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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
(For Immediate Release)

G.6

October 14, 1959

BANK DEBITS
TO DEMAND DEPOSIT ACCOUNTS
EXCEPT INTERBANK AND U. S. GOVERNMENT ACCOUNTS

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 September aggregated $216 billion.
During the past three months debits amounted to $660 billion or 12.3 per cent above the total
reported for the corresponding period a year ago. At banks in New York City there was an increase
of 10.9 per cent compared with the corresponding three-months period a year ago; at 6 other centers
the increase was 13.2 per cent; and at 337 other centers it was 13.0 per cent.
Preliminary estimates of the annual rates of turnover of demand deposits, without seasonal
adjustment, in September are 56.2 at New York City, 32.2 at 6 other centers, and 25.1 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

Three months ended
September 1959 September 1958 September 195 9| September 1956
8,234
86,614

7,666
76,130

25,369
262,990

23,067
237,326

13,974
8,734
9,829
30,377
5,739
4,042
8,492

95,660

17,086
12,243
25,957
27,512
66,402

83,536

21,653

13,150
7,967
8,778
28,520
5,249
3,984
8,095
8,197
19,201

215,938

195,205

659,714
245,900

587,578
221,720

43,259
91,611

40,520
83,798

9,088

9,162

81,067

8,267

70,887

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




27,178
43,343
26,088
29,886

134,946
278,867

24,463
38,020
22,984
25,758

15,395
11,248
#,782
24,156
57,843

119,164
246,694

BANK DEBITS - September 1959
(In thousands of dollars)
September 1959 September 1958

Three months ended
September 19591 September 1958

DISTRICT NO. 1 - BOSTON
Connecticut:

Maine:

Massachusetts:

New Hampshire:

Hartford
New Haven
New London
Waterbury
Bangor
Lewi s ton-Auburn
Portland
Boston
Brockton
Fall River
Holyoke
Lawrence
Lowell
Lynn
New Bedford
Pittsfield
Springfield
Worcester

1,152,874
433,437
86,021

1,080,149
379,912
81,483
108,093

3,642,200
1,272,242
266,477
368,180

3,260,781

82,255

77,602
47,391
142,641

248,823
148,785
472,953

240,802
137,218
422,494

4,211,869

3,966,101
73,591

13,234,527
245,945
197,347
188,054
193,509
240,822
218,151
229,251
177,770
903,791
769,257

12,090,490
210,124
182,375
169,544

133,063

50,561
158,323
83,938
68,369
64,251
67,307
77,979
74,642
76,976
59,200
305,915

257,647

62,472
58,945

%;!U
64,705

69,158
52,200
278,649

250,086

1,139,617
251,191
3U,025

188,838

192,361
192,306
204,712
151,673
817,523
727,012

Concord
Manchester

34,134
98,689

87,108

31,785

103,507
291,210

95,823
254,859

Rhode Island:

Providence

601,793

575,403

1,786,508

1,678,732

Vermont:

Burlington

54,458

48,595

169,372

147,684

DISTRICT MO. 2 - NEW YORK
Connecticut:
New Jersey:

New York:




Bridgeport
Stamford
Elizabeth
Jersey City
Montelair
Newark
Paterson-Passaic
Binghamton
Buffalo Elmira
Jamestown
New York
Poughkeepsie
Rochester
Schenectady
Syracuse
Utica

135,039

118,010

419,485

790,808

734,921
364,864

221,575
513,257
65,331

199,182
491,829
54,563

661,194
1,601,453

564,082
1,505,935
158,263
3,504,640
1,358,840

273,158

253,194

198,293

1,289,858
447,151

1,190,011

3,886,552
1,438,784

93,985

106,269
926,637
61,484
48,693

274,393
3,133,362

980,419
66,000

50,993

81,067,417
86,574
659,596

97,212

412,772

154,070

-2-

438,686

70,886,586
77,640
647,062
97,334
390,806
142,427

191,960

150,934
245,900,439

258,826

2,072,552
299,631

1,265,236
445,919

297,583
2,830,882
179,576
136,873
221,720,426

220,863
1,880,673
290,956
1,159,934
416,237

BANK DEBITS - September 1959
(In thousands of dollars)
|
T
71
Three months ended
September 1959 [September 195# | September 19591 September 195#
DISTRICT NO. 3 - PHILADELPHIA
Delaware:

Wilmington

939,254

753,196

2,292,772

1,936,878

New Jersey:

Atlantic City
Camden
Trenton

115,753
291,516
358,393

105,124
274,282
347,496

357,470
881,064
1,155,133

316,492
821,487
1,280,524

Pennsylvania:

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

1*7,355
47,567
58,219
95,285
213,155
37,274
62,483
121,425
29,890

136,665

435,758
145,657
189,572
277,363
640,344
105,959
199,974
356,326
93,1B1
239,884
18,088,289
498,523
396,499
307,947
127,217
389,131

79,866

5,915,550

163,225
132,850
104,163
41,857

132,615

49,375

65,708

86,717

206,169
33,382

66,683

115,310

31,218

65,542
5,389,893
152,502
131,677
101,347
39,396
115,728

452,764
143,341

188,628
250,219
615,536
99,548
191,374

326,988
96,271

196,012
15,946,258
451,438
388,448
297,376
115,274
348,546

DISTRICT NO. 4 - CLEVELAND
Kentucky:

Covington-Newport
Lexington

Ohio:

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

Pennsylvania:

West Virginia:




Butler
Erie
Franklin
Greensburg
Oil City
Pittsburgh
Sharon
Wheeling

66,460
139,472

62,943
114,807

207,431
423,800

189,961
348,898

580,487
192,931
1,746,129
3,574,154

524.035

1,768,465
598,531
5,330,022

1,513,034
509,987

1,069,860
527,815

168.036

1,593,397
3,283,422

1,088,865

11,065,688
3,347,638

1,535,216

4,672,653
9,579,308
3,293,005

1,287,666

245,615
44,551

446,825
75,879
63,521
38,284
75,760
67,317
28,914
67,176
37,385
637,695
72,930
235,553
40,942

56,529
160,719
10,544
30,934
26,480
4,132,029
40,345

51,770
144,218
10,100
32,187
24,476
4,040,741
41,801

184,907
482,674
33,354
97,948
76,707
13,064,425
131,895

II,430,857
120,837

82,826

81,169

264,503

239,183

86,853
68,577
39,784
91,433
68,458

31,666

74,505
37,484
673,647

74,061

-3-

212,290

210,383
194,911

261,128

219,176

245,073

128,304

113,898

203,506
96,935
233,452

176,266

123,888

2,069,289
239,232
790,946
135,802

84,859

198,512

107,567
I,751,603

206,556
686,901
119,249

148,746
422,891

28,232
93,551

71>026

BAJNK DEBITS - September 195ft
(In thousands of dollars;
September 1959 September 1958
DISTRICT NO. 5 - RICHMOND

District of
Columbia:
Maryland:

Washington
Baltimore
Cumberland
Frederick
Eagerstown
North Carolina: Ashevilie
Charlotte
Durham
Greensboro
Kinston
Raleigh
Wilmington
Wilson
Winston-Salem
South Carolina: Charleston
Columbia
Greenville
Spartanburg
Virginia:
Charlottesville
Danville
Lynchburg
Newport News
Norfolk
Portsmouth
Richmond
Roanoke
West Virginia:
Bluefield
Charleston
Clarksburg
Huntington
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
Khoxville
Nashville




Three months ended
September 19591 SeptembiFT95B

1,947,300

1,610,049

1,880,268

5,724,572

1,822,582
3l,66o
30,550
47,231
87,093
544,391
115,039
228,726
56,435
293,860
57,758
74,456
221,556

4,634,990

5,937,954
106,475
103,241
145,368

5,504,772
93,554
87,489
139,528
248,285
1,503,407
321,272
638,157
113,533
839,526
167,316
134,888
607,392

33,919
35,602
49,253
89,275
583,396
135,365
256,913
58,233
286,294
66,633
81,329
262,618
117,730
229,260
213,545
87,341

105,994
220,317
163,578
73,389
49,885
63,167
64,346
69,024
316,198
42,096
1,009,714
176,898
49,971
177,880
39,980
83,555
4o,oi8

55,367
69,072
70,558
78,207
335,321
47,370
1,058,353
181,674
44,338
203,383
44,101
87,938
43,830
DISTRICT NO. 6
ATLANTA
41,505
36,021
763,199
720,825
32,052
26,747
32,509
31,459
290,912
251,015
168,629
167,039
753,601
647,264
824,971
726,087
236,285
156,066
85,448
77,473
152,064
216,550
331,644
410,152
54,261
66,159
2,015,628
1,765,700
105,178
94,768
23,155
20,154
110,719
99,940
9,646
8,519
122.047
112,926
20,201
15,628
196,429
190,182
34,654
25,030
256,646
200,334
83,750
79,371
1,334,237
1,238,821
35,861
32,918
283,366
274,894
48,538
40,845
21,122
19,479
320,635
294,728
233,200
215,510
664.048
658,314

-4-

266,888

1,677,848
367,069
742,375
124,603
889,803
193,900

158,210

749,050
365,650
705,574
577,180
265,487
161,383
175,399
214,451
237,834
1,043,078
137,419
3,134,363
551,629
133,408
654,071
130,723
284,125
128,780
128,907
2,355,666
95,917
107,765
845,439
499,670
2,299,148
2,513,045
722,997
271,811
662,o46
1,233,457
„ 169,374
6,058,139
322,888
75,920
323,o4o
27,977
364,061
58,892
591,819
124,569
795,520
256,488
4,017,585
110,255
857,328
137,738
59,282
1,015,739
696,703
2,087,299

318,716
629,153
457,492
218,065
139,237
157,479
182,872
198,243
970,081
122,327
2,857,876
503,429
145,830
549,403
120,686
260,3
',351
118,749
107,977
2,130,911
73,817
92,297
724,487
465,486
2,oo6,4l4
2,161,608
487,049
234,550
437,289
951,895
183,553
5,049,760
294,645
61,571
292,767
27,367
326,019
48,484
535,320
86,615
587,087
241,350
3,642,797
96,656
803,474
120,073
54,721
853,291
629,803
1,949,093

BAHK DEBITS - September 1959
(In thousands of dollars)
Three months ended
September 1959 September 1958
September 19591 September 195#
DISTRICT NO. 7 - CHICAGO
Aurora
Bloomington
Champaign-Urbana
Chicago
Danville
Decatur
Elgin
Joliet
Moline-East MolineRock Island
Peoria
Rockford
Springfield

Illinois:

Indiana:

Iowa:

Michigan:

Wisconsin:

Fort Wayne
Gary
Hammond
Indianapolis
Lafayette
Muncie
South Bend
Terre Haute

82,664

80,038
85,230

15,527,559
53,360
126,031
49,706
89,390
115,646

243,976
196,160
148,811

69,715
71,375
73,894
14,901,237
49,466
122,210
44,391

79,027

103,156
236,166
171,514

127,986

269,936

244,962
115,128

1,192,875
82,707

1,146,294
77,591
77,601
210,914
84,070

118,243
80,279
91,848
221,268
86,915

70,380

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

36,203
142,742

203,645

189,253

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

29,046
81,273
61,037

26,084
74,762
57,065
5,772,691
149,778
337,411
88,390
159,709
136,484

Green Bay
Kenosha
Madison
Manitowoc
Milwaukee
Oshkosh
Racine
Sheboygan




29,583

128,585
549,120

71,065

45,898
18,724

38,638

102,580

6,261,655

183,855
381,486
103,444
169,538
164,400
95,783
42,360

33,026
129,031
27,848
112,589
517,256
65,874
45,543

19,663

36,590
98,712

81,885

132,387

38,493
114,342

99,945

101,078

200,118
33,315
1,736,714
42,363
101,668
8l,4ll

183,823

66,072

5

55,892

36,537
1,550,490

38,692
95,315
68,175

250,809
236,610

246,466
48,722,852
159,278
373,164
159,465

276,250

354,287
721,643
604,324
432,077

856,387

404,959
255,967
3,887,530
253,716
270,999
669,791
271,908

110,827
434,397

86,788

380,397

1,650,910
213,135
137,050
54,393
113,677
589,328
307,125
93,632
259,609

188,996
20,191,852
589,863

1,131,805
313,291

524,966

519,870
282,237
130,631
409,762
302,342
206,342
598,047
108,513
5,633,228
134,269
317,645
236,994

199,456
214,985
219,443
42,792,502
148,316
356,148
134,011
238,214
320,363
680,712
522,564

368,815
726,687
347,853
220,856

3,516,663
212,774
222,786
576,291
241,808
99,409
384,111
79,178
337,249
1,548,935
195,664
132,956
55,H6

106,963
543,208
282,216

79,614:
242,759
167,399
17,095,306
442,423
973,786
259,702
464,279

437,690
242,342

118,185

355,180,
295,948
155,577
540,219
105,250
4,958,795
113,324
269,846
192,473

BANK DEBITS (In thousands of
Three months ended
September 1959 September 1958 September 19591 September 1958
DI STRICT NO. 8 - ST. LOUIS
El Dorado
Port Smith
Helena
Little Rock
Pine Bluff
Texarkana (Also see
Texas, p. 8)

Arkansas:

64,517
14,885
253,267
61,905

33,718
63,335
9,047
234,253
45,800

107,518
193,493

27,999

24,022

85,303

70,759

32,429

37,399
738,030
159,185

94,629
184,288
25,453

658,701
129,017

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

48,476

43,038

141,731

125,614

140,845

47,601

155,425
44,776

433,166
143,069

447,254
129,590

Indiana:

Evansville

166,929

165,979

543,097

521,968

Kentucky:

Louisville
Owensboro
Paducah

909,005
50,497
35,652

860,376
47,716
30,891

2,836,520
156,596

109,631

2,576,246
142,910
94,803

Mississippi:

Greenville

34,161

27,151

95,503

8l,8ll

Missouri:

Cape Girardeau
Hannibal
Jefferson City
St. Louis
Sedalia
Springfield

20,660

17,411
12,796
108,582
2,437,862
18,381
111,455

63,789
40,263
387,390
7,774,480
56,977
371,518

50,933
36,994
345,913
7,043,012
52,534
323,703

Tennessee:

Jackson
Memphis

Illinois:

12,866
117,091
2,619,932
19,341
124,026

30,867

906,023

25,838

731,131

92,329

78,421

2,518,766

2,180,095

506,286
112,701

495,889
99,103
5,534,672
24,837
157,996
76,532
2,312,569
283,293
64,161

DISTRICT NO. 9 - MINNEAPOLIS
Minnesota:

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

171,726
35,235

1,990,726
8,836

55,697

27,973
860,155
85,913
20,808

190,332
33,251
1,927,038
9,032
53,914
25,697

6,084,767
25,007

105,264
22,533

66,800

838,367

271,259
161,899

97,519
32,687

93,714
34,110
103,315

89,741
24,863
261,249
90,462
32,259
95,911

28,l4l
116,011

76,368
389,799

349,784

48,360
56,147
21,431

158,298

102,167
81,896

47,790

85,052
47,126

Bismarck
Dickinson
Fargo
Grand Forks
Jamestown
Minot

31,108
13,181
93,423
32,324
12,357
35,410

31,357
10,374
95,945
32,877
11,970
37,027

South Dakota:

Aberdeen
Sioux Falls

26,537
125,839

Wisconsin:

Eau Claire
La Crosse
Superior

50,127
60,074
21,280

North Dakota:




51,131

86,023
2,591,056
254,318

291,654
162,853
233,935
146,426

Billings
Butte
Great Falls
Helena

Montana:

166,916

98,258
58,764

278,810

185,646
64,124

219,442
143,439

80,172
147,488
169,389

61,653

BANK DEBITS - September 1959
(In thousands of dollars)
Three months ended
September 1959 September 1958
September 19591 September 195#
DISTRICT NO. 10 - KANSAS CITY
Colorado:

Kansas:

Missouri:

Nebraska:

New Mexico:
Oklahoma:

Wyoming:

Colorado Springs
Denver
Grand Junction
Greeley
Pueblo
Atchison
Dodge City
Emporia
Hutchinson
Independence
Kansas City
Lawrence
Manhattan
Parsons
Pittsburg
Salina
Topeka
Wichita
Independence
Joplin
Kansas City
St. Joseph

115,005
1,391,732
38,161

107,181
37,819
42,361
82,080

341,968
4,231,107
116,340
136,234
246,776

309,135
3,687,097
111,727
114,793

15,141
20,628

51,480
74,706

49,799
10,622
129,699
20,805
19,656
10,333
17,563
51,898
168,284
453,858

186,182
35,801
410,924

69,617

59,454
33,226
59,107
192,683
561,851
1,395,285

48,234
65,797
51,562
172,105
32,609
371,124
61,529
55,934
29,823
49,818
160,620
495,421
1,427,972

23,156

46,857
1,830,999
139,046

21,204
44,375
1,783,928
137,918

70,451
139,211
5,754,901
419,871

129,929
5,289,001
398,250

27,094
35,606

24,635
33,120

81,048
99,885
71,638
510,435

78,436
94,824
63,684
475,550
2,382,736

to,803
78,283
15,972

24,177

21,176
51 ,469
12,213

131,470
22,095
19,404
11,221

20,215
55,067
181,247
430,655

1,298,203

19,678

58,265

250,654

64,6lo

Fremont
Grand Island
Hastings
Lincoln
Omaha

164,453
84o,88l

22,967

20,851
162,830
826,669

Albuquerque
Santa Fe

293,549
66,720

250,155
54,672

887,651

754,713
174,460

283,039
50,613
6,130
32,776
39,842
17,510
704,398
8,912
27,524
1,022,211

292,031

51,388
5,739
27,197
45,168
17,007
610,932
8,387
24,l6l
975,423

831,339
175,213
19,168
96,547
123,390
48,057

814,974
173,816
16,479

26,462
86,353
3,022,123

134,179
47,511
1,779,725
24,933
77,941
2,876,141

73,948
65,537

67,321
54,152

221,015
193,097

205,497
148,201

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




-7-

2,565,113
214,603

2,038,256

80,127

BANK DEBITS - September 1959
(In thousands of dollars)

~
nl
Three months ended
September 1959 September 195°|September 19591 September 195#
DISTRICT NO. 11 - DALLAS

Arizona:

Tucson

216,562

187,970

644,219

545,856

Louisiana:

Monroe
Shreveport

77,383
302,549

286,589

76,365

235,076
927,754

218,713
821,095

New Mexico:

Roswell

37,703

31,928

113,128

94,548

Texas:

Abilene
Amarillo
Austin
Beaumont
Corpus Ghristi
Corsicana
Dallas
El Paso
Fort Worth
Galveston
Houston
Laredo
Lubbock
Port Arthur
San Angelo
San Antonio
Texarkana (Also
6)
Arkansas, p. <
Tyler
Waco
Wichita Falls

89,034

295,794

255,696

198,484
147,450

633,286
475,330

101,724

226,365
201,750

162,236
197,038
17,200
2,574,482
332,412
780,877
93,644

196,288
189,196
19,121
2,250,916

698,809
596,180
50,028

7,793,352
981,541
2,373,233

26,248
183,434

293,711
732,416
90,653
2,267,045
24,722
158,310

603,139

51,979
540,923

7,573,525
77,789
531,116
191,172
170,337
1,849,673

21,024
88,524
115,869
121,710

19,685
83,418
95,341
105,340

264,002
333,418
370,303

2,560,855
60,873
58,092

60,443

267,328

65,616

566,579
546,466
425,243
568,991
50,469

6,659,670
868,607
2,137,699
268,778
6,748,355
74,235
451,971

192,638
147,723

1,621,750
57,328
240,144

287,890
305,787

DISTRICT NO. 12 - SAN FRANCISCO
Arizona:

Phoenix

California:

Baker.sfield
Berkeley
Fresno
Long Beach
Los Angeles
Modesto
Oakland
Pasadena
Riverside
Sacramento
San Bernardino
San Diego
San Francisco
San Jose
Santa Barbara
Santa Rosa
Stockton

580,154

475,376

1,765,708

1,430,895

135,596
l4o,o4o
275,182
354,202
6,592,217
99,185
799,709
226,055
117,049
1,219,250
131,748

136,288

455,957
435,403

415,887
393,238

1,100,847
20,718,348

1,003,703
18,365,416
246,044
2,169,153

860,230

4,750,248
398,845

91,669

59,205
146,430

131,965
222,412
317,196
6,143,505
81,612
726,095
201,775
96,641

820,025

128,937
718,095
4,346,932
324,905
80,446
53,045

802,191
277,682

2,467,225
713,370
353,888
4,035,874
396,887
2,748,303
13,990,015

1,181,880
292,221

110,568

184,346
424,259

661,723

612,703

297,904
2,973,045
349,475
2,153,025
12,873,953
923,543

249,265
153,078
299,386

Idaho:

Boise

139,150

121,573

413,497

369,499

Nevada:

Reno

112,632

101,348

350,761

297,917

Oregon:

Eugene
Portland
Salem

84,585

136,778

1,027,178
107,881

309,867
3,544,178
414,913

244,015
3,047,912
362,309

99,077
532,864

93,487
481,633

296,934
1,582,950

301,982
1,414,446

44,067

40,989
54,766
1,373,539
285,849

128,345
186,413
4,899,578

119,770

162,276
4,167,188

698,530
122,482
223,054

102,058

Utah:

Ogden
Salt Lake City

Washington:

Bellingham
Everett
Seattle
Spokane
Tacoma
Walla Walla
Yakima




104,127

1,167,126

62,196
1,611,656
303,255
246,558
37,980
78,548
- 8 -

213,821
32,209
76,134

885,618

825,739
641,502
214,780