660 88,389 Eau Claire Wis. 47,654 La Crosse 58,863 Superior 20,045 80.783 6,095 63,62 38,798 22,344 5,762 73,447 26,387 8,477 25,246 23,862 88,00 44,356 53.784 9,439 239,94 90,337 93,670 25,22 73,322 8,72 22,420 87,09 27,303 80,624 77,496 255,5 54,853 65,933 59,88 234,272 87,2 8,902,370 69,70 8,040 20,874 77,342 23,965 72,342 72,444 250,93 43,394 66,4c 55,804 DSTRCT NO. 0 - KANSAS CTY Colorado Springs Colo. 97,646 Denver,84,047 Grand Junction 39,700 Greeley 29,832 Pueblo 84,982 Atchison Kans. 8,582 Dodge Cy 6,868 Emporia 4,597 Hutchinson 45,040 ndependence,02 Kansas Cy 24,675 Lawrence 8,326 Manhaan 6,273 Parsons 9,542 Pisburg 6,554 Salina 50,057 Topeka 58,07 Wicha 46,425 ndependence Mo. 36,320 Jopiin 45,343 Kansas Cy,782,786 St. Joseph 28,006 Fremont Neb. 24,488 Grand sland 3,460 Hastings 9,433 Lincoln 47,098 Omaha Albuquerque N. M. 769,59 20,072 Santa Fe 56,267 Baresville Okla. 298,469 Enid 68,532 Guthrie 5,627 Lawton 24,866 Muskogee 34,52 N0man 4,263 Oklahoma Cy Tl 658,083 Okmulgee 8,658 Ponca Cy 30,880 Tulsa,023,626 Casper Wyo. 65,089 Cheyenne 42,350 85,275,00,830 34,074 27,240 7,04 4,89 5,792 4,995 47,423 0,379 4,776 8,085 5,407 9,086 4,967 54,489 48,959 49,6 7,862 4,022,694,608 6,346 24,523 27,372 9,93 32,26 729,784 80,453 50,847 267,709 56,0 5,287 22,867 36,23,987 576,30 9,20 30,025 939,885 56,0 37,69 270,855 3,437,235 0,322 92,30 240,567 48,7 48,66 4,694 27,406 3,767 355,804 52,289 49,068 27,429 48,368 26,57 452,36,309,472 73,937 28,384 4,904,327 349,039 7,6 90,30 60,002 43,622 2,222,662 603,347 59,96 935,27 66,774 6,55 72,245 06,745 40,923,858,244 25,526 83,32 3,026,25 95,66 25,094 252,768 3,047,68 0,922 84,992 2,840 4,602 45,659 42,90 38,765 33,54 343,933 53,739 45,700 27,69 47,099 32,369 440,4,29,672 54,063 22,957 4,826,753 330,53 73,885 85,656 58,893 396,360 2,36,508 530,47 4,596 860,75 67,243 6,738 69,402 03,925 39,033,704,393 26,90 85,467 2,8,608 7,53 6,29
Digized for FRASER hp://fraser.souisfed.org/ G.6f DSTRCT NO. - DALLAS Tucson Ariz. 70,20 Monroe La. 78,809 ff Shreveport 279,627 Roswell N. M. 30,03 Abilene Tex. 9,422 Amarillo 202,599 ff Austin 67,683 Beaumont n 65,75 Corpus Christ! 98,53 tr Corsicana 6,095 Dallas 2,285,620 tf El Paso 279,608 Fort Worth 743,842 Galveston 06,726 Houston 2,36,253 Laredo 23,389 Lubbock 33,5 Port Arthur 63,329 San Angelo 48,827 San Antonio 537,228 Texarkana (See Ark.) 22,725 Tyler 86,574 Waco 95,358 Wicha Falls 06,397 July 957 JUly 956 60,89 6,678 25,864 27,332 74,292 64,824 62,673 39,476 80,448 5,343 2,37,92 23,454 708,500 89,22 2,269,622 20,553 3,64 55,353 44,394 492,529 20,068 75,960 86,054.0,38 July 957 July 956' 49,53 2,239 828,75 89,342 255,634 534,5^ 472,599 475,76 573,929 45,672 6,582,30 826,529 2,35,040 30,595 7,043,82 73,576 405,326 87,603 42,234,549,770 60,085 250,7 272,802 303,065 47,679 84,583 807,37 8,273 224,262 486,3 452,337 40,274 522,79 44,542 6,306,400 725,349 2,035,402 263,070 6,805,974 68,953 35,443 66,267 32,997,49,562 59,6 224,846 26,783 303,259 DSTRCT NO. 2 - SAN FRANCSCO Phoenix r/ Ariz. Bakersfield Calif. Berkeley f Fresno Long Beach Los Angeles T Modesto Oakland Pasadena Riverside Sacramento San Bernardino San Diego f San Francisco f San Jose f Santa Barbara Santa Rosa Stockton Boise daho Reno Nev. Eugene Ore. f Porand Salem Ogden Utah Salt Lake Cy Bellingham Wash. Evere Seale Spokane Tacoma Walla Walla Yakima 489,902 38,744 34,782 20,850 40,792 6,323,979 76,297 753,357 27,478 02,465 889,048 3,623 79,794 4,99,08 292,729 89,280 39,399 96,8 2,522 96,586 8,38 980,428 07,709 9,825 493,96 40,76 54,2,479,272 279,362 24,73 35,966 70,39 397,360 30,887 9,49 93,952 380,755 5,67,646 68,724 686,920 26,948 93,404 753,737 7,83 573,568 4,288,099 249,058 74,08 36,653 94,478 03,673 86,782 8,302 939,533 9,40 73,548 420,85 36,223 55,05,262,977 255,50 29,672 34,628 6,32,378,495 386,99 390,04 595,273,,798 8,008,240 220,47 2,24,832 627,026 302,25 3,079,552 327,427 2,024,24 2,384,5 842,460 243,058 2,83 279,60 32,235 258,456 233,323 2,975,249 296,483 24,7,442,209 8,02 57,358 4,26,564 80,730 649,330 95,65 96,534,5,7 398,89' 349,046 583,434,060,77$ 6,626,495 206,669,936,48 598,26 28,243 2,67,383 338,662,638,,849,667 687,76 29,505 0,792 277,63 295,09 242,456 25,528 2,797,346 285,767 28,620,23,285 09,540 66,805 3,694,537 770,873 654,766 9,678 86,967 r/ Revised figures: Phoenix, Arizona, for 957: January 544,430, February 42,826 ~ March 454,990, April 460,785, May 448,734. Revised to include debs of two addional reporting offices. Published figures for prior years have not been revised, but totals for 956 would be increased by approximately 6 per cent.