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Form FR-285 For ^^mediate release STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System BANK DEBITS August 1, 1938# Debits to individual accounts, as reported by banks in leading cities for the week ended July 27, aggregated $6,918,000,000, or 15 percent below the total re ported for the preceding week and IV 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 $6,374,000,000, compared with $7,528,000,000 the preceding week and $7,743,000,000 the week ended July 28 of last year* SUMMARY BY FEDERAL RESERVE DISTRICTS (in thousands of dollars) W e e k e n d e d Number July 28, July 20, July 27, of centers 1937 1938 1938 included Federal Reserve District No. 1 — Boston 2 - New York 3 - Philadelphia 4 - Cleveland 5 — Richmond 6 - Atlanta 7 - Chicago 8 — St, Louis 9 - Minneapolis 10 - Kansas City 11 - Dallas 12 - San Francisco TOTAL 17 15 18 25 24 26 4l 16 17 28 18 29 274 376,130 3,115,183 329,678 431,880 230,589 182,815 929,370 196,887 134,290 255,791 171,733 563.530 6,917,876 461,4l6 3,70i;i91 381,885 465,965 264,617 222,753 1,054,575 241,817 144,967 317,835 210,587 693#520 8,161,128 3,828^31 378,453 564,585 260,753 189,622 1,179,107 226,582 153,365 317,503 194,293 634,123 8,370,988 DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars)__________ Week ended Week ended July 27# 1938 July 27, 1938 DISTRICT NO. 2 - NEW YORK (Cont*d) DISTRICT NO* 1 - BOSTON Northern New Jersey Bangor, Maine 2,967 Clearing House Ass’n 35,790 Boston, Mass. 234,951 Passaic, N« J . 4,731 Brockton, Mass. 2,758 Poughkeepsie, N. Y. 2,660 Burlington, Vt, 2,220 Rochester, N. Y. 22,972 Fall River, Mass. 3,766 Stamford, Conn. 3,315 Hartford, Conn. 37,458 Syracuse, N. Y# 15,307 Holyoke, Mass. 1,879 Utica, N. Y. 6,125 Lowell, Mass. 2,692 Lynn, Mass. 3,699 DISTRICT NO. 3 - PHILADELPHIA Manchester, N. H. 2,939 Allentown, Pa, 4,266 New Bedford, Mass# 3,034 Altoona, Pa. 2,079 New Haven, Conn. 14,427 Camden, N. J . 7,939 Portland, Maine 8,262 Chester, Pa* 2,517 Providence, R. I* 28,234 Harrisburg, Pa* 8,610 Springfield, Mass. 11,723 Hazleton, Pa. 2,750 Waterbury, Conn. 5,124 Johnstown, Pa* 2,668 Worcester, Mass. 9,997 Lancaster, Pa* 4,749 Lebanon, Pa* 1,252 DISTRICT NO. 2 - NEW YORK Norristown, Pa, 1,768 Albany, N. Y. 41,119 Philadelphia, Pa, 235,952 Binghamton, N. Y, 4,126 Reading, Pa, 6,194 Buffalo, N. Y. 41,906 Scranton, Pa. 8,624 Elmira, N. Y, 2,563 Trenton, N. J. 12,349 Jamestown, N. Y# 2,123 Wilkes-Barre, Pa, 4,529 Montclair, N. J , 2,694 Williamsport, Pa. 2,156 Newark, N. J . 58,450 Wilmington, Del. 17,065 New York, N, Y. 2,871,302 York, Pa* 4,211 Form FR-285-a DEBITS BY BANKS IN EACH REPORTING CENTER ____ (in thousands of donors) -Week 27, 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, — --7 Ohio Lorain, Ohio Ohio Middletown, v Oil City, Pa. Pittsburgh, Pa* Springfield, Ohio Steubenville, Ohio Toledo, Ohio Warren, Ohio Wheeling, W. Va* Youngstown, Ohio Zanesville. Ohio 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, fl. 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* WinstonrSalem, N. C. DISTRICT NO. 6 - ATLANTA Albany, Ga* Atlanta, Ga* Augusta,Ga, Birmingham, Ala* Brunswick, Ga* Chattanooga, Tenn* Columbus, Ga, Dothan, Ala, 11,542 1,739 5,994 57,043 103,925 37,589 11,299 5,279 599 1,191 2,312 560 3,860 2,698 1,062 2,147 2,099 136,318 3,284 2,304 22,203 1,777 5,240 8,l44 1,672 2,279 68,299 3,158 9,347 10,345 4,663 1,559 1,812 6,285 3,183 2,898 1,706 3,008 3,134 1,873 9 ,4 55 760 7,162 26,893 4,735 1,655 46,912 1,932 7,536 791 36,368 2,769 15,694 510 7,336 2,374 529 Week ended July 27, 1938 DISTRICT NO. 6 - ATLANTA (Cont*d) 171 Elberton, Ga. 862 Hattiesburg, Miss* 3.659 Jackson, Miss* 13,310 Jacksonville, Fla. 5,920 Knoxville, Tenn* 2,629 Macon, Ga* 1,599 Meridian, Miss* 5,740 Miami, Fla* 7.660 Mobile, Ala* 4,007 Montgomery, Ala, 16,025 Nashville, Tenn* 385 Newnan, Ga. 40,410 New Orleans, La* 1,724 Pensacola, Fla* 5,569 Savannah, Ga. 5,205 Tampa, Fla* 684 Valdosta, Ga* 885 Vicksburg, Miss. DISTRICT NO. 7 - CHICAGO Adrian, Midi. Aurora, 111* Battle Creek, Mich. Bay City, Mich. Bloomington, 111* Cedar Rapids, Iowa ChampaignrUrbana. 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* Mason City, I owe Milwaukee, Wis* 4via , Tl 1_ Moline 111. Muscatine, Iowa Oshkosh, Wis, Peoria, 111* Rockford, 111* Saginaw, Mich, Sheboygan, Wis. Sioux City,, Iowa South Bend, Ind. Springfield , 111. Terre Haute j Ind. Waterloo, Iowa T' 581 2,106 2,699 2,189 2,658 4,731 2,4l4 537,564 1,069 1,869 5,449 3,371 . 17,670 153,442 1,803 1,610 5,276 5,992 3,569 9,737 3,116 1,292 42,683 2,590 3,612 3,711 1,221 I,953 50,511 1,308 829 1,748 II,064 4,575' 3,9512,907 7,759 6,072 5,218 3,979 3,470 Form FR-285-b DEBITS BY BAMS IN EACH REPORTING CENTER (In thousands of dollars)_______ Week ended July 27, 1938 Week ended July 27, 1938 DISTRICT NO, 8 - ST. LOUIS East St, Louis & Nat’l Stock Yards, 111, ' 7,481 Eldorado, Ark, 1,274 Evansville, Ind, 5*755 Fort Smith, Ark, 2,345 Greenville, Miss, 611 Helena, Ark, 259 Little Rock, Ark, 6,355 Louisville, Ky, 31,291 Memphis, Tenn, 18,642 Owensboro, Ky, 1,133 Pine Bluff, Ark, 1,299 Quincy, 111, 1,490 St, Louis, Mo, 115,200 Sedalia, Mo, 358 Springfield, Mo, 2,722 Texarkana, Ark,(See also Tex,) 672 DISTRICT NO. 9 - MINNEAPOLIS Aberdeen, S. D. Billings, 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, Paul, Minn, Superior, Wis, Winona, Minn, 1,212 2,223 217 8,475 3,763 1,066 2,464 351 1,727 68,845 763 369 32,241 3 /1 5 5,169 863 1,127 DISTRICT NO. 10 - KANSAS CITY Albuquerque, N. M. 2,993 778 Atchison, Kans, Bartlesville, Okla, 6,793 1,187 Casper, Wyo. 1,659 Cheyenne, Wyo. 4,357 Colorado Springs, Colo. 32,306 Denver, Colo. 3,843 Enid, Okla. 582 Fremont, Neb. 676 Grand Junction, Cold. 344 Guthrie, Okla, 3,476 Hutchinson, Kans. 621 Independence, Kans, 1,905 Joplin, Mo, 3,060 Kansas City, Kans, 77,755 Kansas City, Mo, 730 Lawrence, Kans, 5,965 Lincoln, Neb, 1,680 Muskogee,, Okla. 18,968 Oklahoma City, Okla. 520 Okmulgee, Okla. DISTRICT NO. 10 - KANSAS CITY (Cont’d) Omaha, Neb. 32,368 Pittsburg, Kans. 769 Pueblo, Colo, 2,666 St, Joseph, Mo. 6,592 Topeka, Kans, 4,270 Tulsa, Okla. 27,052 Wichita, Kans. 11,876 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. 1,501 5,387 5,681 629 46,582 4,703 17,373 5,653 46,502 2,273 862 14,072 9,398 836 2,234 2,475 2,320 3,252 DISTRICT NO. 12 - SAN FRANCISCO 3,649 Bakersfield, Calif. I,303 Bellingham, oexxxngliauij Wash. tiacm. 3,677 Berkeley. Calif. Berkeley, 4,131 Boise, Idaho 1,396 Eugene, Ore. 1,472 Everett, Wash. 6,147 Fresno, Calif. 7,715 Long Beach, Calif. 182,855 Los Angeles,Calif. 20,007 Oakland, Calif. 2,752 Ogden, Utah 5,410 Pasadena,Calif. 8,595 Phoenix, Ariz. Portland, Ore. 31,993 2,351 Reno, Nev. Sacramento, Calif. 18,625 3,360 Salem, Ore# II,500 Salt Lake City, Utah San Bernardino, Calif# 2,383 10,382 San Diego, Calif, 164,828 San Francisco, Calif, 4,706 San Jose, Calif. 2,310 Santa Barbara, Calif. 37,837 Seattle,Wash, 8,896 Spokane, Wash. Stockton, Calif, 4,433 6,741 Tacoma,Wash, Walla, Walla, Wash, 1,673 Yakima,Wash. 2,403