Full text of G.6 Bank Debits and Deposit Turnover : April 2, 1938

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Foim FEK285

STATEMENT FOR THE PRESS
Board of Governors
of the Federal Reserve System
BANK DEBITS
Apri.1 2, 1938

For immediate release

Debits to individual accounts , as reported by banks in leading cities for the
week ended March 30, aggregated $7,146,000,000, or 7 percent below the total re­
ported for the preceding week and 24 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 $6 , 575 , 000, 000, compared with $7,014,000,000
the preceding week and $8,689,000,000 the week ended March 31 of last year.
SUMMARY BY FEDERAL RESERVE DISTRICTS

274

f t

TOTAL

to
! • r\'

Federal
Number
Reserve
of centers
District
included
No, 1 - Boston
17
2 - New York
15
18
3 - Philadelphia
4 - Cleveland
25
24
5 - Richmond
26
6 - Atlanta
4l
7 - Chicago
16
8 - St. Louis
17
9 — Minneapolis
28
10 - Kansas City
18
11 - Dallas
12 — San Francisco
29

412,797
3,099,011
355,563
423,585
237,059
216,267
1,179,537
197,982
116 ,311
213,200
166,591
528,155
7,146,058

DEBITS BY BANKS IN EACH
Jn thousands of
Week ended
Mar. 30, 1938
DISTRICT NO. 1 - BOSTON
Bangor, Maine
2,600
Boston, Mass.
277,667
Brockton, Mass.
2,875
1,864
Burlington, Vt.
3,470
Fall River, Mass.
36,863
Hartford, Conn*
Holyoke, Mass.
2,055
Lowell, Mass.
2,831
3,654
Lynn, Mass.
2,906
Manchester, N. H,
New Bedford, Mass,
3,115
12,920
New Haven, Conn.
7,106
Portland, Maine
24,545
Providence, R. I.
12,972
Springfield, Mass,
Waterbury, Conn.
4,979
Worcester, Mass*
10,375
STRICT 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.




42,838
3,773
46,105
2,628
2,134
2,937
71,678
2,834,828

We e k e n d e d
Mar. 23,
Mar. 31,
1938
1937
492,156
418,997
3,446,554
4,150,751
371,734
458,712
580,261
449,459
259,065
282,421
230,451
219,023
1,022,963
1,668,383
211,149
243,539
133,591
139,380
243,952
■271,266
202,676
181,125
634,999
667,007
7,614,162

9,365,452

REPORTING CENTER
dollars)_________
Week ended
Mar. 30, 1938
DISTRICT NO. 2 - NEW YORK (Cont«d)
Northern New Jersey
Clearing House Ass*n
36,097
Passaic, N. J.
5,128
Poughkeepsie, N. Y,
2,598
Rochester, N. Y,
22,561
Stamford, Conn*
3,140
Syracuse, N. Y,
16,322
Utica, N. Y,
6,244
DISTRICT NO. 3 - PHILADELPHIA
Allentown, Pa#
4,483
Altoona, Pa,
1,887
Camden, N. J.
7,816
Chester, Pa,
2,227
Harrisburg, Pa,
10,297
Hazleton, Pa,
2,l40
Johnstown, Pa,
2,623
Lancaster, Pa,
5,437
Lebanon, Pa,
1,312
Norristown, Pa,
1,939
Philadelphia, Pa.
258,397
Reading, Pa,
7,o4o
Scranton, Pa.
8,873
Trenton, N. J,
10,606
Wilkes-Barre, Pa*
4,575
Williamsport, Pa*
1,900
Wilmington, Del,
19,237
York, Pa,
4,774

Forn FRr-285**a

DEBITS BY BANKS IN EACH REPORTING CENTER
(In thousands of dollars)_________
Week ended
Week ended
Mar.
30> 1938
Mar. 30, 1938
DISTRICT IK). 6 - ATLANTA (Cont!d)
DISTRICT NO. A - CLEVELAND
212
Elberton, Ga.
11,956
Akron, Ohio
860
Hattiesburg, Miss,
Butler, Pa.
1,673
6,187
Jackson, Miss.
5,558
Canton, Ohio
16,563
Jacksonville, Fla,
65,718
Cincinnati, Ohio
5,634
Knoxville, Tenn.
98,326 ,
Cleveland, Ohio
2,863
Macon, Ga.
31,666
Columbus, Ohio
1,821
Meridian, Miss.
12,914
Dayton, Ohio
9,477
Miami, Fla.
Erie, Pa.
5,163
7,447
Mobile, Ala.
Franklin, Pa.
445
3,914
Montgomery, Ala.
1,916
Greensburg, Pa.
15,939
Nashville, Tenn*
2,023
Hamilton, Ohio
626
Newnan, Ga.
Home!stead. Pa.
591
45,194
New Orleans, La,
3,687
Pensacola, Fla,
1,565
3,0-45
6,967
Savannah, Ga.
1,070
6,115
Tampa, Fla«
1,912
823
Valdosta,
Ga.
2,259
1,539
Vicksburg,
Miss*
129,647
3,300
DISTRICT NO. 7 - CHICAGO
2,019
Adrian, Mich.
573
21,332
2,118
Aurora, 111*
1,610
2,507
Battle Creek, Mich,
5,940
1.887
Bay
City,
Mich.
8,360
3,676
Bloomington, 111,
1,4-55
5,071
Cedar Rapids, Iowa
2,791
Champaignr-Urbana,
111#
DISTRICT NO. 5 - RICHMOND
759,958
Chicago,
111,
2,467
Asheville, N. C*
1,054
Clinton, Iowa
68,088
Baltimore, Md.
2,178
Danville,
111,
Charleston, S. C.
3,537
4,183
Davenport,
Iowa
Charleston, W. Va,
10,367
3,520
Decatur, 111,
10,60-4
Charlotte, N. C.
26,546
Des
Moines,
Iowa
Columbia, S. C.
4,625
179,128
Detroit, Mich.
Cumberland, Md.
1,459
1,819
Dubuque,
Iowa
1,597
Dainville, Va.
I,559
Elgin,
111,
5,6-47
Durham, N. C.
-4,870
Flint,
Mich.
Greensboro, N. C.
3,44L
5.888
Fort
Wayne,
Ind.
Greenville, S. C.
3,237
2,863
Gary,
Ind.
Hagerstown, Md.
1,705
9,146
Grand Rapids, Mich,
3,228
Huntington, W. Va*
3,028
Green
Bay,
Wis.
Lynchburg, Va.
2,903
1,326
Hammond,
Ind.
Newport News, Va.
1,713
Indianapolis,
Ind,
35.773
9,570
Norfolk, Va.
2,634
Jackson, Mich.
Portsmouth, Va.
869
4,059
Kalamazoo, Mich.
Raleigh, N. C.
9,151
3,848
Lansing, Mich,
29,157
Richmond, Va,
1,172
Manitowoc, Wis,
4,490
Roanoke, Va.
1,94S
Mason City, Iowa
Spartanburg, S.C*
1,745
48,940
Milwaukee,
Wis*
47,468
Washington, D. C.
1,535
Moline, 111,
Wilmington, N. C.
2,293
709
Muscatine,
Iowa
7,698
Winstonr-Salem, N. C.
2,102
Oshkosh, Wis*
II,194
Peoria, 111.
DISTRICT NO. 6 - ATLANTA
5,344
Rockford,
111
1,230
Albany, Ga,
3,580
SarinawMict
49,188
Atlanta, Ga,
3,704
Sheboygan, Uis,
Augusta, Ga*
3,465
7,199
Sioux
City,
Iowa
Birmingham, Ala.
16,417
6,947
South Bend, Ind.
627
Brunswick, Ga,
5,098
Springfield,
111#
8,434
Chattanooga, Tenn,
3,882
Terre
Haute,
Ind,
2,460
Columbus, Ga,
3,680
Waterloo,
Iowa
700
Dothan, Ala,




Form FR-285-b

DEBITS BY BANKS IN EACH REPORTING CENTER
(in thousands of dollars)________ _
Week ended
Week ended
Mar.
30, 1938
Mar. 30, 1938
DISTRICT
3XKJ.UT NO.
NU. 10
± - KANSAS CITY (Cont’d)
DISTRICT NO. 8 - ST. LOUIS
27,2 77
Omaha, Neb.
East St, Louis & Ilatil
721
Pittsburg, Kans.
Stock Yards, 111.
6,664
2,067
Pueblo,
Colo.
Eldorado, Ark.
1»335
4,730
St. Joseph, Mo,
Evansville, Ind.
5,843
3,158
Topeka,
Kans.
Fort Smith, Ark.
2,159
22,669
Tulsa,
Okla,
Greenville, Miss,
84l
8,121
Wichita, Kans,
Helena, Ark.
332
Little Rock, Ark.
9,301
DISTRICT NO. 11 - DALLAS
Louisville, Ky.
29,202
Abilene, Tex.
1,791
Memphis, Tenn,
22,379
Austin,
Tex.
6,178
Owensboro, Ky,
1,139
Beaumont, Tex.
5,492
Pine Bluff, Ark.
1>277
Corsicana, Tex,
747
Quincy, 111.
1)430
Dallas,
Tex,
45,409
St. Louis, Mo.
111,400
El Paso, Tex,
5,069
Sedalia, Mo.
4ll
Fort
Worth,
Tex,
15,835
Springfield, Mo,
2,635
Galveston, Tex.
4,817
Texarkana,Ark.(See also Tex.) 1,634
Houston, Tex.
42,221
Port Arthur, Tex,
1,912
DISTRICT NO. 9 - MINNEAPOLIS
Roswell,
N,
M,
733
Aberdeen, S. D.
826
San
Antonio,
Tex.
14,570
Billings, Mont,
1,568
Shreveport, La.
9,457
Dickinson, N. D.
206
Texarkana,
Tex.
Duluth, Minn.
6,887
(See also Ark.)
950
Fargo, N. D.
3,659
Tucson,
Ariz.
2,268
Grand Forks, N. D.
973
Tyler, Tex,
2,557
Helena, Mont.
1,717
Waco,
Tex.
2,733
Jamestown, N. D.
276
Wichita
Falls,
Tex.
3,852
La Crosse, Wis.
1,680
Minneapolis, Minn.
59,349
DISTRICT NO. 12 - SAN FRANCISOT
Minot, N. D.
628
3,583
Bakersfield, Calif,
Red Wing, Minn,
369
1,392
Bellingham,
Wash,
St. Paul, Minn.
28,080
3,398
Berkeley, Calif,
Sioux Falls, S. D,
3,251
2,925
Boise, Idaho
South St. Paul, Minn.
4,515
1,380
Eugene, Ore.
Superior, Wis,
931
I,725
Everett,
Wash,
Winona, Minn.
1,396
5,285
Fresno, Calif.
7,289
Long
Beach,
Calif,
DISTRICT NO. 10 - KANSAS CITY
165,837
Los
Angeles,
Calif.
Albuquerque, N. M.
2,695
17,644
Oakland, Calif.
Atchison, Kans.
532
2,482
Ogden,
Utah
Bartlesville, Okla.
4,523
5,010
Pasadena,
Calif.
Casper, Wyo.
872
9,506
Phoenix,
Ariz}.
Cheyenne, Wyo.
1,372
30,561
Portland, Ore.
Colorado Springs, Colo.
3,948
1,930
Reno,
Nev.
Denver, Colo.
29,497
30,896
Sacramento,
Calif.
Enid, Okla.
2,021
3,366
Salem, Ore.
Fremont, Neb.
521
II,064
Salt Lake City, Utah
Grand Junction, Colo,
647
2,305
San Bernardino, Calif.
Guthrie, Okla.
356
8,719
San
Diego,
Calif.
Hutchinson, Kans.
2,544
150,540
San
Francisco,
Calif,
Independence, ^ans.
422
4,557
San Jose, Calif,
Joplin, Mo,
l»&4l
2,071
Santa
Barbara,
Calif.
Kansas City, Kans.
2,740
34,940
Seattle,
Wash.
Kansas City, Mo.
59,635
7,419
Spokane, Wash.
Lawrence, Kans.
522
3,468
Stockton,
Calif.
Lincoln, Neb,
5,194
5,786
Tacoma,
Wash.
Muskogee, Okla.
1,675
961
Walla
Walla,
Wash.
Oklahoma City, Okla.
22,126
2,116
Yakima, Wash,
Okmulgee, Okla.
774