Full text of G.6 Bank Debits and Deposit Turnover : March 3, 1941
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form F. R. 285 S M 9 M T FOR THE PRESS For TffiTnediate release BANK DEBITS Board of Governors of the Federal Reserve System March 3? 1941 Debits to deposit accounts (except interbank accounts^ as reported by omks in leading cities for the week ended February 26, aggregated $8,785,000,000. Total debits during the 13 weeks ended February 26, amounted to $124,891,000,000* or 10 percent above the total reported for the corresponding period a year ago. At bonks in New York City there was an increase of 7 percent compared with the corresponding period a year ago, and at the other reporting centers there was an increase of 13 percent. SUMMARY BY FEDERAL RESERVE DISTRICTS Week ended February 26, February 28, 1940 1941 , Federal Reserve District Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis I.linneapolis Kansas City Dallas San Francisco Total, 274 reporting centers Hew York City* 140 Other leading centers* 133 Other centers_________ 13 weeks ended February 26 , February 28, 1940 1941 477 3,744 436 598 327 284 1,307 259 137 259 222 734 398 2,937 371 474 264 245 1,132 220 134 239 187 642 7,224 51,954 6,674 8,974 4,847 4,043 18,301 3,815 2,094 3,705 3,178 10,082 6,174 48,590 6,078 7,456 4,061 3,557 16,694 3,333 2,043 3,469 2,837 8,911 8,785 3,444 4,631 710 7,243 2,673 3,983 587 124^891 47,626 66,880 109385_ 113,204 44,533 59,489 9,182 DEBITS BY BANKS IH EACH REPORTING CENTER, DURING THE WEEK ENDED FEBRUARY 26 , 1941 (in thousands of dollars) DISTRICT NO. 2. - NEW YORK (Cont'd) DISTRICT NO. 1 - BOSTON 3,424 Conn, Hartford 49,599 Elmira tt 3,102 n Jamestown New Haven 18,363 it tt 3,443,959 Waterbury 7,375 New York tt 4,070 Poughkeepsie Maine Bangor 3,293 tt 28,406 tt 7,601 Rochester Portland tt 22,800 300,184 Syracuse Mass. Boston tt tt 8,424 3,106 Utica Brockton tt 4,666 Fall River ti DISTRICT NO. 3 - PHILADELPHIA 2,704 Holyoke Del, 24,392 tt 3,368 Wilmington Lowell 1 1 12,928 N. J. 4,298 Camden Lynn tt tt 14,805 4,678 Trenton New Bedford tt Penna. 5,597 Springfield 14,373 Allentown tt tt 2,571 14,207 Altoona Worcester ti 3,745 Chester 3,517 Uanchester N. H. tt 9,168 33,213 Harrisburg Providence R. I. it 2,124 2,155 Hazleton Vt. Burlington ti 3,367 Johnstown tt 5,222 Lancaster DISTRICT NO. 2 - NEW YORK tt 1,637 4,719 Lebanon Conn. Stamford tt 2,422 Norristown 3,251 Montclair H. J. tt 315,481 tt 76,488 Philadelphia Ne\7ark tt 9,202 Reading Northern New Jersey tt 9,674 35,458 Scranton Clearing House Assn. tt 5,647 Wilkes-Barre 7,513 Passaic ” tt 2,590 Williamsport 41,681 Albany N. Y* tt 5,390 5,000 York Binghamton M 55,708 Buffalo " *Centers for nhich bank debit figures are available back to 1919. Fora F. R. 285~a DEBITS BY BANKS IN EACH REPORTING CENTER, DURING THE WEEK ENDED FEBRUARY 26,1941 (In thousands of dollars) DISTRICT NO. 6 - ATLANTA (Cont*d) DISTRICT NO. 4 - CLEVELAND 1,278 Ga. Albany Ky. 4,325 Lexington tt 61,279 Atlanta 15,530 Ohio Akron tt 5,357 n Augusta 10,636 Canton tt 603 Brunswick n 85,278 Cincinnati tt 5,519 it Columbus 145,550 Cleveland tt 264 it Elberton 34,404 Colunbus tt 6,106 it Macon 16,710 Dayton tt 415 it Newnan 2,723 Hamilton tt 7,276 Savannah ti 3,335 Lina tt 916 Valdosta it 1,201 Lorain 49,490 La** n New Orleans 2,602 Middletown 2,116 Hiss. Hattiesburg ti 4,280 Springfield tt 4,899 ti Jackson 2,047 Steubenville tt 3,122 it Meridian 36,803 Toledo tt 1,348 n Vicksburg 2,989 Warren 9,966 Tenn. Chattanooga n 12,340 Youngstown tt 8,245 Knoxville ii 2,007 Zanesville tt 20,598 Nashville 2,158 Pa. Butler n 7,323 Erie ii DISTRICT NO. 7 - CHICAGO 686 Franlclin 2,976 111. it Aurora 1,631 Greensburg tt 2,754 Bloomington n 818 Homestead tt C h a m p a ig n -U r b a n a n 3,383 2,030 Oil City tt 691,015 i i Chicago 192,063 Pittsburgh tt 2,461 Danville 5,825 Va. Wheeling tt 4,664 Decatur tt I,830 Elgin DISTRICT NO. 5 - RICHMOND tt 1,774 Moline 61,486 D,. C. Washington tt 14,855 Peoria 92,103 Md. Baltimore tt 7,483 Rockford n 1,684 Cumberland tt 5,741 Springfield ti 2,434 Hagerstown 7,238 Ind. Fort Wayne 3,228 N. C. Asheville tt 4,901 it Gary 21,513 Charlotte tt 2,264 Hammond 6.347 Durham tt 48,422 Indianapolis 5,408 Greensboro tt II,881 South Bend ti 11,200 Raleigh tt 5,447 Terre Haute it 3,167 Wilmington Iowa 6,793 Cedar Rapids ii 8,665 Winston-Salem tt 1,316 5,358 Clinton s. C. Charleston tt 7,479 n Davenport 7,493 Columbia tt 20,496 ii Des Moines 4,870 Greenville tt 2,245 Dubuque n 3,838 Spartanburg » 2,273 Mason City 2,003 Va. Danville tt 730 it Muscatine 3.348 Lynchburg tt 8,658 Sioux City n 3,473 Newport News tt Waterloo n 3,933 15,704 Norfolk 1,086 Mich. n Adrian 1,433 Portsmouth tt 2,887 Battle Creek i t 38,105 Richmond tt 2,744 n Bay City 6,660 Roanoke tt 311,592 Detroit 13,578 W. Va. Charleston tt 7,288 11 Flint 3,732 Huntington tt 13,404 Grand Rapids tt 3,625 Jackson DISTRICT 130. 6 - ATLANTA tt 5,884 Kalamazoo 24,000 Ala. Birmingham tt 5,599 it Lansing 718 Dothan tt 1 1 Saginaw 5,593 9,357 Mobile 3,482 Wis. it Green Bay 5,087 Montgomery tt 1,475 Manitowoc Fla. Jacksonville 25,493 tt 63,004 Milwaukee tt 19,057 Miami tt 2,213 Oshkosh ti 2,618 Pensacola tt Sheboygan 3,843 1 1 8,878 Tampa Fora F. R. 285-b DEBITS BY BANKS IH EACH REPORTING CENTER , DURING THE WEEK ENDED FEBRUARY 26, 1941 (in thousands of dollars) DISTRICT MO. 8 - ST. LOUIS Ark* El Dorado !! Fort Smith II Helena II Little Rock II Pine Bluff tt Texarkana (See also Tex.) East St. Louis & Nat»l Stock Yards 111. it Quincy Ind. Evansville Ky. Louisville it Owensboro Greenville Miss. Mo. St, Louis it Sedalia « Springfield Tenn, Memphis 1,442 2,741 305 9,629 1,771 673 9,461 2,103 8,777 48,869 1,359 1,218 130,700 476 3,539 36 ,238 DISTRICT NO. 9 - MINNEAPOLIS Minn. 7,761 Duluth " 67,408 Minneapolis " 438 Red Wing » 33,199 St, Paul n South St, Paul 6,273 11 1,145 Winona 3,158 Mont, Billings n 1,998 Helena 246 N. D. Dickinson n 4,491 Fargo »i 1,036 Grand Forks n 412 Jamestown 1 1 780 Minot 1,072, S. D. Aberdeen 1 1 4,893 Sioux Falls Wis, 2,291 •La Crosse ii 879 Superior DISTRICT MO. 10 - KANSAS CITY 2,778 Colo, Colorado Springs ii 36,210 Denver « Grand Junction 711 n Pueblo 3,345 Kans. Atchison 629 11 Hutchinson 2,363 11 Independence 636 ti Kansas City 3,510 ti Lawrence 631 11 Pittsburg 985 ti Topeka 4,565 it Wichita 13,661 Mo. Joplin 1,973 n Kansas City 67,339 11 St, Joseph 6,327 Neb. Fremont 587 « Lincoln 5,972 11 Omaha 35,905 N. M. Albuquerque 4,359 Okla, Bartlesville 7,714 11 Enid 2,057 it Guthrie 291 DISTRICT HO. 10 - KANSAS CITY (Cont’d 2,001 Okla. Muskogee n 23,932 Oklahoma City « 668 Okmulgee n 26,917 Tulsa 1,396 Wyo, Casper ti 1,974 Cheyenne DISTRICT NO. 11 Tucson Shreveport Roswell Abilene Austin Beaumont Corgi cfuia Dallas El Paso Fort Worth Galveston Houston Port Arthur San Antonio Texarkana (See also Ark,) Tyler Waco Wichita Falls - DALLAS Ariz. La, N. M, Tex, 11 tt 11 11 tt it 11 tt ti 2,975 10,251 1,048 3,813 5,773 7,234 717 60,740 11,836 19,472 4,714 62,236 2,421 18,347 tt 11 ti it 1,150 2,472 3,035 3,846 DISTRICT NO. 12 - SAN FRANCISCO Ariz. 10,453 Phoenix 3,876 Calif. Bakersfield it 5,157 Berkeley n 7,197 Fresno n 9,528 Long Beach it 218,396 Los Angeles n 27,860 Oakland ti 6,446 Pasadena 11 Sacramento 33,210 11 San Bernardino 3,102 11 19,181 San Diego 11 San Francisco 225,423 n San Jose 4,636 11 Santa Barbara 2,412 11 Stockton 3,769 Idaho Boise 3,688 Nev. Reno 2,641 Ore Eugene 2,019 11 Portland 39,235 n Salem 4,070 Utah Ogden 7,591 11 Salt Lake City 15,060 Wash. Bellingham 1,587 it Everett 2,266 11 Seattle 50,740 11 Spokane 10,586 n Tacoma 10,148 it Walla Walla 1,236 ti Yakima 2,400