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*******

FEDERAL

e? W /
*

statistical

RESERVE

release

For immediate release
January 16, 1962

G.6

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 December aggregated $286 billion.
During the past three months debits amounted vo $834 billion or 15.0 per cent above the total
reported for the corresponding period a year ago.

At banks in New York City there was an increase

of 22.7 per cent compared with the corresponding three-months period a year ago; at 6 other centers
the increase was 12.6 per cent; and at 337 other centers it was 8.8 per cent.

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

December 1961

December i960

Three months ended
December 1961 | December 19"5cT

10,405
126,943
12,154
16,992
10,038
11,405
38,481
6,873
4,561
10,367
11,340
26,697

Total, 3 ^ reporting centers
New York City
6 other centers*
337 other centers

9,708
107,781
io,i48
16,276
9,407
10,907
36,599
6,611
4,346
9,608
10,862
24,652

31,114
366,385
35,235
49,775
30,127
33, *66
111,930
20,620
14,019
30,037
32,201
78,856

28,346
300,625 .
28,955
45,400
27,648
31,186
103,613
19, 222
12,919
27,469
29,474
70,2801-

286,258
120,303
57,504
108,452

256,905
101,551
52,313
103,041

833,565
346,502
165,980
321,084

725,136 282,476
147,457
295,203

Adjusted for seasonal variation
December 1961
New York City
6 other centers*
337 other centers

,107,2 k5
53,898
2/102,081

November 1961
119,172
54,537
105,345

December i960
88,381
47,871
94, 687

ANNUAL RATE OF TURNOVER OF DEMAND DEPOSITS
EXCEPT INTERBANK AND U. S. GOVERNMENT DEPOSITS

New York City
6 other centers*
337 other centers
*

Without
seasonal adjustment
Dec.
Nov.
Dec.
1261
1261
1260
64.4
75.0
37.9
36.5
27.2
26.6

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




Adjusted for
seasonal variation
Dec.
Nov.
Dec.
1261
1261
1260
77.7
39.0
27.1

57.8
34.3
25.1

2/ Preliminary.

BANK DEBITS - December 1961
(In thousands of dollars)

-2j i r e x u i i.t ciiucu
L i e u i ui>
December 1961 December i960 |December 1961 | December 19b0
DISTRICT NO. 1 - BOSTON

Connecticut:

Hartford
New Haven
New London
Waterbury

Maine:

Bangor
Lewi s ton-Auburn
Portland

Massachusetts:

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

New Hampshire:

1,525,406
472,936
89,400
151,336

1,347,697
448,256
91,319
137,282

4,427,150
1,453,903
282,866
451,716

3,857,714
l, 321,963
267,616
422,277

84,553
51,684
190,758

90,703
53, 578
181,425

260,125
152,706
591,328

259,696
159,886
538,278

5,590,715
114,536
78,824
64,861
76,417
78,332
82,464
88,312
63,520
361,844
323,185

5,167,134
92,358
73,827
62,340
74,991
93,821
75,107
83,314
64,402
341,709
303,549

16,673,554
343,959
247,558
207,956
239,080
244,565
272,769
268,282
208,765
1,076,072
950,793

15,160,518
290,968
228,262
190,019
231,082
250,929
247,410
252,914
197,842
1,012,138
867,095

Concord
Manchester

42,754
119,990

42,159
114,864

123,454
330,670

116,843
312,780

Rhode Island:

Providence

697,787

713,223

2,117,103

1,989,057

Vermont:

Burlington

55,853

55,425

189,266

170,727

DISTRICT NO. 2 - NEW YORK
Connecticut:

Bridgeport
Stamford

New Jersey:

Elizabeth
Jersey City
Montelair
Newark
Paterson-Passaic

New York:

Binghamton
Buffalo
Elmira
Jamestown
New York
Poughkeepsie
Rochester
Schenectady
Syracuse
Utica




329,535
170,783

296,709
153,778

962,451
506,725

866,057
448,313

268,870
670,521
69,234
1,799,900
516,992

220,811
678,047
63,096
1,580,768
500,716

822,852
1,902,715
208,929
5,330,038
1,581,964

697,613
1,822,940
187,863
4,482,423
1,511,067

290,638
2,887,143
215,990
163,588
346,501,683
324,239
2,405,239
334,223
1,456,739
490,013

293,957
2,967,068
207,872
145,832
282,476,300
292,280
2,193,386
313,475
1,263,107
455,570

95,268
969,146
72,081
52,315
120,303,154
106,201
790,564
110,304
459,890
158,623

99,998
982,964
72, o4o
49,692
101, 551,242
96, 582
750, 392
106,165
421,086
157,277

BAHK DEBITS - December 1961
(In thousands of dollars)
Three months ended
December 1961 December i960
December 1961 |December 1960~
DISTRICT NO. 3 - PHIIADELPHIA
Delaware:

Wilmington

New Jersey:

Atlantic City
Camden
Trenton

Pennsylvania:

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

1,635,969

1,058,287

4,159,480

2,724,735

129,852
352,448
484,672

98,767
340,149
428,203

386,232
1,097,532
1,417,068

298,923
1,011,551
1,210,682

170,971
52,069
73,596
105,280
220,116
34,710
72,374
129,868
37,423
80,865
7,919,160
218,149
132,577
119,812
46,111
137,566

150,790
48,745
115,970
98,281
224,111
37,232
69,663
118,864
34,830
84,157
6,632,228
179,969
139,650
120,005
45,628
122,015

526,461
158,561
221,565
319,237
701,104
109,658
229,615
391,290
112,568
247,083
23,144,444
681,891
408,903
360,686
138,699
423,395

451,854
145,474
241,405
297,646
669,422
108,723
214,457
362,972
103,784
253,498
19,081,392
536,850
409,136
340,748
131,766
360,308

DISTRICT NO. 4 - CLEVELAND
Kentucky:

Covington-Newport
Lexington

Ohio:

Pennsylvania:




73,406
253,800

77,527
241, 769

230,239
611,172

224,207
543,304

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

602,062
201,875
1,919,833
4,280,488
1,234,708
567,991
79,924
81,194
51,160
89,469
73,674
34,143
85,578
42,574
864,359
90,817
257,297
42,853

579,793
191,849
1,867,116
3,938,160
1,165,403
532,715
80,910
75, too
53,151
8,l.t
19fl
66,023
33,291
85,426
41,500
757,876
87,071
265,1*1
4l, 555

1,872,604
609,721
5,800,528
12,665,524
3,612,245

1,756,642
590,703
5,335,141
11,445,905
3,368,649
1,586,749
235,383
219,952
153,001
258,413
193,672

Butler
Erie
Franklin
Greensburg
Oil City
Pittsburgh
Sharon

57,456
160,706
10,847
34,248
29,983
5,633,940
49,395

57.038
156,675
9,789
38,506
29,769
5,587,9tL
46.039

175,345
490,418
34,395
109,859
89,848
16,025,542
151,214

174,253
463,073
32,506
113,089
85,772
l4,364,823
135,765

88,539

86,487

266,305

260,838

Wheeling

1,712,628
239,009
236,7%
149,165
284,057
210,395
101,149
250,957
126,327
2,535,508
275,136
780,819
128,555

96,888

243,817
116,823
2,249,490
257,901
773,642
119,746

B A M DEBITS - December 1961
(In thousands of dollars)

-4Three months ended
December 1961 December i960
December 19611 December I960
DISTRICT NO. 5 - RICHMOND

District of
Columbia:
Maryland:

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

Florida:

Georgia:

Louisiana:
Mississippi:

Tennessee:




Anniston
Birmingham
Dothan
Gadsden
Mobile
Montgomery
Jacksonville
Miami
Orlando
Pensacola
St. Petersburg
Tampa
Albany
Atlanta
Augusta
Brunswick
Columbus
Elberton
Macon
Newnan
Savannah
Valdosta
Baton Rouge
Lake Charles
New Orleans
Hattiesburg
Jackson
Meridian
Vicksburg
Chattanooga
Knoxville
Nashville

2,116,989
2,341,792
2,109,836
2,203,136
35,441
40,156
36,696
37,530
50,025
53,867
103,309
108,735
596,707
652,814
115,070
114,484
279,921
321,535
29,854
32,380
364,857
392,282
51,831
54,876
35,553
33,918
322,052
447,427
136,794
135,764
269,494
267,365
208,870
2.13,520
101,365
98,644
60,663
53,307
55,584
57,749
87,169
80,431
90,944
86,959
401,853
425,036
51,192
53,957
1,038,015
1,031,876
210,694
224,013
49, 244
50,716
210,681
217,180
55,526
42,398
103,916
103,306
44,173
44,288
DISTRICT NO.
- ATLANTA
45,384
45,031
853,713
863,575
38,668
4o,4oi
37,322
37,185
326,232
301,911
175,772
176,957
893,634
858,214
1,008,127
996,526
276,126
259,115
88,692
93,805
218,201
238,456
458,598
478,845
58,660
62,572
2,184,438
2,497,342
122,398
120,743
31,003
27,875
120,642
115,392
io,o64
9,623
124,858
144,437
26,913
27,051
194,060
185,824
34,968
35,337
276,174
267,925
83,709
83,709
l, 453,053
1,474,329
39,688
38,813
329,916
347,973
44,491
44,590
22,051
23,247
355,821
337,025
281,073
279,810
837,428
746,225

6,810,080
6,593,254
120,671
112,125
159,492
319,890
1,949,090
389,051
926,585
116,554
1,355,672
175,627
149,762
1,219,047
418,296
851,938
650,825
309,247
187,477
225,958
256,046
270,903
1,255,202
157,108
3,100,854
657,606
139,648
681,017
130,277
303,718
133,996
135,028
2,688,582
123,468
113,271
.09,303
549,493
2,514,643
2,802,446
776,990
256,169
670,740
1,355,661
184,372
7,229,514
369,274
89,511
357,652
29,102
419,590
71,209
539,299
107,195
810,589
248,330
4,133,510
ll4,938
1,078,478
l4i,44o
70,298
1,055,846
8o6,444
2,513,546

6,009,862
6,207,715
105,479
105,102
147,703
296,449
1,795,084
379,234
801,676
116,983
1,124,395
161,292
147,694
879,873
394,610
792,821
623,628
293,376
158,616
230,153
230,967
249,709
1,203,391
150,420
3,095,592
6o4,774
137,101
625,270
140,963
307,899
129,913
129,364
2,519,670
113,297
ill,323
925,015
526,021
2,463,285
2,695,073
722,518
262,615
624,697
1,276,687
165,387
6,4o6,8l4
344,833
76,092
329,296
29,713
367,221
64,362
557,181
105,015
785,588
234,648
4,076,514
113,217
994,829
136,804
66,230
968,665
763,132
2,230,732

BANK DEBITS - December 1961
(In thousands of dollars)
Three months ended
December 1961 December i960
December 1961 1December I960
DISTRICT NO. 7 - CHICAGO
-5-

Illinois:

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

83,363
86,466
90,260
20,766,695
52,748
127,492
53,520
95,776

87,711
76,951
83,408
19,497,803
53,229
123,163
57,568
94,093

244,743
276,484
288,992
60,296,758
171,614
405.508
167,163
290,297

254,865
242,929
272,588
54,520,825
160,726
386,901
161,281
274,478

126,621
264,009
217,605

136,720

133,573
235,277
218,351
134,674

371,059
785,760
635,869
432,511

383,645
689,008
630,912
4lo, 574

290,707
150,731
91,459
1,314,034
92,493
95, 577
237,925
98,953

984,188
482,985
291,234
4,281,074
294,712
304,062
718,091
304,897

887,568
462,156
272,908
3,938,755
288,852
289,024
672,648
287,660
124,243
472,324
92,390
393.872
1,724,061
24o, 504
161,164
59,498
126,215
631,442
339,972

Indiana:

Fort Wayne
Gary
Hammond
Indianapolis
Lafayette
Muncie
South Bend
Terre Haute

317,108
153,098
95,882
1,376,371
92,624
97,699
251,923
110,127

Iowa:

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

45,230
159,382
29,033
144,907
569,406
84,059
51,868
21,613
4o,4o4
212,634
107,472

43,655
163,139
32,849
132,568
577,869
84,050
54,64o
20,324
43.297
215,287
113,712

131,617
493,204
87,017
429,587
1,803,343
243,808
158,136
63,566
122.509
680,257
331,067

Michigan:

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

28,383
87,014
63,376
7,897,842
236,322
408,560
106,060
194,684
197,699
95,908
50,325
151,585

30,053
87,180
66,645
7,490, 362
219,417
388,487
103,338
186,555
191,532
103,426
50,728
154,368

82,740
247,812
186,980
22,271,841
651,401
1,235,984
317,555
552,694
577,652
285,466
153,158
449,400

88,4io
248,475
196,251
21,343,135
624,169
1,154,886
312,653
532,781
530,014
304.873
147,255
442,722

Wisconsin:

Green Bay
Kenosha
Madison
Manitowoc
Milwaukee
Oshkosh
Racine
Sheboygan

100,43^
74,368
230,306
39,835
2,214,021
42,921
116,073
83,562

101,042
77,157
225,405
38.298
2,193,704
43,972
115,498
82,388

302,536
215,954
697,516
113,609
6,314,391
129,906
326,563
244,313

295,735
220,381
638,352
109,224
5,883,982
126,470
325,886
233,836

r/Revised figure: Joliet, Illinois: November 1961, 95,225.




BANK DEBITS - December 1961
(In thousands of dollars}"

-6
Three months ended
December i960 December 1961 1December I960
DISTRICT NO. 8 - ST. LOUIS
December 1961

Arkansas:

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

36,014
75,109
18,806
262,844
72,216

35,016
65,769
20,114
248,072
73,911

102,769
221,830
65,931
830,589
263,212

97,196
197,872
48,456
762,074
243,867

29,842

27,965

93,150

87,629

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

44,774

46,682

139,811

134,002

138,806
59,076

156,554
52,071

424,835
182,199

443,426
159,200

Indiana:

Evansville

183,621

191,138

581,743

564,64l

Kentucky:

Louisville
Owensboro
Paducah

1,070,835
69,415
44,352

1,064,856
68,620
44,252

3,107,665
196,666
127,807

2,905,392
182,644
123,774

Mississippi:

Greenville

41,219

39,458

141,063

131,619

Missouri:

Cape Girardeau
Hannibal
Jefferson City
St. Louis
Sedalia
Springfield

22,563
14,178
174,018
3,148,208
23,216
125,582

23,543
14,965
109,727
3,038,845
22,669
115,449

66,147
44,i4o
538,840
9,162,558
67,040
387,994

68,885
42,839
374,996
8,603,286
62,720
353,872

Tennessee:

Jackson
Memphis

38,933
1.179.795

36,043
1,115,243

118,112
S.755.989

122,115
3,511.069

Illinois:

DISTRICT NO. 9 - MINNEAPOLIS
Minnesota:

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

Montana:

152,920
40,907
2,364,101
9,210
68,906
34,023
946,728
95,439
26,735

154,396
42,495
2,244,313
8,681
68,033
32,370
862,852
97,110
25,615

504,833
125,822
7,228,610
27,906
200,833
102,619
2,883,426
306,877
81,391

506,791
126,923
6,530,496
27,977
188,518
95,747
2,591,646
295,468
74,240

Billings
Butte
Great Falls
Helena

99,309
53,756
90,166
52,359

101,448
60,561
85,64o
43,697

313,182
165,235
281,584
154,026

312,223
176,308
259,953
160,832

North Dakota:

Bismarck
Dickinson
Fargo
Grand Forks
Jamestown
Minot

32,444
13,677
98,032
35,420
11,586
34,253

33,082
14,769
90,219
34,535
11,843
35,807

99,288
44,222
310,346
117,306
35,627
112,552

99,086
43,488
288,978
108,911
37,224
117,412

South Dakota:

Aberdeen
Sioux Falls

25,664
130,781

26,305
125,610

88,659
402,462

85,046
372,526

Wisconsin:

Eau Claire
La Crosse
Superior

59,915
63,148
21,929

58,804
61,348
21,769

178,180
188,007
65,809

164,244
189,442
65,196




BANK DEBITS - December 1961
(In thousands of dollars)
Three months ended
December 1961 December i960
December 1961 I December I960
DISTRICT NO. 10 - KANSAS CITY
7-

Colorado:

Colorado Springs
Denver
Grand Junction
Greeley
Pueblo

Kansas:

113,692
1,878,873
42,326
62,353
89,669

102,031
1,576,951
40,376
64,615
86,887

355,410
5,251,194
127,945
203,824
270,770

307,4o6
4,602,405
116,444
189,872
250,085

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

18,209
23,221
21,625
65,766
14,601
152,314
24,435
21,551
11,382
19,310
75,504
225,394
475,644

16,825
23,668
21,479
64,517
13,421
139,887
24,082
20,685
11,993
22,269
64,502
230,8l4
467,085

53,409
75,714
73,792
186,681
42,243
441,46l
74,269
65,101
35,431
61,382
214,113
684,341
1,431,075

48,220
68,830
65,196
171,761
37,449
4oo, io4
71,462
58,590
35,490
62,561
187,783
642,510
1,319,173

Missouri:

Independence
Joplin
Kansas City
St. Joseph

29,673
46,694
2,277,604
137,625

24,624
45,679
2,128,951
137,596

91,252
143,203
6,565,962
420,422

72,153
132,803
5,983,947
409,325

Nebraska:

Fremont
Grand Island
Hastings
Lincoln
Omaha

35,344
39,132
28,640
234,204
990,012

31,417
38,049
27,968
219,193
962,292

102,479
116,725
83,186
628,566
2,895,514

89,517
111,795
77,718
620,333
2,720,450

New Mexico:

Albuquerque
Santa Fe

282,239
69,755

280,293
60,399

875,235
206,485

830,504
170,332

Oklahoma:

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

339,004
67,240
6,135
40,232
46,631
21,649
935,428
10,038
36,110
1,215,165

341,806
62,748
6,419
36,679
53,303
20,177
826,946
10,259
31,928
1,121,770

1,031,142
194,334
17,333
110,434
139,955
65,472
2,682,499
31,048
102,550
3,414,387

1,007,937
172,484
18,394
101,147
138,274
57,772
2, 228,526
30,277
87,108
3,346,946

Wyoming:

Casper
Cheyenne

80,873
61,717

83,988
63,003

246,825
223,554

233,5io
192,210




BANK DEBITS - December 1961
(In thousands of dollars)
December 1961 December i960

Three months ended
December 1961 I December I960

DISTRICT NO. 11 - DALLAS
Arizona:

Tucson

343,754

2^1,783

943,751

679,118

Louisiana:

Monroe
Shreveport

90,579
326,732

80,067
348, 048

276,573
983,860

246,163
1,000,112

New Mexico:

Roswell

53,526

43,639

160,449

132,590

Texas:

Abilene
Amarillo
Austin
Beaumont
Corpus Christ!
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

108,862
232,979
250,840
184,4oo
212,308
18,399
3,523,772
398,804
852,798
104,595
3,163,989
30,784
307,002
64,511
53,842
663,912

105,664
219,863
203,982
170,447
195,305
18,063
3,554,175
381,520
84i, 044
94,760
2,941,059
30,167
306,169
66,473
53,278
623,852

327,776
717,598
735,414
537,523
618,698
57,391
9,829,145
1,131,430
2,482,406
285,200
8,873,262
84,945
798,224
194,669
167,348
1,951,603

25,123
89,747
119,702
118,760

23,083
82,524
110,730
126,263

72,569
275,207
338,876
357,037

69,457
248,986
322,965
351,682

2,322,159

311,751
671,019
616,146
491,093
564,060
53,514
9,116,293
1,070,438
2.333.618
275,580
7,947,355
82,763
757,674
194,527
160,034
1.776.619

DISTRICT NO. 12 - SAN FRANCISCO
Arizona:

Phoenix

California:

Baker.sfield r/
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:

859,070

825,845

2,662,514

256,370
162,799
341,196
317,524
9,074,066
111,302
872,134
263,925
129,979
1,046,024
159,820
1,084,878
6,255,214
495,670
104,755
70,258
163,095

232,503
165,940
384,024
344,097
8,099,846
105,945
829,593
254,301
129,638
1,229,911
148,559
943,767
5,425,276
431,628
89,444
63,436
155,931

763,899
493,343
1,052,788
977,893
25,511,219
348,4o4
2,524,376
795,360
396,047
3,815,129
439,335
3,253,557
18,081,852
1,465,775
325,997
214,995
511,993

Boise

143,151

145,112

434,561

420,130

Nevada:

Reno

138,761

132,736

393,845

377,103

Oregon:

Eugene
Portland
Salem

103,455
1,121,528
142,992

98,160
1,252,430
150,626

332,783
3,563,255
474,727

Utah:

Ogden
Salt Lake City

105,613
624,200

106,4oo
620,631

Washington:

Bellingham
Everett
Seattle
Spokane
Tacoma
Walla Walla
Yakima

38,132
62,893
1,811,618
275,300
253,768
34,037
73,786

43,434
63,429
1,568,360
283,049
223,472
34, 407
69,693

r/Revised figure: Bake.rsf old, California: November 1961, 296,891.



1

313,767
*71,359

118,511
193,968
5,511,372
903,281
759,706
110,597
240,244

635,717
476,081
1,109, 513
1,014,867
21,954,331
323,874
2,346,274 t
722,350
364,818
4,092,261 rv
421,302
2,781, 561
15,396,387
1,239,942
269,688
181,569
468,603

313, 334
3,649,594
417,869
314,320
1,748,892
129,582
183,428
4,708,336 :
l
890,704
682,990
104,715
217,536 n.