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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM G.6 March 13, 1956. (For Immediate Release) 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 February aggregated $162 billion. During the past three months debits amounted to $550 billion or 10.1 per cent above the total reported for the corresponding period a year ago. At banks in New York City there was an increase of 7.5 per cent compared with the corresponding three-months period a year ago; at 6 other centers the increase was 12.3 per cent; and at 337 other centers it was 11.5 per cent. Preliminary estimates of the annual rates of turnover of demand deposits in February are 4l.l at New York City, 27.4 at 6 other centers, and 20.8 at 337 other centers. SUMMARY BY FEDERAL RESERVE DISTRICTS Federal Reserve District (In millions of dollars) February ' February 1955 125I 6,629 Boston New York 62,004 Cleveland 11,540 Atlanta Chicago St. Louis Minneapolis Kansas City Dallas 7,150 25,033 4,631 2,881 6,326 6,909 6,958 Philadelphia 6,387 Richmond San Francisco Total, 344 reporting centers New York City 6 other centers * 337 other centers 6,026 61,176 6.247 9,664 5,675 6.248 22,086 4,143 2,576 5,758 6,087 15.638 14,057 162,087 57,413 35,143 69,531 149,744 57,091 31,595 3 months ended — February 19561 February 1955 19,933 21,941 207,065 222,971 20,943 22,673 32,058 37,811 18,996 21,051 20,302 22,824 72,306 82,917 13,937 15,203 8,650 9,393 19,174 20,399 20,909 22,817 45,192 49.963 499,464 193,550 103,344 202,571 549,964 208,115 116,055 225,794 61,058 DEBITS BY BANKS IN EACH REPORTING CENTER (][n thousands of dollars) DISTRICT NO. 1 - BOSTON Hartford Conn. II New HaVen t t New London « Waterbury Bangor Maine II Lewi ston-Auburn II Portland Boston Mass. II Brockton II Fall River II Holyoke Lawrence-Andover •Methuen • Mass. Lowell Mass. If Lynn II New Bedford I I Pittsfield I I Springfield 1 1 Worcester Concord N. H. II Manchester Providence R. I. Burlington Vt. Digitized FRASER Philadelphia, * forBoston, February 1956 February 1955 909,563 334,939 57,965 101,108 60,936 39,395 117,231 3,497,532 61,310 845,223 269,509 40,693 88,484 54,346 33,836 102,323 3,260,151 53,516 53,441 38,794 60,386 46,867 55,611 56,692 56,177 64,449 43,954 231,026 229,349 28,085 68,686 471,841 36,154 49,618 49,514 49,453 60,703 34,571 204,610 187,558 24,941 61,269 435,033 28,241 3 months ended -February 1956 February 1955 2,681,767 882,347 134,422 2,908,838 1,080,264 185,807 317,510 191,676 127,709 375,091 11,782,784 197,941 193,032 151,969 182,404 181,747 177,635 211,171 145,287 276,058 173,201 114,384 344,310 10,862,332 175,400 178,270 130,860 164,290 159,079 165,072 200,936 116,464 763,801 725,309 94,792 230,332 1,598,703 117,224 Chicago, Detroit, San Francisco, and Los Angeles. 698,086 624,942 89,803 210,839 1,453,343 96,840 G.6a DEBITS BY BANKS IN EACH REPORTING CENTER (in thousands of dollars) February February 1956 DISTRICT NO. 2 - NEW YORK Conn. Bridgeport II Stamford Elizabeth N. J. II Jersey City II Montelair 1 1 Newark 1 1 Paterson-Passaic Binghamton N. Y. n Buffalo 11 Elmira n Jamestown it New York n Poughkeepsie it Rochester 1 1 Schenectady it Syracuse 11 Utica DISTRICT NO. 3 - PHILADELPHIA Del, Wilmington N. J. Atlantic City It Camden It Trenton Pa. Allentown II Altoona II Bethlehem n Chester 11 Harrisburg 4 t Hazleton 1 1 J ohnstown it Lancaster 11 Lebanon 11 Norristown 1 1 Philadelphia 1 1 Reading 1 1 Scranton it Wilkes-Barre it Williamsport 11 York DISTRICT NO. 4 - CLEVELAND Ky. Covington-Newport IT Lexington Ohio Akron it Canton Cincinnati Cleveland Columbus Dayton Hamilton Lima Lorain Mansfield Middletown Portsmouth Springfield Steubenville Toledo Warren Youngstown DigitizedZanesville for FRASER 244,619 87,770 160,779 447,706 52,499 1,027,851 376,760 84,323 896,560 61,515 45,941 57,412,805 68,469 489,978 93,184 342,186 111,384 425,585 69,666 226,174 237,847 114,029 39,343 56,110 65,096 160,859 27,669 55,094 99,386 24,383 46,761 :4,822,537 148,031 113,946 82,281 197,597 84,398 145,531 398,509 51,043 987,118 317,756 72,240 772,472 51,618 39,800 57,090,801 63,742 431,706 83,912 288,623 99,182 73,061 208,115,440 218,303 1,601,809 301,810 1,043,115 365,445 1,559,867 226,321 751,724 804,753 366,019 124,221 188,144 209,994 534,520 94,529 178,091 308,943 78,574 149,757 26,382 44,138 86,215 20,956 38,565 4,336,696 128,564 105,576 78,702 50,921 93,867 345,125 143,391 1,210,318 2,424,364 741,840 342,101 50,852 60,197 25,937 58,121 46,786 25,962 55,223 28,315 460,665 56,239 224,369 34,881 201,119 150,083 188,875 278,092 94,648 32,461 48,258 55,829 140,329 54,371 91,432 423,635 175,124 1,454,583 3,057,034 866,406 395,288 61,494 59,120 30,526 67,787 54,701 64,717 33,496 561,357 171,888 3,448,008 1,215,592 272,088 2,784,173 58,918 30,803 87,864 27,818 773,996 281,400 519,632 1,506,997 365,225 33,993 109,266 3 months ended — February 19561 February 1955 170,of1 31,<^3 1 5 ' » 374,912 273,387 115,501 341,959 177,326 436,357 1,325,957 551,425 4,613,972 9,997,810 2,622,082 1,281,669 199,733 185,175 100,921 228,301 186,928 92,226 208,377 103,567 1,807,060 239,560 713,992 115,136 647,419 282,279 479,625 1,321,331 165,917 3,269,597 1,054,293 237,777 2,551,040 177,263 135,880 193,549,584 204,044 1,455,376 275,958 926,366 330,890 1,520,742 197,534 679,239 759,033 320,161 io4,581 156,467 191,655 472,227 88,707 143,435 271,823 68,050 131,161 14,402,962 425,341 349,859 262,781 102,199 294,704 168,744 437,080 1,143,502 463,197 3,970,739 8,147,028 2,401,532 1,114,983 174,946 200,644 86,611 196,207 157,356 87,669 181,864 88,531 1,602,959 199,100 578,421 102,958 G.6b DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) February JS5LDISTRICT NO. 4 - CLEVELAND (Cont'd) Pa. 50,694 Butler II 135,833 Erie II 8,538 Franklin It 27,584 Greensburg II 21,484 Oil City II Pittsburgh 3,372,269 It 39,021 Sharon W. Va. 73,800 Wheeling DISTRICT NO. 5 - RICHMOND D. C. Washington Md. Baltimore ft Cumberland If Frederick II Eagerstown N. C. Asheville II Charlotte II Durham II Greensboro II Kinston II Raleigh II Wilmington II Wilson II Winston-Salem s . c. Charleston II Columbia II Greenville II Spartanburg Va. Charlottesville II Danville II Lynchburg II Newport News II Norfolk II Portsmouth II Richmond II Roanoke W, Va# Bluefield 11 Charleston 11 Clarksburg n Huntington it Parkersburg DISTRICT NO. 6 - ATLANTA Ala. Anniston II Birmingham II Dothan II Gadsden II Mobile II Montgomery Fla. Jacksonville II Miami It Orlando II Pensacola II St. Petersburg II Tampa 1,412,465 1,555,461 23,209 22,307 43,603 69,161 420,223 82,074 147,384 21,120 201,311 48,257 20,037 183,312 86,203 186,097 139,642 66,493 34,461 42,131 56,073 59,333 286,919 36,883 640,687 138,590 51,552 168,139 36,255 76,653 31,205 34,475 595,882 22,811 26,660 214,153 115,609 537,189 593,083 130,010 68,733 132,267 271,346 February 1955 3 months ended — February 195^1 February 1955 39,963 117,502 7,016 23,124 24,382 2,931,567 33,062 65,282 157,643 430,739 26,226 87,233 72,455 11,450,053 128,157 270,533 129,902 378,036 21,496 77,691 73,001 9,537,326 105,429 230,968 1,199,564 4,604,099 5,164,228 78,900 74,067 135,236 223,201 1,376,761 263,766 482,865 70,541 3,887,472 4,972,898 71,957 69,441 120,131 211,694 1,203,439 240,148 440,201 70,537 599,312 148,879 69,541 527,501 236,929 502,274 1,423,627 21,540 20,468 37,853 60,937 375,996 73,119 141,486 20,691 193,809 46,960 19,941 160,046 74,503 155,999 111,622 60,267 32,807 36,617 48,540 50,567 252,415 33,211 597,533 116,878 39,889 149,464 29,034 63,378 25,891 28,011 434,307 18,146 22,957 176,603 107,362 482,235 503,883 113,907 56,275 119,435 225,416 698,089 156,620 69,663 599,382 280,088 591,096 440,258 218,369 115,107 145,249 187,397 185,367 950,718 114,319 2,107,820 455,945 177,626 592,967 129,659 246,034 116,012 109,368 1,934,918 72,283 91,388 675,767 373,062 1,750,542 1,808,120 405,776 212,496 418,483 631,698 391,805 206,116 106,288 125,984 158,197 159,507 854,920 106,976 1,996,140 382,677 131,411 563,070 113,347 233,031 93,689 93,190 1,452,280 57,472 76,545 574,396 333,700 1,577,772 1,578,765 370,105 176,754 376,818 716,290 G.6C DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) February 1956 DISTRICT NO. 6 - ATLANTA (Cont'd) AlbanyGa. 18,795 ti Atlanta 1,395,032 n Augusta 87,20k it Brunswick I6,0k0 n Columbus 91,557 »i Elberton 5,132 ti Macon 96,977 ti Newnan 13,071 ti Savannah 136,888 it Valdosta 22,269 Baton Rouge Lst« 113,313 n Lake Charles 71,910 i i 1,110,366 New Orleans 27,2hh Battlesburg Miss. it 185,706 Jackson tt Meridian 33,321 it I5,6k6 Vicksburg Chattanooga Tenn. 239,013 tt 151,810 Knoxville tt Nashville 510,113 DISTRICT NO. 7 - CHICAGO Aurora 111. II Bloomington II Charapaign-Urbana t t Chicago tt Danville It Decatur II Elgin t t Joliet Moline-East MolineIt Rock Island It Peoria I t Rockford I t Springfield Fort Wayne Ind. 11 Gary It Hammond I f Indianapolis f t Lafayette I f Muncie 11 South Bend t t Terre Haute Burlington Iowa It Cedar Rapids t t Clinton I f Davenport II Des Moipes II Dubuque I t Mason City f t Muscatine II Ottumwa I I Sioux City I I Waterloo February 1955 42,256 1,243,429 86,384 13,536 79,434 4,025 90,254 12,017 116,766 19,412 135,134 60,487 1,010,957 22,094 3 months ended — February 1956 February 195: 27,467 15,646 209,610 154,107 458,593 157,70k k,531,861 280,185 51,702 301,997 17,971 320,093 1*2,518 133,833 76,620 169,956 233,197 3,110,58b 82,01k 581,595 100,005 51,019 81k,525 5kk,3l8 1,635,673 53,186 51,921 58,k57 12,k37,k8o k5,58k 107,169 3k,19k 6?,8k0 45,027 49,512 49,718 11,235,042 39,627 84,711 30,312 58,365 17k,k62 186,725 186,275 kl,777,k89 Ik7,l63 339,9kO 109,312 220,78k 82,023 197,k90 160,07k 102,018 218,928 10k,k5k 63,18k 929,955 55,763 65,079 18k,297 72,k86 23,369 112,013 22,279 9k,373 387,599 51,715 3k,611 12,226 28,386 120,k58 79,736 72,862 174,787 132,524 90,300 193,025 84,176 55,194 807,487 53,701 60,135 155,973 67,336 21,484 89,711 20,692 84,445 360,945 47,302 34,884 12,037 24,785 124,913 72,779 26k,181 637,90k 511,233 3k0,263 705,700 336,622 202,657 2,962,909 182,880 216,992 592,033 238,910 77,k86 35k,502 70,301 308,993 1,295,09k 168,672 118,667 39,652 9k,Ok8 kll,100 259,k59 158,310 141,452 4,075,222 277,273 43,526 268,556 13,854 300,293 37,807 398,956 64,123 438,742 191,542 3,186,260 68,448 514,467 87,810 50,777 717,189 553,925 1,487,347 151,982 165,698 164,458 36,810,717 134,609 295,956 100,199 197,127 244,088 569,699 431,001 303,142 635,516 277,158 182,092 2,653,819 171,299 195,265 520,795 223,240 74,175 315,927 70,575 284,666 1,229,201 155,931 116,524 39,503 85,439 445,492 252,073 G.6d DEBITS BY BAMS IN EACH REPORTING CENTER (In thousands of dollars) February 1956 DISTRICT NO. 7 - CHICAGO (Cont'<*) Adrian Mich. 22,969 II Battle Creek 69,532 it Bay City 46,664 fl Detroit 5,875>567 If Flint 174,284 H Grand Rapids 302,278 n Jackson 91,247 n Kalamazoo 132,901 « Lansing 150,636 it Muskegon 79,933 ir Port Huron 38,822 « Saginaw 109,911 Green Bay Wis, 82,632 11 Kenosha 57,919 If Madison 176,590 II Manitowoc 29,841 II Milwaukee 1,354,890 n Oshkosh 35,386 it Racine 88,637 ti Sheboygan 53,402 February 1955 19,249 65,076 40,955 5,028,729 152,354 269,666 77,987 106,914 126,641 72,062 34,068 98,503 74,741 44,298 138,880 27,304 1,125,182 30,729 71,575 47,268 DISTRICT NO. 8 - ST. LOUIS El Dorado Ark. 11 Fort Smith Helena II Little Rock It Pine Bluff II Texarkana (See Tex.) Alton 111, E. St. Louis & Nat. Stock Yds. Quincy 111. Ind. Evansville Ky, Louisville II Owensboro II Paducah Miss,, Greenville Mo, Cape Girardeau II Hannibal II Jefferson City II St. Louis 1 1 Sedalia II Springfield Tenn. Jackson II Memphis 2,142,447 14,021 72,589 26,050 700,514 59,843 1,857,595 12,846 65,946 21,676 644,276 DISTRICT NO. 9 - MINNEAPOLIS Duluth Minn. II Mankato II Minneapolis 11 Red Wing 11 Rochester II St. Cloud It St. Paul « South St. Paul « Winona 129,927 25,478 1,449,209 5,842 29,106 18,227 598,775 65,853 18,918 102,714 22,100 1,285,191 5,180 27,028 15,305 557,374 65,513 17,556 27,750 51,608 7,542 171,843 36,350 18,403 35,572 118,552 34,208 149,846 834,561 43,739 25,487 27,883 14,250 9,397 68,088 25,699 46,627 7,676 161,999 28,699 15,971 33,391 116,019 33,562 145,930 747,695 42,677 27,655 26,588 12,927 8,185 3 months ended -February 19561 February 195 76,471 219,931 156,043 19,527,536 555,163 965,219 300,622 433,572 476,966 262,724 128,809 367,043 257,357 178,784 492,338 98,224 4,330,738 111,996 273,037 172,227 62,495 207,396 135,209 16,254,313 495,624 874,700 259,277 349,469 412,607 91,278 166,415 30,558 572,250 120,754 62,059 118,499 382,070 115,138 509,984 2,694,711 154,151 82,927 93,274 48,657 32,027 224,030 87,693 157,789 228,856 110,231 323,153 228,536 137,722 453,513 88,244 3,699,551 101,616 230,111 156,269 28,967 521,006 105,554 52,694 107,743 384,627 110,807 492,804 2,355,582 140,755 89,301 100,068 45,357 28,003 46,447 243,345 90,416 2,318,445 189,947 6,384,258 42,877 222,892 71,365 2,217,357 425,899 82,548 4,657,824 19,714 99,082 57,712 1,983,651 226,722 61,534 363,388 77,754 4,310,803 18,133 92,182 52,230 1,795,225 234,375 58,797 7,005,281 G.6e DEBITS BY BAMS IN EACH REPORTING CENTER (In thousands of dollars) February 1956 DISTRICT NO. 9 - MINNEAPOLIS (Cont'd) Mont. Billings 70,387 It Butte 50,958 U Great Falls 52,701 ti Helena 33,095 Bismarck N. Dak. 20,445 It Dickinson 5,788 n Fargo 59,167 it Grand Forks 22,641 it Jamestown 6,839 1! Minot 20,103 Aberdeen S. Dak. 21,889 It Sioux Falls 71,717 Wis. Eau Claire 39,881 II La Crosse 46,451 It Superior 17,500 DISTRICT NO, 10 • KANSAS CITY Colo. Colorado Springs It Denver II Grand Junction it Greeley if Pueblo Atchison Kans. If Dodge City II Emporia If Hutchinson If Independence tr Kansas City if Lawrence tr Manhattan if Parsons n Pittsburg it Salina n Topeka it Wichita Mo. Independence It Joplin If Kansas City If St. Joseph Neb. Fremont II Grand Island It Hastings If Lincoln If Omaha Albuquerque N. M. If Santa Fe Okla. Bartlesville If Enid It Guthrie If Lawton If Muskogee It Norman II Oklahoma City If Okmulgee If Ponca City If Tulsa Casper Wyo, It Cheyenne February 1955 3 months ended -February 1956 February 1955 39,796 51,474 27,090 19,187 4,641 53,864 21,356 6,642 18,282 19,495 64,140 34,788 40,338 15,200 236,073 174,414 177,406 103,839 63,474 19,409 196,430 72,670 23,829 67,213 69,623 245,041 126,535 150,725 51,973 213,867 136,416 178,431 98,414 64,343 76,634 855,966 32,205 27,778 62,955 10,734 13,592 13,074 41,228 12,286 102,428 16,430 14,104 7,818 14,994 35,524 126,025 369,436 19,809 66,741 755,096 27,498 250,862 2,757,670 100,936 1,433,366 95,768 1,328,720 223,223 2,544,783 88,297 93,915 193,635 32,333 51,392 37,535 135,484 30,721 310,912 53,097 40,391 28,327 40,906 123,188 395,049 1,234,038 54,242 110,115 4,438,877 334,007 70,077 86,359 56,771 359,370 2,039,983 434,075 131,892 655,270 134,149 16,226 62,745 94,066 35,585 1,603,184 36,683 22,560 25,793 17,817 115,984 650,336 159,756 40,611 245,938 38,638 4,664 20,110 28,577 13,899 519,545 8,509 24,392 885,390 53,619 31,194 61,876 28,806 54,729 9,560 16,272 11,182 39,185 8,943 ' 91,886 15,698 11,894 7,962 12,505 33,387 109,261 380,350 17,033 32,267 95,045 20,202 25,556 17,196 108,471 611,781 132,556 39,057 198,348 39,830 4,889 18,001 26,400 12,354 488,420 7,923 23,758 754,376 43,532 31,219 88,651 200,192 35,234 46,164 40,852 135,445 34,589 345,612 54,808 44,607 27,669 45,121 121,601 423,412 1,149,772 59,111 124,812 4,655,005 323,959 73,859 83,275 59,899 380,016 2,059,190 492,278 129,472 788,925 129,961 16,224 64,070 100,641 42,090 1,703,741 28,054 79,520 2,825,973 170,729 105,106 18,316 190,536 71,564 22,946 62,806 66,634 225,636 120,785 129,778 46,86l 26,328 80,781 2,428,225 159,975 104,103 G.,6f DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) DISTRICT NO. 11 - DALLAS Tucson Ariz. Monroe La* ft Shreveport Roswell N. M. Abilene Tex. It Amarillo I t Austin I t Beaumont I t Corpus Christ! If Corsicana II Dallas It El Paso It Fort Worth I t Galveston 1 1 Houston I t Laredo I t Lubbock It Port Arthur I t San Angelo I f San Antonio Texarkana (See Ark.) " If Tyler f t Waco I t Wichita Falls February 1956 117,868 56,869 231,6# 21,089 69,599 135,619 128,26k 160,119 13,115 1,978,397 231,709 568,218 73,225 2,005,983 20,3k0 122,88k 52,207 1*0,581 U 9,23k 17,5kk 67,150 81,662 91,290 DISTRICT NO. 12 - SAN FRANCISCO Phoenix Ariz. 316,231 Bakersfield Calif. 127,259 If Berkeley 120,310 It 208,005 Fresno It Long Beach 310,150 It Los Angeles 5,076,112 I f Modesto 63,kl8 n 565,850 Oakland u 18k,601 Pasadena it Riversides 8k,199 it 9k7,171 Sacramento tr 101,119 San Bernardino it k62,571 San Diego it 3,k33,k63 San Francisco it 198,872 San Jose i t 63,870 Santa Barbara it 30,916 Santa Rosa it 72,9k5 Stockton Boise Idaho 85,056 Reno Nev. 61,583 Eugene Ore* 69,8k7 It Portland 773,263 I f Salem 77,k78 Ogden Utah 71,27k it Salt Lake City 393,520 Bellingham Wash. 29,512 ft Everett k9,9k7 If Seattle l,lkL,9k0 If Spokane 221,kOl It Tacoma 197,651 If 22,810 Walla Walla f t Yakima k2,kk5 February 1955 118,504 45,998 211,422 25,746 58,914 137,956 124,884 111,172 152,932 13,073 1,754,200 215,233 513,850 72,812 1,650,811 18,602 133,533 49,541 38,818 397,591 16,575 63,773 77,527 84,351 296,638 110,528 101,410 185,721 265,840 4,673,734 53,717 467,036 160,624 64,865 895,350 85,391 415,338 3,061,053 168,775 49,307 24,774 72,457 70,518 60,434 64,670 734,784 76,082 63,585 320,514 33,197 39,335 992,668 209,761 164,945 23,684 49,956 3 months ended February 1956IFebruary 195$ k76,5l8 19k,022 783,578 85,9k2 236,88k k71,597 k32,865 k0k,026 510,93k k7,687 6,610,987 7k3,671 l,992,k79 2kO,821 6,k5k,959 6k,607 k5k,123 167,095 133,792 I,kk7,ll5 57,612 23k,k90 265,7kk 305,0k7 l,lk7,221 k38,931 360,3k0 709,780 957,33k 16,315,501 215,965 1,798,895 576,383 253,385 2,50k,389 3k7,klO l,k90,828 11,151,727 65d,k70 198,028 98,366 2k7,210 278,376 211,037 230 , 577 2,551,588 263,312 218,059 1,321,157 99,6k8 lk7,995 3,62k,308 708,182 608,535 76,0k2 162,357 381,281 160,186 684,950 85,041 189,881 443,452 393,363 355,157 511,346 46,166 6,307,150 699,248 1,797,236 245,952 5,650,955 60,742 497,963 155,035 126,498 1,323,788 55,517 201,740 254,684 281,805 1,073,727 396,708 328,155 681,377 846,547 15,153,889 187,108 1,574,383 523,485 208,712 2,157,165 272,813 1,307,169 9,859,589 538,190 171,073 87,015 244,052 256,760 200,725 227,559 2,419,675 259,107 220,757 1,065,137 105,340 134,167 3,214,184 667,073 557,771 80,548 171,862