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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 0.6 (For Immediate Release) August 12, 1955 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 July aggregated $162 billion. During the past three months debits amounted to $507 billion or 8.4 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 ihcrease was 12.2 per cent; and at 337 other centers it was 13.1 per cent. Preliminary estimates of the annual rates of turnover of demand deposits in July are 40.8 at New York City, 26.7 at 6 other centers, and 20.5 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 Total, 344 reporting centers New York City 6 other centers* 337 other centers 3 months ended — July 1955 I July 1954 July 1955 July 1954 6,167 63,477 6,902 11,808 6,203 6,828 24,578 4,503 2,881 6,625 6,724 15.046 6,663 65,347 6,394 10,028 5,706 5 >996 22,236 4,221 2,780 6,151 6,177 13,749 19,733 202,904 21,715 35,005 19,207 l6l,74l 58,904 34,123 68,714 154,848 61,155 31,556 62,137 507,359 188,750 468,161 185,656 210,348 186,005 20,812 77,490 14,051 9,013 20,044 20,684 46.702 108,261 18,500 198,469 19,898 30,319 16,923 17,942 67,779 12,663 8,340 17,881 18,240 41,208 96,500 DEBITS BY BANKS IN EACH REPORTING CENTER (]Cn thousands of dollars) July 1955 July 1954 3 months ended — July 1955 1 July 1954 DISTRICT NO. 1 - BOSTON 2,462,516 Hartford Conn. 835,329 2,651,576 842,456 II 804,298 936,838 New Haven 271,459 306,036 11 134,203 45,868 151,411 New London 57,473 It 272,069 Waterbury 87,337 305,763 89,594 172,425 180,495 Maine 57,764 Bangor 59,914 tt 102,179 34,027 Lewi ston-Auburn 115,332 36,275 11 324,455 113,398 Portland 351,774 115,247 10,192,514 3,304,020 10,527,692 Mass. Boston 3,267,639 •1 166,893 184,177 Brockton 55,156 56,159 II 164,333 175,070 51,746 Fall River 51,940 II 122,777 40,062 132,512 39,602 Holyoke 151,406 170,167 50,109 Lawrence-Andover -Methuen • Mass. 52,373 142,554 167,243 45,604 50,288 Lowell Mass. I I 152,700 166,259 51,066 Lynn 52,354 I I 180,751 200,310 64,667 58,003 New Bedford II 112,810 126,711 38,484 Pittsfield 43,451 I I 672,135 219,861 729,876 Springfield 221,694 11 585,994 654,342 190,898 Worcester 202,037 88,326 90,823 Concord 28,173 29,992 N. H. II 197,786 213,832 67,330 Manchester 67,272 1,200,371 381,088 Providence 1,397,691 R. I. 428,154 96,695 102.665 Burlington Vt. 33,654 34,756 * Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles. 6.6a DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) July 1955 DISTRICT NO. 2 - NEW YORK Bridgeport Conn. II Stamford N. J. Elizabeth it Jersey City n Montclair t r Newark if Paterson-Passaic Binghamton N. Y. If Buffalo I I Elmira I I Jamestown I I New York I I Poughkeepsie 11 Rochester II Schenectady I I Syracuse I I Utj.ca July 1954 197,948 231,366 94,650 88,855 140,182 165,588 386,031 1*16,912 50,631 1*9,000 1,052,616 989,627 350,661 329,176 81,61*5 77,127 910,1*30 789,896 57,182 57,766 1*1*, 610 41,467 58,90l*,19lt 61,155,358 68,088 65,060 530,781 483,658 9b,061 89,064 309,718 290,052 115,568 109,308 3 months ended — July 1955" 1 July 1954 705,310 26)4,876 191,000 1,366,053 159,598 3,396,537 1,098,1*65 255,117 2,696,811 181,690 11*8,750 188,71*9,625 210,271* 1,550,275 286,1*92 976,306 367,21*3 DISTRICT NO, 3 - PHILADELPHIA Wilmington Del. Atlantic City N. J. Camden " Trenton " Allentown Pa. Altoona " Bethlehem " Chester " Harrisburg " " Hazleton Johnstown " Lancaster " Lebanon " Norristown " Philadelphia " Reading " Scranton " Wilkes-Barre " Williamsport " York " 1*72,721 81*,322 221*,605 285,961 111,511 37,130 50,089 61*,291* 159,518 25,190 53,939 89,532 22,968 1*8,281 U,701,595 11*0,953 111,558 78,029 36,1*92 103,292 275,014 97,378 34,087 48,256 58,896 152,809 27,511 46,778 83,917 23,557 45,641 4,401,149 128,162 105,034 75,117 35,229 99,204 1,1*56,195 237,737 691,686 833,203 31*0,81i9 116,81*2 158.516 199,630 501,826 81*,79lt 159,872 278,560 72,169 11*7,11*3 11*, 951,161* 1*1*8,961 355,258 255.517 107,528 317,062 DISTRICT NO. 4 - CLEVELAND Ky. Covington-Newport II Lexington Ohio Akron II Canton II Cincinnati fl Cleveland II Columbus tl Dayton H Hamilton I I Lima I I Lorain I I Mansfield I I Middletown II Portsmouth If Springfield II Steubenville I I Toledo I I Warren I I Youngstown 1 1 Zanesville 63,132 82,913 1*16,792 169,738 1,395,371 2,993,216 821,81*3 398,189 63,860 71*,922 32,251 75,731 56,91k 31,519 70,299 31*, 039 572,153 7k,993 211,875 37,1*35 60,179 81,113 353,604 146,769 1,277,585 2,669,153 800,876 349,641 59,278 69,348 27,253 65,296 50,293 29,084 63,531 29,206 496,148 61,730 188,269 31,464 185,698 250,793 1,281,796 511,1411 14,287,702 9,01*3,611 2,391,239 1,207,853 191,558 220,009 96,211* 221,1*57 176,082 98,076 200,1*13 99,81*3 1,767,396 220,502 678,117 113,379 383,195 84,923 188,266 601,022 260,925 415,070 1,191,234 153,807 3,231,517 966,532 226,512 2,383,836 177,584 126,416 185,655,858 193,956 1,386,542 269,913 899,641 328,565 1,289,303 226,235 575,536 828,599 288,446 103,936 148,090 180,016 455,216 79,512 138,153 254,728 69,288 130,810 13,776,638 377,301 327,595 235,300 101,562 311,328 168,897 226,712 1,075,838 434,716 3,831,204 8,067,394 2,369,605 1,033,922 176,543 194,569 79,735 189,465 159,251 88,203 183,545 82,635 1,485,610 182,879 564,516 100,051 G.6b DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) July 1955 July 1954 3 months ended -July 1955" July 1955 DISTRICT NO. 4 - CLEVELAND (Cont'd) Butler Pa. 17,781 11 Erie 11*1,61*7 M Franklin 8,061* It Greensburg 31,01*8 11 Oil City 21,375 tt Pittsburgh 3,760,210 11 1*0,712 Sharon W. Va. Wheeling 79,307 42,637 127,404 6,964 27,243 22,498 2,780,848 33,127 75,519 150,568 128,365 25,833 90,095 69,173 10,628,119 120,151 216,019 DISTRICT NO. 5 - RICHMOND D. C. Washington Md. Baltimore It Cumberland It Frederick 11 Hagerstown N. C. Asheville It Charlotte tl Durham I t Greensboro 1 1 Kinston t t Raleigh I t Wilmington 1 1 Wilson 1 1 Winston-Salem S. c. Charleston It Columbia It Crreenville It Spartanburg Va. Charlottesville It Danville t t Lynchburg 1 1 Newport News I t Norfolk tt Portsmouth 11 Richmond tt Roanoke W. Va. Bluefield V Charleston It Clarksburg 1 1 Huntington I I Parkersburg 1,155,123 1,459,255 25,155 22,215 39,360 62,454 330,420 106,666 123,239 21,447 219,261 51,030 20,211 143,947 79,584 171,769 114,797 64,232 32,453 35,384 49,124 48,053 247,127 31,858 603,288 116^437 37,466 164,888 31,704 67,771 30,622 It,076,956 it, 898,913 30,458 #2,855 16,992 23,385 171,451 98,462 478,119 401,280 89,435 54,860 95,099 183,042 100,131* 1,655,789 59,811 DISTRICT NO. 6 - ATLANTA Ala. Ann!ston Birmingham Dothan Gadsden Mobile Montgomery Fla. Jacksonville It Miami Orlando Pensacola St. Petersburg Tampa 1,315,901* 1,550,938 25,968 21,857 1*9,630 67,270 380,817 88,710 159,393 23,1*80 186,089 53,339 21,019 157,107 83,378 191*, 557 122,911 60,073 37,680 35,770 52,501 51*, 917 293,331* 31,693 636,581* 138,338 1*3,205 166,51*8 36,958 73,567 36,266 33,738 561,705 20,020 29,1*21* 208,175 115,831 521,537 553,126 112,119 61*, 112 118,159 213,01k 83,10-0 72,197 139,118 197,013 1,209,322 257,290 156,323 67,125 601,308 159,117 57,166 509,371 21*9,1*96 562,212 383,176 188,311 111,673 112,606 166,1*1*3 171,321 895,672 109,788 1,989,193 1*08,396 136,80)4 1*99,758 110,51*6 220,138 102,318 86,121 707,221 353,91*6 1,591,613 1,51*8,185 31*6,871 188,318 31*6,166 690,828 129,553 380,826 20,245 77,082 65,978 8,637,472 95,961 216,226 3,439,437 4,453,747 75,118 67,626 109,624 187,366 1,018,915 291,228 360,573 59,197 585,905 143,882 54,391 440,923 228,846 487,452 323,890 182,885 96,888 98,980 148,998 141,766 759,156 97,620 1,725,173 352,371 111,068 493,111 89,337 206,418 90,647 90,231 1,327,429 51,904 69,624 536,999 297,087 1,399,099 1,215,171 278,017 164,899 287,242 588,787 G.6C DEBITS BY BAMS IN EACH REPORTING CENTER (In thousands of dollars) 3 months ended -July 1954 July 1955 July 1955 July 1954 DISTRICT NO. 6 - ATLANTA (Cont'd) Ga. Albany 47,332 ft 1,365,488 Atlanta ft 86,981 Augusta I I Brunswick 14,535 II Columbus 90,347 ft 4,804 Elberton It Macon 97,231 It 13,101 Newnan II 129,422 Savannah II Valdosta 25,907 155,063 Baton Rouge 11 66,345 Lake Charles it 1,031,524 New Orleans MiBSe Hattiesburg 24,567 11 Jackson 179,953 11 30,606 Meridian ft Vicksburg 15,373 Term* Chattanooga 227,559 it Knoxville 161,374 11 Nashville 509,032 40,009 1,240,840 79,591 14,259 81,817 4,315 96,817 12,417 124,510 31,886 138,599 55,160 971,163 21,388 151,659 28,025 14,901 213,974 140,859 447,931 142,440 4,219,872 275,296 42,965 270,372 15,166 290,993 36,209 407,151 70,604 473,081 202,109 3,209,448 71,268 537,917 92,622 48,674 702,430 495,097 1,532,933 116,081 3,699,590 253,668 41,031 231,961 13,911 261,013 31,513 364,961 71,237 4l6,064 164,384 2,893,379 63,798 455,998 80,782 44,884 630,667 436,671 1,363,766 54,824 59,817 61,476 12,075,472 52,826 113,408 35,947 68,757 47,737 60,885 54,173 11,445,689 46,784 89,616 32,394 63,560 165,246 185,514 186,515 38,115,822 150,032 332,588 107,974 212,764 145,381 175,620 157,504 35,083,178 133,436 271,995 95,784 183,612 89,370 202,238 162,892 104,495 216,468 104,306 64,386 983,737 57,841 64,930 176,587 74,570 25,202 107,388 23,576 99,061 424,992 50,272 40,779 13,017 30,259 133,591 81,039 82,596 176,438 131,321 96,973 187,990 92,259 55,224 888,801 52,823 64,352 165,927 71,019 24,307 97,486 20,165 85,485 388,468 47,868 36,730 12,631 29,116 152,111 79,058 276,345 620,955 474,452 325,448 662,590 310,630 195,701 2,898,918 175,086 207,657 559,447 236,054 76,937 330,829 71,393 291,507 1,308,618 159,806 124,992 40,196 88,938 412,057 252,282 252,573 548,540 412,251 297,374 555,349 272,862 162,898 2,539,121 157,942 189,848 501,576 213,178 75,205 288,917 62,131 254,786 1,131,752 146,761 113,047 39,286 88,515 454,724 232,312 DISTRICT NO. 7 - CHICAGO 111. Aurora II Bloomington I I Chanrpaign-Urbana I t Chicago I I Danville I I Decatur ft Elgin I t Joliet Moline-East Molineft Rock Island II Peoria If Rockford I f Springfield Ind. Fort Wayne ft Gary I I Hammond I t Indianapolis It Lafayette If Muncie It South Bend If Terre Haute Iowa Burlington If Cedar Rapids It Clinton I I Davenport I I Des Moines I I Dubuque • f Mason City ft Muscatine ft Ottumwa i t Sioux City i f Waterloo G.6d DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) July 1955 July 1954 3 months ended — July 1955 I July 1954 DISTRICT NO. 7 - CHICAGO (Cont'd) Mich. Adrian 23,346 II Battle Creek 73,256 If Bay City 50,439 II Detroit 5,791,468 II Flint 167,227 I I Grand Rapids 291,064 II Jackson 87,053 II Kalamazoo 119,326 II Lansing 151,739 If Muskegon 80,604 It Port Huron 42,062 II Saginaw 118,322 Wis. Green Bay 79,402 It Kenosha 49,293 II Madison 141,190 II Manitowoc 31,475 If Milwaukee 1,261,182 II Oshkosh 33,939 I f Racine 76,769 II Sheboygan 55,807 18,172 65,357 47,795 4,716,188 144,282 269,967 72,724 100,896 137,312 69,747 40,063 100,238 74,629 42,721 131,934 28,192 1,141,840 32,884 68,616 52,751 71,434 214,845 146,541 18,801,312 509,043 912,357 273,060 372,819 455,038 246,407 122,613 348,160 247,258 151,188 459,922 93,120 3,988,444 105,810 245,056 168,431 25,539 48,140 7,067 156,933 90,096 160,911 22,430 530,564 92,836 60,073 117,934 371,642 121,201 527,351 2,394,236 129,327 82,085 77,895 44,533 29,803 203,993 6,601,735 45,808 254,014 67,495 2,024,763 DISTRICT NO. 8 - ST. LOUIS Ark. El Dorado II Port Smith II Helena II Little Rock V I Pine Bluff Texarkana (See Tex.) " Alton 111. E. St. Louis & Nat. Stock Yds. Quincy 111. Ind. Evansville Ky. Louisville It Owensboro If Paducah Miss. Greenville Mo. Cape Girardeau II Hannibal I I Jefferson City 1 1 St. Louis I I Sedalia II Springfield Tenn. Jackson If Memphis 28,803 55,958 7,011 164,337 30,874 20,413 37,947 113,740 37,643 177,258 771,766 42,513 26,720 25,816 15,023 10,187 72,504 2,101,238 15,527 81,037 21,298 645,230 DISTRICT NO. 9 - MINNEAPOLIS Duluth Minn. II Mankato Minneapolis Red Wing Rochester St. Cloud St. Paul South St. Paul Winona 127,551 26,750 1,422,459 6,286 33,620 20,045 602,200 62,469 19,027 28,200 17,798 35,511 127,663 36,125 163,549 739,413 37,173 29,805 22,361 14,410 9,675 66,876 1,943,601 13,063 74,340 19,170 604,391 131,719 25,082 1,394,671 5,990 32,919 15,516 555,243 68,046 19,589 443,640 78,971 4,450,532 19,359 95,752 58,351 1,897,466 202,279 60,799 54,217 188,272 135,441 14,482,554 429,764 814,301 221,247 308,923 412,240 212,790 108,010 302,453 222,691 128,813 409,929 82,948 3,562,988 101,003 208,473 154,024 81,100 142,528 21,823 479,239 91,295 54,143 109,503 393,667 109,070 461,844 2,134,931 112,088 93,515 68,596 41,314 28,345 184,159 5,698,221 38,900 216,277 60,752 1,841,532 421,158 75,267 4,107,403 18,096 91,635 49,246 1,749,454 208,819 58,621 G.6e DEBITS BY BANKS IN EACH REPORTING CENTER (in thousands of dollars) July 1955 July 1954 DISTRICT NO. 9 - MINNEAPOLIS (Cont'd) Mont. Billings 67,980 II Butte 51,960 ft Great Falls 54,014 II Helena 34,449 N. Dak. Bismarck 20,940 It Dickinson 5,457 If Fargo 64,896 II Grand Forks 22,908 It Jamestown 7,655 II Minot 21,019 S. Dak. Aberdeen 21,289 It Sioux Falls 86,525 Wis. Eau Claire 40,026 II La Crosse 45,286 II Superior 15,878 68,878 48,113 55,639 31,613 22,889 5,677 60,920 21,362 7,143 20,146 22,684 71,315 38,096 40,556 16,046 DISTRICT NO. 10 • KANSAS CITY Colo. Colorado Springs II Denver It Grand Junction It Greeley I f Pueblo Kans. Atchison II Dodge City I t Emporia I I Hutchinson l i Independence 1 1 Kansas City it Lawrence 11 Manhattan it Parsons 1 1 Pittsburg i t Salina ii Tqpeka t i Wichita MO. Independence If Joplin It Kansas City It St. Joseph Neb. Fremont II Grand Island II Hastings I t Lincoln I I Omaha Albuquerque N. M. It Santa Fe Okla. Bartlesville It Enid ft Guthrie I I Lawton I I Muskogee II Norman It Oklahoma City I t Okmulgee I I Ponca City I I Tulsa Wyo. Casper II Cheyenne 79,886 869,385 34,869 27,363 69,770 11,615 15,841 13,956 61,407 10,161 103,093 17,884 15,075 9,355 13,294 67,758 130,715 401,894 16,549 37,666 1,618,307 107,305 22,543 29,132 19,468 126,596 660,844 155,627 44,789 244,798 54,670 5,450 19,739 29,949 11,164 504,964 8,923 27,432 831,767 54,059 40,386 65,241 794,811 25,433 26,958 58,615 13,130 14,726 10,675 48,669 10,270 92,369 17,928 12,433 10,498 12,472 56,159 122,633 422,643 16,174 35,252 1,493,779 106,868 21,247 28,639 18,776 114,834 691,042 135,378 41,476 193,841 54,717 5,191 21,877 27,921 9,316 475,801 8,530 24,651 722,038 51,546 36,805 3 months ended — July 1955 1 July 1954 210,328 156,029 165,168 110,653 64,069 16,479 188,702 70,374 22,179 61,876 66,233 254,832 128,459 141,093 49,213 239,457 2,753,206 105,691 88,681 203,733 34,353 43,864 36,650 148,000 30,704 315,597 53,398 42,628 26,595 39,285 142,628 398,229 1,195,323 52,441 109,351 4,725,743 317,916 70,056 88,816 59,580 391,030 2,045,915 469,353 134,038 698,227 145,666 15,748 58,370 89,534 34,995 1,563,137 26,712 81,415 2,698,214 157,162 112,437 202,804 136,818 157,292 92,881 67,178 16,678 173,485 61,286 19,999 56,152 64,796 223,882 118,697 123,252 45,539 187,233 2,413,687 72,064 82,659 174,442 34,215 42,344 32,045 125,670 29,269 278,307 49,190 38,366 29,655 35,088 125,949 360,665 1,114,168 49,056 104,475 4,195,947 310,160 65,164 85,142 53,094 331,761 1,987,633 423,673 118,319 596,462 143,461 14,520 61,424 87,376 29,228 1,384,993 24,715 72,608 2,255,373 158,898 102,722 G.6f DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) 3 months ended — July 1955 July 1954 July 1955 July 1954 122,801 56,081* 210,311 26,321 65,719 l5U,2l*3 127,372 112,520 163,012 lit, 787 1,915,127 209,551 592, It 22 79,985 1,890,693 21,1*1*8 115,636 51,580 U2,988 1*51,672 17,751 72,537 85,355 93,636 101,179 48,257 203,093 24,868 56,433 135,495 120,347 114,169 165,492 12,332 1,783,406 183,374 541,545 74,610 1,756,080 18,614 98,590 47,277 41,095 409,462 17,190 61,288 79,083 83,431 386,1*17 170,01*7 730,621* 81,152 201,968 1*57,21*6 1*08,690 368,876 1*92,163 1*1,1*73 5,866,935 61*6,667 1,808,666 236,701 5,862,578 66,288 359,131 163,880 132,209 1,1*00,705 52,81*7 211,1*12 251,986 285,373 309,261 143,905 610,052 75,433 162,237 382,830 356,109 344,924 469,695 38,063 5,195,295 538,457 1,617,336 214,208 5,270,303 56,851 281,882 139,665 117,231 1,200,689 49,213 185,937 228,198 252,637 DISTRICT NO. 12 - SAN FRANCISCO Ariz. Phoenix 328,966 Calif. Bakersfield 115,637 If Berkeley 106,691 tl Fresno 168,822 II Long Beach 30k,222 It Los Angeles 1,880,310 tl Modesto 65,035 II Oakland 557,708 II Pasadena 169,60b II Riverside 73,782 tt Sacramento 610,118 II San Bernardino 95,007 1 1 San Diego 1436,81*9 11 San Francisco 3,1*06,277 II San Jose 201*, 789 II Santa Barbara 56,715 II Santa Rosa 32,1*89 II Stockton 85,705 Idaho 86,297 Boise Nev. Reno 73,191 Ore. Eugene 83,975 tl 859,527 Portland II 81*,065 Salem 63,351 Utah Ogden tl 355,001 Salt Lake City Wash. 36,91*3 Bellingham II 1*6,11*9 Everett It 1,139,1*21 Seattle II 229,931* Spokane tt Tacoma 193,596 tt 28,1*53 Walla Walla tt 66,51*5 Yakima 294,318 111,411 99,094 152,851 260,417 4,590,306 54,991 473,100 159,941 64,950 550,641 86,176 401,266 3,098,754 168,043 51,758 27,830 81,031 78,771 69,125 70,706 759,424 76,442 68,347 324,803 41,679 41,495 1,041,643 202,574 164,990 27,987 54,212 1,005,112 31*3,71*3 319,073 517,781 928,970 15,385,193 200,853 1,682,732 522,717 228,71*8 2,310,1*62 289,516 1,305,569 10,1*80,195 608,255 171,820 98,966 259,966 257,998 215,331 239,670 2,1*98,869 221*,1*81* 195,933 1,11*1*, 269 108,728 11*5,603 3,1*31*, 906 708,1*55 595,588 83,650 189,285 905,232 315,717 293,505 467,777 766,927 13,810,986 162,781 1,431,568 470,322 195,543 1,946,659 252,300 1,163,963 9,154,108 485,739 151,081 78,824 241,030 220,753 196,113 203,486 2,203,003 216,039 203,831 959,434 120,864 127,275 3,089,644 614,153 504,298 75,478 159,116 DISTRICT NO. 11 - DALLAS Ariz. Tucson Monroe La. ft Shreveport Roswell N. M. Abilene Tex. ft Amarillo II Austin II Beaumont II Corpus Christ! n Corsicana II Dallas it El Paso it Port Worth it Galveston tt Houston it Laredo ii Lubbock ii Port Arthur i t San Angelo i t San Antonio Texarkana (See Ark.) " ii Tyler tt Waco ii Wichita Falls
@FedFRASER