Full text of G.6 Bank Debits and Deposit Turnover : March 4, 1940

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

Form FR-285
For immediate release

STATEMENT FOR THE PRESS
BANK DEBITS

Board of Governors
of the Federal Reserve System
March 4, 1940

Debits to individual accounts, as reported by banks in leading cities for
the week ended February 28, which included only five business days, aggregated
$7,24-2,000,000, or 13 percent below the total reported for the preceding week and
17 percent below the total for the corresponding week of last year.
Aggregate debits for the l4l cities for which a separate total has been
maintained since January 1919 amounted to $6,656,000,000, conpared with
$7,61.3,000,000 the preceding week and $8,049,000,000 the v e l ended March 1 of
rec
last year.
SUMMARY BY FEDERAL RESERVE DISTRICTS
(in thousands of dollars)
Week
ended
Number
Federal
Mar, 1,
Feb. 21,
Feb. 28,
of centers
Reserve
1939
1940
included
1940
District
487,454
442,421
398,107
17
No, 1 - Boston
3,887,281
3,384,900
2,937,3.19
2 - New York
15
452,528
430,011
370,834
18
3 - Philadelphia
530,148
585,713
474,007
25
4 - Cleveland
305,356
309,059
264,016
24
5 - Richmond
259,975
266,589
243,453
25
6 - Atlanta
1,204,492
1,264,349
1,131,998
41
7 - Chicago
244,074
260,469
219,638
16
8 - St. Louis
146,790
152,837
134,290
17
9 - Minneapolis
263,020
279,072
239,421
28
10 - Kansas City
209,587
235,841
18
187,169
11 - Dallas
736,461
716,450
642,124
29
12 - San Francisco
8,727,166
8,327,711
7,242,176
TOTAL
273
DEBITS BY BANKS IN EACH REPORTING CENTER
(In thousands of dollars)________
Week ended
Week ended
Feb. 28, 1940
Feb. 28, 1940
DISTRICT NO. 2 - NEW YORK (Cont’
d)
DISTRICT NO. 1 - BOSTON
Northern New Jersey
Bangor, Maine
2,981
Clearing House Ass'n
29,489
Boston, Mass.
251,522
Passaic, N. J.
.6,059
Brockton, Mass.
3,011
Poughkeepsie, N. Y,
2,646
Burlington, Vt.
2,002
Rochester, N. Y.
24,057
Fall River, Mass,
3,466
Stamford,Conn,
3,576
Hartford, Conn.
4l,745
Syracuse, N. Y,
17,497
Holyoke, Mass.
2,216
Utica, N. Y,
5,674
Lowell, Mas s.
2,667
Lynn, Mass.
3,660
DISTRICT NO, 3 -PHILADELPHIA
Manchester, N. H.
4,135
Allentown, Pa,
«4,807
New Bedford, Mass.
3,217
Altoorui, Pa.
2,025
New Haven, Conn.
13,907
Camden, N. J.
10,131
Portland, Maine
6,428
Chester, Pa.
2,574
Providence, R. I,
27,168
Harrisburg, Pa,
7,676
Springfield, Mass,
12,633
Hazleton, Pa,
2,197Waterbury, Conn,
5,923
Johnstown, Pa.
3,082
Worcester, Mass.
11,426
Lancaster, Pa,
4,652
Lebanon, Pa.
1,278
DISTRICT NO, 2 - NEW YORK
Norristown, Pa.
1,959
Albany, N. Y,
48,814
Philadelphia, Pa,
268,095
Binghamton, N. Y,
3,817
Reading, Fa,
7,409
Buffalo, N. Y.
49,322
Scranton, Pa.
8,972
Elmira, N. Y,
3,062
Trenton, N.J.
14,821
Jamestown, N. Y.
2,480
Wilkes-Barre, Pa.
4,309
Montclair, N. J,
3,617
Williamsport, Pa.
2,073
Newark, N. J.
64,058
Wilmington, Del,
20,127
New York, N. Y,
2,672,951
York, Pa.
4,647



Form Ht-285-a
DEBITS BY BANKS IN EACH REPORTING CENTER
(In thousands of dollars)________
Week ended
Week ended
Feb. 28, 1940
Feb. 28, 1940
DISTRICT NO. 4 - CLEVELAND
DISTRICT NO. 6 - ATLANTA (Cont»d)
Akron, Ohio
12,368
Elberton, Ga,
215
Butler, Pa,
1,881
Hattiesburg, Miss.
1,014
Canton, Ohio
7,546
Jackson, Miss,
4,891
Cincinnati, Ohio
65,413
Jacksonville, Fla.
23,435
Cleveland, Ohio
115,876
Knoxville, Tenn.
6,064
Columbus, Ohio
32,099
Macon, Ga.
3,580
Dayton, Ohio
1 3 ,.694
Meridian, Hiss.
2,382
Erie, Pa.
5,695
Miami, Fla,
16,541
Franklin, Pa.
535
Mobile, Ala,
8,874
Greensburg, Pa,
1,420
Montgomery, Ala.
8,553
Hamilton, Ohio
2,094
Nashville, Tenn.
16,808
Homestead, Pa.
558
Newnan, Ga.
329
Lexington, Ky.
4,062
New Orleans, La,
48,236
Lima, Ohio
2,838
Pensacola, Fla,
1,916
Lorain, Ohio
984
Savannah, Ga,
6,029
Middletown, Ohio
0 602
Tampa, Fla,
8,096
Oil City, Pa.
1^757
Valdosta,Ga,
891
Pittsburgh, Pa,
151,405
Vicksburg,Miss.
1,699
Springfield, Ohio
3,776
Staubenville, Ohio
2,196
DISTRICT NO. 7 - CHICAGO
Toledo, Ohio
24,920
Adrian, Mich.
952 •
Warren, Ohio
2,210
Aurora, 111 ,
2,017
Wheeling, W.Va.
5,485
Battle Creek, Mich.
2,521
Youngstown, Ohio
10,984
Bay City, Mich,
2,537
Zanesville, Ohio
1,609
Bloomington,111,
2,553
Cedar Rapids, Iowa
5,192
DISTRICT NO. 5 - RICHMOND
3,074
Champaignr-Urbana, 111 ,
Asheville,N. C,
2,630
Chicago, 111,
634,987
Baltimore, Md.
78,790
Clinton, Iowa'
1 ,203
Charleston, S. C.
3,988
Danville, 111,
2,025
Charleston, W. Va,
11,484
Davenport,
Iowa
4,602
Charlotte, N. C,
14,389
Decatur, 111,
. 3,911
Columbia, S. C.
5,545
Des Moine s,Iowa
17,579
Cumberland, Md.
1,816
Detroit, Midi,
242,836
Danville, Va.
1,550
Dubuque, Iowa
1,971
Durham, N. C.
6,758
Elgin, 111,
1,677
Greensboro, N. C.
4,016
Flint, Mich.
6,087
Fort Wayne, Ind.
5,825
Greenville, S. C.
4,097
Hagerstown, Md.
1,669
Gary, Ind.
4,214
Huntington, W. Va.
3,546
Grand Rapids, Mich.
11,792
Lynchburg, Va.
3,083
Green Bay, Wis,
3,134
Newport, News, Va.
2,506
Hammond, Ind,
1,607
Norfolk, Va.
11,497
Indianapolis, Ind,
40,958
Portsmouth, Va.
864
Jackson, Mich.
3,097
Raleigh, N. C.
8,415
Kalamazoo, Mich.
5,682
Richmond, Va.
31 690
Lansing, Mich.
4,4l6
Roanoke, Va.
5 107
Manitowoc,.Wis,
1,386
Spartanburg, S. C.
2*197
Mason City, Iowa
2,038
Washington, D, C.
48^457
Milwaukee, Wis.
55.092
Moline, 111.
1,454
Wilmington, N. C,
2 555
Muscatine, Iowa
713
.Winston«Salem, N. C,
7*367
Oshkosh, Wis,
1,743
DISTRICT NO. 6 - ATLANTA
Peoria, 111.
11,425
Albany, Ga.
Rockford,111,
5,235
Atlanta, Ga.
48,563
Saginaw, Mich,
4,060
Augusta,Ga.
4,338
Sheboygan, Wis,
3,753
Birmingham, Ala,
18,768
Sioux City, Iowa
7,294
Brunswick, Ga.
522
South Bend, Ind,
7,990
Springfield, 111,
5,074
Chattanooga, Tenn,
8,102,
Terre Haute, Ind,
4,658
Columbus,
Ga,
2,993
Dothan, Ala,
614
Waterloo, Iowa
3,634



Form FR-285-b
DEBITS BY BANKS IN EACH REPORTING CENTER
(In thousands of dollars)_______
Week ended
Week ended
Feb. 28, 1940
Feb. 28, 1940
DISTRICT NO. 8 - ST. LOUIS
DISTRICT NO. 10 - KANSAS CITY (Cont*d)
East St. Louis & Nat*l
Omaha, Neb.
31 663
Stock Yards, 111.
7,106
Pittsburg, Kans.
gyg
El Dorado, Ark.
1,021
Pueblo, Colo.
2,308
Evansville, Ind.
6 ,69 2
St. Joseph, Mo.
5,616
Fort Smith, Ark.
2,662
Topeka, Kans.
6,459
Greenville, Miss.
1,320
Tulsa, Okla,
26,106
Helena, Ark.
425
Wichita, Kans.
13,465
Little Rock, Ark.
8,528
Louisville, Ky.
33,822 DISTRICT NO. 11 - DALLAS
Memphis, Tenn.
29,316
Abilene, Tex.
1,765
Owensboro, Ky.
1,206
Austin, Tex.
6,053
Piae Bluff, Ark.
1,565
Beaumont, Tex.
4,681
Quincy ? 111.
1,530
Corsicana, Tex.
585
St. Louis, Mo.
121,100
Dallas, Tex.
54,622
Sedalia, Mo.
470
El Paso, Tex.
6,641
Springfield, Mo.
2,402
Fort Worth, Tex.
15,343
Texarkana,Ark.(See also Tex.)
473
Galveston, Tex.
5,913
Houston, Tex.
50,983
DISTRICT NO. 9 - MINNEAPOLIS
Port Arthur, Tex.
2,201
Aberdeen, S. D.
918
Roswell, N. M.
984
Billings, Mont.
1,891
San Antonio, Tex.
14,555
Dickinson,N. D.
259
Shreveport , La.
10,827
Duluth, Minn.
8,975
Texarkana ,Tex.
Fargo, N. D.
4,215
(See also Ark.)
785
Grand Forks, N. D.
1,110
Tucson,. Ariz.
2,169
Helena, Mont.
2,590
Tyler, Tex.
2,569
Jamestovm, N, D.
400
Waco, Tex.
2,921
La Crosse,Wis.
Wichita Falls, Tex.
3,572
1,655
Minneapolis, Minn.
65,853
Minot,N. D.
DISTRICT NO. 12 - SAN FRANCISCO
701
Red Wing, Minn.
Bakersfield,Calif.
3,398
318
St. Paul, Minn.
Bellingham, Wash.
1 ,279
33,378
Sioux Falls, S. D.
Berkeley,Calif.
4,085
3,812
South St. Paul, Minn.
Boise, Idaho
2,938
6,324
Superior, Wis.
Eugene, Ore.
1,699
801
Yifinona, Minn.
Everett, Wash.
1,960
1,090
Fresno, Calif.
6,551
DISTRICT NO. 10 - KANSAS CITY
Long Beach, Calif.
8,229
Albuquerque, N. M.
3,222
Los Angeles, Calif.
192,594
Atchison, Kans.
555
Oakland, Calif.
18,859
Bartlesville, Okla.
8,755
Ogden, Utah
2,561
Casper, Wyo.'
1,057
Pasadena,Calif.
5,680
Cheyenne,
Wyo.
1,310
Phoenix, Ariz.
9,486
Colorado Springs, Colo.
3,393
Portland, Ore.
32,790
Denver, Colo.
31,411
Reno, Nev.
2,065
Enid, Okla.
2,04l
Sacramentoj Calif.
65,668
Fremont, Ueb.
489
Salem, Ore,
2,777
Grand Junction, Colo.
753
Salt 1 - k City, Utah
,je
12,971
Guthrie, Okla.
266
San Bernardino, Calif,
2,357
Hutchinson, Kans.
3,434
Sain Diego, Calif,
9,548
Independence, Kans.
538
San Francisco, Calif,
186,159
Joplin, Mo.
1,674
San Jose,Calif.
4,236
Kansas City, Kans.
3,796
Santa Barbara, Calif,
2,499
Kansas City, Mo,
61,908
Seattle, Wash,
38f
508
Lawrence, Kans.
555
Spokane, Wash,
8,958
Lincoln, Neb.
5,550
Stockton, Calif,
3,558
Muskogee, Okla.
1,695
Tacoma, Wash.
7,293
Oklahoma City, Okla.
19,822
Walla Walla, Wash.
1,255
Okmulgee, Okla.
702
Yakima, Wash,
2,163
Note:

Bank debits not previously reported for week ended Feb. 21,1940s
Durham, N. C,, 6,821; Jackson, Miss., 5,889*
Revised figures: Louisville, Ky., 41,4-72.