Full text of G.6 Debits and Deposit Turnover at Commercial Banks : October 13, 1977

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G.6

REVISION OF BANK DEBITS AND DEPOSIT TURNOVER SERIES

October 13., 1977

The bank debits and demand deposit turnover data published
monthly on the G.6 release has been revised. The attached G.6 release
is the first issue for the new series. Commencing with July, the new
monthly series replaces the former 233 SMSA series which terminated
with June 1977 data. The new series provides monthly estimates of
debits, deposits, and deposit turnover at all commercial banks for
demand deposits, total savings deposits, business savings deposits,
and savings deposits of all other customers. Breakdowns for major
New York City banks and for all other commercial banks also are provided for the demand deposit series.
Back data for the period January 1970 through June 1977 have
been estimated for the demand deposit series based on data from the
former 233 SMSA series and from member bank deposit reports. Seasonal
factors based on these back data will be applied to current estimates
for the demand deposit series. The back data are available on request
from the Banking Section, Division of Research and Statistics Board of
Governors of Federal Reserve System, Washington, D.C., 20551. Savings
debits, deposits, and turnover will be available only on an unadjusted
basis until sufficient data are available for computation of seasonal
adjustments.
The new debits estimates are derived from reports of a national
sample of about 300 member banks. For purposes of this series, demand
deposits include deposits of individuals, partnerships, and corporations
and States and political subdivisions in the United States. All debits
and turnover estimates are expressed as annual rates.




FEDERAL

RESERVE

statistical

release

'•f*4L RES^
For Immediate Release
FEDERAL RESERVE Statistical Release G.6
D E B I T S

October 13, 1977
A N D

D E P O S I T

T U R N O V E R

D E B I T S DURING THE M O N T H
TO D E M A N D DEPOSITS 1 /
NEW YORK
CITY

ALL BANKS
30,347.8
29,781.1
30,024.3
30,131.4
32,074.0
32,719.1
31,583.2
32,541.1
33,343.9
34,687.0
34,805.2
34,098.5
35,644.8

1976—AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
1977-JANUARY
FEBRUARY
MARCH
APRIL
MAY
JUNE
JULY
AUGUST

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1

12,079.5
11,432.4
11,894.7
11,818.7
12,559.4
13,380.4
12,703.0
12,880.8
13,276.9
13,979.7
14,049.7
13,501.0
14,351.0

ALL B A N K S
1976—AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
1977-JANUARY
FEBRUARY
MARCH
APRIL
MAY
JUNE
JULY
AUGUST

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250.8
250.8
254.8
255.8
260.3
256.9
255.0
255.9
260.0
259.4
260.6
267.5
266.4

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B A N K S

TO S A V I N G S D E P O S I T S £ / (NSA)
BY TYPE OF C U S T O M E R

OTHER BANKS

TOTAL

18,268.3
18,348.7
18,129.6
18,312.7
19,514.6
19,338.7
18,880.2
19,660.3
20,067.0
20,707.3
20,755.5
20,597.5
21,293.8

359.1
366.2

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C O M M E R C I A L

(ANNUAL R A T E , BILLIONS OF D O L L A R S )

(SA)

AVERAGE DEPOSIT S O U T S T A N D NG
D E M A N D DEPOSITS 1 /

AT

ISA)

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BUSINESS J Z

43.6
55.0

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OTHER

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315.6
311.2

(BILLIONS OF D O L L A R S )
SAVINGS D E P O S I T S £ / (NSA)
BY TYPE OF C U S T O M E R

NEW YORK
CITY

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OTHER BANKS

28.2
27.6
28.3
27.8
27.2
28.7
27.4
27.3
27.7
27.7
26.8
28.1
27.6

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222.6
223.2
226.5
228.0
233.1
228.2
227.6
228.6
232.3
231.7
233.8
239.4
238.7

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TOTAL

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BUSINESS & /

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—*I
OTHER

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$

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10.2

214.2
214.4

204.0 |
203.9 I

10.5

ANNUAL RATE OF D POSIT TURNOVER
D E M A N D DEPOSITS 1/

ALL BANKS
1976-AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
1977-JANUARY
FEBRUARY
MARCH
APRIL
MAY
JUNE
JULY
AUGUST




121.0
118.7
117.8
117.8
123.2
127.4
123.9
127.2
128.2
133.7
133.6
127.5
133.8

1 Z

1/
a/

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NEW YORK
CITY
428.4
414.2
420.3
425.1
461.7
466.2
463.6
471.8
479.3
504.7
524.2
479.7
519.3

POLITICAL5SUBDIVISIONS

(SA)
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SAVINGS DEPOSITS Z Z (NSA)
BY TYPE OF C U S T O M E R

OTHER BANKS

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I N D I V I D U A L S

82.1
82.2
80.0
80.3
83.7
84.7
83.0
86.0
86.4
89.4
88.8
86.1
89.2

»

TOTAL

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BUSINESS 3 /

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OTHER

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1.7
1.7

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4.3
5.2

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PARTNERSHIPS, AND C O R P O R A T I O N S A N D OF

1.5 I
1.5 I

STATES AND