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STATEMENT FOR THE PRESS Form FR—285 BANK DEBITS For immediate release Board of Governors of the Federal Reserve System August 8, 1938 Debits to individual accounts, as reported by banks in leading cities for the week ended August 3 , aggregated $7,612,000,000, or 10 percent above the total re ported for the preceding week and 15 percent below the total for the corresponding week of last year • Aggregate debits for the l4l cities for which a separate total has been mainr tained since January 1919 amounted to #6,983,000,000, compared with $6,374,000,000 the preceding week and $8,23-4,000,000 the week ended August 4 .of last year, Federal Reserve District No, 1 2 3 4 5 6 7 8 9 10 11 12 - Boston - New York - Philadelphia - Cleveland - Richmond - Atlanta - Chicago - St, Louis - Minneapolis - Kansas City - Dallas - San Francisco TOTAL SUMMARY BY FEDERAL RESERVE DISTRICTS V1 U l 1 1 IIU Week end e d Number Aug. 4 , 1 July 27 , Aug. 3, of centers 1937 1 1938 1938 included 468,6o4 376,130 423>107 17 3,991,586 3,115,183 3,296,018 15 1 * II s A06.AA6 329,678 382,129 18 M _ 1^ 659,463 431,880 461,449 25 299,498 230,589 285,756 24 222,355 182,815 244,496 26 929,370 1,276,533 4l 1,057,725 241,508 196,887 16 211,819 167,502 134,290 154,789 17 317,717 255,791 265,532 28 192,794 179,072 18 171,733 691,693 563,530 650,370 29 _ 274 7,612,262 6,917,876 ^ X 8,935,699 DEBITS BY BANKS IN EACH REPORTING CENTER (in thousands of dollars)________ Week ended Week ended Aug. 3 , 1938 Aug. 3, 1938 DISTRICT NO. 2 - NEW YORK (Cont’ d) DISTRICT HO. 1 - BOSTON Northern New Jersey Bangor, Maine 3,2-43 39,078 Clearing House Ass’n Boston, Mass. 272,7-43 5,021 Passaic, N. J. Brockton, Mass. 3>429 3,31? Poughkeepsie, N. Y, Burlington, Vt. 2,397 26,334 Rochester, N. Y. Fall River, Mass. 3>606 4,112 Stamford, Conn. Hartford, Conn, 41,497 17,817 Syracuse, N. Y. Holyoke, Mass. 2,143 8,597 Utica, N. Y. Lowell, Mass. 2,918 Lynn, Mass. 3>796 DISTRICT NO. 3 - PHILADELPHIA Manchester, N. H. ' 3,271 5,839 Allentown, Pa. New Bedford, Mass. 3,802 2,030 Altoona, Pa. New Haven, Conn. 15,979 9,939 Camden, N. J . Portland, Maine 8,084 2,557 Chester, Pa, Providence, R. I . 27,168 8,4l6 Harrisburg, Pa, Springfield, Mass. 13,-426 3,605 Hazleton, Pa, Waterbury, Conn. 5,54l 4,032 Johnstown, Pa. Worcester, Mass. 10,064 4,936 Lancaster, Pa. 1,509 Lebanon, Pa. DISTRICT NO. 2 - NEW YORK 2,443 Norristown, Pa, Albany, N. Y. 35,112 269,357 Philadelphia, Pa, Binghamton, N. Y. 5,226 7,510 Reading, Pa. Buffalo, N. Y. 50,605 11,028 Scranton, Pa. Elmira, N. Y. 2,791 15,761 Trenton, N. J . Jamestown, N. Y. 2,582 5,166 Wilkes-Barre, Pa# Montclair, N. J . 3,650 2,541 Williamsport, Pa« Newark, N. J . ' 74,037 20,207 Wilmington, Del. New York, N. Y. 3,017,737 York, Pa, 5,253 Form FR-28^-a DEBITS BY BANKS IN EACH REPORTING CENTER (in thousands of dollars)______ Week ended Aug. 3 , 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 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. Winston-Salem, N. C. DISTRICT NO* 6 - ATLANTA Albany, Ga* Atlanta, Ga* Augusta, Ga, Birmingham, Ala* Brunswick, Ga* Chattanooga, Tenn. Columbus, Ga. Dothan, Ala* 12,284 1,947 6,390 65,582 112,067 35,320 12,470 6,383 550 2,187 2,344 924 4 ,3 *1 2,993 1,017 1,811 2,143 139,866 3,567 1,857 27,269 1,441 6,123 9,067 1,506 2,703 83,579 3,224 10,735 11,635 5,469 1,705 1,808 7,711 3,788 4,229 1,765 3,271 4,865 1,795 11,832 863 12,208 34,768 5,562 1,81.4 59,846 2,227 8,354 805 35,264 2,982 20,097 521 8,912 2,845 472 Week ended Aug* 3, 1938 DISTRICT NO. 6 - ATLANTA (Cont*d) 221 Elberton, Ga. 1,163 Hattiesburg, Miss. 9,743 Jackson, Miss, 13,995 Jacksonville, Fla* 6,420 Knoxville, Tenn* 2,771 Macon, Ga* 2,355 Meridian, Hiss* 6,281 Miami, Fla* 8,282 Mobile, Ala* 4,204 Montgomery, Ala, 17,227 Nashville, Tenn* 430 Newnan, Ga, 82,251 New Orleans, La. 2,032 Pensacola, Fla, 6,058 Savannah, Ga* 5,852 Tampa, Fla* 2,102 Valdosta, Ga* 1,211 Vicksburg, Miss* DISTRICT NO* 7 - CHICAGO Adrian, Mich, Aurora, 111* Battle Creek, Mich, Bay City, Mich. Bloomington, II" Cedar Rapids, I 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, Iowa Milwaukee, Wis* Moline, 111* Muscatine, Iowa Oshkosh, Wis* Peoria, 111* Rockford, 111* Saginaw, Mich. Sheboygan, Wis* Sioux City, Iowa South Bend, Ind, Springfield, 111* Terre Haute, Ind. Waterloo, Iowa 646 2,318 2,975 2,288 2,783 5,1>3 3,334 632,627 1,150 2,118 5,229 3,547 20,4 38 161,815 2,097 1,456 5-,090 6.685 2,392 11,186 3,494 1,610 46,177 3,043 4.272 3,949 1,277 2,079 58,629 1.686 786 1,986 13,086 4,736 4,424 2,905 7,718 7.273 5,441 4,074 3,773 Form FRr-285—b DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars)_______ Week ended Aug. 3, 1938 Week ended Aug. 3* 1938 DISTRICT NO. 8 - ST. LOUIS East St, Louis & Nat*l 7,961 Stock Yards, 111. 1,194 Eldorado, Ark. 6,608 Evansville, Ind. 2,319 Fort Smith, Ark, 936 Greenville, Miss, 326 Helena, Ark. 6,848 Little Rock, Ark. 31,642 Louisville, Ky. 24,628 Memphis, Tenn. 1,160 Owensboro, Ky. 1,324 Pine Bluff, Ark. 1,680 Quincy, 111# 121,200 St. Louis, Mo. 385 Sedalia, Mo. 3,042 Springfield, Mo. 566 Texarkana,Ark.(See also Tex.) 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. Minneapoli s, Minn. Minot, N. D. Red Wing, Minn. St. Paul, Minn. Sioux Falls, S. D. South St, Paul, 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, Mo. Kansas City, Kans. Kansas City, Mo* Lawrence, Kans. Lincoln, Neb. Muskogee, Okla* Oklahoma City, Okla. Okmulgee, Okla* 1,520 2,234 177 8,791 3,911 1,315 2,612 320 1,775 75,434 858 392 43,309 3,1^0 5,657 1,036 2,308 3,898 881 4,846 1,420 2,256 2,947 42,821 3,306 701 715 363 3,235 672 1,657 3,129 76,479 897 6,984 1,632 22,919 483 DISTRICT NO. 10 - KANSAS CITY (Cont’d) 33,469 Omaha, Neb. 725 Pittsburg, Kans* 3,121 Pueblo, Colo. 6,076 St, Joseph, Mo* 5,039 Topeka, Kans* 22,940 Tulsa, Okla, 11,921 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, 1,796 7,497 4,511 556 49,544 5,620 17,498 5,353 49,060 1,612 898 14,399 9,068 824 2,086 2,591 3,011 3,148 DISTRICT NO. 12 - SAN FRANCISCO 3,91.6 Bakersfield, Calif* 1,416 Bellingham, Wash. 3,958 Berkeley, Calif. 4,569 Boise, Idaho 1,431 Eugene, Ore. I,541 Everett, Wash* 7,104 Fresno, Calif* 7,836 Long Beachj Calif* 187,477 Los Angeles Calif* 22,610 Oakland, Ct____ 5,537 Ogden, Utah 5,524 , Calif* 4J Pasadena, V * _ 10,062 Phoenix, AriZc 34,606 Portland, Ore* 2,769 Reno, Nev. 46,457 Sacramento, Calif. 3,668 Salem, Ore. 14,782 Salt Lake City, Utah 3,081 San pemax'cuin Calif. oan Bernardino, II,792 San Diego, Calif* CaJ 195,121 , Calif. San Francisco, uaj.ii* 5,168 San Jose, Calif* 2,613 Santa Barbara, Calif* 41,901 Seattle, Wash. 9,270 Spokane, Wash, 4,527 Stockton, Calif* 7,456 Tacoma, Wash. 1,575 Walla Walla, Wash* 2,583 Yakima, Wash.