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Fora F. R. 285 STATEMENT FOR THE PRESS For immediate release BANK DEBITS Board of Governors of the Federal Reserve System December 2.3, 1940 Debits to deposit accounts (except interbank accounts), as reported by banks in leading cities for the week ended December 18, aggregated $11,824,000,000. Total debits during the 13 weeks ended December 18 amounted to $119,4-50,000,000, or 8 percent above the total reported for the corresponding period a year ago. At banks in Hew York City there was an increase of 7 percent compared ivith the corresponding period a year $ g o , and at the other reporting centers there was an increase of 8 percent, Federal Reserve District SUMMARY BY FEDERAL RESERVE DISTRICTS .(3'.tl millions of dollars) Week ended 13 weeks ended December 18 December 20 December 18 December 20 1940 1940 1939 1939 Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco Total, 274 reporting centers New York City* 140 Other leading centers* 133 Other centers 666 5,311 654 814432 354 1,624 335 179 324 274 856 578 7,0846,450 4,813 50,137 46,817 587 6,236 5,710 724 7,510 8,233 4,618 4,194 373 317 3,421 3,723 1,630 17,455 15,821 320 3,728 3,525 185 2,201 2,203 327 3,561 3,567 273 2,94-5 2,803 795 8,844 9,523 11,824 10,923 119,450 110,860 4,897 4,449 45,935 42,889 5,982 5,6o4 58,575 63,443 944 .. .....371— ..... . J U W 2 - ____ ____ 5-596— DEBITS BY BANKS IN EACH REPORTING CENTER, DURING THE WEEK ENDED DECEMBER 13, 1940 (in thousands of dollars) DISTRICT NO. 1 - BOSTON DISTRICT NO. 2 - NEW YORK (Cont*d) Hartford Conn. N. Y. Elmira 68,486 4,310 11 ti New Haven Jamestown 3,823 23,939 11 11 Waterbury New York 9,454 4,896,919 tt Bangor 3,62.6 Maine 4,618 Poughkeepsie tt tt 35,022 Portland 10,218 Rochester 11 426,138 Boston Syracuse 22,482 Mass, tt tt 4,831 8,111 Brockton Utica tt Fall River 6,003 tt Holyoke 3,330 DISTRICT NO. 3 - PHILADELPHIA it 4,148 Wilmington 65,211 Lowell Del. it 5,286 16,890 Lynn N. J. Camden tt tt 7,812 Trenton 34,114 New Bedford tt 19,390 Penna, Allentown 7,155 Springfield ti tt 19,428 3,007 Worcester Altoona 11 4-,498 Manchester 5,150 N. H. Chester tt 44,470 Harrisburg 11,103 Providence R. I. 1 1 3,138 2,911 Burlington Vt. Hazleton it 4,457 Johnstown tt 7,163 Lancaster DISTRICT NO. 2 - NEW YORK tt 1,924 6,000 Stamford Lebanon Conn, tt 2,9645,078 Norristown Montclair N. J. tt tt 447,957 Newark 119,999 Philadelphia tt 11,296 Northern New Jersey Reading tt 14,372 Scranton Clearing House Assn. 60,131 tt ■tt 8,086 Wilkes-Barre Passaic 10,633 ti 3,426 63,288 Williamsport Albany N. Y. tt it 7,584 6,267 York Binghamton tt 65,016 Buffalo *Centers for which bank debit figures are available back to 1919* Fora F. P.. 285-a DEBITS BY BANKS IN EACH REPORTING CENTER, DURING THE WEEK ENDED DECEMBER IS, 1940 (In thousands of dollars) DISTRICT NO. 4 - CLEVELAND DISTRICT NO. 6 - ATLANTA (Cont*d) Lexington Ky. 10,506 Albany Ga. 1,816 tt Akron Ohio 22,153 Atlanta 69,599 tt Canton « 13,220 Augusta 6,241 tt Cincinnati " 108,810 Brunswick 860 it Cleveland " 231,879 Columbus 6,126 it Columbus 11 57.228 Elberton 376 tt Dayton » 22,669 Macon 5,602 tt Hamilton ** 3 ,097 Newnan 607 tt Lima ” 4,283 Savannah 9,795 it Lorain tt 1,413 Valdosta 1,100 Middletovm ’* 3,574 La, New Orleans 66,077 Springfield n 4,906 Hattiesburg Miss, 3,787 tt Steubenville " 2,847 Jackson *8,000 ti Toledo " 48,743 Meridian 3,985 ti Warren ” 4,318 Vicksburg 2,058 Youngstown ” 17,820 Tenn, Chattanooga 16,290 it Zanesville ” 2,547 Knoxville 11,094 ti Butler Pa. 2,891 Nashville 29,203 Erie *' 9,519 Franklin ” 892 DISTRICT NO. 7 - CHICAGO Greensburg « 2,250 Aurora 111. 3,345 ti Homestead ” 959 Bloomington 3,330 Oil City *' 3,202 Champaign-Urb ana it 4,446 ti Pittsburgh " 226,019 Chicago 919,082 it Wheeling ?/. Va, 8,704 Danville 2,656 ti Decatur 5,269 it DISTRICT NO. 5 - RICHMOND Elgin 2,620 ti Washington D. C, 84,468 Moline 2,973 tt Baltimore Md, 125,009 Peoria 17,976 ti Cumberland M 2,365 Roclcford 9,145 it Hagerstown " 2,754 Springfield 7,900 Asheville N. C, 4,107 Fort Wayne Ind, 10,236 ti pharlotte 11 26.750 Gary 4,653 tt Ourham " 10,060 Hammond 3,039 tt Greensboro ” 7 jjiq Indianapolis 68,790 1 1 Raleigh « 12,356 South Bend 12,953 it Wilmington 11 3,279 Terre Haute 7,651 Winston-Salem " 18,096 Cedar Rapids Iowa 7,864 ti Charleston S. C. 6,481 Clinton 1,760 tt Oolumbia » 11,365 Davenport 6,131 tt Greenville ” 7,208 Des Moines 25,110 tt Spartanburg " 3,838 Dubuque 3,215 it Danville Va, 2,821 Mason City 2,631 it Lynchburg »' 4,334 Muscatine 991 tt Newport News " 3,609 Sioux City 10,542 tt Norfolk « 17,885 Waterloo 5,308 Portsmouth " 1,906 Adrain Mich, 1,257 ti Richmond " 45,973 Battle Creek 3,883 tt Roanoke « 8,617 Bay City 3,966 tt Charleston W. Va, 15,951 Detroit 312,527 ti Huntington 11 5,165 Flint 9,003 it Grand Rapids 17,618 ti DISTRICT NO. 6 - ATLANTA Jackson 5,192 tt Birmingham Ala. 30,296 Kalamazoo 7,548 it Dothan » 1,185 Lansing 8,878 tt Mobile « 13,55S Saginaw 9,130 Montgomery ” 6,919 Green Bay Wis. 4,308 tt Jacksonville Fla, 29,550 Manitowoc 2,378 it Miami " 17,097 Milwaukee 81,431 it Pensacola ” 3,302 Oshkoeh 2,661 ti Tampa ” 9,630 Sheboygan 4,710 ■^Estimated. Forn F. P.. 285-b DEBITS BY BANKS IN EACH REPORTING CENTER, DURING THE WEEK ENDED DECEMBER 18,1940 (in thousands of dollars) DISTRICT NO. 8 - ST. LOUIS DISTRICT NO. 10 - KANSAS CITY (Cont*d El Dorado Ark. Muskogee Okla. 2,240 1,347 ii If Fort Smith 3,978 Oklahoma City 27,336 ii It Helena 746 510 Okmulgee ii ft Little Rock 47,306 13,400 Tulsa ii Pine Bluff 1,822 Casper Wyo, 2,299 ii tt Texarkana Cheyenne 2,2641,033 (See also Tex.) East St, Louis & Nat’l DISTRICT NO. 1 1 - DALLAS 3,326 Stock Yards 111 . 10,559 Ariz. Tucson it Quincy 2,467 La# 13,574 Shreveport Evansville Ind. 9,095 Roswell 1,329 N. M. Louisville Ky. 55,391 Abilene 2,351 Texf it tt 2,148 Owensboro 10,245 Austin tt 1,357 7,940 Greenville Beaumont Miss. tt 798 175,100 St, Louis Mo, Corsicana tt n 80,880 Sedalia 543 Dallas it tt 4,183 13,139 Springfield El Paso tt 52,078 23,781 Memphis Tenn. Fort Worth tt 7,097 Galveston tt 72,863 DISTRICT NO. 9 -- MINNEAPOLIS Houston tt 2,088 10,524 Duluth Minn„ Port Arthur ii tt 21,378 88,565 Minneapolis San Antonio ii tt 500 Red Wing Texarkana ti 1,268 44,585 St. Paul (See also Ark.) tt tt 7,341 South St, Paul 3,329 Tyler it tt 1,511 3,954 Winona Waco tt 3,148 4,356 Mont, Billings Wichita Falls it 3,006 Helena 390 Dickinson N. D. DISTRICT NO. 12 - SAN FRANCISCO tt Fargo 12,143 5,831 Ariz. Phoenix ti 5,996 1,401 Grand Forks Bakersfield Calif. tt tt 8,138 Janestown 440 Berkeley tt tt Minot 1,287 12,450 Fresno tt Aberdeen S. D. 1,517 Long Beach 10,589 ti tt Sioux Falls 265,502 5,227 Los Angeles tt La Crosse 30,910 2,990 Wis. Oakland it tt 1,084 7,532 Superior Pasadena tt 29,276 Sacramento tt DISTRICT NO. 10 - KANSAS CITY San Bernardino '3,188 tt 3,344 Colorado Springs Colo. San Diego 19,850 tt tt 41,948 Denver 248,439 San Francisco tt ti 901 7,007 Grand Junction San Jose it tt 2,930 3,500 Pueblo Santa Barbara tt 779 6,056 Atchison Stockcon Kans. tt 2,756 4,745 Hutchinson Idaho Boise tt 3 >843 875 Independence Ilev. Reno it 4,778 2,689 Ore. Kansas City Eugene tt tt 43,520 1,051 Lawrence Portland tt ti 1,128 4,097 Pittsburg Salem tt 4.034 4,855 Utah Topeka Ogden tt ti Salt Lake City 19,558 13,736 Wichita Wash. Joplin Mo. Bellingham 2,527 1,925 tt tt 89,568 Everett Kansas City 2,669 tt it St. Joseph Seattle 7,992 66,585 tt 696 Fremont Neb. Spokane 13,841 tt tt Lincoln 7,472 Tacoma 11,664 ti tt 1,678 0 moh.a 38,758 Walla Walla tt Albuquerque N. M„ Yakima 4,788 4,017 Bartlesville Okla. 8,167 ii Enid 2,902 n Guthrie 450 Note? Bank debits not previously reported for week ended December 11,1940: Newnan, Gac, 675 (to be substituted for estimated figure 800).