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Form F. R. 286

STATEMENT FOR THE PRESS

For immediate release

Board of Governors
of the Federal Reserve System
April 9, 1940

MONTHLY STATEMENT OF DEBITS TO DEPOSIT ACCOUNTS (EXCEPT INTERBANK ACCOUNTS)
(Monthly figures for each reporting center are derived from reports cover­
ing weeks ending on Wednesdays. The figures for a week that begins in one month
and ends in another are prorated to the respective months on the basis of the
number of business days of the week that sire in each month.)
SUMMARY BY FEDERAL RESERVE DISTRICTS
(in miLllions of dollars)
3 months ended —
March
March
Federal Reserve
Mar. 1939
Mar.
1940
1940
1939
District
5,606
1,968
5,907
Boston
2,024
46,794
17,492
4-6,005
16,554
New York
5,651
5,143
1,874
1,870
Philadelphia
6,988
2,116
2,386
6,073
Cleveland
3 ,884
3,484
Richmond
1,332
1,233
3,432
3,064
1,064
1,170
Atlanta
16,028
5,166
14,029
5,659
Chicago
1,068
3,127
2,849
989
St. Louis
1,977
620
675
1,731
Minneapolis
3,129
1,129
3,311
Kansas City
1,073
2,720
920
2,4-92
862
Dallas
8,722.
8,082
2,983
2,865
San Francisco
107,752
102,475
37,322
37,769
Total, 274 reporting centers
43 ,188
42,078
16,274
New York City*
15,201
51,272
18,211
56,859
140 other leading cities*
19,537
8,015
2,837 !
8,815
133 other centers
3,031
DEBITS BY BANKS IN EACH REPORTING CENTER
______ (In thousands of dollars)
_
March
3 months ended —
March
Mar. 1939
Liar, 1940
1940
1939
DISTRICT NO. 1 - BOSTON
Conn*
Hartford*
11
New Haven*
t
i
Waterbury*
Bangor*
Maine
«
Portland
Mass,
Boston*
tt
Brockton
t
t
Fall River*
1
1
Holyoke*
11
Lowell*
11
Lynn
t
i
New Bedford*
t
t
Springfield
t
t
Worcester*
Manchester
N. H.
Providence*
R. I.
Vt.
Burlington

204,031
72,259
27,37L
13,762
31,715
1 ,285,282
17,081
17,950
11,771
14,011
18,589
16,937
63,753
57,554
16,270
145,114
10,229

185,315

607,108

12,265
31,578
1,282,385
16,144
17,875
10,357
13,341
16,968
16,340
61,775
50,514
14,635
135,184
9,903

226,949
85,438
41,412
96,464
3,700,067
48,686
54,225
35,290
42,549
54,918
51,554
189,981
170,545
47,599
423,443
30,580

68,000
25,888

531,058
203,897
77,391
36,009
95,326
3,624,713
45,249
50,547

29,631

37,690
49,653
48,706
175,612
146,043
43,657
382,222
28,415

*The 141 centers, including New York City, for which bank debit figures are avail­
able back to 1919j are designated by an asterisk.




Fora F.R, 286—a
DEBITS BY BANKS IN EACH REPORTING CENTER
_______ (In thousands of doHors)

DISTRICT NO. 2 - NEW YORK
Com,
Stanford
N. J.
Montclair
ii
Newark
Northern New Jersey
Clearing House Association
J.
Passaic*
N. Y.
Albany*
ti
Binghamton*
n
Buffalo*
ii
Elmira
ii
Jamestovm
n
Ner York*
ii
Poughkeepsie
ti
Rochester*
ii
Syracuse*
it
Utica
u

DISTRICT NO. 3
Wilmington*
Camden
Trenton*
Allentown
Altoona*
Chester*
Harrisburg
Hazleton
Johnstown
Lancaster*
Lebanon
Norristown
Philadelphi a*
Reading
Scranton*
Wilkes-Barre*
Williamsport*
York*
DISTRICT NO. 4
Lexington*
Akron*
Canton
Cincinnati
Cleveland*
Columbus*
Dayton*
Hamilton
Lima
Lorain
Middletown
Springfield*
Steubenville
Toledo*
Warren
Youngstovm*
Zanesville
Butler
Erie*
Franklin
Greensburg*
Homestead
Oil City*
Pittsburgh*
Wheeling*



.

PHILADELPHIA
Del.
N. J.
ii
Penna,
it
it
it
n
n
ti
ti
n
it
ii
ii
it
ti
ti
CLEVELAND
Ky.
Ohio
ii
I!
II
II
II
II
II
II
II
II
II
II
tl
II
II
Pa.
ti
n
n
ii
ii

it
U. Va,

3 months ended —
"Mar. 1940
Mar. 1939

March
1940

March
1939

18,456
14,900
339,305

17,354
14,526
311,884

53,128
48,057
965,087

4-9,310
43,454
873,712

149,397
163,003
26,584
30,295
207,287
264,161
19,283
20,160
231,783
210,849
12,906
12,312
12,261
13,558
16,274,406
15,200,741
14,281
13,199
116,426
120,587
79,421
76,335
29,734
30,671

484,397
88,228
689,508
62,294
701,696
39,876
39,111
-2,077,774
4-4,424

443,146
76,594
675,600
57,279
619,856
38,022
33,564
43,187,670
40,976
336,478
226,707
91,910

103,367
47,751
66,517

328,959
156,112
230 ,34-5

125,502.
50,358
73,248
26,408
10,652
14,808
40,961
9,525
15,957
31,483

6,803

9,849
1,311,405
39,065
46,732
22,081
11,873

23,212
10,235
12,719
41,898
12,891
13,537

26,403
6,615
9,027
1,362,167
37,692
45,064
21,879

10,010

368,332
251,621
91,88/:-

76,301
31,011

4-3,330
117,271
29,085
4-7,336
78,719
19,834
29,751
4,041,386
114,138
140,768
66,075
32,769
68,286

23,110

22,723.

19,229
69,867
38,374
347,517
582,951
191,824
74,294
11,311
13,981
5,125
11,775
18,011
9,926
130,653

19,802
63.343
34,617
319,343
506,497
179,819
64,211

88,401
199,994
111,394
982,866
1,738,593
522,64-5

10,836

32.,715
43,423
15,090
35,783
50,589
29,075
371,34-7
30 ,34-3
148,492
24,974
28,151
fJ ^00
0r>r\
0^19
O 070
21,945
9,521
31,580
2,093,431
77,439

10,301
47,736
8,592
9,316
28,791
3,027
6,733
3,431
10,474
707,257
25,090

12,604
4,828
10,503
17.344
9,091
114,227
9,105
43,106
7,952
8,825

26,817
2,659
6,456
2,939
9,752
600,829
30,608

206,068

270,516
132,544
196,963
66,474
30,016
35,787
112,915
37,829
39,353
73,658
18,370
25,74-1
3,717,566
101,351
130,053
63,874
27,653
61,927
84,796
177,605
94,258
901,280
1,489,689
477,2.74
177,732
30,303
35,570
13,039
28,400
48,052
25,402
321,225
25,096
118,976
22,711
24,233
73,901
7,487
18,815
8,032
27,196
1,756,203
85,815

Form F. R. 286—b
DEBITS BY BANKS IN EACH REPORTING CENTER
(in thousands of dollars)
March
1940

March
1939

3 months ended—
Mar. 1940
liar. 1939

DISTRICT NO. 5 - .RICHMOND
Washington
Baltimore*
Cumberland
Hagerstown
Asheville
Charlotte*
Durham
Greensboro
Raleigh*
Wilmington
Winston-Salem
Charleston
Columbia*
Greenville*
Spartanburg
Danville
Lynchburg
Newport News
Norfolk*
Portsmouth
R'ichiiond*
Rocnoke
Charleston
Huntington

D. C.
Md.
it
it

N. C.
tt
tt
tt
tt
tt
tt
S. c.
tt
tt
tt

Va.
tt
tt
tt
tt
tt
tt

W. Va.
tt

808,307
1,136,409
23,708
25,367
37,298
199,834
85,754
59,979
132,376
33,536
118,997
58,168
85,622
62,048
32,191
25,693
45,227
34,250
148,007
12,989
441,664
82,241
144,826

287,345
391,008
8,213
9,326
12,500
69,942
26,575
21,145
44,158
11,325
43,909
20,651
29,232
20,075
10,921
8,019
15,844
11,519
51,227
4,479
141,849
28,527
47,474
17,102

272,053
340,906
7,821
8,222
12,035
58,816
26,375
20,422
44,645

16,366

49,838

98,601
2,966
40,978
22,664
89,519
71,151
9,533
35,366
5,567
234,500
19,575
3,047
16,579
1,143
. 16,601
1,968
29,906
4,378
245,215
5,386
31,432
12,377
7,948
44,449
32,276
86,948

88,674
3,393
35,295
20,818
83,933
63,589
8,413
30,418
5,376
201,079

300,272

10,300
41,275
16,938
30,428
18,530
9,328
7,089
13,439
8,893
50,447
4,260
139,4-32
30,089
45,373

750,738
969,080
21,587
21,839
34,384
164,290
73,500
55,046
127,160
29,621
112,100
48,327
80,184
54,175
27,457

22,026
40,370
24,985
139,783
12,020
4-23,251
77,648
128,707
45,277

DISTRICT NO. 6 - ATLANTA
Birmingham*
Dothan
Mobile*
Montgomery*
Jacksonville*
Miami
Pensacola*
Tampa*
Albany
Atlanta*
Augusta*
Brunswick
Columbus
Elberton
Macon*
Neuman
Savannah.*
Valdosta
New Orleans*
Hattiesburg
Jackson
Meridian
Vicksburg*
Chattanooga*
Knoxville*
Nashville*




Ala
it
tt
tt

Fla.
tt
tt
tt

Ga.
tt
tt
tt
tt
tt
tt
tt
tt
tt

La.
Miss.
tt
tt
tt

Tenn.
tt
tt

16,563

2,691
13,501
1,120
14,368
1,868
27,747
3,864
233,338
5,448
27,209

11,166
7,687
44,552
30,804
80,984

8,615
124,923
73,901
264,100
212,454
27,379
102,972
15,043

668,463
60,545
8,451
47,892
3,U3
48,414
5,678
85,664
12,314
708,549
15,014
92,759
35,559
23,782
132,645
104,818
249,175

259,839
9,506
105,113

62,601

233,340
175,649
23,793
88,730
16,014
570,433
47,671
7,543
39,771
3,131
40,806
5,118
79,501
.10,564
665,505
14,220
81,413
31,633
20,920
126,954
95,891
247,933

Form F.R. 286-c
DEBITS BY BANKS IN EACH REPORTING CENTER
________ (In thousands of dollars)
March
1940
DISTRICT NO. 7 ~ CHICAGO
Aurora.
Ill,
it
Bloomington*
ti
Champaign-Urbana
i
i
Chicago*
it
Danville
ii
Decatur*
ii
Elgin
ii
Holine
it
Peoria*
n
Rockford*
it
Springfield
Fort Wayne*
Ind.
ii
Gary
ii
Hanmond
ii
Indianapolis*
it
South Bend*
ti
Terre Haute
Cedar Rapids*
Iowa
ii
Clinton
it
Davenport*
ii
Des Moines*
ii
Dubuque*
ii
Mason City
n
Mufcatine
ii
Sioux City*
ii
Waterloo*
Adrian
Mich*
it
Battle Creek
ti
Bay City*
ii
Detroit*
it
Flint*
it
Grand Rapids*
ii
Jackson
ii
Kalamazoo*
ii
Lansing*
ii
Saginaw
Green Bay
Wis.
ii
Manitowoc
it
Milwaukee*
ii
Oshkosh
it
Sheboygan
DISTRICT NO. 8 - ST. LOUIS
El Dorado
Ark,
Fort Smith
"
Helena
»•
Little Rock*
«
Pine Bluff
«
Texarkana
"
(See also Tex.)
East St. Louis & Nat*l
Stock Yards
111.
ti
Quincy
Bv, isville*
Ind.
Loui.svi.lle*
Ky.
ti
O'c? sboro
Greenville
Miss.
St, Louis*
Mo.
ii
Sedalia
i
i
Springfield
Memphis*
Tenn.



11,741
12,642
16,604
3,347,319
10,059
20,334
7.956
9,613
59,249
27,420
27,731
30,852
16,210
8,413
208,538
40,479
25,655
28,028
5,662

22,768
104,855
9,185
10,294
3,450
36,075
18,721
4,029
12,554

,

11,301

1 000,961
30,820
57,193
14,907
2-3?535
2.4.705
21,748
15,560
7,353
289,165
9,327
16,465

5,606

March
1939
11,707
12,424
14,727
3,069,131
9,189
17,163
7,540
8,080
54,210

23,816
24,747
29,238
14,927
7,502
191,323
36,700
21,718
24,649
5,430
22,536
101,890
9,171
9,895

3,366

39,813
17,440
3.607
12,423
9.571
877,149
26,734
50,932
14,639
21,124
22,060
19,339
14,962
6,008
276,561
8.571
13,565

12.705
2,001
41,596
8,109

5,542
11,147
1,735
38,583
9.608

3.957
34,289
8,838
32*161
171,366
5,951
5,720
581,43-3

2,230
14,537
137,036

3 months ended —
Mar. 1940
Mar. 1939
33,501
37,388
44.936
9,249,908
29,554

56.936
23,140
'

26,139
168,910
77,000
75,993
93,858
51,84-2
24.748
634,439
120,767
73,816
76,303
16,677

65,226
286,956
27.748
30,539
9,822
108,142
53,941
11,747
36,991
33,285
2,959,078
87,919
173,392
46,043
70,055
73,222
66,651
44,4-53
21, ,c91
829,695
28,011
4-7,611

16,763

31,430
32,424
38,433
8,091,289
26,135
47,792
20,599
23,501
150,142
63,005
68,657
84,762
42,229
20,666

562,808
100,4-78
61,522
68,008
15,341
60,183
286,046
26,291
29,363
9,323
109,412
49,562
10,186
34,515
23,333
2,506,177
75,257
144,164
41,818
58,725
64,932
53,934
41,096
17,451
767,078
25,132
40,347

21,509

15.849
33,626
4,509
106,540
23,420

4,089

9,800

9,343

33,447
8,125
28,555
152,577
7,069
5,177
555,334
2,093
13,377
112,4^6

99,893
24,905
97,777
503,973
20,095
16,755
1,694,810
6,557
41,176
4-15,068

94,053
21.849
82,186
455,339

35,736
5,648

116,163

21,686
14,926
1,575,087
5,679
38 ,443
346,935

Porn F« R. 286-d
»

DEBITS BY BANKS UI EACH REPORTING CENTER
(In thousands of dollars)

*

March
1940

March
1939

3 months ended —
Mar." 1940 | Max. 1939

DISTRICT NO. 9 - MINNEAPOLIS
Duluth*
Minneapolis*
Red Wing
St. Paul*
South St. Paul
Winona
Billings*
Helena*
Dickinson
Fargo*
Grand Forks*
Jamestown
Minot
Aberdeen*
Sioux Falls
La Crosse
Superior*

Minn.

35,627
306,367
1,760

11

45,756
342,834
1,703
163,919

”

25,168

24,186
10,374
10,141
9,909
1,14-9
16,571
4,426

11
n

11
Mont.
"
N. D.
"
”
"
"
S . D.
"
Wis.
n

6,035
11,405
11,118
1,412
19,057
4,694
1,861
3,435
4,897
17,704
9,383
4,297

160,256

1,361
3,108
4,322
17,380

8,366
4,346

124,194
998,166
5,019
492,336
76,738
18,367
29,562
32,729
3,891
58,023
14,085
5,095
10,082
14,571
55,139
27,158
12,040

98,502
853,164
4,910
452,167
73,087
21,487
26,608
29,759
2,773
44,948
12,282
3,763
8,609
12,292

38,661

39,457
438,061
9,928
40,160
8,038
29,714
8,492.
48,094
10,2.17
11,049
56,4-19
125,443
27,811
808,733
76,872
7,514
77,114
409,232
43,395
80,353
26,964
4,749
23,523
293,572
7,506
376,889
16,549
23,140

51,126
23,721
11,667

DISTRICT NO. 10 - KANSAS CITY
Colorado Springs*Colo.
M
Denver*
tl
Grand Junction
It
Pueblo*
Atchison
Kans.
11
Hutchinson
I!
Independence
11
Kansas City*
tt
Lawrence
tt
Pittsburg
II
Topeka*
It
Wichita*
Joplin*
Mo.
ti
Kansas City*
ti
St,. Joseph*
Neb.
Fremont
ti
Lincoln
tt
Omaha*
N. M.
Albuquerque*
Okla.
Bartie sville*
tt
Enid
t
t
Guthrie
t
i
Muskogee*
t
t
Oklahoma City*
tt
Okmulgee
t
i
Tulsa*
Wyo.
Casper
tt
Cheyenne




13,983
153,657
3,764
13,444
2,862
12,255
2,642
15,249
3,778
3,850
20,420
45,694
8,701
308,067
24,905
2,778
27,308
141,562
16,305
26,110
11,059
1,513
7,441
106,449
2,542

139,139
5.816
8,047

13,556
152,028

3,601
11,959
2,759
10,135
2,791
14,918
3,667
3,644
16,853
41,565
9,499
286,231
25,451
2,784
27,608
142,546
15,421
26,425
9,719
1,486
7,951
99,759
2,557
124,594
5,334
8,332 f

445,845
10,799
38,186
8,091
34,451
7,827
50,025
10,341
11,551
65,234
132,241
28,096
895,756
80,995
7,964
81,423
4-14,524
47,952
36,499
29,863
4,301
21,700
313,701
7,701
395,977
17,835
23,081

Form F. R, 286-e

DISTRICT NO. 11 - DALLAS
Tucson*
Ariz.
Shreveport*
La.
Roswell
N. M.
Abilciae
Tex.
tt
Austin*
11
Beaumont*
11
Corsicana
it
Dallas*
ti
El Paso*
ii
Fort Worth*
it
Galveston
it
Houston*
it
Port Arthur
ii
San Antonio
ti
Texarkana*
(See also Ark. )
If
Tyler
ft
Waco*
Wichita Falls

13,223

m

March
1939

•

March
1940

1
1----------- 4

DEBITS BY BANKS IN EACH REPORTING CENTER
/ .1_L.CA-L J
______ \(In
-LJLi thousands
UiiV'L
of dollars)_____

ended —
| Liar. 1939

13,022
45,376
4,467
3,517
35,135
23,780
3,329
263,377
33,249
80,971
28,078
251,008
9,599
72,100

8,905
35,063
24,156
3,265
246,851
31,544
76,737
26,265
226,117
9,116
71,141

737,594
93,998
24-1,806
36,549
735,594. 23,547
203,568

36,514126,048
11,386
24,796
98,227
69,827
9,952
708,654
90,445
228,158
77,544
655,777
26,442
199,495

4,207
12,410
14,722
16,608

4,130
11,651
13,758
14,688

12,529
35,657
43,142
4-9,085

12,281
33,474
40,770
42,035

48,195
17,312
24,568
30,132
40,370
889,227
103,948
27,766
120,985
11,358
50,545
891,795
23,314
11,336
19,250
17,276
13,911
3,661
193,732
17,105
14,696
66,329
7,119
9,035
213,973
51,044
39,528
7,090

43,199
-17,353
19,804
30,782
41,354
868,706

142,232.
53,437
76,486
95,583
113,830
2,636,607
309,165
34,108
44-1,449

131,080
51,94-9
59,417
92,230
116,544
2,506,242
286,356
83,002
441,139
35,583
142,245
2,310,243
67,769
37,011
48,578
48,609
31,373
20,749
471,949
42,917
37,609
181,856
17,495
21,069
526,64$
122,615
97,356
17,136
35,517

41,558

3,831

^6,74-3
136,157
12,675
25,635
103,261
72,284

10,232

DISTRICT NO. 12 - SAW FRAllCISCO
Phoenix
Bakersfield
Berkeley
Fresno*
Long Beach*
Los Angeles*
Oakland*
Pasadena*
Sacramento*
San Bernardino
San Diego*
San Francisco*
San Jose
Santa Barbara
Stockton*
Boise*
Reno*
Eugene
Portland*
Salem
Ogden*
Salt Lake City*
Bellingham
Everett
Seattle*
Spokane*
Tacoma*
Walla Walla
Yakima*

Ariz.
Calif,
tt
tt
tt
tt
tt
tt
tt
tt
tt
tt
tt
tt
tt
Idaho
11ov.
Ore.
tt
tt
Utah
tt
Wash.
tt
tt
tt
tt
tt
tt




12,130

102,036
28,604
127,007
12,038
48,043
847,076
23,991
13,922
16,690

16,000
12,127
7,885
186,698
16,440
12,050

60,366
6,057
7,687
197,861
46,057
35,556
6,184
13,354

36,109
148,313
2,512,953
63,554
34,533
56,042
53,845
37,537
23,534
494,324
46,086
41,363
202,559
20,228
26,456
608,643
3.4-3,792
110,086
19,527
33,313