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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
(For Immediate Release)

G.6

April 15, i960

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 344 leading centers for the month of March aggregated $246 billion.
During the past three months debits amounted to $698 billion or 8.8 per cent above the total
reported for the corresponding period a year ago. At banks in New York City there was an increase
of 10.0 per cent compared with the corresponding three-months period a year ago; at 6 other centers
the increase was 8.1 per cent; and at 337 other centers it was 8.1 per cent.

SUMMARY BY FEDERAL RESERVE DISTRICTS
(in millions of dollars)
Three months ended
March I960 | March 1959

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Total, 344 reporting centers
New York City
6 other centers*
337 other centers

March i960

March 1959

9,274
102,687
9,829
16,122
8,768
10,664
36,039
6,097
4,035
8,950
9,948
23,283

Federal Reserve District

8,622
90,408
8,993
14,383
8,413
10,131
33,442
5,865
3,801
8,580
8,798
21,929

26,511
287,878
28,070
45,562
25,973
31,112
101,437
17,661
11,624
25,648
28,973
67,312

24,596
261,975
25,658
40,658
24,361
29,488
92,346
16,540
10,937
24,724
26,578
63,222

245,695
96,593
50,410
98,693

223,367
84,710
47,485
91,172

697,760
270,179
142,340
285,241

641,085
245,564
131,624
263,896

ANNUAL RATE OF TURNOVER OF DEMAND DEPOSITS
EXCEPT INTERBANK AND U. S. GOVERNMENT DEPOSITS
Without
seasonal adjustment
Feb.
Mar.
Mar.
i960
i960
1959

Adjusted for
seasonal variation
Mar.
Feb.
Mar.
i960
i960
1959

60.3

56.3

54.6

57.9

58.5

52.4

6 other centers*

2/36.6

33.4

34.3

p/33.9

35.7

31.8

337 other centers

1/25.7

25.0

24.0

2/25.8

26.4

24.0

New York City

*Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.



2/ Preliminary.

B A M DEBITS
- March I960
(In thousands of dollars)
March i960

March 1959

Three months ended
March I960
March 1959

DISTRICT NO. 1 - BOSTON
Connecticut:

Hartford
New Haven
New London
Waterbury

Maine:

Bangor
Levis ton-Auburn
Portland

Massachusetts:

Boston
Brockton
Fall River
Holyoke
Lawrence
Lowell
Lynn
New Bedford
Pittsfield
Springfield
Worcester

New Hampshire:

1,324,959
457,182
86,562
151,992

1,204,905
394,974
80,029
109,606

3,688,741
1,309,824
251,197
401,196

3,488,543
1,187,277
238,946
321,927

85,723
49,335
163,396

72,843
48,542
140,591

242,578
143,754
468,994

224,480
138,425
406,228

4,858,788
86,138
71,072
67,462
70,060
91,410
77,064
80,444
63,528
342,589
303,417

4,655,012
80,496
68,638
61,453
61,286
80,667
68,854
70,920
54,828
304,024
279,418

14,008,057
248,202
200,842
191,838
199,634
246,509
220,157
231,215
183,802
949,656
846,495

13,084,859
233,230
200,840
176,752
181,498
231,889
200,463
208,929
161,506
860,130
778,834

Concord
Manchester

39,473
97,205

34,366
88,954

105,716
283,245

93,973
259,440

Rhode Island:

Providence

653,076

612,291

1,930,824

1,772,860

Vermont:

Burlington

52,697

49,754

158,985

145,031

DISTRICT NO. 2 - NEW YORK
Connecticut:

Bridgeport
Stamford

New Jersey:

Elizabeth
Jersey City
Montelair
Newark
Paters on-Pas saic

New York:

Binghamton
Buffalo
Elmira
Jamestown
New York
Poughkeepsie
Rochester
Schenectady
Syracuse
Utica




282,492
149,514

259,083
128,549

818,021
439,515

758,791
381,138

241,299
589,027
79,159
1,521,037
509,213

208,805
560,523
66,479
1,342,693
486,939

699,021
1,701,221
222,703
4,353,537
1,518,709

613,712
1,589,948
192,581
3,783,034
1,439,259

90,514
992,559
69,873
51,571
96,592,538
96,924
742,175
104,483
428,373
146,703

88,881
1,018,004
62,669
50,955
84,710,430
85,035
692,176
97,472
408,454
140,868

272,654
2,913,088
202,258
146,230
270,179,154
283,222
2,132,929
309,302
1,259,390
427,034

263,577
2,929,951
189,472
145,828
245,563,864
254,599
1,962,690
288,484
1,214,283
403,344

- 2 -

March i960

March 1959

B A M DEBITS
- wMarch I960
>s)
(In thousands of dollars
Three months ended
March i960 | March 1959

DISTRICT NO. 3 - PHILADELPHIA
Delaware:

Wilmington

845,918

701,647

2,371,819

1,972,690

New Jersey:

Atlantic City
Camden
Trenton

92,570
349,886
365,064

88,339
272,061
359,778

277,844
950,347
1,129,979

257,347
785,264
1,089,344

Pennsylvania:

Allentown
Altoona
Bethlehem
Chester
Harrisburg
Hazleton
Johnstown
Lancaster
Lebanon
Norristown
Philadelphia
Reading
Scranton
Wilkes-Barre
Williamsport
York

152,627
48,580
70,465
92,385
226,837
34,480
71,377
129,501
35,023
76,895
6,626,254
184,956
140,530
111,087
42,331
131,781

139,484
47,367
66,420
85,271
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

437,220
143,556
208,346
264,053
646,421
105,769
203,832
393,211
100,705
229,743
18,868,207
523,217
402,923
310,010
123,021
379,907

398,387
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

DISTRICT NO. k - CLEVELAND
Kentucky:

Covington-Newport
Lexington

Ohio:

Akron
Canton
Cincinnati
Cleveland
Columbus
Dayton
Hamilton
Lima
Lorain
Mansfield
Middletown
Portsmouth
Springfield
Steubenville
Toledo
Warren
Youngstown
Zanesville

Pennsylvania:

West Virginia:

Butler
Erie
Franklin
Greensburg
Oil City
Pittsburgh
Sharon
Wheeling

68,554
144,704

65,885
114,667

206,879
484,213

197,781
391,288

602,928
215,919
1,869,915
4,009,472
1,090,186
550,800
83,612
71,304
42,922
94,319
72,725
32,406
82,099
40,524
745,211
95,467
277,856
43,643

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

1,731,036
624,389
5,377,264
11,791,121
3,132,546
1,565,533
234,085
208,773
129,022
261,831
195,598
92,985
231,997
122,319
2,082,344
271,039
828,396
127,163

1,635,967

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

64,161
164,304

54,114
153,999
9,980
30,552

154,860
424,325
28,933
89,557
76,456
12,785,378
127,204
240,823

33,849
26,955
5,447,694
49,315

4,668,091
46,364

182,008
470,520
31,936
106,312
79,348
14,588,952
142,990

90,092

80,646

261,283

10,827

tV




-3-

26,500

550,000

BANK DEBITS - March. I960
(In thousands of dollars)""
March i960
District of
Columbia:
Maryland:

Washington
Baltimore
Cumberland
Frederick
Eagerstown
North Carolina: Asheville
Charlotte
Durham
Greensboro
Kinston
Raleigh
Wilmington
Wilson
Winston-Salem
South Carolina: Charleston
Columbia
Greenville
Spartanburg
Virginia:
Charlottesville
Danville
Lynchburg
Newport News
Norfolk
Portsmouth
Richmond
Roanoke
West Virginia:
Bluefield
Charleston
Clarksburg
Huntington
Parkersburg

March 1959

DISTRICT NO. 5 - RICHMOND

1,880,499
1,880,327
2,112,739
2,024,065
30,322
31,595
33,079
30,989
48,760
46,642
82,050
81,398
572,726
555,678
104,501
92,854
249,160
242,179
23,449
23,037
310,186
299,318
58,932
58,662
28,867
27,299
232,390
219,035
126,351
114,888
262,156
224,736
205,921
186,019
88,115
83,234
49,004
49,784
46,655
45,976
69,041
73,830
78,760
86,212
352,591
390,894
46,562
49,271
971,790
958,171
187,111
184,801
48,844
47,017
230,209
192,355
39,675
42,960
86,586
96,171
4l,i86
43,097
DISTRICT NO. 6 - ATLANTA
Alabama:
Anniston
39,682
38,056
Birmingham
851,324
799,236
Dothan
35,649
31,625
Gadsden
37,823
36,110
Mobile
286,250
267,026
Montgomery
163,992
167,592
Florida:
Jacksonville
890,762
831,893
Miami
940,809
965,340
Orlando
251,411
282,376
Pensacola
86,822
90,698
St. Petersburg
256,500
239,683
Tampa
458,784
440,021
Georgia:
Albany
46,056
53,241
Atlanta
2,068,713
1,983,532
Augusta
104,838
110,901
Brunswick
26,806
23,672
Columbus
101,727
105,606
Elberton
8,832
8,853
Macon
121,532
123,348
Newnan
21,205
17,553
Savannah
206,385
207,190
Valdosta
32,735
33,732
Louisiana:
Baton Rouge
278.290
264,914
Lake Charles
83,249
88,149
New Orleans
1,470,397
1,346,552
Mississippi:
Hattiesburg
34,609
36,663
Jackson
273,421
292.291
Meridian
46,223
44,235
Vicksburg
18,037
20,719
Tennessee:
Chattanooga
345,892
335,408
Knoxville
236,068
228,865
Nashville */
743,486
711,906
—
—
' 7
IJ 1 J >
->
—/ Revised figure: Nashville, Tennessee, February, i960, 692,633.



Three months ended
March I960 | March 1959

5,659,278

6,209,112

94,644
93,430
140,536
261,078
1,729,617
305,829
753,997
76,374
899,092
174,104
80,949
706,486
383,097
744,766
589,667
271,597
149,365
144,932
217,866
247,149
1,099,134
142,627
2,947,863
544,904
134,602
631,558
123,391
292,558
122,942
122,099
2,449,118
101,911

111,186

843,102
486,399
2,562,970
2,876,041
833,768
268,783
755,342
1,335,211
155,502
6,101,476

330,216

74,773
313,179
26,998
367,027
62,187
588,155
100,283
817,653
252,889
4,112,678

111,686

871,455
128,307

57,686

1,047,293
703,693
2,142,944

5,372,760
5,722,318
89,034
88,174
140,428
246,635
1,582,931
284,030
715,597
79,200
824,027
169,945
81,598
665,033
341,395
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
135,974
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
2,202,927

March i960

March 1959

BANK DEBITS - March i960
(In thousands of dollars)
Three months ended
March I960
March 1959

DISTRICT NO. 7 - CHICAGO
Illinois:

Aurora
Bloomington
Champaign-Urbana
Chicago
Danville
Decatur
Elgin
Joliet
Moline-East MolineRock Island
Peoria
Rockford
Springfield

83,109
73,034
81,225
19,104,660
48,405
119,633
49,766
93,127

74,056
76,889
76,648
17,929,087
48,975
120,352
48,124
83,626

237,666
214,713
235,595
52,149,280
148,649
347,174
145,011
274,868

209,654
210,672
236,645
47,812,915
149,874
347,848
138,504
252,083

114,278
236,487
226,539
135,649

105,307
246,084
191,234
128,788

341,289
683,688
628,578
395,746

311,940
689,221
548,468
384,058

Indiana:

Fort Wayne
Gary
Hammond
Indianapolis
Lafayette
Muncie
South Bend
Terre Haute

301,853
149,786
86,901
1,284,553
85,398
96,270
236,449
95,594

271,636
135,531
81,318
1,258,299
72,780
84,497
231,153
86,885

876,336
441,028
255,532
3,821,311
251,749
280,647
669,349
281,817

789,998
376,861
233,545
3,605,408
216,476
238,320
654,038
249,565

Iowa:

Burlington
Cedar Rapids
Clinton
Davenport
Des Moines
Dubuque
Mason City
Muscatine
Ottunxva
Sioux City
Waterloo

39,233
151,235
26,560
133,363
600,073
76,650
47,373
20,104
39,919
199,071
108,705

36,430
138,392
27,583
121,840
589,010
69,723
43,477
18,276
36,795
190,569
98,209

113,878
424,886
80,863
384,756
1,696,341
216,720
134,770
56,473
112,640
565,578
310,740

105,128
407,329
81,532
354,772
1,647,074
210,378
131,858
51,589
107,329
566,854
302,210

Michigan:

Adrian
Battle Creek
Bay City
Detroit
Flint
Grand Rapids
Jackson
Kalamazoo
Lansing
Muskegon
Port Huron
Saginaw

33,580
82,327
67,657
7,539,298
206,629
391,706
111,511
192,188
182,470
109,207
42,542
133,775

29,856
82,847
55,010
6,870,265
186,723
352,271
97,770
193,131
153,990
90,328
40,342
118,913

94,889
248,385
192,680
22,264,822
583,379
1,134,104
328,532
533,896
524,291
315,735
127,545
394,601

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

Wisconsin:

Green Bay
Kenosha
Madison
Manitowoc
Milwaukee
Oshkosh
Racine
Sheboygan

103,560
82,490
221,542
35,585
2,107,473
47,600
121,598
80,943

96,861
69,166
202,877
39,738
1,819,613
42,650
107,104
71,206

294,769
222,903
643,890
100,206
5,941,622
135,661
338,709
239,037

279,426
192,605
580,046
109,453
5,301,354
123,414
304,313
204,543

t




-5-

BAJBC DEBITS March I960
(In thousands of dollarsjMarch i960

March 1959

Three months ended
March i960 I March 1959

DISTRICT NO. 8 - ST. LOUIS
Arkansas:

El Dorado
Fort Smith
Helena
Little Rock
Pine Bluff
Texarkana (Also see
Texas, p. 8)

32,817
6o,4io
11,610
256,066
49,002

35,456
64,460
10,546
251,541
49,539

97,679
181,64o
43,380
727,213
151,154

102,790
186,907
32,331
710,600
144,740

25,060

23,658

72,952

70,104

Alton
E. St. Louis & Nat'l.
Stock Yards
Quincy

50,076

47,618

139,605

129,971

152,778
49,172

150,088
48,560

431,206
145,566

433,793
139,870

Indiana:

Evansville

176,219

183,655

527,254

530,694

Kentucky:

Louisville
Owenshoro
Paducah

928,835
53,882
37,734

949,908
52,277
34,510

2,741,939
165,563
110,866

2,717,608
173,870
101,820

Mississippi:

Greenville

33,197

30,744

105,105

97,926

Missouri:

Cape Girardeau
Hannibal
Jefferson City
St. Louis
Sedalia
Springfield

22,785
12,868
101,885
2,983,150
17,104
109,891

18,700
12,474
100,110
2,790,367
17,270
112,676

67,038
39,733
384,688
8,323,023
55,312
338,477

57,139
36,614
341,961
7,630,202
53,714
323,306

Tennessee:

Jackson
Memphis

31,240
901,194

32,388
848,365

95,113
2,716,084

87,559
2,436,315

Illinois:

DISTRICT NO. 9 - MINNEAPOLIS
143,793
38,097
1,952,566
8,139
54,843
29,706
924,692
89,191
24,249

141,919
35,770
1,892,759
8,671
51,212
27,489
787,376
85,882
22,667

422,044
107,152
5,711,717
30,201
159,241
84,008
2,523,515
261,560
72,323

416,219
103,924
5,378,382
24,647
149,608
78,315
2,294,155
261,888
67,104

Billings
Butte
Great Falls
Helena

95,457
54,626
72,690
45,845

92,569
58,186
70,066
47,451

278,448
142,587
222,934
140,323

267,602
158,636
216,319
137,684

North Dakota:

Bismarck
Dickinson
Fargo
Grand Forks
Jamestown
Minot

32,461
11,262
85,044
36,945
10,873
34,404

31,904
9,260
84,218
30,165
10,861
32,090

91,008
34,194
248,616
99,300
32,546
102,490

89,612
28,864
244,757
85,870
32,669
94,442

South Dakota:

Aberdeen
Sioux Falls

25,200
114,015

29,601
110,002

90,368
346,568

83,422
329,279

Wisconsin:

Eau Claire
La Crosse
Superior

55,736
75,630
19,527

55,197
67,303
18,577

161,837
201,676
59,760

152,963
183,325
57,784

Minnesota:

Duluth
Mankato
Minneapolis
Red Wing
Rochester
St. Cloud
St. Paul
South St. Paul
Winona

Montana:




March i960

March 1959

BANK DEBITS - March I960
(In thousands of dollars)
Three months ended
March I960 1 March 1959

DISTRICT NO. 10 - KANSAS CITY
107,106
1,506,839
38,081
52,014
91,558

108,250
1,357,551
36,649
44,735
86,059

315,105
4,120,458
109,855
146,762
248,010

330,147
3,786,835
108,181
132,547
236,123

Atchison
Dodge City
Emporia
Hutchinson
Independence
Kansas City
Lawrence
Manhattan
Parsons
Pittsburg
Salina
Topeka
Wichita

15,447
19,914
17,230
55,857
10,971
125,901
21,500
17,463
9,718
18,556
50,517
191,242
441,938

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

45,592
62,354
54,153
174,469
34,776
378,432
65,076
54,951
30,413
56,581
160,345
535,260
1,352,628

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

Missouri:

Independence
Joplin
Kansas City
St. Joseph

23,303
43,444
1,996,256
135,469

26,907
45,962
1,941,151
133,843

66,577
128,656
5,691,479
397,730

72,577
133,146
5,444,856
392,768

Nebraska:

Fremont
Grand Island
Hastings
Lincoln
Omaha

24,697
30,612
21,065
185,771
885,538

23,075
33,540
22,150
162,618
873,175

71,682
94,690
66,o44
513,735
2,534,283

70,112
97,837
67,407
485,200
2,534,393

New Mexico:

Albuquerque
Santa Fe

291,513
65,917

284,355
55,783

845,273
177,969

792,242
165,309

Oklahoma:

Bartlesville
Enid
Guthrie
Lawton
Muskogee
Norman
Oklahoma City
Okmulgee
Ponca City
Tulsa

355,721
57,646
6,107
32,886
38,646
18,556
679,030
8,746
29,697
1,057,089

303,514
60,001
6,014
32,918
40,172
17,018
681,188
9,032
28,740
1,026,038

932,044
177,930
18,732
95,630
118,753
54,931
2,054,222
26,870
87,090
3,124,015

882,799
183,387
18,070
93,727
121,650
49,867
1,993,876
27,386
84,417
3,069,454

Wyoming:

Casper
Cheyenne

73,650
96,706

69,189
48,855

213,655
210,291

218,890
163,280

Colorado:

Colorado Springs
Denver
Grand Junction
Greeley
Pueblo

Kansas:




BANK DEBITS - March I960
(In thousands of dollars)
March i960

March 1959

Three months ended
March I960 I March 1939"

DISTRICT NO. 11 - DALLAS
Arizona:

Tucson

21*8,174

232,899

722,780

674,116

Louisiana:

Monroe
Shreveport

88,932
342,349

76,422
315,175

252,684
1,003,512

224,491
925,559

New Mexico:

Roswell

41,019

35,780

118,736

106,637

Texas:

Abilene
Amarillo
Austin
Beaumont
Corpus Christi
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

98,794
226,385
212,482
164,835
186,756
15,235
3,017,239
378,132
816,008
91,237
2,705,280
29,643
212,642
65,161
52,146
612,018

98,004
221,993
207,231
157,721
188,212
i6,4oi
2,492,536
377,446
781,284
87,234
2,269,783
25,829
181,021
57,869
54,677
590,289

291,848
657,478
653,981
484,856
570,531
50,292
8,747,929
1,066,780
2,343,867
273,953
7,774,285
87,702
726,070
191,110
155,637
1,793,403

289,148
639,634
592,920
463,869
567,088
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

21,130
86,100
116,022
120,681

21,523
87,446
105,159
116,438

64,602
254,617
326,951
358,929

63,605
261,720
308,004
340,379

DISTRICT NO. 12 - SAN FRANCISCO
Arizona:

Phoenix

California:

Baker.sf ield
Berkeley
Fresno
Long Beach
Los Angeles
Modesto
Oakland
Pasadena
Riverside
Sacramento
San Bernardino
San Diego
San Francisco
San Jose
Santa Barbara
Santa Rosa
Stockton

Idaho:

800,901

643,069

2,233,554

1,986,444

176,964
149,303
307,813
387,287
7,199,361
95,911
843,979
255,473
125,304
1,277,499
130,040
977,843
5,081,309
409,760
93,373
58,068
135,268

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

544,845
442,757
953,552
1,101,318
20,825,900
276,072
2,508,333
742,450
364,030
4,040,338
373,289
2,859,931
14,224,177
1,191,259
283,751
180,537
396,895

481,641
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

Boise

132,718

134,117

402,188

402,236

Nevada:

Reno

122,318

104,053

354,693

302,106

Oregon:

Eugene
Portland
Salem

89,147
1,222,761
117,179

83,735
1,058,870
112,807

272,348
3,551,456
360,659

243,939
3,189,870
383,118

Utah:

Ogden
Salt Lake City

95,028
580,273

91,281
537,250

264,030
1,648,917

259,892
1,503,536

Washington:

Bellingham
Everett
Seattle
Spokane
Tacoma
Walla Walla
Yakima

40,078
61,872
1,702,044
287,402
220,826
34,258
71,855

39,498
59,659
1,578,660
260,310
224,528
32,l4l
71,172

115,624
174,422
4,746,434
839,129
729,081
99,326
210,674

112,947
166,854
4,361,582
771,556
665,089
92,808
204,838




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