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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM G.6 (For Immediate Release) April l4, 1959 BANK DEBITS TO DEMAND DEPOSIT ACCOUNTS Bank debits to demand deposit accounts, except interbank and Government accounts, as reported by banks in 344 leading centers for the month of March aggregated $223 billion. During the past three months debits amounted to $64l billion or 7.1 per cent above the total reported for the corresponding period a year ago. At banks in New York City there was an increase of 1.7 per cent compared with the corresponding three-months period a year ago; at 6 other centers the increase was 11.0 per cent; and at 337 other centers it was 10.7 per cent. Preliminary estimates of the annual rates of turnover of demand deposits in March are 54.5 at New York City, 34.2 at 6 other centers, and 23.6 at 337 other centers. SUMMARY BY FEDERAL RESERVE DISTRICTS (in millions of dollars) Federal Reserve District Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco March 1959 8,6l4 90,408 8,993 14,383 8,413 10,147 33,487 5,865 3,801 8,580 8,798 21,929 Total, 344 reporting centers New York City 6 other centers* 337 other centers 223,419 84,710 47,485 91,224 March 1958 7,786 89,469 3 months ended -March 1955" March 1959 24,569 25,658 7,847 12,546 7,138 8,379 40,658 24,361 29,535 92,390 16,540 10,937 24,724 26,578 28,619 5,190 3,287 7,504 7,945 84,409 40,363 79,098 37,484 21,221 25,316 83,966 15,522 9,924 22,633 24,421 55,385 63,222 18,160 203,870 22,735 256,637 23,261 261,975 641,149 245,564 131,624 598,507 241,567 118,544 238,397 263,961 DEBITS BY BANKS IN EACH REPORTING CENTER ;In thousands of dollars) DISTRICT NO. 1 - BOSTON Hartford Conn. t! New Haven rt New London H Waterbury Bangor Maine ft Lewiston-Auburn 11 Portland Boston Mass. It Brockton II Fall River 1 1 Holyoke i f Lawrence Lowell Mass. «i Lynn f f New Bedford i f Pittsfield 11 Springfield Worcester Concord N. H. II Manchester Providence R. I. Burlington Vt. March 1959 March 1958 1,204,905 394,974 80,029 109,606 72,843 48,542 140,591 4,655,012 1,144,602 80,496 68,638 61,453 61,286 71,918 68,854 70,920 54,828 304,024 279,418 34,366 88,954 612,291 49,754 380,062 75,219 98,690 64,711 42,265 124,738 4,161,239 64,997 61,336 52,843 3 months ended -March 195*5" March 1959 3,488,543 1,187,277 238,946 321,927 224,480 138,425 406,228 13,084,859 233,230 200,840 176,752 56,876 65,064 181,498 205,067 63,788 67,175 44,715 161,506 267,281 237,423 33,479 79,880 556,525 42,778 3,373,514 1,125,188 217,240 297,323 395,848 11,895,444 199,597 200,463 208,929 860,130 778,834 93,973 259,440 1,772,860 145,031 *Boston, Philadelphia# Chicago, Detroit, San Francisco, and Los Angeles. 196,516 132,052 181,482 155,939 167,390 195,367 193,028 199,603 141,435 811,130 704,376 92,714 240,063 1,692,993 126,959 0.6a DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) DISTRICT NO. 2 - NEW YORK Conn. Bridgeport Stamford N. J. Elizabeth Jersey City Montelair Newark Paterson-Passaic N. Y. Binghamton Buffalo. Elmira Jamestown. New York Poughkeepsie Rochester• Schenectady Syracuse Utica DISTRICT NO. 3 - PHILADELPHIA Del. Wilmington Atlantic City N. J. Camden Trenton Allentown Pa Altoona Bethlehem Chester Harrisburg Hazleton Johnstown Lancaster Lebanon Norristown Philadelphia Reading Scranton Wilkes-Barre Williamsport York DISTRICT NO. 4 - CLEVELAND Ky. Covington-Newport 11 Lexington Ohio Akron It Canton f t Cincinnati I t Cleveland 11 Columbus 11 Dayton 11 Hamilton 11 Lima 11 Lorain It Mansfield 11 Middletown 11 Portsmouth 11 Springfield 11 Steubenville It Toledo tl Warren If Youngstown 11 Zanesville March 1959 March 1958 259,083 128,549 208,805 560,523 66,479 1,342,693 486,939 88,881 1,018,004 239,189 105,338 174,505 462,798 52,982 62,669 50,955 84,710,430 85,035 692,176 97,472 408,454 140,868 701,647 88,339 272,061 1,226,382 412,064 80,328 938,139 58,629 46,506 84,409,229 71,255 601,824 99,875 368,388 119,622 583,187 70,563 233,088 359,778 139,484 47,367 66,420 388,228 85,271 72,477 182,074 28,907 60,845 100,134 209,950 30,788 66,975 121,460 30,629 70,694 6,129,002 161,255 141,897 104,138 40,807 125,357 65,885 114,667 581,646 200,749 1,720,438 3,572,842 1,027,373 502,935 85,866 66,372 39,500 85,393 71,808 31,430 75,313 37,278 656,025 80,756 254,124 42,530 128,298 40,283 63,660 30,886 59,269 5,280,223 146,850 133,654 97,184 36,074 111,418 57,274 106,801 480,713 165,731 1,546,698 3,134,483 964,709 431,537 66,922 62,048 33,487 74,796 59,461 26,549 65,188 34,428 572,407 66,195 223,105 38,198 3 months ended — March 1959 1 March 1955 728,258 333,563 534,919 1,405,421 167,255 3,469,170 1,281,309 255,732 2,782,810 179,195 135,775 241,567,245 220,627 1,785,229 1,962,690 306,257 288,484 1,121,051 1,214,283 403,344 363,354 758,791 381,138 613,712 1,589,948 192,581 3,783,034 1,439,259 263,577 2,929,951 189,472 145,828 245,563,864 254,599 1,972,690 257,347 785,264 1,089,344 398,367 134,240 184,056 246,680 605,093 95,957 191,123 346,687 90,262 204,699 17,422,936 463,460 405,194 305,946 117,179 341,910 197,781 391,288 1,635,967 550,000 4,937,272 10,291,179 3,082,780 1,400,755 223,678 191,706 113,340 231,243 192,492 86,071 221,070 105,284 1,808,434 234,286 719,184 116,837 1,669,296 221,830 718,258 1,122,739 383,357 122,150 190,067 219,908 541,524 88,471 180,045 308,079 92,866 178,186 15,658,668 453,388 385,721 288,215 107,407 331,062 . 175,800 360,272 1,461,983 495,849 4,629,970 9,652,319 2,930,058 1,266,333 197,612 187,368 96,461 211,333 169,834 80,536 193,561 98,866 1,709,719 208,921 684,497 112,734 0.6b DEBITS BY BANKS IN EACH REPORTING CENTER (in thousands of dollars) 3 months ended -March 1959 I March 1955" March 1959 March 1958 DISTRICT NO. 4 - CLEVELAND (Cont'd) 54,114 Pa. Butler II 153,999 Erie II 9,980 Franklin I I Greensburg 30,552 II 26,500 Oil City I I 4,668,091 Pittsburgh II 46,364 Sharon 60,646 W. Va. Wheeling 49,414 135,436 8,591 29,625 23,092 3,975,974 38,455 74,864 154,860 424,325 28,933 89,557 76,456 12,785,378 127,204 240,823 1,450,488 1,798,565 26,349 29,013 45,246 74,098 459,391 86,593 191,537 21,732 279,025 50,348 22,354 180,964 105,681 211,343 5,372,760 5,722,318 89,034 88,174 140,428 246,635 1,582,931 284,030 715,597 DISTRICT NO. 5 - RICHMOND Washington D. C. Baltimore Md, Cumberland Frederick Hagerstown Asheville N. C. Charlotte Durham Greensboro Kinston Raleigh Wilmington Wilson Winston-Salem Charleston S. C. Columbia Greenville Spartanburg Charlottesville Va. Danville Lynchburg Newport News Norfolk Portsmouth Richmond Roanoke Bluefield W. Va. Charleston Clarksburg Huntington Parkersburg DISTRICT NO. 6 - ATLANTA Ala. Anniston It Birmingham II Dothan II Gadsden If Mobile II Montgomery Fla. Jacksonville II Miami II Orlando II Pensacola It St. Petersburg 11 Tampa 1,880,327 2,024,065 30,322 30,989 46,642 81,398 555,678 92,854 242,179 23,037 299,318 58,662 27,299 219,035 114,888 224,736 186,019 83,234 49,784 45,976 69,041 78,760 352,591 46,562 958,171 184,801 47,017 192,355 39,675 86,586 41,186 38,056 799,236 31,625 36,110 267,026 167,592 831,893 940,809 251,411 86,822 239,683 440,021 152,496 67,422 45,680 43,046 58,576 62,376 316,353 40,392 753,199 159,565 55,459 184,719 40,205 89,944 36,116 32,955 699,175 25,393 28,101 247,407 134,061 664,451 794,617 167,378 78,361 165,456 336,490 79,200 824,027 169,945 81,596 665,033 3^1,395 679,899 537,094 246,941 144,830 138,851 200,704 222,542 1,006,587 130,846 2,902,486 518,141 140,984 576,039 116,482 276,065 119,755 113,300 2,352,963 95,657 109,876 787,855 484,379 2,376,415 2,695,773 745,865 254,269 708,613 1,267,795 147,684 400,683 25,537 89,162 70,131 11,480,047 117,790 229,298 4,327,593 5,197,640 82,018 80,491 130,654 224,388 1,393,479 264,792 576,528 71,630 770,432 154,391 67,859 534,842 307,834 632,957 472,206 210,356 132,950 147,161 177,051 181,103 948,313 118,252 2,254,544 481,165 172,941 597,369 125,783 268,450 115,865 99,558 2,076,297 75,654 86,925 761,164 393,720 2,076,562 2,329,210 513,014 236,934 510,357 1,016,420 G.6C DEBITS Bf B A M S IN EACH REPORTING CENTER (in thouaibdi W dollars) *4 m i'A.* • 1 • 1 !• 1 i... - March 1959 DISTRICT NO. 6 - ATLANTA. (Cont'd) 6l,816 Ga. Albany It 1,983,532 Atlanta II 104,838 Augusta 11 26,806 Brunswick tt 101,727 Columbus II 8,853 Elberton It 123,348 Macon 11 Newnan 17,553 II 207,190 Savannah It 32,735 Valdosta 264,914 Baton Rouge La. It 88,149 Lake Charles II 1,346,552 New Orleans Hattiesburg 34,609 Miss. II Jackson 273,421 It 46,223 Meridian II 18,037 Vicksburg 335,408 Chattanooga Tenn. It 228,865 Knoxville It 711,906 Nashville DISTRICT NO. 7 -CHICAGO Aurora 111. II Bloomlngton II Champaign-Urbana II Chicago II Danville II Decatur It Elgin II Joliet Moline-East MolineII Rock Island II Peoria II Rockford It Springfield Fort Wayne Ind. II Gary It Hammond II Indianapolis It Lafayette It Muncie II South Bend II Terre Haute Burlington Iowa It Cedar Rapids n Clinton it Davenport it Des Moines it Dubuque 11 Mason City if Muscatine 1 1 Ottumwa it Sioux City it Waterloo 74,056 76,889 76,648 17,929,087 48,975 120,352 48,124 83,626 105,307 246,084 191,234 128,788 271,636 135,531 81,318 1,302,799 72,780 84,497 231,153 86,885 36,430 138,392 27,583 121,840 589,010 69,723 43,477 18,276 36,795 190,569 98,209 March 1958 52,047 1,586,858 86,687 18,920 89,738 8,230 101,561 15,363 168,311 22,470 201,563 84,926 1,234,678 29,080 190,497 34,910 16,572 273,322 200,838 3 months ended -March 1959 I March 1958 183,038 5,619,621 298,237 76,244 293,517 25,649 357,035 53,534 581,642 93,564 804,551 270,159 3,938,022 102,819 808,522 126,098 55,998 976,439 674,974 160,669 4,798,508 257,359 62,676 274.172 23,743 304.173 48,529 506,125 69,357 600,767 258,076 3,745,468 90,758 577,304 104,001 53,459 837,649 606,872 588,647 2,202,927 1,758,934 65,722 70,938 72,683 15,234,500 46,576 122,359 42,477 76,547 209,654 210,672 236,645 192,063 197,039 211,822 43,453,623 139,353 347,016 124,594 225,089 47,812,915 149,874 347,848 138,504 252,083 99,415 208,295 180,153 128,078 232,279 103,951 72,687 311,940 689,221 548,468 384,058 789,998 376,861 233,545 3,649,908 216,476 197,513 654,038 249,565 105,128 407,329 81,532 354,772 1,647,074 210,378 131,858 51,589 107,329 566,854 1,036,825 66,821 70,821 80,564 33,306 124,092 25,449 111,376 517,673 60,720 45,037 17,506 33,004 163,866 94,245 238,320 302,210 294,254 608,542 517,261 366,640 703,481 328,078 215,114 3,171,784 199,007 214,362 586,023 241,114 93,946 355,324 74,876 324,860 1,476,807 180,802 127,887 46,464 102,362 475,639 276,906 G.6d DEBITS BY BANKS IN EACH REPORTING CENTER (in thousands of dollars) March 1959 DISTRICT NO. 7 - CHICAGO (Cont'd) 29,8^6 Mich. Adrian 82,847 Battle Creek 55,010 Bay City6,870,265 Detroit 186,723 Flint Grand Rapids 352,271 Jackson 97,770 193,131 Kalamazoo 153,990 Lansing 90,328 Muskegon 40,342 Port Huron 118,913 Saginaw Wis. 98,861 Green Bay 69,166 Kenosha 202,877 Madison 39,738 Manitowoc 1,819,613 Milwaukee 42,650 Oshkosh 107,104 Racine Sheboygan 71,206 DISTRICT NO. 8 - ST. LOUIS El Dorado Ark. II Port Smith I I Helena I I Little Rock II Pine Bluff " Texarkana (See Tex.) 111. Alton E. St. Louis & Nat. Stock Yds. 111. Quincy Ind. Evansvilie Ky. Louisville II Owensbor0 II Paducah Miss. Greenville Mo. Cape Girardeau It Hannibal I I Jefferson City I I St. Louis I I Sedalia I I Springfield Tenn. Jackson II Memphis DISTRICT NO. 9 - MINNEAPOLIS Minn. Duluth II Mankato II Minneapolis II Red Wing I I Rochester I I St. Cloud I I St. Paul I I South St. Paul II Winona 35,456 64,460 10,546 251,541 49,539 23,658 47,618 150,088 48,560 183,655 949,908 52,277 34,510 30,744 18,700 12,474 100,110 2,790,367 17,270 112,676 32,388 848,365 141,919 35,770 1,892,759 8,671 51,212 27,489 787,376 85,882 22,667 March 1958 27,351 79,339 50,845 5,765,512 146,278 313,418 81,817 149,000 143,725 82,940 36,921 109,463 95,938 55,422 179,316 37,530 1,635,395 38,386 91,816 62,935 28,397 55,575 9,604 207,649 44,452 19,305 40,643 141,849 40,651 167,686 842,303 46,688 31,275 26,153 16,629 11,916 142,707 2,420,355 15,719 93,161 24,830 762,250 130,914 31,632 1,598,616 7,633 46,035 22,269 684,312 88,103 21,738 3 months ended March 1959 I March 1956 88,115 241,364 166,967 19,491,527 550,953 1,028,503 291,637 562,781 460,134 270,387 121,492 354,661 279,426 81,272 227,587 157,642 17,756,772 466,288 941,487 264,064 457,971 443,637 265,784 115,470 338,069 288,576 192,605 160,950 539,092 101,075 4,904,339 114,868 280,281 188,924 102,790 87,267 168,501 29,812 611,722 580,046 109,453 5,301,354 123,414 304,313 204,543 186,907 32,331 710,600 144,740 70,104 129,971 433,793 139,870 530,694 2,717,608 173,870 101,820 97,926 57,139 36,614 341,961 7,630,202 53,714 323,306 87,559 2,436,315 416,219 103,924 5,378,382 24,647 149,608 78,315 2,294,155 261,888 67,104 136,437 59,730 116,225 421,776 123,339 528,365 2,571,630 147,616 94,557 86,817 50,756 34,612 350,192 7,035,245 50,546 294,702 75,474 2,446,715 409,435 93,363 4,829,157 22,284 136,164 66,174 2,088,588 258,835 64,307 G.6e DEBITS BY BANKS IN EAOH REPORTING CENTER (In thousands of dollars) March 1959 DISTRICT NO. Billings Butte Great Falls Helena Bismarck Dickinson Fargo Grand Forks Jamestown Minot Aberdeen Sioux Falls Eau Claire La Crosse Superior Mont. II It II N. Dak. it 70,066 47,451 31,904 9,260 11 11 11 84,210 30,165 S. Dak. 11 32,090 29,601 110,002 it Wis. M II DISTRICT NO. 10 - KANSAS CITY Colo. Colorado Springs It Denver 11 Grand Junction I I Greeley I I Pueblo Kane. Atchison it Dodge City n Emporia 11 Hutchinson n Independence u Kansas City 11 Lawrence i t Manhattan 1 1 Parsons 11 Pittsburg 11 Salina if Topeka 11 Wichita Mo. Independence it Joplin 11 Kansas City 11 St, Joseph Neb. Fremont 11 Grand Island 11 Hastings it Lincoln it Omaha N. M. Albuquerque 11 Santa Fe OklBe Bartlesville If Enid I I Guthrie I I Lawton 11 Muskogee II Norman I I Oklahoma City I t Okmulgee It Ponca City II Tulsa Wyo. Casper II Cheyenne mm 10,861 55,197 67,303 18,577 118,250 1,357,551 36,649 44,735 86,059 16,899 23,889 19,096 53,048 11,742 133,107 20,272 19,345 9,473 17,932 50,435 165,029 471,674 26,907 45,962 1,941,151 133,843 23,075 33,540 22,150 162,618 873,175 284,355 55,783 303,514 60,001 6,014 32,918 40,172 17,018 681,188 9,032 28,740 1,026,038 69,189 48,855 March 1958 3 months ended -March 195& March 1959 81,538 54,154 55,494 44,347 267,602 158,636 8,438 74,884 29,094 9,562 25,493 24,453 90,883 51,629 59,436 19,235 28,864 244,757 85,870 90,840 1,205,391 34,119 37,917 77,892 330,147 3,786,835 27,090 13,881 19,388 13,962 47,133 10,715 120,297 19,469 16,822 8,513 15,323 38,822 154,529 424,689 18,336 40,727 1,603,872 115,471 25,630 28,468 18,582 147,482 756,072 221,575 55,824 297,475 52,762 4,973 23,290 37,268 15,636 590,734 8,549 27,359 954,611 64,702 45,275 216,319 137,684 89,612 32,669 94,442 83,422 329,279 152,963 183,325 57,784 108,181 132,547 236,123 48,993 72,214 55,404 166,748 34,941 391,173 62,400 58,666 28,359 53,682 153,450 482,912 1,359,002 72,577 133,146 5,444,856 392,768 70,112 97,837 67,407 485,200 2,534,393 792,242 165,309 882,799 183,387 18,070 93,727 121,650 49,867 1,993,876 27,386 84,417 3,069,454 218,890 163,280 239,388 161,242 181,518 129,294 79,060 25,692 228,411 83,938 27,906 83,029 73,098 272,062 144,706 169,199 57,499 271,797 3,445,242 103,327 112,439 228,883 44,098 59,036 45.090 141,887 31,977 359,423 57,730 49,820 26,321 46,860 129,970 457,543 1,305,261 66,802 122,887 4,888,568 354,388 75,021 87,879 58,807 441,861 2,260,699 645,296 159,476 853,763 151,334 16,264 72.091 116,474 49,172 1,861,221 26,663 84,770 2,993,007 202,774 127,408 G.6f DEBITS BY BANKS IN EApB REPORTING CENTER (In thousands of dollars) DISTRICT NO. 11 - DALLAS Tucson Ariz. Monroe La. Shreveport " Roevell N. M. Abilene Tex. Amarlllo Austin Beaumont Corpus Chrlsti Corslcana Dallas El Paso Fort Worth Galveston Houston Laredo Lubbock Port Arthur San Angelo San Antonio Texarkana (See Ark.) Tyler Waco Wichita Falls DISTRICT NO. 12 - SAN FRANCISCO Phoenix r/ Ariz. Bakersfleld Calif. Berkeley Fresno 1/ Long Beach Los Angeles Modesto 1/ Oakland Pasadena Riverside Sacramento San Bernardino 1/ San Diego San Francisco San Jose Santa Barbara Santa Rosa Stockton 1/ Idaho Boise Nev. Reno Ore. Eugene Portland Salem Ogden Utah Salt Lake City Wash. Belllngham Everett Seattle Spokane Tacoma Walla Walla Yakima March 1959 March 1958 232,899 76,422 315,175 35,780 98,004 221,993 207,231 157,721 188,212 i6,4oi 2,492,536 377,446 781,284 87,234 178,506 62,711 288,877 32,714 86,438 181,127 2,269,763 25,829 181,021 57,869 54,677 590,289 21,523 87,446 105,159 116,438 190,888 151,555 182,054 14,494 2,195,806 292,317 674,116 224,491 925,559 106,637 289,148 639,634 592,920 463,869 567,088 25,142 149,289 66,103 44,413 500,930 51,454 7,528,515 1,083,303 2,318,301 253,346 7,172,409 77,465 599,279 180,231 155,936 1,700,274 77,324 92,748 94,126 308,004 340,379 668,505 83,157 2,267,112 18,672 643,069 148,019 137,761 260,136 388,967 7,407,941 82,496 841,630 228,481 109,918 1,184,581 130,970 844,962 4,493,612 374,365 89,719 54,455 119,973 134,117 104,053 83,735 499.491 119,746 116,761 199,037 330,185 5,967,737 73,522 667,309 191,326 103,775 1,069,079 112,807 91,281 537,250 39,498 59,659 1,578,660 260,310 224,528 32,141 71,172 101,991 1,058,870 3 months ended — March 1959 I March 1955" 118,380 649,152 3,954,038 259,650 74,375 45,442 80,400 109.492 76,100 64,799 907,108 83,508 436,728 35,517 47,575 1,266,154 a 27,213 63,604 63,605 261,720 1,! $6,444 31,641 415,532 811,142 1,115,896 21,140,771 251,337 2,374,008 670,202 330,756 3,690,203 387,378 2,417,477 12,671,297 1,049,171 257,230 158,689 352,918 402,236 302,106 243,939 3,189,870 383,118 259,892 1,503,536 112,947 166,854 4,361,582 771,556 665,089 92,808 204,838 531,569 204,294 854,999 96,995 259,778 537,357 536,091 462,473 549,242 48,621 6,894,190 898,304 2,058,595 264,820 6,900,953 76,344 512,981 198,794 140.738 1,524,004 56,245 244,777 276.739 292,136 1,576,060 421,526 371,270 666,566 1,022,798 17,941,459 243,255 2,088,277 606,489 303,314 3,415,314 354,424 2,007,792 11,837,649 830.626 238,803 138,844 249,382 328.627 240,109 202,933 2,802,803 322,499 249,532 1,369,129 105,943 151,777 3,725,013 723,564 573,708 83,702 191,783 r/ Revised figure: Phoenix Ariz.: Jan. 1959, 688,201. Revised due to substitution ~ of six reporting offices for three former reporting offices# Published figures for prior years have not been revised but total for 1958 would be increased by 1/ Figures*in*lude le$itsCofAdditional reporting offices beginning withJan., 1959* "* Back figures have not been revised, but the totals reported for 1958 xrould be increased by approximately 10 per cent for Fresno; 5 per cent for Modesto; 6 per cent for San Bernardino; 24 per cent for Stockton.
@FedFRASER