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Form FR-285 For STATEMENT FOR THE PRESS release BANK DEBITS Board of Governors of the Federal Reserve System February 14, 1938 Debits to individual accounts, as reported by banks in leading cities for the week ended February 9, aggregated $>6,429,000,000, or 21 percent below the total reported for the preceding week and 55 percent below the total for the correspond*” ing week of last year. Aggregate debits for the l4l cities for which a separate total has been main tained since January 1919 amounted to $5,862,000,000, compared with $7,511,000,000 the preceding week and $7,968,000,000 the week ended February 10 of last year. SUMMARY BY FEDERAL RESERVE DISTRICTS en d e d 1 e e k Feb. 10, Feb. 2, 1938 1937 491,341 465,137 4,255,109 3,679,525 388,888 407,217 506,668 511,917 284,046 271,477 222,804 212,278 1,103,090 1,103,173 206,834 223,739 142,542 132,220 245,792 233,467 196,428 168,765 633,290 648,582 8,141,814 8,592,515 DEBITS BY BANKS IN EACH REPORTING CENTER (in thousand.s of dollars)_________ Week ended Week ended Feb. 9, 1938 Feb. 9, 1938 DISTRICT NO. 2 - NEW YORK (Cont’d) DISTRICT NO. 1 - BOSTON Bangor, Maine Northern New Jersey 2,813 29,4-39 dealing House Assn. Boston, Mass. 232,394 5,000 Brockton, Mass. 3,281 Passaic, N. J. 1,946 3,127 Poughkeepsie, N. Y. Burlington, Vt. 25,015 3,446 Fall River, Mass. Rochester, N. Y. 39,468 3,613 Hartford, Conn. Stanford, Conn, 16,733 2,415 Holyoke, Mass. Syracuse, N. Y. 6,131 3,058 Lowell, Mass. Utica, N. Y. 3,816 Lynn, Mass. 2,921 DISTRICT NO. 3 - PHILADELPHIA Manchester, N. H. -4,4-77 2,831 New Bedford, Mass. Allentown, Pa. 2,323 15,236 New Haven, Conn. Altoona, Pa. 8,529 7,045 Portland, Maine Camden, N. J. 2,537 25,098 Providence, R. I. Chester, Pa. 7,675 12,034 Springfield, Mass. Harrisburg, Pa. 2,474 5,582 Hazleton, Pa. Waterbury* Conn. 3,127 9,808 Worcester, Mass, Johnstown, Pa. -4,236 Lancaster, Pa. 1,335 STRICT NO. 2 - NEW YORK Lebanon, Pa. 2,165 Norristown, Pa. Albany, N. 1. 36,035 240,687 4,811 Binghamton, N. Y. Philadelphia, Pa.6,095 Reading, Pa. Buffalo, N. Y. 45,717 9,1-43 Elmira, N. Y. Scranton, Pai 2,765 13,600 Trenton, N. J, Jamestown, N. Y. 2,237 4,011 Wilkes-Barre, Pa. Montclair, H. J. 4,107 2,129 Williamsport, Pa. Newark, N. J. 62,510 16,417 Wilmington, Del. New York, N. Y. 2,490,865 3,766 York, Pa. Federal Number Reserve of centers District included No. 1 - Boston 17 2 - New York 15 3 - Philadelphia 18 4 - Cleveland 25 '5 - Richmond 24 6 - Atlanta 26 7 - Chicago 4l 8 - St. Louis 16 9 - Minneapolis 17 10 - Kansas City 28 11 - Dallas 18 12 - San Francisco 29 274 TOTAL Feb. 9, 1938 373,192 2,738,105 334,726 414,313 238,470 207,293 861,385 193,028 121,774 210,869 174,267 561,830 6,429,252 Form Fft-285-a DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars)_______ ,_ Week ended Week ended Feb. 9, 1938 Feb. 9, 1938 DISTRICT NO. 6 - ATLANTA (Cont’d) DISTRICT NO. 4 - CLEVELAND Elberton, Ga. 3-98 11,316 Akron, Ohio Hattiesburg, Miss. 987 1,340 Butler, Pa* Jackson, Miss. 5,647 6,051 Canton, Ohio Jacksonville-, Fla. 15,988 65,724 Cincinnati, Ohio Knoxville, Tenn. 6,285 96,187 Cleveland, Ohio Macon, Ga. 2,777 29,925 Columbus, Ohio Meridian, Miss* 2,197 12,089 Dayton, Ohio Miami, Fla. 9,664 6,153 Erie, Pa* Mobile, Ala. 8,600 650 Franklin, Pa. Montgomery, Ala. -4,886 1,256 Greensburg, Pa* Nashville, Tenn. 15,293 2,219 Hamilton, Ohio Neuman, Ga. 3-48 690 Homestead, Pa. New Orleans, La. 4-5,912 7,004 Lexington, Ky. Pensacola, Fla. 1,622 3,308 Lima, Ohio Savannah, Ga. 5,650 937 Lorain, Ohio Tampa, Fla. 6,354 1,779 Middletown, Ohio Valdosta,Ga. 792 Oil City, Pa. 2,039 Vicksburg, Miss. 1,849 122,226 Pittsburgh, Pa* Springfield, Ohio 3,649 DISTRICT NO. 7 - CHICAGO Steubenville, Ohio 1,619 Adrian, Mich. 674Toledo, Ohio 21,020 Aurora, 111* . 2,311 ' Warren, Ohio 1,615 Battle Creek, Mich. 2,526 Wheeling, W. Va. 5,686 Bay City, Mich. 2,085 Youngstown, Ohio 7,742 Bloomington, 111. 2,323 Zanesville, Ohio 1,589 Cedar Rapids, Iowa 4,516 Champaignr-Urbana, 111. 2,663 DISTRICT NO. 5 - RICHMOND Chicago, 111. 4-96,918 Asheville, N. C. 2,437 Clinton, Iowa 1,068 Baltimore, Md. 65,520 Danville, 111. 1,984 3,572 Charleston, S. C. Davenport, Iowa 3,959 10,030 Charleston, W. Va. Decatur, 111. 3,140 10,540 Charlotte, N. C. Des Moines, Iowa 18,774 4,712 Columbia,S. C. Detroit, Mich. 130,811 1,472 Cumberland, Md. Dubuque, Iowa 1,696 1,721 Danville, Va* Elgin, 111. 1,315 5,626 Durham, N. C. Flint, Mich. 4,844 3,794 Greensboro, N. C. Fort Wayne, Ind. 6,710 3,475 Greenville, S. C. Gary, Ind. 3,002 1,592 Hagerstown, Md. Grand Rapids, Mich. 9,597 3,455 Huntington, W. Va. Green Bay, Wis. 3,037 3,094 Lynchburg, Va. Hammond, Ind. 1,281 1^,668 Newport News, Va. Indi anapoli s, Ind. 36,966 10,098 Norfolk, Va. Jackson, Mich. 2,851 817 Portsmouth, Va* Kalamazoo, Mich. 3,544 8,438 Raleigh, N. C. Lansing, Mich. 3,618 27,938 Richmond, Va. Manitowoc, Wis. 1,206 5,039 Roanoke, Va. Mason City, Iowa 2,015 2,080 Spartanburg,S. C. Milwaukee, Wis* 52,708 51,143 Washington, D. C. Moline, 111* 1,735 2,314 Wilmington, N. C. Muscatine, Iowa 517 Winston-Salem, N. C. 7,895 Oshkosh, Wis* 1,766 Peoria, 111* 10,820 DISTRICT NO. 6 - ATLANTA Rockford, 111* -4,866 1,001 Albany, Ga. Saginaw, Mich. 3,776 39,848 Atlanta, Ga. Sheboygan, Wis* 2,643 Augusta, Ga. 3,239 Sioux City, Iowa 7 ,434Birmingham, Ala. 15,663 South Bend, Ind, 7,785 Brunswick, Ga. 600 Springfield, 111* 4,794 Chattanooga, Tenn. 8,455 Terre Haute, Ind, 3,765 Columbus, Ga* 2,860 Waterloo, Iowa 3,342 578 Dothan, Ala. Fora FR-285-b DEBITS BY BANKS IN EACH REPORTING CENTER fin thousands of dollars) _______ _ Week ended Week ended Feb. 9 , 1938 Feb. 9, 1938 DISTRICT NO. 10 - KANSAS CITY (Cont'd) DISTRICT NO. 8 - ST. LOUIS 27,776 Omaha, Neb, East St. Louis & Nat*l 822 Pittsburg, Kans, 6,5^4 Stock Yards, 111* 4,055 Pueblo, Colo. 1,101 Eldorado, Ark. St. Joseph, Mo. 4,983 5,155 Evansville, Ind. 4,379 Topeka, Kans. 2,482 Fort Smith, Ark. 19,751 Tulsa, Okla. 1,379 Greenville, Miss. 9,004 Wichita, Kans. 380 Helena, Ark. 6,969 Little Rock, Ark. DISTRICT NO. 11 - DALLAS 31,990 Louisville, Ky. 2,183 Abilene, Tex. 24,244 Memphis, Tenn. 7,280 Austin, Tex. 1,580 Owensboro, Ky. 4,661 Beaumont, Tex. 1,819 Pine Bluff, Ark. 900 Corsicana, Tex. 1,488 Quincy, 111. 46,661 Dallas, Tex. 103,300 St. Louis, Mo. 6,458 El Paso, Tex. 1,183 Sedalia, Mo. 16,437 Fort Worth, Tex. 2,748 Springfield, Mo. 5.577 Galveston, Tex. Texarkana,Ark.(See also Tex.) 666 43,911 Houston, Tex. 2,522 Port Arthur, Tex. STRICT NO. 9 - MINNEAPOLIS DISTRICT 743 Roswell, N. M. 945 Aberdeen,. ft S.. D. i4,o4o San Antonio, Tex. 1,651 Billings, Mont. 9,641 Shreveport, La. 220 Dickinson, N. D. Texarkana, Tex* 7,739 Duluth, Minn. 1,050 (See also Ark.) 3,503 Fargo, N. D, 2,705 Tucson, Ariz. 804 Grand Forks, N. D. 2,743 Tyler, Tex. 1,984 Helena, Mont. 2,993 Waco, Tex. 284 •Tnmestown. N. D« 3,762 Wichita. Falls, Tex. 1,628 59,589 DISTRICT NO. 12- SAN FRANCISCO ' 731 Minot, N. D. 3,677 Bakersfield, Calif. 398 Red Wing, Minn.. 1,416 , Bellingham, Wash. 32,498 St. Paul, Minn. 4.578 Berkeley, Calif. 3,398 Sioux Falls, S. D. 3,451 Boise, Idaho 4,111 South St. Paul, Minn. 1.231 Eugene, Ore. 869 Superior, U s . 1,524 Everett, Wash. 1,422 Winona, Minn. 6.579 Fresno, Calif. 7,425 Long Beach, Calif. DISTRICT NO. 10 - KANSAS CITY 176,252 3,089 Los Angeles, Calif. Albuquerque, N. M. 19,914 Oakland, Calif. 647 Atchison, Kans. 4,327 4,178 Ogden, Utah Bartlesville, Okla. 6,238 1,162 Pasadena, Calif* Casper, Wyo. 9,775 1,612 Phoenix, Ariz. Cheyenne, Wyo. 30,112 Portland, Ore. 2,143 Colorado Springs, Colo. 1,893 28,132 Reno, Nev. Denver, Colo. 46,264 Sacramento, Calif. 2,171 Enid, Okla. 3,440 Salem, Ore, 519 Fremont, Neb. 12,752 Salt Lake City, Utah 795 Grand Junction, Colo. 3,065 San Bernardino, Calif. 368 Guthrie, Okla. 10,338 San Diego,' Calif. 2,413 Hutchinson, Kans. 142,741 594 San Francisco, Calif. Independence, Kans. 4,516 1,969 San Jose, Calif. Joplin, Mo. 2,162 3,482 Santa Barbara, Calif* .Kansas City, Kans. 35,902 Seattle, Wash. 56,555 Kansas City, Mo. 7,814 776 Spokane, Wash. Lawrence, Kans. 3,9 48 5,421 Stockton, Calif* Lincoln, Neb. 7,135 1,543 Tacoma, Wash. Muskogee, OKLa. 1,129 22,023 Walla Walla, Wash. Oklahoma City, Okla. 2.232 507 Yakima,Wash. Okmulgee, Okla.