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Form F. E. 285

STATEMENT FOR: THE PRESS

For immediate release

3ANK DEBITS

Board of Governors
of the Federal Reserve System
Decenber 30 , 1940

Debits to deposit accounts (except interbank accounts), as reported by
banks in leading cities for the week ended December 25? aggregated $9,971,000,000.
Total debits during the 13 weeks ended December 25 amounted to $121,323,000,000,
or 8 percent above the total reported for the corresponding period a year ago.
At banks in New York City there was an increase of 8 percent compared with the
corresponding period a year ago, and at the other reporting centers there was an
increase of 9 percent.

Federal
Reserve
District

SUMMARY BY FEDERAL RESERVE DISTRICTS
_____ (in millions of dollars)
Week ended
13 weeks ended
Decenber 2.5, Decenber 27, Decenber 25, Decenber 27,
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

586
4,490
538
840
358
289
1,283
263
156
271
223
673

493
4,178
4-67
641
299
266
1,303
253
154
263
214
619

7,239
51,243
6,374
8,466
4,667
3,762
17,570
3,749
2,198
3,568
2,965
9,522

9,971
4,167
5,031
773

9,150
3,832
4,629
689

121,323
46,990
64,182
10,151

6,512
47,683
5,774
7,632
4,203
3,456
16,009
3#521
2,195
3,560 ,
2,815
8,820
112,180
43,676
59,067
9,436

DEBITS BY BANKS IN EACH REPORTING CENTER, DURING THE WEEK ENDED DECEMBER 25, 1940
(in thousands of dollars)
DISTRICT NO. 2 - NEW YORK (Cont»d)
DISTRICT NO. 1 - BOSTON
Hartford
Conn,
N. Y.
3,665
59,547 Elmira
11
11
3,411
New Haven
18,516 Jamestown
n
11
Waterbury
8 ,602. New York
4,166,930
ti
3,152 Poughkeepsie
Bangor
3,545.
Maine
11
11
29,424
8,301 Rochester
Portland
ti
18,328
Boston
380,484 Syracuse
Mass.
11
11
6,181
4,526 Utica
Brockton
11
Fall River
5,132
11
Holyoke
DISTRICT NO. 3 - PHILADELPHIA
2,853
11
3,596 Wilmington
Del.
42,305
Lowell
11
13,078
4,801 Camden
N. J.
Lynn
11
ti
28,225
He?/ Bedford
6,029 Trenton
tt
5,978
Penna.
16,236 Allentown
Springfield
ti
n
18,086 Altoona
Worcester
2,753
ti
4,038
3:996 Chester
Manchester
N. H.
11
9,252
Providence
39,697 Harrisburg
R. I .
it
2,319
Hazleton
Vt.
2,217
Burlington
1
1
4,021
Johnstown
tt
5,925
Lancaster
DISTRICT NO. 2 - NEW YORK
tt
1,873
4,907 Lebanon
Stanford
Conn.
it
2,856
3,499 Norristown
Montclair
N. J.
tt
it
380,256
109,209 Philadelphia
Newark
tt
9,597
Reading
Northern New Jersey
1
1
10,070
44,909 Scranton
Clearing House Assn. "
11
it
5,687
8,016 Wilkes-Barre
Passaic
1
1
3,037
Williamsport
30}841
Albany
N. Y.
1
1
6,398
ti
4,917 York
Binghamton
it
Buffalo
52,443
*Centers for which bank debit figure



are available back to 1919*

Form F.R. 285-a
DEBITS BY BANKS IN EACH REPORTING CENTER, DURING THE 1EEK ENDED DECEMBER 25, 1940
(in thousands of dollars)
DISTRICT NO. 6 - ATLANTA (Cont»d)
DISTRICT NO. 4 - CLEVELAND
Ga.
1,466
Lexington
Ky.
11,225 Albany
n
65,342
Akron
Ohio
17,272 Atlanta
"
5,658
Canton
"
11,029 Augusta
”
798
Cincinnati
"
90,127 Brunswick
n
6,584
Cleveland
11
183,130 Columbus
11
358'
Columbus
"
41,695 Elberton
”
5,007
Dayton
"
18,876 Macon
”
655
Hamilton
"
2,780 Newnan
"
8,315
Lima
"
3,579 Savannah
"
1,067
Lorain
"
1,4-56 Valdosta
La.
53?6o9
Middletown
"
3,011 New Orleans
Miss.
3,213
Springfield
M
4,331 Hattiesburg
"
*5,503
Steubenville
”
2,532 Jackson
"
3?503
Toledo
"
33,099 Meridian
"
1,585
Warren
"
3,236 Vicksburg
Tenn,
12,276
Youngstown
"
12,501 Chattanooga
”
9,510
Zanesville
"
2,592 Knoxville
"
20,787
Butler
Pa.
2,415 Nashville
Erie
"
7,023
DISTRICT ID. 7 - CHICAGO
Franklin
”
9/0
it
111,
Aurora
Greensburg
2,944
1,885
ti
tt
2,640
Bloomington
Homestead
855
tt
it
3,306
Oil City
2,254 Champaign-Urbana
ti
tt
717,345
Pittsburgh
376,4-15 Chicago
it
Danville
2,365
W. Va.
Wheeling
6,23.9
11
4,703
Decatur
tt
2,106
Elgin
DISTRICT NO. 5 - RICHMOND
tt
1,897
Moline
D. C.
Washington
71,4-25
tt
13,426
Baltimore
102,030 Peoria
Md.
ti
ti
7,704
Rockford
Cumberland
2,051
ti
tt
6,009
Springfield
2,910
Hagerstown
8,129
Ind.
3,989 Fort Wayne
Asheville
N. C.
tt
tt
5,604
21,746
Gary
Charlotte
ti
tt
2,330
6,882 HamiiOnd
Durham
11
it
47,277
Indianapolis
5,779
Greensboro
tt
tt
11,684
15,023 South Bend
Raleigh
it
tt
6,203
Terre
Haute
2,752
Wilmington
ti
Iowa
6,289
Cedar
Rapids
10,152
Winstonr-Salem
ti
1,679
4,6o4 Clinton
S. C.
Charleston
11
tt
5,881
9,970 Davenport
Columbia
ti
tl
19,436
Greenville
4,971 Des Moines
11
It
2,541
Spartanburg
2,931 Dubuque
tt
2,211
Mason
City
2,358
Va.
Danville
ti
it
887
Lynahburg
.4,022 Muscatine
tt
tt
8,746
Sioux
City
Newport News
3,376
ti
tt
4,124
Nor folic
16,076 Waterloo
ti
Mich,
1,061
Adrian
Por-saouth
1,484
11
tt
Batt3.e
Creek
Ri ch-iond
3,241
39,378
it
tt
Bay
City
2,782
Roanoke
6,621
ti
Detroit
W. Va.
254,765
Charleston
13,189
tt
tt
Huntington
7,687
4,054 Flint
tt
Grand Rapids
13,797
11
J ackson
DISTRICT NO. 6 - ATLANTA
4,027
it
Kalamazoo
Birmingham
Ala.
6,599
26,265
tt
tt
Dothan
676 Lansing
6,575
ti
it
6,718
Mobile
10,770 Saginaw
tt
Wis.
3,368
Montgomery
5,812 Green Bay
tt
2,017
Jacksonville
FLa.
23,4-51 Manitowoc
it
tt
66,117
Miami
4,621 Milwaukee
ti
tt
2,410
Pensacola
2,589 Oshkosh
it
tt
4,479
9,756 Sheboygan
Tampa




Form F. R. 2S5~b
DEBITS BY BANKS IN EACH REPORTING CENTER , DURING THE WEEK ENDED DECEMBER 25,1940
(In thousands of dollars)
DISTRICT NO. 10 - KANSAS CITY (Cont*#
DISTRICT NO. 8 - ST. LOUIS
Okla.
Muskogee
2,201
El Dorado
Ark,
1,3^
tt
Oklahoma
City
20,721
Fort Smith
n
3,394
ti
Okmulgee
756
388
Helena
'*
11
31,606
Tulsa
Little Rock
n
11,424
wyo.
Casper
1,572
Pine Bluff
”
2,032
tt
Cheyenne
1,684
Texarkana
n
756
(See also Tex.)
DISTRICT NO . 11 - DALLAS
Eatt St. Louis & Nat*l
Ariz.
Tucson
2,714
111
Shock Yards
8,990
ii
Shreveport
La.
12,229
Q’
.dncy
1,913
N. M.
Roswell
Ind.
1,24-2
Evansville
8,065
Abilene
Tex.
1,906
Louisville
Ky.
43,961
it
it
Austin
6,755
Cwex)yboro
1,602
tt
Beaumont
Greenville
Miss,
6,365
1,239
it
Corsicana
Mo,
766
St0 Louis
134,900
it
n
Dallas
Sedalia
69,003
464
it
tt
El Baso
Springfield
9,717
3,344
tt
Fort
'
/
f
o
r
t
h
Tenn.
Memphis
17,316
39,507
it
Galveston
4,997
tt
Houston
DISTRICT NO. 9 - MINNEAPOLIS
60,207
ti
Port Arthur
2,660
Duluth
Minn.
10,84-1
11
i
i
San
Antonio
16,812
Minneapolis
68,684
it
ii
Texarkana
Red Wxng
362
it
(See
also
Ark.
1,280
Stc Paul
)
47,294
tt
n
Tyler
2,783
South St, Paul
5,855
t?
it
v.aco
2,922
Winona
1,168
tt
Wichita Falls
3,778
Mont,
Bi ll ings
2,43.4
ii
Helena
2,760
DISTRICT NO. 12 - SAN FRANC ISCO
N. D.
Dickinson
317
ti
Ariz*
Phoenix
9,381
4,484
Fai-go
it
Calif*
1,198
Bakersfield
Grcnd Forks
3,913
tt
ti
6,682
356
Berkeley
Jamestown
it
it
9,112
Fresno
951
J&LSO’S
tt
9,24,7
Long Beach
1,294
S. D.
Aberdeen
11
it
207,241
4,465
Los Angeles
Sious: Falls
n
24,283
2,410
0aidand
La Orosse
Wis.
11
n
5,813
882
Pasadena
Superior
it
17,168
Sacramento
tt
2,771
San Bernardino
KANSAS CITY
DISTRICT HO. 10
H
14,370
San Diego
4,707
Colo.
Colorado Springs
n
n
194,983
36,490
San Francisco
Denver
it
t
t
5,052
798
San Jose
Grand Junction
it
n
Santa Barbara
Pueblo
2,434
3,509
tt
Stockton
4,587
761
Kans.
Atchison
tt
Idaho
4,109
Boise
Hutchinson
1,997
tt
Nev.
Reno
Independence
2,573
751
ti
Ore.
2,050
Eugene
Kansas City
4,694
ti
11
37,724
Portland
830
Laxvrence
tt
it
3,781
Salem
Pittsburg
1,014
ti
Utah
Ogden
Topeka
4,165
3,441
ti
tt
Salt Lake City
11,856
Wichita
19,945
Wash.
Bellingham
Joplin
1,672
Mo,
2,388
tt
it
Everett
Kansas City
1,930
74,222
tt
tt
Seattle
51,576
St. Jcseph
6,114
tt
Neb.
Spokane
12,686
Fremont
619
11
n
Tacoma
9,958
Lincoln
7,408
it
tt
Walla Walla
1,250
Omaha
36,982
ti
Albuquerque
N» M.
Yakima
2,780
4,311
Okla.
Bartlesville
6,803
ti
Enid
2,310
ti
Guthrie
377

.

Note:

Bank debits not previously reported for week ended December 18, 19401
Jackson, Miss., 8,233 (to be substituted for estimated figure 8,000)