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G.6 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) March 14, 1957 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 $178 b i l l i o n . During the past three months debits amounted to $$84 b i l lion or 6.2 per cent above the total reported for the corresponding period a year ago. At banks in New York City there was an increase of 6.2 per cent compared with the corresponding three-months period a year ago; at 6 other centers the increase was 4.3 per cent; and at 337 other centers i t was "J.2 per cent. Preliminary estimates of the annual rates of turnover of demand deposits in February are 48.9 at New York City, 30.7 at 6 other centers, and 22.9 at 337 other centers. SUMMARY BY FEDERAL RESERVE DISTRICTS (In millions of dollars) 3 months ended — February Federal Reserve District February February 1957 February 1956 7,306 16,843 1956 6,629 62,004 6,958 11,540 6,394 7,150 25,035 4,631 2,881 6,326 6,909 15,649 178,049 67,035 37,551 73,463 162,107 57,413 35,143 69,551 1957 6,971 71,817 6,963 12,245 Boston New Y~rk Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 6 , 6 3 6 7,795 2 7 , 0 8 1 4,759 2,931 6 , 7 0 2 Total, 344 reporting centers New York City 6 other centers * 337 other centers 23,184 21,941 222,971 22,673 37,811 21,066 22,824 82,922 15,203 9,393 20,399 22,817 49,974 2 3 6 , 8 5 0 23,446 41,197 21,810 24,822 8 6 , 1 1 8 15,904 9,829 21,761 24,676 54,622 584,219 220,990 121,059 242,169 549,994 208,115 116,055 225,824 DEBITS BY BANKS IN EACH REPORTING CENTER (in thousands of dollars) February February 1957 DISTRICT NO. 1 - BOSTON Hartford Conn. 1,055,511 New Haven 337,729 New London 64,765 Waterbury 95,872 Bangor Maine 65,146 Lewiston-Auburn Portland 114,691 Boston Mass. 3,643,844 Brockton Fall River 56,311 Holyoke 47,169 Lawrence-Andover •-Methuen Mass. 65,055 Lowell Mass. 58,727 Lynn 55,766 New Bedford 63,073 Pittsfield 43,273 Springfield 236,570 Worcester 237,418 Concord 26,804 N. H. Manchester 73,810 Providence R. I . 490,093 Burlington Vt. 37,600 If It It It 3 9 , 0 2 7 ft II II tl 11 ft ft It tl tl 6 2 , 9 2 6 1956 909,563 334,939 57,965 1 0 1 , 1 0 8 60,936 39,395 117,231 3,497,532 61,310 6 0 , 3 8 6 46,867 55,611 5 6 , 6 9 2 56,177 64,449 43,954 231,026 229,349 2 8 , 0 8 5 6 8 , 6 8 6 471,841 36,154 3 months ended — February 19571 February 195& 3,323,895 1,139,093 208,811 317,531 206,703 127,048 379,252 12,307,904 202,853 184,977 156,279 2 1 6 , 6 0 9 195,376 185,159 207,564 150,099 786,904 783,597 87,936 243,119 1,648,982 124,568 2,908,838 1,080,264 1 8 5 , 8 0 7 317,510 127,709 375,091 11,782,764 197,941 193,032 151,969 182,404 181,747 177,635 211,171 145,287 * Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles. 1 9 1 , 6 7 6 7 6 3 , 8 0 1 725,309 94,792 230,332 1,598,703 117,224 G.6a DEBITS BY BANKS IK EACH REPORTING CENTER (In thousands of dollars) DISTRICT NO. 2 - NEW YORK Bridgeport Conn. Stamford Elizabeth N J. Jersey City Montelair Newark Paterson-Passaic Binghamton N Y. Buffalo Elmira Jamestown New York Poughkeepsie Rochester Schenectady Syracuse Utica DISTRICT NO. 3 Wilmington " Atlantic City Camden Trenton Allentown Altoona Bethlehem Chester Harrisburg Hazleton Johnstown Lancaster Lebanon Norristown Philadelphia Reading Scranton Wilkes-Barre Williamsport York PHILADELPHIA Del. N. J. 11 It Pa. 11 ft it II It ft ft If ft ft It ft tl ft 11 DISTRICT NO. 4 - CLEVELAND Covington-Newport Ky. Lexington Akron Ohio It Canton Cincinnati Cleveland Columbus Dayton Hamilton Lima Lorain Mansfield Middletown Portsmouth Springfield Steubenville Toledo Warren Youngstown Zanesville ft February February 1*57 , 1956 256,750 79,842 162,444 436,351 54,859 1,111,085 405,560 92,899 924,698 55,856 45,229 67,034,652 70,045 525,502 95,752 347,282 118,158 477,654 63,945 214,905 285,057 120,832 38,501 58,826 68,712 167,625 28,157 57,808 97,364 28,159 50,081 4,723,765 141,664 122,731 81,161 35,097 100,703 53,919 129,299 466,382 165,548 1,435,580 3,193,619 847,545 415,999 61,145 61,864 32,675 69,291 53,332 27,263 65,067 33,138 534,322 76,691 241,871 36,412 3 months ended — February 1957 February 1956 244,619 87,770 160,779 447,706 52,499 1,027,851 376,760 84,323 826,943 279,374 544,472 1,480,255 179,192 3,742,469 1,324,507 271,619 3,099,693 193,130 154,373 896,560 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 33,993 109,266 3; 057,034 866,406 395,288 61,494 59,120 30,526 67,787 54,701 27,818 64,717 33,496 56l>357 73,06l 224,389 34,881 171,888 3,448,008 1,215,592 272,088 2,784,173 201,119 150,083 220,990,383 208,115,440 1,115,782 386,054 301,810 1,043,115 365,445 1,720,124 224,448 735,148 919,124 385,691 128,314 215,454 222,698 570,704 98,633 189,534 323,769 90,521 166,475 15,860,276 473,415 392,332 281,373 119,827 327,704 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 15,499,579 492,440 374,912 273,387 115,501 341,959 183,813 177,326 436,357 1,325,957 551,425 4,613,972 9,997,810 230,590 1,720,066 311,271 54,371 91,432 423,635 175,124 1, 454,583 773,996 281,400 519,632 1,506,997 495,896 l « 4,693,751 10,755,428 2,841,091 1,359,586 207,060 201,204 106,676 240,102 175,356 94,144 217,246 107,936 1,821,349 259,350 789,722 121,068 218,303 1,601,809 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 G.6b DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) February 1957 (Cont'd) 52,981 135,446 8,973 29,771 23,748 DISTRICT NO. 4 - CLEVELAND Butler Pa. 11 Erie 11 Franklin 1 1 Greensburg 1 1 Oil City 11 Pittsburgh tt Sharon Wheeling W. Va. DISTRICT NO. 5 - RICHMOND Washington D. C. Baltimore Md. Cumberland Frederick Hagerstown Ashe vi He N. C. ft Charlotte Durham Greensboro Kinston Raleigh Wilmington Wilson Winston-Salem Charleston s. c. Columbia Greenville Spartanburg Charlottesville Va. Danville Lynchburg Newport News Norfolk Portsmouth Richmond Roanoke BluefieId W. Va. II Charleston Clarksburg Huntington Parkersburg ft II II !« II DISTRICT NO. 6 - ATLANTA Anniston Ala. II Birmingham I I Dothan II Gadsden 11 Mobile fl Montgomery Jacksonville Fla. II Mia*mi I I Orlando II Pensacola II St. Petersburg II Tampa 3,872,572 41,586 78,880 1,^35,482 1,642,097 26,115 24,968 45,429 69,197 420,681 83,551 167,756 23,584 232,382 49,904 19.623 179,751 92,460 203,340 135,445 66,101 38,730 42,395 54,766 57,842 296,395 34,820 676,919 143,934 54.624 166,974 37,344 79,529 33,650 32,175 709,670 22,118 28,711 294,414 122,182 584,381 711,663 155,483 75,259 147,382 297,938 February 1956 50,694 135,833 8,538 27,584 21,484 3,372,269 39,021 73,800 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 3 months ended — February 19571February 195& 174,964 157,643 442,703 430,739 28,121 26,226 95,136 87,233 81,545 72,455 13,258,049 11,450,053 134,091 128,157 293,771 270,533 4,459,272 5,430,736 87,343 78,556 143,976 232,225 1,389,378 279,279 541,520 77,072 764,202 160,860 71,452 630,823 292,718 622,482 452,190 221,651 126,430 157,067 188,759 187,185 984,895 116,722 2,267,846 477,848 193,085 624,189 83,815 135,685 294,055 120,238 34,475 595,882 108,216 31,205 22,811 26,660 214,153 115,609 537,189 593,083 130,010 68,733 132,267 271,346 2,135,971 74,063 95,254 828,368 385,450 1,870,296 2,171,777 487,053 235,096 494,094 951,026 4,604,099 5,164,228 78,900 74,067 135,236 223,201 1,376,761 263,766 482,865 70,541 698,089 156,620 69,663 599,382 280,088 591,096 440,258 218,369 115,107 145,249 187,397 185,367 950,718 114,319 2,107,820 455,945 177,626 592,967 129,659 260,818 116,012 109,368 1,934,918 72,283 91,388 675,767 373,062 1,750,542 1,808,120 405,776 212,496 418,483 831,698 G.6C DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) February 1957 DISTRICT NO. 6 - ATLANTA (Cont'd) Ga. Albany 48,370 ft Atlanta 1,457,373 ft Augusta 83,278 ft Brunswick 17,272 ft Columbus 88,180 ft Elberton 6,132 ft Macon 92,295 It Newnan 15,303 I I Savannah 157,495 ft Valdosta 22,723 Baton Rouge La • 163,017 it Lake Charles 74,025 tt New Orleans 1,222,617 Hattiesburg Miss. 28,304 11 Jackson 177,178 tt Meridian 31,748 it Vicksburg 18,455 Chattanooga Term. 243,801 tt Khoxville 147,912 it Nashville 518,547 DISTRICT NO. 7 - CHICAGO Aurora 111. ft Bloomington Champaign-Urbana Chicago Danville Decatur V Elgin " Joliet Mo line-East Moline• Rock Island Peoria Rockford Springfield Fort Wayne Ind. If Gary Hammond Indianapolis Lafayette Muncie South Bend Terre Haute Burlington Iowa Cedar Rapids Clinton Davenport Dea Moines Dubuque Mason City Mugcatine Ottjumwa Sioux City Waterloo February 1956 3 months ended — February 19571February 1956 48,795 1,395,032 87,204 16,040 94,557 5,432 96,977 13,074 136,888 22,269 143,313 74,910 1,110,366 27,244 185,706 33,321 15,646 239,013 151,810 510,143 167,824 4,691,882 273,299 55,862 294,104 22,137 307,957 47,559 506,011 77,151 532,618 243,512 3,828,016 88,698 580,399 102,823 54,623 848,239 515,198 1,747,235 157,704 4,531,861 280,185 51,702 304,997 17,971 320,093 42,518 433,833 76,620 469,956 233,197 3,410,584 82,014 581,595 100,005 51,019 814,525 544,318 1,635,673 56,323 55,050 61,342 12,830,710 46,061 106,843 37,188 71,260 53,186 51,921 58,457 12,437,480 45,584 107,469 34,194 67,840 186,289 191,468 205,048 41,951,709 159,797 356,210 119,424 236,519 174,462 186,725 186,275 41,777,489 147,163 339,940 109,312 220,784 86,000 208,155 165,697 108,762 235,438 104,907 65,463 969,109 59,937 67,654 177,708 76,669 26,077 110,247 22,330 98,177 407,538 53,854 36,383 13,070 30,568 122,822 84,192 82,023 197,490 160,074 102,018 218,928 104,454 63,184 929,955 55,763 65,079 184,297 72,486 23,369 112,013 22,279 94,373 387,599 51,715 34,6ll 12,226 28,386 120,458 79,736 283,752 667,987 538,706 359,982 735,053 355,716 219,266 3,107,194 193,010 216,768 585,685 251,403 84,986 369,654 74,002 328,132 1,367,688 176,072 122,512 42,915 102,483 408,813 281,019 254,181 637,904 511,233 340,263 705,700 336,622 202,657 2,962,909 182,880 216.992 592,033 238,910 77,486 354,502 70,301 308.993 1,295,094 168,672 118,667 39,652 94,048 411,100 259,459 if Figures for Decatur, I l l i n o i s include debits of two additional reporting DanKS beginning with January 1957- Back figures have not been revised, but i t is estimated that the t o t a l s reported for 1956 would be increased by approximately 4 per cent. DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars) February 1957 DISTRICT NO. 7 - CHICAGO (Cont'd) Mich. Adrian 26,727 Battle Creek 68,333 Bay City 49,687 Detroit 7,366,556 Flint 146,5^6 Grand Rapids 303,863 Jackson 87,219 Kalamazoo 142,142 Lansing 139,290 Muskegon 81,171 Port Huron 39,273 Saginaw 113,213 Wis. Green Bay 89,867 It Kenosha 48,038 Madison 155,800 Manitowoc 29,869 ft Milwaukee 1,417,751 It Oshkosh 34,006 It Racine 88,131 II Sheboygan 57,867 DISTRICT NO. 8 - ST. LOUIS Ark. El Dorado II Fort Smith ft Helena II L i t t l e Rock ft Pine Bluff ft Texarkana (See Tex.) Alton 111. E. St. Louis & Nat. Stock Yds. Quincy 111. Ind. Evansvilie Ky. Louisville ft Owensboro It Paducah Miss. Greenville Mb. Cape Girardeau It Hannibal II Jefferson City If St. Louis I I Sedalia I I Springfield Tenn. Jackson II Memphis DISTRICT NO. 9 - MINNEAPOLIS Minn. Duluth If Mankato It Minneapolis It Red Wing ft Rochester It St. Cloud It St. Paul ft South St. Paul ft Winona 27,200 51,115 8,128 181,326 37,413 17,590 32,815 132,672 36,527 174,324 836,816 49,212 25,763 26,366 16,501 9,823 71,339 2,173,790 14,269 78,807 23,754 733,742 125,290 27,209 1,451,671 6,326 34,475 19,248 613,867 65,084 18,911 February 1956 22,969 69,532 46,664 5,675,567 174,284 302,278 91,247 135,185 150,636 79,933 38,822 109,911 82,632 57,919 176,590 29,841 1,354,890 35,386 88,637 53,402 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 2,142,447 14,021 72,589 26,050 700,514 129,927 25,478 1,449,209 5,842 29,106 18,227 598,775 65,853 18,918 3 months ended -February 1957IFebruary 1931 85,597 218,607 166,786 21,592,389 494,897 990,473 288,624 468,630 445,036 271,221 128,327 380,729 285*631 162,611 496,172 102,154 4,671,396 112,900 283,684 192,959 90,392 170,404 31,035 587,427 128,016 60,028 110,670 445,797 121,819 560,527 2,725,764 169,959 87,154 88,472 58,463 32,609 272,846 7,277,406 48,177 266,951 79,501 2,491,026 455,379 88,790 4,880,860 21,824 114,376 64,187 2,033,745 221,082 62,439 76,471 219,931 156,043 19,527,536 555,163 965,219 300,622 438,375 476,966 262,724 128,809 367,043 257,357 178,784 492,338 98,224 4,330,738 111,996 273,037 172,227 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 7,005,281 46,447 243,345 90,4i6 2,318,445 425,899 82,548 4,657,824 19,714 99,082 57,712 1,983,651 226,722 61,534 DEBITS BY BANKS IN EACH REPORTING CENTER G.6e (In thousands of dollars) February 1957 DISTRICT NO, 9 - MINNEAPOLIS (Cont'd) Mont. Billings 67,030 If Butte 55,883 Great Falls 61,560 Helena 29,800 N, Dak. Bismarck 21,508 n Dickinson 5,766 Fargo 63,936 Grand Forks 25,825 Jamestown 8,387 Minot 22,127 Aberdeen S. Dak. 21,749 II Sioux Falls 72,553 Eau Claire Wis. 43,339 II La Crosse 50,512 Superior 18,738 DISTRICT NO. 10 - KANSAS CITY Colorado Springs Colo. Denver Grand Junction Greeley 1f Pueblo Atchison Kans. Dodge City Emporia Hutchinson Independence Kansas City Lawrence 11 Manhattan Parsons Pittsburg Salina Topeka Wichita Independence Mo. 11 Joplin Kansas City 11 St. Joseph Fremont Neb, 11 Grand Island 11 Hastings 1 1 Lincoln 1 1 Omaha Albuquerque N. M, 11 Santa Fe Bartlesville Okla. 11 Enid Guthrie 11 Lawton 1 1 Muskogee Norman 11 Oklahoma City 11 Okmulgee Ponca City Tulsa Casper Wyo. Cheyenne II II II II II II II II II II II II II II ii ti n TI II II 77,270 966,380 30,320 30,320 67,706 13,371 13,214 12,846 39,298 9,666 109,482 16,159 14,850 7,701 14,760 36,498 141,229 389,232 19,710 37,645 1,505,141 99,011 21,067 24,389 17,758 123,005 617,980 170,812 44,828 283,416 46,284 4,579 21,887 33,664 15,297 546,379 9,594 26,075 949,970 59,204 34,305 February 1956 3 months ended — February 1957 February 1956 70,387 50,958 52,701 33,095 20,445 5,788 59,167 22,641 6,839 20,103 21,889 71,717 39,881 46,451 17,500 230,990 184,180 204,350 107,943 70,396 76,357 71,809 249,039 136,942 156,756 6o,4o6 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 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 35,524 126,025 369,436 253,349 2,987,548 102,443 250,862 2,757,670 100,936 219,773 44,622 45,466 44,371 139,242 33,348 358,120 54,596 48,708 28,513 46,589 200,192 35,234 46,164 446,906 1,244,395 423,412 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 19,809 36,683 1,433,366 95,768 22,560 25,793 17,817 115,984 650,336 159,756 4o,6ii 245,938 38,638 4,664 20,110 28,577 13,899 519,545 8,509 24,392 885,390 53,619 31,194 20,056 205,925 85,134 26,056 96,287 126,188 60,760 128,018 4,951,246 346,383 71,155 80,131 60,602 392,401 2,040,064 559,039 146,505 901,863 161,055 16,345 73,571 117,912 44,586 1,782,559 29,671 82,742 3,085,349 194,817 114,028 88,651 40,85® 135,445 34,589 345,612 54,808 44,607 27,669 45,121 121,601 105,106 G.6f DEBITS BY BANKS IN EACH REPORTING CENTER (in thousands of dollars) DISTRICT NO. 11 - DALLAS Tucson Ariz. Monroe La. Shreveport " Roswell N. M. Abilene Tex. Amarillo " Austin " Beaumont " Corpus Christ! " Corsicana " Dallas " El Paso " Fort Worth " Galveston " Houston " Laredo " Lubbock " Port Arthur " San Angelo " San Antonio " Texarkana (See Ark.) " Tyler " Waco " Wichita Falls " February 1957 February 1956 157,848 59,94l 242,954 27,368 74,874 l6l,24l 152,219 145,556 171,104 16,030 1,980,949 251,043 633,912 86,088 2,142,992 21,808 139,304 59,666 42,728 472,610 17,271 74,209 85,771 88,251 13V,'619 128,264 160,149 13,415 1,978,397 231,709 568,248 73,225 2,005,983 20,340 122,884 52,207 40,581 449,234 17,544 67,150 81,662 91,290 DISTRICT NO. 12 - SAN FRANCISCO Phoenix Ariz. 398,496 Bakersfie Id Calif. 126,875 II Berkeley 112,888 11 Fresno 188,786 II Long Beach 332,706 It Los Angeles 5,213,954 II Modesto 60,681 1 1 Oakland 663,685 If Pasadena 190,201 II Riverside 94,443 II Sacramento 1,225,177 II San Bernardino 102,573 II San Diego 569,255 II San Francisco 3,772,441 II San Jose 236,530 II Santa Barbara 66,337 II Santa Rosa 35,025 II Stockton 76,809 Boise Idaho 96,439 Reno Nev. 72,088 Eugene Ore. 64,008 II Portland 872,988 II Salem 89,951 Ogden Utah 71,926 tl Salt Lake City 423,162 Bellingham Wash. 32,375 II Everett 43,141 II Seattle 1,117,515 II Spokane 233,043 11 Tacoma 181,563 II Walla Walla 24,693 11 Yakima 53,351 346,231 127,259 120,340 208,005 310,450 5,076,412 63,418 565,850 184,601 84,199 947,171 101,119 462,571 3,433,463 198,872 63,870 30,916 72,945 85,056 61,583 69,847 773,263 77,478 71,274 393,520 29,512 49,947 1,144,940 221,401 197,651 22,810 53,383 147,868 56,889 234,650 24,089 69,599 3 months ended -February 19571February 1955 511.679 210.680 796,830 91,848 232,610 522,336 470,728 437,097 551,714 50,04l 7,036,364 826,954 2,164,425 284,735 7,194,428 71,873 495,799 184,855 135,675 1,526,003 59,134 244,602 277,456 298,547 476,518 194,022 783,578 85,942 236,884 am 404,026 510,934 47,687 6,610,987 743,671 1,992,479 240,821 6,454,959 64,607 454,123 167,095 133,792 1,447,115 57,612 234,490 265,744 305,047 1,340,764 1,147,221 438,931 494,360 360,340 378,302 709,780 760,385 1,079,602 957,334 17,096,205 16,315,501 215,965 213,917 2,054,362 1,798,895 612,495 576,383 253,385 293,875 3,035,073 2,504,389 347,410 338,348 1,917,351 1,490,828 12,250,687 11,151,727 650,470 814,069 198,028 218,894 98,366 110,656 247,210 277,886 270,376 312,061 211,03? 243,771 230,577 219,512 2,551,588 2,967,309 263,312 306,927 218,059 251,152 1,321,157 1,419,797 99,648 101,604 147,995 143,884 3,624,308 3,715,322 708,182 770,850 608,535 613,801 76,042 86,597 173,295 181,703
@FedFRASER