Full text of G.6 Bank Debits and Deposit Turnover : May 20, 1940

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Form F. R. 285
For immediate release

STATEMENT FOR THE PRESS
BANK DEBITS

Board of Governors
of the Federal Reserve System
May 20, 1940

Debits to deposit accounts (except interbank accounts), as reported by banks
in leading cities for the week ended May 15, aggregated $8,416,000,000. Total debits
during the 13 weeks ended Hay 15 amounted to $110,350,000,000, or 6 per cent above
the total reported for the corresponding period a year ago.
SUMMARY BY FEDERAL RESERVE DISTRICTS
Week ended
May 17,
May 15,
1940
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

452
3,517
433
538
300
262
1,263
249
201
273
220
708
8,416
3,217
4,493
706

436
3,604
42.3
491
291
237
1,136
240
159
279
205
661
8,163
3,340

4,161
662

13 weeks ended —
May 17,
May 15,
1940
1939
5,927
47,814
5,579
7,021
3,940
3,389
16,346
3,182
2,227
3,396
2,738
8.792
110,350

43,863
57,510
8,977

5,625
47,239
5,311
6,179
3,541
3,011
14,502
2,877
1,900
3,178
2,495
8,210
104,069
43,518
52,316
8,235

DEBITS BY BANKS IN EACH REPORTING CENTER, DURING THE WEEK ENDED MAY 15, 1940
(In thousands of dollars)
DISTRICT NO. 2 - NEW YORK (Cont»d)
DISTRICT NO. 1 - BOSTON
N. Y.
Elmira
Conn,
Hartford
48,670
3,503
ti
11
Jamestown
New Haven
3,087
16,779
tt
n
New York
Waterbury
7,119
3,216,713
.
i
t
Poughkeepsie
Bangor
Maine
3,069
3,311
1
1
IT
Rochester
27,654
Portland
7,693
tt
Syracuse
21,844
Boston
Mass,
280,932
11
tt
3,636
Utica
7,4l4
Brockton
tt
Fail River
4,277
11
DISTRICT NO. 3 - PHILADELPHIA
2,686
Holyoke
ti
16,216
Del.
Wilmington
Lowell
3,294
it
N, J.
Lynn
Camden
12,225
4,471
11
tt
24,181
Trenton
New Bedford
4,230
it
Penna.
Allentown
Springfield
15,157
6,393
11
11
Altoona
2,437
Worcester
12,685
i
t
3,681
Chester
N. H.
Manchester
3,590
tt
9,296
Harrisburg
30,636
Providence
R. I.
tt
Vt.
Hazleton
Burlington
2,832
2,633
it
3,856
Johnstown
tt
Lancaster
DISTRICT NO. 2 - NEW YORK
5,569
t
i
Conn.
Lebanon
Stamford
1,734
5,030
ti
N. J.
Norristown
Montclair
2,447
3,515
t
i
11
Philadelphia
306,654
Newark
73,131
11
Reading
Northern New Nersey
9,637
11
Scranton
Clearing House Assn.
11,929
41,196
11
it
Wilkes-Barre
5,624
Passaic
7,124
t
t
N. Y,
Williamsport
Albany
2,723
45,410
1
1
it
York
Binghamton
5,785
5,060
tt
Buffalo
53,724

^Centers for vjhich bank debit figures are available back to 1919.




Form F, R, 285**a
DEBITS BY BANKS IN EACH REPORTING CENTER, DURING THE WEEK ENDED MAY 15, 1940
(In thousands of dollars)
DISTRICT NO. 4 - CLEVELAND
Lexington
Ky.
Ohio
Akron
tt
Canton
t
t
Cincinnati
tt
Cleveland
tt
Columbus
tt
Dayton
tt
Hamilton
t
t
Lima
t
t
Lorain
t
t
Middletown
ti
Springfield
tt
Steubenville
tt
Toledo
tt
Warren
t
t
Youngstown
T
t
Zanesville
Pa.
Butler
tt
Erie
tt
Franklin
tt
Greensburg
tt
Homestead
t
t
Oil City
t
t
Pittsburgh
W. Va.
Wheeling
DISTRICT NO. 5 - RICHMOND
Washington
D. C.
Md.
Baltimore
tt
Cumberland
tt
Hagerstown
Asheville
N. C.
it
Charlotte
tt
Durham
t
t
•Greensboro
t
t
Raleigh
i
t
Wilmington
ti
Winston-Salem
Charleston
S. C.
II
Columbia
II
Greenville
It
Spartanburg
Va.
Danville
it
Lynchburg
tt
Newport Nev/s
it
Norfolk
it
Portsmouth
it
Richmond
t
t
Roanoke
W, Va,
Charle ston
ii
Huntington
•

DISTRICT NO. 6 - ATLANTA
Ala.
Birmingham
tt
Dothan
tt
Mobile
it
Montgomery
Fla.
Jacksonville
tt
Miami
tt
Pensacola
t
t
Tampa



4,971
16,052
8,982
79,3^2
14.1,161
41,617
16,095
2,712
3,219
1,581
2,514
3,984
2,552
30,686
2,506
11,255
2,275

2,310
6,676
777
1,740
910
2,345
145,396
6,137

63,213
87,800
2,085
2,054
2,935
15,767

6,600
4,893
8,305
2,563
9,382
4,210
7,456
4,427
2,493
1,682
3,242
2,498
11,399
990
34,530
6,397
10,971
4,275
22,209
685
9,615
5,697
19,258
13,445
2,059
7,797

DISTRICT NO. 6 - ATLANTA (Cont*d)
Ga.
Albany
1,132
tt
54,148
Atlanta
ft
4,-449
Augusta
t!
Brunswick
737
tt
4,689
Columbus
tt
Elberton
315
ft
3,579
Macon
tt
438
Newnan
t
t
Savannah
6,631
ft
1,022
Valdosta
LioL#
53,257
New Orleans
1,205
Hattiesburg
Miss.
1
!
6,827
Jackson
t
t
2,868
Meridian
f
t
1,758
Vicksburg
11,848
Tenn.
Chattanooga
t
t
6,992
Knoxville
t
t
19,751
Nashville
DISTRICT NO # 7 - CHICAGO
Aurora
III.
tt
Bloomington
ChampaigrHUrbana ”
tt
Chicago
t
t
Danville
t
t
Decatur
t
t
Elgin
t
t
Moline
tt
Peoria
tt
Rockford
tt
Springfield
Ind.
Fort Wayne
tt
Gary
t
t
Hammond
t
t
Indianapolis
t
t
South Bend
tt
Terre Haute
Iowa
Cedar Rapids
tt
Clinton
t
t
Davenport
t
t
Des Moines
tt
Dubuque
tt
Mason City
tt
Muscatine
tt
Sioux City
tt
Waterloo
Mich.Adrian
tt
Battle Creek
tt
Bay City
tt
Detroit
tt
Flint
tt
Grand Rapids
tt
J ackson
tt
Kalamazoo
w
Lansing
tt
Saginaw
Wis.
Green Bay
tt
Manitowoc
tt
Milwaukee
tt
Oshkosh
t
t
Sheboygan

2,805
2,905
3,733
717,023

2,636
4,620

1,830
2,563
13,992
6,235

6,656
8,392
4,810

2,234
52,155
11,991
6,110
5,887
.1,422
4,995
21,3542,184
2,411940
9,0364,804
969
2,887
2,763
235,811
6,602
14,1953,676-5,398
5,386
5,386..
3,925'
1,900:.
64,645
2 ,131 '
>587
'

Form FR—285-b
DEBITS BY BANKS IN EACH REPORTING CENTER, DURING THE WEEK ELIDED MAY 15, 1940
(In thousands of dollars)
DISTRICT NO. 8 - ST. LOUIS
Ark*
El Dorado
it
Fort Smith
tt
Helena
n
Little Rock
tt
Pine Bluff
it
Texarkana
(See also Tex.)
East St. Louis & Nat*l
111.
Stock Yards
tt
Quincy
Ind,
Evansville
Louisville
Ky.
11
Owensboro
Miss.
Greenville
Mo,
St, Louis
it
Sedalia
ti
Springfield
Tenn,
Memphis
DISTRICT NO. 9 * MINNEAPOLIS
Minn,
Duluth
it
Minneapolis
tt
Red Wing
tt
St. Paul
tt
South St. Paul
tt
Winona
Mont.
Billings
it
Helena
N, D,
Dickinson
it
Fargo
it
Grand Forks
ti
Jamestown
ti
Minot
Aberdeen
S. D,
tt
Sioux Falls
La Crosse
Wis.
11
Superior
DISTRICT NO,. 10 - KANSAS CITY
Colorado Springs ceio.
it
Denver
tt
Grand Junction
tt
Pueblo
Kans*
Atchison
it
Hutchinson
tt
Independence
11
Kansas City
tt
Lawrence
ti
Pittsburg
tt
Topeka
11
Wichita
Mo,
Joplin
tt
Kansas City
n
St, Joseph
Neb.
Fremont
ti
Lincoln
tt
Omaha
Albuquerque
N. II,
Okla,
Bartlesville
11
Enid
tt
Guthrie
Note:

1,205
2,776
336
9,293
1,419

DISTRICT NO. 10 - KANSAS' CITY (Cont’d)
1,587
Okla.
Muskogee
n
22,620
Oklahoma City
ti
635
Okmulgee
tt
37,436
Tulsa
1,346
Wyo.
Casper
tt
1,664
Cheyenne

629
8,678
2,104
8,02.5
37,668
1,501
1,041
139,800
541
3,894
29,768

13,574
116,191
425
42,120
5,817
1,339
2,450
2,458

268
4,513
1,172
423
922
1,277
4,579
2,143
1,178
2,954
35,963
843
2,818
724
2,930
570
3,941

838
873
4,168
10,187
2,235
81,711
6,397
682
7,085
30,755
4,060
4,701
2,437
424

DISTRICT NO. 11
Tucson
Shreveport
Roswell
Abilene
Austin
Beaumont
Corsicana
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,
it
ti
tt
tt
tt
tt
tt
tt

DISTRICT NO. 12
Phoenix
Bakersfield
Berkeley
Fresno
Long Beach
Los Angeles
Oakland
Pasadena
Sacramento
San Bernardino
San Diego
San Francisco
San Jose
Santa Barbara
Stockton
Boise
Reno
Eugene
Portland
Salem
Ogden
Salt Lake City
Bellingham
Everett
Seattle
Spokane
Tacoma
Walla Walla
Yakima

- SAM FRANCISCO
Ariz.'
11,431
Calif*
4,655
tt
7,476'
tt
7,840
tt
9,570
tt
225,685
tt
27,522
11
7,133
it
33,406
2,960
11
13,463
it
189,971
it
5,773
tt
2,519
tt
5,247
4,856
Idaho
3,024
Nev.
1,950
Ore,
ti
39,539
it
3,516
3,471
Utah
tt
15,593
1,642
Wash.
ti
2,410
ti
51,950
11
12,054
it
8,765
ti
1,606
11
2,984

11
it
it
»t
it

11

Bank debits not previously reported for week ended May 8, 19401
Jackson, Liiss., 7,246.




3,599
10.923
1,101
1,935
11,805
5,959
785
66,114
6,522
19.924
5,776
53,475
1,973
18,395
1,023
2,530
3,237
4,507