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Form FR-285 STATEMENT FOR THE PRESS For immediate release BANK DEBITS Board of Governors of the Federal Reserve System April 16, 1938 Debits to individual accounts, as reported by banks in leading cities for the week ended April 13, aggregated #6,539,000,000„ or 26 percent below the total re ported for the preceding week and 26 percent below the total for the corresponding week of last year. Aggregate debits for the l4l cities for which a separate total has been main tained since January 1919 amounted to $5,965,000,000, compared with $8,166,000,000 the preceding week and #8,163,000,000 the week ended April l4 of last year. SUMMARY BY FEDERAL RESERVE DISTRICTS Federal Reserve District No# 1 2 3 4 5 6 7 8 9 10 11 12 April 13, 1938 W e e k e n d e d April 6 , 1938 17 15 18 25 24 26 4l 16 17 28 18 29 379,922 2,772,291 321,251 4-38,138 245,773 200,282 908,219 190,170 132,971 226,111 169,970 553,590 465,056 4,276,396 421,203 525,830 297,167 232,172 1,216,387 221,268 151,544 257,517 191,858 594,364 495,321 4,003,616 411,928 601,309 292,139 239,298 1,216,279 246,217 152,072 291,895 195,537 703,324 274 6,538,688 8,850,762 8,848,935 Number of centers included — Boston - New York - Philadelphia - Cleveland - Richmond - Atlanta — Chicago — St. Louis — Minneapolis - Kansas City - Dallas — San Francisco TOTAL April l4, 1937 DEBITS BY BANKS IN EACH REPORTING CENTER Week ended Apr. 13, 1938 DISTRICT NO. 1 - BOSTON Bangor, Maine Boston, Mass. Brockton, Mass. Burlington, Vt. Fall River, Mass. Hartford, Conn. Holyoke, Mass. Lowell, Mass. Lynn, Mass. Manchester, N. H. New Bedford, Mass. New Haven, Conn. Portland, Maine Providence, R. I . Springfield, Mass. Waterbury, Conn. Worcester, Mass. DISTRICT NO. 2 - NEW YORK Albany, N. Y. Binghamton, N. Y. Buffalo, N, Y# Elmira, N. Y. Jamestown* N. Y. Montclair, N. J. Newark, N, J. New York, N. Y. 2,987 238,283 3,196 2,088 3,428 40,677 2,169 2,758 3,881 3,377 3,280 14,150 6,693 24,531 12,883 5,339 10,202 73,577 3,966 47,184 2,631 2,644 3,138 59,997 2,490,731 Week ended Apr. 13, 1938 DISTRICT NO. 2 - NEW YORK (Cont»d) Northern New Jersey 31,464 Clearing House Ass*n Passaic, N. J, 5,275 Poughkeepsie, N. Y. 2,733 23,039 Rochester, N. Y. 3,740 Stamford, Conn# Syracuse , N. Y# 15,891 6,281 Utica, N. Y. DISTRICT NO. 3 - PHILADELPHIA 4,843 Allentown, Pa. 1,990 Altoona, P a .' Camden, N. J . 7,323 2,301 Chester, Pa. Harrisburg, Pa# 8,065 Hazleton, Pa, 2,205 2,926 Johnstown, Pa# 5,094 Lancaster, Pa. 1,358 Lebanon, Pa. 1,756 Norristown, Pa# 227,624 Philadelphia, Pa# 7,816 Reading, Pa, Scranton, Pa. 8,073 Trenton, N. J. 11,773 4,347 Wilkes-Barre, Pa. 2,011 Williamsport, Pa* 17,326 Wilmington, Del# 4,420 York, Pa, i Form FR-285-a DEBITS BY BANKS IN EACH REPORTING CENTER _____________________ (in thousands of dollars)______ Week ended Apr. 13, 1938 DISTRICT NO. 4 - CLEVELAND Akron, Ohio Butler, Pa. Canton, Ohio Cincinnati, Ohio Cleveland, Ohio Columbus, Ohio Dayton, Ohio Erie, Pa. Franklin, Pa. Greensburg, Pa, Hamilton, Ohio Homestead, Pa, Lexington, Ky, Lima, Ohio Lorain, Ohio Middletown, Ohio Oil City, Pa, Pittsburgh, Pa, Springfield, Ohio Steubenville, Ohio Toledo, Ohio Warren, Ohio Wheeling, W. Va, Youngstown, Ohio Zanesville, Ohio 11,756 1,901 6,400 65,729 107,325 40,787 13,105 5,217 539 1,251 1,959 563 3,986 3,029 999 2,163 1,962 124,l4l 3,639 2,216 21,190 1,967 6,l4o 8,604 1,570 DISTRICT NO. 5 - RICHMOND Asheville, N. C* Baltimore, Md. Charleston, S, C, Charleston, W. Va, Charlotte,N* C, Columbia, S. C^ Cumberland, Md* Danville, Va, Durham, N. C. Greensboro, N. C. Greenville, S. C* Hagerstown, Md, Huntington, W. Va, Lynchburg, Va, Newport News, Va. Norfolk, Va. Portsmouth, Va, Raleigh, N. C, Richmond, Va. Roanoke, Va, Spartanburg, S . C* Washington, D. C, Wilmington, N. C, WinstorHSalem, N. C, 2,124 73,659 3,796 9,044 10,716 4,642 1,666 1,501 4,816 3,482 3,412 1,736 3,310 2,992 1,566 9,522 870 7,530 27,912 4,549 1,678 55,255 1,986 8,009 DISTRICT NO, 6 - ATLANTA Albany, Ga. Atlanta, Ga. Augusta, Ga, Birmingham, Ala, Brunswick, Ga. Chattanooga, Tenn. Columbus, Ga. Dothan, Ala. 1,108 39,964 3,390 13,789 671 8,983 2,693 569 Week ended Apr. 13, 1938 DISTRICT NO. 6 - ATLANTA (Cont’d) 289 Elberton, Ga# 988 Hattiesburg, Miss* 6,535 Jackson, Miss* Jacksonville, Fla, 16,953 5,839 Knoxville, Tenn* 2,761 Macon, Ga, 1,872 Meridian, Miss, 9,919 Miami, F la ,' 6,244 Mobile, Ala, 3,506 Montgomery, Ala* 15,992 Nashville, Tenn, 301 Newnan, Ga, 41,369 New Orleans, La, 1,978 Pensacola, Fla, Savannah, Ga, 5,991 5,924 Tampa, Fla* Valdosta, Ga, 866 Vicksburg, Miss* 1,788 DISTRICT NO. 7 - CHICAGO Adrian, Mich* Aurora, 111* Battle Creek, Mich, Bay City, Mich, Bloomington, 111* Cedar Rapids, Iowa Champaign-Urbana, 111 Chicago, 111, Clinton, Iowa Danville, 111, Davenport, Iowa Decatur, 111* Des Moines, Iowa Detroit, Mich, Dubuque, Iowa Elgin, 111. Flint, Mich. Fort Wayne, Ind, Gary, Ind* Grand Rapids, Mich, Green Bay, Wis, Hammond, Ind, Indianapolis, Ind, Jackson, Mich, Kalamazoo, Mich, Lansing, Mich, Manitowoc, Wis* Maaon City, Iowa Milwaukee, Wis, Moline, 111* Muscatine, Iowa OshJcosh, Wis* Peoria, 111* Rockford, III* Saginaw, Mich, Sheboygan, Wis* Sioux City, Iowa South Bend, Ind, Springfield, 111. Terre Haute, Ind, Waterloo, Iowa 671 2,241 2,752 2,124 2,956 4,669 2 ,9 a 522,201 1,124 1,820 4,499 3,425 20,180 141,454 2,053 1,789 4,596 6,529 3,515 9,488 3,039 1,378 36,970 2,779 4,063 3,688 1,364 2,509 54,704 2,017 712 1,901 12*156 4,994 3,867 3,019 8,316 7,136 4,781 4,346 3,613 Form FH-28^-b DEBITS BY BANKS IN EACH REPORTING CENTER ____(in thousands of dollars)______ Week ended Apr. 13, 1938 Week ended Apr. 13» 1938 DISTRICT NO, 8 - ST, LOUIS East St, Louis & Rat*1, 6,566 Stock Yards, 111* 1,429 Eldorado, Ark, 6,093 Evansville, Ind, 2,450 Fort Smith, Ark, 872 Greenville, Miss* 344 Helena, Ark, Little Rock, Ark, 7,187 Louisville, Ky, 28,773 22,066 Memphis, Tenn* Owensboro, Ky, 1,109 Pine Bluff, Ark, 1,889 1,696 Quincy, 111* St, Louis, Mo* 106,100 Sedalia, Mo. 380 Springfield, Mo* 2,720 Texarkana,Ark,(See also Tex.) 496 DISTRICT NO. 9 - MINNEAPOLIS Aberdeen, S. D. Billing s, Mont , Dickinson, N. D, Duluth, Minn, Fargo, N. D* Grand Forks,' N, D* Helena, Mont* Jamestown, N. D* La Crosse,Wis* Minneapolis, Minn* Minot, N. D* Red Wing, Minn* St, Paul, Minn* Sioux Falls, S. D* South St, Paxil, Minn. Superior, Wis* Winona, Minn* DISTRICT NO. 10 - KANSAS CITY Albuquerque, N. M. Atchison, Kans* Bartlesville, Okla, Casper, Wyo* Cheyenne, Wyo* Colorado Springs, Colo, Denver, Colo, Enid, Okla, Fremont, Neb. Grand Junction, Colo, Guthrie, Okla, Hutchinson, Kans. Independence, Kans* Joplin, Mq , Kansas City, Kans, Kansas City, Mo* Lawrence, Kans* Lincoln, Neb. Muskogee, Okla, Oklahoma City, Okla, Okmulgee, Okla, NoteI 950 1,965 202 8,733 3,751 1,077 1,823 355 1,682 67,556 895 436 33,903 3,182 4,308 903 1,250 3,147 656 5,058 1,137 1,769 2,865 30,265 2,037 496 819 352 2,328 465 1,961 3,551 57,278 756 6,6 o4 1,768 18,686 564 DISTRICT NO. 10 - KANSAS CITY (Cont’d) 28,772 Omaha, Neb* 879 Pittsburg, Kans* 3,786 Pueblo, Colo, 5,489 St, Joseph, Mo, 3,371 Topeka, Kans, 32,272 Tulsa, Okla, 8,980 Wichita, Kans, DISTRICT NO. 11 - DALLAS Abilene, Tex. Austin, Tex* Beaumont, Tex, Corsicana, Tex* Dallas, Tex, El Paso, Tex, Fort Worth, Tex, Galveston, Tex, Houston, Tex, Port Arthur, Tex, Roswell, N. M, San Antonio, Tex, Shreveport, La, ■ Texarkana,Tex, (See also Ark,) Tucson, Ariz, Tyler, Tex, Waco, Tex, Wichita Falls, Tex, 1,877 9,730 5,035 602 46,383 5,720 15,891 5,361 41,157 2,459 966 13,460 8,676 893 2,783 2,866 2,730 3,381 DISTRICT NO. 12 - SAN FRANCISCO 3,877 Bakersfield, Calif. 1,605 Bellingham, Wash. 3,899 Berkeley, Calif, 3,451 Boise, Idaho 1,690 Eugene, Ore, 2,227 Everett, Wash* 6,307 Fresno, Calif, 7,457 Long Beach, Calif. 168,165 Los Angeles, Calif. 20,516 Oakland, Calif* 2,590 Ogden, Utah 5,956 Pasadena, Calif* Phoenix, Ariz* 9,723 32,698 Portland, Ore* Reno, Nev. 2,318 Sacramento, Calif. 23,452 Salem, Ore* 3,397 Salt Lake City, Utah 12,804 San Bernardino, Calif 2,548 San Diego, Calif. 11,775 San Francisco, Calif. 153,895 San Jose, Calif* 5,371 Santa Barbara, Calif. 2,611 Seattle, Wash, 40,757 Spokane, Wash, 9,332 Stockton, Calif* 3,834 Tacoma, Wash, 6,959 Walla Walla, Wash. 1,314 3,062 Yakima, Wash, Bank debits not previously reported for week ended April 6 , 1938* Charleston, S, C ,, 3,950? Pueblo, Colo,, 5,916.