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Fora FR-285 For immediate release STATEMENT FOR THE PRESS BANK DEBITS Board of Governors of the Federal Reserve System February 19, 1940 Debits to individual accounts, as reported by banks in leading cities for the week ended February 14, which included only five business days in many of the reporting centers, aggregated $6,920,000,000, or 16 percent below the total reported for the preceding week and 2 percent below the total for the corresponding week of last year, which also included only five business days in many of the reporting centers. Aggregate debits for the 141 cities for which a separate total has been maintained since January 1919 amounted to $6,317,000,000, compared with $7,520,000,000 the preceding week and $6,500,000,000 the week ended February 15 of last year. SUMMARY BY FEDERAL RESERVE DISTRICTS q[n thousands of dollars) W eek ended Number Federal Feb. 7, 1 Feb. 15, Feb. 14, Reserve of centers 1940 I 1939 1940 included District 405,345 458,667 No. 1 - Boston 17 379,313 3,148,222 3,534,774 2,855,722 2 - New York 15 455,840 350,139 379,071 18 3 - Philadelphia 435,805 535,738 4 - Cleveland 460,155 25 244,864 290,320 264,491 5 - Richmond 24 241,511 .367,040 6 - Atlanta 250,969 26 929,787 1,146,877 1,005,102 7 - Chicago 41 203,682 229,222 8 - St. Louis 16 204,043 111,827 157,697 125,254 9 - Minneapolis 17 227,310 240,377 222,960 28 10 - Kansas City 185,819 202,043 183,674 18 11 - Dallas 579,682 689,277 589,076 12 - San Francisco 29 ,207,872 7,063,993 TOTAL 6,919,830 274 DEBITS BY BANKS IN EACH REPORTING CENTER In thousands of dollars)________ Hi Week ended Week ended Feb. 14, 1940 Feb. 14, 1940 DISTRICT NO. 2 - NEW YORK (Cont’d) DISTRICT NO. 1 - BOSTON Northern New Jersey 2,661 Bangor, Maine 29,980 Clearing House AssTn 229,299 Boston, Mass. 6,121 Passaic, N. J. 3,312 Brockton, Mass. 2,963 Poughkeepsie, N. Y. 2,170 Burlington, Vt. Rochester, N. Y. 23,833 ■ 4,150 Fall River, Mass. 3,121 Stamford, Conn. 40,362 Hartford, Conn. 19,764 Syracuse, N. Y. Holyoke, Mass. 2,591 7,197 Utica, N. Y. Lowell, Mass. 2,989 4,416 Lynn, Mass. STRICT NO. 3 - PHILADELPHIA Uanchestcr, N. H. 3,151 Allentown, Pa. 5,039 New Bedford, Mass. 3,729 2,096 Altoona, Pa. New Haven, Conn. 15,138 11,010 Camden, N. J. Portland, Maine 6,722 3,206 Chester, Pa. Providence, R. I. 28,107 6,9l4 Harrisburg, Pa. Springfield, Mass. 13,406 Hazleton, Pa. 2,093 Waterbury, Conn. 5,677 2,767 Johnstown, Pa. Worcester, Mass. 11,433 Lancaster, Pa. 5,125 1,319 Lebanon, Pa. STRICT NO. 2 - NEW YORK 2,066 Norristown, Pa. 35,282 Albany, N. Y. 274,682 Philadelphia, Pa. 3,948 Binghamton, N. Y. 7,351 Reading, Pa. 48,046 Buffalo, N. Y. 9,670 Scranton, Pa. 2,868 Elmira, N. Y. 21,025 Trenton, N. J. 2,496 Jamestown, N. Y. 4,507 Wilkes-Barre, Pa. 2,892 Montclair, N. J. 2,057 Williamsport, Pa. 63,277 Newark, N. J, 13,817 Wilmington, Del. 2,603,934 New York, N. Y. 4,327 York, Pa. Form FR-285-a DEBITS BY BANKS IN EACH REPORTING CENTER _______(In thousands of dollars)_______ Week ended Feb. 14, 1940 V O .V /JI__ L .C .U . V J J DISTRICT NO. 4 - CLEVELAND Akron, Ohio Butler, Pa. Canton, Ohio Cincinnati, Ohio Cleveland, Ohio Columbus, Ohio Dayton, Ohio Erie, Pa. Franklin, Pa. Greensburg, Pa. Hamilton, Ohio Homestead, Pa. Lexington, Ky. Lima, Ohio Lorain, Ohio Middletown, Ohio Oil City, Pa. Pittsburgh, Pa. Springfield, Ohio Steubenville, Ohio Toledo, Ohio Warren, Ohio Wheeling, W, Va. Youngstown, Ohio Zanesville, Ohio 12,168 1,816 7,074 67,419 111,556 35,984 14,185 5,778 60G 1,439 2,444 599 6,484 2,663 895 2,585 1,866 136,223 3,336 2,247 24,103 1,877 5,465 9,652 1,697 DISTRICT NO. 5 - RICHMOND Asheville, N. C. Baltimore, Md. Charleston, S. C. Charleston, W. Va, Charlotte, N. c. Columbia, S. C. Cumberland, Md. Danville, Va. Durham, N. C. Greensboro, N. C. Greenville, S. C. Hagerstown, Md. Huntington, W. Va, Lynchburg, Va. Newport News, Va. Norfolk, Va, Portsmouth, Va. Raleigh, N. C. Richmond, Va. Roanoke, Va. Spartanburg, S. C. Washington, D. C. Wilmington, N. C. Winston-Salem, N. C, 2,600 76,561 3,619 10,445 13,495 6,186 1,764 1,876 6,341 4,623 4,744 1,586 3,413 2,767 2,556 9,852 974 7,255 30,730 5,098 2,273 54,851 2,218 8,664 DISTRICT NO. 6 - ATLANTA Albany, Ga. Atlanta, Ga. Augusta, Ofa. Birmingham, Ala, Brunswick, Ga. Chattanooga, Tenn, Columbus, Ga, Dothan, Ala, 890 44,969 2,546 26,112 604 10,126 3,832 625 Week ended Feb. 14, 1940 DISTRICT NO, 6 - ATLANTA (Cont»d) Elberton, Ga, 2.58 Hattiesburg, Miss. 1,105 Jackson, Miss. 5,996 Jacksonville, Fla, 19,072 Knoxville, Tenn, 7,530 Macon, Ga. 3,746 Meridian, Miss. 2,533 Miami, Fla, 16,748 Mobile, Ala. 9,249 Montgomery, Ala, 5,089 Nashville, Tenn, 15,871 Newnan, Ga. 456 New Orleans, La, 55,069 Pensacola, Fla, 2,169 Savannah, Ga, 5,834 Tampa, Fla, 7,494 Valdosta, Ga. 873 Vicksburg, Hiss. 2,173 DISTRICT NO. 7 - CHICAGO Adrian, Mich. Aurora, 111. Battle Creek, Hich. Bay City, Mich, Bloomington, 111. Cedar Rapids, Iowa Champaign-Urbana, 111, Chicago, 111. Clinton, Iov/a Danville, 111. Davenport ,Iov;a Decatur, 111, Des Moines, Iov/a Detroit, Mich. Dubuque, Iowa Elgin, 111. Flint, Mich. Fort Wayne, Ind. Gary, Ind, Grand Rapids, Mich. Green Bay, Wis. Hammond, Ind. Indianapolis, Ind. Jackson, Mich. Kalamazoo, Mich. Lansing, Mich. Manitowoc, Wis. Mason City, Iowa Milwaukee, Wis, Moline, 111, Muscatine, Iov/a Oshkosh, Wis, Peoria, 111. Rockford, 111. Saginaw, Mich. Sheboygan, Wis. Sioux City, Iowa South Bend, Ind. Springfield, 111. Terre Haute, Ind. Waterloo, Iov/a 774 2,108 2,651 1,969 2,732 4,500 3,025 555,692 1,126 2,214 3,986 3,968 19,006 193,657 1,870 1,671 5,488 6,456 4,509 11,783 2,882 1,600 40,056 3,131 4,457 4,465 1,433 2,008 57,256 1,776 739 2,047 12,581 5,333 4,144 3,257 7,471 7,493 5,252 5,018 3,518 Form FE—285-b DEBITS BY BANKS IN EACH REPORTING CENTER [in thousands of dollars) Week ended Feb. 14, 1940 DISTRICT NO. 8 - ST. LOUIS East St. Louis & Nat’l Stock Yards, 111. 6,963 EL Dorado, Ark. 1,181 Evansville, Ind. 6,692 Fort Smith, Ark. 2,485 Greenville, Miss. 1,044 Helena, Ark. 387 Little Rock, Ark. 7,705 Louisville, Ky, 33,322 Memphis, Tenn. 27,187 Ovrensboro, Ky, 1,542 Pine Bluff, Ark. 1,275 Quincy, 111. 1,666 St. Louis, Mo, 108,000 Sedalia, Mo. 531 Springfield, Mo, s 3,492 Texarkana,Ark.(See also Tex.) 571 DISTRICT NO. 9 - MINNEAPOLIS Aberdeen, S. D. Billings, Mont. Dickinson, N. D. Duluth, Minn. Fargo, N. D. Grand Forks, N. D. Helena, Mont. Jamestown, N. D. La Crosse, Wis. Minneapolis, Minn. Minot, N. D. Red Wing, Minn. St. Paul, Minn. Sioux Falls, S. D. South St. Paul, Minn. Superior, Wis. Winona, Minn. DISTRICT NO. 10 - KANSAS CITY Albuquerque, N. M. Atchison, Kans. Bartlesville, Okla. Casper, Wyo. Cheyenne, Wyo, Colorado Springs, Colo. Denver, Colo. Enid, Okla. Fremont, Neb. Grand Junction, Colo. Guthrie, Okla. Hutchinson, Kans. Independence, Kans. Joplin, Mo. Kansas City, Kans. Kansas City, Mo. Lawrence, Kans. Lincoln, Neb. Muskogee, Okla. Oklahoma City, Okla. Okmulgee, Okla. 910 1,859 243 7,533 4,405 955 1,755 408 1,838 61,922 717 341 31,339 3,733 4,952 886 1,458 3,356 642 5,121 1,342 1,369 2,261 28,529 2,477 514 823 343 2,196 469 1,951 3,036 59,095 705 6,252 1,407 21,116 514 YJeek ended Feb. 14, 1940 DISTRICT NO. 10 - KANSAS CITY (Cont*d) Omaha, Neb. 27,037 Pittsburg, Kans. 903 2,824 Pueblo, Colo. 5,358 St. Joseph, Mo. 4,660 Topeka, Kans. Tulsa, Okla, 29,535 Wichita, Kans. 9,125 DISTRICT NO. 11 - DALLAS Abilene, Tex. Austin, Tex. Beaumont, Tex. Corsicana, Tex. Dallas, Tex. El Paso, Tex. Fort Worth, Tex. Galveston, Tex. Houston, Tex, Port Arthur, Tex. Roswell, N. M, San Antonio, Tex. Shreveport, La. Texarkana, Tex. (See also Ark.) Tucson, Ariz. Tyler, Tex. Waco, Tex. Wichita Falls, Tex. 1,856 7,010 4,372 643 52,767 6,005 15,311 10,06446,510 1,775 849 14,942 8,915 1,070 2,175 2,301 2,907 3,202 DISTRICT NO. 12 - SAIT FRANCISCO Bakersfield, Calif. 3,829 Bellingham, Wash. 1,365 Berkeley, Calif. 4,839 3,620 Boise, Idaho Eugene, Ore. 1,731 Everett, Wash. 2,020 6,676 Fresno, Calif. Long Beach, Calif. 7,878 188,318 Los Angeles, Calif. Oakland, Calif. 19,409 Ogden, Utah 2,490 Pasadena, Calif. 5,760 7,660 Phoenix, Ariz. Portland, Ore. 32,671 Reno, Nev. 2,270 Sacramento, Calif. 32,351 Salem, Ore. 2,635 Salt Lake City, Utah 12,8LS San Bernardino, Calif, 2,535 San Diego, Calif. ll,46o San Francisco, Calif* 160,077 San Jose, Calif. 4,435 Santa Barbara, Calif, 2,108 Seattle, Wash. 46,062 Spokane, Wash. 9,299 Stockton, Calif. 3,560 Tacoma, Wash. 7,557 Walla Walla, Wash. 1,583 Yakima, Wash. 2,005 =
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