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STATEMENT FOR THE PRESS

Form F. R. 286
For immediate release

Board of Governors
of the Federal Reserve System
October 8, 1940

MONTHLY STATEMENT OF DEBITS TO DEPOSIT ACCOUNTS (EXCEPT INTERBANK ACCOUNTS)
(Monthly figures for each reporting center are derived from reports
covering 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 that are in each month*)
SUMMARY BY FEDERAL RESERVE DISTRICTS
_______________ (in millions of dollars)
3 months ended
Septenber September
Federal Reserve
September
19401 September 1939
1940
1939
__ Dr strict ___________ _
5,655
5,777
1,932
1,897
Bos bor*
44,621
16,357
41,643
13,845
Nes York
5,320
5,428
1,773
Philadelphia
1,743
6,618
2,316
7,583
2,612
Cleveland
3,734
3,994
1,294
1,299
Ri olmond
3,003
3,188
1,051
1,052
Atlanta
14,738
5,121
15 ,066
4,848
Chicago
3,027
1,074
3,071
S"Ut LOl1.l3
995
2,122
757
2,C98
690
Miraif ©.polls
3,513
1,196
3,436
1,088
Karlas City
2,510
872
2,539
836
Dallas
8,291
8,791
San Francisco
_ 2^90£
2£ $ L
102,614
103,153
36,594
Total, 274 reporting centers
33, i'll
41,050
37,810
15 5-i-58
12,594
New York City*
53,705
18,526
55,825
IF >,..67
140 Other leading centers*
8,399
8,980
2,7
2,
DEBITS BY BANKS IN FAOi1 REPORTING CENTER
(In thousand?. us( dollars)
3 months ended
Septenber September
Septenber 1940|September 1939
1939
*1940
DISTRICT NO. 1 - BOSTON
Conn.
Hart.:''-,rJ*
ti
Ujven*
1
1
7ir,t3 'iury*
B.,vMaine
it
P' cci.'nd
Mass.
ti
B
ton
ti
Fall River*
ti
tt
I :. tt
L;/nu
tt
New Bedford*
ti
Springfield
tt
War c,t
N. H.
Kancuc cr
R. 1.
Pro'/idtnce*
Vt.
Burling con

179,316
201,093
69,680
71,065
26,978
28,714
14,462
14,490
37,818
38,491
1,229,769
1,180,610
16,938
16,281
17,804
17,409
10,617
12,009
14,409
13,738
18,280
IP ,328
17,946
16,749
62,177
61,206
51,726
53,691
15,737
3.5,749
137,695
12.6 -57
11,039
10,724

619,806
221,870
87,552
46,820
108,673
3,544,770
42,013
53,879
35,917
41,341
54,858
52,161
189,372
164,973
50,397
422,380
34,297

548,798
209,615
77.533
44,181
114,837
3,572,818
48,033
51,529
29,515
40,967
53,268
•50,879
180,560
146.533
49,057
404,217
32,496

*Ihe 141 centers, including New York City, for which bank debit figures are
available back to 1919, &re designated by an asterisk.




F o m F. R. 286-a
DEBITS BY BANKS IN EACH REPORTING CENTER

DISTRICT NO. 2 - N E W YORK
Stanford
Conn.
Montclair
N. J.
Newark
”
Northern New Jersey
Clearing House Association
N. J*
Passaic*
N. Y.
Albany*
ti
Binghamton*
n
Buffalo*
tt
Elnira
it
Jamestown
tt
New York*
tt
Poughkeepsie
tt
Rochester*
tt
Syracuse*
tt
Utica

Sept.
1939

18,542
12,785
328,559

18,679
15,488
317,844

60,942
40,517
988,879

54,097
41,785
898,636

151,830
32,344
195,296

157,207
26,437
164,622
20,713
223,437
15,248
12,769
15,137,786
13,644
120,268

458,298
94,732
630,798
63,973
678,230
41,543
39,823
37,809,686
43,232
347,860
250,763
93,353

432,091
78,920
551,017
61,989
658,545
40,541
36,365
41,049,521
40,624
338,339
242,321
96,629

26,126

321,054
149,197
238,405
78,650
32,788
43,117
127,419
30,293
51,546
71,927

7,212

21,516

10,127
1,253,094
38,790
41,709
23,203
10,593
22,248

30,979
3,808,444
117,768

296,382
140,731
208,072
74,745
30,083
38 ,685
109,429
30,973
43,257
72,314
19,798
29,823
3,827,408
114,538
121,219
66,140

225,054
14,164
12,516
12,593,631
13,837
116,091
78,313
31,501

DISTRICT NO. 3 - PHILADELPHIA
112,467
Del.
Wilmington*
49,822
N.
J.
Canden
tt
64,499
Trenton*
Penna.
24,631
Allentown
tt
10,402
Altoona*
tt
Chester*
14,374
tt
Harrisburg
41,159
tt
Hazleton
9,525
tt
16,064
Johnstown
tt
Lancaster*
23,603
tt
7,059
Lebanon
tt
9,861
Norristown
tt
1,222,317
Philadelphia*
tt
40,516
Reading
tt
40,868
Scranton*
tt
22,350
Wilke s-Barre*
tt
11,051
Williamsport*
tt
22,814
York*
DISTRICT NO. 4 — CLEVELAND
Ky.
Lexington*
Ohio
Akron*
Canton
Cincinnati
Cleveland*
Columbus*
Dayton*
Hamilton
Lima
Lorain
Middletown
Springfield*
Steubenville
Toledo*
Warren
Youngstown*
Zanesville
Pa
Butler
Erie*
Franklin
Greensburg*
Homestead
Oil City*
Pittsburgh*
W. Va.
Wheeling*




3 months ended
Sept.
1940 ISept. 1939
S

Sept.
1940

18,088

84,796
39,677
332,746
670,412
168.585
73,153
11.895
15,357
6,121

11,430
16,767
10,017
134,312
12,131
57,889
8,556
9,236
28.896
3,061

7,224
3,607
9,834
850.586
27,611

81,816
31,302

106,351
51,869
70,892.
25,100
10,324
13,178
35,649
11,194
14,920

128,813
70,220
34,354
71,297

21,626
58,691
235,222
69,835
37,549
121,085
992,832
336,949
584,311 1,985,495
547,980
179,24467,838
215,803
36.074
11,333
46,132
15,025
5,437
37,687
37,589
10,531
16,757
52,179
10,287
30,858
119,766
388,854
10,180
35.075
53,028
166,263
8,464
26,945
9,731
29,374
27,608
93,038
3,301
8,785
6,336
24,985
3,258
11,551
10,824
29,223
669,617 2,300,339
27,272
91,110

31,182
64,883

59,587
194,737
104,589
944,225
1,705,520
517,295
187,667
31,461
40,894
15,501
31,640
49,591
29,810
354,159
28,059
147,086
24,663
27,249
81.014
8,792
20,070
9,942
29,082
1,894,797
81,030

Form F, R. 286-b
DEBITS BY BANKS IN EACH REPORTING CENTER
(in thousands of dollars)
Sept,
1940
DISTRICT NO. 5 - RICHMOND
Washington
D. C.
Baltimore*
Md.
tt
Cumberland
ii
Hagerstown
Asheville
N. C.
tt
Charlotte*
tt
Durham
tt
Greensboro
it
Raleigh*
ti
Wilmington
it
Winston-Salem
Charleston
S. c.
tt
Columbia*
tl
Greenville*
tt
Spartanburg
Va.
Danville
tt
Lynchburg
tt
Newport News
ti
Norfolk*
ti
Portsmouth
tt
Richmond*
Roanoke
Charleston
W. Va.
tt
Huntington
DISTRICT NO. 6 - ATLANTA
Ala,
Birmingham*
it
Dothan
ti
Mobile*
tt
Montgomery*
Jacksonville*
Fla.
tt
Miami
it
Pensacola*
it
Tampa*
Ga.
Albany
ti
Atlanta*
tt
Augusta*
tt
Brunswick
ti
Columbus
tt
Elberton
tt
Macon*
1!
Newnan
tt
Savannah*
II
Valdosta
La.
New Orleans*
Hattiesburg
Miss*
tt
Jackson,
tt
Meridian
ti
Vicksburg*
Chattanooga*
Tenn.
it
Knoxville*
tt
Nashville*




263,524
358,270
7,967
9,044
13,624
63,278
42,771
19,406
38,464
12,213
41,430
18,487
28,092
19,348
10,255
1 0 ,3 6 1

14,599
13,515
53,521
4,766
164,069
28,184
46,947
17,236
94,922
3,419
43,002
24,067
75,911
43,692
9,933
28,524
5,383
212,471
18,615
2,814
18,364
1,2,52
16,928
1,967
29,062
4,798
205,390
5,123
28,843
12,177
6,636
43,036
30,096
85,634

Sept,
1939

263,294
355,028
7,833
10,115
12,898
64,911
35,558
20,241
42,162
11,617
42,067
18,017
2 6 ,6 9 8
2 1 ,1 0 1

11,564
9,114
14,661
11,247
49,575
4,398
170,576
25,886
47,526
17,514

86,803
3 ,2 1 2

38,598
22,784
69,898
38,759
8,953
26,619
4,694
195,326
20,257
2,256
15,294
1,154
18,115
2,190
30,401
4,508
242,407
5,661
28,74-9
12,696
7,995
43,770
30,708
89,214

3 months ended
Sept. 1940 I Sept. 1939
8 3 1 ,0 8 2

1,139,537
26,617
28,326
41,660
187,556
112,233
58,630
125,702
35,766
123,483
57,645
87,041
57,584
31,162
24,620
43,090
41,086
161,891
15,511
474,822
84,964
151,541
52,342

775,774
1,027,528
24,257
27,107
37,207
185,513
106,342
56,766
124,141
33,101
120,005
49,263
78,855
57,109
31,029
25,664
43,446
29,872
141,586
12,383
483,115
76,360
139,143
48,627

284,307
8,851
127,480
69,747
231,964
135,343
30,550
87,516
14,662
661,615
54,436
8,915
51,044
3,465
47,900
5,803
85,299

251,065

1 6 ,6 1 1

18,482
645,139
14,450
80,354
33,931
20,859
140,666
89,835
254,453

620,442
14,334
89,579
35,988
19,746
132,958
92,745
256,567

8 ,1 6 6

109,146
66,500
208,702
120,520
25,451
77,412
12,496
583,254
54,284
6,920
42,956
3 ,0 2 2

46,263
5,865
8 3 ,2 1 8

Forn F. R. 286-c
DEBITS BY BANKS IN EACH REPORTING CENTER
___
.
(][n thousands of dollars)
3 months ended —
Sept,
Sept,
Sept. 1940 [Sept. 1939
1940
19£9
DISTRICT NO 7 - CHICAGO
Aurora
111,
tt
Bloonington*
ii
Champaign-Urbana
tt
Chicago*
it
Danville
ti
Decatur*
n
Elgin
it
Moline
tt
Peoria*
ti
Rockford*
n
Springfield
Ind.
Fort Wayne*
it
Gary
tt
Hammond
it
Indianapolis*
t
i
South Bend*
t
i
Terre Haute
Iowa
Cedar Rapids*
it
Clinton
ii
Davenport*
it
Des Moines*
tt
Dubuque*
tt
Mason City
it
Muscatine
ti
Sioux City*
tt
Waterloo*
Mich.
Adrian
ii
Battle Greek
i
t
Bay City*
t
i
Detroit*
i
t
Flint*
t
t
Grand Rapids*
t
t
Jackson
t
t
Kalamazoo*
i
t
Lansing*
t
t
SaginawWis.
Green Bay
tt
Manitowoc
it
Milwaukee*
ii
Oshkosh
n
Sheboygan
DISTRICT NO. 8 - ST. LOUIS
Ark.
El Dorado
it
Fort Smith
tt
Helena
tt
' Little Rock*
tt
Pine Bluff
ii
Texarkana
(See also Tex*)
East St* Louis & Natfl
111.
Stock Yards
ti
Quincy
Ind.
Evansville*
Louisville*
Ky.
tt
Owensboro
Greenville
Miss.
Mo.
St, Louis*
it
SedaHa
it
Springfield
Tenn,
Memphis^*



35,946
33,377
35,356
38,383
41,123
43,469
8,376,664 8,695,415
29,546
29,189
52,002
55,012
24,692
22,635
27,580
24,204
180,314
163,604
71,588
83,522
79,087
71,989
91,481
97,415
55,214
44,895
26,648
22,778
596,084
637,937
106,504
124,050
65,706
72,404
75,111
75,290
16,005
18,804
62,647
65,920
282,626
274,065
26,728
29,495
28,269
29,512
10,900
10,978
108,273
125,534
49,663
57,391
10,064
12,174
36,670
37,903
33,128
35,871
2,858,780 2,448,965
69,230
82,044
163,803
171,073
45,798
39,275
63,920
73,313
72,207
67,434
71,821
66,392
48,473
46,951
20,919
20,270
773,074
776,597
26,595
27,428
52,437
48,286

11,409
13,198
14,164
2,674,050
9,545
17,677
8,235
9,>43
59,581
26,918
26,181
30,981
17,304
8,473
198,765
40,089
22,976
24,853
6,180
21,092
95,023
9,751
9,559
3,707
42,248
18,519
3,991
12,133
11,869
946,601
26,900
55,945
14,947
23,161
23,210
21,538
15,173
6,689
241,683
8,621
15,908

11,684
12,472
14,858
3,062,149
9,911
18,910
8,129
7,959
58,127
25,052
24,632
30,738
15,529
7,534
194,726
35,875
22,184
27,093
5,672
22,286
98,999
9,312
10,066
4,102
39,316
17,521
3,428
12,771
11,853
836,797
24,031
57,308
13,452
22,137
21,905
22,723
15,728
6,814
252,203
9,124
15,954

5,234
14,020
1,247
38,450
8,605

5,469
12,575
2,412
40,396
10,599

15,868
37,035
3,786
109,804
22,098

15,549
33,954
5,291
121,133
24,118

3,535

3,949

9,227

9,205

43,761
8,459
31,261
157,184
6,047
4,518
532,254
2,090
15,967
122,722

41,103
#,218
30,907
154,517
8,943
6,173
569,110
2,167
15,276
161,911

125,882
25,764
99,005
482,122
18,145
12,884
1,693,684
6,307
48,004
361,590

112,574
23,733
91,214
455,160
25,344
13,963
1,655,710
5,993
43,413
390,671

Form F. R. 286-d
DEBITS BY BANKS IN EACH REPORTING CENTER
(in thousands of dollars)
Sept. T
1940
DISTRICT NO. 9 - MINNEAPOLIS
Minn.
Duluth*
Minneapolis*
tt
Red Wing
it
St. Paul*
i
t
South St. Paul
t
t
Winona
Mont.
Billings*
it
Helena*
Dickinson
N. D.
tt
Fargo*
tt
Grand Forks*
tt
Janestown
ti
Minot
S. D.
Aberdeen*
tt
Sioux Falls
La Crosse
Wis.
tt
Superior*

Sept.
1939

3 nonths ended —
Sept. 1940{Sept. 1939

45,907
351,545
1,792
159,068
28,019
5,572
12,513
12,070
1,545
22,139
5,701
1,789
4,915
5,852
17,783
9,170
4,904

55,321
406,304
1,900
162,832
28,145
5,616
12,239
12,221
1,906
21,373
5,657
1,721
4,603
4,999
17,626
9,671
5,191

153,488
142,344
1
,
121,206
1,070,254
5,452
5,860
480,422
490,889
71,500
81,109
17,322
17,661
33,130
35,786
37,908
36,754
4,714
4,076
56,615
62,767
16,208
15,934
4,920
5,434
12,335
13,539
17,167
14,665
54,468
50,163
28,388
27,747
14,656
15,260

12,328
155,239
4,087
15,171
3,068
10,991
2,400
15,362
3,207
3,677
14,086
44,192
9,148
295,224
27,440
2,639
27,006
145,968
16,713
24,919
10,114
1,277
7,489
94,605
2,270
124,858
6,570
8,010

17,012
172,361
4,304
20,260
3,208
12,153
2,420
15,449
3,459
3,530
16,324
44,498
10,563
349,358
29,456
2,703
29,942
160,069
16,223
30,799
11,287
1,451
8,853
97,581
2,580
115,187
6,224
8,576

46,036
40,750
489,601
471,985
11,820
11,318
50,260
45,864
9,596
9,712
38,215
39,962
7,958
7,917
51,107
50,160
10,767
10,786
10,319
11,077
58,585
53,577
141,262
142,091
29,642
,27,630
1,003,501
979,228
84,956
83,297
7,901
8,177
86,980
84,933
454,184
446,065
46,410
50,740
91,833
77,543
39,831
38,377
4,357
4,030
23,366
21,580
293,410
280,986
7,413
7,013
370,439
386,733
17,386
19,549
25,596
25,393

DISTRICT NO. 10 - KANSAS CITY
Colorado Springs-Colo.*
tt
Denver*
tf
Grand Junction
t
t
Pueblo*
Atchison
Kans.
tt
Hutchinson
it
Independence
tt
Kansas City*
tt
Lawrence
tt
Pittsburg
tt
Topeka*
tt
Wichita*
Mo.
Joplin*
tt
Kansas City*
it
St* Joseph*
Neb.
Fremont
ti
Lincoln
ti
Omaha*
Albuquerque*
N. M.
Bartlesville*
Okla.
ti
Enid
n
Guthrie
tf
Muskogee*
tt
Oklahoma City*
t
i
Okmulgee
t
i
Tulsa*
Wyo.
Casper
it
Cheyenne




Forn F.R. 286—e
DEBITS BY BANKS IN EACH REPORTING CENTER
_______(In thousands of dollars)
Sept,
3 months ended —
Sept.
Sept, 1940 Sept. 1939
1940
1939
DISTRICT NO. 11 - DALLAS
Tucson*
Shreveport*
Roswell
Abilene
Austin*
Beaunont*
Corsicana
Dallas*
El Paso*
Fort Worth*
Galveston
Houston*
Port Arthur
San Antonio
Texarkana*
(See also Ark.)
Tyler
Waco*
Wichita Falls

Ariz.
La.
N. M.
Tex.

10.105
41,115
4,656
8,426
30,699
21,474
3,853
235,563

26,281
72,685
22,348
235,158
9,085
70,799
4,068
10,790
14.106
14,503

10,623
43,492
4,029
8,884
38,380
21,411
4,129
250,017
27,551
79,065
25,470
237,861
8,847
67,762
4,444
10,798
15,594

31,726
127,299
13,174
24,129
97,142
66,609
9,799
707,624
79,219

227,626
70,712
712,924
28,217
212,784

29,908
127,471
12,180
24,336
103,462
64,633
10,112
730,542
77,877
237,832
70,523
666,409
26,416

200,785

11,909
32,565
40,306
45,717

12,003
32,412
41,033
42,207

36,767
116,623
53.846
15,917
21,384
87,502
32,224
96,359
37,979
115,321
828,582 2,605,048
104,607
309,004
23,614
75,:U4
473,737
102,159
36,592
11,053
47,986
158,688
856,040 2,466,280
32,106
79,044
11,780
32,709
20,326
63,403
17.840
59,189
13,025
46,780
8,869
27,554
169,913
509,460
17.841
53,519
22,668
53,646
76,560
211,306
7,205
23,439
9,168
26.847
210,908
653,226
53,129
166,688
37,374
121,237
8,117
23,603
15,852
45,167

114,472
50,562
63,768
87,632
113,464
2,455,928
297,516
73,559
383,372
34,811
147,191
2,417,095
81,852
34,576
58,172
54,356
37,888
25,649
482,527
49,506
52,810
211,470
20,721
26,720
594,431
147,711
109,311
22,797
41,047

13,800

DISTRICT HO. 12 - SAN FRANCISCO
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*
Bellinghan
Everett
Seattle*
Spokane*
Tacona*
Walla Walla
Yakina*




Ariz.
Calif,
it
tt
ti
ti

11
ti
tt
ti
tt
it

11
it
tt

Idaho
Wev.
Ore,
tt

11

Utah
11

Wash.
tt
tt
ti
it
it

11

34,967
17,197
29,038
35.662
36,120
833,479
100,195
22,749
147,704
11,401
52,717
848,118
27,110
10,634
21,176
18,452
15,562
9,327
171,331
17,115
18,510
70,9648,119
8,844
218,804
55.662
39,883
7,472
16,419