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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM G.6 (For Immediate Release) April l6, 1953 B A M DEBITS TO DEMAND DEPOSIT ACCOUNTS As previously announced, the bank debits series has been revised; it now includes debits only to demand deposit accounts of individuals, partnerships, and corporations and of States and political subdivisions; debits to United States Government accounts and to time deposit accounts have been eliminated. Year-ago figures have been estimated and are shown in the accompanying statement in comparison with current figures reported on the new basis. Further details regarding the revision will appear in a forthcoming issue of the Federal Reserve Bulletin.
@FedFRASER