Full text of G.6 Bank Debits and Deposit Turnover : May 7, 1940

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Form F. R. 286

STATEMENT FOR THE PRESS

For immediate release

Board of Governors
of the Federal Reserve System
May 7 , 1940

MONTHLY STATEMENT OF DEBITS TO DEPOSIT ACCOUNTS (EXCEPT INTERBANK ACCOUNTS)
(Monthly figures for each reporting center are derived from reports cover­
ing weeks ending on Wednesdays. The figures for a week that begins in one month
and ends in another are prorated to the respective months on the basis of the
number of business days of the week t hat are in each month.)

Federal Reserve
District

SUMMARY BY FEDERAL RESERVE DISTRICTS
(In mi].lions of dc>llars)
April
April
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

2,003

1,818

16,845
1,899
2,336

14,481
1,695
2,022
1,147

1,328
1,100

948

5,449
1,071

4,694
930

802

639
1,034

1,142

898
2,907
37,780
15,519

19,250

801

3 months ended —
Apr. 1940 Apr. 1939
5,781
46,759
5,480

6,878
3,841
3,347
15,868
3,094
2,077
3,297

2,668

8,655
2,613
32 ,822’ 107,745

5,468
45,521
5,081
5,969
3,415
2,944
13,818
2,776
1,764

3,036
2,423
7,901

42,858
56,131
8,757

100,117
41,966
50,245
7,907

176,326
609,250
69,029
217,750
25,699
83,501
12,018
40,393
31,130
93,664
1,163,667 3,614,468
15,868
48,778
16,077
52,715
ID,056
34,686
12,677
4(0,624
17,136
54,747
16,583
50,405
59,862
188,329
46,556
165,374
14,418
47,099
121,770
409,903
9,487
29,769

524,090
198,420
74,128
35,650
91,147
3,531,585
45,844
49,223
29,597
37,545
49,206
47,336
172,341
141,444
42,802
369,909
27,661

13,311

16,832

____ 2j.Q1.Q___ __ ..2,678
DEBITS BY BANKS IN EACH REPORTING CENTER
______ (In thousands of dollars)
April
3 months ended —
April
Apr. 1940 Apr. 1939
1940
1939

DISTRICT NO. 1 - BOSTON
Hartford*
Conn.
11
New Haven*
11
Waterbury*
Bangor*
Maine
11
Portland
Boston*
Mass.
tt
Brockton
t
i
Fall River*
t
t
Holyoke*
t
t
Lowell*
t
i
Lynn
tt
New Bedford*
it
Springfield
t
i
Worcester*
Manchester
N. H.
Providence*
R. I.
Vt.
Burlington

215,858
75,641
29,067
13,565
31,735
;1,250,803
16,768

18,038
11,996
14,187
19,083
17,612
66,404
56,230
15,864
139,876
10,231

*The l4l centers, including New York City, for which bank debit figures are avail­
able back to 1919, are designated by an asterisk.




Form F*R# 286-a

DEBITS BY BANKS HI EACH REPORTING CENTER

DISTRICT NO. 2 - NEW YORK
Stamford
Conn.
Montclair
N. J.
n
Newark
Northern New Jersey
Clearing House Association
N. J.
Passaic*
N. Y.
Albany*
tt
Binghamton*
tt
Buffalo*
tt
Elmira
tt
Jamestown
ft
New York*
ft
Poughkeepsie
tt
Rochester*
tt
Syracuse*
ft
Utica

18,878
14,469
337,195

16,877
13,269
309,778

53,304
44,238
971,974

48,601
41,279
879,915

167,982
29,610
233,997
20,520
229,144
13,366
13,283
15,519,090
14,208
119,618
82,562
31,233

138,930
26,53S
172,719
18,998
215,002
12,363
11,297
13,311,167
12,730
119,174
73,539
28,717

470,192
87,565
722,614
60,569
679,931
39,159
38,559
42,857,599
43,355
353,613
244,413
91,466

421,474
76,602
661,970
56,497
614,316
37,490
41,965,634
39,924
334,633
221,916
86,880

3 - PHILADELPHIA
Del.
109,017
N. J.
46,917
it
75,067
Penna.
26,799
tt
10,556
tt
15,623
n
42,736
tt
9,504
ti
15,389
tt
28,439
tt
7,322
tt
9,669
tt
1,358,870
tt
39,907
tt
43,107
n
24,182
tt
10,762
tt
24,914

92,401
40,529
78,681
24,685
9,870
11,958
36,463
10,209
13,392
25,335
6,755
9,041
1,204,699
38,165
39,839
20,329
9,554
23,284

318,420
145,715
223,710
76,283
30,902
43,928
119,113
28,289
46,478
81,534
20,4(09
28,551
3,902,377
112,552
134,657
65,899
32,461
69,017

265,171
127,343
210,956
67,857
28,858
35,335
110,346
34,570
39,118
73,837
19,142
25,668
3,660,076
104,700
125,888
60,817
27,740
64,000

17,764
67,892
33,566
296,014
493,137
159,389
65,020
10,486
12,879
4,669
9,678
16,458
8,590
112,070
9,780
43,299
7,683
8,927
24,924
2,522
6,070
3,002
8,910
570,970
28,563

65,371
201,124
111,003
979,426
1,696,627
558,241
212,315
32,713
41,113
15,256
33,678
51,820
28,697
370,820
30,231
14-3,011
24,879
27,493

57,909
183,887
96,252
883,400
1,455,876
478,237
181,537
30,664
35,837
13,284
28,852
48,348
25,679

DISTRICT NO,. 4 - CLEVELAND
Ky.
Lexington*
Akron*
Ohio
tt
Canton
tf
Cincinnati
tt
Cleveland*
tt
Columbus*
tt
Dayton*
tt
Hamilton
tt
Lima
tt
Lorain
tt
Middletown
tt
Springfield*
ti
Steubenville
tt
Toledo*
n
Warren
tt
Youngstown*
tt
Zanesville
Pa.
Butler
tt
Erie*
tt
Franklin
tt
Greerisburg*
tt
Homestead
ti
Oil City*
tt
Pittsburgh*
Fneeling*
W. Va.



Apr, 1939

20,438
72,198
38,294
329,245
585,238
202,625
75,676
11,246
14,222
5,241
10,620
17,807
9,775
127,861
10,618
49,379
8,542
9,434
28,845
2,842
7,777
3,591
10,614
657,260
26,907

83,601

8,750
20,883
9,969
30,64-1
2,024,733
75,644

00

DISmiCT NO.
Wilmington*
Camden
Trenton*
Allentown
Altoona*
Chester*
Harrisburg
Hazleton
Johnstown
Lancaster*
Lebanon
Norristown
Philadelphia*
Reading
Scranton*
Hike s-Barre*
Williamsport*
York*

3 months
Apr. 1940

1
<D
!'/B
1Y

(In thousands of doi;Lars)
April
April
1940
1939

322,221

26,291
122,744
22,683
24,951
73,374
7,502
18,100
8,328
26,876
1,710,335
86,329

Form F. R. 286-b
DEBITS BY BANKS IN EACH REPORTING CENTER
(In thousands of dollars)
April
1940
DISTRICT NO. 5 - RICHMOND
Washington
D. C.
Baltimore*
Md.
it
Cumberland.
tt
Hagerstown
Asheville
N. C.
n
Charlotte*
n
Durham
tt
Greensboro
tt
Raleigh*
tt
Wilmington
tt
Winston-Salem
Charleston
S. C.
tt
Columbia*
n
Greenville*
tt
Spartanburg
Danville
Va.
tt
Lynchburg
tt
Newport News
it
Norfolk*
tt
Portsmouth
tt
Richmond*
ti
Roanoke
Charleston
W. Va.
tt
Huntington

289,325
388,646
8,402
9,313
12,581
64,816
26,453
21,352
42,300
11,375
37,979
19,799
27,947
19,610
11,381
8,045
15,645
11,733
53,653
4,653
147,832
28,765
48,598
17,303

DISTRICT NO. 6 - ATLANTA
Ala.
Birmingham*
tt
Dothan
ti
Mobile*
ti
Montgomery*
Fla.
J acksonville*
tt
Miami
tt
Pensacola*
tt
Tampa*
Albany
Ga.
tt
Atlanta*
tt
Augusta*
tt
Brunswick
n
Columbus
Elberton
Macon*
Newnan
Savannah*
tt
Valdosta
New Orleans*
La.
Hattiesburg
Miss.
tt
Jackson
tt
Meridian
t
t
Vicksburg*
Chattanooga*
Tenn.
it
Knoxville*
tt
Nashville*

97,336
2,935
40,864
22,438
85,237
62,873
9,267
32,717
5,423
216,241
19,625
3,227
16,621
1,218
15,554
1,939
28,937
3,895
217,299
5,187
29,121
12,397
8,051
44,011
32,252
85,288




April
1939
256,489
318,990
7,883
8,324
11,389
55,815
21,834
17,729
37,586
10,172

36,630
17,669
25,072
18,218
8,812
6,869
12,925
8,411
46,941
4,336
132,807
25,204
41,855
14,888

81,584
2,966
32,535
20,470
73,391
51,248

8,621
28,175
4,252
185,605
17,244
2,708
12,850
1,149
13,617
1,734
26,118
3,440
191,544
4,724
24,714
10,749
6,721
41,595
27,443
73,290

3 months ended
Apr. 1940 | Apr. 1939
816,555
1,123,403
24,069
26,095

36,628
196,133
80,913
61,242
121,431
33,016
117,135
58,145
83,113
59,349
32,044
23,673
45,011
34,319
150,097
13,108
429,872
83,093
142.,427
49,846

289,887
8,483

121,100
71,607
259,261
204,518
27,519

749,159
954,361
22,455
22,851
33,576
164,704
70,554
54,781
115,929
29,225
110,387
49,352
78,062
52,599

25,863
20,564
38,254
25,414
138,487
12,291
397,720
78,099
125,982
44,431
245,084
9,322
97,393
60,511
228,342
170,836
24,325

101,322

86,013

15,315
660,101
55.933
8,901
48,270
3,324
47,444
5,723
84,739
11.934
681,401
15,191
89,706

14,507
560,916
47,831
7,703
38,646
3,252
40,473
5,159
78,630
10,468
623,750
14,397
79,387
31,814
20,977
121,845
86,443
236,205

36,022
23,538
127,479
97,436
250,539

Form F. R. 286-c
DEBITS BY BANKS IN EACH REPORTING CENTER
(In thousands oJ dollars) __
April
April
1940
1939
DISTRICT NO. 7 - CHICAGO
Aurora
111 .
T1
Bloomington*
tt
Champaigtt»Urbana
n
Chicago*
i
t
Danville
t
t
Decatur*
n
Elgin
ft
Moline
t
t
Peoria*
t
t
Rockford*
t
t
Springfield
Fort Wayne*
Ind.
tt
Gary
t
t
Hammond
t
t
Indianapolis*
11
South Bend*
t
t
Terre Haute
Cedar Rapids*
Iowa
tt
Clinton
tt
Davenport*
t
t
Des Moines*
n
Dubuque*
tt
Mason City
tt
Muscatine
tt
Sioux City*
tt
Waterloo*
Adrian
Mich.
ii
Battle Creek
ti
Bay City*
it
Detroit*
ti
Flint*
n
Grand Rapids*
11
Jackson
tt
Kalamazoo*
ii
Lansing*
tt
Saginaw
Green Bay
Wis.
it
Manitowoc
it
Milwaukee*
n
Oshkosh
ti
Sheboygan
DISTRICT NO. 8 - ST. LOUIS
El Dorado
Ark.
n
Fort Smith
ii
Helena
tt
Little Rock*
ti
Pine Bluff
t
t
Texarkana
(See also Tex.)
East St, Louis & Nat *1
Stock Yards
111.
n
Quincy
Evansville*
Ind.
Louisville*
Ky.
it
Owensboro
Greenville
Miss.
St, Louis*
Mo.
ii
Sedalia
i
t
Springfield
Memphis*
Tenn.




11,942
12,843
15,358
3,146,418
9,761
18,971
8,174
9,017

62,846
26,207
26,634
33,197
16,874
8,555
211,181
45,558
24,305
27,086
6,829
24,575
106,129
10,584
10,937
4,264
38,783
20,280
3,855
11,980
11,516
1,004,762
27,005
58,858
15,275
23,525
24,468
22,816
15,174
7,321
260,826

11,050
11,384
13,150
2,733,164
9,282

16,072
7,499
8,556
54,300
22,457
23,043
30,590
15,141
7,587
185,852

38,646
20,564
23,003

5,862

15,061

21,149
92,271
9,130
10,291
3,550
35,667
17,334
3,278
11,377
9,218
821,010
23,819
48,174
15,291
19,921
21,869
18,723
13,528
6,349
233,454
8,298
12,783

5,579
12,125
1,725
40,327
6,888

3 months ended —
Apr. 1940 | Apr. 1939
34,001
37,267
45,867
9,164,183
29,084
57,034
23,404

26,466
175,709
77,033
77,090
93,151
50,106
24,603
609,290
123,776
71,590
78,106
17,727
67,467
296,038
28,470
30,521
10,834
107,659
55,115
11,646
36,412
33,344
2,916,754
84,461
169,793
44,780
68,318
72,002
65,446
44,796
21,435

32,376
33,058
39,440
8,001,927

26,106
46,983
21,128
23,824
152,247
65,507
67,260
85,371
42,592
21,355
539,071
104,553
60,571
67,103
15,745

60,832

27,227
45,987

269,938
25,998
28,793
9,719
106,039
49,559
9,758
34,164
27,282
2,448,847
73,745
142,599
43,038
57,559
62,297
54,120
40,896
17,684
746,318
24,345
38,514

5,149
10,499
1,489
34,891
6,806

16,027
35,980
5,452
116,596
21,571

15,149
31,881
4,372
106,110
22,732

2,942

3,221

9,796

9,852

37,751
8,922
33,444

31,747
8,335
29,406
137,502
7,285
4,853
526,483
1,889
12,796
107,452

102,579
25,545
95,670
479,333
18,521
16,014
1,696,427
6,667
43,267
404,409

93,980
22,723
81,399
428,277
20,867
14,841
1,560,000
5,673
37,408

8,963

154,830
5,901
4,966
596,677
2,155
15,763
140,942

813,863

320,360

Form F. R. 286-d
DEBITS BI BANKS IN EACH REPORTING CENTER
(In thousands of dollars)

DISTRICT NO. 9 - MINNEAPOLIS
Duluth*
Minn*
n
Minneapolis*
IT
Red Wing
It
St. Paul*
II
South St. Paul
tl
Winona
Mont.
Billings*
tt
Helena*
Dickinson
N. D.
t!
Fargo*
tt
Grand Forks*
II
Jamestown
tl
Minot
Aberdeen*
S. D.
ti
Sioux Falls
La Crosse
Wis.
it
Superior*
DISTRICT NO.
Colorado Springs*
Denver*
Grand Junction
Pueblo*
Atchison
Hutchinson
Independence
Kansas City*
Lawrence
Pittsburg
Topeka*
Wichita*
Joplin*
Kansas City*
St* Joseph*
Fremont
Lincoln
Onaha*
Albuquerque*
Bartlesville*
Enid
Guthrie
Muskogee*
Oklahoma City*
OtouXgee
Tulsa*
Casper
Cheyenne




10 - KANSAS CITY
Colo.
tt
tt
tt
Kans.
tt
ti
tt
it
tt
it
it
Mo.
tt
ti
Neb.
tt
tt
N. M.
Okla.
tt
tt
tt
ti
it
tt
Wyo.
tt

April
1940

April
1939

53,264
429,121
1,873
198,188
24,120
6,031
10,687
10,185
1,345
19,906
4,931

36,351
325,814
1,765
166,574
22,170
5,539
10,234
8,768
1,158
16,998
4,744

1,802

1,386

4,043
5,229
17,653
9,882
4,035

3,824
4,741
15,551
9,642
3,791

12,337
157,978
3,724
14,025
2,968
14,406
2,673
17,356

10,920
146,680

3,628
3,737
18,331
45,501
8,764
318,089
27,245
2,940
28,914
141,061
18,171
25,369
12,815
1,345
7,201
101,395

3,638
14,586
2,698
9,854

2,696
14,637
3,134
3,360
16,345
40,349
8,845
270,376
24,197
2,561

26,918
132,098
14,528
26,721
9,052
1,354
7,070
101,858

2,883

2,600

133,908
5,797
9,286

122,669
5,515
8,264

3 months ended—
Apr. 1940 | Apr. 1939
134,132
1,074,937
5,127
513,313
72,071
17,749
30,587
30,817
3,996
57,653
14,197
5,356
10,629
14,843
52,293
27,602
12,127

98,453
S76,923
4,978
466,877
67,928
20,857
27,836
27,728
3,029
46,659
12,790
3,778
9,354

37,886
452,115
10,890
38,875

35,218
433,593

8,486

38,397
7,769
47,240
10,436
11,323
61,259
134,343
25,820
895,260
76,107
8,223
81,927
412,769
49,202
78,894
32,989
4,18421,303
303,737
7,892
397,929
17,311
24,065

12,668
47,185

25,052
11,709

10,111
38,820

7,921
29,579
7,996
43,500
9,900
10,242
50,739
120,527

26,580
790,494
71,755
7,481
78,460
395,563
42,659
76,647
26,358
4,266
21,839
290,773
7,239
358,866
15,799
23,094

Form F. R. 286-e
DEBITS BY BJOJEB IN EACH REPORTING CENTER
(In thousands oJ dollars)
April
April
1940
1939
DISTRICT NO. 11 - DALLAS
Ariz.
Tucson*
Shreveport*
La.
Roswell
N. M.
Abilene
Tex.
ti
Austin*
tt
Beaumont*
i
i
Corsicana
n
Dallas*
n
El Paso*
i
i
Fort Worth*
t
t
Galveston
i
t
Houston*
t
i
Port Arthur
t
t
San Antonio
t
t
Texarkana*
(See also Ark..)
?!
Tyler
!!
Waco*
!!
Wichita Falls

12,622
46,236
•4,199
8,649
36,493
24,345
3,342
257,803
29,864
81,802
24,961
239,356
9,519
71,847

11,558
39,465
3,662
8,157
36,920
22,933
2,859
227,487
28,142
72,218
22,501
207,593
8,595
66,872

37,012
134,576
12,619
25,234
103,070
71,367
10,028
767,960
92,344
234,424
83,114
717,433
28,293
209,970

4,309
11,686
13,795
17,327

3,858
10,607
12,178
15,091

12,512
35,177
42,941
50,355

11,691
31,938
38,771
42,977

41,499
17,855
19,234
26,149
35,792
790,936
97,751
25,317
116,755
11,169
48,448
760,292
22,254
12,371
17,942
15,282
10,474
7,560
153,710
14,813
17,906
59,875
6,086

138,937
53,462
74,055
90,429
112,800
2,650,167
303,927
81,355
433,220
34,818
148,826
2,501,898
66,289
34,744
56,922
51,226
39,776
24,516
496,051
47,626
42,006
197,724
21,073
26,468
612,286
146,000
113,107
20,816
34,826

125,312
50,639
56,240
82,905
111,947
2,416,624
282,083
78,928
408,836
34,305
140,373
2,286,614
65,662
36,751
48,835
45,576
31,496
21,276
475,398
43,674
41,279
173,873
17,136
22,147
525,892
124,336
99,382
17,353
36,099

DISTRICT NO,, 12 - SAN PHANCISOO
Ariz.
Phoenix
47,944
Bakersfield
Calif*
19,096
??
Berkeley
25,075
??
Fresno*
29,436
?!
Long Beach*
39,449
?!
Los Angeles*
895,192
1
!
Oakland*
106,547
?!
Pasadena*
26,530
?!
Sacramento*
131,818
?!
San Bernardino
12,391
??
San Diego*
52,652
?!
San Francisco*
819,525
??
San Jose
22,377
I?
Santa Barbara
12,069
!?
Stockton*
20,640
Boise*
Idaho
17,740
Reno*
Nev.
15,896
Eugene
Ore
8,855
??
Portland*
160,470
??
Salem
17,004
Utah
Ogd&n*
15,360
Salt Lake City* ??
69,988
Bellingham
Wash.
7,660
t?
Everett
9,120
??
Seattle*
211,787
??
Spokane*
52,211
!?
Tacoma*
39,535
?!
Walla Walla
7,550
!!
Yakima*
13,024




3 months ended —
Apr. 1939
Apr. 1940

8,268
178,373
43,958
34,001

6,162
12,593

36,167
120,308
10,884
24,382

103,660
69,654
9,334
689,867

88,367
216,499
71,642
633,058
25,771
198,487