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Form FR-285

STATEMENT FOR THE PRESS

For Immediate release

BANK DEBITS

Board of Governors
of the Federal Reserve System
February 5, 1938

Debits to individual accounts, as reported by banks in leading cities for the
week ended February 2, aggregated $8,1-41,000,000, or 9 percent above the total re­
ported for the preceding week and 24 percent below the total for the corresponding
week of last year.
Aggregate debits for the l4l cities for which & separate total has been main­
tained since January 1919 amounted to $7,511,000,000, compared with $6,869,000,000
the preceding week and $9,994-,000,000 the week ended February 3 of last year.
SUMARY BY FEDERAL RESERVE DISTRICTS
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

Number
of centers
included
17
15
18
25
24
26
4l
16
17
28
18
29

Feb. 2,
1938
491,341
3,679,525
407,217
511,917
284,046
222,804
1,103,173
223,739
142,542
245,792
196,428
633,290

Week endec
Jan. 26,
1938
400,299
3,317,153
379,657
470,752
258,262
228,318
1 , 002,116
220,872
130,242
240,205
209,613
594,812

Feb. 3,
1937
620,192
5,584,371
468,064
573,657
314,631
242,753
1,322,922
209,067
160,254
271,951
207,150
709,442

10,684,454
8,141,814
7,452,301
274
DEBITS BY BANKS IN EACH REPORTING CENTER
(in thousands of dollars)________
Week ended
Week ended
Feb. 2, 1938
Feb. 2, 1938
DISTRICT NO. 2 - NEW YORK (Cont«d)
DISTRICT NO. 1 - BOSTON
Northern New Jersey
Bangor, Maine
3,624
Clearing House Ass’n
39,862
Boston, Mass.
328,027
Passaic, N. J.
5,548
Brockton, Mass,
3,218
Poughkeepsie, N, Y.
3,193
Burlington, Vt.
2,133
Rochester, N. Y,
31,781
Fall River, Mass.
3,243
Stamford, Conn,
4,177
Hartford, Conn,
43,069
Syracuse, N. Y,
18,789
Holyoke, Mass.
2,483
Utica, N. Y.
7,995
Lowell, Mass*
2,882
Lynn, Mass.
3,939
DISTRICT NO. 3 - PHILADELPHIA
Manchester, N. H.
3,308
5,936
Allentown, Pa,
New Bedford, Mass.
3,5042,302
Altoona, Pa,
New Haven,. Conn.
17,213
10,626
Camden, N. J,
Portland, Maine
7,862
2,589
Chester, Pa,
Providence, R. I .
36,658
7,979
Harrisburg, Pa,
Springfield, Mass.
13,4-97
2,902
Hazleton, Pa.
Waterbury, Conn,
5,271
3,429
Johnstown, Pa,
Worcester, Mass,
11,4-10
5,147
Lancaster, Pa,
1,263
Lebanon, Pa.
DISTRICT NO. 2 - NEW YORK
2,201
yorristown, Pa,
Albany, N. Y,
35,140
300,627
Philadelphia, Pa.
Binghamton, N. Y,
5,285
6,213
Reading, Pa.
Buffalo, N. Y,
63,452
9,801
Scranton, Pa.
Elmira, N. Y.
3,953
14,723
Trenton,N. J,
Jamestown, N. Y.
2,501
5,520
Wilkes-Barre, Pa,
Montclair, N. J.
3,764
2,014
Williamsport, Pa.
Newark, N. J.
72,865
19,274
Wilmington, Del.
New York, N. Y.
3,381,220
4,671
York, Pa.



Form FR-285-a
DEBITS BY BANKS IN EACH REPORTING CENTER
(in thousands of dollars)________
Week ended
Week ended
Feb. 2, 1938
Feb. 2, 1938
DISTRICT NO. 4 - CLEVELAND
DISTRICT NO. 6 - ATLANTA (Cont’d)
Akron, Ohio
Elberton, Ga.
13,727
237
Butler, Pa.
Hattiesburg, Kiss.
991
1,903
Canton, Ohio
Jackson, Miss.
6,9-41
5,929
Cincinnati, Ohio
17,076
Jacksonville, Fla.
76,143
Cleveland, Ohio
Knoxville, Tenn.
116,514
7,597
Columbus, Ohio
Macon Ga.
2,671
39,789
Dayton, Ohio
Meridian, Miss,
14,346
2,317
Erie, Pa.
Miami, Fla.
9,616
5,701
Franklin, Pa.
Mobile, Ala.
8,994
595
Greensburg, Pa.
Montgomery, Ala.
5,478
1,573
Hamilton, Ohio
Nashville, Tenn.
16,827
2,255
Homestead, Pa.
Newnan, Ga.
616
335
Lexington, Ky.
New Orleans, La.
49,712
8,829
Lima, Ohio
Pensacola, Fla.
1,737
3,385
Lorain, Ohio
Savannah, Ga,
1,078
6,753
Middletown, Ohio
Tampa, Fla,
6,916
2,022
Oil City, Pa.
Valdosta, Ga,
2,429
673
Pittsburgh, Pa.
Vicksburg, Miss.
1,498
162,960
Springfield, Ohio
3,883
Steubenville, Ohio
1,830
DISTRICT NO. 7 - CHICAGO
26,598
758
Adrian, Mich.
Toledo, Ohio
2,626
Warren, Ohio
Aurora, 111*
1,439
Wheeling, W. Va.
Battle Creek, Mich.
6,542
2,469
Bay City, Mich,
2,427
Youngstown, Ohio
9,091
1,728
Zanesville, Ohio
Bloomington, 111.
2,315
5,140
Cedar Rapids, Iowa
DISTRICT NO. 5 - RICHMOND
Champaign-Urbana, 111.
3,079
652,386
3,011
Asheville, N. C.
Chicago, 111*
77,885
1,394
Baltimore, Md,
Clinton, Iowa
2,238
3,512
Danville, 111,
Charleston, S. C.
10,778
4,633
Davenport, Iowa
Charleston, W. Va.
11,402
3,625
Decatur, 111,
Charlotte, N. C.
20,985
5,605
Columbia,S. C.
Des Moines, Iowa
189,724
1,602
Detroit, Mich.
Cumberland, Md.
1,842
2,147
Dubuque* Iowa
Danville,Va.
1,606
6,678
Durham, N. C.
Elgin, 111.
3,992
Flint, Mich.
5,567
Greensboro, N. C.
7,267
3,911
Fort Wayne, Ind.
Greenville, S.C.
1,764
2,592
Hagerstown, Md.
Gary, Ind.
3,674
10,422
Grand Rapids, Mich.
Huntington, W. Va.
Lynchburg, Va.
Green Bay, Wis.
2,795
3,602
Hammond, Ind.
Newport News,Va,
1,4)1
2,034
Indi anapoli s, Ind .
Norfolk, Va.
12,166
42,105
Portsmouth, Va.
Jackson, Mich,
3,268
1,025
Raleigh, N. C.
Kalamazoo, Mich.
4,169
13,527
Lansing, Mich.
Richmond,Va.
4,433
40,453
Roanoke, Va.
Manitoisroc, Wis.
1,377
5,896
Mason City, Iowa
Spartanburg, S. G.
2,158
2,013
Milwaukee, Wis,
Washington, D. C.
55,988
59,695
Moline, 111.
Wilmington, N. C.
1,892
2,180
6l6
Winston-Salem, N. C.
Muscatine, Iowa
9,201
1,856
Oshkosh, Wis.
12,230
DISTRICT NO. 6 - ATLANTA
Peoria, 111,
Rockford, 111,
Albany, Ga.
5,105
1,061
4,338
4l,4l0
Saginaw, Mich.
Atlanta, Ga.
3,282
3,427
Sheboygan, Wie,
Augusta,Ga.
8,220
Birmingham, Ala.
Sioux City, Iov/a
19,367
576
South Bend, Ind.
8,051
Brunswick, Ga.
8,281
5,317
Springfield, 111,
Chattanooga, Tenn.
4,l44
2,738
Terre Haute, Ind,
Columbus, Ga,
3,626
587
Waterloo, Iowa
Dothan, Ala.



Form FR-285-b

Debits by banks in each reporting center
(in thousands of dollars)
Week ended
Week ended
Feb*
2, 1938
Feb. 2, 1938
DISTRICT
OlXUyJk NO.
ifv/* 10
J. - KANSAS CITT (Cont’d)
DISTRICT NO. 8 * ST. LOUIS
Omaha, Neb.
31,793
East St. Louis & Nat'l
Pittsburg, Kans.
863
Stock Yards, 111.
7*071
pueblo, Colo*
4,685
Eldorado, JLrk.
1,070
St. Joseph, Mo*
5,480
Evansville, -Ind.
5,666
Topeka,
Kans.
3,4iD4
Fort Smith, Ark.
2,591
Tulsa, Okla.
27,159
Greenville, _Mi8s•
1,229
Wichita, Kans,
10,222
Helena, Ark*
391
Little Roc*, Ark.
7,025
DISTRICT NO. 11 - DALLAS
Louisville, Ky.
40,931
1,883
Abilene, Tex,
Memphis, Tenn*
30,251
6,802
Austin, Tex,
Owensboro, Ky.
1,347
6,509
Beaumont, Tex,
Pine Bluff, Ark.
1,456
831
Corsicana, Tex,
Quincy, 111.
1,630
53,432
Dallas, Tex,
St, Louis, Mo,
119,100
6,829
El Paso, Tex,
Sqdalia, Mo,
469
17,687
Fort Worth, Tex,
Springfield, Mo,
2,841
6,133
Galveston, Tex.
Texarkana,Ark.(See also Tex.)
671
54,130
Houston, Tex.
1,791
Port Arthur, Tex.
DISTRICT NO. 9 - MINNEAPOLIS
652
Roswell, N. M.
938
Aberdeen, S. D.
16,326
1,578
San Antonio, Tex.
Billings, Mont,
9,515
Shreveport, La,
204
Dickinson, N. D,
Texarkana, Tex,
8,875
Duluth, Minn.
1,023
(See also Ark.)
3,330
Fargo, N. D.
2,753
2,186
Tucson, Ariz,
Helena, Mont,
2,956
Tyler, Tex.
293
Jamestown, N. D*
3,601
845
Waco, Tex.
Grand Forks, N. D,
3.575
mchita Falls, Tex.
1,742
La Crosse, Wis.
70,338
Minneapolis, Minn,
FRANCISCO
DISTRICT NO. 12 - SAN 754
Minot, N. D,
4,654
Bakersfield, Calif*
402
Red Wing, Minn,
1,348
Bellingham, Wash,
40,840
St. Paul, Minn.
4,639
Berkeley, Calif,
3,374
Sioux Falls, S. D.
3,898
Boise, Idaho
4,521
South St, Paul, Minn.
1,341
Eugene, Ore.
942
Superior, Wis,
1,583
Everett, Wash.
' 1,380
Winona, Minn.
7,527
Fresno, Calif,
7,762
Long
Beach, Calif*
DISTRICT NO. 10 - KANSAS CITY
188,945
Los Angeles, Calif*
3,266
Albuquerque, N. M,
19,958
Oakland,
Calif,
606
Atchison, Kans,
3,277
Ogden, Utah
6,589
Bartlesville, Okla,
6,142
Pasadena, Calif,
1,153
Casper, Wyo.
9,771
Phoenix, Ariz*
1,682
Cheyenne, Wyo,
36,262
. Portland, Ore.
3,921
Colorado Springs, Colo.
2,582
Reno, Nev.
34,890
Denver, Colo,
41,902
Sacramento, Calif*
2,276
Enid, Okla,
2,823
Salem, Ore.
550
Fremont, Neb,
13,258
Salt Lake City, Utah
757
Grand Junction, Colo.
2,537
San Bernardino, Calif*
402
Guthrie, Okla.
10,372
San Diego, Calif.
2,436*
Hutchinson, Kans.
191,668
San Francisco, Calif*
592
Independence, Kans.
5,254
San Jose, Calif.
2,101
Joplin, Mo,
2,761
Santa Barbara, Calif*
2,866
Kansas City, Kans.
40,401
Seattle,
Wash*
64,967
Kansas City, Mo.
8,315
Spokane, Wash.
768
Lawrence, Kans.
4,179
Stockton. Calif*
6,817
Lincoln, Neb.
6.575
Tacoma, Wash.
1,774
Muscogee, Okla.
1,147
Walla
Walla, Wash.
23,234
Oklahoma City, Okla,
2,409
Yakina, Wash.
539
Oknulgoo, Okla,