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Form FR-285
For Immediate release

(STATEMENT FOR THE PRESS
BANK DEBITS

Board of Governors
of the Federal Reserve System
February 19, 1938

Debits to individual accounts, as reported by banks in leading cities for the
week ended February 16, which included only five business days in many of the re­
porting centers, aggregated $7,066,000,000, or 10 percent above the total reported
for the preceding week and 20 percent below the total for the corresponding week of
last year, which also included only five business days in many of the reporting
centers.
Aggregate debits for the l4l cities for which a separate total has been main­
tained since January 1919 amounted to $6,503,000,000, compared with $5,862,000,000
the preceding week and $8,155,000,000 the week ended February 17 of last year.
SUMMARY BY FEDERAL RESERVE DISTRICTS
(in thousands of dollars)
Week e nded
Number
Federal
Feb. 17,
Feb. 9,
Feb. 16,
Reserve
of centers
1937
1938
District
included
1938
524,398
373j192
No* 1 - Boston
17
397,372
3,970,191
3,061,694
2,738,105
2 - New York
15
439,946
334,726
3 - Philadelphia
18
366,685
563,901
4 - Cleveland
25
435,720
414,313
294,942
238,470
5 - Richmond
24
254,615
228,439
191,305
6 - Atlanta
25
205,353
1,198,450
861,385
7 - Chicago
4l
978,031
247,308
193,028
8 - St. Louis
16
213,999
121,774
139,637
124,914
9 - Minneapolis
17
277,051
210,869
10 - Kansas City
28
248,297
206,791
174,267
191,028
11 - Dallas
18
725,062
561,830
12 - San Francisco
29
588,013
8 816,116
6j413,264
7,065,721
TOTAL
273
DEBITS BY BANKS IN EACH REPORTING CENTER
_________ (In thousands of dollars)________
Week ended
Week ended
Feb. 16,1938
Feb. 16,1938
DISTRICT NO. 2 - NEW YORK (Cont*d)
DISTRICT NO. 1 - BOSTON
Northern New Jersey
3,124
Bangor, Maine
Clearing House Ass’n
32,432
251,773
Boston, Mass,
Passaic, N. J,
5,049
3,240
Brockton, Mass*
Poughkeepsie, N. Y.
3,277
1,831
Burlington, Vt*
Rochester, N. Y.
24,i259
3,275
Fall River, Mass,
Stamford, Conn*
3,588
40,501
Hartford, Conn*
Syracuse, N. Y.
17,827
2,228
Holyoke, Mass,
Utica, N. Y.
7,466
2,866
Lowell, Mass.
3,666
Lynn, Mass,
DISTRICT NO. 3 - PHILADELPHIA
3,090
Manchester, N. H*
Allentown, Pa.
5,176
3,453
New Bedford, Mass,
Altoona, Pa*
1»984
15,489
New Haven, Conn,
Camden, N. J*
8,554
6,955
Portland, Maine
Chester, Pa*
2,450
26,462
Providence, R, I*
Harrisburg, Pa*
7,362
13,613
Springfield, Mass,
Hazleton, Pa.
2,853
5,062
Waterbury, Conn,
Johnstown, Pa*
3,383
10,744
Worcester, Mass*
Lancaster, Pa,
4,782
Lebanon, Pa.
1,322
DISTRICT NO. 2 - NEW YORK
Norristown, Pa.
2,077
51,840
Albany, N. Y.
Philadelphia, Pa.
262,515
4,263
Binghamton, N. Y,
Reading, Pa.
6,288
48,950
Buffalo, N. Y.
Scranton, Pa,
9,165
3,305
Elmira, N. Y,
Trenton, N. J.
21,915
2,44 5
Jamestown, N. Y,
Wilkes-Barre, Pa.
4,744
3,557
Montclair, N. J,
Williamsport, Pa.
1,990
60,278
Newark, N. J.
Wilmington, Del.
15,840
2,793,158
New York, N. Y,
York, Pa.
4,285



,

Form FR-285-a
DEBITS BY BANKS IN EACH REPORTING CENTER
(In thousands of dollars)
Week ended
Week ended
Feb. 16, 1938
Feb. 16, 1938
DISTRICT NO. 4 - CLEVELAND
DISTRICT NO. 6 - ATLANTA (Conttd)
Akron, Ohio
11,570
Elberton, Ga.
231
Butler, Pa.
1,740
Hattiesburg, Miss.
1,066
Canton, Ohio
6,115
Jackson, Miss*
5,422
Cincinnati, Ohio
66,640
Jacksonville, Fla.
Cleveland, Ohio
107,557
Knoxville, Tenn.
6,501
Columbus, Ohio
30,677
Macon, Ga.
3,383
Dayton, Ohio
15,016
Meridian, Miss,
2,441
Erie, Pa.
5,215
Miami, Fla.'
11,087
Franklin, Pa.
670
Mobile, Ala,
7,527
Greensburg, Pa.
1,-496
Montgomery, Ala,
4,736
Hamilton, Ohio
2,310
Nashville, Tenn*
17,529
Homestead, Pa.
64
-1
Newnan, Ga,
376
Lexington, Ky.
5,2-46
New Orleans, La,
49,488
Lima, Ohio
2,586
Pensacola, Fla*
1,686
Lorain, Ohio
l,l44
Savannah., Ga,
5,653
Middletown, Ohio
1,869
Tampa, Fla,
6,679
Oil City, Pa.
2,o4l
Valdosta, Ga.
809
Pittsburgh, Pa.
128,413
Vicksburg, Miss,
2,116
Springfield, Ohio
3,629
Steubenville, Ohio
1,983
STRICT NO. 7 - CHICAGO
Toledo, Ohio
22,481
Adrian, Mich.
.615
Warren, Ohio
1,724
Aurora, 111,
2,358
Wheeling, W. Va.
5,531
Battle Creek, Mich,
2,453
Youngstown, Ohio
7,915
Bay City, Mich,
2,186
Zanesville, Ohio
1,511
Bloomington, 111,
2,360
Cedar Rapids, Iowa
4,285
DISTRICT 110. 5 - RICHMOND
Champaign-Urbana, 111,
2,617
Asheville, N. C.
2,452
Chicago, 111*
577,298
Baltimore, Md.
71,753
Clinton, Iowa
1,073
Charleston, S. C.
3,327
Danville, 111.
1,929
Charleston, W. Vaf
10,556
3,886
Davenport, Iowa
Charlotte, II. C.
12,154
Decatur, 111.
3,154
Columbia, S. C.
5,930
Des Moines, Iowa
17,162
Cumberland, Md,
1,713
Detroit, Mich.
163,313
Danville, Va.
1,764
Dubuque, Iowa
1,846
Durham, N. C.
5,826
Elgin, 111.
1,682
Greensboro, II. C.
3,830
Flint, Mich.
5,952
Greenville, S. C.
4,077
Fort Wayne, Ind,
6,652
Hagerstown, Md.
1,634
Gary, Ind.
2,689
Huntington, W. Va.
3,4lO
Grand Rapids, Hi ch.
9,594
Lynchburg, Va.
3,389
Green Bay, Wis.
2,789
Newport News, Va.
1,801
1,441
Hammond, Ind*
Norfolk, Va.
9,846
Indianapolis, Ind.
36,382
Portsmouth, Va.
854
Jackson, Mich.
3,589
Raleigh, II, C.
7,063
3,834
Kalamazoo, Mich.
Richmond, Va.
31,477
Lansing, Mich,
4,395
Roanoke,. Va.
5,617
Manitowoc, Wis,
1,792
Spartanburg, S. C.
2,001
1,631
Mason City, Iowa
Washington, D. C.
53,470
Milwaukee, Wis*
55,433
Wilmington, N. C.
2,377
Moline, 111,
1,772
Wiflston-Salen, N. C.
8,294
Muscatine, Iowa
651
Oshkosh, Wis,
2,115
DISTRICT NO, 6 - ATLANTA
Peoria, 111,
10,973
Albany, Ga.
1,103
Rockford, 111,
5,479
Atlanta, Ga.
43,638
Saginaw, Mich,
4,101
Augusta, Ga.
3,633
3,036
Sheboygan, Wis,
Birmingham, Ala.
17,944
Sioux City, Iowa
7,163
Brunswick, Ga.
665
South Bend, Ind,
6,365
Chattanooga, Tenn.
8,194
Springfield, 111,
4,535
Columbus, Ga.
2,778
Terre Haute, Ind*
3,840
Dothan, Ala,
668
3,611
Waterloo, Iowa



Form FR-285-b
DEBITS BY BANKS IN EACH REPORTING CENTER
(in thousands of dollars)__________
Week ended
Week ended
Feb. 16, 1938
Feb. 16., 1938
DISTRICT NO. 8 - ST. LOUIS
DISTRICT NO. 10 - KANSAS CITY (Cont»d)
East St. Louis & Nat*l
Omaha, Neb.
28,04s
Stock Yards, 111.
6,690
Pittsburg, Kans.
1,005
Eldorado, Ark.
1,219
Pueblo, Colo.
3,961
Evansville, Ind.
5,-437
St. Joseph, Mo.
5,279
Fort Smith, Ark.
2,-428
Topeka, Kans,
4,057
Greenville, Miss.
1,381
Tulsa, Okla.
46,922
Helena, Ark.
464
Wichita, Kans,
9,942
Little Rock, Ark.
7,747
Louisville, Ky.
38,646
DISTRICT NO. 11 - DALLAS
Memphis, Tenn.
26,824
Abilene, Tex,
1,956
Owensboro, Ky.
1,508
Austin, Tex.
8,844
Pine Bluff, Ark.
1,511
Beaumont, Tex#
6,135
Quincy, 111,
1,443
Corsicana, Tex# •
652
St. Louis, Mb.
115,000
Dallas, Tex#
55,643
Sedalia, Mo.
355
El. Paso, Tex#
6,459
Springfield, Mo.
2,764
Fort Worth, Tex.
17,314
Galveston, Tex.
6,818
Texarkana,Ark.(See also Tex.)
582
Houston, Tex.
46,6o4
DISTRICT NO. 9 - MINNEAPOLIS
Port Arthur, Tex.
1,643
Aberdeen, S. D.
927
Roswell, N. M.
907
Billings, Mont.
1,677
San Antonio, Tex.
14,094
Dickinson, N. D.
192
Shreveport, La.
11,149
Duluth, Minn.
7,005
Texarkana, Tex.
Fargo, N. D.
3,584
(See also Ark.)
931
Grand Forks, N. D.
834
Tucson, Ariz#
2,441
Tyler, Tex.
2,669
Helena, Mont,
1,799
Waco, Tex.
3,042
Jamestown, N. D,
295
La Crosse, Wis,
1,612
Wichita Falls, Tex.
3,727
Minneapolis, Linn.
61,350
Minot, N, D.
691
DISTRICT NO. 12 - SAN FRANCISCO
Bakersfield, Calif#
4,084
Red Wing, Minn.
380
Bellingham, Wash.
1,647
St. Paul, Minn,
35,346
Berkeley, Calif*
3,580
Sioux Falls, S. D.
3,099
Boise, Idaho
2,861
South St. Paul, Minn,
4,147
Eugene, Ore.
1,676
Superior, M s ,
770
Everett, Wash .
1,507
Winona, Minn,
1,206
Fresno, Calif#
7,000
Long Beach, Calif*'
7,586
DISTRICT NO. 10 - KANSAS CITY
Los Angeles, Calif#
204,432
Albuquerque, N. M.
3,113
Oakland, Calif.
19,619
Atchison, Kans*
720
Ogden, Utah
2,986
Bartlesville, Okla,
6,519
Pasadena, Calif,
6,768
Casper, Wyo.
1»105
Cheyenne, Wyo*
1,417
Phoenix, Ariz*
9,263
Portland, Ore*
31*268
Colorado Spring®, Colo#
2,576
Rem, Nev.
1,967
Deiwar, Colo*
28,997
Sacramento, Calif*
20,847
Enid, Okla*
2,984
Salem, Ore,
2,706
Fremont, Neb.
496
Salt Lake City, Utah
13,433
Grand Junction, Colo.
738
San Bernardino, Calif#
2,423
Guthtla, Okla,
424
San Diego, Calif#
10,569
Hutchinson, Kans#
2,334
San Francisco, Calif#
164,884
Independence, Kans.
673
San Jose, Calif#
4,627
Joplinr Mo.
2,335
Santa Barbara, Calif,
2,731
Kansas City, Kans,
3,24l
Seattle, Wash.
37,010
59,928
Kansas City, M d #
Spokane, Wash,
8,324
Lawrence, Kans.
74l
Stockton, Calif#
3,54l
Lincoln, Neb.
5,986
Tacoma, Wash#
7,166
Muskogee, Okla.
1,545
Walla Walla, Wash#
1,115
Oklahoma City, Okla.
22,460
Yakima, Wash,
2,393
Okmulgee, Okla.
751