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Form FR—285

STATEMENT FOR THE PRESS

For immediate release

BANK DEBITS

Board of Governors
of the Federal Reserve System
February 26, 1940

Debits to individual accounts, as reported by banks in leading cities for
the week ended February 21, aggregated $8,310,000,000, or 20 percent above the total.,
reported for the preceding vieel:, which included only five business days in many of
the reporting centers, and 28 percent above the total for the corresponding week
of last year, which included only five business days.
Aggregate debits for the 141 cities for which a separate total has been
maintained since January 1919 amounted to $7,607,000,000, compared with
$6,317,000,000 the preceding week and $5,936,000,000 the week ended February 22,
of last year.
SUMLIARI BY FEDERAL RESERVE DISTRICTS
fin thousands of dollars)
1f e e k e n d e c
Number
Feb. 14,
Feb. 21,
of centers
1940
1940
included

Federal
Reserve
District
No. 1 23 4 ~
5 6 7 8 9 10 11 12 -

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

16

1,264,349
254,023

17
28
18
29

152,837
279,072
235,841
716,450

272

8,309,516

6,907,493

18
25
23
25
41

TOTAL

442,421
3,384,900
430,011
585,713

379,313
2,855,722
379,071
460,155
258,150
244,973
1,005,102
204,043
125,254
222,960
183,674
589,076

17
15

302,238
26l,66l

.... .
Feb. 22,
1939
353,808
2,885,338
335,449
398,539
220,432
193,102
849,145
198,232
110,937
210,197
184,466
532,695
6,472,340

DEBITS BY BARKS IN EACH REPORTING CENTER
Week ended
Feb. 21, 1940
DISTRICT NO. 1 - BOSTON
Bangor, Maine
Boston, Mass.
Brockton, Mass.
Burlington, Vt.
Fall River, Mass.
Hartford, Com.
Holyoke, Mass.
Lowell, Mass.
Lynn, Mass.
Manchester, N. H,
New Bedford, Mass.
Hew Kaven, Conn.
Portland, Maine
Providence, R. I.
Springfield, Mass.
Waterbury, Conn.
Worcester, Mass.
DISTRICT NO. 2 - NEW YORK
Albany, N. Y,
Binghamton, N. Y.
Buffalo, N. Y.
Elmira, N. Y.
Jamestown, N. Y«
Montclair, N. J.
Newark, N, J,
New York, N. Y.



3,371
272,721
3,919
2,268
4,334
45,723
2,993
3,225
4,314
3,373
4,299
18,177
8,452
29,154
15,221
7,397
13,480

34,235
5,522
61,752
3,596
3,303
3,647
75,980
3,084,366

Week ended
Feb. 21, 1940
DISTRICT NO. 2 - NEW YORK (Cont»d)
Northern New Jersey
Clearing House Ass’n
36,811
7,420
Passaic, N. J.
Poughkeepsie, N. Y.
4,704
Rochester, N. Y.
29,824
Stamford,Conn.
4,341
21,581
Syracuse, N. Y.
7,818
Utica, 13. Y.
DISTRICT NO. 3 - PHILADELPHIA
Allentown, Pa.
Altoona, Pa.
Camden, N. J.
Chester, Pa.
Harrisburg, Pa.
Hazleton, Pa.
Johnstown, Pa,
Lancaster, Pa.
Lebanon, Pa.
Norristown, Pa.
Philadelphia, Pa.
Reading, Pa.
Scranton, Pa.
Trenton,N. J.
Wilkes-Barre, Pa.
Williamsport, Pa.
Wilmington, Del.
York, Pa.

6,046
2,544
13,027
3,503
8,682

2,383
4,244
5,391
1,758
2,234
302,626
9,047
11,560
20,847
5,243
2,787
22,485
5,604

Form FR-285-a
DEBITS BX BANKS IN EACH REPORTING CENTER
[in thousands of dollars)
Week ended
Week ended
Feb.
21, 1940
Feb. 21, 1940
DISTRICT NO. 6 - ATLANTA (Cont»d)
DISTRICT 130. 4 - CLEVELAND
17,190
Elberton, Ga.
225
Akron, Ohio
Butler, Pa.
Hattiesburg, Miss.
2,414
1,169
Jackson, Miss.
Canton, Ohio
9,545
Jacksonville, Fla.
82,456
Cincinnati, Ohio
17,739
Cleveland, Ohio
Knoxville, Tenn.
7,940
147,523
43,380
Columbus, Ohio
Macon, Ga.
4,019
Meridian, Miss,
16,206
Dayton, Ohio
2,915
Miami, Fla.
19,001
Erie, Pa.
6,940
Mobile,Ala.
856
9,784
Franklin, Pa«
Montgomery, Ala,
Greensburg, Pa.
1,754
5,543
Nashville, Tenn,
21,863
Hamilton, Ohio
2,560
Newnan, Ga.
477
861
Homestead, Pa.
New Orleans, La.
Lexington, Ky.
5,529
51,703
2,210
Pensacola, Fla.
Lima, Ohio
3,800
6,196
Savannah,
Ga.
Lorain, Ohio
1,637
8,622
Tampa, Fla.
Middletown, Ohio
2,621
Valdosta,
Ga.
692
Oil City, Pa.
3,113
Vicksburg,
Miss,
1,902
178,328
Pittsburgh, Pa.
Springfield, Ohio
4,341
DISTRICT NO. 7 - CHICAGO
2,222
Steubenville, Ohio
Adrian, Mich.
1,045
Toledo, Ohio
29,637
Aurora, 111.
Warren, Ohio
3,023
2,490
Battle Greek, Mich.
3,381
5,976
Wheeling, W. Va,
2,806
Bay City, Mich.
12,116
Youngstown, Ohio
2,838
2,218
Bloomington,
111.
Zanesville, Ohio
6,061
Cedar Rapids, Iowa
Champaign-Urbana,
111.
3,579
DISTRICT NO. 5 - RICHMOND
72.3,443
Chicago, 111.
3,047
Asheville, N. C.
89,086'
Clinton, Iowa
Baltimore, Md.
1,413
2,340
5,061
Danville,111.
Charleston, S. C.
5,738
Davenport,
Iowa
10,957
Charleston, W. Va.
Decatur, 111.
4,499
Charlotte, H. C.
16,649
20,596
Des Moines, Iowa
Columbia, S. C.
6,675
Detroit, Mich.
232,484
1,783
Cumberland, Md.
2,180
Dubuque,
Iowa
Danville, Va.
1,945
1,872
Elgin,
111.
Durham, N. C.
Flint,
Mich,
7,491
Greensboro, N. C.
4,684
5,140
Fort
Wayne,
Ind.
7,917
Greenville, S. C.
3,996
Gary, Ind.
Hagerstown, Md.
1,913
Grand
Rapids,
Mich.
15,205
Huntington, W. Va.
3,940
3,668
Green Bay, Wis.
Lynchburg, Va.
3,751 -'J
Hammond, Ind,
2,288
Newport News, Va.
3,033
Indianapolis, Ind.
45,712
Norfolk, Va.
11,329
4,178
Jackson, Mich,
Portsmouth, Va.
997
4,703
Kalamazoo, Mich.
Raleigh, N. C.
8,270
Lansing, Mich.
6,950
Richmond, Va.
38,504
1,896
Manitowoc, Wis.
7,168
Roanoke, Va.
Mason City, Iowa
2,412
Spartanburg, S.C.
2,372
Milwaukee, Wis.
69,956
64,058
Washington, D. C.
Moline, 111.
2,165
Wilmington, N. C.
2,505
Muscatine, Iowa
805
Winston-Salem, N. C.
9,371
Oshkosh, Wis*
2,309
14,161
Peoria, 111.
.DISTRICT NO. 6 - ATLANTA
6,120
Rockford, 111.
961
Albany, Ga.
6,488
Saginaw, Mich.
56,910
Atlanta, Ga.
Sheboygan, Wis.
3,535
4,974
Augusta, Ga.
8,730
Sioux City, Iowa
21,620
Birmingham, Ala.
10,555
South Bend, Ind.
715
BrunsxTick, Ga.
5,814
Springfield, 111.
9,965
Chattanooga, Tenn.
5,802
Terre Haute, Ind.
Columbus, Ga.
3,943'
Waterloo, Iowa
4,195
Dothan, Ala.
573 1



Form ]pt~285-b
DEBITS BY BANKS IN EACH REPORTING CENTER
________________________ (In thousands of dollars)_______
Week ended
Week ended
Feb.
21, 1940
Feb. 21, 1940
DISTRICT NO. 10 - KANSAS CITY (Cont’d)
DISTRICT NO. 8 - ST. LOUIS
Omaha, Neb,
33,137
East St. Louis & Nat’l
Pittsburg, Kans,
1,005
Stock Yards, 111.
7,653
Pueblo, Colo,
3,043
El Dorado, Ark.'
1,234
St. Joseph, Mo,
5,972
Evansville, Ind.
8,236
4,786
Topeka, Kans.
Fort Smith, Ark.
2,894
Tulsa, Okla.
44,041
Greenville,Mis s.
1,322
9,266
Wichita, Kans.
Helena, Ark.
427
Little Rock, Ark,
8,316
DISTRICT NO. 11 - DALLAS
Louisville, Ky.
35,026
Abilene, Tex.
1,954
Memphis, Tenn.
33,691
Austin, Tex.
8,346
Owensboro,Ky.
2,015
Beaumont, Tex.
7,508
Pine Bluff, Ark.
1,689
Corsicana,
Tex.
1,174
Quincy, 111.
2,254
Dallas,
Tex.
68,320
St. Louis, to*
144,300
El Paso, Tex.
7,838
Sedalia, Mo.
757
Fort
Worth,
Tex.
Springfield, Mo.
19,775
v 3,337
Galveston, Tex.
7,070
Texarkana,Ark.(See also Tex.)
872
Houston, Tex,
63,974
Port Arthur, Tex.
DISTRICT NO. 9 - MINNEAPOLIS
2,245
Roswell,
N. M*
Aberdeen, S. D.
931
1,217
San Antonio, Tex.
18,240
Billings, Mont.
2,275
Shreveport, La.
11,951
Dickinson,N. D.
412
Texarkana, Tex.
Duluth, Minn.
8,596
(See also Ark,)
930
Fargo, N. D.
4,946
Tucson,
Ariz,
3,454
Grand Forks, N . D.
1,273
Tyler, Tex.
2,987
Helena, Mont.
1,929
4,061
Waco,
Tex.
Jamestown, N. D.
4o4
Wichita Falls, Tex.
5,083
La Crosse, Wis.
2,359 |
Minneapolis, Minn*
79,784
DISTRICT NO. 12 - SAN FRANCISCO
Minot, N. D.
827
Bakersfield, Calif,
4,875
4o4
Red Wing, Minn*
Bellingham, Wash.
36,906
1,764
St. Paul, Minn*
Berkeley, Calif.
6,734
4,214
Sioux Falls, S. D.
Boise, Idaho
4,224
4,998
South St. Paul, Minn*
Eugene, Ore.
1,604
Superior, Wis.
937
Everett, Wash.
1,356 .
2,219
Winona, Minn.
Fresno, Calif.
8,279
Long Beach, Calif.
DISTRICT NO. 10 - KANSAS CITY
6,535
Los Angeles, Calif*
221,982
Albuquerque, N. M.
3,514
Oakland, Calif.
Atchison, Kans.
721
25,255
Ogden, Utah
3,480
Bartlesville, Okla*
7,690
Pasadena, Calif.
7,648
Casper, Wyo.
1,656
Phoenix, Ariz*
Cheyenne, Wyo.
12,017
1,793
Portland, Ore.
Colorado Springs, Colo.
36,727
2,615
Reno, Nev.
2,526
Denver, Colo.
37,686
Sacramento, Calif.
39,026
Enid, Okla0
2,256
Salem, Ore,
Fremont, Neb.
698
2,991
Salt
Lake City, Utah
16,476
Grand Junction, Colo.
826
San Bernardino, Calif.
Guthrie, Okla.
2,802
379
San Diego, Calif,
12,340
Hutchinson, Kans*
3,130
San Francisco, Calif,
Independence, Kans*
210,180
646
San Jose, Calif*
5,.278
Joplin, Mo.
2,361
Santa Barbara, Calif,
Kansas City, Kans.
3,906
2,899
Seattle, Wash,
Kansas City, Mo,
48,829
74,225
Spokane, Wash.
Lawrence, Kans,
12,291
843
Stockton, Calif*
Lincoln, Neb.
4,485
6,480
Tacoma, Wash.
Muskogee, Okla.
1,530
9,153
Walla Walla, Wash.
Oklahoma City, Okla*
24,262
1,493
Yakima,Wash,
Okmulgee, Okla,
2,338
605