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Form FRr-285 For immediate release STATEMENT FOR THE PRESS BANK DEBITS Board of Governors of the Federal Reserve System February 27, 1939 Debits to individual accounts, as reported by banks in leading cities for the week ended February 22, aggregated <^6,471,000,000, or 8 percent beiow the total re~ ported for the preceding week and 10 percent above the total for the corresponding week of last year. The current week and the corresponding week of last year had ° only five business days, mhile the week ended February 15 had only five business days in most of the reporting centers. Aggregate debits for the l4l cities for which a separate total has been main tained since January 1919 amounted to $5,922,000,000, compared with 06,478,000,000 the preceding week and $5,364,000,000 the week ended February 23 of last year. SUMMARY BY FEDERAL RESERVE DISTRICTS (In thousands of dollars) Federal Number W e ek ended Reserve of centers Feb. 22, Feb. 15, Feb. 23, District included 1939 1939 1938 No* 1 - Boston 17 353,808 405,3^5 324,292 2 — New York 15 3,148,222 2,885,338 2,377,933 3 - Philadelphia 18 335,449 350,139 282,647 4 - Cleveland 25 398,539 435,805 370,429 5 — Richmond 24 244,864 225,173 216,027 6 - Atlanta 26 200,858 202,231 241,511 7 - Chicago 4l 849,145 929,787 871,340 8 — St, Louis 16 198,232 203,682 186,757 9 - Minneapolis 17 110,9*7 111,827 112,365 10 - Kansas City 28 210,197 227,310 215,295 11 - Dallas 18 184,466 185,819 183,523 12 — San Francisco 29 518,710 557.313 531.603 __ TOTAL 274 6,470,852_____ 7,041,624_____ 5,874,442 DEBITS BY BANKS IN EACH REPORTING CENTER (in thousands of dollars)_______ Week ended Week ended Feb. 22, 1939 Feb. 22, 1939 DISTRICT NO. 1 - BOSTON DISTRICT NO. 2 - NEW YORK (Cont*d) Bangor, Me. 2,208 Northern New Jersey Boston, Mass. 225,652 Clearing House Ass*n 34,267 Brockton, Mass. 3,497 Passaic, N. J. 5,71^ Burlington, Vt. 1,772 Poughkeepsie, N. Y. 3,753 Fall River, Mass* 3,350 Rochester, N. Y. 21,176 Hartford, Conn. 29,620 Stamford, Conn. 3,134 Holyoke, Mass, 2,158 Syracuse, N. Y. 16,119 Lowell, Mass, 2,804 Utica, N. Y. 6,675 Lynn, Mass. 3,428 Manchester, N. H. 3,400 DISTRICT NO. 3 ~ PHILADELPHIA New Bedford, Mass. 3,445 Allentown, Pa, 4,531 New Haven, Conn. 13,858 Altoona, Pa. 2,24-3 Portland, Maine 6,692 Camden, N» J, 9,401 Providence, R. I. 24,585 Chester, Pa. 2,579 Springfield, Mass. 11,707 Harrisburg, Pa. 7,690 Waterbury, Conn. 5,425 Hazleton, Pa. 2,232 Worcester, Mass. 10,207 Johnstown, Pa, 2,867 Lancaster, Pa. ' 4,797 DISTRICT NO. 2 - NEW YORK Lebanon, Pa. 1,468 Albany, N. Y. 45,961 Norristown, Pa. 1,773 Binghamton, N. Y. 4,804 Philadelphia, Pa. 240,979 Buffalo, N, Y. 4l,74l Reading, Pa, 7,420 Elmira, N, Y. 2,940 Scranton, Pa. 8,888 Jamestown, N. Y. 2 328 Trenton, N. J. 12,495 Montclair, N. J. 3^042 Wilkes-Barre, Pa. 4,070 Newark, N. J. 56,116 Williamsport, Pa. 2,019 New York, N. Y. 2,637,568 Wilmington, Del. 15,718 York, Pa. ^f279 Form FRr-285—a DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars)_______ Week ended Week ended FSb. 22, 1939 Feb. 22, 1939 DISTRICT NO. 6 - ATLANTA (Conttd) DISTRICT HO. 4 - CLEVELAND 181 Akron, Ohio Elberton, Ga, 11,383 Hattiesburg, Miss. Butler, Pa, 1,5^0 855 7,756 Jackson, Miss. Canton, Ohio 6,617 Cincinnati, Ohio Jacksonville, Fla. 17,499 63,359 97,554 6,037 Knoxrville ,Tenn. Cleveland, Ohio Macon, Ga. 2,963 Columbus, Ohio 27,651 2,220 Dayton, Ohio Meridian, Miss, 12,339 13,042 Miami, Fla. Erie, Pa. 5,303 5,370 Franklin, Pa, Mobile, Ala. 567 Montgomery, Ala. 4,165 Greensburg, Pa, 1,191 18,113 Hamilton, Ohio Nashville, Tenn. 2,215 328 528 Henman, Ga, Homestead, Pa, 3,986 34,889 New Orleans, La. Lexington, Ky, 1,534 Lima, Ohio Pensacola, Fla. 2,159 858 5,127 Savannah, Ga. Lorain, Ohio 1,984 7,000 Tampa, Fla. Middletown, Ohio 734 2,130 Valdosta, Ga, Oil City, Pa, 1,332 Vicksburg, Miss. Pittsburgh, Pa, 113,935 3,374 Springfield, Ohio 1,687 DISTRICT NO. 7 - CHICAGO Steubenville, Ohio 2.1,604 Adrian, Mich, Toledo, Ohio 685 1,453 Aurora, 111, 2,389 Warren, Ohio 5,592 2,386 Battle Creek, Mich. Wheeling, W. Va, 7,896 2,326 Bay City, Mich. Youngstown, Ohio 1,634 2,248 Bloomington, 111. Zanesville, Ohio 4,0.78 Cedar Rapids, Iowa Champaign-Urbana, 111. 2,572 DISTRICT NO. 5 - RICHMOND 462,343 Chicago, 111. Asheville, N,'C, 2,180 Clinton, Iowa 970 Baltimore, Md, 61,511 Danville,111. Charleston, S. C, 1,697 3,393 Davenport, Iowa Charleston, W. Va. 3,848 8,625 Charlotte, N. C. Decatur, 111, 11,302 2,879 Des Moines, Iowa Columbia,S. C, 15,206 5,060 Detroit, Mich. Cumberland, Md, 161,144 1,402 Dubuque, Iowa Danville, Va, 1,850 1,311 Elgin, 111. Durham, H. C, 4,741 1,345 Flint, Mich, Greensboro, N. C, 3,928 5,055 Greenville, S. C. Fort Wayne, Ind. 6,044 3,604 Hagerstown, Md, Gary, Ind, 1,454 2,434 Grand Rapids, Mich . 10,184 Huntington, W. Va. 3,021 LynchbUrg, Va, Green Bay, Wis. 3,070 2,412 Newport Hews, Va, Hammond, Ind, 1,474 2,154 Indianapolis, Ind, Norfolk, Va, 34,247 9,335 Portsmouth, Va, 3,186 Jackson, Mich. 826 Kalamazoo, Mich, Raleigh, N. C. 3,150 6,818 4,851 Richmond ,Va. Lansing, Mich. 27,760 4,948 Roanoke, Va, Manitowoc, Wis, 1,207 1,914 Mason City, Iowa Spartanburg, S.C. 1,710 53,094 Milwaukee, Wis, Washington, D. C. 49,255 1,398 Moline, 111, Wilmington, N. C. 1,965 6,458 690 Muscatine, Iowa Winstorr-Salem, N. C. 1,561 Oshkosh, Wis, 10,089 DISTRICT'. 110, 6 - ATLANTA Peoria, 111, 4,482 Rockford, 111, Albany, Ga, 1,027 39,431 4,172 Atlanta,Ga, Saginaw, Mich, 3,182, 2,481 Augusta, Ga, Sheboygan, Wis, 15,713 Sioux City, Iowa 7,155 Birmingham„ Ala, 7,402 515 Brunswick, Ga, South Bend, Ind. 8,409 Springfield, 111, 4,359 Chattanooga, Tenn, 2,743 3,980 Terre Haute, Ind, Columbus, Ga, 3,400 693 Waterloo, Iowa Dothan, Ala, 1 / « / Form FR-285~b DEBITS BY BANKS IN EACH fin thousands of Week ended Feb. 22, 1939 DISTRICT NO. 8 - ST. LOUIS East St, Louis & Nat*l, Stock Yards, 111# 6,192 1,028 Eldorado, Ark. Evansville, Ind. 5,400 Fort Smith, Ark. 2,266 Greenville, Miss, 955 24-4 Helena, Ark. Little Rock, Ark, 7,123 Louisville, Ky. 33,307 23,670 Memphis,Tenn, 1,85-4 Owensboro, Ky. 1,179 Pine Bluff, Ark. 1,582 Quincy, 111, 110,000 St. Louis, Mo, 359 Sedalia, Mo. 2,389 Springfield, Mo. Texarkana, Ark,(See also Tex,) 684 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. 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, Okr.ulgee, Okla. REPORTING CENTER dollars) Week ended Feb. 22, 1939 DISTRICT NO, 10 - KANSAS CITY (Cont’d) Omaha, Neb, 26,859 Pittsburg, Kans. 675 3,298 Pueblo, Colo, St, Joseph, Mo, 5,277 3,234 Topeka, Kans, 26,094 Tulsa, Okla, Wichita, Kans. 7,867 DISTRICT NO. 11 - DALLAS 1,597 Abilene, Tex, 8,471 Austin, Tex# 6,027 Beaumont, Tex, 685 Corsicana, Tex, 52,014 Dallas, Tex, 7,198 El Paso, Tex, 16,364 Fort Worth, Tex. Galveston, Tex, 4,303 49,628 Houston, Tex, Port Arthur, Tex, 1,839 836 Roswell, N. M, 784 13,784 San Antonio, Tex# 1,514 Shreveport,La, 9,290 179 Texarkana, Tex, 6,123 ' (See also Ark.) 865 2,993 Tucson, Ariz, 2,785 843 Tyler, Tex# 2,394 1,563 Waco, Tex, 3,112 224 Wichita Falls, Tex# 3,274 1,662 53,641 DISTRICT NO. 12 - SAN FRANCISCO 531 3,350 Bakersfield, Calif, 387 1,169 Bellingham, Wash. 30,410 3,417 Berkeley, Calif, 3,255 3,314 Boise, Idaho 4,920 1,398 826 Eugene, Ore. 1,305 1,082 Everett, Wash. 5,768 Fresno, Calif. 7,535 Long Beach, Calif, Los Angeles, Calif, 2,554 171,453 18,578 Oakland, Calif, 557 2,334 Ogden, Utah 5,249 5,109 Pasadena, Calif, 1,200 10,692 Phoenix, Ariz, 1,325 29,190 2,485 Portland, Ore, _* * 2,164 29,472 Reno, Nev. 13,480 Sacramento, Calif. 1,773 2,491 516 Salem, Ore, 11,401 698 Salt Lake City, Utah 2,018 San Bernardino,Calif, 380 9,368 2,217 San Diego, Calif. 150,181 San Francisco, Calif, 691 4,182 San Jose, Calif, 2,009 Santa Barbara, Calif, 2,316 3,001 35,008 Seattle,Wash, 54,852 8,010 Spokane, Wash. 626 Stockton, Calif, 3,121 6,095 7,000 Tacoma, Wash. 1,520 Walla Walla, Wash. 1,107 19,171 Yakima ,Wash. 2,251 502 \ /