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FEDERAL

RESERVE

release

G.6

For immediate release
September 18, 1961

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 August aggregated $256 billion.

During

the past three months debits amounted to $775 billion or 8.2 per cent above the total reported for
the corresponding period a year ago.

At banks in New York City there was an increase of 13.I per

cent compared with the corresponding three-months period a year ago; at 6 other centers the increase was 6.7 per cent; and at 337 other centers it was 4.4 per cent.

(Data shown in this release

are on the same bases as in last months release.)

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

August 1961
9,615

10,532
15,591
9,823

9,161
98,462
9,465
15,279
9,368

35, tot
6,303
4,681
9,755

35,524
6,146
4,590
9,294

107,246

10,780

10,267

Total, 3^4 reporting centers
New York City
6 other centers*
337 other centers

August i960

9,606
24,239

255,536

241,771

51,445
103,235

29,474
334,131
31,959
47,088
28,725
31,569

10,638

25,539

100,856

Three months ended
August 1961
August I960
27,522

296,273

28,534
46,399
27,146
31,046
102,939
18,171
12,797
27,135

106,338
19,055
13,590
28,753
29,998
74,353

28,045

70,157

775,033
314,675
154,807
305,551

92,435
49,474

99,862

716,163

278,307
145,143
292,713

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

July 1961

,109,053
P/ 52,154
2/102,380

August i960

104,542
50,736

99,947
50,127
99,036

100,710

ANNUAL RATE OF TURNOVER OF DEMAND DEPOSITS
EXCEPT INTERBANK AND U. S. GOVERNMENT DEPOSITS
Without
seasonal adjustment
Aug.
July
Aug.
1961
1961
I960
New York City
6 other centers*
337 other centers
*

66.9
2(36.1
2/26.1

70.4
36.5
26.4

59.8
34.7
26.0

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




Adjusted for
seasonal variation
Aug.
July
Aug.

Ig60

,73.4

2/38.1
2/26.7

70.6
36.7
26.2

65.5

36.7
26.6

%/ Preliminary.

-2BANK DEBITS August 196l
(In thousands of dollars)
August 1961

August i960

Three months ended
August 1961 | August I960

DISTRICT NO. 1 - BOSTON
1,426,201
492,735
103,487
144,397

1,259,189
456,233
97,163
150,298

4,296,579
1,425,619
296,959
447,838

3,850,807
1,367,248
283,867
434,683

89,037
46,562
193,494

89,729
53,962
196,192

264,256
139,879
558,891

260,449
157,366
560,877

5,016,144
97,753
73,569
69,084
76,254
76,749
76,391
87,157
65,165
324,811
286,258

4,833,666
92,201
70,309
62,427
72,269
84,084
73,702
82,267
64,793
316,342
272,875

15,715,863
298,743
221,268
201,953
231,708
233,192
231,466
252,731
202, 046
996,067
878,026

14,559,276
280,995
208,464
188,085
213,500
247,223
225,189
238,573
190,659
961,435
822,527

Concord
Manchester

41,355
106,630

42,636
105,505

118,586
305,843

116,398
304,415

Rhode Island:

Providence

663,543

626,430

1,980,036

1,875,772

Vermont:

Burlington

58,617

58,850

176,262

174,046

908,801
511,322

847,218
451,131

786,755
1,796,349
206,320
5,273,716
l, 556,340

695,797
1,753,727
212,139
4,367,542
1,526,445

290,430
2,887,244
208,567
159,531
314,675,236
306,324
2,338,430
322,523
l, 442,478
460,562

286,582
2,879,983
204,001
162,135
278,306,959
281,176
2,154,597
315,044
1,376,631
451,704

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:

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




296,481
168,026
262,820
590,171
66,090
1,684,031
508,346
96,353
971,974
67,079
54,657
100,856,170
97,136
780,504
107,914
486,231
152,383

276,257
144,488
231,725
585,110
70,436
1,484,158 '
503,411
98,337
l, 002,356
63,526
52,560
92,434,725
88,751
725,021
103,578
450,958
146,380

-3August 1961

August i960

BANK DEBITS - August 1961
(In thousands of dollars)
Three months ended
August 1961 1 August i960

DISTRICT NO. 3 - PHILADELPHIA
Delaware:

Wilmington

988,530

726,286

3,279,911

2,484,716

New Jersey:

Atlantic City
Camden
Trenton

150,061
337,377
461,179

132,106
333,648
400,895

429,164
1,001,689
1,522,140

357,809
960,056
1, l4i, 283

Pennsylvania:

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

166,568
55,316
72,520
104, 205
236,771
38,877
78,045
123,432
37,865
82,207
6,929,521
226,314
133,500
112,337
46,482
151,057

156,358
51,938
64,153
99,946
233,617
39,956
76,186
122,435
37,145
87,620
6,282,058
191,489
143,76i
108,961
45,010
131,194

501,244
155,161
241,165
295,858
698,374
112,771
223,749
363,646
108,594
246,589
20,801,771
660,221
399,838
340,658
135,650
44o,828

465,961
152,158
192,728
282,457
672,916
112,680
227,105
357,215
107,4n
256,44i
18,932,933
543,526
437,415
322,508
131,143
395,647

DISTRICT NO. 4 - CLEVELAND
76,149
157,307

71,460
147,249

230,687
467,874

221,454
459,829

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

607,123
211,619
1,818,094
3,918,810
1,339,621
546,245
77,190
79,229
48,094
87,268
61,4l4
32,997
81,431
4i, 225
807,952
95,390
258,555
43,354

588,560
200,652
1,827,880
3,933,842
l, 377,538
525,643
83,403
70,186
40,178
89,668
63,188
33,877
79,411
4l, 634
730,549
86,287
267,361
45,988

1,840,507
617,738
5,588,692
12,090,298
3,719,167
1,620,528
237,750
233,435
135,537
275,261
196,344
95,626
246,527
124,089
2,373,184
265,969
770,820
131,394

1,793,746
613,927
5,416,942
11,939,461
3,568,080
l, 598,950
243,504
220,006
137,504
267,238
198,163
96,524
251,165
124,975
2,216,242
260,523
804,399
134,335

Pennsylvania:

Butler
Erie
Franklin
Greensburg
Oil City
Pittsburgh
Sharon

55,480
167,673
10,990
37,353
27,871
4,763,462
46,067

60,477
173,059
11,459
40,527
29,375
4,526,617
46,427

163,383
492, 022
33,214
115,265
84,714
14,529,491
141,685

180,150
508,556
33,875
121,948
85,713
14,498,829
136,715

West Virginia:

Wheeling

93,083

86,225

264,732

266,446

Kentucky:

Covington-Newport
Lexington

Ohio:




B A M DEBITS - August 1961
(In thousands of dollarsj""

-4August 1961

August i960

Three months ended
August 1961 1 August i960

DISTRICT NO. 5 - RICHMOND
District of
Columbia:
Maryland:

Washington
Baltimore
Cumberland
Frederick
Eagerstown
North Carolina: Asheville
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

2,198,720
2,297,705
40,393
36,614
50,944
103,088
612,083
139,483
282,270
44,502
464,685
60,453
48,781
349,810
139,076
269,305
191,165
94,385
56,790
56,815
76,490
89,981
395,911
49,343
1,001,028
207,801
42,227
233,889
41,647
101,206
45,935

1,924,055
2,244,099
35,206
35,958
49,744
96,286
570,862
119,881
282,321
39,438
409,933
56,737
48,261
257,291
134,845
268,985
205,953
94,562
54,956
50,881
78,145
88,045
348,709
50,106
1,166,953
194,263
44,016
234,703
4o, 152
98,124
45,596

407,305
834,486
572,769
274,095
172,270
156,096
243,527
253,752
1,199,020
151,997
3,104,143
613,005
127,387
663,194
125,102
290,711
132,956

5,623,107
6,602,856
110,971
io4,772
148,624
297,521
1,672,138
332,753
828,698
91,227
1,135,723
182,007
105,528
742,835
394,112
770,128
583,424
266,843
182,030
148,909
234,586
256,704
1,070,191
151,246
3,200,289
588,851
129,757
644,325
122,821
299,560
123,888

Alabama:

44,519
869,418
35,665
36,119
316,323
179,343
866,396
858,490
235j155
82,676
199,594
413,184
50,981
2,312,159
112,351
27,264
120,485
10,571
130,061
20,656
178,473
50,270
268,072
79,24o
1,364,921
38,661
345,205
44,64o
22,073
366,247
270,785
829,629

41,850
901,020
34,925
38,436
303,130
171,504
879,318
847,425
246,576
87,396
199,959
410,367
54,858
2,209,861
113,982
25,749
113,650
11,043
128,835
19,651
202,791
43,453
281,476
74,779
1,377,647
37,832
337,763
46,736
20,712
327,721
250,050
797,546

131,397
2,523,090
110,125
105,182
915,689
524,051
2,455,626
2,548,435
742,672
250,475
632,722
1,235,547
154,423
6,666,739
344,550
81,246
343,319
28,030
378,502
62,785
509,473
118,929
788,453
240,228
4,114,051
114,966
962,598
134,590
66,472
1,052,115
786,786
2,445,439

126,434
2, 566,014
102,344
112,115
891,080
482,681
2,548,364
2,578,101
746,662
263,849
621,926
1,229,873
157,314
6,381,369
332,508
73,970
322,522
32,001
370,811
58,506
600,830
111,475
820,211
228,620
4,084,828
115,096
948,116
133,754
60,329
978,322
737,262
2,228,281

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

6,491,489
6,770,793
124,863
109,292
149,301
299,871
1,735,411
369,009
846,409
103,892
1,227,219
174,836
109,705
891,442

-5August 1961

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

Three months ended
August 1961 | August I960

DISTRICT NO. 7 - CHICAGO
Illinois:

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

78,009
90, 371
82,285
18,735,505
55,235
113,219
52,685
100,310

84,151
83,919
78,610
18,458,585
55,418
116,146
52,618
97,169

244,269
271,572
270,664
56,287,815
159,625
369,061
163,054
299,116

264,177
247.712
251,189
53,392,373
162,098
363,703
160,781
287.713

116,117
239,997
216,540
l4o, 097

116,453
231,914
203,163
145,798

377,161
738,566
660,307
426,463

373,251
717,545
634,232
4i6,64l

Fort Wayne
Gary
Hammond
Indianapolis
Lafayette
Muncie
South Bend
Terre Haute

310,232
149,383
91,749
1,442,947
100,659
96,632
223,291
92,056

303,147
154,109
92,536
1,403,163
109,399
100,613
216,065
96,084

957,160
483,930
281,252
4,247,892
290,742
292,177
684,891
284,890

884,953
467,902
275,974
3,988,161
307,365
293,025
662,986
282,877

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

39,697
157,591
25,883
128,759
634,104
70,982
49,544
19,287
39,338
192,844
96, o4o

38,040
156,674
26,222
126,820
629,923
70,044
49,248
19,0l4
43,321
201,168
103,534

120,070
468,843
80,891
383,814
1,802,412
225,439
148,989
57,486
116,335
584,859
304,289

112,575
459,605
81,865
377.550
1,767,242
216,871
147,517
54,267
121,871
587,157
309,363

Michigan:

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

28,727
89,362
64,066
6,999,588
205,068
398,223
100,057
181,714
199,100
95,930
51,297
141,429

29,935
88,432
64,569
7,378,770
201,902
395,222
116,696
170,889
179,565
108,721
55,443
150,668

89,071
261,984
183,882
21,415,689
611,879
1,177,077
306,662
543,347
561,517
287,462
151, 002
413,153

90,455
261,655
190,810
21,569,613
613,882
l, 163,381
331,044
521,290
528,4o6
314.551
150,771
429,436

Wisconsin:

Green Bay
Kenosha
Madison
Manitowoc
Milwaukee
Oshkosh
Racine
Sheboygan

104,008
67,603
252,200
36,070
2,171,592
43,255
109,233
84,557

103,852
69,959
223,551
35,211
2,252,024
45,759
108,069
8l,4o6

306,851
218,019
739,467
108,587
6,159,160
134,215
335,239
249,324

309,164
214,191
657,533
105,246
6,116,726
132,556
327,729
239,700

Indiana:

Iowa:




-6-

BANK DEBITS - August 1961
(In thousands of dollars)

August 1961

August i960

1
Three months ended.
1 August 1961 i
| August I960

DISTRICT NO. 8 - ST. LOUIS
Arkansas:

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

38,822
73,915
10,908
260,669
52,191

33,759
67,920
11,469
243,262
51,130

108,617
220,023
32,118
789,407
153,000

97,128
195,777
35,322
733,789
146,598

29,813

27,307

87,661

83,475

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

45,009

47, i4o

142,061

142,365

l4o,541
50,479

149,909
52,750

413,664
160,617

450,559
159,596

Indiana:

Evansville

187,214

180,894

572,291

556,599

Kentucky:

Louisville
Owensboro
Paducah

953,381
57,939
38,466

958,854
53,123
37,910

2,915,261
176,438
119,012

2,818,605
170,535
119,013

Mississippi:

Greenville

32,587

30,018

100,664

92,497

Missouri:

Cape Girardeau
Hannibal
Jefferson City
St. Louis
Sedalia
Springfield

19,955
l4,292
200,195
22,078
2,940,005
124,805

23,201
13,773
154,775
2,945,224
22,370
118,087

64,701
46,061
496,830
63,173
8,938,799
368,426

69,732
4l,783
420,903
8,726,056
61,031
356,707

Tennessee:

Jackson
Memphis

33,332
976,331

32,053
890,716

98,134
2,988,248

93,020
2,600,088

Illinois:

DISTRICT NO. 9 - MINNEAPOLIS
186,251
36,460
2,429,049
7,983
62,510
33,748
965,324
89,114
26,348

181,131
43,256
2,331,722
8,237
56,884
31,867
987,204
87,494
23,876

561,115
115,044
6,982,042
24,704
194,746
99,929
2,806,174
256,701
78,252

544,036
118,278
6,430,681
25,794
171,140
94,087
2,731,428
248,980
72,454

Billings
Butte
Great Falls
Helena

100,285
51,015
93,123
53,321

100,276
56,006
86,813
53,571

286,696
162,689
263,787
155,898

280,681
170,313
24o,097
154,193

North Dakota:

Bismarck
Dickinson
Fargo
Grand Forks
Jamestown
Minot

32,326
11,240
98,785
39,828
10,284
36,101

33,084
10,377
95,722
35,539
12,o44
37,24l

101,006
33,772
284,058
112,758
32,316
109,118

94,596
28,344
268,983
98,691
32,296
102,498

South Dakota:

Aberdeen
Sioux Falls

30,251
128,742

29,639
132,730

83,630
378,540

80,277
368,843

Wisconsin:

Eau Claire
La Crosse
Superior

59,545
71,793
27,139

60.557
70,860
23.558

190,215
204,468
72,598

171,571
202, 477
66,046

Minnesota:

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

Montana.




-7•
August 1961

August i960

BANK DEBITS August 1961
(In thousands of dollars)
Three months ended
August 1961 | August 19&0""

DISTRICT NO. 10 - KANSAS CITY
Colorado:

Colorado Springs
Denver
Grand Junction
Greeley
Pueblo

Kansas:

118,883
1,841,746
42,483
65,853
98,252

118,846
1,615,309
39,302
56,126
89,685

352,883
5,172,810
120,983
178,374
274,058

334,167
4,523,610
115,069
164,973
252,576

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

17,355
24,889
22,117
67,476
13,058
142,733
25,4o4
21,012
11,497
21,239
71,121
247,986
486,219

17,415
23,251
18,566
62,549
11,765
131,216
23,715
17,482
10,952
19,632
69,529
215,573
435,812

50,717
73,675
60,956
200,471
39,669
423,705
74,566
61,972
33,474
62,445
216,969
692,384
1,459,370

49,64o
67,705
53,oo6
179,049
36,573
392,304
69,602
56,274
33,582
59,571
196,334
614,972
1,336,823

Missouri:

Independence
Joplin
Kansas City
St. Joseph

28,606
47,113
2,020,033
138,134

23,603
44,970
2,075,644
137,704

82,703
i4l,160
6,178,908
405,164

68,922
132,226
6,065,4l6
403,906

Nebraska:

Fremont
Grand Island
Hastings
Lincoln
Omaha

29,454
36,634
27,717
201,791
932,023

31,697
35,890
26,958
193,680
965,364

90,365
110,355
79,808
597,950
2,792,889

90,329
104,773
75,153
583,509
2,771,583

New Mexico:

Albuquerque
Santa Fe

300,465
86,356

311,601
86,425

896,672
228,48l

883,920
222,140

Oklahoma:

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

343,887
56,805
5,664
34,881
39,857
20,451
743,006
9,258
32,331
1,072,074

329,841
50,623
5,708
32,541
38,003
16,373
726,617
8,691
34,278
999,704

1,034,939
207,020
17,796
105,738
121,174
58,806
2,271, 258
27,255
100, 566
3,147,734

Wyoming:

Casper
Cheyenne

78,851
130,330

73,301
68,373

237,130
269,365




l, 017, oi4
181,444
18,517
99,056
120,981
52,042
2,098,477
26,893
101,179
3,026,893
220,726
233,789

BANK DEBITS - August 1961
(In thousands of dollars)
August 1961

August i960

Three months ended
August 1961 I August I960

DISTRICT NO. 11 - DALLAS
Arizona:

Tucson

239,110

217,495

750,639

687,667

Louisiana:

Monroe
Shreveport

89,776
324,931

84,159
315,499

250,618
984,432

968,672

New Mexico:

Roswell

46,lio

43,065

139,351

124,585

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

98,470

97,941
219,043
226,993
160,006

297,075
702,548

287,881
668,863
628,149

235,875

262,607
165,296
215,718
17,220

3,062,777
357,328
809,945

208,365
16,043

2,885,760

698,880
497,973
593,132
48,629

9,111,638
1,051,258

26,4o6
173,539
65,469
55,241

346,123
761,516
92,046
2,626,637
26,234
179,533
64,308
56,335

636,782

1,922,771

22,971
88,677
105,271
115,671

23,609
88,402
108,748
121,748

67,595
258,519

101,831
2,908,727

678,010

2,446,264

287,172

8,275,594

80,769

513,703

192,037
160,541

242,353

474,320
591,619
48,692
8,373,819

1,007,901
2,335,223
258,387

7,563,815
80,853
529,193

191,581

162,919
1,823,406

348,511

71,824
251,543
316,972
354,608

318,691

DISTRICT NO. 12 - SAB 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

823,334

784,108

2,438,726

2,376,816

163,601
166,410
289,203
343,542
8,266,733

159,901
153,765
290,064
368,141
7,247,291
101,299

514,769
492,554

486,202
447,990
849,356

106,178
860,031

262,481
120,287
1,459,510
135,031
1,184,4l6
5,497,492
445,421

885,058
237,078
121,308

1,705,359

136,856

1,027,701
5,274,044

430,607

113,247
72,880
167,386

871,757

1,005,312
23,939,815
302.430
2,434,424

780,587
387,216

4,050,261
408,990
3,194,543
16,645,721
1,311,694

94,384
65,257
149,428

341,034
214,243

481.431

1,054,929

21,513,843
288,210
2,505,276
718,610

362,243

4,353,077
419,785

3,032,980

15,175,034

1,238,637
276,003
188,512
426,271

Idaho:

Boise

150,035

150,176

437,813

4l4,583

Nevada:

Reno

130,664

l4l,188

387,877

405,083

Oregon:

Eugene
Portland
Salem

108,186

307,365
3,382,370
448,698

304,132
3,746,564
398,215

295,237
1,754,310

1,685,186

137,017

135,608

5,194,024
913,494
734,982

4,939,587
874,016
718,848

230,025

217,903

Washington:

Bellingham
Everett
Seattle
Spokane
Tacoma
Walla Walla
Yakima




100,568

105,776

586,763

612,778
43,338
65,557
1,804,708
314,498
257,582

203,496

t— CVJ OJ

Ogden
Salt Lake City

176,135

1,295,869
144,062

r-T

Utah:

109,028
1,181,155

110,891

291,243

190,016

122,090