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G.6 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) August 10, 19JU9 Bft.HK DEBITS—DEBITS TO DEPOSIT ACCOUNTS EXCEPT INTERBANK ACCOUNTS Bank debits as reported by banks in 333 leading centers for the month of July aggregated 98,k8k million dollars* During the past three months total debits for the same centers amounted to 306,8k5 million dollars or slightly below the total reported for the corresponding period a year ago. At banks in New York City there was an increase of k per cent compared with the corresponding threemonths period a year ago, and at the 332 other centers there was a decrease of 3 per cent. SUMMARY BY FEDERAL RESERVE DISTRICTS (In millions of dollars) Federal Reserve district July 19k9 Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco Total, 333 centers New York City* lkO other centers* 192 other centers 3,931* 39,627 k,l65 6,696 3,755 3,675 Ik,619 2,915 2,2lt0 3,876 3,583 9,399 98,U8U 36,167 51,893 10,12k July 19k8 1,385 39,2k3 k,k62 7,135 1,03k 3,9kl 15,930 3,123 2,345 h, 39 6 3,906 10,0U0 102,9U0 35,832 55,972 11,136 3 months ended — July 19k8 July 19k9 12,315 126,561 12,911 20,b31 11,610 11,521 1*5,136 9,057 6,516 11,129 10,868 28,1*29 306,81*5 116,331 159,281* 31,231 13,032 122,1*00 13,1*67 20,751* 11,901* 11,730 1*6,957 9,1*01 6,858 12,351* 11,1*11* 28,910 309,182 111,891* 161*, 1*1*6 32,81*2 DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) July 19k9 DISTRICT NO. 1 - BOSTON Conn. Hartford* ft New Haven* It New London f t Waterbury* Maine Bangor* 11 Lewiston-Auburn ii Portland Mass, Boston* <1 Brockton i t Fall River* H Holyoke* A Lowell* « i Lynn 1 1 New Bedford* 1 1 Pittsfield H Springfield H Worcester* Concord N.H. 11 Manchester Providence* R.I. Vt. Burlington kkl,032 175,759 21,225 k8,3l8 kl,019 26,115 75,338 2,211,017 37,875 37,9k2 31,296 26,2k8 50,705 kk,255 30,851 lk5,kl5 117,k70 22,308 k2,68l 279,373 27,820 July 19k8 k6k,300 198,5k8 23,732 61,970 k5,3k8 27,711 85,507 2,k67,657 36,558 k6,3kk 33,k85 29,702 k3,0kk 5k,30k 35,022 16k, 256 139,736 23,589 k6,8k7 326,961 30,113 3 months ended — July 19k9 July 19k8 1,365,101* 51*0,277 65,585 166,1*13 125,1*11 80,280 22k,697 6,90k,58k 119,875 12k,97k 92,380 82,768 lk6,381 138,027 92,688 k56,278 378,757 71,k66 13k,k5k 92k,k33 80,176 1,375,989 581,897 67,561 19k,603 129,713 83,520 251,017 7,278,928 110,613 lkk, 8k8 98,k08 89,359 12k,76k 155,21*8 100,k52 k.95,007 Ull,833 72,675 lkl,128 1,038,1*12 86,k62 ^Included in the national series covering lkl centers, available beginning in 1919. G.6a DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) July 1949 July 1948 3 months ended — July 1949 DISTRICT NO* 2 - NET/ YORK 368,602 141,376 1114,195 Conn. Bridgeport 162,041 54,301 18,928 Stamford 846,524 264,207 259,183 N J. Jersey City 91,052 28,932 27,676 Montclair 2,202,274 813,905 698,959 Newark 235,253 88,405 70,269 Passaic* 390,088 124,779 119,239 Paterson 1,885,846 450,668 •510,632 N Y. Albany* 177,584 62,990 59,208 Binghamton* 1,590,470 521,921 555,922 Buffalo--89,745 28,015 29,473 Elraira 93,156 35,328 28,811 Jamestown 35,832,082 116,330,571 36,466,624 New York* 115,948 41,378 38,695 Poughkeepsie 910,399 338,041 297,758 Rochester* 240,610 83,170 76,336 Schenectady 613,228 221,133 185,410 Syracuse* 217,789 71,720 77,378 Utica DISTRICT NO. 3 - PHILADELPHIA 822,581 292,lU9 276,534 Del. Wilmington* 158,760 60,821 55,459 N.J. Atlantic City fl 339,911 102,466 111,203 Camden 536.090 I f 175,478 . 153,344 Trenton* 215,449 79,848 69,119 Penna. Allentown 85,320 1 1 30,218 27,576 Altoona* 99,120 ii 30,596 34,147 Bethlehem 121,562 ii 39,015 42,782 Chester* 300.091 i t 95,872 102,229 Harrisburg 83,383 ii 26,952 27,735 Hazleton 123,380 i i 39,751 44,850 Johnstown 189,521 n 56,297 65,073 Lancaster* 48,354 n 15,593 19,308 Lebanon 85,824 i i 27,507 29,962 Norristown 8,727,509 ii 2,798,318 3,021,026 Philadelphia* ii 253,015 84,772 81,903 Reading i i 271,199 95,899 85,1*27 Scranton* i i 170,474 • 70,310 54,603 Wilkes-Barre* 76,595 28,819 25,470 Williamsport* 203,146 82,628 65,283 York* DISTRICT NO. 4 - CLEVELAND 116,844 37,537 41,557 Covington-Newport Ky. 161,092 50,606 55.445 Lexington# 658,153 221,761 237,336 Ohx Akrons 301,612 97,501 127,113 Canton 2,447,024 779,796 898,229 Cincinnati 5,313,441 1,788,309 1,845,765 Cleveland* 1,628,010 618,360 549,174 Columbus* 632,458 211,452 247,213 Dayton* 109,747 35,554 38,231 Hamilton 122,871 44,586 48,328 Lima 51,479 16,350 19,949 Lorain 111,832 35,340 36,580 Mansfield 90,766 28,902 32,341 Middletown 58,516 18,626 21,877 Portsmouth 135,518 44,573 49,008 Springfield# 63,808 20,709 25,147 Steubenville 1,003,439 367,998 385,806 Toledo* 107,103 34,654 39,936 THarren 433,229 138,823 172,645 Youngstown* 74,316 24,299 27.446 Zanesville July 1948 429,673 182,914 830,282 86,184 2,373,180 267,866 379,818 1,673,568 175,044 1,671,866 90,319 108,444+ 111,894,168 112,643 990,790 240,453 663,483 229,642 872,206 163,476 356,107 506,053 239,487 86,108 103,374 126,540 305,942 86,588 129,999 199,055 58,733 86,393 9,096,093 253,449 284,185 197,442 81,579 234,568 122,814 170,922 706,286 350,710 2,664,101 5,473,321 1,687,157 701,675 116,548 133,593 57,422 122,079 98,015 65,604 139,636 74,443 1,066,695 112,542 479,838 83,666 DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) months e n d e d — July 19h9 T ~ Juty 1 ^ 8 DISTRICT NO. 4 - CLEVELAND (Cont'd) 26,440 Penna. Butler 83,465 Erie* 6,540 Franklin 19,422 Greensburg* 17,836 Oil City* 1,908,628 Pittsburgh^ 27,392 Sharon 59,534 W.Va.. Wheeling* DISTRICT NO. 5 - RICHMOND 718,616 D.C. Washington 908,505 Md. Baltimore* 1 1 19,361 Cumberland. It 17,035 Frederick It 27,009 Hagerstown 43,229 N.C. Asheville it 234,023 Charlotte* n 86,770 Durham ti 66,744 Greensboro it 13,567 Kinston ti 113,192 • Raleigh* i i 32,332 Wilmington it 11,81+3 Wilson i i li+2,214 Winston-Salem 55,267 s.c. Charleston 1 1 90,299 Columbia* I I 71,501 Greenville* It 38,252 Spartanburg 20,048 Va. Charlottesville i i 19,991 Danville it 30,546 Lynchburg 28,218 » Newport News ii 166,540 Norfolk* ii 19,362 Portsmouth it 439,821 Richmond* H 86,995 Roanoke 36,339 W.Va. Bluefield II 115,481 Charleston 26,888 Clarksburg 52,360 Huntington 22,488 Parkersburg ATLANTA DISTRICT NO. 6 17,607 Ala. Anniston I I 298,602 Birmingham* II 11,080 Dothan I I 15,753 Gadsden I I 113,252 Mobile* It 66,939 Montgomery* 251,122 Fla. Jacksonville* II 208,108 Miami 1 1 45,154 Orlando II 314,090 Pensacola* 1 1 49,431 St. Petersburg Tampa* it 108,752 31,61*9 96,222 7,409 23,167 22,068 1,894,446 29,293 62,206 745,614 964,509 25,037 19,579 27,471 51,853 239,825 107,404 75,818 12,151 121,282 36,791 14,821 122,351 60,406 88,795 78,990 41,834 21,426 22,325 38,468 32,467 190,811 19,591 481,996 90,085 42,541 134,437 34,299 62,136 29,332 19,349 320,672 10,688 17,484 153,890 64,963 269,143 231,467 47,780 34,256 48,673 109,802 85,079 248,323 19,565 62,113 54,763 6,076,609 80,320 182,539 2,267,434 2,861,066 65,975 50,692 78,355 131,301 671,513 255,010 202,043 38,265 341,387 93,379 34,826 387,513 169,955 292,513 218,718 120,043 62,059 6l,o48 96,973 89,802 509,342 57,736 1,390,599 268,883 127,596 385,426 84,838 155,165 70,935 52,760 920,626 33,272 48,865 359,169 206,331 789,942 667,692 146,504 98,716 152,801 348,863 94,442 276,191 22,012 66,091 62,143 5,545,299 82,475 177,827 2,210,327 2,866,199 68,118 58,159 80,909 160,743 691,742 303,803 219,080 34,725 364,122 107,825 41,377 354,855 176,263 269,004 234,832 130,242 63,551 70,624 113,904 96,491 557,288 60,044 1,417,420 265,904 128,455 401,885 97,877 174,317 83,542 59,910 954,240 32,431 52,026 431,791 201,86k 790,073 702,952 148,587 97,679 151,659 336,906 G.6C DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) July 1949 DISTRICT NO. 6 - ATLANTA (Cent1>d) Ga. Albany 20,331 11 Atlanta* 741,488 II Augusta* 54,894 It 8,350 Brunswick II Columbus 47,394 II 3,312 Elberton 11 50,679 Macon* It 7,916 Neman 1 1 Savannah* 83,530 If 12,694 Valdosta !Lct# Baton Rouge 105,247 it 36,420 Lake Charles it 609,614 New Orleans* Miss# Hattiesburg 15,553 it 109,811 Jackson it 23,092 Meridian ii 21,940 Vicksburg* 126,362 Term. Chattanooga* it 99,991 Knoxville* ii 275,869 Nashville* DISTRICT NO. 7 - CHICAGO 32,898 Aurora 111, tt 38,467 Bloomington* it 37,825 Champaign-Urbana ft 7,529,508 Chicago* it 35,155 Danville tt 69,839 Decatur* ti 21,583 Elgin it 35,966 Joliet it 27,421 Moline tt 160,772 Peoria* it 82,576 Rockford* it 68,014 Springfield 112,540 IntiU Fort Wayne* it 59,249 Gary tt 30,797 Hammond it 595,023 Indianapolis* tt 30,309 Lafayette it 34,598 Muncie tt 190,611 South Bend* tt 64,497 Terre Haute July 1948 3 months ended — July 1949 16,304 780,417 53,997 9,491 41,062 3,558 58,575 8,566 105,113 17,737 94,407 34,674 655,582 16,288 125,410 27,527 22,634 128,124 113,003 300,731 61,857 2,316,305 155,679 25>337 142,418 10,199 156,197 23, a o 215,209 3b,707 32k,211 108,126 1,993,296 17,165 355,289 69,169 67,523 385,150 307,531 865,986 48,330 2,378,480 157,938 28,740 146,623 II,185 176,164 24,468 292,523 40,562 273,737 36,192 38,582 37,308 8,146,429 37,292 72,961 25,703 37,847 28,742 170,689 98,783 73,758 117,970 62,043 34,45% 675,368 37,012 37,898 199,626 66,615 99,650 116,512 112,061 23,681,471 100,119 193,889 66,232 116,082 104,585 120.977 109,667 24,460,218 106,855 203,028 71,564 114,102 82,920 498,681 298,041 220,601 353,028 177,209 96,650 1,911,912 III,892 109,665 590,301 200,016 81,168 191,738 258,071 206,118 329,275 178,062 94,481 1,805,727 102,831 105,021 581,380 195,827 r/ Revised figures1 Bakersfield, California; May 1949, 104,501; June 1949, 105,626* July 1948 100,850 1,904,932 46,334 371,130 80,491 68,486 404,598 331,889 881.976 G.6d DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) July 1949 DISTRICT NO. 7 - CHICAGO (Cont'd) Burlington Iowa 18,918 ii Cedar Rapids* 66,168 Clinton 15,279 Davenport* 71,532 Des Moines* 253,721 Dubuque* 38,700 Mason City 26,377 Muscatine 9,861 Ottuiwa 2b,083 Sioux City* 144, 745 Waterloo* 53,223 Adrian Mich, 13,297 n Battle Creek Ll,080 Bay City* 31,21k Detroit* 2,867,370 Flint* 81,901 Grand Rapids* 160,889 Jackson 12,817 Kalamazoo*' 59,019 Lansing* 79,017 Muskegon 1*5,600 Port Huron 2*1,388 Saginaw 62,486 Green Bay Wis. 52,325 ii Madison 89,012 tl Manitowoc 19,121 <1 Milwaukee* 815,513 II Oshkosh 21,179 Racine 55,783 Sheboygan 16,678 DISTRICT NO. 8 - ST. LOUIS El Dorado Ark. 23,355 II Fort Smith 35,781 ft Helena 5,544 It Little Rock* 108,795 II Pine Bluff 2k,093 II Texarkana (See also Tex.) 9,786 Alton 111. 21,617 East St. Louis & It Nat'l Stock Yards 105,103 II Quincy 27,398 Evansville* Ind, 118,525 Louisville* Ky. 441,402 tl Owensboro 26,299 tl Paducah 12,483 Greenville Miss. 15,771 Cape Girardeau Mo. 11,181 It Hannibal . 7,120 II Jefferson City 52,087 II St. Louis* 1,393,771 M Sedalia 9,0014 It Springfield 51,207 Jackson Tenn# 15,139 it Memphis* 399,077 July 1948 19,722 71,126 17,163 75,113 281,543 40,844 29,333 17.047 32, 263 156,527 58.048 14,046 42,415 34,156 3,140,366 3 months ended — July 1949 July 1948 55,745 202,041 46,637 202,847 750,471 115,511 78,855 31,442 76,015 416,880 162, 805 40,845 118,765 94,194 8,779,808 252,621 492,596 126,908 178,154 236,741 135,663 71,119 185,870 158,977 275,437 57,326 2,499,633 68,484 173,055 134,570 58,336 221,293 50,815 226,791 864,782 127,048 87,752 50,826 78 , 28 3 459,921 160,603 40,921 123,269 97,275 9,008,963 241/405 536,162 140,828 205 , 673 251,337 171,417 79,427 205,296 174,737 297,720 60,495 2,583,607 75,463 178,087 156,411 118,553 22,053 6,160 67,230 112,840 17,569 342,734 69,271 65,742 110,982 19,268 359,914 66,972 9,775 25,446 29,695 67,150 29,396 77,528 118,550 29,331 125,916 502,501 27,397 14,319 15,092 314,573 83,477 342,026 1,438,697 81,496 41,764 47,592 32,130 22,534 138,093 4,292,002 29,518 155,572 48,250 1,282,837 350,820 87,507 338,052 1,496,683 83,013 44,953 45,710 32,267 22,461 119,618 4,522,026 30,282 174,827 52,022 1,271,193 82,010 181,097 48,329 69,266 88,556 56,579 27,413 67,529 60,809 99,981 21,348 917,005 25,071 58,303 55,311 23,034 38,437 11,060 7,451 45,071 1,499,144 10,465 59,309 16,406 397,847 G.6e DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) July 19k9 DISTRICT NO. 9 - MINNEAPOLIS 101,552 Duluth*Minn. ii 18,063 Mankato It 999,182 Minneapolis* It 5,035 Red Tfing It 23,213 Rochester It 12,981 St. Cloud II St. Pauls538,828 ft South St. Paul 69,781 It Winona 15,11*7 Billings* Mont. 12,557 it Butte 12,811 it Great Falls 37,337 it Helena* 214,660 Bismarck N.Dak. 31,727 it Dickinson 6,167 it Fargo* 63,967 (t Grand Forks* 20,81+0 it Jamestown 6,597 it Minot 18,716 Aberdeen* S.Dak. 21,237 II Sioux Falls 66,391 28,070 Eau Claire Wis. II La Crosse 29,138 II Superior* 13,091 DISTRICT NO. 10 - KANSAS CITY 10,280 Colorado Springs* Colo. ft Denver* ILL,395 11 13,125 Grand Junction ft Greeley 15,518 It Pueblo* 38,903 Atchison Kans. 9,790 ft 10,065 Emporia 11 Hutchinson 37,66k It 7,056 Independence It 61,568 Kansas City* If Lawrence 10,381 11 Pittsburg 10,796 tl Salina 35,146 If Topeka* 97,23k tl 207,868 Wichita* 22,51*5 Mo. Joplin* it 1,056,307 Kansas City* it St. Joseph* 92,733 Fremont Neb. 15,893 it 20,1*93 Grand Island it 75,09k Lincoln it Omaha* k60,362 87,823 Albuquerque* N.M. 118,926 Okla. Bartlesville* it kO,k53 Enid it k,055 Guthrie it 22,Okk Muskogee* it 301,226 Oklahoma City* it 5,383 Okmulgee tt k55,835 Tulsa* 27,122 Casper Wyo. n 29,716 Cheyenne July 19k8 3 months ended — July 19k9 July 19k8 127,3k2 19,320 1,091,380 5,80k 23,739 lk,302 k67,327 83,925 I6,k58 ko,305 kO,63k k2,k60 27,560 39,551 6,265 73,k79 21,533 7,587 19,023 22,173 79,kl9 31,586 29,730 13,879 332,56k 53,638 2,937,77k 15,159 66,731 39,187 I,kk6,k39 216,275 k6,622 125,IkO 129,28k 125,2k8 73,979 llk,kl5 18,633 187,k65 63,5kk 18,772 5k,775 6k,k07 202,171 83,k5l 92,18k 37,777 377,179 57,579 3,19k,211 16,792 67,032 k2,862 l,k01,598 2k0,525 k8,5ll 113,650 118,295 122,898 72,363 116,310 17,389 199,533 65,k27 21,588 5k,975 63,698 222,908 9k,820 89,566 38,198 k6,715 k99,908 12,608 18,731 56,5k7 17,395 10,899 119,05k 1,38k,059 39,330 k9,2Qk 115,759 37,787 28,561 101,653 19,872 183,7k8 30,226 32,209 96,722 279,172 619,7kk 73,315 2,992,071 257,078 k7,802 60,k20 225,8k9 1,35k,275 257,338 387,933 107,kl8 12,0kk 67,kl3 893,122 17,229 1,376,86k 78,lk2 83,891 12k, 396 l,k58,219 37,536 59,766 131,871 k9,713 30,29k 153,903 20,252 198,176 32,361 33,739 127,737 279,069 668,657 80,070 3,321,517 289,922 52,01k 66,513 235,kk8 l,kk3,396 212,660 3k7,683 I5k,k91 13,69k 70,kk7 9k2,k58 18,983 1,536,786 80,885 81,501 $2,396 6,773 67,3k9 11,08k 11,288 50,881 95,60k 233,520 26,272 1,208,581 103,732 17,k55 22,305 8l,Ok2 525,083 75,857 115,980 k8,930 k, 368 2k,321 338,kOl 6,005 5k9,123 28,031 28,70k G.6f DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) July 1949 DISTRICT NO* 11 - DALLAS Tucson* Ariz. 49,087 Monroe La. 34,354 TT Shreveport* 122,933 Roswell N.M. 15,770 Abilene Tex. 29,555 II Amarillo 95,180 II Austin# 105,651 II Beaumont# 92,592 II Corpus Christ! 73,096 N Corsicana 8,234 11 Dallas* 953,520 11 El Paso* 109,833 11 Fort Worth* 313,140 11 Galveston 68,115 It Houston* 1,004,331 11 Laredo 13,737 II Lubbock 51,198 11 Port Arthur 34,043 11 San Angelo 25,073 11 San Antonio 229,088 II Texarkana* (See also Ark.) 13,505 II Tyler 39,284 II Waco* 45,378 It Wichita Falls 56,224 DISTRICT NO. 12 - SAN FRANCISCO Phoenix Ariz. 175,167 Bakersfield £/ 95,200 Calif. it Berkeley 77,386 II Fresno* 102,843 II Long Beach* 156,750 II Los Angeles* 2,987,304 II Oakland* 381,798 11 Pasadena* 96,775 11 Riverside 40,028 II Sacramento* 413,728 It San Bernardino 46,972 11 San Diego* 217,902 II San Francisco* 2,331,344 il San Jose 108,640 II Santa Barbara 34,660 II Santa Rosa 23,880 It Stockton* 59,101 Boise* Idaho 73,197 Reno* Nev. 44,325 Eugene Ore. 49,058 11 Portland* 508,826 II Salem 64,832 Ogden* Utah 55,204 n Salt Lake City* 205,523 Bellingham Wash. 21,298 II Everett 26,933 It Seattle* 664,762 It Spokane* 147,310 II Tacoma* 123,604 II Walla Walla 24,144 II Yakima* 40,519 July 1948 3 months ended — July 1949 July 1948 59,745 162,787 103,185 377,534 42,365 87,735 265*515 348,841 274,997 217,246 27,125 2,892,795 339,522 929,386 202,659 3,010,860 45,771 156,980 101,995 81,693 739,452 33,970 13k,737 13,137 32,58k 94,308 105,388 96,232 83,768 9,425 1,061,127 119,00k 346,191 70,865 1,094,857 17,024 59,218 38,251 29,348 244,036 15,905 43,638 48,499 54,893 200,773 88,008 81,370 117,085 172,080 3,176,101 439,536 105,461 38,326 434,550 51,992 232,370 2,403,640 129,852 42,465 29,350 67,061 67,437 46,870 56,634 587,469 64,394 70,749 227,418 23,739 32,353 684,948 159,778 135,540 27,100 45,267 r/ See footnote on page c regarding revised figures. 39,564 114,109 139,741 166,326 534,083 305,327 236,900 309,418 471,021 8,893,562 1,151,454 282,649 117,407 1,398,560 142,529 612,567 7,030,704 317,739 101,798 68,633 179,906 221,727 140,487 149,317 1,575,903 184,514 167,151 641,194 65,574 88,204 2,016,742 440,983 384,724 71,910 126,560 184,335 96,736 393,485 41,628 98,087 271*781 316,009 285,510 238,512 28,630 2,982,761 352,865 1,029,651 212,061 3,208,877 54,212 177,412 109,026 95,108 752,857 44,845 122,563 147,367 169,976 588,682 259,244 238,088 333,508 479,972 9,186,927 1,275,661 315,326 117,713 1,296,067 147,846 678,805 6,864,512 330,545 116,213 80,741 194,006 196,877 129,090 162,592 1,657,828 166,910 178,171 658,531 67,294 91,568 2,016,834 470,590 410,959 71,653 127,718